Perth Amboy evening news. [volume] (Perth Amboy, N.J.) 1903-1959, 1910-03-08
CITY WILL SELL THE
WET DOCK" PROPERTY
City Attorney TO
Apply For an
Order.
A RESOLUTION

Immediate application will be
made Chancellor Pitney by City At
torney G. G. Hommann for an order
to permit the city to sell the Wet
Dock property, which is located on
the Staten Island sound, between
Fayette and Commerce streets and
is included in the old Ramsay ship
yard property The application will
be made in accordance with a resolu-
ton to that effect, adopted at a
meeting of the Board of Aldermen
last night.
The property has been owned by
the city since 1928, but has never
really been a benefit to the inhabit-
ants on account of It's peculiar sit
uation. 1t has been In litigation for
some time and the aldermen believe
that 1t would be to the city's ad-
vantage to sell it.
Alderman-at-Large voorhees,, In
discussing the matter today, said
that after the order is secured. the
city would probably sell the property
to the receiver of the Ramsay prop
erty. The latter property is shortly
to be sold by the receiver and as the
wet Dock" is practically part of
the tract, Mr.. Voorhees, says that
anyone desirous of purchasing, would
probably want both holdings.
The Resolution.
The resolution adopted by the
council last night sets forth the rea-
sons for the desired order to sell the
wet dock" tract as follows:
WHEREAS, The property known
as the Cove or Wet Dock, situated
between Fayette and Commercc
streets, and bordering on the Staten
Island sound, was in the year eigh-
teen hundred and twenty-three, dedi-
Gated by the Board Of Proprietors of
East Jersey, to this city, in trust for
the use of the Inhabitants thereof.
upon condition that the same be
made use Of for the benefit of the
inhabitants of said city as they shall
think fit; and the same cannot be
used for the purpose Of dock, and
could not have been so used within
the memory of the oldest inhabit-
ants and that the Board of Alder
men, which is the governing body OF
this city, deem it impracticable and
inadvisable to use the same for any
public or municipal purpose. and
/ that II will be to the advantage OF
+ this city, and TO its citizens, to sell
and dispose OF any interest which tbs
said city Rsy have therein, for the
| following reasons:
q. On account of the alleged
claim of the city to this property the
title has been uncertain aAd no In
dustrial interests of a permanent ma
ture could ever be induced toFQr-
chase and occupy this land, which n
a serious loss to the business inter-
ests of this city.
"2. If this title is cleared from
doubt the property can be sold at
1 once and thereby the City of Perth
Amboy would receive in cash the
/ taxes due on it amounting TO about
! $4,000.
"3. If this property is sold as now
7 proposed, the affairs Of the Middle
sex County Bank would be settled at
once and the claim of the receiver
thereof amounting to upwards of
4 SS5,000, would be paid and the
amount distributed among the cred
itors of said bank, who are largely
citizens of this city The dividend to
4 the city on it's account would prob
ably be about $4,000.
"a The affairs also of the Perth
/ Amboy Shipbuilding and Engineer
ing Company would be settled and
the creditors of that company, who
are largely citizens of this city,
would be benefited by the payment
of their claims.
90 This old and troublesome
question would then be finally set
I tied and the city would be far better
off than in pursuing uncertain, In
definite and probably unsubstantial
rights.
"6. Now, therefore, be II
"RESOLVED, That the city attor-
ney of this city make representation
thereof to the Chancellor of this state
and apply for an order to sell any in
terest that this city may have in the
same in accordance with the laws Of
this state and the statutes in such
+ cases made and provided.
"W. D. VOORHEES,.