In the deed I am exploring today, I see the 60 acres purchased by Edward Jr. is now being sold to Phineas Ash of Lyman. This transfer takes place less than a year after Junior acquired the property. Phineas Ash will appear in other Marden deeds as well.
What does this deed tell me?
- the deed is dated 13-Jan-1821
- the deed is recorded 27-Jan-1821
- Edward Marden Jr. is living in Lyman
- Edward Jr. is a farmer
- the land is sold for $300
- the land is purchased by Phineas Ash, farmer of Concord (Lisbon)
- the land is described as 60 acres from Lot #66
- Edward Jr. owned the land “free and clear”
- Elizabeth Marden releases her “right of dower”
The 60 acres of land in Lyman purchased by Edward Jr. for $54 in 1820 is now being sold for $300. A very nice profit in a year’s time. It does leave me wondering if this is yet another planned transaction in a community effort to help an old veteran live out his remaining years. Just because the deed says Phineas Ash paid $300 does not guarantee Edward Jr. really received that much money.
There are still a few more deeds to explore and I certainly hope I can get some legal advice after they are all posted.
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