|The town of New Prospect, situated on Lost River, was born September 4, 1836. "Goodspeed's History of Lawrence, Orange and Washington Counties", published 1884, says of it: |
New Prospect, also in French Lick
Township , was laid out
September 4, 1836, by Nathan Pinnick, on the east half of Section 27, Township
2 north, Range 2 west. It is situated at the junction of French Lick Creek and Lost River ,
and on the New Albany and Vincennes turnpike. The auction of lots
occurred on the 5th of September, 1839. Lost River was at that time navigable
for ordinary river craft to the mouth or Lick Creek, about one mile farther up
the stream, and where there were two grist-mills in operation for several
years, one of which is now known as the Grigsby Mill. A post office has long
been established here, and the place was formerly a very good trading point.
Lick Creek is another post office in the eastern part of the township, kept by
Mr. George W. Campbell. He is also doing a thriving trade in dry goods and
The Paoli True American
9 August 1839
Lots for sale at Auction in the Town of NEW PROSPECT.
A new town has been located on Lost River
between 8 and 9 miles from Paoli, westerly, upon the Albany and Vincennes MacAdamised Road. This town has
been called "New Prospect," and is beautifully situated upon the
north bank of Lost
River, and has certainly
as many advantages as any new town that has been laid out in this part of the
State for many years. New Prospect is situated in a rich and fertile region,
being upon the lands of the French Lick Reserve, which lands are settling
perhaps as fast as any in the State.
This town is located upon that part of Lost River
which is navigable for Boats whenever White River
is; and there is an excellent landing near or rather at the town. There are
excellent mill sites immediately above and below New Prospect, and already
there are three Saw and Grist Mills in operation near the town, two on Lost
River and one on French Lick Creek. This creek runs into Lost River
opposite the town, making the water sufficiently deep at all seasons of the
year to float the largest Flat boats. The Saw and Grist mills spoken of above—one is situated two miles above, one other two and a half miles below, on Lost River. The third,
town upon French Lick Creek. Excellent timber abound in the immediate
vicinity of the town, and the lumber
be floated to or from the mills in either direction. New
Prospect is situated in the Lime Region, which article is becoming one of the
most lucrative exports from this part of the State, and the demand for it is
daily increasing, and likely to increase during all time to come. The stone is
inexhaustible. Excellent Stone Coal is found in abundance in the vicinity.
There is a Salt Lick near the town, and General Clendenin is now at work boring
and making his arrangements for the manufactory of Salt. Plenty of iron ore is
to be found not far from the town. Taking every thing into consideration, there
can no doubt exist but that New Prospect has been located where more advantages
can be derived, and where the prospects are greater for an extensive and
flourishing town than any other town which has been laid out lor many years.
There is no town near to interfere much with it, Paoli being the nearest town,
and that nine miles off; . Mount pleasant next, 18 miles distant, and there is
no other town which eflects it. New Prospect is situated high and healthy.
The sale of these Lots will take place at
Auction, upon the premises, Thursday the 5th day of September, 1839, commencing
at 11 o'clock, and continuing from day to day if necessary, until all of the
Lots are sold.
The Lots will be sold upon three equal payments:
One-third in six months, one-third in eighteen months, and one third in thirty
months, with good personal security, and the deed immediately made; but should
any purchaser be desirous of so doing, he can pay the first instalment in hand
(for which six per cent, will be deducted) and take a deed, and mortgage to
secure the two remaining instalments. Also, if any purchaser should be
desirous, he can give personal security for the first payment, and mortgage the
lot to secure the remaining payments. In each case deeds in fee simple will be
made to the purchaser. These terms are somewhat new, but will be found upon
examination to be very advantageous to purchasers, because it will give the
right to transfer without the trouble of title bonds. If the above terms should
be changed in any way, due notice will be given on the day of sale.
N. PINNICK. Proprietor
August 8, 1839.
Courtesy of Cathy Clark
The Jasper Weekly Courier
Saturday 8 July 1865
Notice to Bridge Builders
Sealed proposals will be received at the office of the Auditor of Orange county, Indiana
on Tuesday the 1st day of August, 1865, for the erection of a bridge
across Lost River, between New Prospect and West Baden Springs. Said
bridge to be completed on or before the 1st day of December, 1865, upon
two Stone Abutments; frame work to be covered and weather-boarded. For
plan of superstructure and further information, apply at the above
office, at any time after the 15th day of July, 1865. Bonds will be
required of the sucessful bidder
L.B. COGSWELL, Aud.
July 1st 1865 - 3w.
Courtesy of Cathy Clark