Augustus Sacket(t) (Nov. 10,
1769 - 1827?)
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| Relationship to the Speculation Lands: |
| After Tench Coxe began to experience
financial difficulty, Augustus Sacket offered to acquire most of the land
(399,900 acres) in a one-year mortgage. Sacket never made the initial
payment upon the mortgage, and many of the deeds that he created when he
sold the land in smaller plots to local farmers were fabricated. His
mortgage was assumed by 18 investors from New York who allowed the
identity of the 'Speculation Lands' as such to continue. He briefly
changed his home to Rutherford, NC in 1820 where he was interested in
developing the Speculation Lands. "Old Sacket's,"
daughter Minerva, was married to Samuel Greenlee, the
son of Burke County land speculator James
Greenlee, one of the original
investors in the Speculation Lands. |
| Biography: |
| Augustus Sacket was born in New York City on
November 10, 1769. A lawyer and a judge who originally lived in New York
City, Sacket was the founder in 1801 of what is today called Sackets
Harbor, New York. Sacket saw in the harbor, on the shores of Lake
Ontario, an excellent situation for a port of trade. During the war of
1812 Sackets Harbor played a major role due to its strategic location as
the Headquarters of the Northern Army and Fleet.. He is also recorded as the United States Customs
Officer for the Sacket Harbor District, a position he resigned in 1808
due to a disagreement with Government Policy in the years preceding the
War of 1812. He apparently abandoned his family and left New York
shortly after resigning his post. Some years later he aimed to return
home to 'Sacketts Harbor' but died on his return journey in 1827
or 1828 in Albany, New York. |
| On-Site Links: |
|
0776
- Chronology
of events of Patents 1050 and 1045: 1. August 12, 1819, Augustus Sacket
conveyed a Deed of Mortgage to the Trustees of Tench Coxe. 2. August 17,
1819, the Trustees conveyed lands to Augustus Sacket. 3. March 15, 1822,
Abraham Kintzing released his Trusteeship to Peter S. Du Ponceau. 4.
February 12, 1825, Peter S. Du Ponceau assigned the Mortgage of Augustus
Sacket to Thompson, Hoyt, Bronson et al. 5. 1826, Thompson et al file
suit against Augustus Sacket. 6. October 20, 1826, Report and sales are
given to James Stevens. 7. May 1827, ___ assigns to James Stevens. 8.
May 6, 1827, Stevens assigns his rights to Hoyt, Murray, and Arthur
Bronson. 9. March 24, 1828, James Murray assigns his rights to Isaac
Bronson. 10. March 6, 1830, Arthur Bronson assigns his rights to Isaac
Bronson and Gould Hoyt. |
| Bibliography: |
| Weygant, Charles. The Sacketts of
America their Ancestors and Descendants, 1630-1907. Newburgh, N.Y.
[Journal Print], 1907. |