John Phillips & Loan Commisioners, Hunterdon Co, NJ 1737

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Hunterdon County Loan Office Records

This Indenture Made the Twenty fifth Day of March in the Tenth Year of the Reign of 
our Sovereign Lord George the Second, of Great-Britain, France and Ireland, King, 
Defender of the Faith &c. Anno; Domini One Thousand Seven Hundred and thirty Seven 
BETWEEN John Phillips of the County of Hunterdon of the one Part and the 
Commissioners of the Loan Office of the County of Hunterdon on the other part, 
WITNESSETH, That the said John Phillips for and in consideration of the sum of 
Twenty pounds by the Commissioners of the Loan-Office of the County of Hunterdon to 
him well and truly in Hand paid, whereof, he grants the Receipt, and acknowledges 
himself to be therewith contented, and for himself his Heirs, Executors and 
Administrators, releases and discharges The Commissioners of the Loan Office of the 
County of Hunterdon and their successors thereof forever Hath Granted, Bargained, Sold, 
Released, Enc—and confirmed, and by these Presents Doth Grant, Bargain, Sell, Release, 
Enc--- and Confirm to the Commissioners of the Loan-Office of the County of Hunterdon 
and their Successors and Assigns forever, all that Tract of Land Farm & plantation 
Situate Lying & being in the Township of Hopewell & is Butted & Bounded as follows 
Viz. Beginning at a stone in the out Side line & his for a Corner between the land of the 
sd John Phillips & John McGloughlin & Joyce his wife then North thirteen Chains & a 
half to apost then No West four Chains & Eighty links to a hickory tree then North S—
Deg. West twenty chains to a post thence West four Chains & Eighty links to a post then 
So Sixty Degs. West four chains and a half to a black oak then W Eighteen Chains & a 
half to a water beach then So Seventy Degs. West nineteen chains to a black oak then So 
forty f-- Degs. East thirty three Chains & a half to a post then East Chains to the first post 
containing one hundred & twenty acres of Land
Together with all and all Manner of Woods, Under-Woods, Trees, Mines, Minerals, 
Quarries, Hawkings, Huntings, Fowlings, Fishings, Buildings, Fences, Improvements, 
Hereditaments and Appurtenances whatsoever to the same belonging, or in any ways 
appertaining; and all the Estate, Right, Title, Interest, Possession, Property, Claim and 
Demand of the said John Phillips and his Hiers to the above bargained premises and 
every Part thereof, to HAVE and to HOLD the above bargained Premises, and every Part 
thereof, with the Appurtenances, to the Commissioners of the Loan Office of the County 
of Hunterdon and their Successors ad Assigns forever, to the Uses and Purposes 
mentioned in an Act of the General Assembly of this Province, pass’d in the Seventh 
Year of His Majesty’s Reign, Entitled, An Act for making Forty Thousand Pounds in 
Bills of Credit.  And the said John Phillips for himself his Heirs, Executors and 
Administrators doth Covenant, Grant, Bargain and Agree to and with the Commissioners 
of the Loan-Office of the County of Hunterdon and their Successors, That at and before 
the Time of the Sealing and Delivery hereof, he the said John Phillips stood lawfully 
seized of the above bargained Premises of a good, sure, perfect and indeseizable Estate of 
Inheritance in the Law, in Fee-Simple, and that the same then were free and clear of all 
former and other Gifts, Grants, Bargains, Sales, Leases, Releases, Judgments, Extents, 
Recognizances, Dowers, Entails and other Incumbrance in the Law whatsoever.  
Provided always and these Presents are upon this Condition, That the said John Phillips 
his Heirs, Executors, Administrators or Assigns do pay or cause to be paid to the 
Commissioners of the Loan office of the County of Hunterdon the above Sum of Twenty 
pounds in the Proportions and at the Times following (To wit) The Sum of Twenty five 
Shillings on the Twenty-fifth Day of March, One Thousand Seven Hundred and Thirty-
eight.  And the Sum of Twenty five Shillings on the Twenty-fifth Day of March, One 
Thousand Seven Hundred and Thirty-nine. And the Sum of Twenty five Shillings on the 
Twenty-fifth Day of March, One Thousand Seven Hundred and Forty. And the Sum of 
Twenty five Shillings on the Twenty-fifth Day of March, One Thousand Seven Hundred 
and Forty-one. And the Sum of Twenty five Shillings on the Twenty-fifth Day of March, 
One Thousand Seven Hundred and  Forty-two. And the Sum of Twenty five Shillings on 
the Twenty-fifth Day of March, One Thousand Seven Hundred and Forty-three. And the 
Sum of Twenty five Shillings on the Twenty-fifth Day of March, One Thousand Seven 
Hundred and Forty-four. And the Sum of Twenty five Shillings on the Twenty-fifth Day 
of March, One Thousand Seven Hundred and Forty-five. And the Sum of Twenty five 
Shillings on the Twenty-fifth Day of March, One Thousand Seven Hundred and Forty-
six. And the Sum of Twenty five Shillings on the Twenty-fifth Day of March, One 
Thousand Seven Hundred and Forty-eight. And the Sum of Twenty five Shillings on the 
Twenty-fifth Day of March, One Thousand Seven Hundred and Forty-nine. And the Sum 
of Twenty five Shillings on the Twenty-fifth Day of March, One Thousand Seven 
Hundred and Fifty. And the Sum of Twenty five Shillings on the Twenty-fifth Day of 
March, One Thousand Seven Hundred and Fifty-one. And the Sum of Twenty five 
Shillings on the Twenty-fifth Day of March, One Thousand Seven Hundred and Fifty-
two. And the Sum of Twenty five Shillings on the Twenty-fifth Day of March, One 
Thousand Seven Hundred and Fifty-three;  and shall at every of the said Term of 
Payment, according to the true Intent and Meaning of the said Act of General Assembly 
of this Province, Then the above Grant, Bargain, and Sale, and every Article and Clause 
thereof shall be void;  But if Failure is made in any of the payments above mentioned, 
then the above Bargain and Sale is to remain in full Force and Virtue.  And the said John 
Phillips for himself his Heirs and Assigns doth agree to be absolutely barred of all Equity 
of Redemption of the Premises, within Thirty Days after such Failure,  And the said John 
Phillips for himself his Heirs, Executors and Administrators Doth Covenant, Grant, 
Bargain, Promise and Agree to and with the Commissioners of the Loan-Office of the 
County of Hunterdon and their Successors, Well and truly pay to them all and every the 
Sums of Money above-mentioned, at the Times on which the same ought to be paid as 
aforesaid; and the above-bargained Premises, upon the sale thereof, pursuant to the 
Directions of the said Act, will yeild the Principal and Interest aforesaid, remaining 
unpaid, at the Time of such Sale, together with the Charges for such Sale.  In Witness 
whereof the Parties to these Present Indentures have interchangeably set their Hands and 
Seals the Day and Year above-written.
								John Phillips
Sealed and Delivered in 
the Presence of
Abigail Neilson (her mark)