Matches in DBpedia 2014 for { ?s ?p The Yazoo land scandal, Yazoo fraud, Yazoo land fraud, or Yazoo land controversy was a massive fraud perpetrated from in the mid-1790s by several Georgia governors and the state legislature. They sold large tracts of land in the Yazoo lands, what is now portions of Alabama and Mississippi, to political insiders at very low prices in 1794. Although the law enabling the sales was overturned by reformers the following year, its ability to do so was challenged in the courts, eventually reaching the US Supreme Court. In the landmark decision in Fletcher v. Peck (1810), the Court ruled that the contracts were binding and the state could not retroactively invalidate the earlier land sales. It was one of the first times the Court had overturned state law, and it justified many claims for the land.Some of the lands sold by the state in 1794 had been shortly thereafter resold to innocent third parties, greatly complicating the litigation. In 1802, because of the ongoing controversy, Georgia ceded all of its claims to lands west of its modern border to the federal government, in exchange for which the federal government paid cash and assumed the legal liabilities. Claims involving these purchasers were not fully resolved by the U.S. government until legislation passed in 1814 established a fund for resolving them.The Yazoo land fraud is often conflated with the Pine Barrens speculation, another land scandal that took place in eastern Georgia at about the same time. This involved Georgia's high-ranking officials making multiple gifts of grants of land for the same parcels, making grants that amounted to three times more land than then existed in the state of Georgia.. }
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- Yazoo_land_scandal abstract "The Yazoo land scandal, Yazoo fraud, Yazoo land fraud, or Yazoo land controversy was a massive fraud perpetrated from in the mid-1790s by several Georgia governors and the state legislature. They sold large tracts of land in the Yazoo lands, what is now portions of Alabama and Mississippi, to political insiders at very low prices in 1794. Although the law enabling the sales was overturned by reformers the following year, its ability to do so was challenged in the courts, eventually reaching the US Supreme Court. In the landmark decision in Fletcher v. Peck (1810), the Court ruled that the contracts were binding and the state could not retroactively invalidate the earlier land sales. It was one of the first times the Court had overturned state law, and it justified many claims for the land.Some of the lands sold by the state in 1794 had been shortly thereafter resold to innocent third parties, greatly complicating the litigation. In 1802, because of the ongoing controversy, Georgia ceded all of its claims to lands west of its modern border to the federal government, in exchange for which the federal government paid cash and assumed the legal liabilities. Claims involving these purchasers were not fully resolved by the U.S. government until legislation passed in 1814 established a fund for resolving them.The Yazoo land fraud is often conflated with the Pine Barrens speculation, another land scandal that took place in eastern Georgia at about the same time. This involved Georgia's high-ranking officials making multiple gifts of grants of land for the same parcels, making grants that amounted to three times more land than then existed in the state of Georgia.".