Pittsburg dispatch. [volume] (Pittsburg [Pa.]) 1880-1923, 1890-06-26
The Law ms II IL Applied.

Decisions Of interest to local contractors,
| builders and mechanics have recently been rem
dered by courts of last resort in three States.
The Supreme Court Of New Jersey held that
where one builds party wall under city
ordinance authorizing and regulating city
walls, he cannot claim the benefit Of such ordi-
nance unless the wall is of the thickness re-
quired by the ordinance. and otherwise con-
forms to it. and is without openings.
In q suit for damages for delay in building
contract, the highest court of Minnesota handed
down the following: In case of a contract to
deliver materials to be used in the construction
of building in order to charge the seller with
loss Of rents arising from his failure to deliver
such materials within the time limited by the
contract the contract must have been made
under such circumstances, and upon such q
state of facts that it may be reasonably sup
posed to have been contemplated by the parties,
when making the contract that such loss would
follow its breach and hence that the seller con-
sented to become liable for it. and such facts
and circumstances IL relied on must be pleaded
and proved. Where contract is silent as to
the time of performance. reasonable time is
intended, and If it is in writing, proof of an
oral agreement variant from that presumption
will not be admitted.
In q case involving mechanics lien, the Su-
the statute requires that statement for a me-
chanics lien for labor performed or materials
furnished under an entire contract which in
cludes both labor and materials at an entire
price, shall specify the contract price, the num-
Der of days of labor performed or furnished,
and the value of the same, statement which
shows that the labor was furnished under a
contract, and which states the number of days
of labor and the value of the labor and the
contract price therefor, or which states the
materials furnished and the value and contract
price therefor, is not sufficient, as it does not
show the contract price of the entire work.
Business News and Gossip.
Ground has been broken on the railroad be-
tween Williamsburg and Edgewood by Stewart
q Hamnett for several fine dwellings, to be fn-
ished this season.
Business and hustle in the suburbs show that
they are filling up with people. A great deal
of land unimproved year or two ago is now
covered with houses. Fine stores are spring
ing up in all directions and heading to further
development
John N. oakley-Business is very active for
the season. with everything favorable for the
continuance of good times There is q great
deal of home and foreign capital seeking in
vestment, showing that the financial situation
is easy. Pittsburg is enjoying a large measure
of prosperity which is more likely to increase
than diminish. Business is on such solid ba-
sis that it would require something extraordi-
nary to shake it.
Thirty mortgages were on the list yesterday,
the largest being tor $500 The next largest
was for 81, 00O Eight were for purchase money.
Property on Fifth avenue beyond Soho street
ranges from SIS up to Sl50 foot front There
are some fine building sites for sale there at
the inside figure. If the present rate of i'm
provement be maintained this district will soon
be built up.
The Turtle Creek Valley Railroad is being
pushed with vigor. The work of cham ging the
bed of the creek at Brinton is almost COM
pleted, and about two-thirds of the roadbed
between Turtle Creek and Brinton is ready for
the rails.
Henry NJ. Long sold so shares of Pleasant
Valley Railroad stock at 291<
1t was learned yesterday that a newspaper
man, on Fifth avenue, is having plans prepared
for several handsome residences in Oakland.
The estimated cost Of grounds and buildings
approxlmates $4,000; but this is from an out
side source, and may be below the mark.
Well-posted brokers say the country is on the
eve of bull movement In bonds. The feeling
in Wall street favors this opinion.
Appllcaion uas ueen maue LOT national
bank at Darby, Pa, by W. L Verlinden and
others.
Railroad earnings: St. Louis and Texas,
third week in June, increase, Sl2, lSO. Wheel
ing and Lake Erie, third week in June, in
crease, S,060-an increase of A per cent over
last year. Canadian Pacific. third week in
June, increase. $500 st. Paul, third week in
June, decrease, S24.7Sa
Movements In Real Estate.