Thomas Jefferson Papers

Thomas Jefferson’s Notes on Agreement with John Harvie, [ca. 17 February 1810]

Notes on Agreement with John Harvie

[ca. 17 Feb. 1810]

Mr Harvey’s sale of Belmont to Taylor is at 12½ D £3–15 pr acre. his deeds & patents call for about 2300. as but a survey he had made makes but about 2000. as. he is to recieve 2000 £ in July & 1000 £ a year after till the whole is paid

the whole will be from 7500.£ to 8625 £ to obtain this price he gave up stock & rent of about £500. value as he supposes. Rogers is to fix this value, & it is to be deducted from the sum total; and of the remainder I am to recieve one half of the average price on 245. as on the same instalments & proportions as he does.

suppose 2000. as = 7500. £
deduct   –500   £ s D
2000   7000   £  (3 – 10 = 11.67
  10000   35/½ ½ = 5.835
£ 
suppose 2300 as = 8625    5.835D 
500        245 as
2300 8125  (3–10–7 29 175 
    6900     233 40 
1225    1167 0 
  20     my part 1429.575 
24500                  3  
1500    £428.16 
  18000 
£ 
 As 7500 : 428.8 :: 2000 114 –6  = 381.D  July 1810
190.5  11
 £ £ £ £ £  190.5  12
As 8625 : 428.8 :: 2000 : 99–16–7  (say 100)  190.5  13
£  190.5  14
in 1810  I shall recieve 100 190.5  15
11 50 96.  16
12 50 1429.5 
13 50
14 50
15 50  = 166.67
16 50
17   28 –16
428 –16

MS (MHi); in TJ’s hand; undated; on reused address cover to TJ; endorsed by TJ: “Harvie John. Compromise with him entd into Feb. 17. 10.”

Index Entries

  • Belmont tract; sale of search
  • Harvie, John (1783–1838); and sale of Belmont estate search
  • Harvie, John (1783–1838); TJ’s dispute with search
  • Jefferson, Thomas; Business & Financial Affairs; dispute with J. Harvie search
  • Jefferson, Thomas; Writings; agreements with John Harvie search
  • rent; from Belmont estate search
  • Rogers, John (of Albemarle Co.); and TJ’s dispute with J. Harvie search
  • Southwest Mountain tract (Albemarle Co.); dispute over ownership search
  • Taylor, Thomas; purchases Belmont estate search