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186 The Real Estate Recorix March 4,1882 The news from Leadville is hopeful. It is said the Iron Silver has struck ore below the lime stone, which is a very important fact if true Mr. William M. Leut is under the impression that the formation at Leadville may be like a coal formation, that is, one strata containing a layer of silver carbonates, then lime or stone over another silver vein and so on. So far there has been no thorough exploration of the LeadA'ille properties. The news from Big Pittsburg con¬ tinues good. There is a promise of a big deal in Miner Boy. Of the 500,000 shares, 3.s0,000 are held by one firm. It is said to be a good mine, which only recjuires working to develop into a fine property. FORGING REAL ESTATE TITLES. The attempt to sell the property of Mr. Otto Ernst, of South Amboy, by means of forged deeds, is a matter of great interest to real estati dealers. Nineteeu years ago this property wat purchased for $1,000 a lot. There are eight lott in all, situated on the south side of Eighty-third street, between Ninth and Tenth avenues. Aftei paying assessments, taxes and incerest, Mr. Ernsi estimates that the property has cost him about $40,000. Some time since certain persons came to Mr. Francis M. Jencks, a lawyer, and offered to sell him this property for $27,( 00 cash. Thev said it was worth very much more, but that they were in pressing need for money. Mr. Jenck.t agreed to purchafe, and he found the deeds to al) appearance quite regular. There had been a mortgage against the property, but a forged satisfaction piece had been filed against it. It seems that in this case the name of Mr. Ernst had been forged at least twice, and a woman appeared before the notary representing his wife. It was this false personation which saved Mr. Jencks' money, for Mr. Ernst has been a widower for ten years, and a Mr. Steinway, who knew about the property, notified Mr. Jencks that there was no Mrs. Ernst. It is an open question whether a number of such frauds have not already been committed under our land laws. It seems the filing of deeds aud satisfaction pieces of mortgages at the Register's office is no guar¬ antee to a purchaser. Would such a case be possible under the New Zealand land laws ? Attention is called to the partition of the Rhinelander estate which appears in the convey¬ ances in to-day's issue of The Real Estate Record. It is divided into twenty-four equal parts, of which one of the heirs gets four parts, and another two parts, so that it is really divided among twenty different persons. The property is mostly located in the Eighties and Nineties east of Lexington avenue: there is also consider¬ able property on Greenwich, West, Washington, Barclay and Allen streets and Park Place. HOUSES COIIPLETED AND READY FOR SALE. On ihe south side of Seventy-ninth street, 100 feet east of Park avenue, Mr. George J. Hamilton has just completed four four-story brown stone residences, 19x55, with extensions 16x12, that cannot fail to com mend themselves to those in search of a beautiful home on a Boulevard street and near the main en¬ trance to Central Park. The cellars are light, the vralls being plastered with Portland cement in imita¬ tion of s^cne work. In the basement is the breakfast room, large well furnished kitchen and laundry. The first floor contains the parlor, dining-room and but¬ ler's pantry, with extensive closets and drawers til trimmed with ash, root ash and mahogany. On the second floor will be found two extra large chambers in the saloon style, the bath-room and separate water close% which is ventilated from above the roof. The third and fourth floors contain each three chambers, with ample closet and storage room. The two lower floors are trimmed with well selected hardwoods, the front parlor and hall in black walnut, with French walnut veneers, and the back parlor in ash, root ash and mahogany mouluings of the latest styles. These floors are also furnished with numerous mirrors. The plumbing work is first-class in all particulars, and they have elegantly carved portico fronts, Mr Hamilton has brought his many years' experience into play in making these houses equal if not superior to any yet erected in this splendid locality. NEW TORK REALTY AT ALBAIfT. [From our own Correspondent.] Albany, March 2.—The plans of those seeking legis¬ lation in reference to improvements and realty in New York develop slowly. Those in and around the Legislature are too much interested in political trad¬ ing and deals to give much attention to such substan¬ tial matters as real estate. None of the bills hereto¬ fore introduced for a new avenue on the bulkhead on the East Side of the city, the improvement of Twelfth avenue, or the layiug out of the Jumel property have been acted upon by the committees lo which they were referred. Nor have the politicians decided in what form they will pass the bill for an additional supply of water that is held to wait their decision. Of course such a bonanza as that has to be fixed so that some clique can have a finger in the expenditure of the money before the Legislature will be permitted to act upon it. It is waiting. Th? truth is, the Legis¬ lature is not fully organized. The Assembly has not o-hosen all its officers yet, the trades not having been all concluded on those positions. The promoters of the project for organizing a com¬ pany to take water from Lake George and convey it by aqueduct to New York City are again moving. The detailed report of the surveys and plans of the project is now in the hands of the printer, and it is expect«rd that it will be ready for distribution among the members of the Legislature next week. The bill incorporating the co.-npany and giving it the authority CO take the water and construct its aqueduct is ready for introduction, and is liable to make its appearance any day. The residents around Lake George and those who own summer hotels there will strenuously oppose this project, and its passage this session is im¬ probable. The attention of property-holders to the bill amend¬ ing the code of civil procedure is not given to the extent that it should be. The feeling that the code only interests lawyers is a mistake, and the fact that they are allowed their own way in all bills of that character enables them to manipulate them to their own advantage. Among the numerous code amend¬ ments already presented are several which effect the title of property in division of estates and the pro¬ ceedings in reference to titles in Surrogates' courts. Fortunately, the Judiciary Committees of the two Houses, to which these bills are referred, are conser¬ vative men and oppose innovations. "While the bills presented are numerous, they have not as yet gone any farther than the files iu the committee rooms. A bill was introduced in the Assembly to day, to establish a public park at the foot of East Sixteenth street. New York. It appears that the city owns a block of ground on which the small pox hospital is situated, and Mr. Murphy's bill proposes to convert that block into a public park, which will remove that hospital. The removal of the latter appears to be the object and purpose of the bill more than the creation of a park. The property holders ia the two wards north of the Harlem River have nearly matured their plans for public parks in that section. There appears to be a conflict of interests in regard to location, and they have decided to push for two parks. One of e they propose to locate on the old Broadway road and Mt. Vernon avenue, extending from what is known as theStevensan avenue to the northerly line of the city. This is to take in about 1,300 acres, and to accommodate the western portion of the new wards. The locatipn and boundaries of this park is fixed in this bill, they propose another park on the east side, with a water front on Long Island Sound, and for that they have sent a bill here creating a commission to locate it. Accompanying these bills, which have been introduced this week, is a report of the Property- holders Association, that is moving in the matter, in which they say : The association have unanimously concluded that m view of the more entensive park area of other large cities and of the prospective growth of New York at least four thousand acres more of park lands should be acquired. And inasmuch as they believe that no such favorable opportunity to purchase real estate in the annexed district and its Immediate vicinity than that now afforded will ever be presented, the associa¬ tion urge you to enable the city to take advanta"e of the market and secure at once the required territorv on reasonable terms. VVithin the limits of New York there is no large tract of land suitable for a park which can be bought at low rates except the one designated in the first bill he>-e- with submitted. It is a tract of land of about one thousand two hundred acres, a part of which the De¬ partment of Public Parks mapped out for park pur¬ poses a few years ago. Since this is the only large piece of land within the city limits available tor the purposes of a park the association urge your honorable bodies to enact the bill n^aking it such this session. A delay of a year or so would undoubtedly aid largely to the cost of the land. The bill alluded to in the above statement was in¬ troduced hy Mr. Roosevelt, and provides for laying out a public park in the Twenty-f ourth Ward and the taking of lands for the same. The first section locates and defines the boundaries of the proposed park as follows: All that piece or parcel of land situate or lying and being in the Twenty-fourth Ward of the City of New York, beginning at the inter.section of the easterly- line of ISrnadway with the northerly line of the Citv of New York; running thence e.HSterly alon.fi: the north¬ erly line, or boundary of the city to the intersection of said hne with the westerly line of Mt. Vernon ave¬ nue; thence southerly along the westerly line of Mt. Vernon avenue to the point of ntprsection of said line ■with the northerly line of Gun Hill road; thence west¬ erly along said northerly line of Gun Hill road to the westerly line of the land nertaining to the Croton Aqueduct; thence southwesterly by a straight line to the point of intersection of the southwesterly line of Van Cortlandt avenue with the northerly lineof Stev¬ enson avenue; thence westerlv on a line parallel to the said northerly line of said city, to the easterly line oftBroadway; thence northerly along said easterly line of Broadway to the northerly line of the city, at the point or place of beginning, is hereby declared to be a public place or public park, for public use and public purposes. The second section provides for the institution of proceedings in the name of the Mayor, Aldermen and Commonalty of the city, through the Supreme Court, for the appointment of Commissioners, to ac¬ quire title of the property within that limit, aud em¬ braces the usual process and form of proceedings in such cases. Section 3 provides for the usual mode of review of the reports and awards of the Commissioners before the courts. flection 4 provides for the payment of the amounts awarded to the several owners of property taken within four months from the time of the confirmation of the awards by the court. Section 5 provides for the disposition of the awards to holders of property who are under age and those absent or non-residents. Section 6 requires that the local authorities shall, within three months after the title passes into the city, lay out a military parade and camp ground ou said grounds, of such dimensions as may be neces sary for sucli purposes, to be used by the First Divi¬ sion of the National Guard. The bill provides for the appointment of five Com¬ missioners to estimate the amount to be paid to prop¬ erty-holders for land taken, each Commissioner to receive $10 per day for the time actually spent; their aggregate pay not to exceed $-3,500. And also allowed the necessary expenses for clerk hire, survey maps, and other necessary expenses to be determined by the General Term of the Supreme Court. Section 10 provides that for the payment of the damages awarded by the Commissioners of Estimate and Assessment, and the expenses, disbursements, and charges in the premises, it shall be lawful for the said Mayor, Aldermen, and Commonalty to raise the amount by loan, by the creation of a public fund or stock, to be called the Rural Park Fund, which shall bear interest not exceeding five (5) per centum per annum, and shall be represented by bonds redeemable within a period of time not exceeding thirty years after the passage of this act. The interest on the bonds to be paid by taxation in the usual way. The Property - holders Association, in the report explaining their plans, state that the one thousand two hundred acres of park provided for in this bill are not, in the judgment of this association, sufficient to answer the purposes and meet the wants of New York ten years hence, or even to-day. -With this additional land the metropolis would have about the same park acreage as St. Louis and Chicago. Be¬ sides this, the association believes that, in addition to such breathing places as Central Park and the park mapped out in the bill referred to. New York wants, and should have immediately, a grand park with a water front on Long Island Sound, one which should be the people's own, a resort for picnics and excur¬ sions, a place where they could enjoy the pleasures of boating, bathing, fishing, riding, etc. As no such territory is now included within the boundaries of the city, the question of securing a suitable site for such a park is not so simple and easily resolvable as that already considered, hence the association recommend the adoption of the second bill, in order that a commission may more fully and authoritatively inquire into the matter and report to your honorable bodies what steps should be taken to secure this desideratum. The other bill was introduced by Mr. Breen, who represents those wards, and names a commission to locate a park on the Long Island side. It constitutes the f Uowing parsons as that commission : Section 1. Waldo Hutchins, Luther R. Marsh. Wil¬ liam W. Niles, Charles L. Tiffany, John E. Develin, Alexander Shaler, Washington E, Connor, Horace B, Claflin, Henry L, Hoguet. David Dows, Samuel R, Filley. Williani CauldweL Charles Crary, Gustav Schwab, Lewis G Monis. Franklin Edson. John Mullaly, George W. McLean. Isaac Bell, Leonard W. Jerome. Augustus Schell, Jordan L. Mott. William H. Appleton. Joseph S. Wood, Egbert L. Viele, Hugh N. Camp, John M. Carnochan, John Fitch, Henry P. De