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Evanston 22 August '78 [1878]
Mr. Alex McDaniels [sic]
Wilmette Illi.
Duf[?]
My Lands in Wisconsin are
S.E. S.E. Sec 9 [township] 32 [range] 5 ea. 40 acres
N.W.N.W. 10 32 5 40
N.E. S.E. 10 34 4 40
N.W. N.W 32 35 5 40
S.W. N.E. 2 36 6 40
S.E. N.W. 23 36 6 40
N.W. S.W. 23 36 6 40
N.W.S.E. 6 35 6 40
S.E. S.W. 1 33 8 40
______
360 acres
All in Lincoln County Wisc [Wisconsin].
I bought all these lands of Senator
J. Wyatt who has lived in Lincoln Co. [County]
upwards of 20 years at Wausau.--
is an influential man in that Co. [County]
He entered [?] or purchased them many
years ago and they are all selected and
choice lands, heavily timbered, and
lay near the Wisconsin River. Easi-
ly acceptable [accessible]. And the Rail Road is
going right straight up through
the County already finished to Jenny
which is the County seat of Lincoln Co. [County]
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The Land is good quality rich soil
and makes splendid farms after
timber is cleared off.
Lands acceptable [accessible] as these & of good
quality & heavy timber, are becoming
more and more scarce each year,
and the increase in value is con-
sidered equal to interest at 10%
at any rate it is a certain increase
Each year. I had in all 700
acres I sold the balance of them
to a gentleman in St. Louis at
$10 per acre in exchange for
personal property:-
Now in order to close up the
matter of Mr. Merrimans mortg [mortgage]
upon which there is a balance
due from you of say $475.00
(I am not certain that this amount is
exact as Mrs. M. Has the papers), but
it is near this sum. I will take
of you any good mortgage you
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may have that will come due
2, -3, -or 4 years hence amounting
to $1,200 to $1,500 and give
you up all the note papers
which Mr. Merriman holds and
such amount of these pine lands
as will make up the balance
at $5.00 per acre the lowest cash
value of lands as good as these.--
I can bring this around with
Mr. Merriman if you wish to do it
and I wish you would look it all
over and let me know as early
as convenient your conclusions
Yours truly
E. L. Chapman
Evanston