DANIEL MYLREA from JOHN, DUKE OF ATHOLL

MORTGAGE - 1795 (German)

Know all men by these presents that I Daniel Mylrea of the town of Douglas in the Isle of Man gentleman for and in consideration of the sum of one hundred and thirty-nine pounds ten shillings lawful British money to me in hand paid and satisfied at the execution of these presents at, by and from the hands of his Grace John, Duke of Atholl have given, granted, demised and mortgaged, and by these presents do give, grant, demise and mortgage unto him the said John, Duke of Atholl, all and singular that dwelling house in Peeltown wherein Mr George Savage now lives situate near the quay of the said last mentioned town together with the stables, offices and yards to the said house belonging or in any wise appertaining and also the cellars and other offices of what kind or denomination soever that may or do belong to me in the said town of Peel and also all and singular that parcel of Intack land belonging unto me situate at or upon the Moaragh in Ramsey of the chief rent of one shilling and eight pence thereabouts together with all ways, waters, watercourses, easements, liberties, lanes, lights, streets, passages and other appurtenances to the said premises hereby mortgaged belonging or in any wise appertaining to have and to hold the herein and hereby mortgaged premises and every of them with their appurtenances as aforesaid unto him the said John, Duke of Atholl, his executors, administrators and assigns for and during the term of five years fully to be complete and ended commencing from the date hereof yielding and paying therefore yearly and every year the Lord’s Rent with all boons, suits and services incumbent upon the said premises and it is hereby understood that the said Daniel Mylrea and his heirs and assigns shall or may hold possession of the said premises for and during the said term of five years commencing from the date hereof as aforesaid paying yearly and every year interest out of the said principal money at the rate of one Manks shilling out of the pound but in case of failure in the payment of the said interest yearly and every year as the same becomes due that then and in that case it shall and may be lawful to and for the said John, Duke of Atholl, his executors, administrators and assigns to enter upon the possession of the premises and take and receive the issues and profits of the same until payment of the said principal money with the interest, costs and charges and whereas one moiety of the premises are already charged with two mortgages viz the first to Phil Cottier of KK German and the other to John Jonathan Lee esq I do therefore authorize and empower the said John, Duke of Atholl, his administrators or assigns to pay off and discharge the said mortgages whenever he or they may so think proper and that the consideration money against the same shall begood lien charge and incumbrance on the premises hereby mortgaged and bear interest at the rate in the said Deed mentioned and I the said Daniel Mylrea do hereby covenant and agree to uphold and awarrant the hereby mortgaged premises unto the said John, Duke of Atholl and his heirs, executors, administrators and assigns against the claim, challenge or demand of all persons whomsoever save except the prior mortgages herein before mentioned and for the true and faithful performance hereof I the said Daniel Mylrea do hereby bind and oblige myself, my heirs, executors and administrators in and under the penalty of three hundred pounds lawful British money to be levied and paid according to law. As witness my name this the fourth day of November one thousand seven hundred and ninety-five 1795. Daniel Mylrea

Signed and delivered in presence of Richard Clague, John Kneal

Douglas 4th November 1795

Mr Daniel Mylrea acknowledged the foregoing Mortgage to be his proper and act and deed and to have received the consideration money therein mentioned. Before me John Lace

At a Baron Court holden at St John’s Chapel for Glenfaba Sheading the 14th day of April 1796 The before written Deed of Mortgage being acknowledged before the High Bailiff and now openly published in Court and no objection offered against it the same is therefore allowed of and ordered to be recorded for the benefit of all persons concerned. John Lace

At a Court Baron holden at Douglas for Glenfaba Sheading the 15th April 1796 The before written Deed of Mortgage being acknowledged before the High Bailiff and now openly published in Court and no objection offered against it the same is therefore allowed of and ordered to be recorded for the benefit of all persons concerned. John Lace

[Ref: NSM May 1796 #13]

NOTES

  1. Daniel Mylrea was the son of Thomas Mylrea & Rose Savage, and baptised Peel 1750
  2. His was the Deemster/Archdeacon/MHK/ Attorney General line of Mylreas; once possessors of the Dollough estate
  3. The dwelling being mortgaged was the one which Daniel inherited (in half shares with his mother) when his father died in 1759; the tenant, George Savage, was Daniel's uncle
  4. In 1777, Daniel sold off the Dollough estate for nearly £3,000 and went into business with his brother-in-law Robert Heywood, and John Taubman snr
  5. This is the third mortgage on the Peel house. The first to Philip Cottier for £60 in 1782 (only a few years after he sold off the Dollough), a second for £97/4/1 in 1785 to John Jonathan Lee (total = £159/4/1 + interest)
  6. In the current mortgage, Daniel is is borrowing £139/10/- from the Duke of Athol in 1795, to pay off two earlier mortgages on his share of the Peel house (Cottier & Lee) but this time he was able to mortgage the entire house (his mother had died in 1791). The house was the family home.
  7. About a week before this current mortgage, Daniel mortgaged his share of the Herring House business in Douglas to John Taubman snr his business partner. Two years later, Taubman foreclosed so Daniel lost the Herring House and other possessions contained in this mortgage
  8. In 1801, this property was advertised for rent with the words 'late the property of Lieutenant Daniel Mylrea'
  9. The piece of land mentioned "the Moaragh in Ramsey" also came to him in 1794, recorded in Lib Vast as having been owned in partnership between his father and Philip Moore jnr

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Last updated: Nov 2017