Thomas Jefferson Papers

Bond to Van Staphorst & Hubbard, 25 November 1797

Bond to Van Staphorst & Hubbard

Know all men by these presents that I Thomas Jefferson of Monticello Albemarle county Virginia am held and firmly bound [unto] Nicholas and Jacob Van Staphorst and Nicholas Hubbard bankers and partners of the city of Amsterdam in the republic of the United Netherlands in the sum of five thousand six hundred florins currency of the said republic, to the paiment whereof I hereby bind myself my heirs executors and administrators. In witness whereof I have hereto set my hand and seal this twenty fifth day of November one thousand seven hundred and ninety seven.

The Condition of the above obligation is such that if the above bound Thomas his heirs executors or administrators shall pay or cause to be paid, on or before the 25th. day of December one thousand eight hundred and two, to the said Nicholas and Jacob Vanstaphorst and Nicholas Hubbard their executors administrators or assigns the sum of two thousand eight hundred florins with interest thereon at the rate of six per centum per annum from the 25th. day of December in this present year, then this obligation to be void: otherwise to remain in full force.

PrC (DLC); entirely in TJ’s hand; faded.

TJ calculated the sum of two thousand eight hundred florins he owed the Van Staphorst & Hubbard firm as of 25 Dec. 1797 in a “Statement of my 3d. bond to Messrs. V. Staph. & Hub.,” which listed his remittances to the firm, drafts upon them, and accruals of interest owed beginning on 16 May 1792, and which also noted that the bond was payable 25 Dec. 1802 with interest to begin on 25 Dec 1797 (MS in DLC: TJ Papers, 102: 17506; entirely in TJ’s hand; undated). He copied that statement, with differently worded entries, at the foot of a letter he wrote to the firm on 30 Apr. 1798, the date on which he actually sent them the bond. He did not record the bond in his financial memoranda (see MB description begins James A. Bear, Jr., and Lucia C. Stanton, eds., Jefferson’s Memorandum Books: Accounts, with Legal Records and Miscellany, 1767–1826, Princeton, 1997, The Papers of Thomas Jefferson, Second Series description ends , ii, 997).

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