Statement of my property and Debts July 1. 18041
My share of Townships No. 9. 10. 15. 17 and 21 in Scribas Patent in connection with J B Church and John Lawrance viz
|¹⁄₆ of the first purchase the whole being 31528 acres & ¼ of an acre & one third of the residuary purchase upon the suit in chancery being together nearly 20000 acres which now stand me in about2||33000|
|My ¼ of purchase in Nobleborough together with J Laurance Robert Troupe & N Fish being 5450 acres computed now to stand me in abt.3||9000|
|Five shares of lands in the Ohio Company4 being about 6000 acres purchased chiefly with a certificate for my own services & estimated to now stand me in||6000|
|4 lots in the City of New York5 being the moiety of 8 lots purchased of I Riley the other moiety|
|for J B Church now stand me in about||1800|
|My establishment in the Country6 at Hœrlem estimated to now stand me in about||25000|
|Furniture and Library||3000|
|Horses and Carriages||600|
|Due me from W Greene on account of a Purchase of Trustees of Ringwood Company7 on the Guaranty of P Schuyler & others say principal & interest abt||500|
|deduct this sum still unpaid to Trustees ab.||250|
|Estimated cost of real Estate||Ds.||74150|
|Due me for professional services say||2500||6350|
|Debts which I owe|
|1||To the several Banks in the City of New York8||20000|
|2||To Gilchrist & Fowler9 (suppose)||10000|
|3||To Richard Harrison and Aaron Ogden as Trustees for Louis Le Guen & his wife secured by Mortgage on my house 5000 Ds. with one years interest10||5350|
|4||To the same for this sum passed to my Credit on Bank of UStates11 on account of 6 Ct Stock||269.57|
|5||To Louis Le Guen, this sum borrowed of him my Note (a years interest being paid)||3000|
|6||To Herman Le Roy Mortgage to Schiefflin12 assigned to him||4000|
|years interest nearly due||280||4280|
|7||To J B Church|
|per account June 23. 1803||3000.60|
|Interest for a year||210|
|Due me per my Book suppose||600||2610|
|8||To Nicholas Fish suppose||1500|
|9||To Victor Du Pont per my bond abt||1000|
|My Note to him payable 1 Aug13||800|
|10||To S Bradhurst14 for part of my Country seat purchased of him principal & half a years interest say||3110|
|11||To Jacob Sherrid15 probably||1000|
|12||To John Laurance for two thirds of an accommodation Note discounted at the Mercts. Bank (say)||600||490|
|Deduct what he owes me act.||100|
|13||To J B Dash Junr.16 Note||512.32|
|Ballance in my favour||Dollars||25778|
No. 2 The sum due to Fowler & Gilchrist is on account of a purchase under a mortgage which they had upon a tract of land including that which was bought by Church Laurance & myself. By agreement this money was payable by installments. For the first I gave them my notes which have been paid, though they retain the bond for that installment, which ought to be delivered up. The remaining installments are to be paid—the first is now due.
No. 7 Sometime last fall, I authorised J B Church to sell my four lots if they would bring each 200 pounds & apply the proceeds to my credit. Since that I have verbally told him that he might sell them at whatever he should be willing to sell his own for. I consider what has been done as amounting to an appropriation of these lots towards the payment of his Debt and so has been my intention. I have hesitated indeed whether I ought not now to do a definitive act to effect this object. But on reflection I thought it adviseable to leave things in statu quo with this explanation.
As to Item No. 4 of my debts, I have thought it right to put it on the same foot with my bank accommodations because it is part of a Trust fund being the 2 per cent which was paid on account of the principal of the Stock, for which reason it was not paid over to Mr Le Guen. But I think I have made a mistake in paying the full interest as received, since from the Constitution of the public debt a part of this must represent the remaining principal. If there be any error Mr. Le Guen will readily replace it or it can be retained out of the sum I owe him individually. I have been rather negligent as to the entry of my remittances but except fragments amounting to a few dollars he has had as I believe all I have received for him on account of the trust fund or otherwise not noted in this paper. This he will himself put right & indeed may be collected from his letters.
I have thought it right to do the like as to Item No 12 because in fact this is a joint accommodation note. So also as to 11 & 13 because the labour & supplies of these parties have contributed to form this the fund—being for the purpose of my house &c at Haerlem.
AD, New-York Historical Society, New York City.
1. This document was part of the third item on the “List of Papers Given to Nathaniel Pendleton,” July 19, 1804.
2. See “Mortgage by John Laurance, John B. Church, and Alexander Hamilton to Robert Gilchrist,” August 21, 1802; “Promissory Note to Theodosius Fowler,” August 21, 1802; “Partition Deed among John Laurance, John B. Church, and Alexander Hamilton,” June 28, 1804. See also Jacob Mark and Company to Church, H, and Laurance, May 30, 1797.
4. See H to Oliver Wolcott, Jr., October 3, 1802, note 7.
8. For H’s transactions with the Bank of New York and the New York branch of the Bank of the United States, see his Cash Book, 1795–1804 (AD, Hamilton Papers, Library of Congress).
Under this item at this point H wrote and then crossed out: “Further sum which I expect to borrow 600.” Next to this entry he wrote: “(not done.)” See H to Wolcott, September, 1803.
10. See Le Guen to H, December 27, 1800, note 7, January 15, 1801, September 30, 1803; “Receipt to Louis Le Guen,” January 15, 1801; Aaron Ogden to H, January 15, 1801; “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, 1800; “Account with Louis Le Guen,” June 8, 1802; “Receipt from Louis Le Guen,” September 10, 1802, September 5, 1803; “Account of Louis Le Guen,” April 1, 1803.
11. On July 16, 1804, Church, Nicholas Fish, and Pendleton, H’s executors, wrote to the president and directors of the New York branch of the Bank of the United States asking that H’s “notes in your Bank when they fall due may remain with their present endorsements … until a favorable time and opportunity may offer for disposing advantageously of such part of his property as it may become necessary to see for the purpose of discharging his debts …” (LS, Mr. Hall Park McCullough, Bennington, Vermont).
14. Samuel Bradhurst. See the introductory note to Schuyler to H, July 17, 1800, note 7.
15. Jacob Sherrid, a New York City painter and glazier. See H’s Cash Book, 1795–1804, under the date of June 2, 1803 (AD, Hamilton Papers, Library of Congress).
16. John B. Dash, Jr., a New York City ironmonger. See H’s Cash Book, 1795–1804 (AD, Hamilton Papers, Library of Congress).