JOHN MYLROI to WILLIAM FARGHER

Mortgage - 1858 (Lonan)

Know all men by these presents that John Mylroi of the parish of Lonan is held out and firmly bound unto William Fargher of Gretch Voar in the said parish of Lonan in the sum of three hundred pounds sterling to the payment whereof with interest at and after the rate of five per cent per annum and all costs and charges unto the said William Fargher, his executors, administrators and assigns the said John Mylroi binds himself, his heirs, executors, and administrators firmly by these presents and for the better security of the said William Fargher, his executors, administrators and assigns in the repayment of the said principal sum of three hundred pounds with interests, costs and charges

Further know ye that the said John Mylroi by and with the consent of Ellen his wife testified by her becoming a party and executing these presents hath given, granted, transferred and passed over as security and by these presents doth give grant, transfer and pass over in security unto the said William Fargher all and singular that estate and those lands and premises situate in the said parish of Lonan called and known by the name of Ballacosney to which the said John Mylroi is entitled under a Deed of Settlement from his father James Mylroi also all and singular certain lands adjoining the said estate of Ballacosney called and known by the name of Croughan’s Croft to which the said John Mylroi became entitled by Deed of Sale from Richard Rowe dated the twenty-fifth day of July instant also a certain meadow adjoining the said properties purchased by the said John Mylroi from James Hudgeon to have and to hold the said estates, lands, and premises with the appurtenances thereunto severally………….. amount of these Deed after the expiration of the required notice for payment he and they shall have a right to sue out execution or judgement against the said John Mylroi, his heirs and assigns for the amount of the said incumbrance and by virtue thereof make sale and dispose by public auction of the whole or a part of the property hereby given in security for the purpose of paying off and discharging the amount of principal, interest, costs and charges then due and owing upon this Deed and the officer of the law holding such execution or judgement is hereby empowered to make and deliver a good and sufficient title and titles to the premises so sold and disposed of and the said John Mylroi doth hereby for himself, his heirs, executors and administrators covenant and engage to and with the said William Fargher, his executors, administrators and assigns that he the said John Mylroi hath good right, full power and lawful authority to charge and encumber the said estates, lands and premises in manner aforesaid and that he and they shall and will defend the said William Fargher, his executors, administrators and assigns from and against the claim, challenge and demand of all and every person or persons whomsoever. And for the true and faithful performance hereof the said John Mylroi binds himself, his heirs, executors and administrators firmly by these presents. As witness whereof he hath hereunto subscribed his name this thirty-first day of July one thousand, eight hundred and fifty-eight. John Mylroi his mark X, Elleanor Mylroi

Signed and delivered in presence of Robert Vallance, James Spittall

At Douglas the 31st July 1858 John Mylroie and Elleanor Mylroie the executing parties to the foregoing Deed who have been identified to me by the oath of James Spittall acknowledged the same to be their proper act and deed. Before me Stenhouse Wilson

Registry Office 31st July 1858 I certify that the foregoing Deed was this day at the hour of four o’clock afternoon received by me at this Office for the purpose of being registered and recorded according to law and that the same is entered in the Requisition Book 2 page 288 No 2872. H.B.Watts, D. Registrar

Registry Office Dec 1865

Cancelled by virtue of the annexed receipt. By me H.B.Watts D. Reg

Know all men by these presents that William Fargher of the parish of Lonan, farmer, does hereby own and acknowledge to have received of John Mylroie of the said parish, farmer, the principal, interest, costs and charges due and open and owing upon a Deed of Bond and Security passed by the said John Mylroie to the said William Fargher for the sum of three hundred pounds dated the thirty-first day of July one thousand, eight hundred and fifty-eight and secured upon all and singular the estate of Ballacosney in the said parish of Lonan more particularly described in and by the said Deed and the said William Fargher does therefore hereby desire that the said Deed of Bond and Security bearing date as aforesaid may be and stand cancelled upon record. As witness his name this ninth day of December one thousand, six hundred and sixty-five. William Fargher

Signed and delivered in presence of Claude Cannell, Matthew M. Bridson

At Douglas the 9 December 1865 Matthew M. Bridson one of the witnesses to the foregoing receipt (who is personally known to me) made oath on the Holy Evangelist that William Fargher the executing party thereto duly signed the same in his presence and in presence of Claude Cannell the other witness. Before me ……………….. High Bailiff of Douglas

[Ref: July 1858 #47]

NOTES

  1. COLBY - Ballacosney
  2. John Mylroie was the oldest son of James Mylroie jnr & Ann Kewley
  3. He was baptised 1826, and married Elleanor Fargher in Lonan in 1852
  4. There were 7 children: John James 1853, William Henry 1854, Thomas Arthur 1855, Frederick 1858, Edward George 1861-1861, Richard Fargher 1864-1884 & Elleanor Ann 1865
  5. John's grandfather, James snr, had settled the family's Ballacosney estate onto James jnr in 1828 and James jnr then settled the estate onto John in 1853, a year after his marriage to Ellinor Fargher
  6. In 1853, John took a mortgage for £50 from Robert Kelly, who might have been his uncle as his father's sister, Eleanor, had married a Robert Kelly. The debt was repaid in 1861
  7. In 1858 John took a mortgage for £300 from William Fargher, and enormous sum for the day and Ballacosney was put up as security
  8. Unfortunately he made no headway with his debt and remortgaged with William Fargher 1865 when the amount owed had risen to £364/17/-
  9. It was also not the end of the family's endebtedness to William Fargher
  10. In 1876 John died at the age of 50, just two years after his father, leaving his 23 year old son, John James, as heir at law
  11. John's grandson, John Isaac Mylroie, eventually sold the estate in 1908 when the estate was heavily encumbered to the tune of £556/14/6 because of the mortgages taken by John Mylroie
  12. Thus Ballacosney was gone from the Mylroie family forever

Associated Documents

Last updated: May 2015