Staunton vindicator. [volume] (Staunton, Va.) 1860-1896, 1889-12-06
LARGE LAND SALES.

LARGE LAND SALES.
SALE OF THE DOUTHAT SURVEY, Fol
$500, 0OO-sALE OF A Al ,000-ACRE TRAC1
IN BATH, HIGHLAND AND AUGUSTA
SALE OF THE LAIRD FARM TO AN
ENGLISH SYNDICATE.
&C, &C., &C.
/ The land transactions in this section il
the last two weeks have been large, and tn
sales have been made to parties likely tt
develop them. The largest sale is that o
the Douthat Survey. Our correspondent
IT. G. NJ writing from Covington, Al
leghany, Oh Wednesday last, gives this &C
count of it: 1.-The particulars of the sal
last week of the big Douthat survey whicl
was finally closed, by the recording in tn
Clerk s Office here to-day of the deeds, ar
| interesting. The Douthat survey comprise
102, 900 acres situated in Allegheny ant
Bath counties and $500 acres of this was
sold to Peter McLaren, a millionaire Of
Perth, Ontario, Canada, for $4,000 Th'
cash payment was 800, OOO-the remainder
in one, two and three years, with the priv
ilege of anticipating the payments.
Mess rs. r. L. Parrish of COvingtOn an(
Sheffey & Bumgardner of Staunton, have
had the Douthat survey matter in hand fol
fourteen years, during which time they
brought forty suits in perfecting the title
all of which they gained. Each of the two
law firms have a one thirtieth interest ii
the property.
The property was granted to Robert
Douthat by the Commonwealth of Virginia
in 1875, and at the time of the sale was held
by Samuel T. Altemus and Mathew Semple
of Philadelphia, trustees.
The attention of the Canada millionaire
was directed to the property by MI. Harry
Merry of Lowmoor, himself Il well-pOsted
and experienced iron man, and on the 25tf
ult. Mr.. Merry came with Nh. McLaren
who brought Canada lawyer with him
here to see Mr.. Parrish. He told MI. Z
he would give him his price if the title was
good, whereupon MI. Parrish produced &
mass of papers for the Canada lawyer to ex
anime, but that gentleman not being familiar
with Virginia law, &C., hesitated to pro
nounce an opinion. MI. McLaren then tele
graphed to Mr.. VIM. Patrick, the wellknOwI
lawyer of StauntOn to come here at once
which he did, and after careful examination
of the records and papers, pronounced the
title of many titles without flaw. The
Canadian was then ready for the trade and
Mr.. Parrish telegraphed to Mr.. Semple il
Philadelphia to come on and conclude it
but MI. Semple was sick and could not
travel and wired the whole party to come tc
Philadelphia. They went at once, reaching
there Oh Tuesday the Goth, and by Thursday
the great sale was concluded and MI. Nc
Laren handed over his check for 500, 900 Oh
the New York Agency Of the Bank Of
Montreal.
On Thursday, the Sd of December, Mr.
Parrish received a telegram from Philadel
phia advising him that the big check ha(
been cashed, and instructing him to recor(
the deed, which Clerk j. J. Hobbs did Oh
yesterday.
Thus has passed into new hands one Of
the most valuable properties in the State
MI McLaren will not allow this large
amount OF. capital to lie idle. The land con
tains inexhaustible deposits of iron and {
wealth of fine lumber, and it will not be
long before great activity in the iron ant
lumber interests may be expected in this
section, and COvington is looking for hel
| boom in tho noar f1t1lra -
MI. McLaren is the same gentleman who
recently bought the Ferrol iron property
for $4,000. He now has 1876, 900 invested
in this section.
General Critcher, of Washington city
sold last Saturday, as agent for the owners
a body of forty-one thousand acres Of Woo
and mountain land lying in the counties O.
Bath, Highland and Augusta, il
this State, belonging to J. A. Baker, O.
Washington city and Messrs Sessions
Wiley, of New York, to an Alexander;
syndicate, composed of r. J. Thomas, L
G. Barley, Mrs. V. A. Bull and JOIN
Critcher, Jr., who, it is reported, hav'
already been offered an advance of twenty
odd thousand dollars on their purchase.
The J. E. Laird farm, of $50 acres OIL
North river, at the junction of the Rich
mond & Allegheny and Shenandoah Vale,
Railroad, adjoining Buena Vista, is sole
to an English syndicate, of which Lore
Henry Bruce, M: P, London, Eng, il
chairman. The syndicate paid $50, OOl
down. 1t was organized and registered il
London with paid up capital Of $l75,Ooo
which will be increased,
Capt. James Bumgardner. Jr., surviving
partner of the law firm of Sheffey g. Bum
gardner, has just sold to G. P. Door oil
Webster Co., w. Va, 2,700 acres Of lane
belonging to the late firm, for S., 100. The
land originally cost them so cents an acre
Deaths.