davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1911-12-02
INTEREST RATE USURI0US
National Discount Company's
Petition to Court Rejected.

The interest charges OF the National
Discount Company on loans granted 10 the
bankrupt firm Of Fishel. Nessler & Com
pany wholesale Jewellers, of No. 556
Broadway, on collateral consisting Of as
signments Of accounts due TO the firm.
were pronounced usurious yesterday. in
an opinion fled by Judge Hough, Of the
United States Circuit Court
Before the filing Of a bankruptcy peti-
tion on November 8. 1870 the firm bor-
rowed money on assigned accounts from
the National Discount Company. the
Traders Commercial Company and Bloom
ingdale Brothers. and in several instances
the same account was assigned 10 more
than one lender. After the bankruptcy
the lenders asked the court TO decide the
priority OF the various claims
In rejecting the petition of the National
Discount Company and charging it with
one-third Of the expense OF the reference.
Judge Hough said he could not imagine d
palmer case Of actual and actually in
tended usury. After quoting the genera!
business law, which limits the interest on
. loan 10 8 per cent, which he said might
appear archaic but could rot change the
duty of the court Judge Hough reviewed
the transaction la question, and said:
To me IL appears plain beyond any
doubt whatever that the parties 10 this
transaction agreed perfectly that If Fishel
would suffer "a charge of per cent on
money loaned and per cent on collateral
hypothetical therefor the Discount Com
pany would forego its usual Cor ct all
svents stipulated method Of doing bUsi-
ness and do absolutely nothing but loan
money. unless a breach Of contract on
Fsshers part required them 10 take further
proceedings bat this last the company
would have been obliged 20 DO, agreement
or no agreement.
"Contemporsneous construction. evil
denced 10y the actions Of the contracting
uarties before breach shows the Discount
company iu the exact position OF a lender
Oh collateral with lesal title 10 tho same
ga effect a chattel mortsagc-chargius
agreement before loan q per cent ON the
loan and per cent on the face Of tho col
lateral. equivalent 20 a. ninety-day accom-
mediation OF over p per cent per annum. -
New-York tribune., 1911-12-02
NEW YORK LENDS ABROAD
Bank Statement Comments on Unusual
Conditions at This Season

The Fourth National Bank. in It's circu-
lar for December calls attention ~ tie
strong position OF New York in the .Ufo.-
national money market. It says.
Europe is gradually paying back 10 this
country the temporary advances that II
secured a few months ago. In spite Of the
recent fall in discount rates on the Other
side however New York IS still about the
cheapest money market in the world when
the price Of accommodation based upon
collateral loans, is considered u is prob
ably true, however, that the banks ~
Berlin, Paris and London are still heavily
indebted to this market, as many fresh
advances have recently bpn made hy
Wall Street lenders TO the great banks ut
Europe.
In this way the New York market ends
the year in a rather extraordinary posi-
ton OF being able to lend abroad q sum
that nearly equals the amount which n
usually finds necessary to borrow OF tips
other side in order to meet the require
ments OF the January ! reimbursement
here These strong points IN the situation
deserve TO be carefully noted, for the rea-
son that the position is a peculiar ono
which has scarcely, II ever, been en-
Countered before at the close of any year
for a decade past.
SUNDAYS NEW-YoRk TRIBUNE
Mailed anywhere in the United State,
for $3.50 year.
New-York tribune., 1911-12-02
LIS PEN DENS.

AVE r. r cor Of 18th ST. 36zi0o Mnns
Blanchard agt John Olson Construction CO
81 al foreclosure Of mtgD; atty, " Clare
CHRISTOPHER ST. -; Charles Dareuitx
agt Anna . l. Won Bartcnfcls GorTc .osIrs
OF mtg atty. . .Kalt.
52D ST 3I3 West. william Mcclure adm,
agt. Thornys Mcclure ct al tOreclosIre ot
mtg); atty g " hiefer.
11&TH ST 2l2 East: Ethel Turnbuil at
Morris Fog"l ot al foreclosure ot mtg. atty.
q Waddingto7
s5TH ST. = =. go T. W o, Columbus aye,
1S.GXtG92: Mathilde 4 Weber agt Neda =
Srydcr - al foreclosure OF mtgJ; atfH = A.
MCKenuali.
1liTH ST. 81 East; state Bank ast Sy-
,cstcr q Bryan - al foreclosure Of mfgt;
atty, J & kChn.
lf1TH ST. 20 East. state Bank agt Elanss-
Realty CO Ct al foreclosure Of MTG; atty
Kohn.
GRAND ST. n cor Of Thompsou ~. -GN
T2.>. WILDER G Goodac agt john r Negr
OF ai faction TO declare lien)i atty ~ r
New-York tribune., 1911-12-02

lrreg 20 18th 81 Brove & rinde ast Theftosd
Eltz coal 90. owner. Charles u LoTen, con-
tractor SEQ.
fTTH ST ~ West STANDARD itili;v co sgt
Hsrwell Realty Go. owner and contractor $50 g.
PARK AVE. 1852: Vito sylvester agt Gins
berg. owner: Gordon stein Contracting CO.
contractor. $3.50.
WASHINGTON AVE-, i2si: standard Damp
Proohng and Roofing Go ait sarah Cohen owner
and contractor: KnePpor Really 60 Contractor.
$i2J.
BRoADwNY So 10 4e1: Edgar = Lunesclilou
agt Thomas Sunern estate. = Taller, trustee
owner: August II LOebei. contractor. $tJ.
ROWERY. .: Edgar Iuneschloss sgt Thgmss
suhcrn estate r y Taller. trustee, "Wnfr. Az
gust Loebel, contractor. 50 T'l
RIVERSIDE DRIVE. y cor i49th - i02r
i13: MOrltz Ansteln AT \ Feldman Ccns,ryc-
ton 60, owner and contractor. $500.
PATHGATE AVE. c :, Si6 n Of is0'h ~
t23x72x irreg; Richard r Thib3ut Inc. aet
Charles FaruOo. owner ana contractor.
$315 %.
RIVERSIDE DRIVE. n cor iteth r.. iO21
113 10: Isidore l;ossberg agt Feidmau Con-
stmction 20. owner. Julius Biaunstf.n con-
tractor 1852 -
WtHTLOCK AVE. 9I2 TO az. Harrv Harper
agt T1liy Construction 90. owner John Bezold
contractor; $isG -.
AVE T. u e cor Gih 80. 2jNlOo. KandoI Con
crete 80 at Hugo Realty 20. owner. julius 4
schwartz, contractor. $2l4.
New-York tribune., 1911-12-02
SUBURBAN TRANSACTIONS.

Peasc & Elliman have rented FOR Mrs.
Henrietta b. Pierson the house known as
the Garret place, at Lawrence. Long Island.
10 Norrie Sellar
Kenneth Ives & Co. report the following
sales at Shppan Point. Stamford, Conn:
James +. Dunn 1oo feet. in Van Rensselaer,
avenue; Chas. l.. B. Lawrence, l25 feet, in
Van Rensselaer, avenue; Kenneth Fleming.
l0O feet, in Van Rensselaer, avenue; Geo. II.
Thamer. 100 feet. In Van Rensselaer, ave-
nue.: Captain Brainard Taylor. 1870 feet. in
Van Rensselaer, avenue; 4. V. Holt $50 feet,
shore tract on Long Island Sound, and r.
-. Kellogg, 20 feet in Stamford avenue.
New-York tribune., 1911-12-02
LEAS E S.

Slawson d Hobbs have rented The store
and basement at 10 ?s@i Broadway 20 the
Partisan Restaurant Company for a term
Of years.
Pease G Eliman have leased for Mrs.
Ambrose =. Ningsland 10 T. Grand
dHautevne 40. 19l Fifth avenue, five
story American basement house, At tho
northeast corner Of 5Sth street, until next
May: also leased 40 222 Madison avenue
TO Rudolph Kissell. No. IS West SD street
10 j. Searlc Barclay: No. 81 East nth street
10 c. NJ Gay. and No 81 East 9lst street
TO ". T.. Rogers.
The Cross g. Brown Company has leased
the top floor at No. IS West 37th street 10
Lou Mayer end 9. Alfred Klinker.
Iohu !. Clancy & GO. have leased the
dwelling hbusc SO. 81 West 9th street 20
Elizabeth Taft.
The Charles r. Noyes Company has
leased the store No. - GIN street TO
Israel Caroline. lofts iu 40. 256 Pearl
street to Hans *. Lorens; in 40. 2j Chf
street 10 Ellison & Wood; IN No. = Beck
man street TO \. l.. Laudsberg; i'm 40.
Cedar street 10 !. r. Farley; in No. %
Fulton street TO Norris Ullmsn, and Offices
in the Wyllys Building TO Briedenbach q
Osborne.
Everett VI. Sciyas & 60. have leased 70
the Peoples Cigar Company and the Arco
Press lofts in Nos lli and 1l6 East 18th
street.
Tie Midwest Realty Company has leased
10 the Colonial Waist Company the eighth
floor. 800 feet. at No l5s to 1853 West 9Th
street. through Corn 4 co.
TIE Duross Company has leased Ia Anna
l.. Smith me dwelling house No. 202 West
1esth street for three years
Edward VI. Levi has leased 9.1C feet ot
spacc I'm No. Il to Il East I'D street 20 tho
United Mail order Company. also 5NO
f,et i'm Nos. II and Il West 2lst street 20
cn,.,ne l. Gellls.
New-York tribune., 1911-12-02
OLD GRAIN HOUSE DISSoLvEs
H.H. Se-ier & Co. Succeed to Business
OF L. G. Qninlin & Co.

The grain house OF J.. G. Quinlin & Co,
which was established in 1851 by the late
/. g. Quinlin. was dissolved yesterday by
mutual consent. its business being taken
over by the new firm of II. H. Sewer x
CO.. composed u James =. Mcguire and
Albert ". Peer who have conducted the
old firm since the death Of Mr. Quinin.
seven years ago. and II. ~. Sewer.
Mr. Sewer. who Is q native Of Tennessee
and has lived in Texas for the last fifteen
voar.. has twice represented a Texas dis
mot iu Congress Tho firm OF J.. q. Quiu-
Dim * Co was organized IN st. Louis, the
business I'm time having been Transferred
70 Chicago and then 20 this city Tor long
reriode 3t a time rs business on the Chi
<go Board OF Trade has amounted TO
Z1ln0J "a lQgp.eJ bushels of grain day.
New-York tribune., 1911-12-02
THE PRIVATE SALES MARKET
MANHATTAN

WADsNORTlI AYFNLB ,Joselh = Day mas
@ S'.r b,pise al 40 a2 WadswOuh avenue ON
i,, lGsIOO feet. adjoining the southwest corner
~ ,7stb street The house was built by MI
WALTON siN years ago.
,g-1,tT STREET Joseph r. Day has sold for
Elizabeth O'Reiiiy 40 80 West l3ith
sirott n three story and basenen, dwelling
bo,,ss on lot 16.Gx99 II feet
,-,cT STREET Henry H. Drsyer hss sold tor
NJ. Francis l.. Lee No 56j West l7lst street
,Lree Ftor; frame building, n lot 2jKe5 feet,
New-York tribune., 1911-12-02
SATISFIED MECHANICS LIENS.

18TH ST L. and - west. H9roison walker
Rofracfo-io. 30 agt y 2 T. Construction -
e. ~. juno 20. 1911 S36i.
SAME PROPERTY; joseph Tiuo < 60 aEt
same: july -. 1911, Sil.
DALT AVE-. e. cor of 's0th So savor Gas'
20 agf Krabo- Ernst Realty 90 ~ al. Oct -.
1911 Coy b,udJ. $lJG4 90.
18TH 81 % = 23a5 n ~ "a ave simon
Strlnir ct 20 agt Abraham II Sarasohu et al.
Narcn 90 1911 tby bondJ, Sil -.
New-York tribune., 1911-12-02
MECHANICS, LIENS.

ONERING 81 \. 30 n "a ~ Frlsb, ave
lGNlW. " Mallstt 20 agt Pelham Improve
ntni Co. owner ana contractor, Sl,07i 9l.
WASHINGTON ST. 72C John Walsh as,
Ellen clark, owner aud contractor: 500 %
jsTH ST. Is =, 80 ft " of Itth ave. .o>1on
hunald McAd8m .agt Thedford EltZ 90 owner
Charles + l.owcu. contractor. S2.U0l
1FH AVE. o. r whole front between iOGtb AN.
loth sts, hollNlNo: James Dempsey Go Az
George " Earle. jr, aud James Il sullivan. own
G51 81. 80
9TH ST. rs, ~ n " Of nth ave. eon,
New-York tribune., 1911-12-02
IN THE AUCTION MARKET.

The following transactions were recorded
It tho Real Estate ENchange
salesroom, Nos Il ard Is Nesey street:
BY Joseph T. Day.
1TTH ST. West :. 3,s3 II Of Nih ave. ;''N
81. vacant. sold to - n Olsen for SjJ.3Iu.
l1lST ST. $40 West. 5 8. % n o " Audubon
ave. > sty Hat. 43ox?j. adjourned 30 December :.
At the Bronx exchange:
BY Joseph T. Day.
WALTON AVE, 1922. y s. 1895 II ot ls4th
s.. sly dwg. 10 loX96.6; sold To tho plaintiff tor
$500.
New-York tribune., 1911-12-02
MANHATTAS.

MADISON AVE. n cor s2d -. for 70 10
aud basement apartment. S5.6XSJ: Alpha Con-
struction co. owner; Schwartz a Gross. arhi-
tects $4,000
WATTS Sr Il 3. 30 u OF Greenwich e.. ,or
a sly storage bldg. 6Ox56.3. n kroger, .~1sr;
4 RaNIies. arohitcct. S4O.Nar.
New-York tribune., 1911-12-02
TERATIONS.
MANHATTAN.

J4TH TT. 4l9 West 70 s,y stable y
Black owner \ Coin. architect. 5000
s1ST ST. u = $50 n e. Of Park ave 20 4
3 sty dwg: Bernhard Feifer. owner. y II hoe--
Ter. architect. 5000.
New-York tribune., 1911-12-02
BUILDING LOAN CONTRACT.
NEW BUILDING PLANS.

CROVONA AVE. o 3. 100 r. % ls3d -.
5Ox1nO: CITY Mortgage 60 loans 'Lcar' Esaiy
and Construction 90 $4,000.
New-York tribune., 1911-12-02

REAL ESTATE
El Paso herald. (El Paso, Tex.) 1901-1931, 1911-01-03
Revise Our Mining Laws

revising land
an the states
= proposed It suggested that
chambers of
where such by the county
in sparsly settled counties
wide its
participated by delegates San
accomplished the call
reaches no further than andDe
principal object about such
mining development of the oil and metal
this end of the state knows
that the present in the Of Development
people discouraged railroad and
mining projects specially minerals or lands have made
Propose Most
of the details of the
laws barren of suggestions
do studied
thrash
thoroughly intelligent revision TO be
The representatives,
limit of their ability for the
passage promote the development
people interested
assisted possible
facilitate
rworkat Aust
conducting at Austin
CT of existing
representatives necessary
CT amend Of present
promoting
the from
enthusiastic The
whether shall succeed fail
tanning fair liberal, and reasonable law
El Paso herald. (El Paso, Tex.) 1901-1931, 1911-01-03

Editor FL Pa-o Herald:
Having just returned from a trip to
Washington and Oregon and stopping
over in the principal cities of Cali
forRia l ia Ike pleasure in expressing my
opinion of said places and congratulate
ing Ell Paso particularly. I do not con-
slider any place 1 have been equal to
this city, and surrounding country, for
the people of Ell Paso know what they
have got and appreciate it accordingly
and they do not have to be always on
the move to boost this place. as I no.
tice they do farther west. 1t may be
habit, if so / can and do compliment
the people of California and Oregon on
their adeptness in boosting their states,
for they are all guilty of same, hence
there must be some deficiencies or
many, for that matter. since the citi-
zens as well as land agents will try
their best to impress one of the advant-
ages 10 be had However, l saw moth
ing including stock, produce, especially
fruits and vegetables. that are raised
there, that will equal the same that IL
brought to this city and raised in sur
rounding vicinity, and, too. the people
El Paso herald. (El Paso, Tex.) 1901-1931, 1911-01-03

the week or so after when vo,, S4,tf
have dark brown taste in four mouth
and with bilious eyes surrey the things
You have got, and think Of the things
that You might have had given you
with the same expenditure OF money
and effort
Why even give food ana clothing to
the poor at one particular time rather
than another Aren't the hungry as
Eungry the 18th of June as the 25th OF
December, and isn't poverty a chronic
complaint that lasts from yesr's end 10
years end and Is. always in need OF
succcr2 Why gorge little Johnny and
little Mary on sweetmeaats and safiats
them with too many toys on one mar
ticular occasion. instead OF making a
whole twelve month joyous by string
ing out lclli-pops and new TOYS over it2
When the Lord declared that st Is
more blessed to give than receive He
doubtless had Christmas gifts In mfnd.
Certainly ii lakes less grace to bestow
a hand painted eeIlu1oid comb anc
brush case than it does to receive one.
1t is true that we should not look q
gift horse in the mouth. nor value q
present at its cost Few people do. vet
at the same time nobody will denv that
il is an aggravation to the soul to be
presented with things that you do not
want, and for which You have no use.
while there are 80 many things that
would cost no. more for which you are
simply perishing with longing.
How to Obviate all OF this. and bring
about condition Of affairs in which
merchants shall make Just as many
sales. everybody get their hearts de-
sire. nobody be laid up with a spell OF
post Christmas exhaustion. has been a
problem heretofore but I think have
solved it by the device Of a circular let
ter which each OF US might send out
about December l. This letter would
say. in effect:
Dear Sally Cor whatever the name
might belt is your usual loving and
gracious custom to send me a Christ
mas present VIII you please take the
money that you would spend on il and
buy yourself something that you want.
and accept 1t from me? With the mon
ey that I was going to spend on your
Christmas present. I shall get me a
cutgiass olive dish. which IS the very
thing that I need. and shall never
look at it without thinking Of you and
how perfectly you remembered my
taste. etc, etc Gratefully your.
Mary.
El Paso herald. (El Paso, Tex.) 1901-1931, 1911-01-03
You Will Be Barred Out

February cannot the
referendum election;
constitutional
probably be submitted o this
working
prohibition
prepare express election
probable
during
pocket viii effective he
lived in New
purposes
pay fts worthsness,
poverty
unfit privileges citizenship.
participate activities
governing people.
El Paso herald. (El Paso, Tex.) 1901-1931, 1911-01-03
1AYears Ago To-
From1he Hers-d OF dav
This Date 1897

Mexican engineer Basave is strength
ening the dikes on the south side Of the
river.
The CorraIitos Railway company has
received SO cars Of material for track
laying
III Harper win speak sunday at
the z NJ C. A. on the Trial Balance
Judge BuckIer has signed the minutes
Of the district court and officially end
ed the term
Ben Jenkins submitted to a success
full operation yesterday for an abcess
on the neck
A land slide on the Yuma division
Of the 5 p made the afternoon tran
three hours late
Juarez policemen. have been recloth-
ed and look quite decent, thanks TO
mayor Arriola.
Deputy Internal revenue collector L.
H Coley has returned from a trip on
the lower Rio Grande-
D. G. Upton has enlisted SO men in
Ell PasO. il is said, to go to South A.
rica on a mining expedition
mere IS a good chance for 1aoOrerS
on the Rio -Grande. Sierra Madre =
Pacific road Call on Mr. Tobin at the
Gem saloon
The first really disagreeable winter
weather struck the city this morning
IN the shape OF wet snow. which let
up at noon. leaving the streets very
muddy.
friends Of the Presbyterian church.
OUTSIDE OF the membership. have fit
ted the church with new pulpit. pulpit
eisairs ard coverings. choir chairs ane
J. T. Logan woke up at ? o'clock this
morning to see burglar climbing into
nis window He seized his gun and
let her went and mister burglar
dropped out OF sight and was gone.
J. c. Burge. the well known photo
grapher. died -ew Years day. as re-
sut OF an attack OF grip He was 50
years old He came here five years ago
from Las Cruces The funeral ser
vices viii be uader the auspices of the
Odd Fellows
El Paso herald. (El Paso, Tex.) 1901-1931, 1911-01-03

NJ have an opportunity to 0 realize:
how absurd and homogeneous il
is to celebrate the day Of peace on
earth and good viii toward men by
making all the hideous noises that hu-
man ingenuity can invent and to be-
stow presents that we can't afford on
people who don't want them, until we
reach a pitch where we don't know
which We hate the most-those who
feel compelled to give to US. or those to
who we are forced to give
Everybody, except department store
keepers and doctors. realizes that there
is nothing else in the world in such i'm
perative need of reform as Christmas.
If some bold leader should arise amidst
US today and start an anti-Christmas
crusade he would have million fol-
lowers before nightfall-
In the vanguard would be marching
the millions Of haggard-eyed and over
wrought women, who have worked
themselves to nervous frazzles making
dinky embroidered things that are
good for nothing on earth but dust
catchers and as incubators for death
dealing microbes. Following them
would come 8 pathetic platoon of dis
tracted fathers and husbands. bearing
empty pocketbcoks, and staggering IN
der unpaid bills for Christmas junk
that has been bestowed on defenceless
friends and relatives.
Following these Would be bevies OF
sweet and artless maidens. crashing
their teeth and tearing their hair. be-
cause Tom. Dick and Harry had failed
to take their ingenious hints about
real silver mesh bags. and genuine
pearl lavallieres. and sterling silver
toilet articles and hand painted fans.
etc. Behind these would come hordes
of bewildered young men. vainly trying
TO figure out what the embroidered silk
and ribbon and smelly things were they
had received from certain fair hands.
and how long 1t would take them. by
eating at a quick lunch joint and shaw
ing themselves. to pay for the Christ
mas offering for which they had been
held up by their lady loves.
And tagging at the tail Of the process
sion would be little weeping children.
crying because they had been given
dolls when they wanted railroad trains.
and good Improving books when their
hearts were set on drums, and trum-
pets and billy goats.
Oh. il wouldn't be, any trouble to
start IN anti-Christmas crusade ION
El Paso herald. (El Paso, Tex.) 1901-1931, 1911-01-03
IRRATIONAL TAXATION.

Editor FL Paso Herald:
I wish to express my appreciation Of
the editorial on Rational Taxation"
which appeared in a recent issue of
your paper. It was gratifying indeed
to see compressed within so brief an
article all the evidence of a clear ap-
prehension of the justice and expedi
ency of taxing land values.
There is daily evidence of a more
sympathetic attitude toward this re-
form among practical minded men, Re-
cert papers from my home city pitts
burg) contain extended interviews with
our city controller, and with the senior
member of one of the most prominent
neal estate firms in the city, in which
they give their unqualified adhesion to
El Paso herald. (El Paso, Tex.) 1901-1931, 1911-01-03
LTNcIwEA 1rs Denafured Poem

IN bstly that
il his
and tired of this wTetched life
There i a wife, The wife OF the rich
MONOT Whit dame might well be
0NY chores I'm wearied
by stately bOres; I'm always choosing the proper gown I'm al
the things! WISH
with
a coff till the
afis
with because each
little off his and
doing the old things
copyright ..lo ., o.e.s. u..~.~ .a.a. LDa.1E..->-
El Paso herald. (El Paso, Tex.) 1901-1931, 1911-01-03
The Rich Yuma Country

xUaIA special
project at first
payment
dorado iver greatly extending
The
plans
owing is
valley
country agricultural possibilities
valley
producers vegetables
growing
profitable n la
El Paso herald. (El Paso, Tex.) 1901-1931, 1911-01-03
OUR LATEST COMPLIMENT.
7ftor FL PasO Herald:

Ell Paso. Texas, Jan. 2
The FL Pasoans and the western peo-
pie in general have spent thousands of
dollars in advertising and the people
back east and north are duly impressed,
a fact easily substantiated when l tell
you that I get letters by the hundred
asking about Ell Paso, west Texas, and
the southwest. I get every kind, from
inquiries regarding real estate values,
to requests to find homes. also to. look
up lost strayed or stolen friends. But
it remained for a Wisconsin miss to
cap the climax with a request to know
eff FL Paso ladies wear hats, and If so.
if they change them with the seasons"
I wrote her that we had some magnffi-
cent emporiums along the great white
way which closely resembled heaven
1 left the rest for her to guess.
Ella P. HsuSt.