Morning journal and courier., 1886-04-09
IT BRINGS $45,1OO.


 The Sale of the Third Church Prop erty Yesterday-Mr. RowdItch Buys It-WilI TransfOrm 1e Into Busf- ness Block With Stores.
 About 800 people witnessed the auction sale of the old Third church property, on Church street, yesterday. Auctioneer B. c. Lake at II o'clock mounted the rostrum and stated the terms to be 10 per cent. down in cash, 40 per cent. in sixty days at delivery of deed and the remainder might lay on mortgage if desired at per cent. The property WAS described,- 9Ox10 feet front and 15S feet deep and no one had ever ap- praised the lot at less than $75O a front foot at which figure the lot was worth $67, 800 without the church edi6ee upon it. The bider was MT. Wm. A. Ives, of West Chapel street, bid of $45, ,000 and the auctioneer's vest pocket contained the check of MT. Ives for one-tenth the amount-as the earnest money. The auctioneer waited, but no other bid came, then he talked some more and eloquently extolled the bargain pending. Still no bid. But MT. Edwin B. Bowditck was holding quiet undertone con- versation with Mr. Wm. A. Ives. MT. Bow ditch inquired in neighborly fashion of MT. Ives if he specially desired the property for any specific purpose, or would he be willing to allow a higher bid to take it2 MT. Ives said no; his heart was not set upon having it, and inquired of MT. Bowditch in return if he wanted it seriously for any thing. Mir. Bowditch said he had no wish to conflict with MT. Ives plans in the case, and MT. Ives said he had no wish to defeat any project of MT. Bowditch's and had bid to help the society to sell it. MT. Bowditch said if he purchased the property he intended to alter it over into business block with stores underneath Mr. Ives said he had no objection. This ter minated the interview between these two of our highly esteemed townsmen and then MT. Bowditch bid $45, 100 and the auctioneer with redoubled vigor and stentorian tones urged and encouraged the group of moneyed men before him to brace up, but it was of no use and the property went to MT. Bowditch for $45, 100.
 The price paid was paid for the land chief ly as it was understood from builders that the heavy stone of which the church edifce is built would have to be carted away. MT. Bowditch's purchase was considered very judicious one, the land being estimated at as the auctioneer said-abeut $67, 900. The property is mortgaged to the New Haven Savings bank for $25, ,000.
 Just before the sale Real Estate Agent Webb, who has charge of the property, building showing stores the ground floor and offices overhead. It explained that for the sum of $50, 900 the old stone church could be altered over to make the splendid stores and offices as shown in the plan. Among those present at the sale were:
 Elihu Mix, Thomas R. Trowbridge, jr., E. O. Beecher, Professor W. K. Townsend, | William Franklin, Justus s. Hotchkiss, E. 1 s. Kimberly, F. A. Gilbert, John Bright, | G. I. Gilbert, A. H. Kellam, F. H. Waldron, Hugh Daley, Postmaster
 English, P. s. Bennett, Talcott H. Russell, l George A. Dickerman, William H. Beecher, John G. North, Fred. B. Farnsworth, T. Att
 water Barnes, Julius Tyler, Philip Pond,
 L. B. Hinman, John L. Disbrow, F. B. Nal l lory, Charles A. Warren, Thomas R. Bacon,
 James G. English, George Townsend
 Cornelius Pierpont, James Reynolds, Milius
 Frank, Samuel A. Stevens, Walter B. Law, w. H. Moseley, Louis Feldman, J. A. Rich
 ardson, Franklin s. Bradley, Eli Mix and E. | D. Hendee.
 The Masonic fraternity short time age
 offered $50, 900 for the property, they to pay
 $1 900 down and to be allowed the option ot
 taking possession September 1st next or
 withdrawing and forfeiting the $1,0Oo. The
 offer was not taken,