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1871 April 20 Letter to the Union Pacific Railroad

Title

1871 April 20 Letter to the Union Pacific Railroad

Description


An outline of the terms of a financial agreement, specifying the repayment details and collateral involved.

Type

Correspondence

Sender

Brigham Young

Recipient

Union Pacific Railroad

Date

1871 April 20

Location

Salt Lake City, Utah

Subject

Railroad
Financial Matters

654

Salt Lake City, U.T.
April 20. 1871.

Two years after date I promise to pay to the order of the Union Pacific Rail road Company, at its office in Boston, Mass. Twenty five Thousand Dollars for Value received, with interest from date, payable semi-annually at rate of nine (9) per cent. per annum, having deposited in hands of Treasurer, Forty (40) Utah Central Rail Road Bonds as collateral which are to be returned upon payment of this note
$25,000

Brigham Young