New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1896-01-23
BAD NEWS FOR KERRIGAN.
A MOVE IN ALBANY TO DO AWAY WITH
HIS SNAP"
AssEMBr.YMAN MARsHALLs BILL TRANSPARENT"
THE Jt.DICIAL SALES OF REAL ESTATE
MEETS THE APPROVAL OF THE En-
CHANGE MEMBERS AND Is NOT
PLEASANT FOR WILL
OvGHBY STREET

OtGHBI STREET,.
Many prominent real-estate men in Brooklyn were
pleased yesterday to learn that Assembiymah Mar
shall had introduced a bill Albany providing for
the transfer of judicial sales In the city from ker-
rigans auft.on rooms at No. Wlloughby-st to the
Real Estd;e Exchange in Montague-st ana the or
fees Of the Taylor Fox Realty Company al NO.
a. broadway, in Williamsburg. Should the Dill go
through Il will be the result Of long fight on the
part OF the Exchange people, lasting since the
building was finished nearly five years aGo.
Reputabe realty men are watching the progress
of the bill with great interest. While 1t means
much 10 them In the way or more exponent anu
satisfactorily conducted sales. 1t means to MI her
rigan the official auc;ioneer. and his Democratic
and Republican friends the loss Of great volume
Of profitable business Mr.. Kerrigans office has
long been Boss McLaughlin's headquarters where
in a little back office In the dingy auction shop the
while shorn of much prestige. still does out
advice ana commands to his followers In quantities
to suit For long time Mr. Kerrgan has made
from his snap" variously reported. from $4,000
to $4,000 year. Naturally the "Boss' and his
friends are somewhat disgrunt.ed the pros
pect Of a removal; at least, that Is the inference
II for no other reason than that OF cramped and
totally Inadequate quarters at Kerrigan's room.
Real Estata tx mango men pleased at the pros
poet of bringing judicial sales whore they say they
properly belong. Forty people they say. Will pack
the Willoughbyst salesroom, and many instances
they say can be cited whore sales something on the
snap order have taken place. partly because pos
s.ble purchasers could not get near enough TO bid
and also by reason OF the peculiar methods with
which such sales conducted.
Another object and most potent one. which
the Exchange members have brought up 10 the
matter OF fees II pointed out by them that
Kprrlgan gets from s. to $50 for each sale that
comes into his place while those few sales which
filtered into tie Exchange cost from % to % per
cent less.
h. ri
chauncey of the real estate firm OF d. q VI. Chaun-
coy sa!l that the Exchange had been trying TO got
A transfer OF the judicial sales TO their auction
for years.
EVERY year since the building erected" he
said. I'VE have had such bin in the Legislature
| don't want to too much. but politics II a
factor in Sherif's sales. That's plain proposition
We trust Mr.. Marshalls bill will go through ray
lor 4 Fox have been named 10 conduct sales IN the
Eastern District. az the result OF an agreement 10
divide the city into two districts, and also because
they are a thoroughly reputable firm. and have a
room large enough FOR the purpose. guess Mr.
kerrigan viii have transfer his office. In case
the bill goes through. to or the other OF tn"
'Ieon,rd Nooiv, one Of he best-known real estate
men In the city made this statement: go -
Nearly all foreclosure sales come 70 the Sheriff.
i.i, + had a lii Win him ard ho told me "a
everything else being equal he would take his sass
look out for myself.
What dl that mean
1T may have been politics A. any rate. the OK
change ia not get the sales. no matter how hard
IL tried Thus the Judges who ordered the sales
had much 10 DO with II. and Mr. Buttling was not
altogether responsible FOR their disposal ,a
"Iu,. speaking OF sales continued Mr.. Moody.
there's more rascaliy. more downright robbery in
the referees sales which take pace under the
Court House stairs than most people imagine
Poor debtors VINO have been unfortunate In allowing
interest to laps" are robbed right along. The law
yers ami referee get together and FIX up referee &
sale % suit themselves. There's no proper adver-
tlsemcni u tn sale and owing to the unitness Of
the plc" ana the dishonest methods many a poor
person has been sold ont without knowing anything
about IL unsil too late.
"A Jaw ought 10 be passed ma terlally changing
referees sales. II should be provided that the
poor cannot b. robbed OF their property. referee
should be allowed to sell property. An auc-
iioneer should be appointed FOR such sales. which
in all decency ought TO te openly conducted There
are many referees ana lawyers in this city who
ought To be In jail