Notes on financial agreement, 23 June 1814

Notes on financial agreement, 23 June 1814

Notes of agreement concluded upon this twenty third day of June 1814 Between George Caines & Martin Van Buren, as follows, viz,

Ist. Mr. Van Buren agrees to Loan to Mr. Caines Two Thousand Dollars for three years at an Interest of Seven per cent.

2nd. The said George agrees to purchase of the said Martin his undivided Share of Lot number Eleven in the Whiteborough patent in the Town of Franklin County of Delaware, for which the said George agreed to give the said Martin, five Dollars per acre and the said Martin agrees to give the said George a Warranty Deed of the Same, and make out a good title for the same.

3rd. For the collective amount of which ^two^ Sums, Mr. Caines to give the said Martin his Bond payable in three years with Interest from the date hereof, the Interest on that portion which is for the Lot, to be at Three and an half per cent till due; the residue of the Bond to be at Seven per cent, and to make to him a conditional assignment of his Law Library, the possession to be delivered to the said Martin; to remain in him untill the Bond becomes due, and if at that time the same shall remain unpaid, and in the mean time, no Contract be made between the said George and the said Martin, for the final purchase of the said Library, then it shall be lawful for the said Martin, to dispose of the same at public auction, giving three weeks public and fair notice of the same, and after paying the ^amount of the debt of the^ said Martin and Reasonable expences, to pay the overplus money to Money to Mr. Caines.

4th. The writings to be drawn up and executed in Six months weeks, and all Interest which shall accrue by reason of this writing, on monies before they are paid, to or for Mr. Caines, to be deducted when the Bond is executed.

In Witness whereof the parties to these presents have hereunto set their Hands, the day & year above Written.

In presence of Geor. Caines
Words "amount of the" 30th.  
line 1 page interlined before signing MVBuren

In notes, cash check and money like paid for me received this 25th day of June 1814 the aforementioned two thousand dollars

Geor. Caines


[in the hand of MVB]



George Canes Agreemt

The Interest to be

allowed me by Mr

Canes from the Date

of this agremnt untill

the Execution of the



3d. day of June 1814

Editorial Process Complete