davidaulloa/AmericanStories huggingface dataset:
New-York tribune., 1921-06-19
Usury Law an AnacI,ronism
and Should Be Repealed
lawson Purdy Says That Measure Framed to Protect
Poor Is Working Other Way; Continually Be-
ing Evaded; No Restraint i'm Massachusetts

gets his return after other lenders If
there is any return to get.
May we not hope, now that more
people know the ordinary facts, that
the market for money may be made
free and that public records may be
made honest? Some may say that it
will be hard to secure honest convey
ances. | think the law may be almost
self executing and in little time the
habit will be formed. The Bar and the
title companies will see that no dis
honest instruments are executed In
their Offices.
Repeal Would Cause Some Hardship
am not unconscious of the fact that
the repeal of the law might be attended
by some unpleasantness to some bor-
rowers who have overdue loans, but
unless the law is 20 remain unchanged
forever this contingency may as we'll
be faced now, as similar conditions will
exist, whatever time may be chosen for
repeating the law.
New-York tribune., 1921-06-19
Tract in Garden City, Town Made Famous
By A. t. Stewart, in Hands of Auctioneer

Precedent will be established in the
realty history of Garden City next
Saturday, when, for the first time,
property will be bid for in open com
petition. The decision of the owners
of large tract in this exclusive and
attractive suburban home section has
resulted in 1,169 lots in the Garden
City estates section being placed on the
auction stand for disposal at the high
est bids that can be obtained. Joseph
P. Day will do the selling He will
start selling at 2 p. m. under a large
tent, which will be pitched on the
property for the protection of bidders
from sun or rain.
Living Place of Well known Folks
Garden City Estates is the new sec
tion of Garden City. More than 200
prominent New Workers have erected
homes there in the last fourteen years,
during which period more than a mil
lion dollars has been expended on i'm
provements. No residential section
within or without the city limits has
been better or more conscientiouslv de-
veloped, and not even the late A. T.
Stewart. the founder Of Garden City,
New-York tribune., 1921-06-19
Landlords Judgments
Reversed by Higher Court
Property Owners Cannot Fix
Income by Profteering Meth.
ods. SAYS Justice Cuv

A decision of great Importance to
tenants in litigation with their land
lords was made by the Appellate Term
OF the Supreme Court yesterday in re-
versing judgments obtained in the mu-
nicipal court by the A. c. & A. M. Hall
Realty Company against DR.. Leon Sid
ney Moos and fifteen other tenants in
the apartment house at 255 West
Ninety-e eighth Street, and directing a
new trial.
The tenants were in possession of
apartments on September 80 last when
their leases expired and under the rent
laws of 1920 the landlord sues for the
reasonable value of the premises on
the ground that the tenants wrongfully
held over. Justice Guy, writing the
opinion in the case, said that the aues-
tion presented on the appeal by Dr.
Moos and his neighbors was whether
incompetent evidence was admitted in
the Municipal Court on the question
of the reasonable RENAL value of the
premises, and whether the evidence
sustained the finding of the trial JUS
tice as to such value" Justice Guy
said
"The proof admitted as to the pres
ent market value is largely based upon
excessive rentals charged by owners of
similar property which led to the
emergency the statute declared existed,
and which the statute was intended to
remedy In other words, to permit
this line of proof would be to Justify
extortionate demands on the part of
landlords by proof that the extortion-
ate demands had resulted in an in
crease in the market value of similar
property.
"It was clearly the intention of the
Legislature that landlord should be
restricted to such rentals as would
yield, not a reasonable income on a
value created by profteering methods,
ment. The admission of such proof
was highly prejudicial to the defend
ants
New-York tribune., 1921-06-19
Eugene Jobs
OF Eugene Jobs-H. F. Beck Co.

" Eu9e11e J006-H. r. Beck co.
Real estate activities in that section
of the nearby New Jersey hill country
in which are located Short Hills, Sum
nit, Murray Hill and Chatham and
other towns served by the Lacka-
wana Railroad have continued, regard
less of general reports of a decided
falling off in the demand for suburban
homes
To be sure, the demand is very Diff
ferent from that existing during the
spring Of 1919 and 1920 During that
period there was wild rush for homes
costing up to $1,000, and buyers were
not particular so much as to what
they bought so long as early posses
sion might be had
The spring season of 1921 has
brought fewer prospects but proper
tlonately more buyers, and buyers who
have purchased properties that ranged
in price from $4,000 up to $4,000.
One feature of the present market
Is the decided increase in the demand
for vacant land. In the hill towns
there have been many sales of plots
w PcAooAtS piSHHliiS W erect CnelT own
homes when building conditions may
have become more nearly normal Land
prices have not advanced during the
past five years and those buying at
the present prices will save from ten
to twenty dollars a front foot under
the prices that will become effective
when building activities resume.
In Summit particularly there has
been very active demand for business
buildings and business plots. Within
the last eighteen months over $3.50, 900
worth of centrally located business
property has changed hands and the
demand continues.
Homes available for rent, unfur-
nlshed, are fully 90 per cent less than
the demand.
Building conditions remain the same
as tor some time past. To be sure, ma
terials have dropped in cost, but labor
conditions here remain the same. Lit
tie or no private home building is in
progress and less is in prospect for the
future.
There are, however, indications that
there will be an active demand for
that is now built. In fact, the
New-York tribune., 1921-06-19
Ovington Takes Historic
Location ON 5th Avenue
Comes TO 39th Street Corner,
Where Jackson Lived, and Was
Owned by Sage and Barnum

Ovingtons Gift Shop, for seventy-five
years a landmark on lower Fifth Ave
nue., will move into the Vantine Build
ing, at the southwest corner of Fifth
Avenue and Thirty-ninth Street, to-
morrow. The Union League Club, the
Wendell home and store occupy the
other three corners.
The corner has historic value. Brit
ish troopers stabbed their horses in a
building on that corner, while Mary
Murray dined and wined them, causing
them to tarry so long that the Ameri-
cans slipped out of their grasp.
1t was here that Andrew Jackson
made his home while he was in New
York, for the building then was the
country site of W. Coventry H. Wendell
his friend.
The building was at one time owned
by Russell Sage, and it's purchase and
sale at large profit within a month
was one of the quickest deals Russell
Sage ever made.
The building also was owned by P.
Barnum.
New-York tribune., 1921-06-19
Mrs. Evelyn Field
Concludes Deal for
Long Island Acres
Takes 100 Acres ON Lloyd's
Neck as Site for Finest
Estate in East; Will Take
Title to the Property

Mrs. Evelyn Field is the buyer Of
the half dozen large estates on Lloyd's S
Neck, L. l.. comprising three square
miles OF territory, which was reported
purchased last week by the Field
family of Chicago. H. A. Rogers, of the
Wheatley HllsReal Estate Corporation,
who secured the property for Mrs.
Field announced yesterday that the
been concluded, and that Mrs. Field,
wife of Marshal Field Sd, was the
buyer.
She will take title to the property
and it will be developed to suit her
desires by John Russell Pope, architect.
Mrs. Field is said to have desired a
Long Island place, since the Fields
plan to spend much time in this part
of the country Several months ago
Mr.. Field purchased home on Fifth
Avenue.
Mr.. Rogers said yesterday that there
are 1,700 acres in the property pur-
chased and that the land was held at
$2,000,000 The property was pur-
chased from the William H. Yawkey
estate, the Cornelius j. Ryan estate,
and James Lloyd Derby.
The combined properties have a
frontage on Long Island Sound of over
two miles. The tract is about two miles
across and there is water frontage
en- Lloyd's Harbor of over mile and
two-thirds. On the northwest corner
of the estate are an inlet and meadow
which will be improved for private
yacht anchorage.
The immediate neighbors are Walter
Jennings, Francis M. Weld, DR.. Walter
3. James, j. Herbert Johnston, Gerald
M. Livingston, Robert II. Gamble, AL
bert G. Millbank, August Heckscher,
William J. Matheson, Willis D. Wood,
William Favershan and Roland Conk-
lin, who owns the famous Rosemary
Farm, south of and opposite this prop
erty on the south side of Lloyd's Har-
Dor.
New-York tribune., 1921-06-19
Banker Joins Sutton
SquareHomeColony
Along the East River
B. Stafford Mantz, Who Sold
Recently Dwelling on
East End Ave. to Due de
Richelieu, Is the Buyer

Sutton Square, Inc, sold to B. Stat
ford Mantz, treasurer of the Corpora
tion Trust Company, the three story
residence at 19 Sutton Place, 16Yx50
Mr. MantZ now occupies the house on
East End Avenue. recently purchased
by the Due de Richelieu. This is the
seventeenth house sold of the eigh-
teen forming the colony known as
Sutton Square, overlooking the East
River at the foot of Fifty-seventh
Street. Other houses in the group have
beer bought by Mrs. w. X Vanderbilt,
Miss Elisabeth Marbury, Mrs. H. Loril-
void. Theodore T. Kennedy, of Frank
D. WELLER g. Co., was the broker.
Charles j. Quinlar, representing
Wood, Dolson Company, Inc, sold for
Mrs. Aimee de Velez the four-story
dwelling 81 West Seventeen Street,
20A100,
The estate of Robert H. Robertson
is reported to have sold the four-story
and basement residence at 1T East
Iflrty-eighth Street to Mr.. Sheffield.
Helen E. Hendricks sold to Honora
b. Nugent "a West Seventy-ffth Street
4 fcur-story dwelling, 22x1O22x irregu-
lar.
Estate Sells in Forty-fourth Street
A. w. Miller & Co., with Gustave
Britt, sold for the estate of William P.
Woodcock I'd to Frank J. Schwarz the
tour-story residence $50 West Forty-
fourth Street, on lot 189x1OO. This is
the first transfer Of the property since
1873.
Nellie Mosbacher sold to Charles c.
Jefferson 121 West Eighty-fifth Street,
a three-story dwelling, 1Sxe76.
Grace A. Sterns sold to Everlv M
Davis 237 West End Avenue, a five
story dwelling, 17x82.1O.
Sadie Salmowitz sold to Theresa
Mannheim 627 West End Avenue, p five
story dwelling, 1882.
Sisca & Piladino sold for Fred Gin
cotti to Michael Mirabella 337 East
1l6th Street, fourstory dwelling, 1sx
Jennie A. Boland sold to Loretta V.
Castor 249 West 12sth Street, three
story dwelling, 1exe9.11.
Robert Levers resold for Leonard
We'll 81 East 10th Street, a three
story dwelling, 2Ox100, to Mrs. Heinz.
Dunlap & Lloyd sold for the Misses
Curren the three-story dwelling at s
Jane Street to Oliver NJ. Sayler and
Ludwig Lewisohn.
Pepe G. Bro. sold for the Alentaur
Realty Company 12 st. Luke's Place, a
three-story dwelling, 21.8x100, recently
renovated.
New-York tribune., 1921-06-19
$50, 900 White Plains Estate
Sold by Mrs. T.. Rraende,

R. Franklin Hull sold for Mrs. l..
Braender her estate at North Broad
way, White Plains, comprising about
2k acres, residence, garage and gar
dener's cottage, to T. Leonard Mac
Bean. The property was held at $780,
600. 1t is the intention of the pur-
chaser TO remodel the residence into q
high class apartment and lay out the
balance of the property in building
plots on which several cottages will be
erected. He has also sold for T. Fred
erick Lee his Colonial residence at Sew
mour Place, Gedney Farms, to A. r.
Richtmyer, secretary and treasurer of
Knothe Bros. Co., Inc; also for the
Beacon Realty Company their property
at a Mamaroneck Road White Plains.
besides renting for Mrs. Ida F. Tidd
her residence at % Oakwood Avenue,
furnished, to w. F. Warriner, and for
Clement Ehret his property at Chat
terton Parkway to Moe Cook, of this
citv
New-York tribune., 1921-06-19
Corporation Buys Eleven
Story Loft i'm Goth St.
Property ON West Side Disposed
of Is Subject to Mortgage
of SI3R 600

The eleven-story loft, 50x92, at 6 and
8 West Twentieth Street, has been sold
by Edward Cunard to the Edgord Realty
Corporation. 1t was sold subject to a
mortgage for $180,00O.
Negotiations are pending for the re-
sale of the six-story building at 61-63
William Street, southwest corner of
Cedar Street, to prominent banking
house. 1t was the former home of the
Lloyds Plate Glass Insurance Company,
which sold the holding last July. 1t
stands on an area 468x6S.
The. family of Carl G. A. Hohle is re-
ported to have sold the two four-story
dwellings 377 and 37s West 125th
Street, 40xl0o, opposite the West End
Theater.
II. M. WE'LL Company sold 739 Green
witch Street, four-story dwelling, 1s8x
20, for Oscar Owen to the Paupack Pow
er and Timber Corporation.
New-York tribune., 1921-06-19
Investor Puts Savings
In Apartment al Lawrence

The Thomas A McWhinney Realty
Company sold at Lawrence, l. l., the
Caroline M. Raisig property on Central
Avenue, consisting of store, with two
apartments, to Francisco Manatovani.
The same brokers sold for the FEEDER
wald Holding Company the residence
at Albemarle and Westminster roads,
Cedarhurste Park, to Isadore Goldberg.
and for Chris P. Tulka three-story
dwelling on Washington Avenue, Ce-
darhurst, to Felix Kranz.
The same brokers leased for Miss NJ
Combe her stucco dwelling at West
Broadway and Hamilton Avenue, Hew-
lett, l.. l., to Harry Hoffman.
New-York tribune., 1921-06-19
Real Estate Market News and Comment of City and Subu
1000 To Be Ciuen
Homes in Woodside

HOMES for 5000 families are to
IA be provided in Woodsidc, Bor-
ough OF Queens. Plans have been
prepared for rushing to completion
500 apartment bpildings of four and
fve rooms before the arrival of cold
weather, The first of the group Of
structures will be started this week.
The G.. \. Matthews Company, which
will put up the houses, plans to rush
them along as rapidly as workmen
can put the material together. The
apartment Developments, which seems
to he one of the largest that has
been planned for some time, will
cover the tract between Greenpoint
and Lincoln avenues, First and
Dickinson streets. property which
the builders acquired recently for
the purpose of carrying out big
housing program. The completed
operation will house 1900 families.
Each house will hold six families.
New-York tribune., 1921-06-19

Surrounding the property are apart
ment houses.
The late Stewart McDougall bought
his property about forty-five years ago
when it was farm land for home be-
cause of the view of the harbor and
surrounding country that it afforded.
He had seven neighbors at the time
and the nearest school was a mile away.
Since then things have changed. The
seven neighbors have heea multiplied
thousands of times. Eight large schools
are there and many churches Of all de-
nominations are near the propSsty.
New-York tribune., 1921-06-19
Long Island City Lots
Disposed Of Quickly
Parcels Bring an Average of
$1,000 Each; Big Crowd AT
tends Auction

In less than two hours Joseph P. Day
sold at auction on the premises 1862 lots
in Long Island City belonging to the
Stevens estate for an average of 1000
each.
The crowd which attended seemed
even larger than that which attended
previous Long Island City lot sales
conducted by Mr.. Day recently
Lots in Crescent Street sold for
81, 400 to $3.50, and on Broadway from
$500 to $500. The demand in Acad-
emy Street and Ely Avenue was also
strong. The Forbin Holding Company
was the largest individual buyer, Civ
ing $4,000 for eight lots in Crescent
Street. extending to Academy Street,
near Broadway.
New-York tribune., 1921-06-19
Owner of Flower Nurseries
Increases Chappauua Holdings

George Howe sold a part of the hold
ings of George D. MacKay at Chappa-
qua to William H. Seibrecht, owner of
flower nurseries. The plot approxi-
mates nearly two acres facing on Crest
Road and adjoins Mr.. Siebrecht's home
on the west. The seventeen-acre place
OF II. X. Fly, the publisher, on Bedford
Road. lying just north, has been re-
Gently acquired by Mr.. Siebrecht. 1t
Is understood that with the increased
acreage and facilities some OF the OK
1ensive .1 nursery plant at Astoria, L. l.,
wall De now removed to Chappaqua.
New-York tribune., 1921-06-19
VHW OF PROPERTY to be SOLD .sHOWluo
RAp/D TPANSyT .sT9TON

Winfield S, MeDougall, executor of
the estate of Stewart McDougall. de-
ceased. has authorized Bryan L. Ken
nelly to sci! at auction 500 building
sites located on Fort Hamilton Park
way, New Utrecht. Eighth Ninth and
Tenth avenues and from Forty second
to Foriy-siXth Street, in the Brooklyn
Academy Of Music on next Thursday
ard curbcd voadways.
This is the largest trac; OF improved
vacant property located on the line of
the New Utrecht subway to ,Coney ISL
New-York tribune., 1921-06-19

and and the West End line of the B r.
I. Fort Hamilton Parkway is one of
the connecting links in Brooklyn's park
system. From this avenue the lots ex-
tend west to Tenth Avenue.
The property has been improved with
sewers and sidewalks, graded. paved
and curbed roadways.
Included in the sale are two brown
stone two-family dwellingks on Forty
fourth Street, and the four apartment
houses al the corner of Forty fourth
Street, Fort Hamilton and New Utrecht
avenues.
New-York tribune., 1921-06-19
ST, 100000 Loan on Tall
Downtown Building Being Built

Lawrence, Blake & Jewell placed a
loan of S1,700,0OO for the Barrett
Building Company, Inc, a holding cor
poration for the Barrett Company,
manufacturers of roofing supplies. The
loan covers 94-98 Washington Street,
1926 Rector Street, and $3.50 West
Street, being improved with seven
Company will occupy $4,000 square
feet for its own use. The plot con-
tains 1880 square feet of land and
252,000 rentable feet. The loan runs
for ten years and bears per cent
interest
New-York tribune., 1921-06-19
Investor Buys Three Modern
Flats on Morris Ayenu

The three five-story new modern
apartments, 125x100, at s64 to s72
Morris Avenue, have been purchased
by s. D'Onofrio from Leopold Weiss.
Louis Block was the broker.
Samuel Cowen sold for the Brothers
Realty Company 597 East l3sth Street,
e siX-stery apartment.
Patrick Holland sold 40 East l4sth
Street. one and three family houses, for
Felix "A. Burns to Bertha Hunink,
New-York tribune., 1921-06-19
Vacant Blocks on Brentwood
Ave. i'm Bronx. Sold

Thomas .. Wren purchased from
Margaret NJ. Weis the two vacant
blocks on the west side of Bronxwood
Avenue, running from 229th to 231st
Street. 1t is the intention of the pur-
chaser to subdivide the property into
single lots. This property forms part
of the estate of the late George W.
Chamberlain, who held it for many
years. George S. McGregor was the
broker.
New-York tribune., 1921-06-19
Rents Home i'm Hewlett

The Payson Mel. Merrill Company
leased for Harold w. Buck to Herbert
w. Ballantine his property on the
westerly side of East Broadway, Hew-
lett, L. /.
New-York tribune., 1921-06-19
New York Is City
OF OId-F ashioned
Apartment Homes
Only Third of o56,ol2 Mod.
ern; Bronx and Queens
Have Fewer Old Flats
Than Other Borougils

For every modern apartment in New
York City there are two old ones.
There are 956,012 apartments in the
five boroughs, of which 600,372 are Of
the oid-fashioned type and 356,244 of
the modern kind. Many old houses
have been modernized recently in
order to obtain higher rents. Cen
orally speaking, New York is a city Of
old homes. The following statistics
show the number CT new and old
houses in the various boroughs:
Modern Old
Manhattan .............14462 3s@.4S5
ne 5ronX- ............ PATTI = SS2
Brooklyn ......-.. .........1OO, l45.87S
d,tTdi,39na cueens -'''..'-..'...' iS2 iS2 its7
Totals .356.244 eoo.a7s
In view of the rentals prevailing.
and those that may be asked before
october Tor old apartments, it may be
Interesting to know that q few wears
back the 392,485 apartments in Man
haitian rented at an average of S1675 p
month; the 32882 in the Bronx rented
at $3.50 a month; the 165,375 in Brook
lyn brought S17.22 a month; the S.l35
in Queens rented at $14.03 a month.
and the 1,497 in Richmond rented at
S11.75 month.
The Bronx and Queens seem to have
fewer old-fashioned apartments than
any Of the other boroughs. 1t is inter
esting also to note that before rents
went skyrocketing an old type apart
ment could be had for less rent in Man
hatten than in the Bronx or Brooklyn.
The statistics show that owners Of
ancient apartments in Brooklyn OBJ
tanned the highest rental for their
premises.
New-York tribune., 1921-06-19

Of Garden City Estates is its wealth
of shade trees and foliage. The wide
boulevards and avenues are literally
lined and domed with these great
New-York tribune., 1921-06-19

could find a single fault with the
manner in which his great work has
been sarried on.
One of the most attractive features
New-York tribune., 1921-06-19
TO LET-UNFURNIsHED
Manhattan

34TH. 1913 EAST-Two airy corner rooms
bath. kitchenette. Mack. Vanderbilt s177
New-York tribune., 1921-06-19
APARTMENTS TO LEr-rURNIsHrD
.cstchester

FOR RENT room well furnished apart
ment; cool; overlooking Hudson: cen
trally located. Telephone Yonkers 85ss.
El Mundo. [volume] (San Juan, P.R.) 1919-1990, 1921-06-25
soBRE Ell FuEGo DE PONCE

Ampliamos ell telegrama enviado por
nuestro corresponsal de Ponce con la
siguiente information: FL siniessro sc
desarroll6 en- la casa de don Alfredo
Campos sta en- la calle Atocha entire
Victoria v Guadalupe, la cual cstaba
valorada en- $4,000, no tenia ningtri
aseguro.
Acudieron en- seguida los bomberos
al mando de sus iefes, y fus tan All
nado su trabajo, que no solamente To-
calizaron el incendio, sino que pocos
momentos despues el peligro habia sido
conjurado, y las namas habian sido
vencidas por el elemento contrario.
Ell panico en- Ell vecindario, como
es natural, fu6 enorme, porque todas
las casas contiguas a la incendiada son
de MADEIRA, con raz6n Sc tenfa que
Sc propagara elias, pero luego So die
ron cuenta de la presencia de Pele,
que Sc mostr6 heroico en- su trabajo
como do costumbre, y gracias al es-
fuerzo de los bomberos todos, que ira
bajaron como siempre, no hay que la
meritar iesgracias nayores.