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Ogden, Henry: New York, (New York) to Monsignor Robert Seton: (Jersey City, New Jersey), 1895 May 4

 Item
Identifier: CSET II-1-d
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Scope and Contents

He received Seton's letter of April 22. He may be mistaken as to the year Alfred Seton, his mother's brother, died. He had a daughter Evretta Seton who married Waldron B. Post, who died leaving two girls and one boy. Sarah Post married a Mr. Morris and has lived in Europe for many years as has her sister, also married, but Ogden does not know the name. Ogden knew Mrs. Morris well. (Thomas) Jevons thinks that all six heirs should sign a note as enclosed to the Farmers Loan and Trust Company. The balance of the principle(!) of the mortgage on Cragdon is now due. The sum of $12,300 has been paid, leaving just $62,700 due, but drawing interest at the rate of 5% per annum. As they sell the lots off, they are obliged to redeem the blanket mortgage at the rate of $125 per lot. Jevons' idea is that they be kept under a little presure to hurry them up, hence the note to the Trust Company, giving them some authority. Seton and the others instructed the Trust Company to hold all sums from the liquidation of the mortgage until they amounted to $17,000 to pay the $17,000 on the lot and building in Tenth St. So only $4,700 is yet needed. When the $17,000 is paid off, then of course the balance of the mortgage as liquidated will be held by the Trust Company for their action.

Dates

  • Creation: 1895 May 4

Language of Materials

English.

Repository Details

Part of the University of Notre Dame Archives Repository

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