Oak Hill (James Monroe House) - Purchase

Purchase

Monroe and his uncle Joseph Jones jointly purchased 4,400 acres (18 km²) of land in Loudoun County in 1794. When Jones died without direct heirs in 1805, Monroe gained sole possession of the property. However, Monroe continued to live primarily at Highland, his residence in Albemarle County—until 1826, when he was forced to sell that property to pay debts he had incurred while serving as President.

Read more about this topic:  Oak Hill (James Monroe House)

Famous quotes containing the word purchase:

    O, let us have him, for his silver hairs
    Will purchase us a good opinion,
    And buy men’s voices to commend our deeds.
    William Shakespeare (1564–1616)

    We are told to maintain constitutions because they are constitutions, and what is laid down in those constitutions?... Certain great fundamental ideas of right are common to the world, and ... all laws of man’s making which trample on these ideas, are null and void—wrong to obey, right to disobey. The Constitution of the United States recognizes human slavery; and makes the souls of men articles of purchase and of sale.
    Anna Elizabeth Dickinson (1842–1932)

    Blessed assurance, Jesus is mine!
    O what a foretaste of glory divine!
    Heir of salvation, purchase of God,
    born of the Spirit, washed in Christ’s blood.
    Fanny J. Crosby (1820–1915)