Description of Account with Louis Le Guen, [8 June 1802]
Description of Account with Louis Le Guen1
[New York, June 8, 1802]
I acknowlege to have received of Louis Le Guen Esquire in deposit for the purposes of his marriage contract with his present wife Mary Le Guen2 the sum of Twenty Five thousand Dollars which with his consent have been disposed of as follows say Five thousand Dollars in the Stock of the New York Insurance Company standing in the name of the Trustees Five thousand Dollars in a loan to Richard Harrison3 secured by his Bond and a mortgage on his house in the city of New York (which bond and mortgage are in my possession), five thousand Dollars in a loan to Alexander Hamilton secured by his bond and a mortgage on his house and farm at Haerlem (which bond and mortgage are in the possession of Louis Le Guen) seven thousand Dollars in a loan to Nathaniel Prime secured by a transfer to me of Stock in the Columbian Insurance Company (say one hundred and forty shares) the remaining three thousand Dollars kept at interest at my discretion4 till further order.
A Hamilton
NB The Stock in the New York Insurance Company consists of one hundred shares which cost five thousand five hundred Dollars being five hundred Dollars more than are due to the fund for the marriage Contract. I have also in my hands belonging to the said Louis Le Guen a bond of Aaron Burr conditioned for the payment of six thousand seven hundred & thirty Dollars and thirteen Cents secured by the Assignment of certain leases also two promissory notes of the said Aaron which are included in the amount of the said bond.5
A H6
ADS, Hamilton Papers, Library of Congress.
1. For background to this document, see “Account with Louis Le Guen,” June 6, 1802.
2. For this contract, see Le Guen to H, December 27, 1800, note 7.
3. Although no documents relating to this transaction have been found, it was obviously similar to the mortgage which H had obtained from his fellow trustees. See “Indenture between Alexander Hamilton of the First Part and Richard Harison and Aaron Ogden of the Second Part,” July 1, 1801; “Bond to Richard Harison and Aaron Ogden,” July 1, 1801.
4. See “Account with Louis Le Guen,” June 6, 1802, notes 5 and 7.
An entry in H’s Cash Book, 1795–1804, under the heading “Louis Le Guen” and dated October 11, 1802, reads: “This sum paid him on acct of Insurance Stock 200 order to received interest of Prime” (AD, Hamilton Papers, Library of Congress).
5. See Le Guen to H, December 27, 1800; “Receipt to Louis Le Guen,” January 15, 1801, notes 2 and 3.
6. H wrote opposite this paragraph: “surrendered & a new acknowlegement given the 20th of May 1803. AH.”
Opposite the end of this paragraph Le Guen wrote: “$—6730. Due a la dite Epoque du 8. Juin 1802. Non Compris—Les interets due, et Cinq % le futurs.”