Copy of a Letter to Mch 10— 1842
I received yours dated Feby 7th. a few days since and have ascertained that Mr has written to Mr Thomas W. Ivins instructing him to Deed the Land specified in your Letter according to contract which Letter might not have had time to reach Mr Ivins previous to you writing on the 7th.
<1st.> I have received a proposition to exchange Lands from Mr. John M. Crane of Pleasant Hill Montgomery Co, I[ndian]a. which I take the liberty to lay before you in his own words.
“I now proceed to give a description of my real estate; First, the property where I now live in this place; one lot with two dwellings, both two Story buildings, a frame Smithing Shop, good Stabling, a good well of water and ten acres of Land with Timber and fine wood for the use of this property. The above stated property is worth $700.oo. I have also 160 Acres of Land one mile East of this place with a good hewed Log dwelling, good Stabling, about 60 acres of cleared Land, good fencing, two wells of good water, and plenty of stock water. I bought of a man who mortgaged it to the State funds of Ia or the nine per cent fund for $500.oo and I gave him $650.oo for his right and pay out the Mortgage when due, which will be on the first of July 1843. I will take the amount I paid for it and give a Deed subject to the Mortgage. I have 1 Lot in Newton, Fountain Co, For five miles from this place with a good Frame Barn on it lying in the heart of the Town. I will take $350.00 for it. I have also 1 half acre of Town Lot in Dublin Wayne Co Ia, on the National Road east of Indianopolis that I will take $350.oo for [p. 230]