Recently, while researching the history of staggered terms for aldermen, I came upon this item in the Common Council minutes for December 29, 1938.
The house, which likely had been seized by the City for nonpayment of property taxes, was sold at the end of 1938 for $350. It is reasonable to speculate that the fate of the house was brought about by the recession of 1937-1938, which occurred while the country was still recovering from the Great Depression. Adjusted for inflation, $350 in 1938 is $6,106.36 in 2019.
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