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Real estate record and builders' guide: v. 15, no. 370: April 17, 1875

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EAL Estate Record AND BUILDERS' GUIDE. Vol. XV. NEW YORK, SATURDAY, APRIL 17, 1875. No. 370 Published Weekly by THE REAL mm) record ASSOCIATiON. C. W. SWKET............PuiisiDE.vr and Treasuher PRESTON I. SWKET........Skcretauy. L. ISll.'i.ELS......................Business ?rI.\N'AGER TERMS. One year, in advance...........SIO 00 Communications shonld be addre.«sed to Noa. 345 and 347 B ioadway PROPERTY OAVNERS ANT) TUE INSURANCE COMP.VNIES. OI'I'O.-ITION to senate BILL NO. !)S—REMOK?TUAKCE RE.U) liEFOKU THE .rUDICIARY COMMITTEE. ■ The following- remonstrance, wliich was reail before the Judiciary Conimiltee of Ihe State Senate, expresse.s tlie views entertained by New York ta.\-payer.s and pi'opei'ty owner.s iu regard to the bill nnthoiizing insurance companies to loan tlieir surplus fund outside of the State : To the Honorable Leqislaliire of (he F-infe t)f ynp York: YVe, tlie undersigned, on belialf of the lol¬ lowing associations of real estate holders in the City of Kew York, viz.: The East Side Association, The Norlh Side Association, The AYcst Side A.ssociation, and The Wa.sh ington Heights Association, Do respeclfidiy remonstrate against tiie pas¬ sage of tlie act now pending and known as " Senate bill No. })8,'' and which is intended to .grant additional ))owers to the corporations therein named, for tliefollowing reasons, that is lo .say— First—The corporations mentioned in that act iiave special privileges confened upon them by the laws of this Stale, and particularly the life insnrance companies, whicli are ex¬ empt from taxation on tlieir personal in'ojierty (excepting only §100,000), in reluni for whicli the people of the State are justly entitled lo receive Aviiatever advantages can be derived from the judicious and safe investment of their funds within this State, and particnlarly in the great beuetits arising irom loans upou bonds aud mortgages. Second—It is believed that if this bill should be passed it will result in the diversion ol large anu)unts of capital trom this Stale which ought, of right, to be invested within its bor¬ ders. Third—That so wide a latitude of invest¬ ments is allowed, namely, the city, village, count}', or towii bonds of the States mention¬ ed ill the act, and the rale of interest promised for such investments is so high that the in¬ ducements thus ollered will result in the diver¬ sion of capital from this Slate, and Avill en¬ courage the corporations mentioned iu tlie act to make investments of donbtfnl security and propi'iety. Fourth—That before the recent panic the demand for loans upon bond aud inoi'tgage was far in excess of the suppl}', which was owing to the high rate of taxation, by reason of which capitalists are deterred from making sucli loans. Tliatwdien business again revives there will be need for all the surplus capital that may be available for loans upon mortgages or for the development of the va- j I'ions iiKlusti'ies of the State. i Fifth-—Tliat owing to the injurious system i of taxation within tliis State, aud the usury | laws, very large amounts of capital have been j sent beyond its borders to invest in the West- j ein and Northwestern States, where the rates ! of interest are higher than in this State, by means of Avhich s^id capitalists escape ta.xa¬ tion ; and il is feared that if this bill be passed it will open the way for further depletions of cajilfal in tlie snme directions; that even if the bill as now drawn is uot broad enough to accomplish this result, it is apprehended that it will be altered so as to remove any restric¬ tions in the way of such investments. Re- sp(!Ctfully submitted. Dated"New York, ^Nfarch 13,1875. EnW.VKD IiOUERTS, President East Side Association. •Toirx W. PrRssox, President West Side Association, Pro tern. B. W. A-'an YooKHis, President AVashington lieiglits Improvement Association. CONYEYANCES. NE"W YORK. Aprd7, S, 0, 10, 12, 13. Bank st., u. w. cor. Greenwieli av., tlieuce^ nortli along Greenwich av. l.oG.S to l:^tli st., X west along I'Jth st. DG.lOx south lUl to | Bank st., x east IIH.G to beginning......... i^ Bedford st., s. \v. eor. Commeree st., thence ( west IT-T alony; GiHiiuunoe St., x south 7S.2 I X east \06:.\ tu Bedford St., x north 75.4___| Mott st., w. s., ;250 u. Hester st., ;3.5xlOO......J Louis G. Jlart to Horatio Gomez. (T-oU part.) Api'il2.................................S,5U0 Bowerv, e. s., l.")0.l u. Rivington st., ;i4.1lxl.NG to alley. Catharine E. wife of Enoch Dick, White Plains, to Jonas Stolts. April :5.. .50,000 CnRisTOPUEii St., n. s., 10(> e. Factory St., "Ox 00. Uobcrt ?il. Grant to Clara G. Grant. {)i part.) April ti............................:J,4r)0 CiiKRKY' St., n. e. eor. Dover st., 49xyS..5xo5x 10.").:-). Kiichel Collins, Laurenoeville, N. J., to the New York Bridge Co. April 5 ....2.=),000 CouitTLANDT st. (No. 10;, "25.1x120.9. Dauiel C. Taylor, Mary A. Kintzing, and George C, Frank D., Na.^ah, Sarah L., and Arabella S. Taylor to Susan S. Avery, Isabella L. Fello'^vs, Isabella T. Hallet, and Julia S. Sherman. (Q. C.) Juue 1, 1S72................uom. Delatscey St., u. s., .50 e. Pitt st., 2.5x7-3. Thos. Phelau and Patrick liafCertv to Isidor Falk. A pril 1.....................'.............10,000 Duane st., u. s., lOOje. Broadway, 10.Sx.50xU".(J x.50, h. & 1. John C. Halllgan io Ebenezer 11. Batch. March 20 .......................70,000 Duane st., u. s., 119.8e. Broadway, 20.2x75x20 fi x75, h. &■ 1. John C. Halligan to Ebenezer H. Balch. Mareh 20.........'............80,000 Delancey st., s. s., 75 e. Orchard st., 25x87.0. Charles A. Ullrich to Anua wife of Simon J. Ullrich. (Kpart.) Dee. 11, 1874.........8,000 East Broadway, s. s., 117.8 e. Clinton st., 23.7 xS7.(), h. ^"0 I. Agnes Quiulan to the Sisters Charity Vincent de Paul. April 8........10,000 East Broadway, s. s., 821 e. Catharine st., 2.5x 7.5. James F. Cou Way, Far Rockaway, L. I., to Williani A. Conway. April 7..........20,000 Elizabeth st., w. s. (IS'o. 2i7), bet. Prince and Houston sts., 23.^x^0.6. Henrietta Stutzman, wife of George P., to JuHa Berck, Chicago, 111. Murch 15...........................14,000 Eldridge st. (No. 71), w. s., 175 s. Grand st., 25x100. Cathariue A. Cressy, Margaret Wat¬ son, Mary Eliz. Ewen, and Philip K. Ewen to Eliza Ewen. May 4, 1874................nom. Same property. Cathariue A. Bumstead, Mary A. Vandewater, and Margaret K. wife of Charles Gamble to Mary Ann Vandewater. Mav 4, 1S74..............................noin. Fi.ETciiEu St. (No. 9), 19.0x27.0 Bernard Duf¬ fy to Bernard C. Duffy. April 0...........gift. Greenwich st. (No. 209), -22.1x75.4x20.7x0^. George Harrison to Samuel M. Lederer. April 1___.'...........................25,000 Henry st., n. s., 80.11 w. Jefferson St., 21.8x7.5. ^loriiau Jones to Marv wife of Patrick II. Keeuan. Jan. 23......"..................9,000 Hudson St., s. w. cor. Jane st., lS)x.55. William G. Annan to Margaret Baker, William C. Le¬ mon, aud Williani G. Annan (Trustees). (C. a.G.) (.Morts. S7,000.) Aprils..........nom. Mott st. (No. 234), e. s., 120.1 s. Prince st., 25 x92.5x24.9x92.2, h. & 1. Thomas Keenan and Patrick F. Hegg (Exrs. of Thomas McCabe) to Janies She.a. Marcli 31................8,800 Mulberry st., w. s., 05.9 s. Houston st., 25.2x 125x'24xl23. Joseph M. Leon (Exr. of Esther Leon) to the Institution of Mercv, New York. Jan. 15........................1....... 12,000 Same properly. Joseijh M. Leon aud Caroline Nones (widow) to same parties. Jan. 15.12,000 Muluerry St., w. s., 0.5.9 s. Houston st., 25.2x 125x24xl'23. Josej^h M. Leon et al. (children of Eveline J. Leon, dec'd) to the Institution of Mercy, New York. Jau. 15...........12,000 Norfolk st. (No. 87), w. s., 51.8 n. Delancey St., 19x20.(i. Heni'ietta -wife of Louis Silber¬ stein to Heury Steinert. (Course left out.) April 0................................It5,000 Orchard st. (No. 29), w. s., 1.54.2 s. Hester st., 24.3x100x24.1x100, li. A 1. Johu Gross to Con¬ rad Sehniidt. April 10..................29,700 Same jiroperty. Conrad Schmidt to Anna wife of John Gross. April 12................29,700 P.ARic row, s. s., 05.9 e. Ann st., ruus east 20.3 x south S3.0 X east 4.(5 x south 23.11 x south¬ west 17.3 to Ann st., x west 05.0 x easterly 24.0 X north 02.4 to beginning (being No. 11 Park row and Nos.-5, 7, 9, and 11 Aim st.). Kebccea P. Douglas to Joseijli W. Douglas. (1-11 part.) Api'il 12.....................0,,500 Si'RiNG St. (No. 190), s. s., bet. Sullivan and) Tlioiupsou sts., 25x75....................j Sullivan st., u. w. s., 50.3 n. e. Spring st., f 44.5xl00xl5x 104.3.........................I Joseph K. Butler to Maria Anne wife of Janies Winterbottom. (C. a. G.) April lo.nom. Same property. James Winterbottom to Joseph K.Butler. April 13....................nom. St.anton St., s. s., 80 e. Norfolk st., 20x.50. Au¬ gust Hartwig to Julia wife of Isaac Elsbach. March 29.................................8,000 Sullivan st. (No. 100), w. w. s., 100.8 u. e. 1 I Spring St., 25x100....................... 1 Interior lot (probably ad.j. above) on centre | line het. Macdougal and Sullivan sts., on \ division line bet. N. Bayard farm and Trin¬ ity Church farm, runs uorth 20.b x west 24 | X souih 13.8 X east 2.5.4.................... i Joseph K. Butler to Maria Anne wife of James Winterbottom. (G. a. G.) April lo.nom. Sullivan st., s. e. s., 243.0 u. e. Prince st., 24.8 xlOO. Daniel J. Marshall, PLaintield, N. J., to John Rabenstein and George B. Christmann. April 12..................'..............12,400 4tii St., s. s., 100.10 w. Lewis St., I5x95.9.vi7.3x 95. Adam Ellwein to Frederica Bachman. (All title.) (Q.C.) April 9...............4,125 9tii St., n. s., abt. 200 w. od av., 23.4x.S7.6 (in¬ cluding,);^ Lafayette Court). Eliza A. D. wife of William M. Tweed, Jr., to Ebeuezer H. Balch. Apriie ......................18,000 13th St., s. s., 24.5.0 w. Av. A, 24.3x103.3. Fred¬ erick Stall to Barbara wife of Charles Sander, Waterbury, Conn. March 18.............nom. ISth st., s. s., 150 w. oth av., 25x103.3. Louisa Dwinelle to William H. Dwiuelle. June 7, 1872.....................................gift. 11th St., s. s., 214 w. 1st av., 2-3x92. William L. Boyd and Israel Corse (Exrs. George I. Couuele) to Marie wife of Julius Leopold. ; March 33.................................nom.