Lee's Funnies
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 (actual letter):
"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 (actual letter):
"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,
would 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 Columbus' expedition. Now
the Pope, as I'm sure you know, is the 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 ...
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