ACADEMY DUE BILLS.
Such of the merchants of this city as have been in the habit of issuing small Due Bills, for the convenience of Change, have resolved to withdraw them from circulation, in order to give place to a new emission which the Trustees of the Raleigh Academy are about to make. The Inhabitants have also generally determined not to receive in their dealings any Bank Notes of a less value than one dollar.
—Raleigh Register, April 13, 1807.
BLANK FORM OF DUE BILL.
No.
The Trustees of the Raleigh Academy, at the Office of Treasurer, promise to pay the bearer on demand, Ten Cents
April 25, 1807. President.
—Pittman Papers.
DUE BILL ACCOUNT.
J. Gales's Acct. of printed Due Bills, Sep. 26, 1808.
...................... 3/Bills ,,2/ 1/ .. 6d. 3d.
Before delivered................ 1000 2000 2680 3360 1680
Now delivered...................................... ...1320 ...2640 ..6600
............................................................. 4000 6000 . 8280
By J. Gales—being the proper number of each denomination to be printed except the 3d. bills, of which 280 more are printed than was ordered.
—From Pittman Papers.
DUE BILL ACCOUNT.
Gales & Seaton send Mr. Peace the 16,000 3d Due Bills ordered, and 161 over that number. Perhaps some few may be found spoiled.
March 21, 1811. |
|
|
|
Due Bills printed |
|
Mar. 28, 1811. |
|
|
|
D |
Cts |
|
32.267 3d Bills |
|
806 |
67½ |
|
8,010 6d do |
|
400 |
50 |
|
4,014 1s do |
|
401 |
40 |
|
2,826 1/6 do |
|
423 |
90 |
|
1,638 2/6do |
|
409 |
50 |
|
|
|
2441 |
97½ |
|
Gales & Seaton send Mr. Peace |
|
8010 |
6d |
Due Bills |
|
4014 |
1/8 |
do |
|
|
2826 |
% |
do |
|
|
1638 |
% |
do |
|
|
Perhaps Mr. Peace may find a few Bills torn or otherwise unfit to be issued. If so, he can lay them aside, and have them deducted. April 6, 1811.
—From Pittman Papers.
DUE BILL ACCOUNT
Beverly Daniel
In an account with William Peace, Treasurer of the Raleigh Academy Drs.
1811.
March 26 To amount due Bills received.............. $1,174.50
Cr ---------------
Bv amount of receipts for money received on account
Bills sold...................................... $815.50
1811.
Novr 15th By Bills paid over to William Shaw agreeably
to the order of the Board of Trustees...... 207.37½
By cash on hand.......................... 147.62½
By one counterfeit 40/ Bill................. 4.00
$1,174.50
Bev Daniel.
Recd the 18th day of November 1811 of Beverly Daniel two hundred & Seven dollars and thirty-seven & half cents in Raleigh Academy due Bills—for the purpose of putting into circulation.
Wm Shaw.
—Pittman Papers.
DUE BILL ACCOUNT.
March 27th 1813 Reed, of Wm. Shaw for signing, the following parcels of Due bills (to wit) :
5 qurs. of 10 sheets—32 bills p sheet 1600 of 25cts $400
5 qurs. of 10 " " 1600 — 20cts 320
5 qurs. of 10 " " 1600 — lOcts 160
880
—From Pittman Papers.
DUE BILL ACCOUNT.
30 Deer 1815—A list of moneys arising from the Issue of Due bills and accounted for this day to W. Peace esqr Treasurer viz
in Cash as per list..............................$1094
Warrants viz Miss Nye........................ 125
John Marshall ............................... 250
Revd. Wm McPheeters........................ 150
Mr Mangum........................... 100
Revd Wm McPheeters........................ 300
$2019
Cash paid for Razed Bills returned to me and this day handed over to Mr Peace.................. 67 12%
2086.12½
30th Decr
A list of money paid over to Willm Peace esqr by Wm Shaw reed from Issue of Due Bills for 1815
Viz one note of $100 is...................... $100
3 of 50 is...................... 150
1 of 30 is...................... 80
4 of 20 is...................... 80
50 of 10 is...................... 500
36 of 5 is...................... 180
8 of 4 is...................... 32
1 of 3 is...................... 3
4 of 2 is...................... 8
11 of 1 is...................... 11
1094
2 off
1092
List of Packages of Worn out Acad.y due Bills redeemed during the Year 1815.
to wit.
Packet No.
1............................$ 98.80
2............................ 85.15
3............................ 45.15
4............................ 66.85
5............................ 77.72½
6............................ 44.67½
7............................ 36.22½
8............................ 34.00
9............................ 39.15
10............................ 38.62½
11............................ 21.17½
12............................ 13.—
13............................ 4.97½
$600.50
Reed, from W Shaw
to wit
No. 14............................$67.12½
15............................... 6.
16............................... 1.52½
17................................. 11.67½ 86.32½
$686.82½
—Pittman Papers.
DUE BILLS REDEEMED.
William Peace Esq 8th Jany 1818
I here enclosed send three Due bills on the Raleigh Academy to which your Name is assigned as Treasurer to the Amount of 45 cents, and wish you to remit by Mail the Amount in Treasury Notes And oblige your unknown friend etc. etc. Jesse H. Drake.
Dear Sir City of Raleigh 22nd Jany 1818
I have to acknowledge as agent of the Trustees of the Raleigh Acady. the rect. of your letter of the 8th instant inclosing three due bills purporting to be issued by the Trustees of said Acad.y—to wit 2. 10 cts. bills which are good & which is detained for postage, the postage being 20 cts,—and 1—25 cts. bill which is counterfeit & which I herewith return you inclosed,—I should have agreeably to your instructions wrote you immediately by mail but, for the sake of economy,—I thought it not just to tax you with the postage of a letter which would neither profit you nor myself, & have therefore embraced a private conveyance.
Respectfully
Your obt. Servt.
Wm. Peace
Mr. Jesse H. Drake
Philips' Store Nash Cty. N. Carolina
—From Pittman Papers.
(Source: North Carolina Schools and Academies, 1790-1840, By Charles L. Coon 1914)
