Rensselaer Semi-Weekly Republican, Volume 39, Number 92, Rensselaer, Jasper County, 23 July 1907 — A MONSTER SHERIFF SALE [ARTICLE]

A MONSTER SHERIFF SALE

What was, no doubt, the largest sheriff sale in the history of Jasper county, in the amount of money required, took place here last Friday, forenoon, beginning at ten o’clock. The sale was a direct result of the McCoy failure, that fruitful and almost endlesss source of litigation. The land sold consisted of about 1,600 acres in Hanging Grove township, and was a part of the former McCoy lands in that township, and more recently known as the Rinehart land. The Connecticut Mutual Lite Insurance Company was the principal Jplaintiff and their judgment, with costs amounted to about $51,000. There were various other claims against the land, making the entire amount about $90,000. The sale itself was quite a formidable function, as the forms of law required that every individual

tract of land had to be first descri bed and then its rents and profits first offered for sale for a term not to exceed seven years. After all had been gone over in this way, and no bids received, the fee simple of land had to be offered in the same way, tract by tract. Then no bids being received by tracts, the entire body advertised, was offered together. That brought out a bid from the attorneys of the Insurace Company which was $50,925.73, being the amount of their judgment, with accumulated interest and costs. A claim of Lee Jeseup, the builder, was also bid off by the same company for $164.17. The town site of McCoysburg, some 27 acres, was also sold separately, and was bid off by N. W. Bowen for $2,500. The various other parties who have judgments against this same land will each have, in succession, the right to redeem the land by paying the others off. There are five of these, with claims aggregating about $32,000 and costs. Name ly, Gottleib Bierling. $7,074; Horace Russell, $4,124; E. L. Hollingsworth $1,179; E. W. Bowen, $5,651; A. T. Bowen & Co., $14,247.95. A. T. is thus the last man to have a chance at the trough and he will have to dig up the entire amount of all the preceding judgments before he can get anything. After him, —well, probably there wont be anybody after he gets thru.