New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1886-08-08
BALTIMORE AND ono TERMINUS.
IsIrro BE AZ GREENvILLE, N il

LARGE PURCHASES OF LAND MADE THERE-wHAT
EEAsrUs wIMAN SAYS.
No official confirmation or denial could be
detained yesterday of the report that agent of the
Baltimore and Olio Railroad Company has recently
been buying land at Grecnvlie. " j.. Tor terminus
when road is ready to be opened which, the iehs
OF the company say will not be before next year IheIe
Is officer The city qualified to confirm or deny the
story In Wall Street the general opinion OF those VINO
ought To well Informed that there was no truth
IN reports If any foundation existed Tor theh' IL
meant simply some scheme collateral TO the eeherai
plan OF using Island tns eventual terminus OF
the road. Tue Baltimore and ONO .u'ranees lie pohus
OF the staten Island Railroad Company. and its facilities
AT s.. George great that no other point on Ne"'
York Bay could he acquired By the Baltimore aud ONO
without An expense that would practically prohibit the
investment.
The facts about the purchase OF land IN New-Ierscy
said to for the Baltimore and ONO terminus are as
follows: About "a year aud a h"it ago 'h'r'cs %
Peshall, NcwYork lawyer, bought house ana o' III
Greenville and announced his intention oil brcom hg
pernaneut resident Greenvlle Is u portion oil inc
jersey ly municipality lying south OF the city proper anu
extending from the Newark To the New'l or" Day ''
Peshall soon his attention opuDAc aHr'
and his energetic method Of dealing with questions affect
n the interests OF the city him the reputation OF
being pubhc-spirited citizen who would be v"uao'
ACQUISITION to the community. He organized IN" New
Jersey Kennel Club and was made us pies'"'h'' ana
recently when ali attempt was made 10 nave" snug
ging match" a sktus-rnk near ms no ne protector
vigorously against permitting gang OF "roushs from
New Ork TO invade the quiet and orierly OfcehVe.
a few months after his coming 10 the
pace Mr. Peshan indirectly gave people 10 under
stand that he wealthy AMI that no lntchdei
Ike some permanent !nvesincns III real estate III
Crecnvile. lie could amy see that the place WAS
gowng and that property must necessarily increase III
value. OF tbs hrs purchases he male was tract
OF land Of twelve acres fronting Newark Bay. near
the mouth OF the HackensacK River. AMI known a.
Dryers Point. The property belonged To eNM"yor
Charles slealer After some months Mr. fcshaI hcIo'
,aed for and purchased the Howe estate, consisting OF
sixty lots exendin, west from B'rten-Ave
Another interval elapsed aud then Mr. Pc
shall pongnt sevcnty-eight los OF the Nreelhnd
estate adjOin NJ the Howe property and running east
from Ber.en-av, to Oceanave The scene OF operations
vas transferred back 10 the Sew TX bay shvre "h'fr
Mr. Pr,hal bought tract OF 100 acres, also belonging
To the siedle estate and lying between D"lrT. f"ht
ground. pelongne to H. d. Wan Nostrand next ATTRACTED
Mr. Pesnalfs fancy All hr purchase them presumably
for his own occupancy, as the honsr he h"d oIis"b
bought was compafativey small Inc Armstrong e.. Ito
bought ana that mad Mr.. fcsha acquisitions
extend a continuous line from tnr Newark Bay To The
Morris Canal. 1900 feet EAst Of The Morris cana
NV OK ns1 ,' vrs sm'o, "' ana
do, buffers have been working for about i've years
IL was supposed that the Work Was being done
mon Ih. Baltimore ana ono a. the company. hut II
seems tnat Morris Cummings were them-"Vcs the
owmrrs They asked ~ 10000 for tho property, bat
nn,lly consented to take SjO1OpD for 1900
feet lying east OF CaIan Point, ana the
made con linuous from shore To shore between tue
Newark and New-York bays, aud then 1t hegan to he
that the property was all bou-h foI the Baltimore
and OHIO Railroad Company. me entire cot Is put
GS grIn Al f v.rts IN wdi al iiercl, iont.
Mr. Pesla was asked yesterday II IT WAS true that
and ONO Company IN Joking way lie sad tna tne
Mayor OF Newark had commissioned MIN To buy IL Tor
cpase' have been paced on aec",d III ,ns ''u" m1S
trr's Office except 'wo oi tne ,naer ONES, ~ Is, Is "