Home / Scharf, J. Thomas, ed. History of Westchester County, New York, including Morrisania, Kings Bridge, and West Farms, which have been annexed to New York City, Vol. I. Philadelphia: L.E. Preston & Co., 1886. / Passage

History of Westchester County, New York, Vol. I

Scharf, J. Thomas, ed. History of Westchester County, New York, including Morrisania, Kings Bridge, and West Farms, which have been annexed to New York City, Vol. I. Philadelphia: L.E. Preston & Co., 1886. 357 words

Hence the entire value in money of the 75,000 acres and upwards, in 1733, when the division among the heirs took place, was only $25.0(52, or about $2,500 per share ; and as the shares averaged 7000 acres each, it is seen at once how extremely low was the value of land j)er acre in New York and in Westchester County at that time.

This valuation also is evidence of the good sense and sound judgment of Mrs. Steplianus van Cortlandt, the sole executrix of her husband's will, and of Wil-

'Tliis HuiiiiiMt is ."ill acres less tliiiii the tiiliil acreagu of the same lots |(7.i,!iH.'i ai'res) in Vi r|i|aiU'k's survey, printed above. As the MS. from which tliis last statement is taken is a roiiph one antl unsigned, it is probable that its author made this error, and that the survey is correct.

liam Nicolls, Jacobus van Cortlandt, and lirandt Schuyler, his relatives and her advisers under the same, in deciding to hold, and not divide U[», the Manor, soon after Mr. van Cortlandt's death. It likewise proves conclusively the little actual value, the enormous New York Manors and Great Patents really had at the period they were erected and granted.

When the. Manor was divided into townships by the Act of 1788, there were carved out of it four entire Townships, ' Cortlandt,' ' Yorktown,' ' Ste]>hentown,' (now changed to 'Somers'), 'Salem,' and about one-third of a lil'lli, ' i'oundridge.' ' Salem was subsetpiently in 1790 divided, into 'North Salem' and ' South Salem,' the name of the latter being changed in 1840 to Lewisborough. So that five of the old townshijis and about a third of a sixth, were Ibrmcd out of the Manor of Cortlandt. The following tabular statements of the valuation of the land in these live and one-third townships, in 1829 and in 1875, the* former about a century and the latter about a century and a half, after the valuation of the Manor as a whole in 1732-33 above given, show in the most striking manner the tremendous increase in value of the Manor between the time of its division