In the year of 1795, one of Georgia'a major political scandals took place, the Yazoo land fraud. Their was a dispute that dealt with Georgia legislatures granting 35 acres of state land around the Yazoo River, which is Mississippi and Alabama today, to four private land companies for a bargain price of 1.5 cents per acre of a modest amount of 500,000 dollars. This land was originally the land of the Cherokees, Creeks and other Native Americans and the land speculators believed that if they could persuade them to leave, Georgia's could expand their land and Georgia's population grow and ultimately gain enormous profits to those who sold the tract. In 1789-1795, the land speculators formed companies and bought these lands at such a cheap price by bribing Georgia politicians with money and land in exchange for their support. Politicians such as James Gunn and James Jackson are known for receiving bribes and helping them the company owners to easily buy the land for such a cheap price. The 1796 rescinding act took away ownership of this land from previous owners of the land and even buyers of the land from the original grantees.
John Peck, a resident in Massachusetts, purchased land in 1800 that was part of the 1795 grant and sold 13,000 acres of it to Robert Fletcher for a sum of 3,000 dollars. Peck had owned the land for three years and it had gone through many owners before Peck had purchased it. When Robert Fletcher was given the land he was promised that it was legal. Fletcher later discovered that that was not the case and the land had been voided by state law. Peck was then sued by Fletcher for damages because he believed he was guilty of breach of covenant because the land was not legally his property to sell. Also Fletcher claimed that the land Peck lied to him when he said that the land had a good title.
McBride, Alex. "Fletcher v. Peck (1810)." PBS. PBS, n.d. Web. 14 Dec. 2014.
"Fletcher v. Peck." West's Encyclopedia of American Law. 2005. Encyclopedia.com. 14 Dec. 2014<http://www.encyclopedia.com>.
John Peck, a resident in Massachusetts, purchased land in 1800 that was part of the 1795 grant and sold 13,000 acres of it to Robert Fletcher for a sum of 3,000 dollars. Peck had owned the land for three years and it had gone through many owners before Peck had purchased it. When Robert Fletcher was given the land he was promised that it was legal. Fletcher later discovered that that was not the case and the land had been voided by state law. Peck was then sued by Fletcher for damages because he believed he was guilty of breach of covenant because the land was not legally his property to sell. Also Fletcher claimed that the land Peck lied to him when he said that the land had a good title.
McBride, Alex. "Fletcher v. Peck (1810)." PBS. PBS, n.d. Web. 14 Dec. 2014.
"Fletcher v. Peck." West's Encyclopedia of American Law. 2005. Encyclopedia.com. 14 Dec. 2014<http://www.encyclopedia.com>.