Lot Essay
THE TWIN-SCREW STEEL SCHOONER MOTOR YACHT ALDER WAS BUILT FOR THE IMMENSELY WEALTHY MRS. EMILY R. CADWALADER OF PHILADELPHIA AND ORIGINALLY NAMED SAVARONA. DESIGNED BY HENRY J. GIELOW INC. OF NEW YORK CITY, SHE WAS BUILT BY THE PUSEY & JONES CORPORATION AT WILMINGTON, DELAWARE, IN 1928. A VERY LARGE YACHT, SHE WAS REGISTERED AT 2,076 TONS GROSS (1,140 NET) AND MEASURED 294 FEET IN LENGTH WITH A 38 FOOT BEAM. POWERED BY A PAIR OF 506NHP. 8-CYLINDER OIL-FIRED ENGINES BY BESSEMER OF GROVE CITY, SHE WAS BOTH FAST AND HANDSOME YET HER OWNER KEPT HER FOR ONLY THREE YEARS BEFORE SELLING HER TO MRS. W.B. THOMPSON OF NEW YORK WHO KEPT HER AT LEAST UNTIL 1939. IT IS INTERESTING TO NOTE THAT WHEN MRS. CADWALADER SOLD SAVARONA IN 1930, SHE REPLACED HER WITH ANOTHER YACHT OF THE SAME NAME WHICH BECAME FAMOUS AS THE MOST EXPENSIVE, MOST LUXURIOUS AND LARGEST NON-ROYAL YACHT EVER BUILT.