The Redwood gazette. [volume] (Redwood Falls, Minn.) 1873-1940, 1896-03-05
BEARD TAKES a FALL.
Gets the Best of Vet. Davis in a
Real Estate Deal.

Real Estate Deal.
Sylvester Davis and ex-President
Beard. of the defunct Bank of Fairfax,
took individual falls out of each other
during the month of February. The
block OF land on which the Park Hotel,
destroyed by incendiarism and the in
suranee on which has not yet been
paid, is located, formed the scene for
a basis of operation.
1t appears that Davis and Beard
had purchased the land on contract
of j. A. Willard of Mankato, through
VS.. Mckay of this city. Davis was
purchaser to the extent of quart
ers and Beard was purchaser to the
extent of one-quarter. The contract
would have expired on Feb. LIST last.
Beard was delinquent in his payments.
A day or two before the expiration,
Davis secured the original contract in
which he and Beard were made par
ties to the deal, out of the Office of the
Register of Deeds. He went to Man
kato with another party and explained
to Willard that Beard was delinquent,
told him about the recent troubles
over the burning of the hotel, and
then made proposition that he pay
for the whole tract and Willard deed
the same to him. Davis produced the
contract. Willard finally agreed to do
this, stipulating that he would first
have to give Beard notice of expira-
tion and quit.
The notices of expiration were duly
made out after Davis had paid Willard
for the whole tract. One was sent to
W. S. Mckay, the original owner. A
second was sent to Mrs. Beard, in
whose name the ex-president transacts
all of his business, and third was
sent to Mrs. Davis.
Upon receiving notice Beard com.
menced swearing at everybody that
had anything to do with the deal. He
went to the Registers office for the
contract and found that it had been
secured by Davis. He cussed Regis.
ter Esans, whceeupon- the lattor ia
formed him that the contract had
never been filed, inasmuch as it had
never been paid for. He then turns
his guns on Mckay, Davis and Viii.
lard, claiming that they were trying
to defraud him of what he had paid
on the contract. Davis, of course
answered him that it was skin game
on Boards part, and he was merely
getting the worst of it. For two weeks
up to Feb. Oath, the final date for the
notice of expiration, Davis, fearing
that Beard would attempt to seize the
property by occupying the same, held
forth in the cellar of the hotel. Here
he did his cooking and slept. Or
Feb. 24th, the day on which Mr.. Viii
lard was to have sent Burton S. Davis
Davis son, warranty deed for the
whole tract, Davis received warranty
deed for the three-quarters interest
and Beard received warranty deco
for quarter interest. Davis also re-
ceived check for one-quarter of the
amount he had paid to Mr.. Willard
and letter from that gentleman in
forming him that he would have t.
fight out the equity or title to th'
property with Davis.
Both deeds were placed on recort
last Thursday. While Davis wonder
what he is going to do to get the up
per hand on the ex-president, the lat
ter smiles cynically y and is waiting TO
another foe to vanquish.
On Friday deed was recorded as
signing the Beard one-quarter interes
in the whole tract to F. w. Philbrick
The consideration was nlaced at &O(