Agreement with the President, Directors, and
Company of the Bank of the United States1
[Philadelphia, January 28, 1795]
Agreement between Alexander Hamilton
Secretary of the Treasury on behalf of the
United States of the one part; and the President,
Directors & Company of the Bank of the
United States of the other part; made
January the Twenty eighth 1795.
The said President Directors & Company shall forthwith transfer or cause to be transferred into the name of Messrs. Wilhem & Jan Willink & Nicholas & J. Van Staphorst & Hubbard Agents for the United States at Amsterdam the Sum of Five hundred Thousand Dollars Stock of the United States bearing a present interest of Six per centum per Annum.
The Secretary of the Treasury shall cause to be paid for the said Stock a Sum in lawfull current Money of Five hundred thousand Dollars, one fifth part thereof on the first day of August; another fifth part thereof on the first day of September another fifth part thereof on the first day of October, and the remaining two fifth parts thereof on the first day of November next; together with Interest upon so much thereof as shall at any time remain unpaid to commence on the first day of this present Month and to be paid half yearly.
In Witness whereof the said Secretary of the
Treasury hath caused the Seal of the Treasury
to be affixed to these Presents and hath hereunto
subscribed his hand, and the said President
Directors and Company have also caused the
Seal of the Bank of the United States to be
affixed to the same the day & Year aforesaid.
|Alexander Hamilton||Thos. Willing Prest. of|
|Secretary of the Treasury||the bank of the U. S|
DS, Historical Society of Pennsylvania, Philadelphia.
1. For background to this document, see H to Willink, Van Staphorst, and Hubbard, January 25, 1795.