~~ Your FamilyChest Document ~~

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Document Number:0512001
Title:Mortgage
Date:16 August 1765
For Sale:90.00
Condition:
Good for its age. The document is quite brown with age and particularly grubby on the outside as folded, but it remains exceptionally clear and legible on the written side.
Description:
Parchment : 1 sheet 71cm x 89cm with 2 wax seals, 2 signatures and revenue stamp.
Summary of contents:
Parties
James Bowden of Rochdale, Lancashire, Gentleman and Amy his wife.
Simon Dearden of Rochdale, Lancashire, Gentleman.
Nicholas John Lyon (deceased) of Lees Hall, Oldham, Lancashire, Esquire
(NB. We are told that Amy Bowden is a sister and heir of Nicholas Lyon)

Subject
The document begins by reciting an Indenture of 1751 in which James and Amy Bowden mortgaged property in Oldham to Samuel Daniel of Stockport, Cheshire for 170. Then in 1752 the mortgage was transferred to Simon Dearden and at the same time increased to 360. Since then the Bowdens have borrowed more money so that the total owing to Simon Dearden is now 1543, 3 shillings and 3 pence three farthings.

The object of this Indenture appears to be to create a new mortgage for the capital sum of 1543 having agreed "that the 3 shillings and 3 pence three farthings shall be knock'd off the said account".

The property consists of a half share in the South East end of Lees Hall together with about 21 other houses and cottages with various parcels of land totalling 54 acres. Part of the property is in Oldham and part in Crompton, Lancashire.
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