The title to “Soscol,” before its rejection by the United States Supreme Court, was considered the very best in all California.  All the really valuable agricultural land in California was held under Mexican grants, and, as a consequence, all had to pass the ordeal of the Land Commission.

From 1853 to about 1860 very few had been finally passed upon by the courts, so that during that time the question for the farmer to decide was not what title is perfect, but what title is most likely to prove so by the final judgment of the Supreme Court.

Amongst the very best, in the opinion of the public, stood “Soscol.”

One conclusive, unanswerable proof of that fact is this, that there was not a single settler on the grant at the time it was rejected.  Not one person on it, except in subordination to the Vallejo title.  Every resident on the whole tract held his land by purchase from Vallejo, or his assigns, and held just precisely the land so purchased, and not one acre more or less.  This fact was not even disputed during the whole eight months of investigation through which we have just passed.  It is a notorious fact that of the grants in California which have stood the test of the Supreme Court, very many have been entirely in the possession of squatters, and all with more or less of such possessions, and the final patent has alone succeeded in recovering the long-lost possession to the grantholder.  There were no settlers on the “Soscol.”  The people had the most perfect confidence in the title.  It had been twice confirmed by tribunals of high authority and great learning—­first by the United States Land Commission, and then by the District Court of the United States.

It only wanted the final confirmation by the Supreme Court, and none doubted that it would follow of course.  Business could not, and would not, await the nine years consumed in adjudicating this title.  Farmers were obliged to have lands, and they bought them.  Capital must and would seek investment, and it was lent on mortgage.  When all titles required the same confirmatory decree, the citizen could not discriminate, but exercised his best judgment.

The sales of lands upon the “Soscol” were made at prices which called for perfect title; they brought the full improved value of the land.  Money was lent on mortgage in the same way.

The deeds and mortgages, which accompany the respective cases, are the very best evidence of the opinion the public entertained of the character of the Soscol grant title.  The people were amazed when it was announced that the Soscol grant had been rejected.

No fact developed by this examination has appeared so surprising to the mind of the register and receiver as that there were no pre-emption settlers on the “Soscol.”  This is so unusual in California that we expected to find the contrary.  There was no possession on the tract adverse to the grant title.