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Caption: Book - 16 Years (Edmund James)
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Land 67 SUMMARY OF LAND ACQUIRED BY THE UNIVERSITY DURING THE PAST FIFTY YEARS: (1) About 981 acres valued at $110,710 were donated to the University by Champaign County to secure its location in that county in 1867. During the year 1867 the Board of Trustees purchased sufficient land to bring the total up to about 1017.97 acres. For this purpose $16,060 was expended. The total value of the land owned by the University by the end of the year 1867 was therefore approximately $123,270. (2) During the thirty-seven years from 1868 to 1904 the University acquired about 16 acres of city property, of which it sold .2 acres, as well as 400 acres of farm land. Its domain,, therefore, comprised about 633.19 acres in 1904. Twenty-nine thousand, nine hundred and eighty dollars had been expended for land, and land originally valued at $24,200 had been sold. The net increase in the value of the University holdings on the basis of their original cost was, therefore, $5,780; and the total value of the University lands in 1904 on this basis was $129,050. (3) During the sixteen years from 1904 to 1920, the University bought 23.17 acres of city property in Urbana and Champaign at a total cost of $227,722.33, and 589.35 acres of farm land in the vicinity of the two cities at a cost of $410,555.46—a total of 592.52 acres at a cost of $638,277.79. In addition, thirty experiment fields located in various sections of the state were acquired by gift or by purchase, containing a total area of 713.72 acres, and having a combined value of $94,447. Two and a half acres of city property in Chicago, originally valued at about $1,900, were sold; but other property in that city, amounting to 2.02 acres and having a value of approximately $129,162.50 was acquired. In 1914 four farms having a total area of about 768.19 acres and valued at approximately $215,000 were donated to the University, from the sale of which funds should be provided for a building for the School of Music. The total net area added to the domain of the University during this period (excluding the T. J. Smith land to be sold) was 1,328.26 acres—an increase of 217 per cent over the num- >fe£v
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