The evening world., 1894-07-31
ARONSONS GET IT,
The Casino Sold at Auction to
Lawyer Samuel Untermeyer.
He Represents the Stockholders
Reorganization Committee.
The Price Paid Was $50, 2OO-Too
High for Canary Il Lederer.

The Casino lease was sold at auction
at noon to-day in the Real Estate Ex-
change. Ill Broadway. and was bid in
for S6o, 200 by Attorney Samuel Inter
meyer, representing n majority of the
stockholders, dubbed together under the
title of the Committee of Reorganiza-
ton
To the popular mind the significant
feature OF the sale is that it returns the
Casino to the management of the Aron-
sons who were so long identified with 1t.
a live.y fight WAS expected and the
participants and spectators got 1t. There
probably was not IA normal pulse in the
auctioncers pulpit, as the bids went
G ,SonsinSS. upward ~ the hundreds and
Tie two factions were there in force.
William Frank Hall, President of the
Casino Club, with Rudolph and Albert
Aronson. stood at one side. MIR. Under
meyer, their counsel; pushed forWard to
SPEAR, who stood BY the to' auctionte Gt
ON the other side We're grouped Mossrs.
Lederer and Canary, the present lessees.
their attorney, Ira Leo Bamberser, and
some friends. Not Il word or "A glance
was exchanged between the rivals
tnheralded and unexpected the new
factors were introduced into the strug-
!
Casino bondholders, tried TO take up
the lease through Charles NJ. Reynolds
an officer of the Long Island Railroad.
Mr.. Reynolds dropped out at $50, 900.
In far corner stood a well-dressed
young man unknown to all, who added
to the bidding steadily until $4,000 was
reached reg, when he retired: He told an
Evening World reporter that he was
| T. J. Fielder, OF Atlanta. Ga, stopping
at the San Reno Hotel in this city. Mr..
Fielder said that he represented himself,
n nH n tod hat l.tn nItlt Ian
AS nearly as the very much involved
affairs of the Casino can be explained in
brief the circumstances of the sale are
1902, was sold under mortgage of slos,-
600. held for the part by the stock and
bond holders of the Company.
here Is yearly ground rent of $1,000
annually. There is a debt. chiefly In ar
rears of taxes, amounting to $4,000. All
these obligations the lessees assume
bought in the lease had guaranteed Will
lam Frank Hail. the President of the
Casino club. a year control Of the the.
atre from Nov. 20 next. Mr. Hall anC
hat Is the situation.
The fun began with a protest from
of the sale. He declared that the sale
should be made under the lease to Can
AIRY & Lederer. and not under the leas,
to Hail. He said that he represented
| tHt present itoSetS anu tam pollu
holders.
Mr.. Untermeyer retorted that he didn'
believe that Lawyer Bamberger rep
resented any bondholder The referee
said that tn sale would go on. and 4
ANYBODY was injured he would be righted
The bidding was chiefly a ratt.int
fire between Bamberger and Inter
meyer. When the former shouted on
10000. tntermeyer pretended that thu
bid was made without adequate guar
antee of its security, and sarcastlcall.
remarked that Mr.. Bamberger's posi-
ton was equivocal in first bearing tn,
sale and then rushing the bidding"
The sale went on, however, and whel
Mr. tntermeyer at last bid $4,000, Mr.
have Il. and then Changing h s mind mind
? said, "Offer hundred more"
The bid was made. and Mr.. Inter
meyer promptly put up the winning fig
ure of $50, 200.
Mr.. Untermeyer said that. while tn
figure was a little more than he expect
ed. he had been authorized to go UP t
10000