James Madison to John C. Payne, 1 April 1831
April 1, 1831
$1000
I promise to pay to John C Payne on demand, one thousand dollars this day received on loan, with interest on the same till paid. Given under my hand this first day of April, one thousand eight hundred thirty one.
James Madison
(Back)
By Cash . . . . . . . . . $60
Do. 40
Do. 52 1/2
Do. 60
Do. 60
272.50
deduct balance due J. C.
Payne page filed herewith=21.10
251.40
Interest for one year
60.
191.40
5 months Interest to
1. September 1832 . . . 25.
$166.40
Deduct
Int. to 15. Octr.
7.50
this sum
158.90
deducted from
1000.
leaves
841.10
Ms (owned by Joseph J. Frank, Scarsdale, N.Y.).