Did New Brick School Help Raise Acre Lots from $200 to $8,000? Feb. 16, 1926

What Is a Good School Worth?

The man that thinks school tax is always going out and never coming in should take notice of what happened in Meadow township Friday when without any flair of brass band or song of a trained auction company three acres of land were sold at auction ringing between $8,000 and $9,000, according to information from Mr. A.S. Glenn, principal of the Meadow High School, who was in the city Saturday. This land, which is a part of the Seth Lee land, was owned by Mr. Jasper Lee, who cut the three acres up into building lots and put on the auction sale. The land is in sight of the new consolidated Meadow High School, a splendid brick structure with 15 teachers, right in the heart of a purely agricultural section six miles from a railroad. Two years ago, before the erection of this school, we venture to say that $200 per acre would have been considered an unusually good price for this land.

From the front page of The Smithfield Herald, Tuesday morning, Feb. 16, 1926

newspapers.digitalnc.org/lccn/sn92073982/1926-02-16/ed-1/seq-1/