Jay Gould railroad magnate buys property in Memphis Oct. 26, 1889

The Memphis Commercial Appeal Mid-South Memories section Sunday October 26, 2014 reported the following for October 26, 1889, “Jay Gould has again demonstrated his faith in Memphis by purchasing, for $28,000, a tract, 137 by 340 feet, on Sixth in Fort Pickering to be used as terminal facilities for his St. Louis, Iron Mountain & Southern Railroad.  The land was conveyed to Gould by T.H. and J.D. Milburn, John M. Farrington, D.P. Hadden and Capt. James Lee.”

The following link gives some history on Jay Gould.

http://en.wikipedia.org/wiki/Jay_Gould

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