James Madison Papers

University of Virginia Bond signed by James Madison, 28 January 1828

University of Virginia Bond (for $500 borrowed from Thomas Jefferson Randolph; signed by James Madison as Rector)

The Rector and Visitors of the University of Virginia owe to Thomas Jefferson Randolph, Trustee for Mrs. Martha Randolph, the sum of five hundred dollars, for so much money borrowed of him, pursuant to an act of the General Assembly, passed on the seventh day of March, 1827, entitled "An act altering the stated meetings of the Visitors of the University and for other purposes." Which sum they promise and oblige themselves and their successors to pay or cause to be paid to the said Trustee, his executors, administrators or assigns, at the expiration of thirty two years from this date at the office of the Farmers’ Bank of Virginia, in Richmond, together with six percentum per annum, interest thereon, payable at the said office, on the first day of January, and the first day of July in each year.

In testimony whereof, we the Rector and Bursar of the said University, acting under a resolution of the Board, passed the nineteenth day of July, one thousand eight hundred and twenty seven, have hereunto set our hands and caused the seal of the University to be affixed, this Twenty eighth day of January in the year one thousand eight hundred and twenty Eight

Alex Garrett, Bursar,

James Madison Rector SEAL.

Tr (ViU).

Index Entries