John Marshall Clemens sold properties around Florida for $3,000 to speculator Ira Stout. At the same time, John purchased a quarter of a city block in Hannibal on the Mississippi, about forty miles east of Florida, for what Wecter calls “the thumping price of $7000 paid in full” [Wecter 51-2; Powers, MT A Life 21]. Note: “Hannibal” was also a family name with no connection to the town. It may be argued that John paid too much for the quarter block in Hannibal.