1004





RECORD  AND  GUIDE





May 10, 1913





Wants and Offers

The rate for Advertising under this heading is
15 cents per line, nonpareil measurement, with
a minimum of four lines. Copy received imtil
3 P. M, Friday.





i





Agency Dept. Manager

seeks connection with high-grade offlce
or estate. Good negotiator with executive
ability; 12 years' similar capacity prom¬
inent up-town firm. BOX US, Record &
Guide.

WANTED—An active man. experienced
in the management ot business and apart¬
ment property, who can handle the agency
department of a well-known real estate
firm. In answer state qualifications. BOX
120,  Record  and  Guide.______________________

WB are entirely out of the New York
Edition of the Record and Guide of March
J, 15 and 2?. 1913. We will pay 20 cents
each for these numbers It both sections
are delivered to us In good condition. This
offer will expire on May 13, 1913. Record
& Guide Company, 11 East 24th St., New
Tork.





FOR NE.ARLY  HALF A  CENTURY

we have been selling, buying, renting, manag¬
ing and appraising real estate.   We have seen
competitors come and go while we have pro¬
gressed.   There's a reason.    Let us serve you]
and you will discover the reason.

BULKLEY 4 HORTON CO.





Phone:
Bedford 5400





414!Myrlle Ave., near ClinloD Ave.
585.No5lrand Ave., near Dean St.





James L Brumley

ESTABLISHED 1888

EXPERT

Real Estate Appraiser
Broker and Auctioneer

189 MONTAGUE ST.
Telephone                         BROOKLYN. N. Y.





Officers and Directors of the
Brooklyn Board of

Real Estate Brokers







DE HART BEBOSN   ■
TBOMAS HOVENDEN
WfLLIAM H. SMITH
EUGENE J. GRANT





President

Vice-President

Treasurer

Secretarv





DIRECTORS

DeHart Bergen                    Howard C. Pyle

Isaac Cortelyou                    Eugene J. Grant

William P. Rae                   John F. James

Thomas Hovenden                David Porter

Frank H. Tyler                   A. J.   Waldron

Wm. Q. Morrisey                 F. B. Snow

0. 0. Mollenhauer                William H. Smith

Fenwick B. Small

DIRECTORS EX43FFICIO

John Pull'man                  Arthur B.  Oritman





BUSINESS NEWS

A Weekly Summary of New Catalogues and       I

Bulletins and of Articles Appcarlngin Cuircnt       j

Periodicals of Interest to Architects, Building       I

Managers, Contractors and Realty Interests.       i





Electrical   Engineers.

The April number ot the Proceedings of the
American Institute of Electrical Engineers Is
being distributed. (Price $1 each. 33 West
39th  Bt.)

A  New  Building  Estimator.

The 1913 edition of the New Building Esti¬
mator Is being distributed by Insurance En¬
gineer (price $3 net, prepaid. 80 Maiden lane).
The book Is designed to be of service to con¬
tractors, builders, architects, engineers, in¬
surance   adjusters   and   appraisers.

Isolated   Plant   Switchboard  Panels.

The General Electric Co. has Just issued Bul¬
letin No. A4116 describing that company's iso¬
lated and small plant alternating current switch¬
board panels, both generator and feeder, tor
three-phase 25 to 60 cycle circuit. The bulle¬
tin is made up principally ot dimension and
connecting diagrams, and miscellaneous data re¬
ferring to the various panels and equipment.

Electricity in the Packing Industry.

Bulletin No. A4119, just issued by the General
Electric Co. Is devoted to the application ot
electricity to the operation of packing establish¬
ments. In the bulletin are Illustrated various
applications of the electric motor.' Among the
applications mentioned are those of John Mor¬
rell & Co., North Packing & Provision Co.,
Swift & Co., of Chicago, John P. Squires & Co.,
etc.





Make your advertisements
talk—Just as your sales¬
men must talk—Then,
they wiil pull business.





Selection   of   Explosives.

List No. 18 for April ot new publications
Issued by the Department of the Interior, Bureau
of Mines, containing Bulletin 48, "The selec¬
tion of explosives used in engineering oper¬
ations," by Clarence Hall and S. P. Howell;
and Bulletin 55, "The commercial trend of the
gas producer in the United States," by R. H.
Fernald, are ready tor distribution. Not more
than one copy will be given free to anyone per¬
son. In asking for publications order them by
number and title, and address the Director of
the Bureau of Mines, Washington, D. C.

Lupton's New Catalog.

David Lupton's Sons Co., ot Philadelphia, Pa.,
Is Issuing Its new No. 7 catalog, which will be
sent free upon request. Special emphasis Is
made of the unusual installation of its pro¬
ducts and adoption of its system ot roof light¬
ing as shown in an insert of the catalog. A
description is also given of the company's new
motor driven Pond operating device. The cata¬
log Is improved and enlarged and should be on
every architect's shelves, because It contains
specifications and detail drawings showing the
various kinds of fanlight and continuous sash
operators in various kinds of buildings.





The Story of Joint Pipe.

Anybody who is interested at all in the prob¬
lem of carrying water in difficult places will
want to read the second edition, enlarged and
revised, of the National Tube Company's book
on Matheson joint pipe. The 19K1 edition ot this
book Is not only a work of art but it is of
practical value in that it describes Intricate
ways In which pipe Is laid. The chief value of
this booklet to architects and engineers here in
New York City lies in the fact that it is particu¬
larly adaptable to carrying high pressure loads
In buildings where vibration tends to loosen
joints. Copies will be sent upon application to
the general offices at Pittsburgh, Pa.





Concrete Construction.

The Universal Portland Cement Co., 72 West
Adams street, Chicago, Is distributing a new
book, "The Concrete House and Us Construc¬
tion." published by the Association ot American
Portland Cement Manufacturers. It has 224
pages, 159 llustrations and Is sold for $1 per
copy. The index of chapters indicates its scope:
"The Advantages of Concrete for House Con¬
struction" ; "Architectural Design and Treat¬
ment of Concrete Houses": Details of Con¬
struction" : "Operations in the Field" ; "Calcu¬
lations for Determining the Strength and Design
of Reinforced Concrete In House Construction" ;
"Calculating the Bending Moments for Rein¬
forced Concrete Beams and Slabs and the De¬
termination of Size and Reinforcement" ; "Tables
for Designing Reinforced Concrete Construction
and Their Use" ; and "Concrete Block Houses."
Persons desiring tbe book will receive one pre¬
paid by sending $1 to the Universal Portland
Cement Co.. Chicago, Pittsburgh and Minne¬
apolis.

-----------•-----------

—In the year 1909 tbe cost of coal consumed
by the Department of Water, Gas and Electricity
amounted to $613,806. The cost of coal In 1910
was $491,292. showing a saving of $125,514 over
the cost of the previous year, a condition w-hich
resulted from more economical and efficient
means of purchasing and handling coal. In
addition, there was 2.5 per cent, more water
pumped in 1910 than during the previous year.
Standard specifications and contracts for coal
have been adopted.





LAW  DEPARTMENT





Building   Contract.

The rule ot law that when the time specified
in a contract for its performance has been
waived neither party can thereafter rescind the
continued on account of delay without
notice to the other that it will be rescinded
unless completed within a reasonable time, to
be specified in the notice, applies as well to
contracts wherein no time is specified for com¬
pleting the work. In the latter case, if the
work has extended beyond a reasonable time
the notice is a prerequisite to an action to re¬
scind. A conversation between the parties in
which complaint was made of the delay, but
no definite time specified for a completion of
the work, is not such a notice as the law re¬
quires. The Court ot Appeals of this State so
decides In Taylor and Andrews against Goelet.
In May, 1900, Frank M. Taylor and Frank M.
Andrews, plaintiffs, entered into a contract with
Robert Goelet whereby Goelet agreed to erect
a building upon land owned by him, and when
the building was completed to lease the prem¬
ises to the plaintiffs for a term of twenty years
at an annual ground rent of .'f42,000, and in
addition an annual rental of 0 per cent, on
the cost of the building. 'The contract provided
that the building should be erected according to
plans and specifications prepared by the plain¬
tiff Andrews, who is an architect, and ap¬
proved by the defendant. The plaintiff agreed
to take a lease of the premises for tbe period
and at the rental mentioned on the completion
of the building, and in the meantime, beginning
with the date of the contract, to pay the defend¬
ant   $2,.500   a   month.

There was a provision In the agreement fix¬
ing the sum of $00,000 as liquidated damages
for a breach ot contract by the plaintiffs, and
the payments of $2,5CK) a month were to be
applied in the satisfaction of such liquidated
damages if liability for the same accrued. The
contract required the plaintiffs to furnish se¬
curity for the rent, and on the execution of the
lease and the furnishing of such security the
amount of the monthly payments theretofore
made by the plaintiffs was to be returned to
them. There are other provisions ot the agree¬
ment not material to the questions before tbe
court, but the contract was entirely silent as to
the time when the defendant should complete
the   building.

This action was brought by the plaintiffs to
recover the sum of $52,788, the amount of the
monthly payments up to February, 1908. The
complaint alleges that the defendant failed to
complete the building and lease the same to
the plaintiffs within a reasonable time,
according to the terms and provisions of the
contract, and therefore the plaintiffs had elected
to rescind the agreement and recover back the
money  paid   thereon.

It   was   proved   on   the   trial   that   In   August,

1906,   the defendant entered into a contract with
the General Supply and Construction Company,
a corporation of which the plaintiff Taylor was
president, for the erection of a building on the
land In question according to the plans and
specifications prepared by the plaintiff An¬
drews and approved by the defendant. This
contract provided that the building should be
completely finished and ready for occupancy on
or before July 1, 1907, and the contract price
was   about   $378,000.

The work of constructing the building was
then begun and it proceeded slowly, with the
plaintiff  Taylor   personally   In   charge.     July   1,

1907,   was a reasonable time limit to allow for
the erection of the building, but it was still un¬
finished in February, 1908. The plaintiffs had
in the meantime made the monthly payments,
which then amounted to the sum sued for. $32,-
788. The last payment was made on Febru¬
ary   17.

At about that time the plaintiff Taylor, In a
conversation with the defendant, spoke of the
backward condition of the work on the building
and of the interference by the defendant with
the subcontractors, and said that unless the
quibbling stopped and the job got under way
he and Andrews wanted their money back and
would   rescind  the   contract.





—The consolidation of the Bureau ot Water
Supply, under one head Instead of under six
Independent heads, as formerly, resulted in a
yearly reduction In salaries of over $:!00,000,
and in the elimination of proposed works which
would have cost the city about $1,800,000. The
substitution of other work effected an annual
economy In operating and maintenance charges
of $200,000.





uu^aiiniumnllnTlinilliir,





—Home mortgages are among the soundest in¬
vestments. Usually the home owner will not let
go until he Is torn loose by adverse circum¬
stances of the severest kind and when the
other fellow walks the floor—you don't have
to.—R.  E.  Board  of  Brokers'  Bulletin.





AUCTION  SALES OF WEEK.

Except where otherwise stated, the proper¬
ties olfered were in foreclosure. Adjourn¬
ments of legal sales to next week are noted
imder Advertised Legal Sales,

• Indicates that the property described was
bid in for the plaintiff's account.





Manhattan and Bronx.

The following is the complete list
of property sold, withdrawn or ad¬
journed during the week ending May
9, 1913, at the New Tork Real Estate
Salesroom, 14 and 16 Vesey st, and the
Bronx Salesroom, 320S-10 3 av.

JOSEPH  P.   DAT.

■Broome st, 375, ss, 50.8 w   Mott, 25.4
XllS.3x25.4x116.5,    6-sty    bk    tnt    &    strs;

voluntary;   bid   In   at   $45,000.                  -------

■Catharine   rst,   swc   Madison,   70x64.7,   3-

sty  bk  church;  voluntary;  bid   in  at  $59,-

000.                                                                        -------