DANIEL MYLREA from PHILIP COTTIER

MORTGAGE - 1782 (Peel)

Know all men by these presents that I Daniel Mylrea of Douglas in the Isle of Man, merchant, by and with the consent and approbation of Leonora Mylrea als Heywood my wife for and in consideration of the sum of sixty pounds good and lawful money currency of this Isle at, by and from the hands of Philip Cottier of Knocksherrey in KK German have given, granted, demised and mortgaged and by these presents do give, grant, demise and mortgage unto him the said Philip Cottier all and singular my moiety of that dwelling house in Peeltown wherein Mr George Savage now lives situate near the quay of that last mentioned town together with my moiety of the stables, offices, and yard to the said house belonging or in any wise appertaining and also my moiety of the cellars or other edifices of what kind or denomination so ever that may or do belong to me in the said town of Peel being the whole of the concerns in the said town of Peel which I hold jointly with Mrs Rose Mylrea otherwise Savage of the Kingdom of Ireland my mother with all ways, waters, watercourses, easements, liberties, lanes, lights, streets and passages and other appurtenances that may to the said premises hereby belong or in any wise appertain to have and to hold the herein and hereby mortgaged premises and every of them with their appurtenances aforesaid unto him the said Philip Cottier and 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 honourable Lord’s Rent with all boons, suits and services incumbent on the said premises and it is hereby understood that the said Daniel Mylrea, his heirs and assigns shall and 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 at the rate of one Manks shilling per pound currency aforesaid but upon failure or non-payment of the said principal sum of sixty pounds together with the interest thereof to the date of such repayment at the rate aforesaid and all costs and charges due and attending these presents shall be fully paid and satisfied and I the said Daniel Mylrea and Leonora my wife aforesaid do hereby covenant and agree to uphold and awarrant the hereby mortgaged premises unto him the said Philip Cottier, his executors, administrators and assigns against the claim or demand of any person or persons whatsoever and for performance of these presents I the said Daniel Mylrea and Leonora my wife do bind and oblige ourselves and our heirs, executors and administrators in and under the penalty of one hundred and twenty pounds to be levied and paid according to law. As witness our hands this 27th day of May 1782. Daniel Mylrea, Leonora Mylrea

Signed and delivered by Mr Daniel Mylrea aforesaid in presence of Richard Clague, Matthew Cowell

27th May 1782 I Daniel Mylrea the mortgagor in the before written Deed named do hereby acknowledge to be fully paid and satisfied the sum of sixty pounds mentioned in the said deed. Witness my hand this 27th day of May 1782. Daniel Mylrea, Leonora Mylrea

Witness Richard Clague

The above deed was signed and duly executed by Mrs Leonora Mylrea als Heywood this 11th June 1782 in presence of Richard Clague, Matthew Cowell

22nd September 1782 Daniel Mylrea and Leonora Mylrea als Heywood the executing parties to the within and above written Deed of Mortgage acknowledged the same to be their proper act and deed and to be paid the consideration money therein mentioned. Before me Robert Farrant

We the Setting Quest of the Lord’s land of KK German being required to settle the annual Lord’s Rent on the before and within written Deed of Mortgage having viewed the premises and do say that the rent on the premises is eight pence and this we give as our return. As witness our hands this 25th November 1782. John Gell, John Kaighin, Silvester Mylchreest, Hugh Shimin

At a Court Baron holden at Peeltown for the parishes of Patrick and German on the 25th day of November 1782 The before written Deed of Mortgage being acknowledged before the High Bailiff of Peel and now openly published in Court and no objection offered against it the same is therefore allowed of, for and in the name and behalf of the most noble John, Duke of Atholl, Lord of Mann and the Isles and confirmed by this Court. Robert Heywood

[Ref: NSM Oct 1782 #7]

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. Bythe late 1770s & early 1780s, Daniel was in partnership with his brother-in-law Robert Heywood, and John Taubman snr, and purchasing land associated with the Nunnery estate, along Douglas Harbour, in order to establish a herring house which they did so it is curious that Daniel took a mortgage for £60 on the family house. He had also, barely four years previously, sold the Dollough estate for about £3,000
  5. Daniel & Robert Heywood were recorded as shipowners, in 1781, importing goods to Liverpool from Barbados (Ref:Wilks); the firm of Heywood, Mylrea & Co were also money lenders as mortgages in 1788 & 1790 attest

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Last updated: Nov 2017