Oct 26, 2023 - Sale 2650

Sale 2650 - Lot 28

Price Realized: $ 3,250
?Final Price Realized includes Buyer’s Premium added to Hammer Price
Estimate: $ 700 - $ 1,000
SENDING AN ACCOUNT OF DEBT INCURRED FROM HIS FAILED PLANTATION WAYNE, ANTHONY. Autograph Letter Signed, "Anth'yWayne," to South Carolina merchant Adam Tunno, sending a statement (written in holograph beginning on terminal page) showing the amount in Florins that Wayne's Amsterdam creditors declined to advance him in order to pay Edward Penman (the amount from "Protested Bills [of exchange]") and the interest accrued on the debt since 1785 as well as the total amount outstanding, suggesting that he contact [Edward] Rutledge for payment in bonds, and requesting that he register the fulfillment of the obligations specified in the suits filed against Wayne. 4 pages, small 4to, written on a folded sheet (accounting written inverted on terminal page and its verso); faint scattered bleedthrough, horizontal folds. Savannah, 20 April 1791

Additional Details

"Inclosed is a Statement of Account, which if agreeable to you may be immediately settled, by an order to Mr. Rutledge to deliver the Bonds mentioned, into your hands . . . as soon as Mr. Potts sends forward the required proof & documents to Mr. Ed: Penman; . . . it will be necessary for you to execute a Power of Attorney to enter satisfaction upon each & every of the Judgments obtained against me in the Courts of Law in the State of Pennsylvania, & to give me up the several Bills of Exchange mentioned in your Statement, with receipts thereon, together with your Note of hand, or an approved Carolina Bond equal in value to the Balance."
In 1785, Wayne engaged Edward Penman to purchase slaves for him from Samuel Potts in Southampton, GA, Adam Tunno in Charleston, SC, and others. Wayne's intention was to build a rice plantation near Savannah, GA, on land given to him by the state General Assembly in exchange for his services during the Revolutionary War. The venture failed, and the Penman family filed suit against Wayne to recover the money. His debts were not settled until 1791, by which time Wayne had become a representative in the U.S. Congress and his debtors had agreed to accept land in lieu of the money he owed.