The sun. [volume] (New York [N.Y.]) 1833-1916, 1877-12-26
GOV. HAlES'S SPECULATION.
prpsTTvG or 4 REiL EsTfTE METEOR
OJIR TIfE FAILS .fDES.
a, old o,ucrmmn sights the Meteor-u How
the tnpi,aiists Went for it-Thousand Dot
,n- Niiis Flying III the Air-Now Men
,h..ed Each O.hcr Through the Courts.


chased Each Other Through the Courts.
sr.rNI1i. Rockland Co., n. Y. Dec. "a
r,e story ol Ruckmai. the old FISHERMAN. con-
c.rrfng ton acres cf land on the Palisades
owned ~ one Il. y. Hayes Of Washington. is
r, mtr -tin-. But there are two sides to-
~y story and the most interesting side of
r.- OnD il yet to DO told. Mr.. Ruckman's
straightforward account OF his purchase and
.lro. toe 1000 acres was very good 80 far AZ It
went. Mt it larkcd detail. and the details are SO
r.nilgt they should not have been forgotten
Thrwlplc transaction is remarkable exam
,.oflrreal estate hallucinaton which spread
,yer the country during the last ten years. This
region r. sprrklcd with cntorprsing villages.
Tasl.WD.d being the most important. 1t has
been the centre of one Of the most astonishing
PEAL c-tna spcculations on record. and 50 fur ms
lam able. propose to give you its history.
TAruI FISHERMAN told you that he had had
lscyc on the palisadr tract for years. and that
/. began laying it in 1886. He says that 1t cost
him. TO- luline interest and improvements. an
average Of $50 per acre He decided it to Ben
trlu W. King. a druEgis, of your city. ON Jan.
T. 1913. Tor s27j per acre. The particulars Of
i- sale were 80 amusing 1t Is strange that he
q not mention them.
lfmy memory serves me. 4, WIS in May. 1868.
rat Mr. Ruckman agreed TO sell the plot 10 DIR.
kns. Real estate In Englcwood and vicinity
hal boon dull and was taking n fresh start on
an upward Grade. Kings offer of s2I5 per acre
Wis such an advance upon the price paid by the
od oystornan that the latter jumped at it with
'ut hesitation. 1t was understood that he was
g. meet DR. King ia Jersey city on day spcci-
i'l IN the contract and receive the first pay
r'ut Before that day arrived. however. land
n ruglcwood and other towns had reached
s..n high f.ur'- that ncnrly everybody de-
,r'd ia" venerable old sailor had been duped.
o. Boo would not have offered 20 sell 80 cheap.
Il fortunately happened that he understood the
I.yu.-u' WIS to hc made ON the day in question
Nh'. own hoUs" in Tappan. about thirty-nve
n..s from Jersey C.ty. So like an honest.
v .u'auiu. man. he stayed home all day.
asN,l-N awaiting Kings arrival with the
i.un. lgekiiy he had witnesses in abund-
in.rtN prove ne was there. Kins. too weak to
ur.. fhe whole financial load. let in few
sui the party spent the day in Jersey
60 wtu 3D. pile 90 thoU-dnd-doar bills expect
N-f4r suiI rsa old oys;'rman on each train.
y -- n-.r- We're repeatedly sent to the depot
Co. nle' .uj conduit HIN to tie rendezvous.
o.. -.l Sc rt ,wu, stnrs iwinklcd in the sky.
t.4 N -a-' . ITS u N"l'I over the pave
i'- t",I or-trrmau sat IN his mod -
l..rI H.r't- W.rlN into the starlight await
.a. Nr' SO II. @ut th" druggist sat in an
N'It'. starring Iut" TIA" Easilglt.
...t... f.n....l uv~t rrnu. Both JAILED Ia az
U.H NH '|uf. table psl-0I- have iu-iu-
u.t i...I .'urhman sta, 40 nome was merely
'. i Hd io' ~ .rmhnrr oi ~ con;
-....,t tariNrss of the Eht Odd OYSTER
l4' 81 1904 for moment haruor sucn
A-,H aoa vAad not boon pail at the -poci-
.i u H's' od -af -ulpo- al the con-
'"t N.f / 80. Nr W. Ht liberty to - into
ul. ,'i au S"A the 5000 a'rrs at much
a .4Nnr tw alt. rWard hr started
NN ety. lo-- oily with the hope of
ta- HH ir ~n ru-toui'r But the King
trI pl l.- movements and formed an
tr y iht tram ntored the Jersey