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Map of Phelps and Gorham Purchase 1802–1806. The Phelps and Gorham Purchase was the sale, in 1788, of a portion of a large tract of land in western New York State owned by the Seneca nation of the Iroquois Confederacy to a syndicate of land developers led by Oliver Phelps and Nathaniel Gorham.
By coincidence, the Preemption Line is near the meridian of the Capitol at Washington (77° 00' 33" W of Greenwich), but the popular assumption that the Preemption Line was intended to be on that meridian seems to be a myth, since the District of Columbia had not been surveyed at the time of the 1786 treaty; in fact Benjamin Ellicott helped map and survey the District of Columbia in 1791 ...
Phelps and Gorham were to pay $1,000,000 in three equal annual installments for this land, payable in certain Massachusetts securities that were then valued at 20 cents on the dollar. Under the terms of the purchase agreement, they took title only when they had extinguished the Indian title.
Phelps is a town in Ontario County, New York, United States. The population was 6,637 at the 2020 census. The population was 6,637 at the 2020 census. The Town of Phelps contains a village called Phelps . [ 3 ]
Oliver Phelps and Nathaniel Gorham then purchased the pre-emption right from Massachusetts, but failed to extinguish the Indian title to this tract and defaulted on their purchase in 1790. Robert Morris next purchased the pre-emption right from Massachusetts in 1791 for $333,333.34 (about $5.98 million today).
DON EMMERT/AFP via Getty ImagesThe 1970s introduced a plethora of toys that have evolved from childhood playthings to cherished collectibles that defined a generation. From action figures and ...
Print/export Download as PDF; Printable version; In other projects ... 1788 Phelps and Gorham purchased title to lands east from the Genesee River in New York to the ...
Go to any sports game—whether it’s a high school game or a pro one—and you’re bound to see athletes on the sidelines drinking Gatorade. It’s likely a staple at your local gym too. A ...