The morning news. [volume] (Savannah, Ga.) 1887-1900, 1890-02-10

Vogt $500 for a half interest in
this ten-acre tract, and the investlg CATION
of the other lands in the neigh or
hood went on as quietly as possible. Many
adjacent tracts We're bought at fair prices,
| aud options taken on Others by Mr. Dunn
and his associates pending more thorough
! investigation. Subsequently, many Of these
/ options became actual sales, while others
were allowed to lapse. Vogt. DR.. Snowden,
/ the Ocala chemist the two leagues, Frank
and Sam, and others became active CO.
operators slth the Dunn party in prospect
| ing for phosphate.
BIG PULL.
After the first organization of the Dun
mellon company it purchased the OF Ter IN
divided half Of the Nogt place, paying the
owner in the stock of the new company.
Subsequently, Vogt sold this stock outright
to other members of the company for
| 100000 in cash. This was the q st big fruit
which grew ont of the "findn of Albertus
Vogt on May l, 1889. The company now
owns his ten acres. and he holds
none of the Dun lellon stock. He
has, however, invested largely in lands
said to contain phosphate, has purchased
valuable town lot, and bought $4,000
worth OF stock in the Merchants National
Bank Of Ocala. Some people about town
say that the 100000 has nearly all been
blown in" already; but Vogt himself ia-
ssts that he is still well hesled," and that
he can fly his kite as high as any Of the
phosphate kings. He still makes his home
on his original ten acres, but spends
much of his time in Ocala. he
and his brother, John w. Vogt, have
formed a partnership and taken an Office in
the Merchants bank building. Their bust
ness is in real estate, bonds, stocks, and the
negotiation OF loans. John w. made
500 900 or more in cash out Of The original
deal with Mr.. Dunn and his associates, and
still holds some of the Duhnellon stock.
DR.. Snowden also leaped suddenly into
condition of financial independence by the
same means.
BUNCH OF BoNANzAs.
Near the head OF the Blue Spring run is
the original homestead of the Agnews, Of
whom E. W. Agnew is one of the present
merchant princes of Ocaa. This tract
was one of the first of the Dunn purchases,
the price paid for it being SO per acre.
A short distance below Blue Spring, on the
banks of ''the run" is the homestead of G.
n. Fisk. 1t contains 100 acres. Six months
ago it was valued at not over 81 800 with
the improvements. Shortly after the phos-
phate find Fisk sold half of his estate. eighty
acres for 500 an acre,-$8,000-to the
Agnew syndicate.
Sylvester Brewer, holding neighboring
homestead, 160 acres, sold out to the Dun
Mellon syndicate for $4,000.
Fred Il. Brown, who had place at the
head of the spring, sold thirty acres for
81, 900 cash.
A man named Ashley sold his forty acres
in the same neighborhood for $1,000.
+. g. Lumpkin has sold his 100 acres for
go, 500.
Glover Lumpkin, whose 100 acres were
near by, sold out for 81, 500.
Old man Eraa- also had IN,
this vicinity, 100 acres, and sold it out for
81, 900, clear money.
Then followed another sale of greater
magnitude E. C. Allen had 140 acres and
was willing to part with them for $1,000,
which be did, and lined his pocket with
greenbacks.
One Stewart also had 100 acres, but after
the phosphate prospectors were through
with hun he didn't have one of taem left
but the snug little sum of S., 500 in bank.
Another holder of a homestead, 100 acres,
was Mrs. Greenfield. She prefs red SO, 500
in cash to being land-poor, and took the
money.
One Stratton had 100 acres in the Dun
ne'lon region. An offer of s., 200 cash
caught him, and he decided the land away.
DIR. w. n. Williams has only 100 acres in
this vicinity, but ne wasn't long in making
up his mind to take az, 600 for il,
w. I. Tompklns had 100 acres, but he
liked the looks Of ST. 900 much better; SO
he let the land go and pocketed the cash.
MARY DoRsEY's HIT
About three miles from Dunnellon lives
Mrs. Mary E. Dorsey. She lad about 1853
acres of land, part # it improved. When
the phosphate buyers came along she took
fancy to the SIS, 0O0 which they offere 1
her and let the land 60. But she didn't like
TO be without land, 50 she looked longingly
on the estate of her neighbor, Jesse Smith.
Then she bought it for $4,000, but rumor
has 1t that Jesse now refuses to sign he
deed, and that Mrs. Smith is likely to hold
the whole Of her SIS, 900 for the present
These are only few Of the many sales Of
land in the Dunnellon region which have
lifted the owners into comparative wealth.
The purchases Of land in the Dunnell IN
region and Whereabouts by the Dunnellon
company alone amount to about Is, 900
acres. Much of this land, of course, was
owned by non-residents, and was in per-
tectly wild state. l. is authoritatively
estimated that fully 100000 has been paid
out in cash for lands in the so-called Dun
mellon r0yion and Innch Of thia has coma