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Sir Thomas Smith was elected treasurer a gentleman who had amassed great wealth by merchandise, who was one of the assignees under Raleigh's patent, and was soon afterward made governor of the East India Company. Much has been said against him; but he was a man of public spirit and expanded views, and urged forward the enterprise with his influence and his contributions.
If you become the successors, civil or praetorian, of a person deceased, or adopt an independent person by adrogation, or become assignees of a deceased's estate in order to secure their liberty to slaves manumitted by his will, the whole estate of those persons is transferred to you in an aggregate mass.
It was rated, I remember, at eighteen thousand, including live stock, conveyances an' furniture, when it was deeded over to the assignees. We sold out the furniture and stock at auction for about half what they were worth. But there weren't any bidders worth mentioning for the house and land. So it was held by the assignees Cephas Dix, Deacon Whittle and myself for private sale.
A. may die before he puts in his claim, in which case the ownership passes on into the hands of his heir or assignees, who may foreclose at once, on entering into their heritage, or may again let things accumulate for their heirs. Anyhow, sooner or later the foreclosure comes and then there is trouble. X., Y., Z., etc., free men, have married some of the original A.'s slave woman's descendants.
Agreement for one year. The assignees were all friends of Staples. The last named was Calvin Childs, a blacksmith, to whom Staples owed about two thousand dollars. The assignees proceeded to execute their trust, and as collections were made, payments were made until all the debts were paid except the debt to Childs. Mr. Woods died in 1841.
No, no, Sir Charles Vandrift; I know too well how much you are worth to me. I return you on my income-tax paper as five thousand a year, clear profit of my profession. Suppose you were to die! I might be compelled to find some new and far less lucrative source of plunder. Your heirs, executors, or assignees might not suit my purpose.
The assignees of his debt, who little expected the springing of this mine, even from such an engineer as Mr. Benfield, after recovering their first alarm, thought it best to take ground on the real state of the transaction. They divulged the whole mystery, and were prepared to plead that they had never received from Mr.
He had given notice to the authorities of his failure, and of his intention of making over all his property to his creditors. He was now waiting to hand over the assets to the assignees, and leave the house which was no longer his.
They were, indeed, heritable and to be held on a perfectly secure tenure by the assignees and their descendants; but a revenue was to be paid to the State for their use: and they were to be inalienable the latter provision being a desperate expedient to check the land-hunger of the capitalist, and to save the new settlers from obedience to the economic tendencies of the times.
I had a very few of the same sort of experiences in Bridgeport, and they proved valuable to me." One of Barnum's assignees was his neighbor and quondam "gamekeeper," Mr. Johnson, and he it was who had written to Barnum to return to America, to facilitate the settlement of his affairs.
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