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The family of Donald Ray Horton, founder of home-building giant D.R. Horton, is selling their sprawling 500,000-acre ranch in New Mexico for $142 million. The Great Western Ranch, near Quemado ...
The Preemption Act of 1841 allowed settlers to claim up to 160 acres of federal land for themselves and prevent its sale to others including large landowners or corporations; they paid only a low fixed price of $1.25 per acre ($3.09 per hectare). [13]
Two single-family homes occupied by a farmer and his daughter used to sit on the land, along with hundreds of acres of farmland. ... Developers for Easton Grey, a 500-acre, $500 million ...
After buying the land from the state of Massachusetts in early 1790, Morris almost immediately resold 12,000,000 acres (49,000 km 2; 19,000 sq mi) (Error: Total land in New York State west of the Pre-emption line is only about 6 million acres.) through his London agent William Temple Franklin to the Pulteney Associates, led by Sir William ...
After he died in 1789, responsibility for surveying was transferred to the Surveyor General. Land was to be systematically surveyed into square townships, 6 mi (9.7 km) on a side, each divided into thirty-six sections of 1 sq mi (2.6 km 2) or 640 acres (260 ha). These sections could then be subdivided for re-sale by settlers and land speculators.
Here's what to know about the plan to convert nearly 500 acres in Pike Township that once held Canton's wastewater plant into a county park.
But to encourage more sales and make them more affordable, Congress also reduced both the minimum price (from $2.00 to $1.25 (equivalent to $27 in 2023 [1]) per acre ($495 to $309/km 2)) and the minimum size of a standard tract (from 160 to 80 acres (647,000 to 324,000 m 2)). The minimum full payment now amounted to $100, rather than $320. [2]
To achieve this, he personally purchased two huge tracts of land, totaling around 4,000 acres. He sold the land to the county at cost to create North and South Parks. Although some were skeptical at first, the public quickly came to love the "people's country clubs," and the County soon acquired another 500 acres.