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Johnston, John J. v. Mitchell, William A., etc.: Chancery Cause, Warren County (Part 3 of 4)

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Culpeper C. H. March 9th 1845. Sir: In reply to your letter of the 7th inst: I have to say, that the [illegible] conveyed to me by [illegible] & R. C. Mitchell in trust for the benefit of Wm Green & John J. Johnston, was sold on the following terms - "Three thousand two hundred and twenty dollars, to be paid down, bonds for the [residue?] of the purchase money with good security and to be secured by a deed of trust on the premises to be given and payable as follows, $2618 to be paid the 1st of January 1846, and to be divided into two bonds to suit the convenience of those entitled to the money, $1180 to be paid the 1st of January 1847 - $1120 to be paid the 1st January 1848, $1060 to be paid the 1st January 1849 - and the residue, if any, to be paid the 1st of January 1850 - and upon each one of the deferred payments there shall be secured to be paid to the trustee a commission of five percent, to be paid at the same time with the said bonds"