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The speculation era and the closing state line

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1835–1837 and the account closed

The speculation era's instrument for this town is paper: the extended plat of 15 March 1837, lithographed in New York with "a beautiful view of the town overlooking Terre Coupee prairie," prepared in numbers to circulate in the East and attract settlers — a townsite promoted nationally two years after its dedication, on the strength of the road, the prairie, and the coming railroad that did not arrive until 1851. The rest of the era's course for this ground is the ordinary one the record carries: government land taken up by 1836, a hotel and a store on the stage road, and the prairie's great holders assembling their acres — Reynolds, Clark, and Ranstead together holding 7,433 acres on Terre Coupee by 1880 in Chapman's account. The title account for the townsite closes in this state: tribal title in the Potawatomi Tribe; ceded by the second tract of the Treaty of 16 October 1826 (Royce Area 133); one quarter-section of section 34 reserved from the public course by the same treaty's schedule of scholar grants and located to Lazarus Bourissa in 1829; that quarter purchased from his children by Richard R. Carlisle and platted as New Carlisle on 15 August 1835; the residue of the township passing through the Crawfordsville land office in the entries of 1830–1836. Every instrument that could be suspected of taking this ground has been plotted against it from its own calls, and the roll of those that did not — Chicago 1821, Carey Mission 1828, the three treaties of October 1832 as takings, and Chicago 1833 — stands in the articles above with the calls that exclude them.

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Source: The speculation era and the closing state line, Moosed History by Project Moosed, https://history.projectmoosed.com/usa/midwest/indiana/new-carlisle/the-land/speculation-era-and-the-closing-state-line/