DANIEL MYLREA (HEYWOOD, MYLREA & CO) to WILLIAM COWLEY

MORTGAGE - 1788 (Braddan)

Know all men by these presents that I William Cowley of the town Douglas hereby own and acknowledge myself to be and stand justly endebted to Messrs Heywood, Mylrea and company of the town of Douglas aforesaid merchants in the sum of two hundred and ten pounds British sterling to the payment whereof together with the interest thereof from the date hereof at the rate of five pounds for a hundred pounds by the year well and truly to be made unto the said Heywood, Mylrea & Co their executors, administrators and assigns at the end of twelve months from the day of the date hereof I the said William Cowley do bind and oblige myself my heirs, executors, administrators and assigns in the payment of the sum of two hundred and ten pounds and interest I the said William Cowley and Isabel Cowley als Craine do hereby give, grant and make over by way of security (for the payment of the said principal money and interest with the costs and charges) unto the said Heywood, Mylrea & Co all and singular that our dwelling house situate at the upper end of the town of Douglas aforesaid together with the outhouses, offices, backsides and garden to the same belonging and adjoining being the whole of our concerns in Douglas aforesaid together with all ways, waters, watercourses, easements, liberties, rights, members and appurtenances to the same belonging or appertaining and all and singular that smack, sloop or vessel called the George and Bella (one half or moiety of the said vessel being purchased by me this day from Heywood, Mylrea & Co) together with all her masts, sails, rigging, anchors, cables, small boat and materials to have and to hold unto them the said Heywood, Mylrea & Co their executors, administrators and assigns the said hereby made over and assigned premises until the said principal money of two hundred and ten pounds British and the interest, costs and charges shall be fully paid and satisfied and we the said William Cowley and Isabella my wife aforesaid do hereby for ourselves and our heirs, executors and administrators covenant and grant to uphold, awarrant and defend the said premises hereby granted in security unto them the Heywood, Mylrea & Co their executors, administrators or assigns against the claim, challenge and demand of all persons whomsoever and for the true and faithful performance of these presents we the said William Cowley and Isabella my wife aforesaid do hereby bind and oblige ourselves and our heirs, executors and administrators in and under the penalty of four hundred and twenty pounds British aforesaid. As witness our hands this 19th day of November 1788. William Cowley my mark X, Isabella Cowley als Craine my mark X

Signed and delivered in presence of Richard Clague, Richard Comish

9th May 1789 William Cowley and Isabel Cowley als Craine his wife acknowledged the foregoing Bond and Security to be their proper act and deed and that the consideration money therein mentioned has been paid. Before me John Cosnahan

At a Court of Common Law holden at Castle Rushen the 11th day of May 1789 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 ordered to be enrolled upon record. Thomas Moore Rolls Office

11th May 1789 a true copy of the before written Deed of Mortgage or Bond and Security is enrolled upon record by John Quayle ER?

[Ref: CTD/Easter 1789 #2]

NOTES

  1. Daniel Mylrea was the son of Thomas Mylrea & Rose Savage, and baptised Peel 1750
  2. His was the Deemster/Archdeacon/Attorney General line of Mylreas; once possessors of the Dollough estate
  3. He became a wealthy man at age 25 when he sold off the Dollough, the Mylrea family estate in Ballaugh left to him by his bachelor uncle, Daniel Mylrea (Deemster)
  4. Daniel was in business in Douglas with Robert Heywood, his brother-in-law, and John Taubman snr
  5. These men were both of the Deemster families of the Isle of Man
  6. Daniel & Robert Heywood were recorded as shipowners, in 1781, importing goods to Liverpool from Barbados (Ref:Wilks)
  7. Heywood, Mylrea & Co were also money lenders, as this and a subsequent mortgage with Cowley shows

Associated Documents

Last updated: Mar 2017