A New Orleans lawyer sought an FHA (Federal Housing
Administration) loan for a client. He was told that the loan
would be granted if he could prove satisfactory title to property
offered as
collateral. The title dated back to 1803, and he had to spend
three months running it down. After sending the information to
FHA, he got this reply: "We received your letter today
enclosing application for loan for your client, supported by
abstract of title. Let us compliment you on
the able manner in which you prepared and presented the
application. However, you have not cleared the title before the
year 1802, and therefore, before final approval can be accorded
the application, it will be necessary that the title be cleared
back to that year."
Annoyed, the lawyer replied: "Your letter regarding titles
in Case No. 189156 received. I note that you wish titles extended
further back than I have presented them. I was unaware that any
educated man in the world failed to know that Louisiana was
purchased from France in 1803. The title to the land was acquired
by France by right of conquest from Spain. The land came into
possession of Spain by right of discovery made in 1492 by a
sailor 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 I might say, as the FHA,
took the precaution of securing the blessing of the Pope for the
voyage before she sold her jewels to help Columbus. Now the Pope,
as you know, is the emissary of Jesus Christ, the Son of God, and
God, it is commonly accepted, made the world. Therefore, I
believe it is safe to presume that He also made that part of the
world called Louisiana, and I hope to hell you are
satisfied."