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.
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
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
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 January 22, 2025, https://slaveryarchive.georgetown.edu/items/show/454.