OBJECT:
MATRIMONY
By MONTAGUE GLASS
GARDEN CITY NEW YORK
DOUBLEDAY, PAGE & COMPANY
1912
Copyright, 1909, by
The Curtis Publishing Company
Copyright, 1912, by
Doubleday, Page & Company
All rights reserved including
that of translation
into foreign languages,
including the
Scandinavian
"Why don't you do this?" Mr.Feldman suggested. "Why don'tyou go to the second mortgagee andtell him you'll convey the houses tohim in satisfaction of the mortgage?Those houses will never bring eventhe amount of the first mortgagein these times, and surely he wouldrather have the houses than a deficiencyjudgment against you."
"That's what I told him a hundredtimes. Believe me, Mr.Feldman, I used hours and hoursof the best salesmanship on thatfeller," Margolius answered, "andall he says is that he wouldn't haveto pay no interest, insurance andtaxes on a deficiency judgment,[5]while a house what stands vacantyou got to all the time be payingout money."
"But as soon as they put thesubway through," Mr. Feldmancontinued, "that property aroundTwo Hundred and Sixty-fourthStreet and Heidenfeld Avenue willgo up tremendously."
"Sure I know," Margoliusagreed; "but when a feller's gotfour double flat-houses and everyflat yet vacant, futures don't cutno ice. Them tenants couldn'tride on futures, Mr. Feldman; andso, with the nearest trolley car tenblocks away, I am up against a deadproposition."
"Wouldn't he give you a year'sextension?" Mr. Feldman asked.
"He wouldn't give me positively...