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Tuesday, March 26, 2024

Buttonwood, Bloodgood plane tree pt. 2

  

Platanus occidentalis, also known as American sycamore, 

 American planetree,   






western plane, occidental plane, buttonwood, and water beech, is a species of Platanus native to the eastern and central United States, the mountains of northeastern Mexico, extreme southern Ontario, and extreme southern Quebec. 

 It is usually called sycamore in North America, a name which can refer to other types of trees in other parts of the world. 

 The American sycamore is a long-lived species, typically surviving at least 200 years and likely as long as 500–600 years.  


The largest of the species have been measured to 53 m (174 ft), and nearly 4 m (13 ft) in diameter

 Larger specimens were recorded in historical times. In 1744, a Shenandoah Valley settler named Joseph Hampton and two sons lived for most of the year in a hollow sycamore in what is now Clarke County, Virginia.. 

In 1770, at Point Pleasant, Virginia (now in West Virginia), near the junction of the Kanawha and Ohio Rivers, 

 George Washington 

 recorded in his journal a sycamore measuring 

 13.67 m (44 ft 10 in) in circumference  

at 91 cm (3 ft) from the ground 


_________ 


'The American sycamore is able to endure a big city environment and was formerly extensively planted as a shade tree,but due to the defacing effects of anthracnose it has been largely usurped in this function by the resistant London plane.  


The terms under which the New York Stock Exchange was formed are called the "Buttonwood Agreement", 

 because it was signed under a buttonwood (sycamore) 

 tree at 68 Wall Street, New York City in 1792" 


https://en.wikipedia.org/wiki/Platanus_occidentalis



"The Buttonwood Agreement is the founding document of what is now New York Stock Exchange and is one of the most important financial documents in U.S. history. 

The agreement organized securities trading in New York City and was signed on May 17, 1792 between 24 stockbrokers outside of 68 Wall Street. 

 According to legend the signing took place under a buttonwood tree where their earliest transactions had occurred. 

 The New York Stock Exchange celebrates the signing of this agreement on May 17, 1792 as its founding." 





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