Jasper County Democrat, Volume 19, Number 82, Rensselaer, Jasper County, 10 January 1917 — ED DEALS IN HIGH FINANCE [ARTICLE]

ED DEALS IN HIGH FINANCE

Ed Oliver and F. E.' Reiser of Chicago were in Rensselaer on business Saturday. Mt. Reiser is Inspector for the Greenbauni bank of Chicago, which recently sued Mr. Oliver and wife for the performance of an alleged verbal contract to describe certain lands in Jasper county which had been pledged in a trust deed to plaintiff bank for a $50,000 loan. We understand Oliver and the bank havd now reached an agreement whereby they loan him $125,000 on his lands in the Gifford district, taking a - first mortgage as security ’and all other mortgages, debts and accounts of Oliver are to be taken up and paid off from the additional $7.5,000 loaned him. It was to inspect, this land that Mr. Reiser was here Saturday. ,