Auction Date:2010 Jan 13 @ 10:00 (UTC-05:00 : EST/CDT)
Location:5 Rt 101A Suite 5, Amherst, New Hampshire, 03031, United States
ADS, one page, 7.75 x 3.25, May 1, 1819. Cummins effects a security bond for Stephen F. Austin’s brother-in-law for a purchase of a salt making plant in the Missouri Territory, and reads, in full “Mrs Hemphill I autherize [sic] William Mills to set or subscribe my name to a Bond as security for James Bryan by an appication [sic] of himself being a stranger from your sevt.” In 1811, John Hemphill established a salt making plant at what is now Arkadelphia, the earliest recorded factory in Arkansas. On May 1, 1819, after his death, his widow Nancy sold the salt works to James Cummins and James Bryan. They paid in cash and two notes. By this document, Cummins authorizes William Mills to sign his name to a bond as security for James Bryan. They failed to make payment on the first note for $1,075 and Mrs. Hemphill sued and obtained a judgment against them. She could not collect and the salt works reverted to the Hemphill estate. The family continued to operate the factory until the 1850s. In very good condition, with intersecting folds, uneven and torn edges, and light overall toning and foxing.
Auction Location:
5 Rt 101A Suite 5, Amherst, New Hampshire, 03031, United States
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