Jasper County Democrat, Volume 14, Number 60, Rensselaer, Jasper County, 1 November 1911 — Appraise Right-of-Way at $840. [ARTICLE]

Appraise Right-of-Way at $840.

The appraisers appointed by Judge Hanley to value the land asked for by the Purtelle railroad mad.e their appraisement and reported to the county clerk Monday, fixing the value at SB4O. The appraisers were Delos Thompson and J. J. Hunt of Rensselaer and T. F. Maloney of Kankakee tp. The land taken —or asked for, rather, for no one believes it will ever be paid for by Purtelle —is about six acres, and the value fixed upon it by the appraisers is $l4O per acre. The general opinion was that the appraisers would fix the value at about S2OO per acre, but Purtelle can demonstrate the financial ability of his company as well at this figure as at any greater one, and it is now up to him to come forward with the mazuma.