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Sale op Cottokwood Raxcij:—On Tuesdaylast Mr. F. V. Lee, of Richfield, sold the fine ranch at Cottonwood, late the property of Mr. Smith, by auction, to satisfy a mortgage due Mr. Laumeistcr for $6000. There were several bidders bat the estate only realized $5500, and it wag. purchased bv Mr. Laumeistcr in trust. There are 35 acre's of most luxuriant oats (nearly 5 feet high) growing on the farm, besides turnips, potatoes and cabbages, in ail about 50 acres under cultivatiou. The ranch contains 320 acres, and is certainly the finest Citate in the upper country. Twoyearssince it would have easily found a purchaser at from $10,000 to $15,000. A most commodious dwelling house has lately , been erected on the premises, but it is not quite finished. We regret to state that the unfortunate mechanic who erected it has not been paid, and ho claims to havo expended $2,200 upon it. This js undoubtedly a hard case, and shows plainly the jiecossity for a Lien Law in the colony. *7 '
Newspaper Details
Barkerville Cariboo Sentinel
Barkerville, British Columbia, CA
Sat, Aug 26, 1865
Page 3
Full Page
Clipped by
Anonymous
CA 19 Apr 2022
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Barkerville Cariboo Sentinel
