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Caption: Board of Trustees Minutes - 1920
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86 BOARD OF TRUSTEES [September 3, M A T T E R S S U B M I T T E D BY T H E P R E S I D E N T O F T H E U N I V E R S I T Y The Executive Committee considered the following matters submitted by President James: OFFER FOR S M I T H FARM AT ST. JOSEPH (1) A letter from Mr. Howard Nash concerning the Smith farm near St. Joseph, Illinois. July 26, 1918 President E. J. James, University of Illinois M Y DEAR SIR: I have just made a careful examination of the Smith farm of 240 acres, now owned by the University, near St. Joseph, Illinois. I find that this land is situated on the edge of an excellent farming community. The Salt Fork Creek crosses this farm for a distance of more than 200 rods, damaging about 50 acres of land now used for pasture, much of which is subject to overflow and suitable only for pasture. The farm has very little tile drainage. The soil, on more than one-half of this farm, is a light timber soil. The farm has had very poor management for the past twenty-five years, and is very foul with burrs and vines. The soil has been starved. With the exception of a small barn, the buildings are mere shacks, the fences poor and the general appearance of the farm bad. I consider this an excellent type of a starved Illinois farm. In my opinion, this land should not be sold for less than $175 per acre and owing to its undesirability as compared with other farms in the community, I doubt if it will sell for more than that figure. I have been generally acquainted with this land for many years. Should your Board decide to place it in my hands for sale, I will give it proper attention. Yours very truly, HOWARD NASH Professor Cyril G. Hopkins thinks that this farm ought to bring $200 an acre at the present time. In this opinion Professor J. G. Mosier joins, and Dr. L. H. Smith, who resides near the farm and is credited with a good judgment in such matters, agrees with them. Mr. Howard Nash writes me that he has a definite offer of $175 an acre for this farm. On motion of Mr. Hoit, the President of the University was authorized to place this farm in the hands of Mr. Howard Nash for sale, until December 1, 1918, at a minimum price of $200 an acre. SALE O F S M I T H F A R M A T F I S H E R A letter from the Comptroller in regard to the Smith farm at Fisher July 24, 1918 President E. J, James, University of Illinois M Y DEAR PRESIDENT JAMES: (2) I beg to advise you that, in accordance with the action of the Board of Trustees on June 1,1918, page 753, a sale of the Smith farm near Fisher has been consummated
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