McGugin Lands

SWI Mar. 6, 1917 – Plenty of Men to Buy Estate. – What was scheduled to be the final act in the sale of the McGugin lands in the Common Pleas Court this morning was not the final act, and many of those who were in the courtroom at the time expressed themselves as well pleased with the proceeding, which at times bordered on barical comedy.

Mr. S. A. Condict, who was to buy the lands, was on hands and along with him were two other parties, A. R. Johnson, representing the local syndicate organized last week to buy the lands, and Messrs. Edwing and Sears of Mansfield, who said that they represented Eastern capitalists who want to get the lands. 

Davis Building Ironton Ohio

The local company offered to pay $84,000 for the lands, and Mr. Condict offered $85,000 for them, but the other company did not make a bid though they said they wanted them also.  – The upshot of the whole was the decision of the court to advertise the land to sell at a public sale from the courthouse steps on Saturday, Apr. 7, when all three parties are expected to bid against each other along with another firm from Wheeling, which is said to be anxious to get in the lands.

SWI Apr. 17, 1917 – New Company Organized. – At the meeting of the stockholders of the Lawrence County Realty Co., the newly organized company which purchased the McGugin lands, this morning, D. C. Davies was named as President; Dr. D. G. Stewart as vice-president; Glen R. Sloan, Sales Agent, and A. R. Johnson, Jr., Secretary and Treasurer.  – The company’s offices for the present will be located in the Johnson & Jones law offices.

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