p. 63

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EricRoscoe at Jul 02, 2022 11:19 PM

p. 63

Canal Lands

In July 1839 a sale of Canal Lands was held at Milwaukee at which forty three thousand four hundred and forty seven acres were sold to the occupants of the land at the minimum price of two dollars and fifty cents per acre, upon the following terms; one tenth of the purchase money was paid at the time of the sale; one fourth of the remainder to be paid within five years, one fourth within six years, one fourth within seven years and one fourth within eight years, with interest after the twentey second day of June 1840 at the rate of seven per centum payable semi-annually. The amount of money received at this sale was twelve thousand three hundred seventy seven dollars and twenty seven cents.

[These] The purchasers at this sale feeling the unjustness of being compelled to pay double price for their lands have induced the Legislature to remit the interest due; to repeal all laws authorizing [the] further sales; [of lands] and even to decline having any thing

p. 63

Canal Lands

In July 1839 a sale of Canal Lands was held at Milwaukee at which forty three thousand four hundred and forty seven acres were sold to the occupants of the land at the minimum price of two dollars and fifty cents per acre, upon the following terms; one tenth of the purchase money was paid at the time of the sale; one fourth of the remainder to be paid within five years, one fourth within six years, one fourth within seven years and one fourth within eight years, with interest after the twentey second day of June 1840 at the rate of seven per centum payable semi-annually. The amount of money received at this sale was twelve thousand three hundred seventy seven dollars and twenty seven cents.

[These] The purchasers at this sale feeling the unjustness of being compelled to pay double price for their lands have induced the Legislature to remit the interest due; to repeal all laws authorizing [the] further sales; [of lands] and even to decline having any thing