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Andrew Jackson Indenture Agreement

 Collection
Identifier: MS-1137

This collection consists of a document concerning a land speculation indenture agreement involving Andrew Jackson, Pierce Butler, and David Allison. While it initially seems that Jackson and Pierce owe Allison money, the latter half of the document seems to address the stipulations of Butler's failure to pay this debt as well as further settlements between Butler and Allison.

Dates

  • 1798 May 17

Language

The material in this collection is in English.

Conditions Governing Access

Collections are stored offsite, and a minimum of 2 business days are needed to retrieve these items for use. Researchers interested in consulting any of the collections are advised to contact Special Collections.

Conditions Governing Use

The copyright interests in this collection remain with the creator. For more information, contact the Special Collections Library.

Extent

0.1 Linear Feet (1 folder )

Abstract

This collection consists of a single document from May 17, 1798 detailing a land speculation indenture agreement between Andrew Jackson, Pierce Butler, and David Allison.

Biographical/Historical Note

Andrew Jackson was the seventh President of the United States, serving from 1829 to 1837. Born in 1767 in the frontier settlement of the Waxhaws in South Carolina, Jackson moved to Salisbury, NC in 1784 and received his license to practice law in 1787, beginning his practice in North Carolina's Western District in Washington County (now a part of Tennessee). In October 1788, he moved to Nashville where he met his wife Rachel. After serving as the major general of the Tennessee militia for twenty years and earning recognition as a military leader in the War of 1812, Jackson was elected to the U. S. Senate in 1823 and to the presidency in 1828. After serving two terms as president, Jackson returned to the Hermitage, his Nashville home, in early 1837. Eight years later, in 1845, Jackson died at his home at the age of 78.

Pierce Butler was a South Carolina senator from County Carlow, Ireland. He was born in 1744. In 1771 he married Mary Middleton, a daughter of a wealthy man from South Carolina. He became a Whig when the American Revolution began and was an adjutant general in the South Carolina Army. Butler won an election to Congress and the Constituitional Convention in 1787. He also served in the US Senate from 1789 to 1796 and also from 1803 to 1804. After his political career he spent his time as a planter. Butler died on February 15, 1822.

David Allison was a Philadelphia merchant who bought land from Andrew Jackson. However, the bank notes that Allison gave Jackson for payment were not valid because Allison went bankrupt. Therefore, when Jackson tried to use the same bank notes several years later, they were declined. This financial trouble caused by Allison caused Jackson much embarrassment and put him in a large amount of debt. Allison died while in debtor's prison on Septemer 28, 1798.

Arrangement

This collection is in one folder.

Repository Details

Part of the Betsey B. Creekmore Special Collections and University Archives, University of Tennessee, Knoxville Repository

Contact:
University of Tennessee, Knoxville
Knoxville TN 37996 USA
865-974-4480