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Document Number:0504102
Title:Deed of Covenant
Date:27 June 1851
Price:£55.00
Condition:
Good, consistent with age.
Physical description:
Parchment : 1 sheet 52cm x 72cm with 4 wax seals (but only one signature).
Summary of contents
PARTIES
Thomas NOWELL of Barrowford, Lancashire. Farmer.
Christopher GRIMSHAW of Barrowford, Lancashire. Cotton Spinner.
William BALDWIN of Barrowford, Lancashire. Wireworker.
Thomas HARGREAVES of Barrowford, Lancashire. Gentleman.

(The 3 latter names are the Trustees of the Barrowford Victoria Benefit Building Society)

SUBJECT
The document begins by reciting a "Surrender" of the same date (27/6/1851) in which Thomas Nowell and Jane his wife have surrendered property in Barrowford, Lancashire to the Trustees of the Barrowford Building Society.

The property consists of a plot of land, part of Stack Field, containing 310 sq.yds and with 4 dwelling houses erected thereon. The Surrender was in consideration of £120, and this Indenture is a covenant to repay the loan.

(This all looks as though it must be a straightforward mortgage - but the arrangement of a Surrender and Deed of Covenant is not something that I have come across before.)
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