The daily gazette., 1880-12-01
THE SUPERIOR COURT.
THE LIBEL SUIT DRAWING TO
A CLOSE.
THE PLAINTIFFS BEBUTTING EVIL
DkNCE ALL IN, AND THR CASE
READY FOR ARGUMENT.

THE PLAINTIFFS REBUTTINa EVIL
DENCE ALL IN, AND THR CASH
READY FOR ARGUMENT.
Specially reported for the GAzEr K.
NEW CAsILE, Nov. 3d. When the
defense closed In the libel suit of the
Delaware otate Flre and Marine Iusur-
a0ce Company rS. Vim. L. Croasdale, this
morning, the plaintiffs opened in reDut-
tai by calling TO the sand Uriah b.
Ferree to testify in regard to the value
oil the land in Dauphil county, Pa, on
which the Company holds mostgages to
the amount of $4,000.
Mr.. Ferree SAID he lived in Millers-
burg, Dauphin county, Pa, and was a
Justice OF the Peace, and had been for
nfteen consecutive years Surveyor, con-
veyanceT, insurance sgeut and civil en-
glneer. He had frequently engaged in
estimating tue value of timber lands at
the instance OF parties desiring to sell or
w buy. lie knew The tract of land in
question III Dauphin unity, and had
been on II number of times. IL was
grown in chestnut, had large growth OF
pine, aud also had rock or chestnut oak,
white oak, black OAK, hickory and maple.
The pine, oak anu chestnut are valua-
bic for use as props in the coal mines.
The property Is near gAod market, as
the Lykens Valley coal mines are not
very tar away. The props Tor coal
mines are OF three grades, the first sell
ing for 500 per 1000 feet, the second
for $50, and tue thlId for $50. He esti-
mated that 100000 feet OF props tim
Der could be cut from the whole tract,
which would sell at an average Of $50
per feet 1000 feet.
Th nearest railroad poin is Oakdale
station, on the Summit Branch of the
Northern Central Railroad, about a
mile away on an air line, and mile and
one-eighth by the wagon road, this l,2OO
acres would cut pine timber to the value
Of 500, 900; railroad runs within two or
| three miles Of this timber; the chestnut
| timber would cut 10000 rails valued at
! S25 thousand; it will cut 400 cords Of
rock oak, worth SO a cord; 1000 railroad
ties can be cut there worth so cents
piece; here are 1000 cords OF wood
| worth 20 cents a cord standing; there is
| other timber there of which made no
| estimate; if the timber was cut oil the
land would be worth in the market $40
| an acre, there is iron ore on the south
eastern part OF the mountain; some iron
| ore was then produced which the witness
| had brought with him; the indications
| are that there is iron orc on this tract; |
| have been III the insurance business IL
| wears; the clause making the Insured
| liable for one-third OF the loss is com-
| mon clause; it Is in the policies Of th,
| Lykens Valley Company; in my judg-
ment a mortgage on this land Of $46,O ,OOO
| Or S45. 900 would be safe Investment;
il would take a stranger three or -four
davs TO make all examination OF this
land.
Cross exAmined-First examined this
land in order to make an estimate OF Its
value, last May; spent nearly three
J laws examining IL the first time; did II
At the instance of AIR. Bright; was ac'
,ompanieA by my brother the FIRST Time
examined IL again last Saturday week
got ON the ground about sunrise; left al
5 O'clock; Air. Bright and Mr.. Mussel
we're with me; consider myself IA cap
| ,bls civil engineer; helped lay out !
railroad when was about ~ years olu
ave not done any thing at the business
| since; about 20 years ago There was somt
lmber cut off this laud by " N
JcClure for charcoal; don't know OF my
| ,wn knowledge what these pine prop
.ell for; only know from hearsay tina
hese props sell for $50 a thousand ieet
ever dealt in il or saw any sold, L De
.ieVe 1 could make good thing out
this land if gave $50, 900 for 1t.
Laender S Ferlee,a brother "f the pre-
yious witness, and assistant postmaster
Acting Justice Of the peace ana surVeyo
Loyalton, Dauphin county, "a, wa
,ext sworn and cUrrob )ralcd his orotn
RS testimony in every particular as III
,ad also made an estimat" OF the Valu
f the land and the amount OF llinoe
pon it. ,, ,i . o,cloc
p. m.
AFTERNOON SESSION.
On the reassembling Of court John l
I.sser, also Of Dauphln county, d
md a dealer in lumber for the pas. i
years. Testified in regard TO the Dalphl
,ounty laud. He said, from his exam
! na,ion. he found 100000 feet OF NO.
,ronnino. worth 500 per 1000; 5OO,oO
= # 10. 2. worth $50; 500 cords OF roc
d. oh bark at So per cord, 24,OOO chestnu
i ala at 81 per 100; 5000 railroad ties
80 cents each, and aoouL o'oOo coluS
yood, at 81 per cord. Ihls Eaue y
al valuation of sos, lS0, OF whlcn ON
,aIf would be required to pay Tor Gu
inc and delivering. The land he ul
~, think worth more than 80 per acr'
rha witness. on cross-examlnatlol,
tested 10 his general knowledge "i TIN
IS Ln" iands and the lumber business gel
orally.
n THE DELAWARE LANDS
Lewes q. Pennington was callea
s .sstify in regard TO the value 9i u y
II Lmes Gray farm, in Red Lion ,5aa ha; L
"a Iva had known it since lo3o, al
'H,@ ined i" on it one year. The b1ildln
~ 10, in . fair condition, and ol IneI
,aIues we're worth about $3,ooo' W. W.
,o.s said he would not begru1ge sl'
- iSo eIr the farm. 1t contains lou acre
On cIoss-examlnatloh wi'nsSo .I~oa mil
,wned a farm of 147 acres tnrue i"''
n- rom this and asked $o,OOo ioI IL. ~,
Thomas w. McCracken tesllneu VI
p i, his oui,ion the Gray farm was "oi
NJ sio ONO Had known 1t ior ~ VI
ra Years. The buildings were "oi'N
600. ,ost;fed that
es vas we'll acquainted with the Jae y, !
vas vas faru and considered 1t worth =
Vi Der acre, or S1l ,OOo. stoo
Theojore Jones' estimate was pto'G ~ h
er- lhoo ',S i've this much for it il he d