Jasper County Democrat, Volume 7, Number 51, Rensselaer, Jasper County, 25 March 1905 — ESSON GETS LAND. [ARTICLE]

ESSON GETS LAND.

Bid of the Hills on McCoy Land Raised by John Esson of Brook. At the meeting of McCoy bank creditors held here last Saturday, which was attended by Referee Bowers of Hammond, the bid of “Jack” Esson of Brook for 1,878 acres of the Jordan tp , land at $62 per acre and 120 acres at S3O per acre, was accepted and Esson will get the land. This aggregates $126,280, and is $13,480 over the first bid of the Hills of Madison, Ind., mention of which was made some time ago, which was rejected by the referee. One of the principal objects of this meeting was to examine the McCoys regarding the notes given to Lafayette, Mulberry and Delphi bankers, et al, aggregating some $50,000 to $60,000, and which were signed by A. McCoy & Co., and also by A. McCoy and T. J. McCoy personally, as surety thereon, but sufficient notice had not been given Tom, and although he came down Friday evening from Chicago, when he founed that that the notice given him was not legal he left town again. An adjourned meeting will be held here Monday, April 3, at which time the examination will be held, another notice haviqg been served on him. As we understand the matter, if these notes are held to be individual debts of theMcCoyß, it means that the holders will be paid in full. It is generally thought that the referee will hold the contention of these creditors good at the meeting to be held here April 3. The matter will then, no doubt, be appealed to Judge Anderson for a decision. There are still 235 acres of the Jordan tp., land remaining unsold, and for this Carr Bros, have bid $35 per aore, and it is likely that their bid will be accepted.