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Kentucky Gazette
Lexington, Fayette County, Kentucky
What is this article about?
Financial statement of late collector Brown reveals debts of nearly $300,000 to the US and others, with assets from a sugar plantation netting only about $20,000, leaving a $275,000 deficit—more than double the public's estimated $120,000 shortfall. Reported in New Orleans.
Merged-components note: The table contains numerical values that correspond to the debt breakdown mentioned in the story about the former collector Brown; spatial overlap in bounding boxes confirms relation.
Clipping
OCR Quality
Full Text
| 268,849 | 57 |
| 15,000 | |
| 10,400 | |
| 3,080 | |
| 600 | |
| 300 |
Since my handing you the communication relative to Brown, the late collector, which appeared in your Gazette yesterday, I have seen in the notary's office, a statement of his affairs made on oath before the honorable judge Martin, who granted the prayer of his petition, and for the public eye, I give you a statement.
He acknowledges to stand indebted as follows, viz.
To the United States,
To Messrs. —
To Mr. —
To Mr. —
To Mr. —
To sundry others, say
$298,229 67
Here you have a sum of nearly Three Hundred Thousand Dollars, and the only assets he offers to meet this enormous sum, is his interest in the sugar plantation and negroes below this city: which I am very credibly informed will not, after paying expenses and mortgage, net very little more than Twenty Thousand Dollars, leaving a balance of at least Two Hundred and Seventy-five Thousand Dollars.
The public have generally been impressed with a belief that Brown carried with him a sum not exceeding $120,000 but we find he is deficient more than double that sum.
[New-Orleans paper.
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Story Details
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Location
New Orleans
Story Details
Oath-based statement of late collector Brown's debts totaling $298,229.67, primarily to the United States, with minimal assets from a sugar plantation netting about $20,000 after expenses, resulting in a $275,000+ deficit—exceeding public estimates of $120,000 by double.