Description

    Robert Morris acknowledges that Samuel Meredith's debt to him has been paid in full while in debtor's prison

    Robert Morris Autograph Endorsement Signed on an accounting page for the account of Samuel Meredith "in A/C with R Morris Co." One page, 7.5" x 9.5", n.p. [Philadelphia], December 4, 1798. After an outstanding life of public service, and following his disastrous land speculation partnership with John Nicholson, Morris fell into extreme debt. This ledger page bears several entries documenting the details of a debt owed to Morris by Samuel Meredith, another prominent Philadelphia merchant and a Pennsylvania delegate to the Continental Congress. Morris has penned a notation at the lower right, noting that the debt has been paid in full: "Rec'd Decem'r 4, 1798 of Saml Meredith Esq. his check on the Bank of the U.S. for Twenty nine Dollars, eighty four cents in full of all demands. Rob. Morris." At the time, Morris was living in Philadelphia's Prune Street debtor's prison (February 1798 to August 1801). In 1800, Congress passed landmark bankruptcy legislation, at least in some part to ensure Morris' release from prison. Document is lightly toned with smoothed folds. Very boldly inscribed and signed.


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    Auction Dates
    April, 2011
    8th-9th Friday-Saturday
    Bids + Registered Phone Bidders: 4
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