May 20, 1862: The last payment from the sale of 1838

Dublin Core

Title

May 20, 1862: The last payment from the sale of 1838

Subject

Slaves--United States--Economic conditions; Jesuits--Missions; Slavery-Slave Trade, Jesuits--History--19th century

Description

This annotation made by Joseph Zwinge, S.J. registers the final payment received by the Jesuits of Maryland for the sale of 272 persons in 1838. 

J.R. Thompson paid $11,918.64 plus a 6% interest and a premium for late payment that amounted to $908.90. The total proceeds from this transaction were $12,857.54. 

Thompson liquidated this debt because he purchased 140 persons and Chatham plantation from Gov. Johnson on December 27, 1851.  With this transaction, Thompson assumed the outstanding payments that Johnson owed the Jesuits of Maryland from the sale of 1838. In 1851 the money owed by Johnson to the Jesuits amounted to $11,918.64 due on March 31, 1854.

From 1851 to 1862, the Jesuits negotiated with Thompson over the outstanding balance owed by Gov. Johnson. On numerous occasions Thompson requested extensions in paying the notes owed by Johnson, mentioning how "promising sugar cane crop[s]" might aid his payments. In 1860, after multiple deferrals, C.C. Lancaster, as head of the Maryland Province agreed to delay Thompson's payment until March of 1862, insisting that they "should like to get it sooner." 

According to Zwinge, a Jesuit priest who did extensive research on the history of the Maryland Province, Thompson finally liquidated his note twenty-four years after the sale, on May 20, 1862.

Creator

Maryland Province Archives, Society of Jesus

Publisher

Georgetown Slavery Archive

Date

Data from 1862, ledger c. 1909.

Contributor

Elsa Barraza Mendoza

Rights

Maryland Province Jesuits

Relation

Format

PDF

Language

English

Type

Manuscript

Identifier

GSA392

Text Item Type Metadata

Text

1862

May 20 The last payment was made by JR. Thompson
who succeeded Johnson note         11,918.64
to interest and premium on above.     908.90

Original Format

Manuscript

Files

Citation

Maryland Province Archives, Society of Jesus , “May 20, 1862: The last payment from the sale of 1838,” Georgetown Slavery Archive, accessed September 27, 2020, http://slaveryarchive.georgetown.edu/items/show/454.