davidaulloa/AmericanStories huggingface dataset:
Rockingham post-dispatch. [volume] (Rockingham, N.C.) 1917-1965, 1919-09-25
LAND ENTRY.
North Carolina,
Richmond County

North Carolina,
Richmond County.
!, A. E. Terry, of Richmond County.
North Carolina, claim and enter SO acres
of land in Marks Creek Township. Rich
mond County, North Carolina, bound and
described as follows:
Beginning at large pine and 2 large
pine pointers, South of Hitchcock Creek
and west Of Dead Mans Branch and
Northwest corner of a pine fiat being
the beginning corner of SO acre tract
of land granted to Elisha Gibson, now
Nathaniel Gibson's; and runs as said land
N. IS degrees East 22.50 chs. to his sec
ond corner a stake with one pine and
two black jack pointers; thence N. II de-
grees E. 22.50 chs. crossing Dead Mans
branch to a small lightwood tree three
pine pointers: thence S. IS degrees West
2250 chs to stake three pine pointers;
thence S. IL degrees West 22.50 chs to
the beginning; same having been entered
on 18th of July, 1889, in the name of
Stephen Gibson as will appear from the
records to which reference is hereby
made in Book @" of Grants, as recorded
in the office Of the Register of Deeds for
Richmond County, North Carolina, Page
ia. The said land is vacant, unapprop-
rated, and subject to entry.
Entered this the 31st day of August,
1919.
A. E.Terry.
Notice is hereby given that warrant
of survey will. be issued on the above
entry unless protest is made to the un-
dersigned Entry Taker within thirty 1907
days from date hereof. This 3lst day
of Aug. 1919.
R. L. johnson.
Entry Taker.
Rockingham post-dispatch. [volume] (Rockingham, N.C.) 1917-1965, 1919-09-25

Pursuant to the powers contained in
the judgment of the Superior Court in
the action therein pending, entitled: wv.
L. Parsons, Trustee and Bank of Pee Dee
VS. H. S. Ledbetter and others" the under
signed Commissioner will, at the court
house door in Rockingham. N. c. on the
first Monday in October, 1919, it being the
9th. day of October. 1919,
at IL o'clock M, offer for sale to the
highest bidder for cash the following de-
scribed land, to-wit;
A certain tsact of land lying and being
in Richmond County, N. C. in Mineral
Springs Township beginning at a pine,
two pine pointers, about 200 yards south
west of Gum Branch and on the level
above the heak of said branch, and runs
south 20 degrees west go chains to cor
ner; thence South SO degrees East lis
chains to a corner; thence North 20 de-
grees Fart 60 chains; thence direct to the
beginning, containing SIX HUNDRED
ACRES, be the same more or less, and
being the lands granted by the State of
North Carolina to Neil Currie the 14th
day of January, 1882, subject to lappage
at the east corner with the following
metes and bounds: Beginning at north
east corner of above described tract and
runs South 20 degrees West 10 chains
thence the lappage line South 81 IA de-
grees East 50 chains, and then thence di-
rect 51.75 chains to the beginning, con-
tanning 48 As acres, more or less, sup
posed to have been conveyed to Mont
gomery Bostick or Page Brothers and
being the same land conveyed to H. S.
Ledbetter and D. M. Morrison by John
M. Farley and wife by deed dated the
18th, day of September, 1909 and duly
recorded in the office of register of deeds
of Richmond County in Book 81 at page
l52 ct seq.
This the 3rd day of September, 1919.
Fred w, Bynum,
Commissioner.
Rockingham post-dispatch. [volume] (Rockingham, N.C.) 1917-1965, 1919-09-25
Administrators Notice.

Having qualified as administrator Of
the estate of the late Mrs. Martha f.
Hicks, this is-to notify all persons having
claims against the estate of the deceased
to present them to me on Or before the
18th day Of August, 1920, or this notice
will be plead in bar of their recovery.
All indebted to said estate will please
make Immediate payment.
This. Aug. 18th, 1919.
James F. Hicks; Adm.
Rockingham post-dispatch. [volume] (Rockingham, N.C.) 1917-1965, 1919-09-25

Under and BY virtue Of the powers
contained in certain deed Of MORTGAGE
executed qy N. ]. Archer and wife 10
Malcolm Blue on the 18th day Of January
1918 and duly recorded in the office Of
Register Of Deeds for Richmond County in
book iO7 at page 4SS, the Undersigned
morteaeee will at the courthouse door in
Richmond County at Rockingham. N. G.,
on Saturday. Oct. 4th, 1919, at IL O'Clock
m, offer for sale to the highest bidder
fof cash the following described land and
fully described in said deed Of mortgage.
to-wit
A lot or parcel of land in Beaver Dam
township, Richmond County, y. c., be-
ginning at stake N A degrees so degrees
w OF 7l6 feet; thence S S. A E or 54.3
feet: thence N q. 40 E il67 feet; thence
S S. E or 272 feet; thence S 81 For 1850
feet; thence S IL 4 W or 1875 feet
thence N 49, 400 W or 1898 feet; thence
N 81 W or M6.9 feet; thence N r. S. W
or Ito feet thence N 6515 W or SO feet,
thence n ST. 40 W or 1870 feet. thence N
81 Is W or 16O feet to the beginning con-
tanning 80 acres more or less, excepting
rom the operation Of the above deed
one and iour-tenths acres heretofore con-
veyed to Thomas Blue and one acre. con.
veyed to Peter Mckay which is excepted
in Warranty Deed Of the above described
boundaries and is not hereby intended to
be conveyed by this deed.
This Sept 3rd. 1919.
Malcolm Blue, Mortgage
Rockingham post-dispatch. [volume] (Rockingham, N.C.) 1917-1965, 1919-09-25
House For Sale.

An attractive house and lot on
Kinney street. House practi.
cally possession at once.
terms cash. For particulars see
Thomas and Phillips, Rocking
ham, N. c.
New-York tribune., 1919-02-08
Natanson Buys
Tacoma Apartment
Takes From Syndicate House
Near 10Th Street
Corner

The Tacoma, the six-story apart
ment house at 1854 to 1870 st. Mich
olas Avenue, has been bought by Max
y. Natanson. president of the Mason
Realty Company. The house contains
thirty-two families and seven stores
Ryrne q Bowman sold tho property for
the Allencl Construction Company
which is Heilner & Wolf and Benjamin
Mordecai. The sellers were represent
ed by Wolf G. Kohn, and the buyers by
Alexander B. Natanson.
Many West Side Flat Sales
The Charles Galewski Company has
purchased from the Central Savings
Bank the Washington Irving apartme mt
house, the six-story elevator structure
ct 203 and 205 West 112th Street, ad-
joining tho corner of Seventh Avenue
on plot 50x100. c. J. Elgar was the
broker. This is the first sale of the
property since the house was built by
+. NJ. Mertcns about ten years ago.
The 1sear Realty Corporation has
bought 267 and 269 West 14ath Street
a siX-story apartment, on plot 41x1O0
through Louis Weitzer, from the 1865
West Forty y-eighth Street Corporation
controlled by Holtzman Bros, for $780,
0OU.
Charles s. Kohlcr has resold for En-
mis- e. Sinnot, to an investor, the five
story apartment at sos West 11Stl
Street, on lot 25x1OO, adjoining the
northeast corner of St. Nicholas Ave.
nue.. 1t was held at $4,000.
story American basement dwelling al
30S West 1c6th Street, on lot 20x100.11
between West End Avenue and River
side Drive
New-York tribune., 1919-02-08
Recorded Mortgages
Downtown

t.''I to land adi on \ c. lisi7 3; p m M FEB g.:
fa' ba az. PRa pis.D pa 'sfsD yr Ja % atty U'
1 g. TS Han bFSTdw"y s 4 ia IA 200 30
CO, ls5 Broadway duo Feb 6. 1922; 6 c. $500
East Side
4T1I ST, "A E. 25X93;l; p NJ Feb =; Standard
rToyision Co G to koppo at Montsq,s
Frank Il Twyefort l2s Broadway .sls. S6o
18TH sT $ls .c f. aS1lso @de:. TO- Feb . s. rh9s :
Baroadway; yrs; c! atty. N 7 L e. 70;
l1sTu s11 hg1sdTsy sT "a ,ot ioo i, M eb s2'Goo 900
8anaher to Jacob Ksnaher. III 9 asis. st. (
ChaS scHoensr n lo2 so 4fs Az ys 5.p e
West Side
Attn ST. 5. .l5e II W 9th av. 2axso: t
'akner ,rt, ESQ 2ed st. ,,y Coney lsiand Bklyn'
RIVERSIDE DRIVE. 8 1850 q eath St. 0s,5
%sI psTRssS pMRss due aSs t. int s"as 4. Ss' Ds1 bond
aty ", n z Gossetf. aol Broadway. sg2. ESQ
AsIA JAN as s. Winter Ws S''asF" nc rs5NTs 5 oss
soroch at Waterbury Conn due & mge as
LEMON Az, ne l4ist st (7o-Sl w. a. iisioo:
roR aSS S AS e 'sss lisa s. siiao
S"9 uXl5l.ll; m, Feb T. Snavuj Realities to
ehambol1 Court Realty Co.. Tarrytown N Y:
S-sFss; e., pr mtSe 5000 600; atty Frcdk Lose
ATnrisoN Az iisth St. ai.IIxIoo: % m 9V
FEB 6; Union Chemical Glassware Co to Harlem
haS, sav Bank! l24 r. & l25th s.; due s int pss
AUDUBON Av. 2As.54 " c. i7sth st. 94llx
100; p IN. Jan 81; Union Chemical glassware ca
to Gott Moie Holding Co. 290 Broadway; due
FEB !. 1922; , c; pr Intge. sI20 000 attv
Herman Gottlicb, 9o9 Broadway ......... sl2 900
Bronx
DAILY Az. 1857. c. l7stn 81. ouxso Albert
Goldberg 70 Jay Lcvsy. $40 Beck ct; pr tn!ge
s2p. 600 Feb 9; Yrs: c: atty, 7 u & = &C.
,.dd1e lTG Broadway -, =, ....,sa;....:, So 600
s9.ilx2253 Denwood ncelty CO to Gliarantv
Trust n CO lio ., Eroa,asT Feb j: yrs; s :;
Kelly sr s. as2l wssts5ester av S'ssos5
100; Regina sutnik 10 Jacob Sanders $50 Az
81 John pr m,Ec s5s 900 FEB / yrs; . e.;
New-York tribune., 1919-02-08
Satisfied Mortgages
Manhattan

BROADWAY. 5000 Mani s.. l2s: Richard A
" sslh st. to Senior NJ Goldsmith, 3o2 Convent
Az; atty Albert zimmerlnsnn 2o6 Broadway
SAME property; same to same atty same; April
l25D ST. liz Il Lena Davis to Kath Il MenhSfr, Sa,sHY
E sstrx Irving Hadden, eyr, win of Cath
h9s SsIs r. sss asSy Geo Van syck l2o BrosdwsS sS
lasp ST 40 s: ssse e sams; atty 7 G & ss'sss c.
WEST END Av C. soth St iooa 2xioo Mary Mary
" ,,o Eells. of cleyeland o, % Howard ? Ees.
Herbert 4 Niaass. I4o Broadway: out g. 1910 Tt'''
I'd A. A. " $ as 2a,A St. Eaas OK sE5s
29th st. to Fannie Neuburger: atty Sidney
LESo& xV 4s FSss"fs Iass Ii lsS 5sa s
TO TO MOTIFS L9wsn,'en 10 si sSS Fox st. Bronx, tgstee
Sd Nv lso sa%as Williams 4 to Fra Frances sasG Sos
trustee. will Morris r : Mackenzie, in trust for for
1ll YIN Stevens Stevens atv. Bowers & s. 46 Cedar ST
18TH ST. 2o9 W; Edw Dart on the prsmises srsvuo
to to T G S, s Co, lTs Broadwey; atty. 7 G. & 7
1900 sth ay to Tie state Bank SIS Grand d'pa st
l2aD ST, $. 225 I'd sv. 25xloo1o; Christian Christian
Bsnt so7 .nS 1f bFookyq to the Gresnpont say
Perry. n Greenpoint av Brooklyn: oct 0. lel2
ssTH ST ss5 W; Geo V & Marguerite scSn,itt ST,guV
Is "E s. = hi. G g su.: @'s."f g 5 s'@ *,
l7;Ta .t. 81 l7s AUDUBON ay 55sss i IoSS SGS
Gboss % '9sd Todd CO stty to NqFTr nHmms Hewitt
s4nR AsEott PRpr Ss pis s,., pussan sas
nlvaE. 81 isth ISth St. 1ty Title Guar c. IA
ID XIV 81 Jno Cassidy to Geo ES4el
idfy' a,fy' NJ Burghard III Bway; Nov II.
osTH ST iso M ist oc S2.ooo
KsnSe I'd wsl syn s. Aug s. a,'H F0ss
9lS9m zen, TO 9ysF N smlth; ad atty, Arthur Smith
l5iTH ST. 4Ss & HarrS G Hart Realty e. TO
s. 40 Nassau St; Sept H. 1914. '.' 81 .ooo
c'sGm aah e olysr smith st'y by wacRcro sss
sUrFoIK ST. ISL Michac G & Rose 1euzer ss''fo to
San Samuel soo pqys r, la5 Madison st; atty. Cor,
4STH ST, az f. Edith Mccormick TO Nm MY J
Macdonald. lls " asth St atty. Carl FIack.
WEST ST 22e-So r. % James Reilly Repair & Supply
20 70 7s ssnkeEe nY.y na nust eo ATTY Title Guar T
52D ST, 35l -15: Otto & Carrie stracl 10 Jacob
N. W;rhs ir ;o,ny atty. Edw ciinch. Al Park. Row
9TH Az n e. .2lsth st. 90 iisioo S1u;yoV Clinton
nss, nno1Hg T Go nd to @ l;nnss Geo Innk Jacob
& Runk d DECD; ,etty, Lawyers & CO. 100
4sTH ST. es-6a W. HelcnIts Realty Co to tho Va
cour Realty Co: atty Lawyers T & Co. 1870
l42D sT 40 " Josephine NJ Carney 52s " -GaSG lasG
st, TO Helen C las $ Carney 1928 W l42d ST:
atty, Wm DAILY. l2s Bway: Feb II. 1914 s4 900
la2D ST 52S w; Josephine NJ Carney TO Helen i
Jas 5 Carney 52s W l42d st; atty Vim G
DAILY 1913 Bway Feb H. 1914 ........ s6 900
llTH ST $40 4. Jno I.auricelil TO Victor Sto,te
atty. Frank NJ lfchenor, 3s Park Row. Jan ST.
sR Ky VI ?5a \ loah s 25aioo Msthiids saiGs
White. 22o ssth st. to David steckycr 1928
6sd st, Bkiyn; atty, Jacob Freeman, 90 Nassau
l62D ST. S, 1855 W Fort Wash ay 25xse ii: ]
"a Co To- Emma Dressner. SOL W lsath st: atty,
Stoddard & NJ. l2s Bway: Mar IA. 1916 $lT 600
New-York tribune., 1919-02-08
Manufacturing Space
Renting Rapidly

floor at 4s to 81 West Twenty-fifth
Street to |. Schweitzer, underwear; also
with E. NJ. Goodman the ninth floor at
p to 33 West Twentieth Street to
Got.lieb g. falkland.
The Duross Company has leased ia
greenwich Avenue to the Greenwich
TRANSPORTATION Company, 16 East
Thirteenth Street to Isdor Rachelson,
the fifth loft at 25 West Fifteenth
Street to John H. Maloy and the store
and basement at 705 Greenwich Street
to the Argo Manufacturing Company.
The Brett & Goode Company has sub
Jet for Cohen, Endel (: Co., manufactur-
ers of army uniforms, the fourth floor
at 311 to 319 Sixth Avenue, the former
Simpson Crawford department store to
the Supertone Talking Machine Com
pany, subsidiary Of the Plaza Music
Company. for term of years. An ex-
tension was given by the owner. At
90 and 81 West Thirteenth Street the
same agent rented the store and base
ment to the Carman Supply Company,
dealers in laundry supplies. The f.
Tanenbaum Corporation represente
the tenant
A. D. Rockwell, jn. has rented the
store and basement at 2239 Third Ave
nue. for term of years. to Kritzcr
Brothers.
George R. Read G. Co. have leased
offices and showroom space at ITO
Broadway to Siegei, Rothschld & Co.
of Baltimore; Systems and Service, Inc,
with Ewing. Bacon e. Henry; Dowler
Forbes Co., with Rowantrce, Schley
& Co.; Wyncoop Service, Bernard Do
rey and Jack Klein
S250,000 Rental for a Basement
The Horn &, Hardart Company, own
ers of the Automat restaurants, has
leased through Samuel J. Tankoos for a
long term Of years. at an aggregate
rental Of approximately s25o,O0o, the
space occupied by the Bell restaurant
in the basement of the Heckscher
Building, at so East Forty-second
Street, southeast corner of Madison
Avenue. The Horn & Hardart Com
pany will upon completion of extern
sivc improvements under the super
vision of Harry Rust, of Philadelphia,
open branch establishments Samuel
j. Tankoos represented the tenants and
Cushman G, Wakefield Mr. Hcclls cher.
New-York tribune., 1919-02-08
Builder to Improve
Historic Bronx Plot
". =. Smith Buys Site of Coles
smi'asy. on kingsbridge Road,
Il Fordham Village

Cole s"smithy," of Fordham Village,
a property on the east side Of Kings
bridge Road. running through to
Briggs Avenue, about 200 feet from
the junction of Fordham Road, famous
because Edgar Allan Poe, whose resi-
oence was adjacent and other celebri-
ties once gathered there, has just been
sold. William F. Smith, who erected
the first modern office building in
Willis Avenues, purchased the site of
the old blacksmith shop through Nc
Lernon Brothers from Susan V. Snede-
ker, and is having plans prepared by
Edward j. Byrne for a business and
residence building. Mr.. Smith plans
to build a two-story office on the
Kingsbridge Road side of the plot, and
abuttng he is to build three story
dwelling, facing Briggs Avenue, for
his occupancy.
Benenson Buys on Webster Avenue
The Benenson Realty Company has
bought two 50-foot six-story apart
ment houses on the west side of Web
ter Avenue, 100 feet south of I69th
Street, from the Grand Terrace Con-
struction Company. The buyer gave
in part payment the vacant plot, 50x
100, on Crotona Park North, near Mar
iHlOit avenue. >. hoSeli negotiated the
exchange.
Charles Siegel Levy has sold to the
Isear Realty Corporation 692 East 142d
Street, southeast corner of Powers
Avenue, six-story apartment house
arranged for thirty-six families, on q
plot 50x100. 1t was cash transaction
Mr.. Levy recently purchased the house
from the Bencnson Realty Company
1t is close to the Hunts Point subway
extension.
Alexander Selkin has sold for Louis
Z. Kieban 2130 Tiebout Avenue, five
story twenty-five family apartment
house, on a plot s5x164x irregular, ar
ranged in suites of three and four
rooms and bringing an annual return
of S12,500. The new owner is an in
vcstor. Mr.. Selkn sold the property
to Mr.. Klehan last April.
The Sikora Corporation sold the five
apartment buildings at 1417-1421 Web
ster Avenue and 1394-1402 Clay Ave
nue. to the 1347 Boston Road Company
and Bernard Crausman. The proper
ties house 142 families and were built
by the sellers.
Harry Kallmsn bought the five-story
apartment at the southwest corner OF
Courtlandt Avenue and 151st Street
from Samuel Williams, who held it al
$4,000.
New-York tribune., 1919-02-08
Edge Names Aids to Study
Proposed Port Treaty
Jersey Officials to Serve With
Governor in Representing
States Interests

TRENTON, Feb. 7.--Governor Edge
to- day invited committee OF state Of
fcials te serve with him on the COM
mittoc which is TO represent the in
terests of New Jersey in preliminary
study Of the proposed amended treaty
governing the port Of New York Tho
officials will cooperate with similar
committee recently appointed by the
Legislature Of New York in consider
ing the proposition.
Those invited to sit with the Gov
crnor are President William N, Run
yon Majority Loader Clarence r.. Case,
Minority Leader Henry r. Ackcrson,
Senator Edward ]. Edwards. Of Mud
son County, and Senator Arthur Whit
ncy. chairman Of the Appropriations
Committee, all Of the Senate, Assembly.
man Arthur n. pcrson Assemb.ymnn
James J. McAtAer, Republican Lender
Ralph y. KclIDm, Democratic Leader
Hugh E. Barrett, Asstmblyman Walter
Il. Winnie, approaching the House and
Attorney General McCrnn, State Con
ttroller Bugbce and State Treasurer
Read
New-York tribune., 1919-02-08
Browning E Turns
10 Property in
Old Trade Centre
Purchases Three Lofts at
Lafayette and Spring Sts.,
Valued at l25,OOO; To
Be Held as Investments

Edward Browning as real estate
man always is doing the unexpected.
After going in for tall, narrow apart
ments and office buildings on the mid
die West Side, he suddenly switched
to upper West Side apartment houses,
and yesterday he turned about again,
this time favoring the old mercantile
district with his patronage. DIR.
Browning's purchase was the most in
teresting of the day.
1t consists of the three si,Astory
lofts with stores surrounding the
northwest corner of Lafayette and
Spring streets By numbers the prop
critics are 23S Lafayette Street and 81
Street frontage Of 100 feet and a depth
OF 108 feet. The Lafayette frontage
is about 25 feet. This property has
been purchased as an Investment by
Mr.. Browning, for it is fully rented.
City assessors value it at $125,OO0.
The Empire Mortgage Company was
the seller. William A. White & Sons
md f. M. Welles negotiated the sale,
which had no other consideration than
cash
Sale on Greenwich Avenue
Fleischmann Yeast Company 81 Green
wich Avenue, a four-story brick bust
ness building. The buyer will occupy
the premises.
John Jamison Rents Fine Suite
Douglas L. Gilman & Co. have leased
a large apartment in 270 Park Avenue
for the Vanderbilt Avenue Realty Cor
poration to John Jamison; also apart
ments at 129 East Eighty-second Street
10 Mrs. lie Roy French, furnished, for
the season; at AS West Forty-fifth
Street to Henry B. Quinan, and at 416
Madison Avenue to Colonel R. Smith
Barry.
Pease & Gilman have leased apart
ments at 981 Park Avenue to Mrs v.
Wiener; at 81 West Third Street to
Arthur V. NOVEL;; at 523 Madison Ave
nue. to Mrs. r. J. Snowdon; at 200 West
IFiftyseventh Street to f. H. Grasty;
at 144 East Thirty sixth Street to Ray
Bowes; to DR.. c. G. Taylor in 33 East
Sixty-third Street; at 13 East Sixty
fifth Street to II. w. Eaton; at East
Fifty-eghth Street to w. S. Dell, and
at 1 West Ninety-second Street to
Walter Z. Dixon.
New-York tribune., 1919-02-08
Assignments of Mortgages
AIanh2 attain

Guar & Trust Co to Douglas Merritt Rhineheck,
y y & ano. trustees for Julia ID Dawson at ST
Davids. Penn atty. Title Guar & T Co l7s
SANE rRopERTY; Douglas Merritt ano. trus us-
tees. TO Julia Dawson Brown. st Dards, Penn
1ssp % ST. ams sse va mia 81 500 Icsd s sI sgS Sqo
mtg So, 500; Abr Morris & ano to JOS Aexan-
der 222 w 10th st, and Jacob A Cohen. lSl
W 10th st: , assns. each. ........-....S ST
AV \. 1o3-5; mtg $50 600; Edmund Schwarz 70
Tobias Shapiro GO Av C.; attys. Ginzburg &
Picker. lls Nassau st...................sl ST. slo0
GREENWICH Av. SO; Frances IL zsbriskie to
Lawyers Mort co. 50 Iiberty st, sll soc
berg to Louis kassin. s42-6 9Th ay, & ano
atty Simon Berg, ia Bway. Bkyn. 49,. 81
NAGLE Av, ll4.ll6; mtg $4,000; Ida A Decker
to Romano Brown. 40 Fanshaw nv. Yonkers
Y; address. 299 Mad av. ....,........s So 600
s5TH ST. 1913 W; mtg $4,000: Horense Levine
to Abel King. l4s 65th st. & ano; atty,
man M to LAYERS Mss CO 50 Liberty sSs sod st
SAME property: Lawyers Mtge Co to Dollar say
Bank 2737 Sd .ay: atty. same SOS 900
10th ST, S. 1853 Vyse av, 39xll5. Ludwig
Ulman ct al. exrs. to Lawyers Mtge Co. 5s
Liberty st: attys. Mackellar & G., 43 Cedar st.
MARMIoN Av. W S. l4o 8 l7sth st. 5oxlaS, VIM
Smith .cts,as To- Lawyers Mtge Co. SO Liberty s.,
SAME property: Lawyers Mtse Co to Dollar Say
MARIAN Av (l2-32s2~), $. IA n Johu, 50x
l7la50x174 National Sav Bank of City OF Albany
to John Dauth 1870 University av: atty
John 7 Dauth. 1870 University ay..... s33 006
New-York tribune., 1919-02-08
Only Part of
New Loan to
Be Tax Free
Continued from page 1

to place no limitation upon the amount
Of subscriptions, leaving the matter of
allotments to the discretion Of the
Treasury Department. Recent state
nents from Washington have indicated
that the plans as outlined to date call
for loan of approximately S6,000,-
000,0OC.
Short Loan Favored
It is the consensus of banking opin-
ion all over the country--and the
Treasury authorities are also of the
same opinion-that the impending loan
should be of short maturity, five years
or less. Some bankers even favor max
ing the loan run for only three years
others have declared in favor Of five
year maturity. with the government
having the option to call the bonds for
redemption at the end Of three years.
If the loan is madcN on the basis of
iiveyear maturity or less the ques
ton OF the ccnvertibility Of the present
outstanding 3lss, the only remaining
issue having a conversion privilege
into the new loan, will be raised, bank
crs said yesterday. Under the terms Of
the Offering Of the first Liberty LoeA
1t was specifically stated that the 3 4. 9
would be convertible into all future
i"ohs uuiiHs lHe leliialhlHG
ported OF the war, excepting certificates
of indebtedness or "short term" obli-
cations. In the second Liberty Loan
the term short term" was interpreted
20 mean bonds of maturity Of five
years or less, but bankers say that this
is debatabln ground and the question
would have to be settled legally wheth-
er the outstanding 3 31as could be con-
verted into new issue OF bonds run
ming for five years or less.
The ruling made by George I. Skin
ncv, State uperintcndent of Banks,
that savings institutions in New York
State may lend money to depositors on
notes secured by Liberty bonds is cx-
pected to have an important influence
upon the success of the next loan.