1898 Wilmington race riot report - Page 425 |
Previous | 425 of 507 | Next |
|
small (250x250 max)
medium (500x500 max)
Large
Extra Large
large ( > 500x500)
Full Resolution
All (PDF)
|
This page
All
|
396
that he improved the property by constructing a building. Kennedy sold other tracts at a
loss, such as part of lots 2 and 3 in Block 250 that he bought for $ 150 in April 1891 and
which he sold to Capt. John Barry for $ 100 in September 1902.4
A few owners essentially transferred their property as gifts. For instance, barber
Louis H. Peterson obtained parts of lots 2 and 3 in Block 187 in July 1898 for $ 500. On
December 2, 1904, Peterson presented the tract to Justin M. Bunting, a white Wilmington
bookkeeper and manager, for $ 1 and other valuable considerations, a relatively common
practice. Another example of a land bequest occurred between Delia and Maria Wade.
On July 28, 1892, Delia Wade, a cook, purchased a parcel of land in Block 80 for $ 100.
In March 1899, she gave the land to Maria Wade, presumably a relative, for $ 1.5
Of the thirty- five deeds examined in detail, ten were sold for loss and fifteen for
gain. Analysis indicated a high number of mortgages. Of thirty- five people, seventeen
had mortgaged thirty tracts. Sometimes the property was mortgaged more than once. Dr.
Thomas R. Mask had the most mortgages ( five) with one loan for $ 300; another for $ 900,
and three for $ 1,000. Both financial institutions and individuals provided loans. The
mortgage deeds indicated none of the borrowers defaulted on their loans. 6
4 Book 16, p. 196 ( microfilm), New Hanover County Deeds, State Archives, Raleigh; Directory of
Wilmington, N. C., 1897 ( Richmond, Va.: J. L. Hill Printing Co, 1897), 180 and 254; Book 25, p. 554
( microfilm), New Hanover County Deeds, State Archives, Raleigh; Book 8, p. 85 ( microfilm), New
Hanover County Deeds, State Archives, Raleigh; Book 38, p. 618, New Hanover County Deeds, State
Archives, Raleigh; Book 7, p. 147 ( microfilm), New Hanover County Deeds, State Archives, Raleigh;
Book 34, p. 609 ( microfilm), New Hanover County Deeds, State Archives, Raleigh.
5 Directory of Wilmington, N. C., 1900 ( Richmond, Va.: J. L. Hill Printing Co, 1899), 57, 163, and 195;
Book 23, p. 239 ( microfilm), New Hanover County Deeds, State Archives, Raleigh; Book 43, p. 187
( microfilm), New Hanover County Deeds, State Archives, Raleigh; Directory of Wilmington, N. C., 1897 ( J.
L. Hill Printing Co., 1897), 245; Book 10, p. 301 ( microfilm), New Hanover County Deeds, State Archives,
Raleigh; Book 24, p. 636 ( microfilm), New Hanover County Deeds, State Archives, Raleigh.
6 Book 28, p. 72 ( microfilm), New Hanover County Deeds, State Archives, Raleigh; Book 42, p. 303
( microfilm), New Hanover County Deeds, State Archives, Raleigh; Book 44, p. 531 ( microfilm), New
Hanover County Deeds, State Archives, Raleigh; Book 37, p. 366 ( microfilm), New Hanover County
Deeds, State Archives, Raleigh; Book 33, p. 354 ( microfilm), New Hanover County Deeds, State Archives,
Object Description
Description
| Title | 1898 Wilmington race riot report - Page 425 |
| Pres Local File Path-M | \Preservation_content\StatePubs\pubs_borndigital\images_master\ |
| Full Text | 396 that he improved the property by constructing a building. Kennedy sold other tracts at a loss, such as part of lots 2 and 3 in Block 250 that he bought for $ 150 in April 1891 and which he sold to Capt. John Barry for $ 100 in September 1902.4 A few owners essentially transferred their property as gifts. For instance, barber Louis H. Peterson obtained parts of lots 2 and 3 in Block 187 in July 1898 for $ 500. On December 2, 1904, Peterson presented the tract to Justin M. Bunting, a white Wilmington bookkeeper and manager, for $ 1 and other valuable considerations, a relatively common practice. Another example of a land bequest occurred between Delia and Maria Wade. On July 28, 1892, Delia Wade, a cook, purchased a parcel of land in Block 80 for $ 100. In March 1899, she gave the land to Maria Wade, presumably a relative, for $ 1.5 Of the thirty- five deeds examined in detail, ten were sold for loss and fifteen for gain. Analysis indicated a high number of mortgages. Of thirty- five people, seventeen had mortgaged thirty tracts. Sometimes the property was mortgaged more than once. Dr. Thomas R. Mask had the most mortgages ( five) with one loan for $ 300; another for $ 900, and three for $ 1,000. Both financial institutions and individuals provided loans. The mortgage deeds indicated none of the borrowers defaulted on their loans. 6 4 Book 16, p. 196 ( microfilm), New Hanover County Deeds, State Archives, Raleigh; Directory of Wilmington, N. C., 1897 ( Richmond, Va.: J. L. Hill Printing Co, 1897), 180 and 254; Book 25, p. 554 ( microfilm), New Hanover County Deeds, State Archives, Raleigh; Book 8, p. 85 ( microfilm), New Hanover County Deeds, State Archives, Raleigh; Book 38, p. 618, New Hanover County Deeds, State Archives, Raleigh; Book 7, p. 147 ( microfilm), New Hanover County Deeds, State Archives, Raleigh; Book 34, p. 609 ( microfilm), New Hanover County Deeds, State Archives, Raleigh. 5 Directory of Wilmington, N. C., 1900 ( Richmond, Va.: J. L. Hill Printing Co, 1899), 57, 163, and 195; Book 23, p. 239 ( microfilm), New Hanover County Deeds, State Archives, Raleigh; Book 43, p. 187 ( microfilm), New Hanover County Deeds, State Archives, Raleigh; Directory of Wilmington, N. C., 1897 ( J. L. Hill Printing Co., 1897), 245; Book 10, p. 301 ( microfilm), New Hanover County Deeds, State Archives, Raleigh; Book 24, p. 636 ( microfilm), New Hanover County Deeds, State Archives, Raleigh. 6 Book 28, p. 72 ( microfilm), New Hanover County Deeds, State Archives, Raleigh; Book 42, p. 303 ( microfilm), New Hanover County Deeds, State Archives, Raleigh; Book 44, p. 531 ( microfilm), New Hanover County Deeds, State Archives, Raleigh; Book 37, p. 366 ( microfilm), New Hanover County Deeds, State Archives, Raleigh; Book 33, p. 354 ( microfilm), New Hanover County Deeds, State Archives, |
