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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

Collection

Liberty Hall Collection, 1711-1847 (bulk 1790-1830)

Inventory Location

103 C

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

Herman LeRoy to Susan Kean, January 21, 1799

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