Name/Title
IRS Tax Exemption 1931-1933 Question 15Entry/Object ID
001700Tags
Carrie Wright, Grace Irene Wright, Old Hamptonburgh FarmScope and Content
STATEMENT IN ANSWER TO QUESTION 15 ON "EXEMPTION
APPLICATION" ON U.S. TREASURY DEPARTMENT FORM 1025
OF THE WILLIAM BULL AND SARAH WELLS FAMILY ASSOCIATION,
INC.
The corporation sold a tract of farm land with
a small discontinued District Schoolhouse standing thereon
in the year 1931 to Carrie Wright and Grace Irene Wright
containing perhaps 15 acres of ground for the sum of
$1,000.00. Thereafter, in the year of 1933 the corporation
sold to Old Hamptonburg Farms, Inc. for the sum of $800.00
a tract of farmland containing 44.64 acres of land and at
the same time sold to the County of Orange for the widening
of the Hamptonburgh and Washingtonville road, a small strip
containing .082 acres of land for the sum of $100.00, which
was to include the cost of fencing and expenses of the sale.
The aforesaid sums of $1,000.00 and $800.00
and the balance of the $100.00 sale to the County of Orange,
less expenses, including fencing, were credited on the
corporation's books to its Endowment Fund.