Rensselaer Semi-Weekly Republican, Volume 41, Number 30, Rensselaer, Jasper County, 25 December 1908 — COMMERCIAL CLUB BUYS ADDITION [ARTICLE]

COMMERCIAL CLUB BUYS ADDITION

Robinson Tract of 75 Acres Purchased at $l3O per Acre— Sale to Begin Soon. The. directors of the Commercial « Club this Tuesday morning held a ' meeting and considered all the proppositions for subdivision property suitable for the lot sale that is to provide a fund for factories and after careful consideration of all the propositions decided to take the offer of Warren Robinson to purchase his 76 acres just east of town. All members of the board of directors were present except G. E. Murray and E. L. Hollingsworth, and the board reached the agreement without a dissenting voice. The tract was offered at $l3O an acre and the price appealed to the directors, as well as the fact that it was the only one of the plots offered that was large enough and it also had no waste ground! It was thought advisable to have ally the lots together instead of subdivisions in two or three diffeient locations.

The other property offered was the Kellner tract at $175; the Monnett tract, now owned by the Chicago Training School, at $150; the Henry Amsler 40 acres north of town at $140; the Harve Grant 15 acres at the north Bide of town at $260; and R. A. Parkison’s 24 acres west of the stock farm at $l5O. The directors at once employed Civil Engineer Bostwick to make a survey and blue print of the tract, and from this a plate will be made and then the large posters will be printed and the sale of the lots will begin. Mr. Deam was here and commended the action of the board. He thinks the subdivision best adapted to the needs of the Commercial Club and he is anxious to begin the sale. He also said that it is probable the factory people will be in Rensselaer within a few days to look over the toWn. If the metal furniture factory is secured the club would' probably set off five acres of this tract for the factory. 1 As previously stated, the lots are sold without regard to location in the subdivision and after six months the drawing takes place and the lots are dispersed by lottery. As there is a good house on the tract this will go to some one of the lot purchasers. President Warren Robinson is pushing the affairs of the Commercial Club right along and Rensselaer is shaping itself for a big boom and every citizen can gid in the effort for a "Greater Rensselaer.”