1831 North Hempstead, LI Garret Layton Estate Leavitt M. Layton Promissory Note

Description

1831 North Hempstead, LI Garret Layton Estate Leavitt M. Layton Promissory Note. Layton’s note due Estate of G. Layton Prl. Families such as the Dentons, Hickses, Sands, Hewletts, and Cornells remained prominent throughout the region during this period. Showing only minor signs of age & wear. Showing only minor signs of age & wear. Expected fold creases from posting. Very light staining / toning throughout. N o major issues to note. B old attractive writing. Overall, in good to very good condition. You will receive the exact piece shown in the photos - please have a good look at the photos to access condition. It measures approx. 4 3/8" x 7 1/2" Best effort transcription: North Hempstead April 22, 1831 On Demand for value received, I promise to pay to Ebenezer Coe & Livingston Whitsitt, Administrators of the Estate of Garret Layton deceased, the sum of Six hundred & one Dollars & Fifty Cents, (the above sum being all the money now remaining in my hands belonging to said Estate) with interest at five per cent from the first day of May last per annum until paid as witness my hand & seal returned before signing Leavitt M. Layton settled May 10th 1833 E. E. Coe Reverse Calculations Lich. Layton’s note due Estate of G. Layton Prl. $601.60 5% 30.08.00 3 years 90.24 interest 601.60 Principal 691.84 Amt due May 1st 1833 May 1st 1833 ================================================== Observations & Historical Notes This substantial 1831 North Hempstead estate document concerns the administration of the estate of Garret Layton, deceased. The note acknowledges that $601.50 — a very large amount for the period — remained in the signer’s hands belonging to the estate and was owed to the estate administrators, Ebenezer Coe and Livingston Whitsitt. The reverse side contains detailed interest calculations at 5% over three years, producing a total due of $691.84 by May 1, 1833. This kind of accounting was common in probate and estate administration during the early 19th century, especially where heirs, executors, administrators, or business partners temporarily retained estate funds. The Layton surname was well established throughout Long Island and Queens County during the colonial and early republic periods, while the Coe family was among the prominent old Long Island families with deep roots in Hempstead and surrounding communities. North Hempstead in the 1830s was still primarily agricultural, but increasingly tied to New York City through coastal trade, produce markets, and local mercantile networks. Estate settlements involving hundreds of dollars reflected significant property holdings and demonstrate the growing economic complexity of Long Island families during the Jacksonian era. ================================================================= During the 1850s and 1860s, North Hempstead on Long Island was a largely rural township in Queens County, New York (Nassau County would not be created until 1899). The area consisted of farming villages, mills, estates, small harbors, and developing transportation routes linking Long Island communities with Brooklyn and New York City. The phrase “North Hempstead Circuit” during this era most commonly referred to local court, legal, ministerial, or Methodist circuit activity. In legal contexts, circuit courts and traveling justices regularly moved through towns handling probate matters, debt cases, estate settlements, land disputes, and commercial claims. Religiously, Methodist “circuit riders” were also active throughout Long Island during the mid-19th century. Ministers traveled on horseback between scattered congregations in villages such as Roslyn, Manhasset, Great Neck, Westbury, and Hempstead, forming what were often called “circuits.” Economically, North Hempstead during the 1850s–1860s depended heavily on: farming and livestock oyster harvesting and coastal trade small shipbuilding and maritime commerce local mills and market gardening stagecoach and turnpike transportation By the Civil War era, railroads such as the Long Island Rail Road were beginning to reshape portions of the township, though many areas still retained their earlier agricultural and maritime character. Families such as the Dentons, Hickses, Sands, Hewletts, and Cornells remained prominent throughout the region during this period. ============================================ **Shipped securely in a new poly bag, sandwiched in chipboard, inside a new rigid mailer via USPS Ground Advantage service w/ tracking** Click HERE to see matchbooks I have available. Click HERE to see transit and trade tokens I have available. Click HERE to see billheads I have available. Click HERE to see letterheads I have available. For U.S. based orders, the shipping cost for the first purchase is $4.00 and no extra cost for additional similar items such as billheads, letterheads, tickets, patches, post cards, trade cards, stock certificates that can safely be shipped in the same package. I have over 63,000 unique items here on eBay - Click HERE to visit my store & save with combined shipping for multiple buys. For U.S. orders on a PC, use the "add to cart" feature to select multiple items before paying. 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