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NOTES (a) This tract for the size of it is valuable, more for its situation than the quality of its soil, though that is good for Farming; with a considerable portion of grd. that might, very easily, be improved into Meadow. It lyes on the great road from the City of Washington, Alexandria & Georgetown to Leesburgh & Winchester; at Difficult bridge, nineteen miles from Alexandria, less from the city and George Town, and not more than three from Matildaville, at the Great Falls of Potomac.

There is a valuable seat on the Premises, and the whole is conditionally sold, for the sum annexed in the Schedule.

(b) What the selling prices of lands in the vicinity of these two tracts are, I know not; but compared with those above the ridge, and others below them, the value annexed will appear moderate, a less one would not obtain them from me.

(c) The surrounding land, not superior in soil, situation or properties of any sort, sell currently at from twenty to thirty dollars an Acre. The lowest price is affixed to these.

(d) The observations made in the last note applies equally to this tract; being in the vicinity of them, and of similar quality, altho' it lyes in another County.

(e) This tract, though small, is extremely valuable. It lyes on Potomac River about 12 miles above the Town of Bath (or Warm Springs) and is in the shape of a horse Shoe; the river running almost around it. Two hundred Acres of it is rich low grounds; with a great abundance of the largest and finest Walnut trees; which, with the produce of the Soil, might, (by means of the improved navigation of the Potomac) be brought to a shipping port with more ease, and at a smaller expence, than that which is transported 30 miles only by land.

(f) This tract is of second rate Gloucester low grounds. It has no improvements thereon, but lyes on navigable water, abounding in Fish and Oysters. It was received in payment of a debt (carrying interest) and valued in the year 1789 by an impartial Gentleman at 800. N B. It has lately been sold, and there is due thereon, a balance equal to what is annexed the Schedule.

(g) These 373 acres are the third part of undivided purchases made by the deceased Fielding Lewis Thomas Walker and myself; on full conviction that they would become valuable. The land lyes on the road from Suffolk to Norfolk; touches (if I am not mistaken) some part of the Navigable water of Nansemond River; borders on, and comprehends part of the Rich Dismal Swamp; is capable of great improvement; and from its situation must become extremely valuable.

(h) This an undivided Interest wch. I held in the Great Dismal Swamp Company; containing about 4000 acres, with my part of the Plantation & Stock thereon belonging to the company in the sd Swamp.

(i) These several tracts of land are of the first quality on the Ohio River, in the parts where they are situated; being almost if not altogether River bottoms.

The smallest of these tracts is actually sold at ten dollars an acre but the consideration therefor not received; the rest are equally valuable and will sell as high, especially that which lyes just below the little Kenhawa and is opposite to a thick settlement on the West side the Rivr.

The four tracts have an aggregate breadth upon the River of Sixteen miles and is bounded thereby that distance.

(k) These tracts are situated on the Great Kenhawa River, and the first four are bounded thereby for more than forty miles. It is acknowledged by all who have seen them (and of the tract containing 10990 acres which I have been on myself, I can assert) that there is no richer, or more valuable land in all that Region; They are conditionally sold for the sum mentioned in the Schedule; that is $200,000 & if the terms of that sale are not complied with they will command considerably more. The tract of which the 125 acres is a moiety, was taken up by General Andrew Lewis and myself for, & on account of a bituminous Spring which it contains, of so inflammable a nature as to burn as freely as spirits, and is as nearly difficult to extinguish.

(l) I am but little acquainted with this land, although I have once been on it. It was received (many years since) in discharge of a debt due to me from Daniel Jenifer Adams at the value annexed thereto & must be worth more. It is very level, lyes near the River Potomac

(m) This tract lyes about 30 miles above the City of Washington, not far from Kittoctan. It is good farming Land, and by those who are well acquainted with it I am informed that it would sell at twelve or $15 pr. acre.

(n) This land is valuable on account of its local situation & other properties. It affords an exceeding good stand on Braddock's road from Fort Cumberland to Pittsburgh, and besides a fertile soil, possesses a large quantity of natural Meadow, fit for the scythe. It is distinguished by the appellation of the Great Meadows, where the first action with the French in the year 1754 was fought.

(o) This is the moiety of about 2000 Acs. which remains unsold of 6071 Acres on the Mohawk River (Montgomery Cty) in a Patent granted to Daniel Coxe in the Township of Coxeborough & Carolana, as will appear by Deed from Marinus Willett & wife to Geo. Clinton (late Governor of New York) and myself. The latter sales have been at Six dollars an acr; and what remains unsold will fetch that or more

(p) The quality of these lands and their Situation, may be known by the Surveyors Certificates, which are filed along with the Patents. They lye in the vicinity of Cincinnati; one tract near the mouth of the little Miami, another seven and the third ten miles up the same. I have been informed that they will readily command more than they are estimated at.

(q) For the description of these tracts in detail, see General Spotswoods letters, filed with the other papers relating to them. Beside the General good quality of the Land, there is a valuable Bank of Iron Ore thereon: which, when the settlement becomes more populous (and settlers are moving that way very fast) will be found very valuable; as the rough Creek, a branch of Green River affords ample water for Furnaces and forges.

Lots, viz.:


(r) The two lots near the Capital, in square 634, cost me $963 only; but in this price I was favoured, on condition that I should build two Brick houses three Story high each: without this reduction the selling prices of those Lots would have cost me about $1350. These lots, with the buildings thereon, when completed will stand me in $15000 at least.

(s) Lots No. 5, 12, 13 & 14, on the Eastern branch, are advantageously situated on the water, & although many lots much less convenient have sold a great deal higher I will rate these at 12 Cts. the square foot only.


(t) For this lot, though unimproved, I have refused $3500. It has since been laid off into proper sized lots for building on; three or 4 of which are let on ground Rent, forever, at three dollars a foot on the Street. and this price is asked for both fronts on Pitt & Princes Street.


(u) As neither the lot in the Town or Common have any improvements on them, it is not easy to fix a price, but as both are well situated, it is presumed the price annexed to them in the Schedule is a reasonable value.


(w) The lots in Bath (two adjoining) cost me, to the best of my recollection, between fifty and sixty pounds 20 years ago; and the buildings thereon 150 more. Whether property there has increased or decreased in its value, and in what condition the houses are, I am ignorant. but suppose they are not valued too high.

(x) These are the sums which are actually funded. And though no more in the aggregate than $7,566; stand me in at least ten thousand pounds Virginia money. being the amount of bonded and other debts due to me, and discharged during the War when money had depreciated in that ratio, and was so settled by public authority.

(y) The value annexed to these shares is what they actually cost me and is the price affixed by Law: & although the present settling price is under par, my advice to the Legatees (for whose benefit they are intended, especially those who can afford to lye out of the money) is that each should take and hold one; there being a moral certainty of a great & increasing profit arising from them in the course of a few years.

(z) It is supposed that the Shares in the James River Company must also be productive. But of this I can give no decided opinion for want of more accurate information

(j) These are the nominal prices of the Shares of the Banks of Alexandria and Columbia, the selling prices vary according to circumstances. But as the Stock usually divide from eight to ten per cent per annum, they must be worth the former, at least, so long as the Banks are conceived to be Secure, though from circumstances may, sometimes be below it.

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