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 Replies: 9 / Views: 1,046 |
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Valued Member
155 Posts |
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  Interesting to me… I don't know much about these revenue documents. Looks like a $60 promissary 3/6/1862 note to Stephen Schuyler, which was paid off 3/9/1863. Was this correct use of the stamps? |
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Bedrock Of The Community
United States
10862 Posts |
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Five cents is correct for the promissory note. I don't think the reverse is complete; either there was an attachment or it was originally a larger document, so there is no way to be sure what is happening there. |
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Pillar Of The Community
United States
796 Posts |
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Valued Member
United States
5 Posts |
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Cool find! The 5-cent stamp looks right for the note. The back might be part of a bigger document, hard to tell for sure. |
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Valued Member
155 Posts |
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The back has both signatures (I believe the lendee and the lender), any calculation for $64.14. I presume that $1.14 represents interest, and the signatures suggest the payment was settled in full….
Would the .25 protest revenue stamp support that theory? |
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Pillar Of The Community
United States
796 Posts |
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Unless there was more to the story, the only tax due was paid by the 5 cent stamp. There was nothing else required as far as the government was concerned. |
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Pillar Of The Community
United States
868 Posts |
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The 25˘ stamp is cancelled March 9, three days after the note should have been paid. I interpret the 25˘ stamp as the tax on a protest for non-payment. |
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Ron Lesher |
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Pillar Of The Community
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796 Posts |
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Valued Member
155 Posts |
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I think it's a year and 3 days later…. The original date really looks like 1862, and both parties appear to have signed the 1863 side.
Very interesting. |
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Pillar Of The Community
United States
6469 Posts |
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Date of original transaction is Nov. 6, 1862, with an EMU 5c Inland Exchange, payment due 4 months later on March 6, 1863, with a protest (also an EMU) executed 3 days after the due date on March 9, 1863.
A lovely dual-EMU document! |
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| Edited by revenuecollector - 11/11/2024 11:37 pm |
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Replies: 9 / Views: 1,046 |
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Posted 11/10/2024 11:56 am
