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Timothy Murphy Promissory Note

Promissory Note with transcription provided at the bottom of page.

This promissory note from February 11, 1817 bears Timothy Murphy’s initials (he could not read or write) as well as the calculation of the $2.50 interest on the loan.

The significance of the hash marks to the right of the initials is unknown.

$13.75 in 1817 is the equivelent of nearly $700 today.

The promissory note is on display in the second floor exhibit at the Old Stone Fort Museum Complex.

Timothy Murphy Promissory Note Transcription Reverse side: Timothy Murphy Note P N Farrell $13,75 Feby 11th 1817 Obverse: $13-75 For value Received I promise to pay Peter N Farrell or Beaver the sum of thirteen dollars and seventy five cents with interest Dated Feby 11 1817 attest E H Winans TM