New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1897-01-09
Mr.. HAMMERSTEIN'S OLYMPIA.
HE WILL. STILL. MANAGE IT, AND HE SAYS
THAT 1T WILL SOON BE IN HIS NAME.

THAT 1T WILL SOON BE IN HIS NAME.
The hopes OF another great amusement enter
prise have been pulled into the air. On Thursday
Andrew Freedman going to manage Olympia.
the Harlem Opera House and the Columbus Thea
tire. and now he Is not going to manage them II he
had actually got a chance to do so he would have
had the greatest chance to amuse the NewYork
public that he has had yet, but. as 1t Is. Oscar
Hammerstein will go conducting the affairs OF
these places and the long suffering NcwYork
public Will be deprived Of Mr. Freedman's services.
Mr. Freedman has already managed the New
York baseball team. At first that portion Of the
public which took interest in the National game
did not fully understand Mr. Freedman's methods.
Old friends OF the team made bets Its success
that Is to say. on Its ability to win games-and
these persons quickly found that the process
not amusing. But as soon as they learned to keep
their money In their pockets and take a humorous
view OF the proceedings Of the team and its mana
ger they began to the fun OF the thing The
wttiest character In English literature rejoiced
that he not only witty in himself. but the
that wit In other men, Just so the
Newyork baseball team never the butt OF so
much wit before 1t after Mr.. Freedman
became the director Of 1t. and people who were
not entangled with II In a pecuniary way were
vastly diverted
1t was natural. therefore. that all lovers OF
merriment should rejoice when they heard on
Thursday that Mr.. Freedman had been appointed
receiver for the property OF Oscar Hammerstetn
and that he would have chance to Try his hand
at managing three theatres and music hall II
is not the fashion to- make bets on theatres. so
nobody cared whether these playhouses should
win lose under Mr.. Freedmans direction. but
everybody felt the calm assurance that there
would be humor unbounded.
As for Mr.. Freedmans own hopes. 1t Is under
stood that he slept but little on Thursday night
because Of thinking what he should do as the
ma of
the unusual privilege for theatrical manager Of
drawing his profits not from the earnings OF the
houses. but from toll Of everything that nc
handled. II he did doze little. his doze was
gay with visions OF per cent Of all Harlem and
a part OF Broadway. But he awoke to an ex-
perience rot only to him. hut new. IT Is be-
cved in the history OF receivers in general. That
IL 10 saw he was appointed receiver one afternoon
and the next morning he found that no receiver
was required possible In the case. perhaps
II is something Of a blow to business man to
roll UP his sleeves for a Job supposed 10 he worth
saw $4,000 and then to find just as he mas
finished rolling mp the second one that there * no
work or wages for him at all
There is a story OF a bully in a Western mining
ovn who was struck across the head and face with a
blacksmiths rasp the hand OF a powerful placK-
smith and though almost every recognizable part
of his countenance torn of. ne was able 10 eA-
press curiosity as what sort of weapon had struck
him II Is possible that Mr.. Freedman felt some
doubt for little while Yesterday morning as to just
what II was that had taken his receivership away
from him. The fact that Mr.. Hammerstein ny
what must have seemed 10 Mr.. Freedman sort OF
localized burglary had got up in the night and paid
the Judgment on which the receivership depended.
and so the receivership was snuffed out
Mr.. Hammersten explained the details thus: In
the last year damage suits amounting to over sloOOp
have been brought against me. most OF them arising
from the explosion of a steampipe day after the
| opening of Olympia, when two men were Killed ana
eight wounded. For reasons best known to myself.
] transferred my Olympia to my wife My debts.
purely commercial. amounted a; that time to but
$4,000 | never transferred the Harlem Opera House
and certain spartment-h houses belonging to me and
standing in my name.
Pending a settlement, of these damage suits l
allowed my~creditors take judgments. One OF
them. and the only one the firm of A: Nj; Byers *
CO.. from whom had purchased all the steam
pipes used in the Olympia, saw fit to act under
the Judgment voluntarily given to them by me and
amounting to 5000 only and asked Ior tne , ap-
siGered for six weeks by Judge Smyth. who at 4
O'Clock yesterday afternoon granted the applica,
not take any action. My attorneys this morning
went before Judge Lawrence. and by paying the
very likely much 10 the discomfort and CONSERVATION
of the projected and proposed receiver, Andrew
whG s over nssSsS ia he
improved and modern receivership fashion I'M
mediately after the settlement OF me receersnp
neys informed the attorneys representing my con-
fessed judgments TO meet at their office on Tues
day next with satisfactio papers. when ever, every
claim will be paid In full 100 cents on the dollar
just as I have done. since the first day was In
business Papers will also be filed by my wife re-
transferring the Olympia to me- AS the Olympia
has mortgage of but 100000 and has cost s. 5000
and other properties amount 10 severn nun n
my projected receiver. Andrew freedman, SYM
tctfo