New-York tribune., 1902-03-30
DEVERY PAYS NEARLY ALL
ONLY SMALL MORTGAGE GIVEN FOR j.,
BIG REALTY PURCHASES

Sylvester Pope and other executors of the
estate Of Josephine P. Peyton. yesterday trans
ferred title TO a number of properties to John
7 Bvrne who is said to be a nephew of
William :. Devery. ex-Deputy Commissioner Of
Police The properties bought by Byrne
at the auction sale of the Peyton estate hold
ings which was held on February Is, at the
Real Estate Auction Rooms, No. III Broadway
by James L. Wells. Byrne is generally thought
TO have bought the parcels for Devery. He paid
S377 500 for them
According to the terms of the sale, 60, 60 or
20 per cent of the purchase price of any lot or
parcel separately sold might be borrowed at the
option Of the purchasers from the trustees OF
the estate on the purchasers bond and purchase
money mortgage payable in three years or
sooner upon giving sixty days notice, in writ
ing at the following rates: If 60 per cent, in
tcrest at I per cent year; if 90 per cent, inter
est at AZ per cent year; if 20 per cent, inter
est at > per cent "A year. The deeds and the
mortgages recorded reveal the fact that Byrne
paid about - per cent Of the purchase price of
the total parcels. No mortgages were yesterday
recorded on two Of the properties bought. name
~ 40 SJS Tenth-ave.. a five story and base
Ineut apartment building, and No. 10 Green
Uiah-ave a five story brick fiathouse. The
building No. S53 Tenth-ave. was sold for $4,000
and 40. 40 Greenwich-ave. for $154OO
The prices paid for the other properties, which
it is generally thought were bought by Byrne
for Devery at the auction. were as follows:
Nc SS1 Sixth-ave.. a five story stone front
store and apartment building, near Flftleth-st-,
S42 800.
Nos 15l and 153 Eighth-ave., five story and
extension brick fathouses. north Of Seventeenth
St. $4,000.
10. S51 Tenth-aye.. northwest corner of Fifty
sixth-st. five story and basement brownstone
store and apartment building. $39.25O-
Nos go and 672 Eleventh-ave. north OF
Forty-eighth-st.. four story brick fathouses,
Nos. $50 and 23S West Thirteenth-st,, east
corner Of Creenwich-ave., five story brick hat-
house known the Jackson. S6I15o
No 116 East Fifty -ninth-st., east Of Park
ave, four story and basement stone building.
10. 21s5 Third-ave,, northeast corner of One
hundred-and-niDeteenth-s a five story brick
fathouse. with stores. with one story brick eX-
tension. $4,000
In the mortgages recorded yesterday were the
following:
BPH: !o 3ls.vs to E5s Ma 54o and Gsaa sss =; 81
sane to sam same; 6S6-ave No. ssI; years per
sse GTt' to same lotb-ave. No S5i: years per
sae @ to same shave Nos 15i and i58 years;
Sane e cent tS 5aPe os's NO 10 East sts 1900
SAM 70 sane S1-avsi gs n 1900
ssTa aTe. ISe 'f f8tsr Nos 286 ana 23S West.
years. cent. gold -''''
These mortgages show that Of the purchase
price Of S377, 500 $261.S0 has been paid. and
$4,000 remains on mortgage for three years
at per cent. peculiar feature of the mort
gage transaction was that IT was the only one
announced yesterday in which it was set forth
that the interest and principal were TO be PAID
in gold a well known real estate man on read
ing transcript OF the mortgage papers said;
Democrats usually like 70 talk about free sill
yer. but I see they generally meet some OF their
obligations in gold currency
William l. COndit is one Of the executors OF
the estate.