The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1875-04-15
A BIG CORNER ON BROADWAY
Purchase of Suburban Land on the Old
BIoomingdale Road
FATHER SELLING TO SON.
"F0r Natural Love and Affection and the
Thirteenth Part of Dollar"

The recent release OF James Il. Ingersoil the
Tammany chairmaker, by pardon from Gov
ernor Tilden. and the preparations by counsel for
reopening civil suits the part OF the people
against the members OF the old Ring. mas given a
fresh interest to the question, chow did they In
vest their money ?" We propose TO throw some
light this suhiectat least far real estate In
this city is concerned-and Tor that purpose have
had the records examined and thoroughly siited.
simple transcript OF the entries on the books
touching the real estate transactions OF the Ring
would not give the reader any accurate or COM
prenensIve idea OF the scope OF these operations.
1t was therefore found necessary TO go over the
records page by page and trace out every deed in
order to ma whether or not the property re-
NAMED In the hands OF the Ring buyers or had
been put into other hands since tue civil suits
were begun. To-day we present the
REAL ESTATE OPERATIONS OF WILLIAM NJ. TWEED,
from January /, 1894 up TO the present time. with
fill descriptions OF the property purchased, the
price paid Tor IL and how 1t was subsequently dis
posed Of The reader will IND that Tweed bought
land wherever he could get IL or knew that pro-
jected Ring 'Improvementsn would advance Its
value. Judging rom the records he does not APP
pear 20 have realized any great profit from these
speculations, owing, douot to the fact that The
frauds were discovered before he could get rio or
his purchases to buyers willing 20 pay full value
therefor.
The facts given herewith are not only interest
ing bus important In view OF tie present condl-
tion oil the prosecution OF the civil suit against
Tweed, and they WIN, doubt, afrord our readers
\ clearer idea OF the Ring operations than any
thing yet published regarding them.
With the exception OF two instances Tweed APP
pears to have made an his purchases or real
An n erna
also Of the other members OF the Ring, Will be
shown hereafter. In the exceptions alluded to
we lind the names OF Sweeney and Connolly APP
bearing as copurchasers, with tue addition OF
huga smith and Thomas Murphy. These i've
names look very odd In Juxtaposition, and the I'M
mense purchase made and Its transfer these
two last named men furnishes a queer chapter in
this real estate story.
No attempt has been made to ascertain II the
persons recorded as having bought real estate
from Tweed since 1871 stu hold the same, owing
to the TACT that 1: was diricut 70 follow mp SO
many separate parcels and lots OF lands, as they
were subsequently Jumped together in deeds or
subdivlced and regrouped for the purpose OF sale
and transfer. IL will suf1ce. however, for the
general reader TO know just where Tweed placed
his money and what disposition he made or the
property so acquired wnen trouble overlook him
and it became necessary to realize or get 1t out
OF mis- hands.
The system observed In describing the records
OF transfers has been made 50 clear and compre.
heuslve that no explanation is mere deemed
necessary. Facts widely separated have been
brought together In order to give the
reader, at a glance, complete record or
the entire transactions OF purchase and
sale, and note Is also made when the parcel OF
land described has been attached by the Sherin.
Transfers OF property, when iound In one book and
placed opposite another, give a new phase 10 the
transaction; therefore tue facts IN this article
cannot Iail 10 afford interesting reading to thou
sands, VINO otherwise would not know how the
matter stands.
In describing the transfer OF property from
william NJ. Tweed and vile TO Richard NJ. Tweed,
certain fractional parts OF a dollar frequently
mentioned. IN each case the explanation is that
either seven or tnrteen OF the original parcels
or lots were transferred In bulk, aud In the same
deed. Thus Tweed gave his son nearly $1,000, 600
worth oil real estate Tor 81 and natural love and
Affection"
The aggregate amount OF money appearing on
the records as having been paid by Tweed Tor this
real estate foots up to the respectable figure OF
s2,o5l,436 The total amount recorded as paid
back 10 him Tor the property was 81, eO5,055 90.
we now proceed 10 consider weeds specuations
In detail.
The FIRST transaction we Ind as being made BY
william NJ. Tweed as purchaser was in the early
part OF 1864, which transaction may be described
as follows:-
BoUGnr.-Charies G. Cornell ana wife and
Tere ce Farley and vile 70 William NJ. Tweed
The Undivided two-thild part Of lot southeast cor
ner OF Sfxty-tblrd stree ana Third avenue 1O5x505
feet. Deed dated March -, 1864; recorded March
81, 1864. Consideration, 500.
Following up the record we find that this prop
erty was transferred in 1871, as ollows:-
SOLD William NJ. Tweed and vile TO Richard M.
TWeed.-Iot northeast corner Oh lhird avenue
and Slxty-third street, l05x5O.5 leet. Deed dated
November "a, 1871; recorded January 4, 1871
Consideration. natural love ana aneetion ana the
seventh part oil a DOLLAR
This piece Of property is among those lots re-
Gently attached and delivered to the sheriff for
execution under the warrant granted on the 9th
inst.
NUMBER Two.
The second purchase OF real estate was also
made IN 1854, iollows:-
BoUGHT.-Charles g. Cornell and wife and
Terrence Farley and vile TO William M. Tweed
The UNDIVIDED tw0-tnlrd part O1 lot, northwest
corner o. Rilty-nlnth street and avenue a, 25lA
eee by lOc.G eet. Deed dated Marcn % 1864;
recorded March 81, 1854. Consideration, 500.
This lot was sold by william NJ Tweed and wife
70 James Stokes under deed dated March Is, 1856,
win three other city lots parcels, as follows:-
SOLD-Wtam M Tweed aud wife 10 James
StOkes.-P0t southeast corner OF FiltY.nlnth
street and avenue A, t006XlO0.5 feet. Deed dated
March 70, 1866 recorded March ~, 1865. Probable
consideration, 81, 600.
The reason Tor using the word "probablen Ia be-