November 27, 1852
1 min read
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The great sale of land at San Antonio was to take place on the 8th inst. The Ledger of the 20th ult. says :—” Fifteen thousand acres of land within the town precincts will be exposed at auction. It may surprise many at a distance how we own such valuable property. Over one hundred years ago, by legal enactment, the town proper secured an area ot about forty thousand acres. The late Supreme Court quieted the title! to this tract by vesting in the city. The survey ranges the lots from a single acre to one hundred, aeeording to the position of the land. The-terms of the sale are particularly favorable, being one-fitth cash, and fifty years' credit on the balance, with the payment of eight per cent. interest. The inducements for investments are overpowering.
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