Estate of the North American Land Co.
Supreme Court of Pennsylvania
Sur exceptions to the special report, under the order of the Supreme Court, of John M. Collins, Esq., auditor, appointed by the Court of Common Pleas to distribute the balance appearing on the second account of James Dundas, surviving trustee of the North American Land Company (Halsey’s Appeal), No. 281, to January Term 281. Robert Morris, John Nicholson and James Greenleaf, being owners of 6,000,000 acres of land in different states of the Union, projected the North…
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Sur exceptions to the special report, under the order of the Supreme Court, of John M. Collins, Esq., auditor, appointed by the Court of Common Pleas to distribute the balance appearing on the second account of James Dundas, surviving trustee of the North American Land Company (Halsey’s Appeal), No. 281, to January Term 281. Robert Morris, John Nicholson and James Greenleaf, being owners of 6,000,000 acres of land in different states of the Union, projected the North American Land Company, which was formed on the 20th day of February 1795 by articles of agreement dated that day, “ by and…
1Opinion of the Court
The opinion of the court was delivered, by
Siiarswood, J.
— Every generation seems to have some special bubble. That of- the latter part of the last century was speculation in wild lands. It danced and glittered in the sunbeam for a brief existence and then burst. Out of this excitement grew the North American Land Company. The originators of it had gone very largely into the taking up of unappropriated lands, and the company was a scheme evidently to enable them to dispose of them to advantage. They were the owners severally or otherwise of six millions of acres situate in different states of…
2Cited by1 opinion
- Mann v. Mt. Union Tanning & Extract Co.District Court, M.D. Pennsylvania · 1920