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.
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.
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?
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.
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.
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.
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Posted 11/10/2024 11:56 am
