The New York herald., 1877-10-03
RING RESTITUTION.
FORECLOSURE SALE OF PORTION OF PETER b.
swEENY's AND HUGH sMITn's ESTATES ron
Tur pENrFur nE THE crTy

FORECLOSURE SALE OF A PORTION OF PETER u.
swEENYs AND HUGH sMITn's ESTATES FOE
THE BENEFIT OF THE CITY.
The announcement OF the sale under foreclosure
mortgages, Tor the benefit OF the City Treasury ofs
portion Of the estate oi Peter b. Swceny, held
jointly with Hugh Smith, attracted quite . largo at
tendance AT tho Exchange Salcsroom, trinity BGild
ing, yesterday at noon. Among the number present
were James rneIan, the California millionaire; h. s
higgings the carpet dealer cxChamberlain Bradley,
son-in-law OF Sweeny Johu Murphy, the brick
maker, and others The bidding was confined TO .
lew, and was not active Tho conditions oi the sale
were ten per cont casn. The following Is = list o tho
property sold aud the prices rcaIized:-
Tho plot of land lUj 25xys yxlll tho east side
OF Broadway, beginning ut the southeast corner Of
Thirty street. wth buildings thereon, was sold
to N. Haywood for $500. .OC0
The plot OF land 1UL Ix12a 5xgS.gx161 on the east
SIDE o Broadway, beginning at the northeast corner
OF Fhrtythird street with stores thereon, was sold 70
John Murphy for x257 0U0
The above parcels of property jointly subject
to mortgage TO the Mutual Lilo Insurance Compspy,
which has agreed TO apportion the amount thereof 50
that each parcel VIII be subject 10 mortgage vi
$ls0 coo, at seven per cent.
No. 53 West Thirty third street, four story high
sto0p brown house and lot, 25xC0x9S sold
TO John Murphy for SIS o0o subject 70 mortgage Of
$4,000
No. l4o West Thirty. fourth street, south side $50
feet OF seventh avenue, four story brown stono
house ami lot 25x9ss, was sold to J. Manning for
s21. 500.
No u East sixty eighth street. near Fourth avenue,
four story brown stone house aud lot, was sold 10 L.
1oplz for x2I,zjO.
No 81 East slxty-cahth street, four story brown
stone house and lot, 25xio0 was sold to shefin Ber.
nard Reilly tor $27ooo subject to s2i0Oo mortgage
Tho plot OF land, 10Vxl2o tue northeast Of
Lexington avenue und seventy iourlh street, sold
TOD. Murphy, Tor SIS, 2UO
Tho plo. OF land IG5xio2.2 on the northeast corner
OF Lexington avenue aud seventy. .lourtn street, was
Sold TO Jonn Murphy Ior si2 7ju
Tho house No II East Sky eighth street Subject to
mortgage oil S2j,UOU was lot sold the four
lots on the ror.n sde Of Seventy fourth street. los ess
wost oi Lcxinaton avenue.
The properly sold Is under leases expiring on the
ist OF May next except the unnprovcd properly. 4
good title In loo simple and a good warranty deod
gvcn on payment oil tho ten per cent required BY the
terms oi sale.
HISTORY OF Tux PROPERTY.
Tue broadway property WAS placed IN the market
IN IsOs y. Pixe WIS IN ncgotialion for u Tor the
purpose Of erscting magnificent opera house, for
winch the location Is admirably adapted, when Peter
b swccny bought, n ha'f interest bcins taken BY
Hugh smith On tins property thcro is q mortgage
o ABOUT $500, 900 No. lao West street
The residence of cx-City Chamberlain aud ex-senator
John j. Bradley. II Is nm ccgant and costly mansion,
tao turkish bath attachment having xl2 600
Tue East sxtyeighth street property IS portion OF
large plot that was jointly owned by Tweed Sweeuy
Counoliy aud Hugo smith and ex-ColIcctor Of the
Port Thomas Murphy. Tho properly was bought in
1869, ana was subsequently, sold to Johu G. rhomp.
son at a large advance, and q building loan made him
ior the constructions OF a number OF brown stone
houses fne contract was iulned, but the panic and
tho crash came prices went down, the building
cages were iorecloscd, nnu large part OF
iho property tell again into tho hands
oil tho original owners Sweeny and Smith
took these three houses US their share The Iexinp
ton avenue property was bought 1868, lust before
The avenue was ordered TO 90 cut through. IL has
been stated iha, CERTAIN parties Ia the Ring obtained
was 10 be the case and realized largo award OF dam
ages from the city.
Agx rnE sALgs GENUINE?
"Do you think the sales are bond Jids and genuine y
| aakcd the HERALD reporter OF the auctioneer.
Il eau better answer that qusston,n was the reply
when the ten per csut 10 paid N"