, 1881-09-04

sxere no no BRIDGES over the Calumet River be- |
low Chittel1uen's except those of the Fort |
WAYNE and Michigan Southern Railroads. |
which were built Of permanent 4adt plHs, With
could be pussed through with o. great deal of |
labor, The Forsyths evidently felt that the !
growth Of Il city Oh tho Sheffield tract was
very remote for IN 1Sat tney iVatt Soln al Of the
ciutling the piece across the mouth and
about four acres OIL the east side to
Daniel 4. Jones, Charles II; Culbertson,
Ornlel S. llough aud sam 3, Raymond for
divisions on the east siucof the Calumet
River we're laid out, and plans for swinging
the bridges Of the railroads were broachcd.
It was about this time that William Hans
brougll undertook to
MAKE 4 SALE OF FoI.sYTu's TRACT FOR
and. having approached a number of Chicago
gentlemen on the subject, the plan Of taking
III tho entire tract, III connection with the
railroad companies, was lesolveu upon. Hne
the outlet ct Wolf Lake, and the most I'M
portalt land i'll conn cctlon with it. were i'll
other hands, and it became necessary to pur-
chase this from Jones and others before
taking i'll that of Forsyth: ,AG:ordlngly,
well-kllown lawyer uf this city, purchased
ali OF the land III question ut Il price of 500
all acre, and at once began llesot'atlons with
Forsyth for tile pnTcilsaSSe o. ms parcel; 1iav
|
b0ill sides. it was only necessary to purchase
thnt of Forsyth to have control Of the entire
water front. Negotiat1ons were opened with
the late Col. Thomas 4. Scott, then President
of the PENNSYLVANIA Railroad, to take an ILL
terest, with those who were then entleavor-
ing to bring i'll Two new railroads, Ill the cn-
tire Forsyth tract.
it is quite probable. tue purchase would
have been accomplished DnF ior ine entrance
we'll we known by the soubriquet OF ':.Jubl-
| lcc.'' Mr. Smith had been, approached
! by another broker, and at once
became interested-thnt IS to 81 @say, excited.
| lrr connection, and fearing that he would
rive the thing away, and thus initiate prices
| before the purchase could be made, took hlnl
| in rs one Of their number. Unfortunately
| for the scheme, Jubilee"
WOULDN'T STAY SUPPRESSED.
Tine morning ut the Grand Pacific Hotel,
before one Of the gentlemen connected with
| the syndicate was out Of bed, Mr.. Smith and
| others equally enthusiastic went to his room
and opened out on IN, the s41}Gfs tas lay % ear
| by inuuiring what he could 10 with all that
niece Of land after lie got it. Tie gentleman
occupying tile room rose from his bed, and,
with 4 penci! and the ctlge OF sheet Tor i i
ruler, laid out the Baltimore L. Ohio Rail
road about Il mile and u half from the Pitts
burg l. Fort Wayne track, marked out
the Baltimore s. Ohio shops on one
road and the, Pennsylvani. -, shops Of on
vicinity So rs to make i crossing, laid out the
| section in ten lots to the acre, making t4,oVo
lots i'll all, and sold thcm>on piper TOR S:sVo
| apiece. From that minute Henry II. Smith
was wild. Here wts Il schcme to realize
Si3 500. .0OO. and lie was uncomfortable. Ull-
willing to wait u moment hc drove down to
nee tie Forsytlls, told them all the 1nasnlil.
cent scheme III view, and, H. IL the e. course ol
time, agreed to pay them S6oop e ior tnell
1T per cent per ann11ul. aud half of all the
urotits that might be realized. Tho deeds
were drawn UP aud put IN the hands 81 John
G. Ilaincs. President OF te Fidelity oxts ,,,t;
anE co The lie ?ahef afercss sen;sst @ ths
division of the profits. backed sl1are
out Of the deal. Smith got p +.
Allen TO pay the $a5o0: anl W; w., "; y;
Boyngto:; the archltect 70 aoyallee t., ! su ~
There was !, regular Jubilee" rllsll about i
fur Il time, but ultimately the property .al
fell back into the hands OF jacob Forsytll
the outlet Of Wolf Lake, and extending frol1 M
Wolf Lake west to the Indiana State line
''Jubilce
| COULDN'T CARRY OUT THE scuEME.
Itwas an unbalanced arrangement In tht
outset, and he couldn't get backing el'ontsi ~:
into it to make ita go. Col' 2cote 1 u ny,.i o,li
,, vania and Baltimore Il Ohio, refused to TAX
any part in the scheme, and so 1t was hh;all.
, dropped.
Then came another funny chapter in I'll
histofy fofsyth ;SH1 hS was II h Tn1 thr iu IL the ei M
future, but just then he had more lanu ina
llc had ntoney-the very opposit is tue cas 81;
uow-and lie wanted some Of tho latter. IN
good things Of t',s WoIld seem 10 ad nn sG!,l, Fn
syth began cuttselins his brains to see l'o'
!, lie could equalize them in his particu!Ia