DR. ADELAIDE L. FRIES ARCHIVIST 224 SOUTH HERRY STREET WINSTON-SALEM, N. C. Southern Province WINSTON-SALEM, N. C.
April 8, 1948. My dear Mr. Love, With this I am sending the transcript from the Administration ledger for which you asked, and I am adding a tracing of the part of the map of Wachovia which shows the Love tract of 402 acres. One item in the transcript may need a word of explanation. When The Moravian Church bought the Wachovia Tract from Lord Granville In 1753 the terms were those then usual, a down payment and a per- Perpetual Quit Rent. To save the Church from loss all early sales Provided that the purchaser must pay a proportionate share of this Quit Rent. After the Moravian Church had bought the Quit Rent title from the heir of Lord Granville it became possible to sell in turn to those who had bought with the Quit Rent provision in the deed. It may also be noted that for many years after the United States and the individual states began to issue paper currency the Moravian congregation accounts were still kept in the English pounds sterling, as that was much more stable in value, and more easily handled in the transactions with Pennsylvania, England, and Germany. The amount of time which this work required brings the charge to Five Dollars. Yours sincerely, Adelaide L. Fries |
Book A, Administration of Wachovia p. 185 |
John Love | 1 |
1786 | Dr. | |
Augst 31 | To Cash paid to Sam’l Stoz for 5 Bush of corn | 1 --- --- |
1787 | ||
Apr. 30 | To Cash paid to his Br. James on his Account | 3 10 --- |
Dec'r. 31 | To To James Love, for 12 1/2 Bus. Corn | 1 17 6 |
1791 | ||
Aug 31 | To Cash paid to Lewis Meuning for surveying | 2 5 --- |
Sept 29 | To Stock for 402 Acres of Land, sold and measured to him the 9th of April 1788 |
281 8 --- |
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1793 | ||
May 31 | To Quitrents sold, for his Bond, payable the 19th Aug. 1792, for the Purchase Sum of 402 Acres note: The Bond is given by his Son, James Love. |
18 --- --- |
1796 | ||
Sept 29 | To Interest due on 18 |
--- 18 --- |
1797 | ||
Dec’r 31 | To interest up to the 1st Aug. last | --- 15 9 |
1799 | ||
May 31 | To Interest, due on |
--- 16 1 |
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Book B, page 87 | ||
1799 | ||
May 31 | To Balance, brought from Ledger A | 5 18 11 |
1801 | ||
May 31 | To odd Interest up to the 7th of Febr. last | --- 9 1 |
6 8 --- | ||
Administration Ledger 1- | ||
Aug. 31st 1786- | Sundry Accounts Dr. To cash John Love, for 5 Bush, of Corn delivered to his widow by Samuel Stoz |
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I certify that the items given on this sheet have been copied directly from the original sources cited Signed, Adelaide L. Fries, |
John Love | 2 | |
1786 | Cr. | |
Jan’y 31 | By Cash received from him on Account for Land | 70 --- --- |
1787 | ||
Jan’y 31 | By Cash rec’d from his Br. James Love & ditto | 30 --- --- |
1790 | ||
March 31 | By Cash the 4th inst. Received by his Son James Love | 104 --- --- |
1791 | By Cash received by ditto in full for 402 Acres Land on the north East Part of Wachovia Tract |
86 --- 6 |
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1798 | ||
Nov’r 30 | By Cash the 6th inst. Rec’d for 7 year’s interest to the 1st Aug’st last By cash rec’d in part of the Principal |
6 6 --- 1 13 2 |
1799 | ||
Apr 30 | By Cash received & ditto & for interest | 11 4 --- |
May 31 | Balance, carried in Ledger B, Fol’o 87 | 5 18 11 |
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1801 | ||
Feb. 28 | By Cash received in full | 6 8 --- |
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