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Collection Reference Number GLC02437.05090
From Archive Folder The Henry Knox Papers [0101] July-August 1791 
Title Henry Jackson to Henry Knox reporting on the Maine lands around the Penobscot and Schoodie
Date 28 July 1791
Author Jackson, Henry (1747-1809)  
Recipient Knox, Henry  
Document Type Correspondence; Land transaction document
Content Description Encloses Phineas Bruce's report on the Maine lands around the Penobscot and Schoodie as well as the Kennebec Rivers (GLC02437.05087). After reading the report, Jackson says "I am decided to take one million in each situation." Has concluded the Mount Desert deal. The terms are: six pence per acre with four equal installments. One quarter of the full payment is due at the executing and delivery of the deeds, with the other quarters due 8, 16, and 24 months later. Bonds will be given for the last three payments. Says "this is a good bargain & will add much to the value & importance of the other purchase." Reports that its harbors are very good.
Subjects Revolutionary War General  Land Transaction  Finance  Waldo Patent  Geography and Natural History  Maritime  Contract  
People Jackson, Henry (1747-1809)  Knox, Henry (1750-1806)  
Place written Boston, Massachusetts
Theme Merchants & Commerce; Naval & Maritime
Sub-collection The Henry Knox Papers
Copyright The Gilder Lehrman Institute of American History
Module Settlement, Commerce, Revolution and Reform: 1493-1859