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Some sources refer to this purchase of preemptive rights as the "Phelps and Gorham purchase". On July 8, 1788, at the First Treaty of Buffalo Creek , Phelps and Gorham petitioned the Senecas to sell them the entire parcel, but the Senecas agreed to sell only the easternmost third of the tract, for $5000 and a perpetual annuity of $500 per year.
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.
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 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 ]
Iroquois lands circa 1720 A map showing the Phelps and Gorham Purchase, the Morris Reserve, and the Holland Purchase. Aboriginal title in New York refers to treaties, purchases, laws and litigation associated with land titles of aboriginal peoples of New York, in particular, to dispossession of those lands by actions of European Americans.
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 ...
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