GC: You will have before you the body and the enquiring mind
of [
943], who is present in this room, and who has acquired
an interest from C. W. Youngman of New York City in certain
land grants from State of Florida given as bonus for
construction of railroad from 1897 to 1907 or 1908. Mr.
Youngman has been unable to locate contract with his
associate, Frank M. Loomis, now deceased, showing that he had
an undivided one-half interest in these land grants. The body
[
943], in this room, would like to secure information as to
where these contracts could be located, and proper procedure
to obtain same - and all other information that may be given
that would assist the body in securing through these parties
the interest which he has acquired.
EC: Yes, we have the body [
943], the enquiring mind of this
body - this we have had before.
The grants as [
943] has obtained interest in are valid.
Those papers, contracts, showing the interest are of record
in year book 1898 and in 1908 and 1912. The papers that show
the interest of Loomis with Youngman are matters of record
with the Empire Land, that are among the papers of G. W.
Potter - and these, while not necessary, may be obtained from
this source. The records, while being of grants given in
State lands that at the time were considered of little value,
will prove very valuable holdings. Not that the fee simple
is of special interest to [
943], yet the fee simple is an
enormous fortune in itself - but the mineral, gas and oil
rights - as are a portion OF the whole - will be found to
have been held by the ones giving same. While the government
holds a portion of these, they do not supersede the grant
given by the State.
Work these out. They are worth while.
Ready for questions.
(Q) Is land available from State that would apply under
these grants?
(A) These grants apply, even where State has transferred -
so far as mineral and oil RIGHTS, especially, are concerned -
for these have been kept intact through the grants as given.
Hence, as has been seen, and as has been given through these
sources, little transferred land from the State to
individuals has carried this clause - or where carried,
stipulates that is not included.
(Q) What County and State is the year book to be found in
that was spoken of?
(A) Florida. Tampa, Tallahassee.
(Q) Where may Potter be found?
(A) He's here! He's deceased, see? He's here - he's
talking!
(Q) Where should [
943] first seek for this information?
(A) Tallahassee, Tampa.
(Q) Any further information that would assist Mr. [
943] in
this matter?
(A) Follow out all of the leads as has been given. In the
DOING does the body gain the better understanding of that
required to make ALL valid. We are through.
BACKGROUND
See previous readings on various business propositions.
REPORTS
4/14/29 See
943-9 in re oil properties in Florida.



Edgar Cayce Readings © 1971, 1993, 1994, 1995 by the Edgar Cayce Foundation