New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-05-11
Republic of Panama to
Dispose of Site in
Foreclosure.
PARCEL LOCATED ON
CENTRAL PARK WEST
Is a Twelve Story Structure at
65th st. Corner-Offerings
for the Week.

Inc Twelve story apartment mouse AT
the south corner OF Central Park West
and 65th st, on a plot 1Oo.5x125 feet, will
be sold at auction by Henry Brady in the
Vesey st. salesroom to-day.
1t will be disposed of In foreclosure
proceedings under an action brought by
the Republic Of Panama against the
Apartment Holding Company and others
TO secure a loan of 100000, which. with
interest. etc. amounts to about $4,000.
There are also back taxes on tho prop
erty amounting to nearly $4,000.
Back in 1904, when Panama received
tho $4,000, coo from the United States for
tho canal, the republics fiscal agents
came 10 this city and made arrangements
with the law firm of Sullivan &c Cromwell
to invest large part of the money In
New York City real estate mortgages. In
the neighborhood OF $4,000 was put out
in this manner and the Prasada property
is the first instance where foreclosure
proceedings were instituted by the repub-
lie. II Panama is forced 20 take the
property at the auction sale il has ar
ranged To take the title in the name of a
corporation formed at Albany last week.
This is known as the 80 Central Park
West Corporation. which was formed by
Sullivan & Cromwell, with three employees
OF their Office as directors.
All the loans in Manhattan were made
on improved properties. apartment houses
along the upper West Side and CONNER
clal buildings in the midtown and down
town districts coming in for large share
OF attention.
Bryan l.. Kennedy will offer several
valuable parcels in the Nesey st. sales
room. Among them are two dwellings at
the southwest corner of Lexington av.
and Ilsth st.. two large Katonah av. plots
and two cottages at Long Branch. n. ].
A complete list Of the offerings for the
week in the Bronx and Vesey ST. sales
rooms follows:
TO-DAY.
At IA Vesey st:
BY Henry Brady.
CENTRAL PARK W. co. sw 6jth,
100.5xl25. u sly Prasada apt; Republic OF
Sullivan & c, attys; a d Truax. ref; due
S29,907 80; taxes. etc, $23,SS5.
BY NJ. Morgenthau, Jr., & Co.
9TH ST, 125 W, 5. 325 W 9Th ay, Ok
1901. . sty tnmt q str; j kavanagh agt
NJ VI KaVanagh ct al; 4 Fenlon, atty,
II Gregory, ref; partition.
BY Herbert G. Sherman.
BROONfE ST. 42-44, n s, Sc Lewis st,
ss9x75. 6 sty tnmt & strs; G. W Dibble aGt
n Tuckman ct al: w f Wund. atty; w
II Chadbourne, ref; due, S36,4il As; taxes,
etc, $2,OS1 g.
BY Bryan l.. Kennedy.
9th ST, 333 ", s, 40 W West End
aV 25xlOV5. . sty tenmt: NJ y Agnew agt
| j DanZiger ct al; Worcester, w q >,
attys: { Brady, ref; due, $4,000 81;
taxes. etc, $3.50.
TOMORROW.
At "A Vesey st:
BY NJ. Morgenthau, Jr. * Co.
10TH ST. IS W, =, 100 g Col av. Ask
100ll, sty apt hse; ii Il barrow agt /
Stodder ct al. Sparks, f & 5, attys; \
Anderson. ref: due, Sl.03J %; taxes, etc,
81 $50 60; sub to LIST mtg S6o,OW
BY Joseph 2. Day.
9STH ST, 81 TO Al W, E, 800 Col ay'
5OXlOO.I1. sly fat q strs. Peerless Hold
ing Co agt Anton Rinschler exr, ct 81;
Lind * =, attys Henry Fluegelman, ref,
due. sl7,320 81; taxes, etc, Sis. -, ~.
GRAND ST. SO, 3 9, 81 W bway,
90 act ii Harris ct al; Stewart az 5,
attys; G ID O'Connell, ref; due, SlLiS0 81
taxes. etc, $iS9 80.
BY J. II. Mayors.
PRESCOTT AV. n s. 225.lo e Bolton rd.
1O0x2g7.1 0x to Nichols pl XlViNZs5.o, va
cant. n p Cole agt Z Rechnitzer ct al;
w Il Wund, atty: II II Herts. ref; due
$l5,563 IS; taxes, ETC. SSo'
At 390S Third av:
BY Joseph Z. Day.
152D ST 4Ol E. n c cor Melrose av. 9Oxloo.
txyo 3 sty tennis and stores, Timothy
sullivan agt William Davis, Jr, ct al, NJ
j sullivan. atty; Sidney Harris, ref; due,
81 .309 a. taxes, etc, $,215. o--,-o-.
PARK AN, BIO, Q s. lOi l'Oth 81, -2 S,iol,.
3Oxl50, 2 sty shop; Ruser agt kuser
ct al; q Goodman, atty; Irving WASH
burn. ref; due, S2052 SO; taxes, etc, Sls5 Y,
sub TO a prior mtg $3.50.
HOUGHTON Az, 2, 400 Olmstead
av. l75xlO31; + Rauch agt y Wolfrath
ct al; Gerlich & ;. attys. I Morgan, reI'
due, SLID p; taxes, etc, Siol.
By d p Ingraham & Co.
MORRIS Az. s99 W s. 1913 l64th ST.
23xlO5. vacant; Lien Investing Co agt
A c Wildey ct al; \ o Ernst atty; +
Ingraham, ref; due, sl,4O6 80.
BY Herbert \ Sherman.
WALTON Az, 3. 5l.4 1l2d st, SIX
IaIx-. gore. vacant: s NJ Barber agt j
A Woolf ct al; action /; B G Balm, atty,
g Bostwick, ref; due, 1861 g; taxes, etc,
s2N 10.
OK WEDNESDAY.
At II Vesey st:
BY Joseph p. Day.
12sTH ST. - W. g. 1915 e Lenox av.
l2.6xgQ.li, sty dwlg; G A Sherman ct al
agt |, G. Juram ct al. Bowers & ;. attys;
- a4uO %.