New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1893-11-02
REAL ESTATE SALES ACTIVE.
A GOOD AUCTION AND RENTAL MARKET.
TERMS OF THE REORGANIZATION OF THE YUES'-
LING BREWING CoMpANY-HoTEL CASA

TERMS OF THE REORGANIZATION OF THE YUES'-
LING BREWING CoMPANY-HoTEL CASA
ALAMEDA TO BE DISPOSED OF
rbere was a fairly active real estate marke'
Yesterday and several good safes "eie -.
AT the New-York Real Estate saiesrooh ~.
was a large crowd brought by the ahhou,'e
that a parcel of suburban properly "ouu
fsred This property consisted OF lots oeiohs'"s
., ,ho Eox estate and comprised lao lots aiohs
tho Southern Boulevard. There were severai pr
vats sales. and agents report good OUTLOOK io'
sales and rentals. u.. a and
y,,ancIiro,s brewery property at Tenth-ave. anu
One dred-and-twenty- ninth-st. was sou se''e
A., =, No III broadway upon the foreclosure OF
= mortgage of slsOOOOO, held by the Farmers Loan
and Trust Company. The Reorganiza.ion YIN
i,.o, % the company bought 1t for s2OVU over
the mortgage and other incumprahces' oa"ue
I-ntermyer of the firm of Guggenhei"er
myer who represented the committee, s'u ~
the sale was made in pursuance 10 irieioiS 81
raroone,t between the bondholders OF the brewing
company and the keorsaih%a''o'
Mr. Tnermyer said when W ss1,ed DI large
number OF notes which resulted In tne brewing
companys going into the han nS the creditors Of
the firm took bonds of the corporation IN payment
Of their claims These bonds ss were and subject also
10 Mrs Yuenglings right OF dover ~ T hon ND
0oa of bonds issued about SbJVVv nay -. f
or boughp by the company, so thnt '"e, 1ba bond
holders have got together under an agTeemeh' 10Y 10y
witch they are take new bonus i ioa
Mn nsr cent Of their old bonds, and to get the
,anca Of % per cent In stock of the company, anu
TO- are also to get Mrs. Yuengiings rignt OF
dover for which they are to pay ner S,o,V" ~
bonds The arrangement has been lrle m . anu
,%a Siata Trust Company holds nearly all Oh tnese
bonds. under the direction Of the Reorganization
Committee ,o. 4, tho mann AN
There will be changes IN the nanaeenen.
~ Tho COMPANY. except in two or three instances
~ Tho hoard where old directors have preferred
~ resi,n MIR Yuengling will continue 70 manage
Tho business and will hold all the STOCK except
the D per cent which the bondholders ger, -.
There we're many women present yesterday at
the sale of the lots belonging to the FOX estate at
One-hundr sixty -seventh,st ana oo3tnei i
Boulevard which were sold by James l.. Weiis;
These lots brought forth active bdding MOS o t
them brought from 1915 to $3.50 eacn accorulns ~
The location Ore lot was bought by John OCoh-
nell for $l.l30 ,o ,.os,ordo, .,
tho fhre,-story brownstone house at NO LOO west
NInetv-second-st for F. NJ WEIGH to F. Adams
for s9i 100 He also sold for the Columbus invest.
rent Company to Thomas Il. Crimmins me vacant
lot at West y nety-ninth-st. and the Bouie'aru'
ono OF the best rentals or THIS season III tno
regbborhood OF Murray Hill was that made yes,
tcreiay by Cannon q Mcdonald for D. l.: brlstoi
TO o. H. p. Belmont, Of the four-story mouse rS AT
10 900 Madison-ave. for 1850 per month the
Bryan l.. Kennedy will sell to-day, az lore,
closure the seven-story stone front Hotter ASA
Alameda at the Boulevard. Columbus-aye. ana
Nest Sixty-thrd-st This property has frontage
i'm the boulevard OF ll6 feet q feet In Columbus
ave and AZ feet in West Eighty-tirst-st