, 1874-09-10

TIE GAGE CASE.
Waiting for .Jmdgo Dickoy'a Opinions.
shrlnlsugo In tho valt,u OF sccurl-
ties.
Tho stirring ovoAta, n,a,,y Of thon1 Of similar
chnraotor, thst tnvo happened throughout tho
country sinco tho GAgo dofalcation cnmo to
light, havc caused that OCCURRENCE to DO
temporarily lost sight Of by tho public in gon-
eri. and probably tllore could not bo found
twonty pooplo IN Chioago Who could tell OF
hand anywhere noar how tho mhttor stands at
pEcsoht as botwoon Mr.. David 4. dugc, his
bondanon. aud ths city authorities. Tho sub
jeot will 10 soon revived, hnwovor, and It Will
tl,on nppcar to what o1tont the city ia to bo 70.
lmbnrsod by tho porsonal tlroo!s Of tho do
fanltcr, and alao thu amount for which ILLS
bondbnon will he hold Responsible.
T1tE 1husr DEED
executed by Mr., dagc nnd his wifo las now
expired, nld it rosta with tho City Comptroller
to proceed aud soil for tho cty'B houoit such OF
tho prupcrty aB las not boon dsposod Of ny Mr.
Taylor Tho TfuBtoe. ...
Ou tho 97th OF Dccombor, 1879, tl,oro wau hold
Mt the Grand raolflo 1Iotol meeting for the
purpose Of concluding tho loyal forms necessary
IL IVGE " k4l1 Elty VIII "AA4etA AAAs
Gago had olroroll to givo up toward tho paymont
Of Ills deficiency aB City Troaa,lror. At TINT
meeting tlcro wore present Judge Norton. then
Corporation Counsel, u. q. Caullcid, acting as his
tuo Matturs Mt Mr. deorge Tnyer. oity Comptroller
. u1,dcr tho administration OF Alnyor Mason, was
nsroed upon rs Trnstco, and the trust lecd was
tllcn delivered. According to isa tcrma, various
weru conveyed III trus. 70 Mr. Taylor, to 30 BY
him suld for tho bono!1tof tho City Of Chicago.
rIE rnorEnTY
described in tho truat docd was estimated in
yntue M follow8:
Atwood farm, "a sssca ie incnmbrance> .saooouo
Thirty acrcs u villaGcxof Lyons. containing
twu itno-sil,'a et!gine-touRe. anu soson
Michigal, avenue lousoa {no iuomhrarcei,,., 4o.ov0
rasmeaeo stables prnpcrty, ll1115o foos. cornar
Among tho eiausan aud conditions in tio deed
uas tho fol'owing:,
rnraea, ao4r<r, md IT !. csrre.aly ngrecd by Tho
eaih David A. Gaee, that this conveyance Is not 10 bn
tn any Satisfaction Of any part Of naid indobt
olnesa, shall tho same 10 taken nty cauto for
y ay huyo sakcn or may take, to srcuro or 10 col.
leet ssia indebtedness Or ANY part thereof.
Thon follows q c!ausa wnivin: exemption Of
homestead, otc. Tho decd continues 81 folfoWH:
III cnBo Rail real catae a'a not be sold In nccort
apco with tho provisions herenbcfore get forh. within
tho reriN Of eight mouths from the aato hereof, then
said Coiltollcr Hlnl haro the power TO order Ter~
cmplpry ahS thereof s1cl terms aa shall to him
bea for tho interests Of tho aatl City Of ClfcaBp.
In Witness wlgreof etc.
{Sigued) DAVID A. 0AaK,
ELIZA M. GAGR.
PERSONAL PROPERTY.
Tho following porBoual property. uot necessa.
ry to bo put on record, waa turued ovet OH bill
OF sale aud assigned to the Trussoo:
Eonds nf the Chicago h Great Western Naii~
1ne1sst of 81 of Church property
Two f1aaaS notes. oi 4. L. ood, / CO., ia,cl '''
Nov. l. 1673 nt threo anu xix months, ,0e0
City Of catcasu vouchers iii tlc hands Of D. A.
insurance OIL hs OWL fe {no yaluet). 5000
Tho valuation placed Upon tlloir pcrnonnl
property by tho CITY authorities was 9101 900,
leaving out tho 975, 900 of 1ifo-insurauoe which
is contingent gounrity.
SECURITIES TRANSFORMED.
Tho following securities woro also transferred
to tho YfMatee:
Bond Of Second National Iank, with good
Bond Of Maaufactarora' Naona bank. iSocS
Bond Of Bank nf Uhcngo.. lE000
Bend as Ea1lscrA Hank ..,.,.>...~ 2,50N
Total, -, .s147,soo
Tho estimated yalno OF tho total amount
tlr1lod over WAS GH follOwH:
!te0i properly ......:......".s9sou
Bonds Of suspended bania. 147,600
1otat. *asS,utu
THE AMOUNT OF DEFICIENCY
claimed by A1r. OIIara fn his demand upon Mr..
Gage was s507, 7o3.5s. leaving m estimated bal
nnrn nf sin. F0r. 40 IN Mr.. Gnro'H fny0r. YHnt