Rensselaer Semi-Weekly Republican, Volume 36, Number 91, Rensselaer, Jasper County, 8 July 1904 — Bowen’s Claim Against McCoys. [ARTICLE]

Bowen’s Claim Against McCoys.

Delphi Citixen Some little excitement was created here late Friday afternoon of last week by the filing of injunctionpapers against A. T. Bowen to prevent him from farther effort to col* leot his claim against the MoOoys of the defunct.bank at Rensselaer. Mr. Bowen has olaime against the MoGoys and Wm. A. Rinehart amounting, principal and interest to $16,000. These are secured by a second mortgage on 1,700 aores of land in Jasper oounty, by a first mortgage on 27 aores of land on whioh the town of MoCoysbnrg is looated and by a second mortgage on the farm of 3,000 acres in Missouri owned by W. A. Rinehart. The Missouri farm is located similar and in many respects resembles Deer Creek prairie west of this oity. It ia rich bottom land, snrronnded on three sides by the Clariton river and on the other side by the hills. There is a railroad running through it and a station on the farm, Mr Bowen returned from a visit to the farm Wednesday and while there made thorough inquiry ag totitle, valne, etc. The lowest estimated valne is from |3O to SSO per aore. At the lowest valuation the farm is worth $90,000- There is a mortgage of $50,000 on it ahead of the Bowen mortgage of $16,000. 1 Mr, Bowen feels rearonably seonre; although it may be necessary to payv the first mortgage on the 1,700 aore - farm in Jasper oonnty or the first mortgage on the Missouri farm,