The Irish standard., 1898-10-08

vas OF course no more III TOR u public .
hospital building than tor u cathedral. J
Members OF the city council were vlo.
lentiy opposed ro tue purcnase.
aud some OF the weaker of the
papers ventured TO remark against !
the deal; but LII due time
sitter many meetings o; the Bca:d,
committees, ETC., the deal went, aud !;
the properly was purchased for the sum
Of 100000. OF course 1t was supposed
that Tor that exorbltanu sum the city
would actually get the property. but
10, and behold it lenked out that THE
PROPERTY SOLD WAS COVERED
By A HUGE MORTGAGE. lnvestl- I
CATION followed ana tie real facts,
taken from the official RECORDS, are thu,
summarlzeG:
The property was six lots. in block
VI of Minneapolis, on Seventh Avenue
: south, between Fifth aud Sixth sir.e.s,
the land being 1870 by $50 feet, OR
ABOUT ONE AND ONE HALF
ACRES. Tue contract Tor purchase
was made. ABOUT May Is, 1893 1t
called tor a warranty ae II TO DO deliv.
cred, and u,h was niaue and delive. u
June Ii, by Bracxett. IL was about
: thls time That 1t was discovered that
the property, instead Of being clear, as
called for III the warran'y deed. WAS
INCLUDED IN PROPERTY IhAT
HAD BEEN MORTGA AGED MARCH.
z, 1898, 10 IHE NEW YORK Lii e
INSURANCE LOA.P.ANY FOR The
SUM OF $130,OOU. Tao city mai not
yet paid any money, fortunately.
and Ill inc STORM OF puollc criticism
that was aroused, 1t was expected
that none would Do paid, and the dis.
covery III time. was reyardes: US most
fortunate. However, lhJ5o VINO had
engineered tne oeal, lrciudlng Mr..
Brackett. proceeded IN the ways aud
means best known to themselves to
get the money paid over. The tirst
down pay ment 10000 was covered
by a pretended ''adultloual security
deed Bra,k ott deciding other prup.
erty to the CITY and being paid tho
sum of $4,000 toward his purchase
money of 500. 1000. But it was then
found that THIS DECIDED PROP.
ERTY WAS ALSO INCLUDED IN
IhE SAME MORTGAGE 1HAT
Was ON lhE 4AOoflIAL PROP
ERIY. Inc noWl was louder .Aau
ever, and committees OF citizens
Waltei On the clJy' 8 officers Ill pro.
test, and even pubilc meetings were
he'd, voiclng the prJtes 10 Lne may OF
ana board tuut no more money should
be paiu. The oracle was worked, how.
ever, AND BRACKET WAS PAID
ANOldER 30, wv, LIS giving ano.n.r
deed as "audlLlonal security" Luy
THE PROPERTY DECIDED BEING,
A.o DEtOnL, SOME OI TnE SAME
GiOIIII1At1I.D T. klJ.-titi'T
LAG SUN VI Sov,uvu u.u now been
PAID ANA no reuuct1on Whatever made
III INC mortgage lnueotedncss Oh amy
OF tne property lnvoNcu, and $4,000
was sun uue Bruchett un the purchase
contract. IL was aSSeel That Llls DC.
terreu paym III ot SuJ, 100 should draw
Interest ~ me sane gate as the lnsur.
ance company's mortgage WAS draw.
ing, and, nni.lly, ~ an Arrangement
Wn.cn MIR. Brachett stated was made
by himself and Mayor Eustls and Guy
Treasurer A. U. AIahsan, tie latter
commenced the payments OF such ill.,
terest, Haugan httvlug issued therefor
certificates OF Indebtedness for $500
Oh the late Washington bank. such
payments OF interest were con.
tlnued more thaiA y year, or until
February, 1895, wnen they were dis.
continued by Hauganj and the certiti.
Gates cancelled. Something like 3,OUO
was thus paid to RraeKett. Meanwhile
the New York Lite mad l.rcclvseu ITS
whoAe mortgage, tAle foreclosure pro-
ceeulngs being 81 uividod, as that $75.. !
OUU or Inc total OF $3.50, OUU stood against
tue Hospital she lots. the balances be-.
ing dlvlued as between tho Que. par
cels which had been decided as "audi.
tlonal security" Also AS 70 one OF the
latter deeds, tho first, it was discovered
that the lots had not been. as supposed,
decided at ali. as the description placed
them in book No. "nlnety," instead
OF "nlne.y.three." This was corrected
by deed of April, 1896.
All efforts by Mr.. Bracket and by
the city itself, were unavalllng to get
from under the New York Life claim,
to VIII. CHI there was also added further
deeds. mortgages, Judgments, ETC.. ETC.,
involving Brackett. increasing the en-.
bArrassment and entanglements. the
the city was out tho amount paid
paid on the other $4,000,
and had to pay the New York
Life's claim Of $40, 900. to complete the
clty's title.
The only defense ever Attempted for
Mayor Elstis was that ho DID NOT
ACTUALLY VOTE FOR THE
STEAL AND WAS NOT PRESENT
All THE MEETING OF THE LOARD
OF WHICH HE WAS A MEMBER
WHEN IT VOTED THE FUR.
CHASE. On this point lot friend
Brackott speak. The deal was investl.
gated by q special committee of the
city council winch brought out the
facts q above outlined, and before that
committee Mr.. Brackett himself up.
pcared and made a full statement which
is on file in tho clerks Office in Mime.
apolis. In tho course of his statement,
rs if filled with indignation that W.
H. Eustis, his old political and per.
sonal friend, should seek to avoid his
full re'nonsibility. Mr.. Brackett said:
ut having been stated that Mayor
Eustis was not conversant with this
transaction. and did not approve it. l
must here state (al,hough l am sorry
that he is absent. for l would much
prefer TO make it TO him. in justice to
myself. the facts in this case. CON-
FERRED FULLY WITH THE
MAYOR, AS DID WITH THE
BOARD OF CHARITIES. THE
CITY ATTORNEY AND THE AL
DERMEN. in donnrction with this
deal, AND CERTAINLY HAD THE
APPROVAL OFtTlIE MAYOR. AL
THOUGH HE Was NOT PRESENT
TO VO +; and &hsre the warrant was
| drawn for the pa nleiit of the $25, 600