1838-11-10, Ritter, Freedom status transaction: Sale · On These Grounds

Title: 1838-11-10, Ritter, Freedom status transaction: Sale
Description: Ritter an enslaved male “aged about 15” appears in a mortgage certificate. The certificate created a mortgage agreement formalizing the terms of a loan for the sale of 56 people to Henry Johnson. The total amount of the sale was $45,000 covered by five promissory notes of $9,000 at an interest rate of 6% and payable annually to Thomas Mulledy, S.J., of Georgetown College. A down payment of $17,793 was received upon execution of the mortgage agreement; the balance on the promissory notes were due every March between 1845 and 1849.
Event Type: Freedom status transaction: Sale
Action Status: Completed
Date: November 10, 1838
Location: Washington, District of Columbia; Chatham Plantation (Ascension Parish, Louisiana); Ascension Parish, Louisiana
Source: GSA 418, 'Certificate of mortgage of Henry Johnson to Thomas Mulledy for 56 persons, 1839,' Georgetown Slavery Archive; Archives of the Maryland Province of the Society of Jesus (GTM-000119), box 62, folder 10, Booth Family Center for Special Collections, Georgetown University; Slavery, Mortgage Contracts with Names of Enslaved People Related to 1838 Sale, frame 53, Archives of the Maryland Province of the Society of Jesus, Digital Georgetown, Georgetown University
Primary Participant: Ritta
Freedom Status: Enslaved
Enslaver: Corporation of Roman Catholic Clergymen; Thomas Mulledy
Age: 15
Author: Henry Johnson; William McSherry
Additional Participant: Jesse Batey; Georgetown College (Washington, District of Columbia)
Witness: John X. Aiken; James A. Ward
Officiator: John Cox; Lewis Carbery; William Brent; William Cranch; Edward Duppel; John Dutton
Buyer: Henry Johnson
Seller: Corporation of Roman Catholic Clergymen
Contract Terms: The total amount of the sale was $45,000 covered by five promissory notes of $9,000 at an interest rate of 6% and payable annually to Thomas Mulledy, S.J., at Georgetown College. The notes were dated November 10, 1838 with due dates as follows: March 1845, March 1846, March 1847, March 1848, and March 1849.

From each note, the following amount was deducted $3,588.60 to cover the down payment of $17,793 for the purchase; a balance of $5,411.40 remained on each of the five notes. (The sum of these payments does not equal $45,000).

Each note was secured by the endorsements of Jesse Batey and Joseph Johnson; 1,245 acres of a plantation in Maringouin in Iberville Parish, Louisiana, served as collateral. (This real estate was purchased from H.M. Thibodeau and adjoined the property of Jesse Batey).
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Item sets: GU-Aggregation; Aggregation