Letter from William Henry Seward, Jr. to William Henry Seward, February 13, 1861
xml:
Letter from William Henry Seward, Jr. to William Henry Seward, February 13,
1861
transcriber
Transcriber:spp:rmg
student editorTranscriber:spp:cnk
Distributor:Seward Family Digital Archive
Institution:University of Rochester
Repository:Rare Books and Special Collections
Date:1861-02-13
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Letter from William Henry Seward, Jr. to William Henry Seward, February 13, 1861
action: sent
sender: William Seward
Birth: 1839-06-18
Death: 1920-04-29
location: Auburn, NY
receiver: William Seward
Birth: 1801-05-16
Death: 1872-10-10
location: Washington D.C., US
transcription: rmg
revision: agw 2020-12-28
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Page 1
Auburn Feb 13th 1861
My dear Father
Mr Everts
Birth: 1777-01-04 Death: 1850
is about making an
exchange of property by which he takes the upper
Saw Mill and ten acres of land with a dwelling on
the same in order to do this he wishes to turn out
his house & two lots on Owasco St but as the parties
with whom the exchange is made are a company they
refuse to take the place unless perfectly free from all
incumbrances, What Everts wishes to do is this: take
a deed of the Owasco Street property and give a Mortgage
on the Mill property for the amt due on his place which
is about $960. The mill property including house worth
$1500, has been appraised by Nelson Beardsley
Birth: 1807-05-30 Death: 1894-01-15
at $7000 On which there is now two mortgages of $2,000 each, of
which 2,000 is to be paid within five years and the other
two thousand in ten years from the end of the 5 years
just mentioned, this would make your Mortgage if
you were to take one a 3d mortgage and make the
whole amt of incumbrance on the property about $5,000
Everts will also as security give an insurance policy
to the amt of his Mortgage to you, there being no other
insurance on the house. Mr Goss
Birth: 1820-10-31 Death: 1878-02-05
Mr A G Beardsley
Birth: 1820-07-11 Death: 1906-08-14
and others are the gentlemen with whom Mr
Everts proposes to make this Exchange, Mr Goss
informs me that they had valued the property at $8,000
and that its rents without difficulty for $600 per year.
He (Mr Goss) also wishes me to say that he considers
this to be a perfectly safe transaction.
Please answer as soon as convenient as the parties
are awaiting you decision
Your affectionate son
WmH Seward Jr