Evening Republican, Volume 14, Number 91, Rensselaer, Jasper County, 16 April 1910 — “LITTLE TIM” DIED POOR. [ARTICLE]
“LITTLE TIM” DIED POOR.
Wealth Poured In Upon Him, But Wall Street Took It All. Great surprise will be felt by the friends of "Little Tim” Sullivan to learn that, instead of dying a millionaire, as was thought, he left practically nothing, the New York World says. All that his widow and son will receive is $2,000 that is in a bank. There is not another cent available. His widow, however, owns the house in -which she lives at 222 East 12th street. It is valued at SIB,OOO, but is mortgaged. Mrs. Hyde, his sister, owns two pieces of property on 2d avenue, a gift from ‘Little Tim.” These also are .mortgaged. The property was given to Mrs. Hyde when “Little Tim” was on the road to fortune. Much sympathy was expressed sfor the widow when the facts became known. His friends had been hoping that stocks and bonds or deeds for large parcels of real estate would be found in some safe deposit vault, but it is now known positively that the $2,000 in bank is the total of “Little Tim’s” estate. “But what did he do with his money?” everybody will ask. For ten years Sullivan had made money .swiftly and in great amounts, and he had piled up almost a million dollars. He had keen business instinct and was connected with many enterprises which poured efish steadily into his pockets. When, soup-years ago, a SSO---plate banquet was given him, "Little Tim’ was at the zenith of power and wealth. -- ——— But the last two years brought nothing but reverses. He had caught the Wall street fever and he went heavily into stock speculating. He was in the city hall one day eight months ago when a messenger handed a letter from his brokers which informed him that he had lost $240,000. More losses followed quickly and he was unable to strike the winning side again.
