To Israel Pemberton5
AL: American Philosophical Society
Thursday Nov. 30. 75.
Dr. Franklin presents his Respects to Mr. Pemberton, and is willing to take the Ground Rent propos’d to him; but hopes Mr. Pemberton will abate of the Price mention’d, as he hears some have lately been sold at 15 Years purchase.
Notation: To Israel Pemberton Esq.
5. Pemberton, one of the most prominent Quakers and civic leaders in Philadelphia, has appeared often but peripherally in earlier vols.; see in particular V, 424 n, and also PMHB, LXVII (1943), 282–5. The subject of this letter, the ground rent reserved on property that BF had purchased in 1764, is explained above, XI, 319–21. BF’s negotiation to buy the rent succeeded, but the evidence does not indicate whether Pemberton lowered his price. See the summary of the deed below, Dec. 13.