Four Land Development Companies

Yazoo Land Fraud Represents Largest Corruption Scandal of Early Republic

| Importance: 8/10

Georgia Governor George Mathews signs the Yazoo Act, transferring 35 million acres in present-day Alabama and Mississippi to four land development companies for $500,000—approximately $0.014 per acre—in the largest land fraud perpetrated during the Federalist Era. Georgia’s Federalist U.S. …

Georgia Legislature Governor George Mathews Senator James Gunn Four land development companies land-speculation legislative-corruption bribery elite-corruption systematic-corruption
Read more →