The daily Gate City. [volume] (Keokuk, Iowa) 1855-1916, 1912-01-30
s.v Lot Of Land at the LaMonte
Auction, Because He Wants u on
the New keokuk De
velopment.
AND HERE is BARGAIN
r...+ieaI Farmer Considers Il the
a..t Investment Possible for
surplus Funds When
Bought Right.

mo confidence that people at
....orce have in the development OF
u a;s raighborhood OH account OF keo-
s ,rs greatest water-power on earth,
s sr study OF the situation on gener-
In principles and without long knowl-
doc or care about local opinions Q,
condition is illustrated by an Incl
AMI of the LaMonte land sale yes
terday afternoon.
william j. Apologize, a resident OF
southern illinois, three hundred miles
awaT. began long ago, back when
some neople were still skeptical about
ne greatest dam in the world being
mill here, to buy land near Keokuk.
a that time he bought on the bluff
north of Keokuk pretty extensively
and smaller tracts just south OF Ham
ton and in the north end of War
saw.
Came Three Hundred Miles.
Seeing the LaMonte executors adj
veFtisement in The Gate City. he
came to Keokuk Sunday to attend the
sale Monday After going over the
land Sunday, he was one Of the most
aetiye bidders at the auction and
bought over $4,000 worth of the
land.
This makes over $4,000 he has in
vested in land in the environs OF keo-
kuk to date.
at the prices paid, there is no
investment in the world that equals
this land because it combines the
three elements OF income, absolute
safety of the principal and certain
rise in the value" said Mr.. Apologize
today, .and since know land and
don't know stocks or bonds, this is
the sensible place for me to put
what money have to invest.
why it is a Good Thing.
"All / have bought brings a renta
income now that is sufficient None,
invested in land is in the safest banl
in the world, for it is the one indie
structible property. All land is SURF
to Increase in value, in this country
and you Keokuk people seem singular
ly blind to what must come here
unless all precedents are to b.
thrown to the wind.
Il am not figuring all over sheet
Of paper to calculate how large
population you are going to have. bu
whether it Is 100, 900 or millioT
there is going to be an influx of pee
pie here in a few years that wi
make me satisfactory profit on tn
land have bought--and feel sur
larger profit than could get b
buying cheap farms in Texas or Can
ada But it will take same years, an
what own here | do not expect [
sell for five or ten years.
He Takes Bargain Counter Land.
Yes, all my locations are with
definite object and definite idea of f
lure changes-well, what that idea !
doesn't matter much, and you Keoku
people probably have ideas Of yo,
own and aren't interested in I'll
plans Of a farmer from southern Hi
OILS. There's plenty of ideas that wi
grow into real things and none
around here and | don't want to sta
an argument.
No, I'm not going to buy any mo-
around here-if you put anything
the paper, say that anyhow, for eve
Time I've bought little land up he
lot of fellows with schemes ha'
bothered me to buy their chrome
and ] don't buy anything that's n
on the bargain counter
MI Applegate Is the brother Of Nj
u Walter Barr and has visited he
before, He was accompanied to he
kuk by Mrs. Apologize, who is a Ke
luckian and does not like the wint
weather up here.