“But it’s nowhere near the value of the land. That’s only a little over $20 an acre for it. The land is certainly worth more than that.”
“I reckon, if you can find a buyer. But it’s pretty hard to dispose of a parcel of ground of that size.”
“How much is it worth, in your judgment, at a forced sale.”
“I, ah, well, I could hardly say, off hand.”
“How much will you lend me on it.”
The lawyer shook his head.
“Money is pretty close just now. And my clients are a little slow about lending on these old tobacco plantations. We know they are good land, but they don’t rank well as security.”
“Couldn’t you lend me $15,000 at least?” asked Morey nervously.
“I’ll look about for you and consult some of my moneyed clients.”