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  • Seller image for American Slavery and Finance. Mecklenburg County Bonds Using Enslaved Persons as Debt Collateral in North Carolina, 1822-1823 for sale by Max Rambod Inc

    US$ 1,850.00

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    Manuscript debt bonds created in Mecklenburg County, North Carolina during the early 1820s document the use of enslaved people as collateral within the financial system of the antebellum South. These legal instruments record obligations owed between creditors and debtors while identifying enslaved individuals as property subject to seizure in the event of nonpayment. Such documents illustrate the legal framework through which slavery operated as both a labor system and an economic structure, where enslaved men, women, and children were routinely mortgaged, pledged, and sold to satisfy financial claims. Surviving manuscript bonds naming enslaved individuals provide direct evidence of the mechanisms through which courts and creditors enforced debt within slaveholding societies. Archive of three partially printed manuscript bonds completed in ink, each measuring approximately 12 x 8 inches and bearing signatures of the involved parties. [1] Blanks, John; Tillotson, Edward; and Turney, James. Debt bond to Stephen P. Pool and Robert O. Courby. Mecklenburg County, North Carolina: 27 June 1822. The document binds the debtors for "ninety five dollars and seventy four cents," secured against property including "one land horse," with a notation on the reverse indicating the obligation was later settled by payment. [2] Carter, Charles and Bullock, John P. Bond to Thomas Howerton and John F. Howerton. Mecklenburg County, North Carolina: 21 March 1823. The bond records a debt of $2,214.67 associated with a writ of fieri facias issued against the estate of Charles Carter and identifies "one Negro man named Manuel Jack" as collateral subject to seizure if the debt remained unpaid. [3] Lenton, Charles. Bond to James and John H. Irwin for the benefit of Michael Newton. Mecklenburg County, North Carolina: 23 April 1823. This document binds Lenton for $337.42 and identifies "one Negro boy by the name of Peter" as property pledged to secure the obligation, specifying that the enslaved child must be produced for sale if required under the terms of the writ. During the nineteenth century enslaved people were legally classified as chattel property under the laws of slaveholding states, allowing them to be mortgaged, seized by courts, and transferred between owners as part of debt enforcement procedures. Legal instruments such as bonds and writs of fieri facias formed part of the judicial process through which creditors pursued unpaid obligations and frequently resulted in the forced sale of enslaved individuals. Documents naming individuals such as Manuel Jack and Peter provide stark evidence of how the legal and financial systems of the American South treated human lives as collateral within commercial transactions. Three manuscript bonds written on partially printed forms with handwritten text and signatures. Light creasing, toning, and handling wear consistent with age; text remains clear and legible. Overall very good condition. The archive preserves primary documentary evidence of the legal and economic structures sustaining slavery in the early nineteenth century United States.