New-York tribune., 1919-08-03

of the present property values at that
bed of Nassau Street and part of the
Sub Treasury site.
The Irregular course of Wall Street.
as many must have noticed, commem-
crates, as If monument. the first
great land steal engineered against
New York. Wall Street was surveve:
and laid out in a day. The orders for
the survey and the call for speed came
from the Governor himself, and the
surveyor just Topped off into the lap
OF the Governor strip from 3S.5 to
80 feet wide and 900 feet long, ex-
tending along what is now the north
side Of Wall Street from about New
Street to Pearl Street
before the survey Wall Street was
J an S0-foot-wide street at Broadway
and wider further eastward. The nine
foot high palisade was the north side
OF the street, which WAS called the
CIngel by the Dutch. and by others the
walk along the Wall" and "the Pa
rade. 1T was promenade, and be-
cause of its width all the military
SHOWS SHOWS or the colony were held on the
"Cingel."
On the north side Of the Wall BEGAN
the east grant Of Jan Jansen Damen
he d'ed In l651, about the time the
construction OF the palisade was being
urged. The Damen property. fronting
on the city wall from near Broadway
10 Pearl Street, was divided by heirs
or MS wife into six plots, each eighty
leet deep. 1t was thirty four wears af
ter the death of Damen that Governor
Dongan set in motion his big land
The palisadc had fallen down in
places from lack of care, so the Da
mems land took boundary from the
dltch two feet south of the palisade
which added two feet TO the width of
their property
Cheap Real Estate
John Knight. lieutenant Of tho Gov
efnor. was the man who set out to bnv
the Damen property. He paid 10 shill
ihgs ior each parcel, which varied in
frontage along tho City Wall or c,tv
ditch from $50 10 300 feet. One Of tho
lcs shlitings bought the rear eighty
fect Of what IS now known as TO- -
a. 10, 1S and 20 Wall Street. All this
laNd vas secured OH December IA. 1855.
Two days later, Leo Bcckwth, DEPUTY
SurVeyor, was ordered to survey Wall
street. and the neNt day he made his
report TO The Governor, showing Wall
:
gan ."ecreed the and TO the north of
the nov street Ina wastc land and
granted it TO tis lieutenant. John
Nnlg';t' This sayc Knight lots on the
neW - T1et ~ ieot dcen fo.- which he
nd paid &C shi.iiuce.
'hrcc Non.he later Knigh, .raus-
ferrcd all this prouerty to t;ovcrnor
hongaN. The Glowing year. 1857. he
sold the cocne, c. Wall and Broadway
10 John Graham. t fronted 67.10 feet
on Wall Strect and IS now the site of
the First National Bank Judge John
Palmer, who handled the Knght-Don-
gan conveyance, was given the privilege
OF buylng the next "A feet, or 6 and 8
Wall Street Colonel De Peyster and
Nicholas Bayard were granted the re-
malnder of the Wall Street land over
TO William Street. 1t was from De Pew
ster and Bayard that the Prcsbvterians
bought their site
The Presbyterians rebuilt their
church in l74S The church cscaned
the Great fire that swept over the lover
city in l7'o, only to be desecrated bv
the British soldiers, who used it for
PRISON during The Revolution The
windows were smashed and the interior
OF the building destroyed by tho sol
diers. The church had to be rebuilt
'''- "et vas pFtI- III lS4O the
church property was sold at auction
at the Merchants Exchange.
Inc realty at Wall Street sold for
Sio,35o: Wall Street was bought hv
Elihu Townsend for $4,000; Daniel c.
ana an !, Ambrose c. Kingsland bought 10
Wall Street for S17O50; Amos +, Emo
and John l. Phelps bought II Wall
Street; Caleb 0. Halstead paid s17l0o
Tor 10 IA Wall Street. and on May 23. ls45,
ehe church trustees conveyed to Joseph
oampson l6 and Is Wall Street and
Nassau Street for 100000.
me ,,;,tai sale Of the church property was
barrier in thc development Of WaI
street. busine IS wanted 'he space &C.
cnpsd ccy tho churctmer Record 81
sales following the auction shows tina.
me increase IN the value Of this land
ana nelghborng parcels was surpris-
lnsiy rapidly and large For instance
the the, parcel at 8 Wall Street, bought by
Elihu Townsend from the church trus.
tees Tor $4,000, was sold the following
year for $S7,50O. Amos Emo sold his