Jasper County Democrat, Volume 15, Number 51, Rensselaer, Jasper County, 28 September 1912 — M. I. Adams’ Farm Sells to Illinois Man at $109.50 Per Acre. [ARTICLE]
M. I. Adams’ Farm Sells to Illinois Man at $109.50 Per Acre.
The public sale of the Marion I. Adams farm southeast o's town Tuesday afternoon brought out a large crowd and there was several bidders for the land, it being finally knocked off to John H. Newman of Cisna Park, 111., at $109.50 per acre, or a total of $17,590.00 for the 160 acres. Mr. Newman is undecided at this writing whether he will move here and occupy the farm himself or lease the place. He has a fine new automobile and was very favorably impressed with our roads, and he thought he would like to live here and get some of the benefit of them. Mr. Adams is well satisfied with the sale, and while some people had thought it would go at a higher figure, he had not placed as high an estimate as they.
The selling of farms at public auction, while quite general in many localities, is something practically new in Jasper county, the first such sale having been made only about a year ago. All the sales have been very satisfactory to the owners and this method olf disposing of farm lands is sure to become more popular here in the future.
