Summer - Chicago Chapter ASA

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AMERICAN SOCIETY OF APPRAISERS
Chicago Chapter #033 – Region 4
1-866-261-0272
Email: [email protected]
NEWSLETTER
September 2008
Once-in-a-lifetime opportunity Thurs. Oct
16th from 2 to 5 pm in Barrington Hills!
This is a program, which will appeal to all ASA disciplines. Suggested by one of our MTS members and
organized by a Personal Property member, this will
be a memorable afternoon for all. A joint-meeting of
the Chicago and Wisconsin Chapters, don’t miss this
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Opening Night
ASA Chicago Chapter President Tim Meinhart, ASA,
presents Treasurer and Public Relations Chairrman, Erin Hollis with this year’s ASA award for
“Best Public Relations.” The Chicago Chapter also
received the award for “Best Chapter” overall at the
International Conference in Minneapolis in early
August. At the International ASA Conference Chapter Members John Matthies, ASA (MTS) and Patricia
Atwood, AM (PP) served as Conference Discipline
Chairmen, and many Chicago Chapter members
were conference speakers.
Christy Skekloff, AM and Mike Crismyre, ASA, from
KPMG at the Opening Night dinner September 23rd.
Chicago Chapter officers
President
Vice President
Vice President (2)
Membership Chair
Secretary
Treasurer
Timothy J. Meinhart, ASA
Park R. Johnson, ASA
Michel M. St. Martin
Michael R. Crismyre, ASA
Patricia H. Atwood, AM
Erin Durand Hollis
Chicago ASA Members at
Steel Fabrication Equipment Auction
CNC Angle Punch/Shear Line generated a high bid of
$110,000.
The hoped for introduction into the industrial auction
world and the level of sophistication that industry has
reached, was evident to all ASA attendees.
October 16th Chapter Meeting in Barrington Hills
continued from page 1
unique event! Thursday afternoon will include a
private visit to the Barrington Hills country estate of Chicago business leader, Jasper Sanfilippo,
where we can tour his famous collection of mechanical musical instruments. Did you know that
there is an entire ASA discipline devoted to this type
of instrument? Come learn & earn CPE credits for
your attendance.
ASA members examine a Cincinnati mechanical
shear at MTS auctiion event on September 16, 2008.
Michael Ackerman of Perfection Plant Liquidations,
LLC invited all interested ASA Chicago Chapter
Members to attend the Auction of the Steel Fabricating Equipment of Jones and Brown Company, Inc. on
Thursday, September 16, 2008 in Addison, Illinois.
Chicago Members Patricia H. Atwood, AM, Chicago
Chapter Secretary, Kenneth Howard, ASA and Michael Ackerman, ASA, MTS Chapter Chair, attended.
The Auction was sold by Myron Bowling Auctioneers, a nationally known auction company in conjunction with PPL. The auction consisted of all of
the manufacturing equipment, trucks, trailers and
office equipment of the Jones and Brown Company,
with 1,300 individual lots sold. Members discussed
the preparation of the site for the auction, as well as
auction procedures and techniques. Members further
discussed the function and operation of the major machines and the potential auction selling price for each.
The auction was very successful and generated 25%
more revenue than expected. The controlled automation CNC Beam Cut-Off and Drill Line generated
a high bid of $355,000. The controlled automation
Thursday, October 16, 2008 from 2:00 to 5:00 PM,
followed by (included) dinner at La Strada Ristorante
located at 2380 Lakewood Blvd., Hoffman Estates.
The Sanfilippo “Place de la Musique” is a privately
owned mansion containing a voluminous assortment
of vintage items that translate modernization over
the past one hundred and fifty years. From its beautiful scenic grounds to its Tiffany chandeliers, vast
art glass collection, and spectacular European salon
carousel, Sanfilippo is sure to dazzle and intrigue.
The Estate holds one of the world’s largest restored
Wurlitzer theatre pipe organs as well as other unique
vintage musical instruments and several hundred phonographs. Additionally, there is an 1881 Grant Steam
Locomotive with a restored caboose, a 1890s Pullman
passenger car and a huge display of other restored
steam engines. The magnificent collection of arcade
and gambling machines, street and tower clocks, and
other functional mechanical antiques are all displayed
within a breathtaking French Second Empire setting.
EVENT FEE: The charge for this event is $25 for
ASA members and $35 for non-members. This fee includes tour of the house, demonstration of the theater
organ, visit to the carousel building, and dinner.
RSVP: Please RSVP by October 9th to
[email protected] or call 1-866-261-0272
Upon receipt of your rsvp you will be emailed or
faxed a map, address & directions to the Estate.