Jefferson & Madison Grant Land to a Soldier of the Revolutionary War. Fantastic Document, Boldly Signed by the Two Founding Fathers.

DS, Washington D.C., dated October 23, 1806, "...That John John... having deposited in the treasury a certificate of the Register of the Land Office at Cincinnati, whereby it appears that full payment has been made for the lot or section of land number one, of township number two in the seventh range." 9.5" x 16.25". With filing notes on verso, expected folds, toning, foxing with seal intact, boldly signed by Thomas Jefferson and James Madison.

The Land Act of 1796 sought to encourage settlement in the Northwest Territory by allowing for the purchase of lands in that region. The minimum purchase allowed by the Act was 640 acres, and the minimum price per acre was set at $2. Only a small amount of land was sold under this act before Congress lowered the minimum acreage to 320 in 1800 and permitted the buyer, after a cash payment of one-half the value, to pay one-fourth the value in two years and the final fourth in four years. A law of 1804 further lowered the minimum purchase to 160 acres. The actual prices paid by many settlers were undoubtedly less than this list price, because military veterans were often paid in land warrants to help them buy land at a discount.

The warrants for Revolutionary War service were issued under acts passed in 1788, 1803, and 1806. The 1788 act gave free land in the public domain to officers and soldiers who served during the Revolutionary War. The law provided a scale, so that a private or noncommissioned officer would be entitled to 100 acres of bounty land, while a brigadier general received 850 acres. A 4,000 square mile tract was located in the Northwest Territory and was set aside for these land warrants. This area came to be known as the U.S. Military District of Ohio. Originally the lands in this district were to be distributed by January 1, 1800, however additional time was needed to grant warrants to soldiers with late applications or uncompleted claims. Congress passed the act of 1803, which was later amended by the act of 1806, to extend the time limit.

This item comes with a Certificate from John Reznikoff, a premier authenticator for both major 3rd party authentication services, PSA and JSA (James Spence Authentications), as well as numerous auction houses.

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