, 1875-03-28
REAL ESTATE. |
rhe South Pazlk Land Con"
de1amatio1l Case.
cbaracter Of the Land and
History of the Pro-
ceedings.
rn. uen Whs Decided that $3.50
an Acre Was a Fair VAL
uation.
4 genoral Review Of the Chicago
Real Estate Market,
Sales More Numerous and
the Market Stronger.
ALarge Amount OF BuHd1nE
Improvements'Under
Way.
Nat. ,f Ii, L,aa Bsrtet-Hers cid Debts
Paid than atu Ones Cantrae1'd'
uar,o. for Workingnen--Ihe
Alton & ST. Louis Rail-
way Shops.
Sales More Numerous and
the Market Stronger.
A Large Amount Of BuHd1ne
Representatives.
Way.
Nat. ,f ths L,aa Hartet-Kers cid Debts
Paid than a.u Ones Contracted.
Homes for Workine1nen--Ihe
Alton & St. Louis kali
way Shops

7HUEE l HAH+-Os
- 1roe-r rIrHAoRDINARy VERDICT ON A@eoAo'
p.~1,na M ysrdict haa svsr been given by
tnrv in Cook County in any land condemnation
.s.., tha, has caused 50 much feeling among
~. t.1-Davers as that rendered IN ths case OF
~. ~ eo.,+i p,rt Commissioners ". Colehaur and
a,hsr. in which the Park Commissioners sought
10 condemn, for park pcrposes' ~ acres o1 lAuo
h ii. n. E. K Of Sec. q, Town 3S, being Por-
ton Ct tho lAks division OF the parS. 1he 'saes
ofland sought to DO condemned conAists Of "
ares in tbs south end OF the lake-sho1a olv1h'on
nj the park It is = low .,leco OF gfouna' .oo
eonsidered BY The Commissioners the least sa1a-
.ble tr1ct Of land in tho entire park system
olmrted van1, in making the plans 1or tne
rarks. found it necessary to dsTots he msset
oo1tion OF this ground to
1ArEs AND WAITE couHsEs.
Tha law creating the South PARK COMMISSION
asdned the boundaries Of the parks and boule~
v,rda md the Commissioners were required 10
ebtain the lands by purchase or condemnation H.
Ths accompanying map Of the lake DIVISION
ef the parks, gives the names OF personr from
-n,,. tha different tracts Of land wers puT-
chased. and tho p1ics paid per acro Tor saon
tract
Tho Philips trac. was bought 1t the price
.,m.d bus, a tbs or7oe1 could not give perfect
iii. tina money ia not to Be paid Philips "nn1
II. title which il now in litigation, is perfected.
n. r,1;nrs Of the Court under which the ev1~
aence WAS taken, and tbs jury instructed. was
that the value 0. the land should oe aeee1tane1
n Of the present tirns. and without regard 70
ths location OF tho park.
sAruEL s. GREnE1,
rur1eyor, testified tha. he had maize surrey oa
II the 8n-acrc tract OF land in question II "@a
mostly LOW, opeu prairie; there WAS httle plece
of 1,dcs along its northeast margin, small "nf-
harad ridge pe1r the north end and another nes1
tha south end The level OF the tract WAS anou1
TX feet a5oye the present level OF the la6e' LIE
f.are Of the water in the Lake ia at present very
tov. The land is miles in straight line 1to"
Ii. corner OF State aud Madison streets. Ihe
lind ia yerv level-duriDg high water, and IN time
of stor,ns, it would frequently be but few inch
n above the surface Of the lake. He dlo no'
think the land would over be wanted 1os res'.
asncs purposes. Did not think the 4and eouit
b drained By earer 50 as TO Be used TOT o1ol
nasy building purposes.
8. FITCH TESTIFIED
that h;e brother and himself owned tbs 1ant
south Of and adjoining tho tract being con
a.mn.d. Tint he sold 20 acres Of good groEs
lind in the s. E. 4 Sec "a for 81, 500 per aer'
nhs co,ehaur tract ia in the N. E. 4 OF sec
IL: thst his brother offered to sell his lnteres
IN tho 1and. including park front, for g., ,ooo pc
ac1s.
Ths Fitch tract includes = largo quantity
fns r,oye land, has had large amount OF "or
dous On it, has watcr-maln running tn1ougn Il
md il mostly high and dry ground.
aH n