TULSA, Okla.--(BUSINESS WIRE)--Edward C. Lawson, Jr., a prominent businessman who was active in Oklahoma politics, sold at auction his historic Lawson River Ranch located just north of Claremore, Okla., northeast of Tulsa.
The Lawson River Ranch has been in the hands of the Lawson family since 1922, when lawyer and oil entrepreneur Eugene B. Lawson acquired the first parcel. Lawson Petroleum Company eventually grew to become a premier independent oil operator in Oklahoma, with oil and gas interests in numerous other states and countries. As adjacent property became available, more acreage was added to the property until it became 1400+ acres.
The Lawson River Ranch and business was handed down to his son Edward C. Lawson, who then passed it on to his son, Edward C. Lawson, Jr. – a member of Tulsa Hall of Fame as a prominent citizen, philanthropist and political leader. Lawson’s participation in several Republican National Conventions helped him establish relationships with political dignitaries such as George H. W. Bush and Margaret Thatcher – both of whom have been entertained at Lawson’s home.
The property stretches for more than two miles along the Verdigris River and includes two small ponds, a wetlands area used for hunting and a commercial pecan grove – one of Oklahoma’s larger suppliers of pecans. The ranch has also been used for growing winter wheat and grazing cattle. Three structures include the main home-residence, a caretaker’s farmhouse and a cabin perched on the river bluffs.
About a half-mile from the caretaker’s farmhouse lies a century-old cemetery with nine gravesites, including Rose E. Riggs. Her son, Lynn Riggs was the author of “Green Grows the Lilacs,” the novel which was later adapted into the famous musical, “Oklahoma!”
The cabin on the river bluffs was reconstructed on the site in the 1970s. It was originally the log cabin of Chief Journeycake. Reverend Charles Journeycake was the last tribal chief of the Native American tribe, the Delawares, and the grandfather of Roberta Campbell, who became Mrs. Eugene B. Lawson – the grandmother of Edward C. Lawson, Jr.
The historic Lawson River Ranch was sold at an auction held by Williams & Williams, the world’s premier real estate auction company, for more than the seller had originally anticipated. “This is another great testament to the value of real estate auctions,” said Dean Williams, president and CEO of Williams & Williams. “In this case, the Lawsons were not quite sure of the true value of this historic property. Through the power of an auction, a real market cash value for the property was established.”
“The family was delighted with the results of the auction,” said Bill Lawson. “Williams & Williams clearly made divestiture of the Ranch easy for the family while at the same time orchestrating a sale that made both buyers and sellers happy with the outcome. I would use W&W again.”
H.H. Dukes purchased a portion of the property. “We feel fortunate to acquire a piece of the Lawson Ranch at the Williams & Williams auction. We believe we realized a savings due to the opportunity of ‘quick closing.’ It was handled efficiently and quickly, and we’re looking forward to spending time on the property.”
For photographs of the Lawson River Ranch, please contact Michael Birnbaum, (678) 781-7220 or firstname.lastname@example.org. For a listing of real estate auctions held around the country, potential buyers can visit www.williamsauction.com. Williams & Williams recently unveiled their new “Online Only Auctions” platform where real estate investors can participate in auctions online through the comfort of their own home, and bid on real estate with the simple click of a mouse.
About Williams & Williams
Tulsa, Okla.-based Williams & Williams is a global auctioneer for all types of real estate. Separate sales divisions serve the corporate, mortgage banking, employee relocation and trust industries. The company also serves individual property owners through its Farm, Ranch and Premiere™ sales division.
The company focuses on increasing the net prices sellers realize while providing all buyers competitive bidding access in combined on location and online auctions. The company’s sales platform averages 35 days on market and 30 days to closing with less than a 2% fall out for all transactions. In the U.S., sales are held every month throughout all fifty sates.
Fees are generally due only upon a seller-approved sale and closing. The live on location auctions are open to the public and potential buyers register by showing a driver’s license. All known property features and issues are disclosed along with standardized terms. Buyers deposit 5-10% upon sale and receive a clear title at closing. For more information about the company visit www.williamsauction.com.