MacKay_Letter_122
Item
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Title
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MacKay_Letter_122
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Description
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An agreement that George MacKay will deed over to William M Gitt of St Louis his property in Kentucky valued at $62,500 in order to pay off his debt to Mr. Gitt. May 20, 1873.
Transcription:
Copy of Supplementary Agreement
Made May 20, 1873
This agreement supplementary to the foregoing made this 20th day of May AD 1873. Witnesseth that the said George MacKay agrees to remit and set over to the said Hiland R Hulbrund one half the amount stipulated to be paid in the foregoing agreement to wit one half of one hundred and twenty five thousand dollars, which is sixty two thousand five hundred dollars - for the purpose of satisfying a claim which one Wm M Gitt of St Louis Mo alleges to hold against said MacKay, and for the purpose of obtaining possession of certain deeds and documents said to be necessary in order to establish and confirm the title of said Mackay to the said one hundred and thirty thousand acres of coal mineral and agricultural lands in Harlan County Kentucky and the said MacKay hereby agrees to receive and accept as payment in full for said lands the sum of sixty two thousand five hundred dollars ($62.500) provided he is released and discharged from the claim of said Gitt - and he further agrees that in case the land is not sold within one year from the date of the original and foregoing agreement, that he will refund to the said Hulburd with interest the amount expended by him in obtaining possession of the deeds and documents herein alluded to as necessary to perfect and confirm said MacKays title to the land aforesaid, estimated to be about five thousand dollars before the option of redemption reserved to said MacKay, in the forgoing agreement shall accrue and become operative
Signed} George Mackay {seal} Hiland R. Hulburd {seal}
Signed in presence of [signed] J. P. Stryker
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Identifier
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MacKay_Letter_122.jpg
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Creator
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Kristen Walker
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Subject
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Promissory Note
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Publisher
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Izzy Moyer; Kristen Walker; Jill Johnson; and Renee Guerin
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Date
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1873.05.20
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Date Created
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2023.10.30
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Type
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Pay Order
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Promissory Note
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Format
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.jpg
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Medium
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Paper
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Rights Holder
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Genesee Country Village & Museum
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Rights
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Genesee Country Village & Museum creates opportunities for material, object, and place availability from their collections and location accessible to the public for personal and educational research purposes pursuant to U.S. Copyright Law. Within the stipulations of the museum and related rights legislation that applies to your use, it is your responsibility to obtain permission from the copyright holder to publish or reproduce images in print or electronic form; and, it is strictly prohibited for commercial use without prior communication and agreement with the institution first.