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The Morning Enquirer
Battle Creek, MI
Tuesday, 28 February 1905

         WHOLE TOWN TO BE SOLD
         
         Bay Mills Included in Receiver's Sale
          - Big Deal in Timber Land Will
              Be Made This Week
              
         Sault Ste. Marie, Feb. 27 - Unless a higher bid is
       received, all the property of the Hall & Munson Co.,
       will pass into the hands of the Cleveland-Cliffs Iron
       Co. next week. The Cleveland-Cliffs Co. has made an
       offer for the property of $370,000. The property con-
       sists of 72,000 acres of timber land, mosty hardwood;
       23,000 acres of farm land and the entire town of Bay
       Mills, twelve miles from the Soo. The property has 
       been in the hands of R. H. Munson, receiver, who was
       appointed by the United States district court in 1902.
       The court will confirm the sale unless higher bids
       are received before March 1. It will then be possible
       to settle the obligations of the company at 80 cents
       on the dollar.
         It is announced that the Cleveland-Cliffs Co. will
       build a new line of railroad along the shore of Lake
       Superior and through the timber lands connecting
       Munising and Bay Mills, and it is expected that the
       line will be extended to this city. By connecting a
       number of logging roads now in existence it is claimed
       that it will be possible to accomplish this by the
       construction of only thirty-five miles of new track.
         This is one of the biggest deals in timber made in
       some time. It is said that it is the first time in
       the history of the state that an entire town has been
       sold outright to one company. Bay Mills is located on
       one of the best harbors on the lake and has been a
       flourishing manufacturing place. A year ago the plants
       of the Hall & Munson Co. were destroyed by fire, en-
       tailing a loss of $300,000. Since then the town has
       not prospered.
       
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