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Administrative History
Under the Act of 1808 (Chap. 215), lands deeded to the state were originally purchased by private persons, who gave mortgages to the state or to the Commissioners for Loaning Money. When the purchasers failed to make the required payments of principal and interest, the mortgages were foreclosed and the property offered for sale. When no second purchaser appeared, the Attorney General or the Commissioners conveyed the property to the people of the State of New York. These conveyances were authorized by Laws of 1805, Chap. 135, and Revised Statutes of 1829, Part I, Chap. 9, Title 6, Section 16.
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