Wardenclyffe Sale

Large Tract of Sound Property Disposed of Under Foreclosure. (Special to the Brooklyn Times.) RIVERHEAD, Feb. 15. — The tract of about 1.100 acres owned by the corporation known as Wardenclyffe on the Sound, was sold at auction yesterday afternoon by Judge Jaycox as referee. The sale was in foreclosure of a second mortgage for $53,000 held by Howard Marshall, of New York. The property was sold subject to a first mortgage of $26,000 and was purchased by Richard D. Upham, of New York, for $35,000, making the price really $61,000. The executors of the estate of Charles "R. Flint, of Boston, who holds a large amount of stock in the corporation, were represented at the sale by their attorneys and by James T. Walsh, of this village, of counsel, and they threaten to bring an action to have the sale set aside. Wardenclyffe is best known as the scene of Nikola Tesla's activities in electrical experiment, and the location of his great tower.