Autobiography of a Pocket-Handkerchief by James Fenimore Cooper
page 89 of 192 (46%)
page 89 of 192 (46%)
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Mr. Henry Half acre was a speculator in town-lots--a profession that
was, just then, in high repute in the city of New York. For farms, and all the more vulgar aspects of real estate, he had a sovereign contempt; but offer him a bit of land that could be measured by feet and inches, and he was your man. Mr. Halfacre inherited nothing; but he was a man of what are called energy and enterprise. In other words, he had a spirit for running in debt, and never shrunk from jeoparding property that, in truth, belonged to his creditors. The very morning that his eldest child, Eudosia, made her valuable acquisition, in my person, Henry Halfacre, Esq., was the owner of several hundred lots on the island of Manhattan; of one hundred and twenty-three in the city of Brooklyn; of nearly as many in Williamsburg; of large undivided interests in Milwaukie, Chicago, Rock River, Moonville, and other similar places; besides owning a considerable part of a place called Coney Island. In a word, the landed estate of Henry Halfacre, Esq., "inventoried," as he expressed it, just two millions, six hundred and twelve thousand dollars; a handsome sum, it must be confessed, for a man who, when he began his beneficent and energetic career in this branch of business, was just twenty-three thousand, four hundred and seventeen dollars worse than nothing. It is true, that there was some drawback on all this prosperity; Mr. Halfacre's bonds, notes, mortgages, and other liabilities, making a sum total that amounted to the odd six hundred thousand dollars; this still left him, however, a handsome paper balance of two millions. Notwithstanding the amount of his "bills payable," Mr. Halfacre considered himself a very prudent man: first, because he insisted on having no book debts; second, because he always took another man's paper for a larger amount than he had given of his own, for any specific lot or lots; thirdly, and lastly, because he was careful to "extend himself," at the risk of other persons. There is no question, had all his lots been |
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