, 1879-06-06
FOUNDING A. SETTLEMENT.
james Gortion Tcnnctt's Largo Purchase In
tho sawlnlIi 1tiver Valley.
Van fnrE Nm,

James Gordon 1scnuctt.s Largo Purchase in
tho sawlnlIi 1ltvor Valley.
4Fttc FORK is.n.
Among proncrty.owners In md pcnr Yonkcrs
there is excitement ut tho prospect of rlse In
rea! estate us soon rs tho New York City e
Northern 1saiIroad Qlato tho Boston Il Montreal
ltallroad} and the Yonkcrs RApid-T'Elns!t Iail-
Wny nEe In running ordrr.
The SawmIl Krcr Valley has bccu almost en-
ilrcly neglected hy capltnllstB anu spccuators
for many ycars, but 1t il uow believed that terc
will he considerable interest tit The plans pro-
posed for Improving tho yaluo Ut tho land. Al
really large lots Vi lanh hnvo changed hands.
The must Important transactions were recorded
In the REGISTERS Office lust week, 1ul by them
Mr.. Jasnea Gortlon Bennett gets possess
sion OF lAlf Interest fn ,0t5 acres Of land be-
twccn Yonkcrs mil Wilinmslrigc, moth OF
Jerome park. Following the ortter til which
tf1s deeds wero recorded, Mr. Leonard W.
est III the l,I03 aercs to Mr. Wtilai Il. Traycrs,
ilc consideration named botnE S97, ,TsI4i, sutl-
jcet to l,lortgaEe nlaLc to ME. john b Trevor
on Nns. q, 1871, for $s0o,ooa. then NJ. Ieon-
ar.l " .Jcronu nt.I wifs Eayp deul Of sl.,ar-
ter !atcscsttn III the lUis acres to Mr. Jasnus t;ar-
don Denncts. the consideration IotnE $s9.Ji7.lS.
In ti1ut tlIctl Mr. Bennett assullcs the payIleIt
of $s5,00o Of tla Tsuvos mos.gmse. Sul,so-
qlie1tly Mr. Trayets transferred to Atr. Bennett
"
The latnl Is descrlbe us that formerly belonging
to Wllia,l, ". Tweed a,Wl s.et,,,nrh W. .Iersns,
mud k'lown IL TUG Valley Farms: 1t forms Ii
part of nnc OF the prctticst regions Of Vest
chester County. Three broati roasls extcna trom
Yonksss through ss, n,t! VIC Eroton A,luelnct
lor,ns u rldgn ulouG thu. side Of ,l!c ,gh
land On tile csst side. IN sn!ne parts the
!a'a Is rough HM' n:ca!tssated, bus on tho
east slope ct the high AIl OH tin west arc Hev
era! neat tasn,-ho,sss aHtl sWms"er residences
surrounded by rlct folds and bright green
pastures AND lawns. 'f!so ya!!sy Farms wsse
p,lrctsase,i tIy Mr., JtrnH,c unl TWectt wl1en the
latter WIS NJ Ms ht!"t of Ais popularity. When
Tweed escaped frott thu LUDLOW Street Jail hIa
purchase licar funkera WINS remembered unl
DETECTIVES tried to tmt MM III solsae ot his
houscs OIL aud near tlle la',tl.
Whist Mr- AeHnutt intends to do With this
lanI IL not fully known, hut ono Of Ills repre-
sentAstycs said that ha wtll hoon contract tor II
larga number Of buildings to bo erected, md
tAt III time ha expects - have 4, go housas OH
lhe ln1id. 1t Ia said In fonkers that It IL pro.
noscd to erect h0uscs Oh lots with more thn!t
Witty feet tronta.e. that cuM be rented Tor from
$l.eD0 to 32300l u year, u,Ml perhaps upward. uu
ths tnssallsMent plan. VIII, tbs Harlem Rail-
roatl On tbs cast, tho Nuw York City Il North
erts Railroad In il,s eentre, mst ,f,u Yonkvra
Nan4 Trunsls Railway ull tho Hudson River
l!nllroa1 On th9 west, Ms. lsennett's setstesnent
ci be reachetl easily alNl frequently. It Is also
ntaF tho site selected I0r NOW Reservoir for
Tho Csoson water. Helt,tv going 10 Europa
MI. Bennett gays ono OF hts lawyers full pow
ev Ut attoss'ay, but he Ia expected hero thta
month 10 look utter thu transactions.