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Show He also reported that he had received the following bids, which he had opened in the presence of bidders and witnesses at the place and time stated in the advertisement: Wolf River. Ooonto River. Name of bidder. i I .. I,. J.P. Reynolds ........................ MobIillan k Jennioge ;. ............................................ Stenhen Bradford l I l I I I I . I I l D.A. XDonnld bid8 $10.50 an &boot 400,000 feet of pine on Red River, s tribntaryof the Wolf. P. E.Doyleforthe s&me,@ 3. It will be observed that the bid of J. P. Reynolds was much the best for all logs on both rivers. The offer of T. H. Sheppard & Do., how-ever, for the logs on Oeonto River and its tributaries alone, was 13 cants per 1,000 feet higher. The number of feet of timber of all kinds on eaoh river was as follows: Wolf River: Pine .................................... feet.. 12,583,142 Hellllook ................................ do.. . 51,917 Basa. .................................... do.. . 2,853 12,637,912 Oconto River : Pine.. ................................... do.. . 12,880,366 Hemlock ................................ do.. . 167,219 Baaa. ................................... .do.. . 6,068 13,053,653 Grand total. ................................... feet.. 25,691,565 Therefore it wtts plainly for the interest of the Indians to eon6rm the sale of the Wolf River logs to Reynolds, and of those on the Oconto to Sheppard & Do., and on the 7th day of May, 1890, the day the bida were laid before me, I telegraphed to Mr. Repnolds- Yoo are not the highest bidder on the Ooonta Riser logs. If they are s w d e d to highest bidder,will yon acoept all on Wolf River at $8.50 per thoasandl Answer immediately. To this Mr. Reynolds at once replied: I wiilnot scaept WulfRiver logs at W.50. My bid was for all log8 on both rivers. I want all or none. As the other bids for the Wolf River logs were much below that of Reynolds (except the two bids for the small lot of 400,000 feet), and as the other bidders wanted the logs on Ownto River also, and at a much lower Bgure than either Reynolds or Sheppard & Go., it seemed clearly advisable to accept Mr. Rexnolds' bid and to eon6rm to him the sale of all logs, on both rivers, which was done May 8,1890. |