Today we have an 1881 Trust Deed between William A. Purvis and a local business known as Marshall + Richardson.
After the War, times were rough and local farmers didn't have any money; so borrowing money to plant the Crop, tending to and harvesting the Crop, selling and paying off the liens on that crop became routine. It was a vicious cycle. My Great Grandfather along with his father, my 2nd Great lived from year to year dependent upon this routine. The only winner in this vicious cycle were the men that had the money to fuel this dependency.
Transcription:
W. A. Pervis to Marshall + Richardson
State of North Carolina}
Anson County} Whereas Marshall + Richardson of Anson County in the State of North Carolina has agreed to make advances to W. A. Pervis of the county of Anson and State aforesaid for purposes of agriculture during the year A. D. 1881 to the value of two hundred dollars, and such further sums as the said Marshall + Richardson may deem necessary to be made not to exceed in all the sum of three hundred Dollars and whereas the said W. A. Pervis desires to secure to the said Marshall + Richardson prompt payment for the advances made in accordance with the provisions of the Acts of General Assembly in such cases made and provided, ratified on the 1st day of March 1867, and the Act to re-enact and amend the same ratified March 1st, 1873, doth by these presents sell, transfer and agree to deliver to the said Marshall + Richardson on the 1st day of Oct. next, so much cotton, com and other products raised by him during the present year as shall be sufficient to pay for the supplies to be furnished as aforesaid, which conveyance and transfer shall create a lien in favor of the said Marshall + Richardson to the extent of the advances made or to be made, upon all the crop the said W. A. Pervis may raise during the present year and for further security the said W. A. Pervis bargains and sells the said Marshall + Richardson the following articles of personal property, to wit: (1)one bay mare 7 yrs old, one Ox, 1 one horse wagon, farming tools, 8 head of hogs, household + kitchen furniture, (2) milch cows, (2) two yearlings with the understanding that if the said W. A. Pervis shall will and truly pay the said Marshall + Richardson for the advances as aforesaid on or before the 1st day of Oct. next, the said lien shall be discharged and the said property shall revert to the said W. A. Pervis, otherwise the said Marshall + Richardson shall have power to take into their possession all of said property and crop on the farm, or elsewhere, if removed and sell the same or so much thereof, for cash, as may be necessary to pay for the advances aforesaid, attorney's fees, registration and any other expenses incurred in executing this provision, first advertising sale for ten days at three public places in the county. I, the said W. A. Purvis do hereby certify that no other lien or mortgage has been given upon said crop or property. If this claim is not paid at maturity to bear interest at the rate of 8 per cent per annum from maturity to the payment. In witness whereof, the said W. A. Pervis has hereunto set his hand and seal, this 3rd day of March, A.D. 1881.
Signed, sealed + deliver in presence of} W. A. Pervis {Seal}
W. C. Hardison}
State of North Carolina}
Anson County} The due execution of the foregoing lien and mortgage was proven before me this day by the oath and examination of W. C. Hardison, the subscribing witness. Let the same with this certificate, be registered. This the 3rd day of March, A.D. 1881.
John C. McLanchlin, C.S.C.
State of North Carolina}
Anson County} March 9th 1881 Then the foregoing lien + mortgage and certificate came into my hand and was duly registered
P. J. Coppedge, Register of Deeds
William A. Pervis/Purvis is my 2nd Great Grandfather. He has also been a huge Brick Wall for many years.
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[1] Anson County, North Carolina, Trust Deed Book 13: Pages 107, W. A. Pervis to Marshall & Richardson; 3 March 1881, Register of Deeds, Wadesboro, Anson County, North Carolina.
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