The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1875-11-04
THE HEART OF NEW YORK.
ONE HUNDRED AND NNETY-Two ACRES OF CITY
PROPERTY IN LITIaATIoN-A SENSATIONAL.

ONE HUNDRED AND NINETY-TWO ACRES OF CITY
PROPERTY IN LITIdATIoN-A SENSATIONAL
STORY ABOUT ''THE BUCHANAN ESTATE"
From the Springfield Cdo.) Advertiserl
We have been unable get all the facts pertaining
this immense claim but from what have learned
from papers in possession and conversation with
one Of the heirs worthy citizen OF Christian county,
we gather that in the early settlement Of the colonies,
and while New York yet in embryo, tho ancestors
OF the Buchanan heirs purchased about 1872 acres of
land then of but little value upon which has
been built tho finest portion of the city.
Trinity church is situated on the disputed
ground and it is estimated that the entire property
worth at least $780, 600 About the year 1766 the
property leased for term OF ninety nine years.
term at that time very common. In the meantime tho
owners OF the property removed to other portion
OF the country and died, leaving their children look
after the estate In this way generations have
ana gone during the continuance of tho lease, the
memory OF which has been kept alive kind of ira
don, chapter of family history, until within tho
past lew years. and since the expiration Of the lease,
some steps nave been taken by those interested
TO recover the vast estate The heirs. of
whom there are about 450 $780, are scattered from
Name TO California, and correspondence between them
Is, In consequence, slow Committees have been
sanlzed among them in various places and efforts made
10 enllst the cooperation OF ALL Many OF them how
ever doubtless regarding the estate long out of
their possession to make its recovery very difficult
II not impossible exceedingly loath to incur the ex
pense necessary 10 properly prosecute undertaking
of such magnitude Others, possibly on account of
having heard but little or nothing concerning II,
look upon IL myth, and refuse
TO spend time money for its attempted recovery.
The evidence however, in favor of the OF the
estate is almost conclusive 1t has been talked about
by the heirs OF each generation during the continuance
OF the lease and since it's expiration steps have been
and are being taken looking the recovery Of the
property 1t is understood that suits pending
in the Circuit Court OF the United States in New York.
on the part OF committee of twenty of the heirs and
that NJ one time since their institution the plaintiffs
have been offered 100000 600 to compromise,
basis, however, that they unwilling
TO accept In addition to this enormous estate
there legaciec amounting to about one
and half millions in gold Holland belonging to the
same family 1t would be very interesting reading,
doubtless could we get all the facts connected with the
family through its various generations at and suisse
quent to the acquisition OF the New York city property
The descendants, numbering probably several
hundreds may all be in moderate circumstances many
OF them may have felt the stngs of poverty, while
told wealth theirs of right and awaited but their
demands to I'LL their Golfers
But we apprehend that the golden apple will not fall
into their laps without considerable shaking Property
so valuable that claimed, in the possession OF
Others Will not be given up even to the undispued
rightful owners, without struggle. And it may be
protracted through long term of years, in the hope
that the patience and perseverance of the claimants
may be overcome and the claim abandoned We feel
assured, however, that the evidence in their pos
session and other evidence which they certainly
get viii render the prospect of ultimate victory
so certain that they will never Yield The
property is ample fortune for all the heirs and
there enough of them, united and working together
for the end to supply the necessary sinews of
war for generation If need be- The money in Holland
may easily be procured and might II all would act in
concert be deposited fund to draw upon for the
necessary expenses in prosecuting suits for the New
York city property steps should BIO taken at once to
procure concert OF action the part of all the heirs
This may easily be done In few months and assur-
ance would be rendered doubly Weawait further
DEVELOPMENTS