Annoyed lawyer
A New Orleans lawyer sought an FHA loan for a client. He was
told the loan would be granted if he could prove satisfactory
title to a parcel of property being offered as collateral.
The title to the property dated back to 1803, which took the
lawyer three months to track down.
After sending the information to the FHA, he received the
following reply:
"Upon review of your letter adjoining your client's loan
application, we note that the request is supported by an
Abstract of Title. While we compliment the able manner in which
you have prepared and presented the application, we must point
out that you have only cleared title to the proposed collateral
proper back to 1803. Before final approval can be accorded, it
will be necessary to clear the title back to its origin."
Annoyed, the lawyer responded as follows:
"Your letter regarding title in Case No. 189156 has been
received. I note that you wish to have title extended further
than the 194 years covered by the present application. I was
unaware that any educated person in this country, particularly
those working in the property area, could not know that
Louisiana was purchased by the U.S. from France in 1803, the
year of origin identified in our application.
For the edification of uninformed FHA bureaucrats, the title to
the land prior to U.S. ownership was obtained from France, which
had acquired it by Right of Conquest from Spain. The land came
into possession of Spain by Right of Discovery made in the year
1492 by a sea captain named Christopher Columbus, who had been
granted the privilege of seeking a new route to India by the
then reigning monarch, Isabella. The good queen, being a pious
woman and careful about titles, almost as much as the FHA, took
the precaution of securing the blessing of the Pope before she
sold her jewels to fund the expedition.
Now the Pope, as I'm sure you know, is an emissary of Jesus
Christ, the Son of God. And God, it is commonly accepted,
created this world. Therefore, I believe it is safe to presume
that He also made that part of the world called Louisiana. He,
therefore, would be the owner of origin. I hope to hell you find
his original claim to be satisfactory. Now, may we have our
loan?"
They got it.
A New Orleans lawyer sought an FHA loan for a client. He was
told the loan would be granted if he could prove satisfactory
title to a parcel of property being offered as collateral.
The title to the property dated back to 1803, which took the
lawyer three months to track down.
After sending the information to the FHA, he received the
following reply:
"Upon review of your letter adjoining your client's loan
application, we note that the request is supported by an
Abstract of Title. While we compliment the able manner in which
you have prepared and presented the application, we must point
out that you have only cleared title to the proposed collateral
proper back to 1803. Before final approval can be accorded, it
will be necessary to clear the title back to its origin."
Annoyed, the lawyer responded as follows:
"Your letter regarding title in Case No. 189156 has been
received. I note that you wish to have title extended further
than the 194 years covered by the present application. I was
unaware that any educated person in this country, particularly
those working in the property area, could not know that
Louisiana was purchased by the U.S. from France in 1803, the
year of origin identified in our application.
For the edification of uninformed FHA bureaucrats, the title to
the land prior to U.S. ownership was obtained from France, which
had acquired it by Right of Conquest from Spain. The land came
into possession of Spain by Right of Discovery made in the year
1492 by a sea captain named Christopher Columbus, who had been
granted the privilege of seeking a new route to India by the
then reigning monarch, Isabella. The good queen, being a pious
woman and careful about titles, almost as much as the FHA, took
the precaution of securing the blessing of the Pope before she
sold her jewels to fund the expedition.
Now the Pope, as I'm sure you know, is an emissary of Jesus
Christ, the Son of God. And God, it is commonly accepted,
created this world. Therefore, I believe it is safe to presume
that He also made that part of the world called Louisiana. He,
therefore, would be the owner of origin. I hope to hell you find
his original claim to be satisfactory. Now, may we have our
loan?"
They got it.