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Auction archive: Lot number 516

MORRIS, Robert. Autograph document signed ("Rob tMorris") a promissory note, no place [Philadelphia?], 12 December 1794. 1 page, oblong (3¾ x 7 1/8 in.), on pale green paper . In dark ink with a bold signature.

Auction 14.06.2006
14 Jun 2006
Estimate
US$2,000 - US$3,000
Price realised:
US$1,920
Auction archive: Lot number 516

MORRIS, Robert. Autograph document signed ("Rob tMorris") a promissory note, no place [Philadelphia?], 12 December 1794. 1 page, oblong (3¾ x 7 1/8 in.), on pale green paper . In dark ink with a bold signature.

Auction 14.06.2006
14 Jun 2006
Estimate
US$2,000 - US$3,000
Price realised:
US$1,920
Beschreibung:

MORRIS, Robert. Autograph document signed ("Rob tMorris") a promissory note, no place [Philadelphia?], 12 December 1794. 1 page, oblong (3¾ x 7 1/8 in.), on pale green paper . In dark ink with a bold signature. A SPECULATOR ON THE ROPES: A NOTE USED AS EVIDENCE IN MORRIS'S BANKRUPTCY TRIAL. Morris, who voted against the Declaration of Independence but signed it after it was adopted, played a pivotal role in bolstering and supporting the economy of the U.S. during the late war, often using his own funds to avert an outright collapse. After the Revolution he pursued his own investment schemes, some of which--like the ill-fated Holland Land Company-- proved disastrous. Here, he confidently pens yet another promissory note to one of the growing pool of his creditors. "Sixty days after date," Morris vows, "I promise to pay unto Mr. Mathias Kurlin Junr or Order [$1,346.67] for value rec d. This twelfth day of December." On the document's verso is a fascinating note reading "Exhibited to us under the commission against Robert Morris Philadelphia, 15th October 1801," signed by John Hollowell and Thomas Cumpston, commissioners appointed to oversee the bankruptcy proceedings after Morris had languished in debtor's prison for three years. Morris never was able to rebuild his once extensive financial empire and died in much-reduced circumstances.

Auction archive: Lot number 516
Auction:
Datum:
14 Jun 2006
Auction house:
Christie's
14 June 2006, New York, Rockefeller Center
Beschreibung:

MORRIS, Robert. Autograph document signed ("Rob tMorris") a promissory note, no place [Philadelphia?], 12 December 1794. 1 page, oblong (3¾ x 7 1/8 in.), on pale green paper . In dark ink with a bold signature. A SPECULATOR ON THE ROPES: A NOTE USED AS EVIDENCE IN MORRIS'S BANKRUPTCY TRIAL. Morris, who voted against the Declaration of Independence but signed it after it was adopted, played a pivotal role in bolstering and supporting the economy of the U.S. during the late war, often using his own funds to avert an outright collapse. After the Revolution he pursued his own investment schemes, some of which--like the ill-fated Holland Land Company-- proved disastrous. Here, he confidently pens yet another promissory note to one of the growing pool of his creditors. "Sixty days after date," Morris vows, "I promise to pay unto Mr. Mathias Kurlin Junr or Order [$1,346.67] for value rec d. This twelfth day of December." On the document's verso is a fascinating note reading "Exhibited to us under the commission against Robert Morris Philadelphia, 15th October 1801," signed by John Hollowell and Thomas Cumpston, commissioners appointed to oversee the bankruptcy proceedings after Morris had languished in debtor's prison for three years. Morris never was able to rebuild his once extensive financial empire and died in much-reduced circumstances.

Auction archive: Lot number 516
Auction:
Datum:
14 Jun 2006
Auction house:
Christie's
14 June 2006, New York, Rockefeller Center
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