Sketches of the Early History of Real Estate in St Paul
Sketches of the Early History of Real Estate in St Paul
Henry Shields Fairchild
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Wilkinson). We are now entering upon an eventful year, 1849, when wide areas are platted as St. Paul, and its various additions ; and the people are full of expectance. Goodhue in the Minnesota Pioneer, just established, is urging the immediate construction of a railroad from St. Louis via St. Paul, to the Red river, and another from the Gulf of Mexico via St. Paul to Hudson bay. In most curious juxtaposition with this article, is another editorial felicitating the 800 citizens of St. Paul on t...he fact that a pump has now been put in a well in the lower town, so that our citizens hereafter will not be dependent upon river water. As their little "shoe-box postoffice" is to our present magnificent postoffice, so is this pump to our present magnificent water system. On October 25, 1849, H. M. Rice sold to Lyman Dayton a one-third interest in the northeast quarter of section i, township 28, range 23, now Dayton and Irvine's addition, for $4, 000. Rice bought it one year before for $500, so that he made 700 per cent profit; and yet what a splendid purchase for Dayton!
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