davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1913-05-25
Former Duke Property
on Fifth Avenue ReSOld

basement high stoop houses, on q plot
40xl00.ll feet situated 105 feet west or tho
Lenox avenue subway station. The deal
aggregates close 10 $4,000.
Pease & Gilman have sold for Mrs.
Mary c. Davis. OF Paris, France. the
three story house situated in the so-called
Honeymoon Row." between Madison and
Park avenues, known as No. 81 East S2d
street. The purchaser is Mrs. j. Newton
Perkins, who owns No. SO. adjoining. The
size of the property is 1910 feet. and, No.
50 being the same size. gives Mrs. Perkins
27.S feet which will be offered for resale.
The O'Gorman estate sold TO Catherine
r. Mencke Nos 492 and i9i East 10th
street, two three story brick dwelling
houses, on a plot 3S.4xloo feet S. II.
Frankenheim was the broker.
Thomas J. OReilly sold for Mrs. Mary
C. Mcguire the five story single fathouse.
on a plot lSxl001 feet. at No. IA East
18th street. to an investor.
Mrs. Mary T. Donovan has sold the
northeast corner OF Tenth avenue and
34th street four story tenement house.
on a lot 201Ox14.1 feet.
New-York tribune., 1913-05-25
BROOKLYN SALES.

Thomas Kilcoyne sold for Richard NJ.
Neehan No. 1858 SD street a t"o-iamliy
Queen Anne cottage, on plot 50Al'o fee''
TO NJ. Witte. OF Manhattan.
NJ solomon & Son. Inc, bought Nos.
sas and 400 South 5th street. plot ooXl''
, feet. and will build six story alartment
house TO cost $1,000.
John r. Burke sold for the lanoor
Realty Company the four story apartment
house in course OF construction. on a
plot 40xloo feet north side OF I'D street
100 feet west Of Fifth avenue.
IA Baffa & Co. sold the six story and
basement factory building. 15Xln feet
formerly occupied by the Thomas Snoe
Company. and located on the southwest
corner Of South 5th and Hewes streets 10
|. Rokrach & Sons. Inc.
The Bulkley- Horton Company sold NO
2s7 Lenox Road. between Nostrand and
New York avenues. a two and a nall
story frame dwelling house. S0xloo' io'
Walter MacAdam TO Mary j. Saddlhg'
ton.
Wood. Harmon g. Co. sold five lots
corner Of Avenue f and Ocean avenue
! kingsboro. TO f. \. Robbtns at Hyoe
Park. a two lot corner plot at Avenue
ID and schenectady avenue. to /. j.
Sloane; corner of East 10th street aho
Avenue D, to Walter Paquette. and the
corner OF East 45th street and Avenue L
to Dr. L. II. Dion. --,,.
Joseph y. Nen sold for Susie GrissleI
the two two-family houses Nos 1879 anG
.oS East 2sth street for d. irving colaD Meao
street. for Lillian {. Mean. No. Hol
Clarendon Road. a three story dwellins
house: for Maria Roberts. 5Ox225 feet
south side of Snyder avenue, 500 teel
west of Nostrand avenue. and runnlns
through 10 Alhemarle Road. and for Max
| Kurzrack. 60xl0O west side OF Nostrano
avenue. 200 feet south OF Avenue *.
New-York tribune., 1913-05-25
Morris Park Lot Sale
Less than a Week AwQv

and Pelham Bay Park. two miles in
width, six different transit lines, with a
total of twenty tracks.
The Bronx is now built up to the
boundaries Of Morris Park, and its early
development would follow. even with ex-
listing transit facilities, but the immedi-
ate increase in these facilities is impor-
tant in its bearing upon the probable in
crease of realty values throughout this
section.
To show the close relation between
rapid transit and real estate values ii is
only necessary to look at the Tax Depart
ment figures for what is designated as
Section 10 on the Bronx tax maps This
section includes the Hunts Point district.
through which the present subway was
opened in 1904 bounded by ST. AIMS and
Third avenues on the west 169th street on
the north and the Bronx and East rivers
on the east and south. In that section
New-York tribune., 1913-05-25

the dividends paid run from to 40 per
cert
Senator Pierce went on:
Can the above condition Of affairs be
defended? Should the banking business
of the state thus escape taxation? The
business is profitable. IL not only de-
mands. and receives. fire. police and court
protection equal with other business, but
in sense it receives greater considera-
ton, for in times OF financial stress, when
other business must stand alone, the
Treasury gates at Washington are opened
for the relief of the banks.
AT the Tax Commission hearing al
Newark last summer. and again at the
Senate hearing during the winter. your
committee urged that banks receive only
the same right OF exemption held by In
dividuals. But this brings out the pre-
else point You are not individuals; you
are corporations. given privileges Of dis
count and deposit. receiving supervision
at public expense and possessing limited
corporate liability, instead Of full indi-
vidual liability. Debarred by federal law
from imposing a franchise or other cor
porate tax, the state can reach your
corporate privilege only through stock
assessment. You are thus differentiated
from the individual.
New-York tribune., 1913-05-25

York plan a straight l per cent upon
market value, with real estate deduCIeu'
"Second-TaXing market value less reaI
estate at local rate. but permitting onset
Of exempt securities TO the extent OF sur
plus earned and undivided profits earned.
"Third-Taxing market value less reai
estate. at local rate. but permitting onset
OF such proportion Of exempt securities
as the capital. surplus and undlvided
profits. less real estate. bear to the ehtire
assets less real estate.
NY hope is that you will decide 10 CO.
onerate with the Tax Commission IN
placing upon the statute books some idli
measure through which you VIII pear
your just proportion Of the tax burdens
Of the state
New-York tribune., 1913-05-25

mittee." The Urion Senator. however, in
sey Bankers Association Senator Pierce
urged the bankers TO cooperate in the
passage OF an equitable bill.
He quoted from the reports OF num-
ber Of county tax boards to show that
very little bank stock now paid taxes
although It was much more valuable
property than real estate. In Atlantic
County. for instance. he said that no tax
has been paid by any bank or trust COM
pany for two years. OF the eight institu-
tions in Atlantic City the market value
tends TO continue his night, and 1t is un-
derstood that he expects il will be part
OF at least the Republican platform next
fall
At the recent meeting Of the New Jer-
Of the stock runs from $3.50 TO sl.W and
New-York tribune., 1913-05-25

the assessed valuation Of land alone. with
out buildings. rose from about 10000
in 1900 to about $50. 900, 900 AT the present
time, an increase roughly OF 300 per
cent. The Morris Park section will get
more in the way of rapid transit during
the next two or three years than did the
Hunts Point section in the ten years of
its remarkable growth
Specific instances of the profits made by
those who have bought property at auc-
tion in the path of The Bronx's inevitable
growth are numerous.
in 1895 the Faile estate property in the
Hunts Point district, was sold by the
Faie heirs. II contained about one thou
sand lots. and the selling price showed an
average Of $500 a lot. To-day these same
lots are valued at from 5000 to 5000
each. ,.4
The Offering Of Morris Park By the
State Banking Department. under the
conditions under which that property IS
10 be sold" said Messrs. Day and Davies
yesterday. presents. in our opinion. an
opportunity for the small investor In rea!
estate which has never been equalied.
! Low-priced lots have been offered before.
/ This is not the first sale affecting prop
| erty in a neighborhood marked for exten-
/ sive development and giving every prom
/ Use of rapidly advancing values. but never
within our experience has there been an
| offering of property which combines both
Of these essentials to so marked degree
as does Morris Park.
In any attempt TO tell what Morris
Park lots will bring one mans guess is
as good as another's. for the property Is
TO be sold, with the public in sole control
Of the prices With 20 per cent Of pur-
chase prices allowed to remain on mort
gage II is not unlikely that 800 in cash
will be the means Of picking up bar
gain. while on the basis OF current prices
in the neighborhood a few hundreds ought
10 place a bidder in position to share
some of the best lots in the property
New-York tribune., 1913-05-25
CANNOT TAX THEIR VAULTS
Victory fer Owners of CortIandti
Street Property.
DECISION IN TEST CASE
Justice Greenbaum Says Land
lords Hold Right to Space
Under Old Laws.

The city cannot tax property owners IN
Cortlandt street for the space occupied
by them fer vaults under the sidewalks
abutting on their property and extending
out from the building lire five feet. ac-
cording to decision handed down in the
Supreme Court yesterday by Justice
Greenbaum. The decision applies only to
property owners in Cortlandt street
The Corporation Counsel asked the
owners 10 get licenses for the Use OF tha.
space. He also sought TO have the own
ers pay the regular fees according to the
number of square feet of space occupied
by the vaults. Furthermore, he asked
the court il the city could close up tha
vaults unless these conditions were COM
piled with by the property owners.
Justice Greenbaum declares that the
city has 20 power to impose any such
fees on the property owners in Cortlandt
street. The decision was based on tha
peculiar way in which the land which Ia
now Cortlandt street was opened up TO
the public
The justice says Cortlandt street was
originally a part of the farm of old
Burgomaster Oloff Stevenson Van Cort-
iandt. and that the land was opened un
for a thoroughfare in 1874, at the time
the property was owned by Katherine
Philipse. the daughter OF the old Burgo-
master.
The Dutch law. which prevailed when
the land was given over TO the Van Cort-
landt family. was in effect. that when
n street was opened up through a farm
In those days the city took full posses
sion Of the land. AS opposed to this
theory, the English common law. which
prevailed when the EGglish captured tho
town from the Dutch. had the basic idea
that the city enjoyed only an easement
through the land. Also certain ground
regulations of that time provided thar
the property owners we're in possession
Of the land for FIVE feet. extending from
the building lines OF their respective
buildings. Justice Greenbaum finds in
favor Of This latter theory. as far as the
Cortlandt street vaults are concerned.
Borough President McAneny recently
instructed superintendent OF Publl,
Works rockingham 20 proceed aea,ns,
the vaults In Cortlandt street and mako
the property owners pay fees for tho
space occupied by them under the side
walks adjoining their property. This tes,
case followed. The property which hg-
ured in the action is at No. i7s Broadway
and Nos. 10 and IL Cortlandt street. II "a
owned by Nina Maquay. daughter OF
James f. Cooley. deceased. and by the
two children OF another daughter. Mary
c. Leavitt. These two children are Cathe.
rine ID. l.. Parsons and James f. c.
Leavitt. William ". Appleton is trustee
Of the estate, and j. Hampden Dougherty
is counsel
New-York tribune., 1913-05-25

Mr.. Dominicks new home is an impos-
ing structure of sixteen rooms. with boun-
tiful spaces in halls. hreplaces, closets
etc. II occupies a plot l35Xl5o feet on the
northeast corner Of Bellwood and Palmer
avenues and commands splendid Vie"
of the Hudson for many miles up and
down the river. In its architectural de-
sign. substantial construction and land
scaping effects the house harmonizes adj
mirably with the general group of Phil
ipse Manor houses.
Ii is Of hollow tile construction. faced
with stucco. fiat red tile roof. copper
cutters and thoroughly equipped with hot
water heating apparatus. electric fixtures
and sewer connections. The general finish
Of the interior is OF mahogany and white
enamelled birch. with white glazed tile
on floor and walls in the several bath
New-York tribune., 1913-05-25

steady decrease in the taxes paid on
this particularly valuable class OF prop
erty. until now practically no taxes are
collected on il. In New York there Is a
fiat tax OF per cent on the capital ana
surplus Of banks. and every body IS salts
fed In New Jersey the banks pay prac-
tically nothing.
Senator Carlton b. Pierce, Of Union
County. who was chairman OF the tax IN
vosticating committee which recently
pointed out these conditions, has set
about TO bring about a change In tire con-
ditions so that the banks will be on the
same plane AS the ordinary taxpayer.
Most Of the taxing authorities IN New
jersey are cooperating with the Senator
I'm his night. Senator Pierce introduced a
bin At the recent session Of the LeGis-
lature. but IL did not get out of COM
New-York tribune., 1913-05-25
BUY STATEN ISLAND TRACT
Large Parcel at Tompkinsville Bought
for Improvement.

Moffatt e. Schwab. OF Tompkinsville.
Staten Island, last week closed one OF the
largest real estate deals in point OF acre
age in the history Of Tompkinsville IN the
last half a century when Mayer Rosen-
holz and Henry F. Comtos purchased
from the Farmers Loan and Trust COM
pany. as trustees of the Ward estate, the
following property: Beginning at point
on Richmond turnpike. nearly opposite
Jersey street. and extending thence along
the turnpike to Cobra avenue across
Zebra avenue to Ward avenue, and along
Ward avenue 10 a point about opposite
the entrance TO the home OF Lewis NNoh'
and thence across the hill TO the turn
pike. The property contains about lSo lots
and is 10 be known as Bay View PARK
The new owners have secured the ser
vices Of a competent engineer and the
property will be Immediately developed
and laid out in building lots, with streets
New-York tribune., 1913-05-25
FINE BROOKLYN BUILDING
100000 Structure for Court
and Joralemon Streets.

The building now in course of erection
at Court and Joralemon streets, Brook
lyn, is designed upon the most advanced
type OF office building construction.
The facade will be twelve stories in
height the first three stories Of which
will be laid in rustic cources OF lndi-
ana limestone. The next seven stories
will be of a warm, buff-colored brick,
trimmed with terra Gotta. and the two
upper stories will be of mat-glazed poly
chrome terra Gotta the entire surmount-
ed by an ornate cornice and balustrade.
All corridors will be tiled.
The upper floors will be supplied by
four high speed direct electric elevators.
These elevators, as well as all the light
ing and power in the building, will be
supplied by the installation of a power
plant in the sub-basement, which plant
will be duplicated in the event OF a
breakdown.
The main corridor will be handsomely
decorated with imported marbles and
ornamental plaster work. Drinking foun-
tains will be supplied on each floor. A
mail chute. vacuum cleaning system and
all up-to-date appliances will be in
stalled. The grade floor has already been
leased. and will be occupied by the Mas
sau National Bank OF Brooklyn. who
contemplate fitting up their quarters with
all modern equipment. The basement
has been leased TO the Subway Lunch
Company.
The building, which is TO cost $5Oo.UO.
is owned by the Weinbro Realty Com
pany. Of this city. William E Lehman.
of Newark, is the architect.
New-York tribune., 1913-05-25

and avenues, containing all improvements
in the way of sewers. gas, electricity, etc.
A few cottages will be built, to be sold
on easy terms or for cash.
This is a desirable property, large
section Of it commanding a fine view of
New York Harbor as well as of New
Jersey and the surrounding country. II
is directly on the line of the Silver Lake
trolley; also within easy walking distance
of ST. George and Stapleton ferries. as
well as the Midland trolley.
Reservations can be made at any time
by prospective purchasers. Maps are
being prepared. and full particulars can
be had and satisfactory terms arranged
at the office of Moffatt & Schwab. Tomp-
kinsvillt.
New-York tribune., 1913-05-25

Moreover the right Of exemption
which is the point in issue, is only an IN
cident with the individual. and is barred
by express provision of law when the
purchase is for the purpose OF exemp-
ton. At the Senate hearing your COM
mittee urged with earnestness that, II
denied exemption. YOU would cease TO
purchase exempt securities. TO the detri-
mont of the municipal bond market. The
argument discloses with emphasis thA
fact that present purchases, AT least in
part, are for the purpose Of exemption.
Accordingly. were you the individuals
whose rights you claim. YOU would ne
debarred under law from the exemptions
you now enjoy
But discussion OF these questions
seems To me frutless. The broad fact in
the case, which nothing can hide. Is that
New-York tribune., 1913-05-25

THE.

the banking business OF the state receives
the fun benefit of government and
should share its burdens.
What. then. is the solution Of the pend
ing question? Representing the Tax Com
mission, | venture to submit these plans,
any one of which would be acceptable TO
the commission:
"First-The New York plan of a
straight 1 per cent upon capital, surplus
and undivided profits. without exemption
for real estate.
TO meet the decision in Newark agt.
Tunis. No 52 Vroom i5 affirmed by the
Court OF Errors and Appeals. 81 Atlantic
1927, that market value and not book
value must be used. and because market
value in general exceeds book value l
suggest as a modification of the New
New-York tribune., 1913-05-25
Purchaser to Improve Vacant
Parcel Near 89th Street
-$35O,O00 Apartment
House Trade.

Henry y. Winans & May have resold
for DR.. Charles v Paterno the vacant
lot on Fifth avenue. 81 feet south Of SSth
street. with a frontage of 26 feet and 100
feet I'm depth. This Immediately adjoins
the home OF B. y. Duke and adjoins the
site secured through the same firm by ".
Everit Macy from the City Real Estate
Company. for his home. The purchaser
OF this plot will Immediately improve.
The buyer Of the Paterno plot will I'M
prove it.
This is the third sale by Henry d.
Winans & May in this section recently.
the largest one being the sale OF the An
New-York tribune., 1913-05-25

drew Carnegie plot, at 91st street. 100 feet
on the avenue and AZ feet In the street
Philip Jeselson sold for the Arco Realty
Company the Paul Jones. a six story ele-
vator apartment house. covering the
westerly block front OF Wadsworth ave-
nue.. from lS4th TO lsjth street. l'Sp feet
on the avenue and 70 feet In each street
The house, which contains forty-eisnt
suites and is fully rented, has recently
been conveyed by the American Real Es-
tate Company to the present vender'
Louis Auerbach. the buyer OF the faui
Jones, gives in part payment Nos loi ana
los West llsth street. two four story aho
New-York tribune., 1913-05-25
n. J. TAX QUESTION
Most Bank Stocks in the State
UnaSSesSed.
PLEA FOR CHANGE IN LAW
Senator Pierce Says Institutions
Should Pay Their Share
of Expenses.

one Of the moot questions among the
taxing authorities Of New Jersey just now
is the assessment and collection OF taxes
on bank stock. Up to eight years ago
other ratable. the assessment being made
and collected in the municipality when
the stock was feld. The Legislature OF
1905. however. passed a law known as the
bank act. and since then there has been
New-York tribune., 1913-05-25

rooms. The great dining room on the first
floor is finished in quartered oak, with
beam ceiling.
The principal bedrooms, OF which there
are six are equipped with full-length
bevelled glass mirrors in all doors. A
distinctive feature OF the house is the liv-
ing room. 1910 feet by 2ilo feet. with its
immense fireplace constructed Of import
ed Dutch tile said to be three hundred
wears old.
New-York tribune., 1913-05-25
HOUSE IN FINE SECTION
Features of H. A. Dominick' S
Home at Philipse Manor.

Maynard A. Domnick. treasurer OF
Frederick a. Stokes & Co. publishers.
has just completed and begun to occupy
his new home at Philipse Manor-on-
the Hudson
New-York tribune., 1913-05-25

SCHNEIDER & Lebler have been appointed
agents for the six story apartments occu-
pying the block front on the west side OF
Broadway. between lS3d and l5ith streets
and the two six story tenement houses al
the northeast corner Of Tenth avenue and
26th street
New-York tribune., 1913-05-25

ports represents the increase Of trade be-
tween this country and Canada
New-York tribune., 1913-05-25
APARTMENT FOR IsELlN.

Pease & Gilman leased a large duplex
apartment, at No. 2s Park avenue 70
Oliver Iselin, jr
The chronicle=news. (Trinidad, Colo.) 1898-current, 1913-08-28
1ARNEs' THREE-Ru0
TRAINED WILD ANIMAL
CIRCUS COMING

The. education OF animals has been
an interesting study. and the Goa
trolling mind OF man over bcatt crc.
alton always one Of admiration.
When the celebrated Al g. Harness
thrce-ringcd trained Wild animal
show comes here Monday. September
lath. people will have an opportunity
never before offered to scc the finest
collection Of trained animals ever
placed on cxoibition. They are not
the animals TINT have been educated
with the cruel whip ms nm educator.
hut ~Indnc~s. They are educated by
fearless male and female trainers.
They sccm proud Of what they can
do. and appreciate the applause ~
much m the most vain artist. Harness
Animal Circus has been seen In all
tho leading cities. and In every one
they have been accorded the palm for
their merit and perfect Orxani8atlon.
Col. Harness In as well known
Throughout, the show world IN any
show man. and tho very fact that u
Ia under his personal supervision Ia Il
guarantee. that II viii be up to III"
Highest standard. Among the special
features will be:
Maud, RoIiin. introducing "Ncro'.
the African L.io.. who rides n swI.,
running horse: Captain Sioucwali..s
educated sea Hons: "FIorenc", the
Frcpchh anixaj trainer. and her
group Of Persian leonard lions and
mumax: Thornton.s 1. siberian bc,rv
Emcry's Siamcsc elephants. Dolly
Castle, dancing In "A croup Of lions.
"BIa ndin", the ropc walking shc,.
lam, ponv. 9Th. R,d,,c ro,-.. ,,,.
The chronicle=news. (Trinidad, Colo.) 1898-current, 1913-08-28
Mighf Marskal's IL
Calico Pony Runs
A,pay; Breaks Leg, Shot

Bill raw the Glar, of fireworks
and heard the music and started
prancins. Just then a bail al fir.
shot hy his head aud he became
frightened. nil stopTcl irrnrins
and breaking away from the srasD
OF Louis Mor.au dashed down the
street at mad pace. Biii. the faith
fui horse Of niKht captain Harry
Lewis. turned his ankle AMI Police
officer cnskey ended the animals
suffering with u bullet.
Last hiEht Captain Lewis left Bi!l
attached TO his familiar old buggy
Nv the birthstone In from. at the
White FRONT saloon aud busted hiT-
self with the duties Ut u Traffic no
liceA,an ON the main corner. The ex-
citement and the moxi- and the fire
works were too much Cor the gentle
beast that has for years been a.
much part Of Lewis as his x,ar. Fiji
Just naturally rem away and injured
himself. 50 that he had TO be shot.
Lewis has owned the horse for
more ti,an five yesrs aud has carried
him ON his rounds lay by day. Tho
horsc has done good work on cleo
ton days also. Thus the passIns of
Biii In mcurn-d ut tn, police Etation
no icss than by the owner.
The chronicle=news. (Trinidad, Colo.) 1898-current, 1913-08-28

tablespoons butter; add one cup sug-
ar slowly. one egg and two egg yolks.
Beat with an egg bcatcr two minutes,
add half cup milk and one and
three quarters cups flour sifted with
two and one-half teaspoons baking
powder. Use the egg heater instea d
OF the spoon for mixing the cake.
For the filling, beat half a pint OF
cream chopped pineapple and pow
dercd sugar to sweeten. Canned pine
apple may be used.
The chronicle=news. (Trinidad, Colo.) 1898-current, 1913-08-28
Nm. Cornell Hos.. -

Mrs. l.. ). Cornell, war IN" hostess
this afternoon to the Soc,h Side Aur
tIon bridge Club at her home or
Walnut street. The rooms wcr"
prcttiiy Decorated with sHrdcn flow
crs. lavender and white TarM.EE tn
color scheme which was carried out
perfectly. The afternoon ~a' de-.
voted to playing brstis'. sft"r which
q dainty two course 'nnrhron was
served by tho hos,eaH l., Ms. Roy
Campbell. Those invited were tn.
Mcsdamcs ]. u. Harper. r. l.. Allen.
r. n. Pattison. ". u. Nic:,cls Of
Denver. \. W. Mctiend-.r. ). \. Wy
coff. r. J. Rice. Fred " Clark. Jas.
G. E:spcy and guest Mr. Wa'tha'.
Roy Campbell. Bert Grcr"r:. u. u.
Sine and guest Miss c'arhs"n.