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Herman LeRoy wrote from New York, New York to Susan Kean in Elizabethtown, New Jersey. LeRoy informed Susan that the Manhattan Company’s proceedings had been enveloped in mystery. Her brother, Philip Livingston, subscribed to 1000 shares but was entitled to only 26, yet he understood each director had 1000. If Susan insisted on subscribing to them, her brother would spare his 26 shares for her, but LeRoy felt she was better off without subscribing to the Manhattan Company. The mechanics who subscribed will have trouble making their second payment and the monied people of the city were universally opposed to the company.
Susan Kean, formerly Susan Livingston and later Susan Ursin Niemcewicz (1759-1833)
New York, New York
Bay 1, Column 1, LHC Series 2
LeRoy, Herman. Herman LeRoy to Susan Kean, May 3, 1799. Manuscript. From Special Collections Research Library and Archive, Kean University, Liberty Hall Collection 1790s. https://digitalcommons.kean.edu/lhc_1790s/614
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Special Collections Research Library and Archive, Kean University