Rensselaer Journal, Volume 12, Number 16, Rensselaer, Jasper County, 25 September 1902 — NOT ANXIOUS TO SELL. [ARTICLE]

NOT ANXIOUS TO SELL.

State 1/VIII Hold Kankakee Lands for a Rise Over Present Prices. One of these years Indiana will offer for sale at public auction in forty acre tracts several thousand acres of “meandered” lands along the Kankakee river. The waters have receded and left in the dry section after section. Just how many acres the state owns is not yet known. A special survey was provided for by the last legislature and a plat is being made. Recently the state auditor has received many offers for the state lands. The last was an offer of $lB an acre. Auditor Hart believes the land will net the state $200,000 or $300,000. The attorney general has advised that the lands be not sold under the present law, and there will probably be new legislation on the subject next winter which will enable the state to get a higher price.