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126.00 --Value recd I promise Joseph Goodhue
to pay him or his order the sum
of One Hundred and twenty six dollars
in one year from date with the lawful
anual interest thereof
April 15. 1844 --
John E. Presson

Attest
Asa Stebbins Jr.
Pliny Arms

(c) Pocumtuck Valley Memorial Association, Deerfield MA. All rights reserved.
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In the days before banks were commonplace, it was the custom to borrow money from individuals who would issue loans and/or mortgages to individuals in need. This "promise to pay" or promissory note guarantees that the borrower, John E. Presson will pay to his benefactor, Joseph Goodhue, the sum of money borrowed, plus the lawful interest. The document is witnessed by two respected citizens of the town, Asa Stebbins, Jr. (1800-1864) and Pliny Arms (1778-1859).

 

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Promissory note to Joseph Goodhue

creator   John E. Presson
date   Apr 15, 1844
location   Deerfield, Massachusetts
height   3.25"
width   7.5"
process/materials   manuscript, paper, ink
item type   Legal Documents/
accession #   #L99.184


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See Also...

Dr. Joseph Goodhue (1762-1849)

Letter to Doctor Joseph Goodhue

Excerpt of Dr. Joseph Goodhue's Diary


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