Daily Republican., 1880-12-01
Ev,DKacE ALLEN.
The Libel suis Ready fer Argu.
ment-Posiponed Until To NOR.
rOw-The PIaiuIifs Close with q
Splendid Case.


Splendid Case.
Specially Reported for the Republican.
New CASTLE, Nov. 30.-Ths balance
Of the morning session Of Court to day
Is as follows:
Plaintiffs evidence in rebuttsl :
Uriah B. Ferree, sworn--Live within
three miles Of this Dauphin trsct
have been acquainted with this tract
for 35 years; have been q Justice Of
the Peace for ID years am . surveyor
civil engineer, insurance agent, ETC.,
etc am familiar with land on Broad
mountain, and could pass over 1t any
time Of night; on this track Of l ZOO
acres there is some valuable timber
the pine is valuable for use as props in
coal mines the Lykeus Valley mines
offer a good market for this pine tim
ber this 1000 acres would cut pine
timber TO the value Of go, 900; 3 rail
road runs Within two or three miles ot
this timber the Chestnut timber would
cut 1000 rails, valued at f25 thou.
sand. ...
II will cut 400 cords Of rock OAK, worth
% a cord 1000 railroad ties can be
cut there worth 80 cents apiece (; there
can be 4, 900 cords Of wood worth 2J
cents cord standing there is other
timber there Of which | made no ssti.
mate II tho timber was cut of the
land would bs worth in the market SIC
an acre there is iron ore on the south.
eastern part of the mountain some
iron ore on this tract | have been In
the insuracs business IL years the
clause making the insured liable for
one third Of the less is common
clause it Is in the policies Of the Lyk.
ems Valley Company 10 my judgmen,
q mortgage on this land Of $40, 900 OF
CAS-, 900 would be q safe investment
it would take stranger three or four
days to make an examination Of this
land
Cross examined. d.--First examined
this land in order to make an estimate
Of its value, last May; | spent nearly
three days examining it the first timei
did 1t at the instance of Mr.. Bright;
wac accompanied by my brother the
first time; examined 1t again last Sat
urday week; got on the ground about
sunrise and left at 3 O'Clock; Mr.. r.Brlght
and Mr.. Musssr with me; consider
myself q capable civil engineer; helped
lay out a railroad when | was 20 years
Of age; have not done anything at the
business since; about 20 years ago
there was some timber cut off this land
by D. K. Mcclure for charcoal; dop't
know Of my own knowledge what these
pine preps sell for; only know from
hearsay that these props sell for $50 q
thousand feat, never dealt in 1t or saw
any sold; believe could make a good
thing out Of this lard if gave $50, ,00C
for 1t.
Leander Ferree, brother Of the fore
going who in his company made an ex'
animation Of the land, testified in sub
stance to the oreEoing.
AFTERNOON SESSION.
John T. Musser, sworn.--I am q
Daupbin county lumber dealer Of II
years experience; l made o careful ex-
animation of the 1924 acres on Broad
mountain. estimate that 1t has 600, :
900 feet Of number one propping at
$lG0 per. 1000 feet; SOC, ,008 feet No. 2
$50 per 1000 feet; 500 cords
chestnut, oak bark at IS per cord;
2400 chestnut rails at 81 per hundred ;
5000 railroad ties at 80 cents each
$500 cords Of wood at 81 per cord,
making q total $98, 1870; about one
half OF this would have to be paid for
cutting; after the wood is cut of the
land is worth IS per acre. The iron
ore found there is good; men could not
examine the land in five hours as
Messrs. Pennington and Pierce said
they could.
The defense now took up the New
Castle county land, and first called
Lewis c. Pennington, who said he
knew the Delaware city farm well; the
buildings are worth 5000 and the
farm is worth $4,000.
Thomas W. McCrackin, sworn u
know the Gray farm, quite well. The
buildings are worth "a, 900, and the
farm ia worth at least $4,000.
William >. Stroud, sworn.-I know
the Gray farm; it is worth $ll, ,25l,
which is at the rate Of SIS per acre.
Cross examined. Il have not been on
The farm for a numbepof years.
Theodore Jones, sworn.-The Gray
Farm ought to be worth $40, 900.
The Kent County land was next tax
IN up and William McCaully, Esq. tes-
ified that be knows the Nichols farm
lear Dupont's station in Kent county,
md owns land near it; it is worth $50
)er acre or Sc, 6,552; the Mckee land is
Worth about $l0, 0CO being the lest i'm
,roved farm in the region.
Noses Rash, sworn--I am farmer in
Tent county and am general agent for
ir. William MoCaulley in managing
lis land in Kent county ; l value the
IicboPs farm $4,000 and think $4,000
II entirely safe investment on that
arm; the Mckee farm has been greatly
improved and the land is worth $50 |
or acre or $4,000 which it would bring
t cash sale; $4,000 would be a safe
1ves.ment upon the property.
Joseph L. Carpenter, Jr, sWorp.-I
We in Wilmington wtere l am tax
,lls,tor and AZ extensive builder; on
ecember Is, 1878, in company with
resg Chandler, Thomas Darlington
nd Samuel Murphy made an examina.
on Of the securities Of the Delaware
tate F. & NJ. 20 at that time l was
Of interested in the company and
ade the examination at the request of
r. Tantum and william Bright; We
und the assets to be $l19, $50. The
ortgsges we're as follows: C. P.
,hnson, $4,000 on property on
rsnch street, good for the amount; an.