Real Estate. to Complete Acquisition in Certain Cases

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McKenzie. It is a business proposition ?
Gen. Carson. Yes, sir. We have vacated these two groups [indi- cating] and do not use them any more.
Maj. vox dem Btjssche. I might say in that connection that the landowners have the War Department practically at their mercy.
The foundations and floors in those warehouses are concrete, and we are obligated to restore the land. Therefore, if we have to comply with the terms of the lease it will cost us, in addition to the invest- ment already put in the
...property, considerably more to take out the concrete piers and floors in the warehouses, whereas if we owned the property we could sell it at a figure more nearly equal to its value.
The salvage value of the buildings is said to be in the neighborhood of $250,000, and the improvements cost $1,995,000.
40 REAL ESTATE TO COMPLETE ACQUISITION IN CERTAIN CASES.
Mr. McKenzie. The next item is for the Artillery range at Toby- hanna, Pa., $7,533.67. My recollection is that there was a very good argument made in favor of that, but, for the benefit of this record, you may make a statement in connection with it.


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