Salem Witchcraft, Volumes I and II eBook

This eBook from the Gutenberg Project consists of approximately 1,075 pages of information about Salem Witchcraft, Volumes I and II.

Salem Witchcraft, Volumes I and II eBook

This eBook from the Gutenberg Project consists of approximately 1,075 pages of information about Salem Witchcraft, Volumes I and II.
men, even if not possessed of capital, particularly if they could command an effective co-operation in the labor of their families, obtained possession of valuable landed estates.  The purchase-money was not required to be paid until the expiration of twenty-one years.  In the mean time, a moderate annual rent was fixed upon; seven pounds for each of the first twelve years, and ten pounds for each of the remaining nine years.  If, at the end of the time, the amount stipulated had not been paid, or Nurse should abandon the undertaking, the property was to relapse to Allen.  Disinterested and suitable men, whose appointment was provided for, were then to estimate the value added to the estate by Nurse during his occupancy, by the clearing of meadows or erection of buildings or other permanent improvements, and all of that value over and above one hundred and fifty pounds was to be paid to him.  If any part of the principal sum should be paid prior to the expiration of twenty-one years, a proportionate part of the farm was to be relieved of all obligation to Allen, vest absolutely in Nurse, and be disposable by him.  By these terms, Allen felt authorized to fix a very high price for the farm, it not being payable until the lapse of a long period of time.  If not paid at all, the property would come back to him, with one hundred and fifty pounds of value added to it.  It was not a bad bargain for him,—­a man of independent means derived from other sources, and so situated as not to be able to carry on the farm himself.  It was a good investment ahead.  To Nurse the terms were most favorable.  He did not have to pay down a dollar at the start.  The low rent required enabled him to apply almost the entire income from the farm to improvements that would make it more and more productive.  Before half the time had elapsed, a value was created competent to discharge the whole sum due to Allen.  His children severally had good farms within the bounds of the estate, were able to assume with ease their respective shares of the obligations of the purchase; and the property was thus fully secured within the allotted time.  Allen gave, at the beginning, a full deed, in the ordinary form, which was recorded in this county.  Nurse gave a duly executed bond, in which the foregoing conditions are carefully and clearly defined.  That was recorded in Suffolk County; and nothing, perhaps, was known in the neighborhood, at the time or ever after, of the terms of the transaction.  When the success of the enterprise was fully secured, Nurse conveyed to his children the larger half of the farm, reserving the homestead and a convenient amount of land in his own possession.  The plan of this division shows great fairness and judgment, and was entirely satisfactory to them all.  They were required, by the deeds he gave them, to maintain a roadway by which they could communicate with each other and with the old parental home.

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Salem Witchcraft, Volumes I and II from Project Gutenberg. Public domain.