Land purchase – 2

May 1795 – Envelope from James Simmons addressed to:

Mr. Jn McCulloh,  Board Merchant,  corner of Queen & Water, Philadelphia

 

9th June 1795 until 9 June 1800 – Commissioners & Inhabitants of the District of Southwark & John McCulloh

The Warf Landing Place & Dock at the end of Queen St.  –   Paying $20 a year

 

McCulloh Papers, 1773-1848, Maryland Historical Society, MS 2110, microfilm reel 3, frame 36, 42

 

 

 

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Land Purchase

Background:  John McCulloh b. 1747 purchased a lot with a wharf on Queen St. in Philadelphia that he used for his business.  Several letters were addressed to him there.

4 August 1792

This indenture made the 4th day of August in 1792 between John McCulloh of the City of Philadelphi Merchant and Anna his wife of the one part.  And Ferguson McElwaine of the said city merchant one of the surviving executors of the last will and testament of Robert Knox, late of the district of Southwark, Esquire, deceased on the other part.

Whereas the said John McCulloh in and by seven several and distinct bonds or obligations under his hand and seal bearing even date herewith respectively standeth bound unto the said Ferguson McElwaine in and by one of them:                                                                                                                           in the Penal sum of 300 pounds in gold or silver money current in Pennsylvania conditioned for the payment of 150 pounds like money on the first day of September 1793 together with one years interest for the same and                                                                                                                       in and by other of them in the penal sum of 144 pounds like money on the first day of September 1793 together with one years interest for the same.                                                                                                                                in the penal sum of 500 pounds in gold or silver money aforesaid conditioned for the payment of 250 pounds like money on the 1st day of September 1794 together with lawful interest for the same to be reckoned from the first day of September next & to be paid annually                                     and in and by another of the said bonds in the penal sum of 300 pounds conditioned for the payment of 150 pounds on the 1st day of September 1794 together with the lawful interest for the same to be reckoned from the 1st day of September next and to be paid annually                                   and in and by one other of them in the penal sum of 200 pounds conditioned for the payment of 100 pounds on the 1st day of September 1795 with lawful interest for the same to be reckoned from the 1st day of September and to be paid annually                                                                          and in and by another of the said bonds in the penal sum of 300 pounds conditioned for the payment of 150 pounds on the first day of September 1798 together with lawful interest from the same to be reckoned from the 1st day of September and to be paid annually                                           and in and by the other and last of the said bonds in the penal sum of 300 pounds gold or silver money aforesaid conditioned for the payment of 150 pounds in the specie aforesaid on the 1st day of September 1799 together with lawful interest for the same to be reckoned from the 1st day of September and to be paid annually…

Now this indenture witnesseth that the said John McCulloh and Anna his wife for and in consideration as well of the aforesaid debt or several Principal sums and for the better securing the payment thereof with its interest unto the said Ferguson McElwaine …   a certain tenament and lot or piece of ground situate at the East end of Swanson Street and Queen Street in Wicacoe or the district of Southwark aforesaid containing in breadth North and South on Swanson Street and the River Delaware sixty feet… and extend aforesaid and southward with ground formerly of John Parham and Margaret his wife late of James Reynolds

And also the free right and privilege to extend any Wharf to be erected upon said described lot of ground 10 feet at the least to form a dock for landing upon and within the ___ of Queen Street aforesaid…

Prohibited always never the less that of the said John McCulloh his heirs executors or administrators do and shall well and truly pay or cause to be paid unto the said Ferguson McElwaine… the aforesaid seven several principal sums of 150 pounds, 75 pounds, 250 pounds, 150 pounds, 100 pounds, 250 pounds and 150 pounds in gold silver or money current in Pennsylvania together with lawful interest….

Signed by John McCulloh      Ann McCulloh

Recorded in the office for recording of deeds for the city & county of Philadelphia in Mortgage book 9 page 190.  Witness my hand and seal of office 14 January 1793.

McCulloh Papers, 1773-1848, Maryland Historical Society, MS 2110, microfilm reel 2, frame 378