| OCR Text |
Show MADE A PROFITABLE TRADE. Land Worth Millions Exchanged for Second-Hand Articles. Frank A. Mings, principal of grammar gram-mar school No. 21, has suddenly found himself n prospective millionaire, whllo a slx-flguro fortuno Is plainly within grasp. J'-. Mings Is thu owner of nn eighty-acre eighty-acre tract of Iron, lnnd nbout 100 miles north of Duluth, In St. LoulB county, Minn. Ho got tho land on a trado In 18S7 for n second-hand bucgy and a furnaco moro or less tho worso for wear. Ho didn't think much of hla land, though It was located on tho Mcsaha Iron range, from which millions mil-lions of tuns of ore have been taken, but ono day n mining expert wroto from Ely, Minn., offering 65,000 for his wasto land. Ono company looked over Mr. Wing's holdings a short tlmo ngo and offered him 115,000 per month for tho privilege of working a mlno on It. Another company wished to buy a part Intorest for J100.000, nnd begin work Immediately. As an absolutely clear title to the property Is vested In Mr. Mings, and Its reputed value as an outright purchase pur-chase climbs up to $1,000,000, It looks ns If tho principal of school No. 21 mado n rcconbbrcaklng bargain when ho exchanged an antiquated buggy and a second-hand furnace for eighty acres of tho Mesaha r.'ligo. Mr. Mings says he will conttnuo to teach. Duffnlo Enquirer. |
