Mortgage to Bullock property

http://www.alplm-cdi.com/chroniclingillinois/files/uploads/300051.pdf

Title

Mortgage to Bullock property

Description

Abraham Lincoln completes a mortgage deed on Maria Bullock's property. The sale of the land amounted to $180, with $18 paid in cash and remainder in to be paid in two annual installments at interest of 6%/annum. Viney makes the first payment for which Lincoln writes a receipt on November 5, 1856. However, a year later, Viney fails to pay the second note when it is due. In 1857, according to Lincoln, Viney permits the lots to be sold for the 1856 taxes and allows the purchaser to pay the 1857 property tax. In order for Bullock to preserve her security, she must redeem the property from the tax sale, paying double the amount for which the land was originally sold, and the single amount for 1857 and pay the taxes for the year 1858. This is one of nine documents in Bullock v. Viney.

Creator

Lincoln, Abraham

Publisher

Abraham Lincoln Presidential Library and Museum

Date

1855-08-20

Format

pdf

Language

en

Identifier

300051
T1855.08.20-2
95309 (legal)

Status

Start Transcribing

Weight

20000

Original Format

paper and ink
2 p
41 x 33 cm

Document Viewer