,000, all cash, and would have made a great profit on it at that
price. If the property had been properly listed and widely advertised,
much higher bids would have been made. If the property had been properly
advertised and had been sold at public auction, in detail, I am safe in
saying that the Exposition Company would have realized more than
$1,000,000 out of the salvage. In my opinion the property delivered to
the Chicago House Wrecking Company was of the market value of fully
$1,500,000.
H.S. ALBRECHT.
Subscribed and sworn to before me this 16th day of March, 1905. My
commission expires on the 22d day of July, 1909.
[SEAL.] IRA C. MONEY,
_Notary Public, City of St. Louis, Mo._
STATE OF MISSOURI, _City of St. Louis, ss:_
Before me, this the 16th day of March, 1905, personally appeared Charles
L. McDonald, who, being duly sworn, on his oath says:
My name is Charles L. McDonald. I reside in the city of St. Louis. Am
connected with the St. Louis Steam Forge and Iron works. I saw by the
St. Louis Globe-Democrat of October 17, 1904, that Mr. Isaac S. Taylor,
director of works of the Louisiana Purchase Exposition, had requested
sealed proposals addressed to the "Committee on Salvage and Sale of
Buildings," for the wrecking and removal of certain exhibit buildings
now on the World's Fair grounds, and that specifications and
instructions for the above-mentioned work and drawings and
specifications of the buildings to be wrecked could be seen at the
office of Mr. Taylor. All bids were to be in Mr. Taylor's office by 12
o'clock noon of Thursday, November 10, 1904.
The specifications and instructions as prepared by Mr. Taylor for the
wrecking of the buildings, and for which sealed proposals were
requested, only applied to the following buildings: Mines and
Metallurgy; Liberal Arts; Education and Social Economy; Manufactures;
Electricity; Varied Industries; Machinery; Transportation; Forestry,
Fish, and Game; Agriculture; Horticulture; four dairy barns, octagonal;
live stock forum; Live Stock Congress Hall; stock barns; steam, gas, and
fuel buildings and cooling towers; Festival Hall; terrace of States,
including pedestals and statuary; two pagoda restaurant buildings on Art
Hill; four fire-engine houses; five toilet-room buildings; five band
stands; and excluded, or rather did not include, all electrical wiring,
piping, plumbing, roadmaking machinery, fire hose in the various
buildings, t
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