(Q) Please give information in regard to present value, and
prospects of immediate sale, of a tract of land owned by
[
270], and known as Lot 5, Block 27, Glencoe, Ill.
(A) As given, the tract of land is valuable. The valuation
of same has increased, even since last we have had this.
There are prospects of portions of of this tract, this
block, becoming more valuable in the Spring, for there is
the possibility of there being improvements in this vicinity
that would greatly increase the valuation. There is, has
been, offer for a portion of this tract. This we would
dispose of, and hold portions of the block.
(Q) Please state if any special arrangements, such as
advertising, or listing with additional realtors, would
hasten sale?
(A) We do not find the necessity for additional listing,
under present conditions. Should, however, the body, [
270],
not decide to accept offer for the portion, then would be
well to list with others, or to make a division of same.
(Q) Will this sale be closed in time to invest additional
funds in The Telegram Oil Company, or would it be better to
re-invest in some other way?
(A) A portion may be disposed of in time to invest in
Telegram Oil Company, which would prove to be profitable,
when the operations of [See [
4905] series] same are carried
out as has been given.
BACKGROUND
See
270-2 on
7/30/24 in re piece of property he desired to
sell, and subsequent reports.
12/12/24 He submitted specific questions.
REPORTS
He subsequently had several Ck. Physical Rdgs.
6/14/26 See Business questions in Ck. Physical Rdg.
270-8,
Par. 5-A, 6-A in re sale of property mentioned in 270-3 Rdg.



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