Evening Republican, Volume 16, Number 229, Rensselaer, Jasper County, 24 September 1912 — ADAMS FARM BRINGS $109.50 AT AUCTION [ARTICLE]

ADAMS FARM BRINGS $109.50 AT AUCTION

Farm Starts at S9O Per Acre and by Blow Stages Beaches 9109.50—J0hn H. Newman, of Illinois, Gets It. The Marion I. Adams farm of 160 acres lying about three miles south of Rensselaer, was sold at public auction this afternoon by Fred Phillips. The farm was sold to John H. Newman, of Iroquois county. 111. He only made two bids, raising Sol Guth, of Washington, 111., whose last bid was $lO9. The farm started at S9O per acre and by slow stages the bidding reached $lO4. At this point it was about to be sold, when Mr. Adams, who had the right to one bid, asked for a few minutes delay. In the meantime some new bidders arrived on the ground and when the auctioneer again opened the sale, Sol Guth bid $104.60. He was raised by a local bidder by 50 cent stages to $107.50, and when Guth bid SIOB, the local bidder dropped out. Here Newman stepped in and when his bid reached $109.50, Guth stepped out and Newman got the farm. The farm is well improved, well located, good soil and is well worth the price paid. The purchaser should have no trouble In selling at a substantial advance over the price paid.