Definition of Yazoo Frauds Act. Meaning of Yazoo Frauds Act. Synonyms of Yazoo Frauds Act

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Definition of Yazoo Frauds Act

Yazoo Frauds Act
Yazoo Fraud Yaz"oo Fraud (U. S. Hist.) The grant by the State of Georgia, by Act of Jan. 7, 1795, of 35,000,000 acres of her western territory, for $500,000, to four companies known as the Yazoo Companies from the region granted; -- commonly so called, the act being known as the Yazoo Frauds Act, because of alleged corruption of the legislature, every member but one being a shareholder in one or more of the companies. The act granting the land was repealed in 1796 by a new legislature, and the repealing provision was incorporated in the State constitution in 1798. In 1802 the territory was ceded to the United States. The claims of the purchasers, whom Georgia had refused to compensate, were sustained by the United States Supreme Court, which (1810) declared the repealing act of 1796 unconstitutional. Congress in 1814 ordered the lands sold and appropriated $5,000,000 to pay the claims.

Meaning of Yazoo Frauds Act from wikipedia

- The Yazoo land scandal, Yazoo fraud, Yazoo land fraud, or Yazoo land controversy was a m****ive real-estate fraud perpetrated, in the mid-1790s, by Georgia...
- The Mississippi Delta, also known as the Yazoo–Mississippi Delta, or simply the Delta, is the distinctive northwest section of the U.S. state of Mississippi...
- Yazoo Land Act of 1795. However, it was later revealed that the Yazoo Land Act had been approved in return for bribes in a scandal known as the Yazoo...
- Correctional Complex, Yazoo City (FCC Yazoo City) is a United States federal prison complex for male offenders in unincorporated Yazoo County, Mississippi...
- The Act Prohibiting Importation of Slaves of 1807 (2 Stat. 426, enacted March 2, 1807) is a United States federal law that prohibited the importation...
- steep discount in states beyond their issue. In the end, well-publicized frauds arose in states like Michigan, which had adopted free entry regimes but...
- The Coinage Act of 1873 or Mint Act of 1873 was a general revision of laws relating to the Mint of the United States. By ending the right of holders of...
- formation of the Georgia Company and the sale of the Yazoo lands. In the aftermath of the Yazoo sale, Gunn acted quickly to complete the transaction and protect...
- what became known as the Yazoo land scandal, Georgia had engaged in a m****ive real estate fraud by selling large tracts of Yazoo land before p****ing a law...
- election fraud, bribery or intimidation of voters, and conspiracies to prevent citizens from exercising their constitutional rights. The act bans the...