Lynchburg Virginian. [volume] (Lynchburg [Va.]) 1829-185?, 1836-12-05
From thr Teras Telegraph.
u SPLENDID LAND SPECIFICATIONS ~

Such is the caption OF long article in The n. FORK
Herald about Texas aud the ever endless and ever
fertile source OF discussion and OF intercst-her
lands and the settlement OF them. With the per-
mission OF the Editor of that paper shall pa
giarize the said article, Tor really if we are 10 be-
eve all that has been written and said on the
system OF speculation pursued IN the L. States
by some companies and individuals, we are APP
prehcnsve that many innocent purchasers will
become sufferers by permitting themselves TO be
led away with lla,tcring and deusive statements of
an "El Dorado" in prescriptions OF "scrip" and in
the acquisition of lle-deeds, underlined and of
doubtful tenure.
1t Is now time that n career Of abuses common
cel Gnder weak and corrupt Mexican govern
ment si.o2ld be checked 4; and that the individuals
who are a.ifng rapid and immense fortunes by
deyiating from, ire spirit and tenor OF their original
contracts for coo.''zation in selling that which
they were authorized /. I'd cnJolncd to heslow grd-
lis, should learn to respoa' their express engage
mens and TO admit others t6 Tree participation
OF those rights of which the graotees alluded to are
only delegated administrators, and receive COM
pensation m PREMIUM-LANDs
These companies selling in Wall street, n.
York, scrip al various prices aud in various parcels,
as per following statement
The BIO Grandc. Go. ot which Sias NJ Still
".n and Isaac A. john. az, ,he trustee Its
shares are SOt--caeh Of 10000 acres, making
eight millions OF acres The grant is situated on
KIo Grande river, on the borders of Coaluila and
Texas; first cost To the Company, (tor the state
hare g,cen II away,) one per cent per acre & is now
selling AT cents per that is, the amount Of
hrst cost Is SlO0ooO at the selling pra il amount,
10 Sooo,ooo. Ii appears that an agent has been
SEM To Germany TO procure tenants for those
lands SO that II the settlement Of these extensive
grants OF Beales should prosper, may live to
see the west par. OF Texas, borders of Coaluil
and Texas, peopled with Europeans whilst the
population OF the eastern part will be composed
OF Anglo Americans. Fortunately the Germans
ana brush are also great lovers of political free
dom otherwise future collisions might take place
between them and the other settlers of Texas l.
IDENTIFY OF principle will in The course of time 10
doubt amalgama,e those Typographical neighbors !:
/ their interests will become common and we NAV
therefore confidently look TO mutual co-operation
ne Colorado company, OF which the trustees
are }. Il. ChId' and Joseph JeSsup passes next
under review. The original grant, TO j. e. Bealcs)
contained 10000 shares of 1000 acres, which pro-
baby cost halt "A cent, or 100000, and is now
selling Tor : l cents and is rapidly ADVANCING IN
/ price
The Galveston Bay company possesses about
10 millions of acres: the tracts are pu, IN in n,r.
Gels or "labors' of III acres each; or in leaou,x
/ OF i44o acres each. The trustees or maoapers are
Anthony Dey, George Curtis and VIM. II. Sum
ncr, Esq. This land now sells at 3 10 cents Der
acre.
The victory Of San Jatinlo has let loose the
Hood gates OF speculation in Texas lands and, as
we are informed, transactions are entered into of
doubtful Character For example: correspondent
writes to us o intelligence concerning the title 10
tract proposed IN the L. STATES for sale, being sit
ua'ed as follows 100 degrees ". Long. from
+ Greenirich and ,3 ,jco,res n LAT an IL. Iy
rado The surveyors ofTcxas would be at fault
IN searching piece OF land SO described
In making these rcmarks,we do not intend nucht
against spoculalons carried on fairly and acrcrn-
bly, TO contract; indeed, we rejoice to see that
what the Mexican nation viewed with NEGLECT and
indifference, is contemplated by independent
Texas with great interest. But, we deem il our
duty to warn the community at large against the
purchase OF uncertain and vague land titles