The herald-advance. (Milbank, S.D.) 1890-1922, 1891-11-27
Delinquent Tax Sales.

Aberdeen News.
There is a wall OF disappointment all
over the state, because OF the operation
OF the delinquent tax law. Formerly
school teachers and others who wanted
to invest small amounts in safe man
ner securing a good interest, were pur-
chasers at tax sales. BY the pew law all
such small investors are cut Oft, aud the
big capitalists are given the advantage.
Tie lands are sold IN bulk, or large
blocks, and the purchaser must plank
down the cash 10 the amount sometimes
Of thousand Of dollars. Who IS respon-
sible for this discrimination IN favor of
the caplllists, it is hard TO say. IT may
be simply a hlunder, like that requiring
the farmers to pay delinquent taxes in
nliGsummer. when they have no money.
Ii however looks as il planned to give
The largest capitalists undue advantage:
Reresford News: The delinquent tax
law is very unsatisfactory. This new
law does not seem 10 give general salts
faction for the reason that it shuts out
all small bidders In most Of the coun
/ ties where reports have Leen received
from it appears that some big syndicate
controlling eastern money has gone lnlo
the various counties and bid IN all The
/ farm lands at the maximum rate OF 10
per cent. In a great many OF the coun-
ties a lower rate OF interest would have
/ been obtained il the lands had been
divided so as 20 permit men OF smali
means or the people Of our own state !"
] bid
Lake County Independents: At the
tax sale held November ?, as required by
law. VIM Tobln was the only bidder on
land sold in bulk. His bid was 10 per
cent, which viii amount to something IN
the neighborhood of $500 There being
no bidders for town lots in bulk, they
were sold separately to different parties.
The new law would be all right provld-
ing it required the treasurer to sell all
lands separately and not in bulk, as It
now does. 1t isn't every person who has
5000 or $4,000 laying around loose,
so that il keeps the man who would like
a small amount at a low rate Of interest
from bidding.
De Smet News and Leader: Major
Ruth was the successful bidder at the
tax sale. Monday. having bidden in ell
the lands the county advertised FOR dc
-1linquent taxes at Is per cent. Ihls new
departure is said 10 be one OF the
, independent schemes, and throws q
great buIk OF the county Iaiu .as
into the hands OF capitalists. Whether
it will work good or i'll to the tax
nayer remains to be seen. At any
, rate, Major Ruth has the entire dellE
auent land tax in his control now. 4
great blow to capitalisls-a clnch OF
! trusts. But let US hope no one vii
suffer from its effects.
1t would seem as though Deuel. coun
ty taxes would be good investment at ;
lower rate than Is per cent, but no on'
q with the amount necessary to cover th'
a entire list could be found 10 put in ar
opposing bid. The $500 or $1,000 mar
j does not stand any show and the mai
with heavA capital walks off with th'
persimmorle.
A syndica,e Of a few Cal alitalls's car
Q now control the tax sales OF any count.
j or even the state As the lands rever'
IS 10 the purchasers absolutely after thre
wears from date OF tax deed. many farm
g ers will inevitably lose their homestead
e for want OF notice or some other accl
>, dental cause.--Clear Lake Courier.
II The G. A. r. and ". r. G. will hold
y camp tire on the evening nf Nov. 28'h
/ at the court house in Mllbank, 10 whc