BlairAndCernyFamilie..
BlairAndCernyFamilie..
BlairAndCernyFamilie..
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0n Hay 2e 1953r the Blackburn farm consisting of 180 acres<br />
was sold at the ltlacon county courthouse in Decatur, Illinois.<br />
l{y father and myself as well as my brothers and sisters also<br />
attended the sale. Before the sale nry father had told me many<br />
times he was meditating, ponderr'ng and thinking about buying<br />
the farm if he could afford to do so. I also knew that he was<br />
thinking of the welfare of his children and that it would mean<br />
nnre funds, capital and assets for us when he r,rould no longer<br />
be with us.<br />
The bidding started on the land. Several of our neighbors also<br />
attended the sale. The price reached $r+44.00 an acre and the<br />
bidding slowed. llowever, our father bid $445.00 an acre and<br />
the auctioneer saidtrSold to John Thomas Blairrr. He was happy<br />
and at the same time r+orried about the debt he had incurred.<br />
The attorneys were Graham E Graham of Springfiefdl Illinois.<br />
Our father asked all of us children ff any of us r+ould like<br />
to buy some of the acreage he had just purchased and none were<br />
interested since they were all married except myself and were<br />
starting their families. At this point, my father insisted and<br />
urged me to buy 60 acres. I finally agreed because I knew it<br />
rrrould lessen his debt. I was employed at the Bureau of Internal<br />
Revenue in Springfield and in 1953 my salary was only $4235.00<br />
a year. August 4, 1953, I received a deed frorn nry father for the<br />
land. The day of the salel Walter bltreeler with the lfutual Benefit<br />
Life Insurance Company and a national farm loan office located at<br />
Anesl lowa and later located at Crawfordsville, Indiana asked if<br />
we vrould like to take out a loan with thenr. Hy father and myself<br />
assumed a loan with this company.<br />
0n l'farch J0, 1956 I signed a lease with the Sun Oil Canpany but<br />
no oil was found and this was apparently another unsuccessful<br />
attenpt to tap a paying oil pool in Hacon county. 0rilling was<br />
stopped at 2s740 feet, 140 feet deeper than the minimun planned<br />
depth and 280 feet short of the maximum. ltlany prospectors have<br />
found oil in scores of atteirpts in Hacon county but none have<br />
tapped an oil pool sufficient to produce in cornmercial quantity.<br />
June 24, 1956 our dear father died. The balance due on the<br />
John Thomas Blair estate was paid in full on July 15, 1965 by<br />
Rosenary Blair as the executrix for $141000. I had to take out<br />
a new loan after the balance due on the estate was paid. 0n the<br />
old loan I was paying 4 percent but after July ll, 1965 the<br />
interest increased to 7 percent per annum.<br />
The years between 1953 and 1953 were very meager and skimpy for<br />
me until my indebtedness was paid. I have always been a frugal,<br />
self-denying and thrifty type of person. I shall never be able<br />
to thank God enough for al I the favors and goodness that He has<br />
granted me.