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Alexander Macomb, William Constable, and Daniel McCormick agreed to purchase nearly 4,000,000 acres (1,600,000 ha) from the state at the extremely low price of 8 pence (New York state money) per acre. [1] [2] This was an enormous amount of land, about one-eighth of the entire state of New York. Convinced something illegal must have occurred ...
A 2005 image of 40 Wall Street, one of four Manhattan buildings purchased by the Marcoses in the early 1980s. The overseas landholdings of the Marcos family, which the Philippine government [1] [2] and the United Nations System's Stolen Asset Recovery Initiative [3] consider part of the $5 billion to $13 billion "ill-gotten wealth" of Ferdinand and Imelda Marcos, are said to be distributed ...
In 1788, following the United States victory in the American Revolutionary War, Oliver Phelps and Nathaniel Gorham purchased all of Massachusetts's preemptive right to land in Western New York, some 6,000,000 acres (24,000 km 2; 9,400 sq mi) (the "Phelps and Gorham Purchase").
In 1839, the last land in Western New York was sold off to local investors and settlers, and the Batavia office was closed. [2] Land sales in Pennsylvania were concluded in 1849, [7] and in 1856, the Philadelphia headquarters closed. [2] The company was formally dissolved in 1858. The town of Holland, New York was named after the company. [29]
New York is the source of several landmark decisions concerning aboriginal title including Oneida I (1974), "first of the modern-day [Native American land] claim cases to be filed in federal court," [3] and Oneida II (1985), "the first native land claim case won on the basis of the Nonintercourse Act."
In 1938 the property, reported to be the smallest plot in New York City, was sold to the adjacent Village Cigars store (United Cigars at that time) for US$100 (equivalent to $2,165 in 2023). [8] Later, Yeshiva University came to own the property, including the Hess Triangle, and in October 1995 [ 9 ] it was sold by Yeshiva to 70 Christopher ...
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