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Description
Herman LeRoy wrote from New York, New York to Susan Kean in Elizabethtown, New Jersey. LeRoy informed Susan that he had a conversation with her brother (Philip Livingston) regarding the investment of money that Susan had lying unemployed. LeRoy explained that the new loan scheduled to open on the 28th of February for 5 million dollars of 8 Act Annuities promised to employ money safely. The high-interest rate, LeRoy considered, would make foreigners purchasers. Although the idea was tempting, he would not advise anyone to put all of their money in it. If Susan wanted to become a subscriber to the loan, she would have to send her money to her friend in Philadelphia who would manage it for her.
Author/Creator
Herman Le Roy (1758-1841)
Recipient
Susan Kean, formerly Susan Livingston and later Susan Ursin Niemcewicz (1759-1833)
Creation Date
1799-01-21
Creation Date
1-21-1799
Document Type
Manuscript
Location
New York, New York
Inventory Location
103 C
Recommended Citation
LeRoy, Herman. Herman LeRoy to Susan Kean, January 21, 1799. Manuscript. From Special Collections Research Library and Archive, Kean University, Liberty Hall Collection 1790s. https://digitalcommons.kean.edu/lhc_1790s/599
Rights
This collection is open to the public for research use. Copyright remains with Kean University. Credit this material. Personal photographs may be made for research purposes. Inquiries regarding publishing material from the collection should be directed to the Special Collections Research Library and Archive at keanscrla@kean.edu.
Publishing Repository
Special Collections Research Library and Archive, Kean University
Collection
Liberty Hall Collection, 1711-1847 (bulk 1790-1830)