The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1878-04-06
MONMOUTH PARK SOLD.
THE TRACK PURCHASED BY MR.. D. D. wITHERs
FOR $57, 900 ON BEHALF OF MEABEns OF


FOR $57, 900 ON BEHALF OF MEMBEns OF
THE AMERICAN JOCKEY CLUB
Monmouth Park race course sold al public auc-
ton at Freehold, N. j., yesterday Afternoon,
purchased Dy Mr. d. d Winners, of New York, Tor
s57,ls6 For the past or eight years track
was run by the Monmouth PARK Association under
the direct management of John Chamberlain but as
the latter became involved in financial difficulties ne
had TO let the foreclosure take It's course and
will doubtless now feel glad that II has passed
into the hands Of a gentleman who will keep
up tho racing In the most liberal style The
property was purchased in 1870 by the Monmouth
Park Association Tor $35 from Burwell r. Hulick,
who bought 1t in 1866 from George A. Corliss for
$2400 Alter IL became The property Of tho iattcr
gentleman It was leased by John J. Wheeler and
turned into q halfmie uottipg track. There was
some good trot,ing this track between 1866 and
1870, and there Lady Augusta. ropsey and other we'll
known horses OF that time made good private
record. Mr.. Wheeler held q trotting meeting there
in 1870 after the opening running races II had
Deem changed into mile track, and Goldsmith Maid,
George Wilkes, Big Mary and other CRACKS put in an
appearance.
The foreclosure suit under which the sale made
was broughs by Cr. Benjamin. Bailey, OF fourteenth
street, New York, on two mortgages for $4,000 and
$3.50 respectively. The suit was begun last year
aud opposed by Mr. w. @. Ellis the nominal owner OF
the property, on the ground OF usury Testimony
was taken both sides and on January ~ 1878,
Chancellor unyon made the decree ordering the sale
Of the PREMISES The amount Of the
S. $50 ~ with interest costs, ana the sale
uxed tor April g. 1878 Tue next mortgage the
property was Tor 50. ooo held BY w. q, Chamberlain,
another party. Then came the 0,OO0 mortgage held
by The ocsrs Bank, oi New YORK. and lastly 81 Ou0
mortgage made by the parties VINO gave tho rotting
meelIn. last summer. This maze the entire clam
the properly about $3.50
Tax AUCTION sALE YESTERDAY.
The sale was ncd yestei day In the hallway outside
the SheriGs Office IN the Freehold Court House. and
was attended by Few gentlemen lrom Now York
surrounding country. Among those present were
No u. d. Wnhers Dr. Arthur Conover. or Long
Branch; Mr. Perry, Mr. Lloyd, Mr.. White, President
OF the Grocers' Bank; Mr.. J. J. Anderson, Mr. RAN
dali, ex-SheriG HcpdricKson ana others shortly
read tho description Of toe properly, which he iol-
lowed with me terms Of the sale. They were
twenty per e,,v cent q IN easn ns.os ana inc bal
lore May 3, 1873 Mr. Edward @ Kcasbcy,
Newark, solicitor for Dr.. Benjamin Bailey. then
that the sale would be maae subject the
foreclosure Of $4,000 mortgage, wnioh, with inter-
est amounted 81, t4l. These preimin aries
beng satisfactorily arranged Assistant Sheriff Carson
offered Inc property Tor sale Mr.. Kessbey opened
The 0all with bid Of $6.0O0 which was followed by
$500 from Mr. Wanera Mr.. Kcasbey then raised
HIM $500 and Mr. Wiihers saw tho raise and went
So 00e Dettcr making 1900 IN the pot Mr. keasoey
alter some collaboration added $3.50 and Ar. Wthers
near his top figures us bis next effort was 50, 22S
which brought 81 RAISE from Mr.. Wtners. Everybody
now thought the Sale was 0vor, out mysterious
locking stranger clipped IN with 50 500, and every
BODY look good look at this new candidate Tor tho
ownership OF the pork. Mr. Wnhers, determined
be bund raised back S. and then the offered
50, G00 s. moro from Mr.. Wlthers brought out bid
vi ~ 650 from the new conner, and Mr. Withers fol
low $9655 The stranger thon bid 50, TOO.
us Nit. Wthsrs answered with ~, 7O5 Mr. koasDcy be-
gan 10 show little uneastness and calling out tho
iveIy bidder he was interviewed IN regard to his
al 81 e 0videptlv ko hand
NJ he laid II down aud withdrew his last bid.
wIrHERs THE PURCHASER.
The auctionecr, alter about minutes delay,
knocked down the properly ~ Mr. Wishers Ior
S9,6J5 The mysterious bidder gave his name as b.
l. Biackford, but II WAS not discoversdtn whose
ers 10 the ghporhood $751; 100. He gave a check
Tor the amount OF his btd ~, $50, aud will settle
the $40, 900 mortgage soon tho dceds ready
TO denver. Tho Grocers' Bank mortgage OF So 000
and The 81, 900 mortgage made by the trotting men
are lett out in the colu, aud there Will only Do lew
mortgage that rs said 10 have been sold TO ". II.
Chamberlain.
Everybody appeared 10 DO delighted that the prop
crty Ead been purchased by Mr.. Witners, NJ that .
was a guarantee that the Long Branch races would
not be givon up Alter the sale Mr.. Withers stated
q. l.. Lorisrd, George Peabody Wstmore,
Aagust Belmont aud himself IL 10 the intention Of
these gentlemen to keep up running racing N on
mouth Park, and In all probability the first meeting
will commence Saturday, jane 20. aud continue
on Tuesday, July 2 Thursday, July 4 ana Saturday,
INTO the hands Of such well known patrons OF The
turf Will greatly add 10 the success OF the meetng
II will establish confidence and DO guarantee to all
race horse owners Of brilliant meetIug