1838-11-10, Nancy Lee, Freedom status transaction: Sale
- Title
- 1838-11-10, Nancy Lee, Freedom status transaction: Sale
- Description
- Nancy Lee, an enslaved female “aged about 50” 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 54, Archives of the Maryland Province of the Society of Jesus, Digital Georgetown, Georgetown University
- Primary Participant
- Nancy Lee
- Freedom Status
- Enslaved
- Age
- 50
- Buyer
- Henry Johnson
- 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). - Source Resource
- http://onthesegrounds.georgetown.domains/omeka/api/items/7287
Part of 1838-11-10, Nancy Lee, Freedom status transaction: Sale