What is ACTUAL CASH VALUE?

The fair or reasonable cash price for which the property could be sold in the market, in the ordinary course of business, and not at forced sale; the price it will bring in a fair market after reasonable efforts to find a purchaser who will give the highest price. Birmingham F. Ins. Co. v. Pul- ver, 126 111. 329. IS N. E. 804, 9 Am. St. Rep. 598; Mack v. Lancashire Ins. Co. ((‘. (‘.) 4 Fed. 59; Morgan’s L. & T. R. S. S. Co. v. Board of Reviewers, 41 La. Ann. 1156. 3 South. 507.

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