The New Orleans bulletin. [volume] (New Orleans [La.]) 1874-1876, 1875-04-22
TWEED'S REAL ESTATE.

| Curious Revelations Regarding His Purchases
How the Property Was Disposed Of Sc for Naturs
Love and Affection and the Seventh Part Of
Dollar,' ETC., Etc.
New YORK, April 1.-THE preparation
now in progress for reopening the civil suit
on the part Of the people against the member
of the old Tweed Ring have already been tn
means of bringing out any amount OF cur1ou
items of information respecting the ring OPP
erations, not the least important of which ar
as to how Tweed invested his part Of tn
spoils of Office. The attachment Of all til,
real estate in the city belonging to Tweed +
satisfy the possible Judgment in the six mil
lion dollar suit now pending against him hal
led to full description Of the property pur
chased by Tweed, the price paid for it, and
how it was subsequently, disposed Of
It appears that Tweed bought land wherever
he could get it or knew that projected ring
Improvements would advance its value. Judg
ing from tho records, he does not appear te
have realized any great profit from these spec
ulations, owing, no doubt, to the fact that the
frauds were discovered before he could get rid
value therefor. The aggregate amount oil
money appearing on the records as having
been paid by Tweed for real estate since 1864
foot up to the respectable figure of 50, 951, 436.
The total amount recorded as paid back to
him for the property was 81, 9O5, O55. The
following are some specimens OF Tweed spec
ulatlOns in detail.
A plot of land on Twenty first street was
purchased for 5000, 600. In selling this prop
erty Tweed appears to have lost money, for
after the Ring exposure, in disposing Of it to
his son, Richard II. Tweed, the only conside-
ration named in the transfer is ''love and af
lection " and the seventh part of dollar.
Like all of the property recorded in Richard
NJ. Tweed's name, this valuable piece OF
ground has been attached. Another lot on
purchased for 100000, and subsequently
sold by him to his son for the seventh part of
a dollar, together with love and affection.
Thus, at various times since his imprison-
ment, Tweed appears to have given his son
Richard nearly 1000, 900 worth of real es-
tate for 50 and natural love and affection.
In some cases the price at which the prep
erty was sold increased slightly. Thus lot
on Fifth avenue, for which Tweed paid $751;
600 in 1869, was sold to Richard N. Tweed,
in consideration Of his natural love and affec-
ton and 81. The list is q long one, and in
all cases where the property is found to have
been conveyed to Richard NJ. Tweed, it is at
tached to satisfy the Claims in the suits now
HcAUlUHs IL udS UCcu 1Ouuu uCCCoS&1Iy W kO
over the records page by page and trace out
every deed in order to find out whether or
not the property remained in the hands of the
Ring buyers or had been put into other hands
since the civil suits were begun. With the
exception of two instances, Tweed appears to
have made all his purchases OF real estate
alone, and the same in greater part is true
also of the other members of the Ring
In the exceptions are found the names of
Sweeny and Connolly appearing as co-pur-
chasers, with the addition of Hugh Smith
and Thomas Murphy. These five names look
very odd in juxtaposition, and the immense
purchases made and its transfer to these two
las.-named men furnish queer chapter in
this real estate story. No attempt has been
made to ascertain if the persons recorded as
having bought real estate from Tweed since
1871 still hold the same, owing to the fact
that it was difficult to folio " up so many sepa-
rate parcels and lots of land, as they were
Jumped together in deed or
subdivided and re-grouped for the purpose of
sale and transfer. 1t is sufficient, however
10 know just where Tweed placed his money
and what disposition he made of the property
SO acquired when trouble overlook him, and
It became necessary to realize or get it out of
ais hands. CI;ca1O Tribune