The Redwood gazette., 1902-04-16

A change of base was taken to
block 2, lot 9, corner lot. The
bidding opened at $500 and closed at
$3.50 to John Lund of Candy, who
said that he didn't know what he
would do with it. Lot 10 in the
same block went to =. Redding OF
.Lamberton. Lot II of the same
block went to John B. Schmid OF
Springfield for $325, the bidding
opening at $3.50. Lot II went to z.
Garlock of Walnut Grove for $500,
13 to H. Bendixen Of Springfield for
1865.
i Lot Z, block 8 was sold to VIM. 6.
Frank for $40; lot 8 to Vim. Bier
man for s415; lot 9 to B. c. Schuel-
Ter of Morgan for $500; lot 10 to
VIM. G.. Frank for 1925, the bidding
opening at $500 Lot 5, block s,
went to J James Dickson Of Spring
field for $3.50; lot Z went to Z. Red
ding for 1915; lot 9 to 81. 9. War
nike of Springfield for $3.50; lot u,
a corner. lot, went for $3.50 to a. Al
termatt>of Springfield; corner lot l.
block II. went to Fl. G. Schmahl for
$3.50: lot. 2 went to Z. H. Wallace for
1926; lot 18, block 10, went to J. B.
Schmid for 500.
Sales we're active all afternoon.
The lowest price was $105 for side
street lot, and the above prices indl-=
cate the general average. No resi-
dence lots were sold.
The company have II blocks plat
ted out for Milroy, the principal
street being Euclid avenue, on the
section line between 16 and II. In
six blocks facing on this avenue all
the lots were sold, while many on
the streets running east and west
we're also sold.
Milroy is located on what was
once the Thos. Murphy farm. The
original townsite is on the side OF
small range of hills, and is fairly
well located. The site is midway
between Wabasso and Marshall, and
it really has the best territory Of all
the new towns, it being { miles
from Marshall and Is from W abasso.
Dudley is west Of it and Lucan IS
east, but at the Dudley sale the pre-
vious day only three lots were sold,
indicating no business at that point
on account of its close proximity to
Marshall.
The contingentof Springfield peo
pie all intend to build substantially, |
and Frank Jaehn. the contractor,
has already contracted for large
amount of rock to be delivered at I
once. Messrs. Frank and Bierman I
expect to have bank opened there
by the middle of May. This will be /
organized into a State bank. All T
other interests will be represented I
when the track is laid, five elevators
and three lumber companies being
among them.
a COMMENT FROM TRACY.
The Tracy Herald has the follow
ing comment to make on the sale of
lots in Milroy. The Herald S COM
ment regarding the gentlemen from
Springfield is hardly fair The en-
tire bunch of Springfield people
present were shrewd business men.
who wanted something and were
willing to pay any price to get it
a proper business idea:
The auction sale of lots in the
new towns of Dudley, Lyon county.
and Milroy. Redwood county, came
off Tuesday and Wednesday. Att
Dudley the price paid averaged
800 per lot. but at Milruy the peo- /
pie lost their heads and bid as long
as their money lasted. d. T. Nc
Arthur went over with a huge sign
about 20 feet long by three wide on
which was painted First National I.
Bank of Milroy. Mac intended to !,
buy the first lot and tack up his
shingle, but an organized crowd of L;
from Springfield were
the chief instigators for the ridicu-
lous prices paid Mr.. McArthuri: !:
showed prudence in deciding not to | I
~ I ;