New-York tribune. [volume], January 07, 1910, Page 10, Image 10

About New-York tribune. [volume] (New York [N.Y.]) 1866-1924

Image provided by: Library of Congress, Washington, DC

                
TO
SALE IN CLDB DISTRICT
HERALD SQUARE HOLDING COMPANY EN
LARGES ITS WEST 45TTH STREET PLOT.
Estate in Third Avenue Deal— To Build Big Apart
ment House in West End Avenue.
The volume of business transacted yester
flay in the real estate market was small.
One of the principal transactions report
ed was the sale by Edward C. Williams to
the Herald Scmare Holdinc Company, of
•which Samuel Levy Is president, of ths
three" story bulld'.ne. No. 36 West 45th
street, on a lot 20x100.5 feet
The same company recently bought from
the estate cf William G. Park, through
Lewis B. Preston and Mooyer & Marston,
tbe premises adjoining No. 82 and 34 West
isth street, four and five story buildings, on
a plot 40x100.5 feet, between the Harvard
Club and the Webster apartment hotel.
That parcel faces the site of th© new Yale
clubhouse and abuts the .stable adjoining
' the home of the New York YaCht Club. In
44th street.
Another important downtown transaction
wo» the sale by S. B. Goodaie & Son for
the Rich estate to Benrv Hof of the two
four story tenement houses. No. 613 and
«15 Third avenue, on a plot 36.8x75 feet, ad
joining the southeast corner of 40th street.
Satterlee & Boyd, architects for the Gen
eral Theological Seminary in Chelsea
Square, riled plans yesterday for making
over West Hall, a dormitory In the centre
of the seminary grounds, into a two fam
ily dwelling, with parlors and libraries for
the professors. A new heating plant will
be among the improvements Installed, at a
cost of $10,000.
Plans have also been filed for a twelve
etory apartment hpuse to be built from
designs by Neville A Bagpo for the Guide
Realty Company, of which Arlington C.
Hall is president, at West End avenue and
89th street. It Is to contain sixty-one suites
of apartments. It will cost $800,000.
Plans have also been filed for a six story
apartment, house to contain thirty-one
suites, and to be erected for the Tuscan
Construction Company, from designs by the
earne architect*, at a cost of $150,000. on
Claremont avenue, above 123 d street, and
Just north of the new Union Theological
Seminary buildings.
Plans have also been filed for remodelling
the laboratory of the Vanderbilt Clinic on
Amsterdam avenue, north of 59th street,
from desig.i? by Crow, Lewis & Wicken
hoeter as architects for the trustees.
Plans have also been filed for making
ever the two story stable at No. 105 West
80th street, owned by JuMa L. Butterfield,
Into a gaxare. for the Utility Car Company
as lest.ee. the change of occupancy being
made from designs by Edward Lee Young
as architect.
Justice Amend, in the Supreme Court yes
terday, granted the corporation of« St.
Josephs Home for the Aged, conducted by
the Sisters of the order of St. Vincent de
Paul, permission to mortgage property in
West 15th street, owned by the corporation,
for the purpose, of raising $240,000 to ex
pend in the construction of new buildings
ft r the use of the home, and to furnish
and equip them. The issue of the mortgage
was authorized by the board of managers
several weeks ago. Bayard L Beck, as
attorney for the corporation, in his peti
tion, said that the liabilities of the home
are less than $40,000.
AN $80,000 DOWNTOWN LEASE.
Type Company to Occupy Space in the
Black Building.
The Charles F. Noyes Company has leased
for John V. A H. V. D. Black to the
Barnnard Type Foundry Company the
•jround floor of the Black Building, occupy
ing the block front on the easterly side
of William street from FYankfort street to
the Brooklyn Bridge for a long term at
an aggregate rental of about $80,000. The
lessee is now located at Lafayette and
Worth streets.
The Ruland & Whiting Company has
leased for a long term of years to "William
Ottman & Co. for Henry A. De Mcli the
building Xo. 207 Water street and for Ella
G. Bogardus and several other persons the
building No. 203 Water street. The premises
are to be extensively altered and used as
a refrigerating plant.
Duross Company has leased the store
and basement No. 364 Seventh avenue to
D. Benoit and Frank Anfossi; also sixth
loft at No. 10 West ISth street to Bachrach
& Fre*dman.
Alfred B. Af?hford and Stephen H. Tyng,
Jr., & Co. have leased for A. Filmore Hyde
the twelfth floor in the building southesast
corner- Fourth avenue and 27th street to
the George Batten Company for a term of
years at a rental of $10,000 a year.
P. T. Canavan and J. W. Cushman & Co.
have leased to Annie Topp the five story
dwelling house No. 423 West 20th street for
a term of years dt an aggregate rental of
$13,009.
REALTY NOTES.
Jesse T. Meeker. was the broker in the
tale to Henry Hellman of the property, No.
143 West 27ih street, for the estate of Mary
Caroline Clark.
Alfred J. Eno has been elected president
for the coming year of the Queens Borough
Real Estate Exchange. Other officers
chosen are: First vice-president. Colonel
William M. Griffith; second vice-president,
Joel Fowler; corresponding secretary, John
N. Booth ; recording secretary, Elmer E.
Bergen; treasurer, George T. Watts.
NEW INDUSTRY TO COME HERE.
An industry new to the United States will
be brought to South Brooklyn as a result
of a lease made yesterday between Adolph
Liebmann. Louis Tirnm and Charles £5.
Hirsch and the Bush Terminal Company
for 11.655 square feet of floor space in the
Model Loft Building, No. 3 36th street,
South Brooklyn.
According to an official announcement,
"the lessees will impregnate linen collars
with a eubstance invented by a German
chemist, which will eliminate the necessity
of laundering them. Mr. Llebmann is now
in Germany for the purpose of concluding
arrangements with the patentee."
BUY PENNSYLVANIA HOTEL,
ilatt J. Ward & Co. have cold the
$60,000 capital stock of the Colonial Hotel
Company, proprietors of the Colonial
Hotel, at York, Fenn., to Rosa Brothers.
former owners and proprietors of the
Louisville Hotel. Louisville, and proprietors
of the Rathbun Hotel, Eimira, N. Y. They
are now in possession.
CTATEN ISLAND SALE.
Cornelius G. Kolff ha« sold for Mary Me-
Gill to Thomas Rourke a lot, 25*100 feet,
on the cast sMI of Elm street, near Castle
] Will Use Tribune Help
Want Ads. Every Day.
The New Tork Tribune, New York c:ty.
Dear «ir: We hue used your columns
for our ad. for ag-nis t</ »»ll our Perfect
Hand Vacuum Cleaners at $8.04 and $10.00
»-nh rfS'.ilts nu< beyond our expectations'
Tbe results have increased from day to
£ay and from the re*uJ:s already obtained
we plan to continue our ad. in your col
umns permanently.
Endoeed herewith find copy for ad. for
the coming week. We wl!l send you new
copy each week.
Congratulating you on the drawing ef
fects of your columns, we remain.
Tours very truly.
Utility Import & Export Company,
Per Henry 8. Hatiiell, Treat.
N«w Tork. Dec. 23. 1303. ;
ton avenue, W«Bt New Brighton, Btaten
Island.
EMPLOYES CHOSEN DIRECTORS.
Messrs. Jewell, Nugent and MeG-ay Now
Members of Big Loan Company.
A. W. MoLaußhlin & Co. have added the
following: to their board of directors from
among- the men who have acquired experi
ence In the office- Charles H. Jewell,
James C Nugent and Frank B. McGay.
The directors now comprise the follow
ing: A. W. McLaughlin, president, who
organized the business In 18S7; Arthur D.
Payne, treasurer, frraduate of Brown Uni
versity. Rhode Island, admitted to the New
York bar In 1886, with the company since
organization; R. H. Lawder, secretary,
with the company for eleven years, hav
lns received his former training In the
Ontario Bank, Canada, and Produce Ex
change Bank. New York; Charles H.
Jewell, connected with the business since
IMS, who was for twelve years previously
official appraiser for the Blrkbeck Invest
ment, Savings and Loan Company and
the Provident Savings, Loan and Invest
ment Company; Edwin C. Benedict, for
eleven years New England representative
of the National Lead Company, who be
came connected with this company in 1906;
James C. Nugent, formerly associated with
the Equitable Life and afterward with th©
Kentucky Midland Railroad Company,
identified himself with A. W. McLaughlin
& Co. in 1906; Frank B. McGay, who, since
his retirement from the coal business of
McGay Brothers In 1902, had been occupied
In estate management, became associated
with the company In 1908.
REALTY MEETING TO-NIGHT.
A regular meeting of the West Side Tax
payers' Association will be held to-night
at No. 2G7 Wftst 34th street. An Interesting
report will be submitted by John J. Phelan,
chairman of the committee on law and
legislature. Other important matters. In
cluding reports of delegates to the United
Real Estate Owners' Association, will be
received.
GETS WESTCH ESTER TRACT.
Dr. Edward F. Brush, formerly Mayor of
Mount Vernon, has sold his "upper" farm
at Cross River, in the northern part of
"Westchester County, to Francis M. Strat
ton, president of the Westchester Lighting
Company. The tract consists of a thousand
acres, and was purchased by him twenty
years ago, and has been used as a stock
farm. Mr. Stratton will probably erect a
costly summer home on the place. He is a
large owner of Westchester property.
9
TWO BRONX LEASES.
The Prospect Realty Company has leased
the store at No. 882 Prospect avenue, a
three story frame building, for a term of
years. Also leased for J. Byrnes No. 900
Prospect avenue, a three story frame build-
Ing which will be converted into a photo
grar>h gallery.
RECENT BUYERS.
John J. Kennedy is the buyer of the
dwelling house No. 314 West 77th street,
sold recently.
Donald G. Geddes is the buyer of No. 64
East 79th street, sold recently through the-
Douglas Robinson, Charles B. Brown Com
pany.
THE PRIVATE SALES MARKET.
MANHATTAN.
THIRD AVENUE— S. B. Goodaie & Son
sold for the Rich estate to Henry Hof Nos.
613 and 615 Third avenue, two four story
tenement houses, on a plot 36.8x75 feet, ad
joining the southeast corner of 40th street.
45TH STREET— Edward C. Williams sold
to the Herald Square Holding Company, of
which Samuel Levy is president. No. 36
West 45th street, a three story building,
20x100.5 feet. T\e Herald Square Holding
Company receutly bought the adjoining
property. Nos. 32 and 34, and now controls
a plot 60x100.5 feet.
65TH STREET— H. C. Senior & Co. sold
for Rachel Rosenblum the flathouse No. 29
West 65th street, on a lot 31.3x100 feet, to a
Mr. McGulness for investment.
128 TH STREET-Schmeidler & Bachrach
bought No. 211 West 12Sth street, a three
story and basement dwelling house, on a
lot 16.8x99.11 feet.
145 TH STREET— The Henry Morgenthau
Company sold to the Palther Realty Com
pany, of which Paul M. Herzog is presi
dent, a plot, 75x100 feet, on the south side
of 145 th street, 200 feet east of Eighth ave
nue. The selling company will erect on
the site a theatre with a seating capacity
of one thousand for the Palther company.
147 TH STREET— N. S. Simpkins and
Mrs. Gorham Bacon sold a plot of three
lots, 75x99.11 feet, on the south side of
147 th street, 100 feet east of Amsterdam
avenue.
THE BRONX.
172 D STREET-J. J. Haggerty sold for
the Elzicl Realty Company the southwest
corner of Bryant avenue and 172 d street,
a three story brick two family house, on
lot 20x100 feet, to Jacob A. Stern.
170 TH STREET— Porter & Co. and F. E.
Barnes sold for C. Wiedhopf to an investor
the two new four story double flathouses
Nos. 825 and 827 East 170 th street, 36x100
feet each.
PROSPECT AVENUE — The Prospect
Realty Company sold for Julie Duffln No.
882 Prospect avenue, a three story frame
building.
IN THE AUCTION ROOMS.
The auction sales held yesterday at the
Real Estate Exchange salesrooms, Nob. 14
and }6 Vesey street, resulted as follows:
By Joseph P. Day.
C3D ST. 210. 8 ». 155 ft t of 3d aye. 20x100.5;
4 sty tenmt and store; Julius Baehrach et al
agrt First Avenue Realty Co et al; Isaac
Cohen, atty; F* P Pale, ref; amt due, $3,
687 20; taxes, etc, $373 CO; sub to a prior mtß
of $11,000; to the plaintiff for $18,109.
EASTBURN AYE. 1754 and 1756. c •. 168.4 ft
n of 174 th st. 60xf)5; two 2 Sty dwl^s; Eliza
Kennedy act Belmont Realty and Construc
tion Co et al; J J X O"Kennedy. atty: W T
Steam. ref; amt due. $1.327 44: taxes, etc
$360. sub to two prior vatgts aggregating $8,
000; to Sophia Knepper, a party in interest,
for $8,705.
10TH 'ST. 66 and «S. a a. 78.1 ft" • of «th* aye,
&0.4x»2.3x irre*: two a sty tenmts; S M Kturger
a«t George Nicholas et al; P Sturgeg atty
Warren Leslie, ref; amt due, $14,Cf)5 98;" taxes,
etc. $69,163 20; adjourned to Jan 13.
2TH AVK. n « cor of 4«th st. 80i126x Jrrer- «
sty store bldg; J J Herrington agt Metropolitan"
Mercantile and Realty Co: Louis Sanders, atty;
sherWe sale of all right, title, etc. which
defendant had on Sept 7. 1009. or since; with
drawn.
The auction offerings to-day will be as
follows:
By Samuel Marx.
121 ST ST. 221». n s 325 ft c of 3d aye. 28x100.10:
6 sty tenmt and store; Rone Bardach aft
Henry Korn et al;.}{ymee, W & g attya J
A Koley. ref; amt dv*-, $s.Mtf» 30; taxes etc.
$650; sub to a first mtg of $2C,000.
By Joseph I*. ay .
IST AYE. IWS.V * m cor of S«th st. 2S.BxSO- 8
■ty tenmt and store; EN' Hall a t Nicholas
Balrevs et &1; fc. C Dusenbury, atty M J
Prise"!!, ref; amt due, $19,010 20 taxes etc
$386 94.
RECORDED LEASES.
(With name mid address of lessee.)
JANUARY 6.
ATTORNEY ST. IM-157; Cornelia Wechsler
to Catcrina <.eril!o (Jan 6); 3 yia from Dec
3, UMO; *.r>.oo<).. r >.oo<).
' Address,' 155 Attorney t.
BLE£CJ£BJt ST. ; asH, Krzlaiio M glmonelll to
Pletro 'lotnalni: b 11-12 Jr , from Jan 1.
1310; 1,320.
Addrw*. Boom iCUS, 277 JUrvaJ*i/.
NEW-YORK DAILY TRIBUNE, FRIDAY, JANUARY 7, 1910.
AVH D, 109. i w cor Bth st: Mci-Hh Sha
piro to Max Gottehrer (Jan 8); 0 yr« from
Jan 5,' 1010: $4,080.
Address, 100 Avenue D.
FULTON ST, 102, ■ » 25x81.1; Fulton it.
104, b h, 24,0x"9.1O < Fulton Chamber* . Co
to 102-104 Fulton St Co: 10 4-13 yrs from
Jan 1, 1010,- $12,000.
Addresu, Room 41, 18 Wall «t.
HUDSON ST. 408; Henry L. Meyer ci al to
Qeorire Herdt, jr (Jan 6); 0 yr» from Jan
6, 1010; $1,600. .: r
Address, 498 Hudson at.
HOUSTON ST. no cor Elizabeth it; Jtohn
Focarlle to Nicola Sarconl (Jan 6); B yra
from Nov 1, 1000; $1,500. -
Address. 255 Pleasant ay«. —
LENOX AYE, 341, w 8, 20x100; Henry Ein
stein to Thos Cunningham (Jan 6); 18 4-12
yr« from Jan 1. 1010; S.3.GQO.
Address, 341 Lenox aye.
RIVINQTON FT. 100-102. n c cor Ludlow it;
Hlrsh :tablnowlch to Louis X Flebert (Jan
6); C yrs from May 1. 1900; $1,800. (
Adelines. 100 Itivlngton si.
SOUTHERN BOULEVARD. 1501-1503; Boule
vard Cons Corpn to Joseph Ecker; 5 yr«
from Jan I, 1010; $660.
Address, 501 Boulevard.
THOMPSON ST. 08 and 10*; Jno Palmier! to
Emanuele Llssandrello; 'a yr« from Jan 2,
1010; $0,000.
Address, OS Thompson Ft.
16TH ST. 226 East: Ada C Williams et al to
G>istav Adolph (Jan 5); 5 yrs from Nov 10,
1009: $900.
Address, 22S East 15th St.
28TH ST. 14H; Annie I Knapp to Geo Glo
vanna 4 »-12 yrs from Jan 1, 1010; $1,000.
Address, 149 East 23th at.
115 TH ST. 33S East; PetronlUa Zlrpoll to
Giovanni Capraro; 5 yrs from June 1, 1909;
$240.
Address. 3SS East 115 th St.
RECORDED TRANSFERS.
(With name and address of purchaser.)
MANHATTAN.
• JANUARY 6.
BROOME ST. 426. n s, 25x100; David J
King et al to Wm H White (Jan 5) ; $47,500.
Address, 541 Madison aye.
CHRYSTIE ST. 221. n w s, 20x100; Joblb B
Kyle to F Champion Sauter (rati, $1,000)
(Jan 5); $1.
Address. 445 sth aye, Brooklyn.
GROVE ST, 28. s s, 21.6x100; Annie E Bog^n
to Mary S Walsh; $100.
Address, 28 Grove st.
HESTER ST. 167. n s, 23.6x100; Adellna
Anselmi to Carmine Luongo (mtgs, $24,000) ;
$100.
Address, 107 Hester st.
HENRT ST, 294, s s, 24x93 ; Annie Lazarus
to Minnie Schmltt (intg, $23,000) (Jan 5);
$100.
Address, 240 Ea»t 87th st.
IRVING PL. 0" and 69, w 8. 46x85.6; Chas
Hirschhorn to Robert Burns Realty Co
(mtg. $20,000) (Jan 5); $100.
Address, 32 Broadway.
LAWRENCE ST. 84. s s. 2(5x100; Joteph
Zwlck to George Ehret (mtg, $38,000) (Jan
6): $1.
Address, 235 East 92d st.
LENOX AYE, 42tt and 431. w a. 49.11xT5;
Edward J Schevclk to Anton Oppermann
(mty. $64,000). $1.
Address, 320 East 67th at.
LENOX AYE, b w cor of 148 d «t, 40x100;
Anton Oppermann to Edyard J Sehevclk (mtg,
$78.«»); $1.
Address. 209 East 71st st.
LENOX AYE, 472, c 8. 25x85; John Rusche
to Jacob SchlfC (mtg, $10,000) (Jan 5);
$100.
Address, C 24 Courtlandt aye.
MERCER ST, 231. w s, 25x10; Morlts Well
to Cella Stern (Jan 5); $100.
Address, 110 West 34th st.
3D AYE. c s. 25.11 ft n of 101«t «t. 25x»0;
Ellse Boyd to Lena Kannensohn (Jan 5) ;
$100.
Address, 1592 Madison aye.
SD AYE. 1831, c b. 70x90: Lynn W Thompson to
Ellse Boyd (Jan 5); $27,000.
Address, 2156 3d aye.
TTH AYE. r w cor of 49th st. 25x96: Danl S
McElroy et al to Henry T Williams (Jan S); $1.
Address, New Rochelle, N Y.
12TH FT, 514 East. 25x103.3- Albert H UUmu
to Bertha Robinson (mtg $32,T50); $100.
Address, ll»7 E 120 th st.
22D ST. s K. 195.10 ft c of 7th aye, 41.8x98.8;
Wmiowb Realty Co to Reliant Holding Co (mtg
$42. 000) (Jan 6); $100.
Address, ICO Broadway.
25TH ST. 138 and 140 West. 46.4x80.11; Wm R
Morgan to Lee Kolstein (mtg $30,000); $100.
Address, 33 Bleecker et.
84TH ST. 317 'to 32S East, 89.3x9R9; Julius
Sternfetd to Surnfeld Rldg Co; $1,000.
Address, 114 East 23d st.
3STH ST. 453 West. 32x98.9; Julia A Sherwood
to Chas F Keegan; $2,000.
Address, 124 West P4th st.
EAMT-3 PROPERTY; Alfred J Keegan to same;
$2,000.
Address. 124 West »4th st.
45TH XT, c s. «50 ft w of 10th aye. 85x100.5;
Belin?Rosner to Edward Kates (Jan 6); $100.
Address. Room 1412, 132 Nassau st.
48TH ST. 507 West. 25x100.5; Charlotte Ruppel
et al to Melvln G Lathrop (mtgs $21,600) (Jan
5); $1.
Address. Mount Vernon, N Y.
6STH ST, 43 West. 19x100.5; Thos E Crtmrnlna
to Louise Veltin; $1.
Address, 160 West 74th st.
72D ST. s s, 176 ft c of sth aye, 22x102.2; Mar
garet Duckenbach et al to Henry A C Taylor
(mt* $07,600) (Jan si; $100.
Address, 30 Pine st.
71FT ST. 416 and 418 Es rt. 60x100.5; Aiiolph 8
Miller to Rkardo Realty Co (mtg $47.00f>);
$100.
Addreas, 1120 Union aye.
818T ST. 8 s. 310 ft c of 2<l aye. 15.6x102.2; Mor
ris Kite to Christine Kuenzel (mtg $6,000);
$100.
Address, Room 1309, 140 Nassau st.
82D BT. 302 East. 18x61.2; Stonlngton Realty Co
to Farah Greenbaum (mtg $9,200) (Jan 6); $1.
Address. 134 East 110 th st.
83D ST, 828 East. 25x102.2; Para Hlmmerwelt to
Geo A Stelnmuller (Jan 6); $100.
Address. 1511 3d aye.
SAME) PROPERTY; Geo A Stelnmuller to Meyer
Hlmmelwelt (Jan 6); $100.
Address. 328 East 83d «t.
84TH ST. n s. 94 ft w of Eastern Boulevard,
25x102.2; John Mehl et al to Robert Mehl et
al (mtg $9,600); $100.
Address. 207 East 87th st.
BCTH ST. 345 EAST, 26x102.2; Morris Schlosa
man to Stanislaus N Tuckman (Jan 6); $1.
Address. 820 Broadway.
95TH ST. 176 East. 18.9x100.8; Bel wood Realty
Co to Minnie Rose (mtg $7,250); $1.
Address. Room 1006, 35 Nassau st.
110 TH ST. n s. 305 ft c of Park aye. 25x100.11;
Wolf Welsbrod et al to Emanuel E Rels (mtg
$22,000) (Jan 5); $100.
Address, 100 West 119 th st.
113 TH XT, 19 East, 25x100.10; Samuel Herzog
to Sadie Horzog (mtg $25,000): $100.
Addross. Room 1412, 132 Nassau st.
113 TH ST. n p, 100 ft w of Broadway, 75x100.11;
Susan Devln to th*> Kcheer-Finsberg Realty and
Construction Co; $ltX>.
Address, 198 Broadway.
114 TH ST. 304 West, 2f5x100.i1; Ohas Geler et al
to Florence Rlttwagen (mtg $18,000) (Jan 5);
$2.«,000.
Address, 97 Chambers Bt.
132 D ST. s s. 154.11 ft 0 of 7th aye, 19.10x99.11;
Hannah Wallach to Rosle Yaeger (mtg $8,000)
(Jan 6); $1.
Address, 176 Broadway.
140 TH BT, 219 West. 2SxSft.ll: Thos Rrennan to
Albert Marschat (mtg $22,000) (Jan 5); $100.
Address, Sheffield, Mass.
143 D .ST. n s, 200.6 ft w of 3d aye, 20x100.2;
Washington II tfeaudlne/ to Francis Rogers
(mtp S8.o0i) (Jan 6); $100.
Address. New Rochelle, N V.
145 TH ST. n «. 125 ft c of Broadway, 100x90.11;
Keystone Investing Co to Fred L Martin (mtgs
$115,000) (Jan 5): $100
Audress. 2 West SOth st.
15PTH ST, 573 West. 37.6x99.11; 159 th st, 871
West, 37.6x09.11; I/Jiils L Samlach to Joseph
Newmark (mtgs $84,00(1) (Jan 5); $100.
Address, 211 East 113 th st.
187 TH ST. n s, 100 ft w of Amsterdam aye, 175 x
94.10; Plncus Lowenfeld to Joseph Ktng (mtg
$30.0tV)>; $100.
Address, Room 1.405. 128 Broadway.
BRONX.
BARKL.EY AVB. c «. at w s E«iison aye, 100*
100; the Extates Development Co to Geo W
Whitney; $1.
Address, 2366 7th aye.
BECK ST, 724, c «, 25x100; Katz Polacelt Realty
and Cons Co to Jas B Smith (mtg $8,500); $100.
Address, 309 Washington st.
CROTONA AYE, n c cor ISOth st. Ssx irregular;
Amalia Plrk to Plrk Realty Co (mtg $14,000)
(Jan 5): $100.
Address. 114 East 108 th st.
COLLEGE- AVIS, 1267. w r. 20xS3; Phelan Bros
Cons Co to Sarah J Phelan (mtg» $8,000); $100.
Address. 1910 Webster aye.
COLLEGE AYE. 1271. w «, 20xW; Ph«lan Bros
Conn Co to Sophia C Phelan untg $6,000); $100.
Address, 1010 Webster aye.
CASANOVA ST. c s. 132 ft c of Eastern Boule
vard, 60x100; East Bay Land and Impt Co to
Vito A Mari>no (Jan h); $100.
Address. 25 Pine st.
HOE AVB. U6l. w i. 2flxl00; Bernard NeveUon
to Nevelson Goldberg Realty Co (Jan 5); $1.
Address, 150 Nassau st.
***£}' £ttt£ ?' . fi:!IS , V V rom w " Kdgeoombe
Road 25x100 .being lot 424. map Juniol estate;
Edeecombe Road, a w *, being lots 428-42 A
same map; begins 100 ft w of Jumel Place at
b w cor lot 423. 50x Irregular; Frelericka
Radle estate to Fiances Breuel (Jan 6) $1
Address. West 170 th «t. near Amsterdam' aye
LOTS 334-335. map Hunt's Point Realty Co- An
thony M Owen to Nicholas F Peterson '(mt«
Address. 740 East l4»".th st.
LOT 12 to 25, map in wood; lot S3 to 38
same map. begins 7H.8 ft s c from land Cum
mirißs. 1«2.2x Irreg; Owen Burns to Albert H
Gleascn; $1.
Address. 258 Broadway.
SAME PROPERTY: Albert H Qleaton to Owen
Burns; $1. v
Address, 112 West 63d st.
LOT 6, block 57. map Section 1. Morris Park-
John M Dahl to Kroerich Audreith (Jan 6);
Address, 160 Broadway.
LOTS 63 and C 4. map Uronx Terrace; Irving
Realty Co to Henry L Maus (Jan 5); $100
AiMn-ss, 3258 3d aye. * "™
PItOSPECT AVK. n w cor 179 th it 50x100-
Ernestine Mallno to the Levlnson 'improve
n'Hii Co (mtj? $6,000); $ioo. *"ipiu "
Address. 400 East HUtli st.
PKOSPECT AVi:. £82. « s. 28 11x654- Julia
I»ufTrln to Theresa Schiffman (mtg' $8,000)"
(Jan oi ; $i ( *j.
Address, 652 Proapect aye.
6T. "i.AWItK.N -i: AVK. w a. 60 ft ■ of Mer
rill at. 85x100 Naomi 1 . rm an to John J
Rlley (mtg $300) (Jan 8); $100
Address. Room 517, luy Naesau m.
TELLKH AVB, "*•• w •■ 20x100.1; Teller aye
10«). to 1073 W .. 80XJ00.1; Joseph Km/ to
riiicua I>uwentel<l (mtgn $37,000)- $100
Address, 14a Uroadway. '" * Ui
VALENTINE AYE, ■ • R. 206.0 ft ft • of lOSth
st. BOxWi; Ahraham Kaufman to Jno J *ar
triJKo (mtjr $10,000) (Jan 6); $100.
Address. 54 Park Place.
WASHINGTON AYE. w s, M** l J£™ tt mi M.
Boettchcr to Wn Uuchwald (mtg $4,000). »iw-
Address. 203 East. 88d st.
■WILICINS TLACE OR AYE. • s. 829.1 ft n or
Southern Boulevard, 2Tix142.1; Andrew Brice 10
t!-;.' Jacob Strelfler Co (Jan 6); $1.
Address. 129 West 125 th st.
3D AYE. 3700 to 3710. c s. 70*100: B Herbert
Wolfe to Isaac N Heidelberg ll * $52,000). * l
Address. 046 Broadway. '
I«TH PT. 817 to 821 East, n ■.**£££
Josephine Elsenhaus et al to Philip A Schlndler
(Jan 6); $6,000.
Address, 1301 3d ay«.
16CTH ST. n s, 123.1 ft w of Union ǣǥ..
140.4; Werner Knaus Realty Co to Fred X M
Allen (mtg $30,000) (Jan 6); $100.
Address. 749 East 137 th st. ■
2SSTH ST. Bw. w hi. lot 928. map Wakeflel d »x
114; Michael Varlan to Mary J Kelly (Jan
t>); tl
Address. 176 Broadway.
RECORDED MORTGAGES.
(With name and address of lender's aUorney.)
Interest v per cent unless otherwise stated.
JANUARY 6.
MANHATTAN.
CORNELIA ST, n s, 40.11 ft w of 4th st. 25*'^
due. etc. as per bond; Sarah Miller et al 10
Title Guar & T Co; $13,000.
Address. 176 Broadway.
FRONT BT. 61. « B. 27.8 x irreg (Jan 6); f IB*
4tt per cent; James W Phyfe. exr, to Crulk
shank & Co; $11,000.
Address, 141 Broadway.
GRAND ST. 881 and 381%. « *. 2!i *\ oO } P^? e '^'
as per bond; Meyer Rablner et al to Title Guar
& T Co; $30,000.
Address. 176 Broadway:
HENRY ST, 137. n s. 25.9x100 (Jan 6); B _yrs;
Mary E Mulllns to Lawyers Title Ins & Trust
• Co: $20,000.
Address, 100 Broadway.
SAME PROPERTY (prior mtg $20,000); same to
s Alex Rosenthal; $3,000.
r Attorney. Samuel Zlprts. 157 East Broadway.
LENOX AYE, 808, w s, 27x100; due, etc. as
per bond; Fredk H Schwelbert to Dry Dock
Savings institution; $22,000.
SAME PROPERTY (prior mtg $22,000); same
to Johann H Schwelbert; $0,000.
Address 3d st and Bowery.
LENOX AYE. 472. c s. 25x53 (Jan 6); due, etc,
as per bond; Jakob SchlfT to Jno Ranches
$12,000.
Address, 636 West 150 th st.
THAMES ST. 15 and 16%. n s, 32.1x33.2 (Jan
6); 3 yrs, 44 per cent; Cassie Doyle et al to
Title Ins Co of N V; $8,000.
Address, 135 Broadway.
VESEY ST, 41, s w 6, 32.6x30.6: Vesey st, 43. 8
s. 25x82; 3 yrs. 4V4 per cent; Lawrence J
Callanan to Hermann H Cammann; $90,000.
Address, 170 Broadway.
WORTH ST. s s, 125 ft c of Church st. 60x100
(Jan 5); 5 yrs, 4 per cent; Allster Greene to
Robert D Winthrop; $75,000.
Attorney, Chalmers Wood, 62 William st.
2D ST. 18. n s. 20x6« 10; 5 yrs; Frank Knauss to
Andrew S Hamersley; $7,000.
Attorney, Henry Meyer. 302 Broadway.
3D AVB. 1831, c 6. 23x90 (Jan 6); Lena Kannen
sohn to 131136 Boyd; $25,000.
Attorneys, Johnston & Johnson, 256 Broad
way. -•*
3D AYE, n w cor of 14th st (Jan 5); Oeo F
Gouraud to Wilson Stukey; demand (4
mtgs); $988 84.
Attorney, Edw X Somervllle, 60 Church St.
7TH AYE, 2505 and 2507, c s, 89.10x100 (Jan
5); Pauline Greenwald to Albert Kaskel;
5 yrs; $45,000.
Attorneys, Kurzman & Frankenhelmer, 25
Broad st.
1 7TH AYE. n w cor of 49th st, 25x96 (Jan 6);
Henry T Williams to Robt Graves et.al;
5 yrs; $10,000.
Attorneys. Bowers & Sands, 31 Nassau st.
11TH ST, 328 East, 25x»4.10; Domenlco Bo
nomolo to Filippo Princlotto; 4 yrs; 0 per
cent; $1,100.
Attorney, F Princlotta, 980 Columbus aye.
18TH ST, 410 and 412 East, s a. 50x92 (Jan
6); Aaron Stone to Title Guar & Trust Co;
due, etc. as per bond; $14,000.
Address, 176 Broadway.
28TH ST, 134 East, 20x74; Keran Flynn to
Title Guar & Trust Co; due, etc, as per
bond: $10,000.
Address. 176 Broadway.
2STH ST| 228 West. 24.10x93.9; Caroline Rels
to Oestreicher Realty Co (prior mtg.
$18,000) (Jan 5); demand; 6 per cent; $3,000.
Address, 2328 7th aye.
80TH ST. 113 West. 25.6x90.2; 80th st. 111
West. 16.8 x irreg- (Jan 5): Oeotrelcher Realty
Co to Annie S Arnold; due Feb 1, 1915; 4%
per cent; $00,000.
Attorneys, Curtis, Mallet, Provost & Colt.
30 Broad st.
83D ST. s s, 200 ft c of 6th aye, 60x08.9 (Jan
5); Lisle Realty Co to Onondaga County
Savings Bank: $315,000.
Attorneys, Trowbrldge, Guernsey A Stone,
1 Liberty st.
34TH ST. 317 to 323 East. 89.3x98.9; Stem
feld Building Co to Title Guar & T Co; 8
yrs; 6 per cent; $225,000. .
'Address, 176 Broadway.
44TH ST. s s. 290 ft « of 10th aye. 20x100.5
(Jan 5); Janet C Crawford to Benj V Jones;
1 yr; 6 per cent; $1,000.
Attorneys, Webber & Webber, 7 Beek
man st. v
46TH ST, 607 West. 23x100.5 (Jan 5); Melvln
T Lathrop to Charlotte Ruppel; 4 yrs; 6
per cent; $5,500.
Attorney. M E Joiner, 56 Pine st
66TH ST, 825 W*6t. n a, 40x100.5 (Jan Si-
Henry Harris to Maria W W Proctor (prior
mtg. $65,000): due June 18, 1913; $3,000.
Attorneys, Alexander, Watrlss & Polk. 32
Nassau st.
57TH ST, n a. 144 ft • of 7th aye. 18x100.5;
Edward C Jones to Greenwich Savg Bank;
due, etc, as per bond; $20,000.
Attorney, Geo G Dewltt, 88 Nassau st.
6STH ST, 344 and 346 East. 40x100.4 (Jan 5):
Caroline B Jones to Washington Trusf Co;
6 yrs; 4% per cent; $25,000.
Attorneys, Russell & Percy, 32 Nassau st.
67TH ST, 214 West, 23x100.5 (Jan 6); 5 yrs;
Rose Sllberstein to Hannah Newburger; $15,000
Attorney, A Stern, 31 Nassau st.
88TH ST, .8. 8 s. 221 ft W of East End aye. 5*5 *
100.8 (prior mtg $10,000) (Jan 5); 3 yrs 6 per
cent; Saml Wenk to Henry Frank; $9 000
Address. ICO Broadway.
91 ST ST. 164 East, l -B*loo.B (Jan 6): 5 yrs;
Carolina Krakaur to Dena Aufses- $8,500 "
Attorney, Solon B Ltlienstern, 68 William st.
»IST ST. 70 West. 21x100.8; 6 yrs, 4% per cent;
John P Nolan to U S Trust Co of N V; $16,000.
Attorneys, Stewart & Shearer. 45 Wall st
85TH ST. n "• 263.9 ft c of Lexington aye. lS.9f"
$ll'o'jO 8 yrs; Minnie Rose to Mary A Murphy;
Attorneys, Clarke & Clarke, 51 Chambers St.
97TH ST. n s, 249.6 ft w of 2d aye, 24.6x100;
due, etc. aS per bond; Fannie Loomer to Chas
Address! 31 "Broad St.
9STH ST, 202 West. 2exl00.11; 8 "yrs; Carrie
Frelensteln to Franklin Say Bank of N V;
$18,000.
Attorney, W M Powell. 29 Wall st.
10CTH ST, n *. 12,", ft c of Amsterdam aye 25x
100.11; due Jan 1, 1915; 0 per cent: Michael C
Gross to Madeline M Cress; $3,250
Attorney, M C Gross, 271 Broadway.
106 TH ST, n s, 100 ft c of Amsterdam aye 25x
100.11; 5 yrs. 6 per cent; Michael C Gross to
Madeline M Gress; $3,250.
Attorney. Michael C Gross, 271 Broadway.
112 TH ST. 250 East. 18.0x83; 5 yrs, 4% per
cent; Frank Fortunato to Union Trust C -
53,000.
Attorney, F de Forster. 18 Wall st.
114 TH ST. 118 East. 26x100.11; 5 yrs, 4% per
cent; Simon Unger to Emigrant Industrial
Say Bank; $4,000.
Attorney, W C Orr, 51 Chambers St.
140 TH ST, 219 West, 23x09.11 (prior mtg $26,000)
(Jan 5); due etc as per bond; Albert Marschat
to Thoa Brerfnan; $5,000.
Address, 176 Broadway.
BRONX.
AYE B, s c cor of 10th st, 83x261.8, Union
port <Jan B); Lena Hoffman to Jos
Schmeiser; 3Vi yrs: $10,000.
Address. Bartow, N Y.
BRIGGS AYE, 2574, c s, 23x125 (Jan 5)-
R'-gina Friedman to Title Guar & T Co;
due, etc, us per bond; .s>\Ooo.
A.ddr<bH, 170 Broadway.
BRYANT AYE, n c cor of 172 d St. 20x100;
Elvlel Realty r o to Lawyers' Title- Ins ft
T Co; .'. yrs; $10,000.
Address, lUO Broadway.
BRYANT AYE, c w, 20 'ft n of 172 d st. 4
REAL ESTATE.
list. 1867 Inc. 19U2
Ruland&WhitingCo.
REAL ESTATE
5 BEEKMAjf STREET. NEW YORK
I
REAL ESTATE FOR SALE OR TO LET
"" BOHOtGU OF MANHATTAN^ ~"
High Class American Basement
House, 20 Feet Wide.
Handsomely Furnished.
Best location on the West Side, 60th Street,
near the Park. Would rent for winter months
or longer. Apply
L. J. PHILLIPS cV CO.,
72nd Street and Columbus Aye.
FURNISHED HOUSES to LET%
BOROUGH OP MANHATTAN.
ATTRACTIVE 5 STORY American basement'
centrally located in 7O's, near Central purl/
West?* electric llßht, four baths, elegantly fur
nished; particulars from Alfred E. Toussalnt
4CO Columbus aye.
UNFURNISHED APARTMENTS
THE BLLNOkD.
B\vny, Amsterdam Aye.. and 86th to 87th St.
W. H. DOLSON A CO.. Agents
r.'JT Columbus Aye.
ikOCTOB OR IIKXTIST — 8 ROOMS, ground
floor; reasonable rent HOTEL CALUMET
340 W>«t fi7th »t " al '
APARTMENT HOTELS. " ~
HOTEL ABERDEEN"
West 32d Street-
Brt»ve«n sth Are. «nd Broadway
Exclusive surroundings, with complete iaill-l
In all details. Attractive Suites »nd «utlri«!
accommodations for transients. Spacious a. Lit
menta. one room and bath to eight room. »
four l-aths. Furnished or unfurnished on h2f
\-.-v D. *-. HATUAWAY. MaaJ^ *
REAL ESTATE.
ANNUAL REPORT OF THE
Lawyers Mortgage Company
JANUARY Ist. 1910 _
RICHARD M. HURD, President.
To the Board of Directors: BH « . „ ♦•.>,! .*?..
Gentlemen: The year IVO9 ha, been in every wav th* mr.t wce«ifu! io tht hhtorrof thi Co "VVi* Ml tl. <£»»
of Guaranteed Mortg es, $35,333,294, th» n-*t increi« m OatstanJin; Gui;a a t«J M ,:t «a?.-.. *V 7 .«*;f **' « '*£
earning,, $654,175, and the net profits, $538,177. all exceelin ? th S co-rosponimi hjur^of in/ ***** p*± «■ »*•
total Outstanding Guiranteed Mortgages now amount to $34,702,437.
The comparative figure, for recent year* are a* follow* , £ Outstanding Gau-
Outstandin* Guir- anteed Vftjii
Mortgages Sold. anteed Mtge*. Dec 31»t.
19 03 $9,014,014 $5,663,500 $17.677.74S
\ZI i ;:::::::::::::: 16.263 278 10.442,649 28,110.397
\Zi :::::::::::;::: 19,922,009 12,763,384 40,876.781
90 l 22.959.085 13577.369 54.454,150
152? :-::::::::::::::::::: 20,316.677 9.225.575 63,679.72S
1908 :::::::::::;:ir. 27.152.558 13,598.209 n-sii-!jj
1909 .'.'.::"..;;;*.:::::.. .1!.!...../.... 35.333,294 17,424,548 94.702,48 a
The Grots Earnings and Net Profit* of the Company for recent years havj beea as follow*:
EARNINGS . <o(^ _ c
1909 1903 I*o7 190<s 1905 _„
Premium, for Guarantees $410 *£ $340 300 $296 310 1234.909 1144,329
Premiums for Guarantees jSs?* 199372 183.02S 2O2^i
K:S ;;;:::::::::::::::::: 235.9Z5 ' J »'° ll ' • 19 KS a ft** <im
Rent, Commissions: etc 7.362 10.012 8.130 >°*f
taming, "*654,175 $569,931 1503.812 $421,989 $374.t»2
EXPENSES . ;^
1909 1903 1907 1906 1905
Rent $19 000 $12,984 $8-563 $6,054 $0,343
AdveVtuinVandsVatio;;;;:::::::;:::::::: 14.404 jaw ;«j; «j n.^
B it«\' n dGVne r ;i-E XpVnVe;:::::::::^X pVnVe;:::::::::^ _HII lliS iw "m a^
Expense. $145,998 119.733 102.622 _ 88,« JO _?M 3 .!
Ne.EarningV $508,177 $450,198 $401,190 $33*389 $281.Ml
The percentage of Expenses to Gross Earning* for the past few yean have bsea ai folSowi: 33* in 1933; 31* in IW4<
25% in 1905; 22 m 1906; 20ft in 1907; 21% in 1903; aid 22% in 190*
The rate of Earning! and Dividends on the Capital Stock for recent yean hlvs been as follows:
Capital Earning* Dividend!
' 1902 $1,000,000 6 percent 5 pel cent
1903 " 2,500,000 7 percent 5 percent
. 1904 ..* 2,500,000 8 percent 6 per cent
2905 2,500,000 11 percent 7 per cent
1906 2,500,000 13 percent 8 cent
1907 2,500,000 16 percent 10 per cent
» IVOB . 2,500,000 18 percent 10 per c«.nt
1909. ." {^SoolSoO ■ * 15 * > er " nt 12 percent' '
•On average Capital for the year of $3,250,000. Capital increased July 1. 1909, from $2,500,003 to $4,000,000.
The large increase in Outstanding Guaranteed Mortgages during the past year is but little reflected m ?tM
earnings for that period but will show in future earnings.
< UNEARNED PREMIUMS . ,
In addition to the cash earnings are the Unearned Premiums, which consist of the Company contract profit oi
one-half per cent per annum on outstanding mortgages from the date of this^ statement to the maturity of the mort
gages. These future — which are nor carried as — amount to $1,036,961.
The Assets and Liabilities of the Company on Dscsmber 3lit, 1909, wers as follows:
I New York City Mortgages ASSETS $5,544,348 12
New York City Mortgages $5,544,348 12
Company's Brooklyn Building, c05t.,.,....*. 175,000 00
Cash.... 1,224,328 07
__________
$5,943,67« 19
LIABILITIES
Capital $4,000,000 00
Surplus 2,000,000 00
Undivided Profits '. 247,745 22
Mortgages Sold, not delivered 695,930 97
) $6,943,676 19
Since the increase in March, 1903, of the Company's capital, Dividends have been paid to Stockholders amounting to
$1,540,000, in addition to which $814,091 has been curried to Surplus or Undivided Profits, making total net earnings of
$2,354,091. In addition to these earnings, the net increase in Unearned Premium* from January Ist, 1903, to December 3i«,
1509, amounts to $933,406. .^ \
The Assets and Liabilities of the Company have been verified and the Company's accounts certified as or December
31st, 1909, by THE AUDIT COMPANY OF NEW YORK.
There are 7,121 mortgages outstanding, the average loan being $30,009 in Manhattan; $5,633 in Brooklyn* aai
$13,000 in the Bronx. , . „. . * ;
An analysis of the Guaranteed Mortgages sold during the year 1909 snows tn« following fact* »
DISTRIBUTION BY CUSTOMERS
Savings Banks $4,438,450
Trustees 10,437,175
Individuals 10,597,719
Charitable Institutions 4,276,350
Insurance Companies 4,559,000
Trust Companies , 1,024,600
$35,333,294
From these conservative classes of investors the Company continues to gain new customers, as is evidenced bjr th*
following figures:
NUMBER OF CUSTOMERS
January Ist 1903 519
January Ist, 1904....; 692
January Ist, 1905.: 1,012
January Ist, 1906 1.365
January Ist, 1907 1,925
January Ist, 1908 2,235
, January Ist, 1909... 2,775
January Ist, 1910 3,201
DISTRIBUTION BY RATES
Mortgages sold to net 4 per cent $3,087,000
Mortgages sold to net 4% per cent 30,720,794
Mortgages sold to net 5 per cent 1,525,500
$35,333,294
The above distribution of rates indicates the drop in interest rates during the year I^)9. For th« coming ytir *
the interest rates to investors will probably be 4% net for Guaranteed Mortgages on high-class mercantile buildings »r
private residences in Manhattan and A%% on all other Guaranteed Mortgages.
The following Map shows the distribution of th: total Outstanding Guaranteed Mortgages of the Company «i
January Ist, 1910, in Manhattan, ths Bronx, and Brooklyn:
It is worthy of note that 64 per cent, of the Company's mortgages are on Manhattan Island, whila 27 p«r ctat. m £a
Brooklyn and 9 per cent, in the Bronx.
VALUATIONS OF LAND AND BUILDINGS AND FIRE INSURANCE
y Value of Land Value of Building Total Mortgage Loaai Fir*. t«
Manhattan A.,... $50,003,530 542,905.850 192,909,380 $59,438,200 147 «O?251
Brooklyn 12.507.635 30.957.990 43.865,625 25 318 443 ttSXSK
Bronx... 4.744,350 9,518.900 14.263.25) 8 506 303 S'JJt--^
Mtg. Ctf. 1.110.700 1.235,900 2.346.600 1.439.532 liSooOJ
$68,766,215 $84,618,643 $153,384,855 $94,702,430 $87 334,130
The average amount loaned by the Company is 62 per cent of the Company's own appraisal. '
folloJng'By^wsf 1 ' Pr tCCti ° n ° £ lhC hOldC " ° £ Guaranteed Mortsage* the Board of Erector, has adopted th.
of tHe"comp a aT" ' ° outßtandlD « Guaranteed Mortgages shall not exceed twenty times the Capital and Surplu,
"This Article shall not be amended or repealed except with the written consent dniv „w»-t ** .
holder, of all the policies of mortgage Insurance then outstanding issued l b y the ComDanv '• cknowled « B<J . «' the
"Mortgages shall be guaranteed by the Company only »hen secured by real estat* imn ™, ,4 ,*£
or residence purposes, and situated within the present limits of the City of New S?k i? P ? f °. r builaM »
thereof as may hereafter be fixed by law. yOI * eH * ork « or Bucl enlargement*
"Such mortgages shall not exceed two-thirds of the valuation of the real eatate <,p,,,Hf» „
the company appraisers or such larger percentage of said valuation as mar be fixed l hv th- V * ac 7 taln by
of New York for the Investment of funds held by Truces, Trust CompaSS *Llfa In«™« £* ° f the St *
"The charge of the Company for guaranteeing the payment of mortgaVes shall not^ 2 Companies.
per cent, per annum of the principal amount guaranteed. mortgages snail not exceed one-half of one
"Thl3 Article shall not be amended or repealed except by the written onn^n* ~r »v
Directors then in office, and by vote of a majority of all the outstanding stock of "th« r. * hre '-' ou «»»» ° f th*
Stockholders' meeting called for that purpose." "*"u»us siock or the Company at a special
These limitations have been for many years in use by the Company and their effectiving,, ;« t
Company's mortgage investments is clearly evidenced by its unusually clean record in th e Matter ft ? ,"- fe^ ardl P2
and foreclosures. The Company has now under forecloseure only 23 mortcacc^ nunv of^'u «» delinquent interest
iL f sz^ {o x%"^ lt - The Compani ' m no foreclosed " J "^^ s '^-^^'t b^^
,I, IW Since December 12th. 1894. when the Company began business. 10.S00 mortgaee loans hay,. X "p^-^^
$173,000,000. of which the Company has been compelled to purchase 18 at foreclwuTe ile St«ti»- ? ' a *« re 8lf!I8 lf!I1 f
in total losses to the Company in fifteen years, of only $13057 wrcciosure sale, amounting to $423,000, resulting
A noteworthy event during the year has been the nureh'isr hv th* <*,-!,», v c i_ ~
new stock, the Capital thus being increased f rom Z £&X£ S^tt cl»«X\ tt fT* ° f $ll ' 55 ° OOO ° °*
$6,000,000, This action is highly important for • the protection of alM holders of oS? Gu^lnr I P i?* n °" »=>">«nting to
$&J£Sg cstabhshcd rate of increasiiig its capitai s - k in SS^ trfi-sss;
a smaller bus.ness; to continue careful inspections of \\l oroocrt?^ on whlrh S .Yaluatlons-*. Yaluatlons -*. yen at ** cost ofdSfm
CbSfTO this Company will f^^'^S^S^^SZ S ° Und **
furnishes, but an even more valuable , erv ic< perUr o rd y epre,sion^ C rive WhlCh ! " pefi ° df ° ( proS ' «y *™l
Annual Rcpott of the Company Mailed on Request
REAL ESTATE.
REAL ESTATE.