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The Yazoo land scandal, Yazoo fraud, Yazoo land fraud, or Yazoo land controversy was a massive real-estate fraud perpetrated, in the mid-1790s, by Georgia governor George Mathews [ 1] and the Georgia General Assembly. Georgia politicians sold large tracts of territory in the Yazoo lands, in what are now portions of the present-day states of ...
The term statute of frauds comes from the Statute of Frauds, an act of the Parliament of England (29 Chas. 2 c. 3) passed in 1677 (authored by Lord Nottingham assisted by Sir Matthew Hale, Sir Francis North and Sir Leoline Jenkins [2] and passed by the Cavalier Parliament), the long title of which is: An Act for Prevention of Frauds and Perjuries.
Property law. The vast majority of states in the United States employ a system of recording legal instruments (otherwise known as deeds registration) that affect the title of real estate as the exclusive means for publicly documenting land titles and interests. The record title system differs significantly from land registration systems, such ...
1860s. Jacob Young, William Abrams, and Nancy Clem ran what author Wendy Gamber argues, in her book The Notorious Mrs. Clem: Murder and Money in the Gilded Age, was the first-ever Ponzi scheme. [ 1][ 2] In Munich, Germany, Adele Spitzeder founded the "Spitzedersche Privatbank" in 1869, promising an interest rate of 10 percent per month.
The Code of Alabama 1975 defines the legal use of the terms "town" and "city" based on population. A municipality with a population of 2,000 or more is a city, while less than 2,000 is a town. [ 4 ] For legislative purposes, municipalities are divided into eight classes based on the municipality's population, as certified by the 1970 federal ...
In 1935, the Federal Home Loan Bank Board (FHLBB) asked the Home Owners' Loan Corporation (HOLC) to look at 239 cities and create "residential security maps" to indicate the level of security for real-estate investments in each surveyed city. On the maps, the newest areas—those considered desirable for lending purposes—were outlined in ...
Michigan City is a city in LaPorte County, Indiana, United States. It had a population of 32,075 at the 2020 census. Located along Lake Michigan in the Michiana region, the city is about 45 miles (72 km) east of Chicago and is 40 miles (64 km) west of South Bend . Michigan City is noted for both its proximity to Indiana Dunes National Park and ...
The Supreme Court overturned the bribery conviction of a former Indiana mayor on Wednesday in an opinion that narrows the scope of public corruption law. The high court's 6-3 opinion along ...