JOHN MYLROIE to WILLIAM FARGHER

Mortgage - 1874 (Lonan)

Know all men by these presents that John Mylroie of Ballacosney in the parish of Lonan, farmer, doth own and acknowledge himself to be endebted unto William Fargher, formerly of Gretch Voar and now of North Baldrine in the said parish, yeoman, in the full and just sum of one hundred and eighty-five pounds to the payment whereof with interest thereon at the rate of five and one half per cent per annum payable yearly reducible nevertheless to, and payable at, the rate of four and one half per cent per annum if paid punctually as the same becomes due or within two months thereafter and all costs and charges attending the same well and truly to be made to the said William Fargher, his executors, administrators or assigns at the expiration of three previous months calendar notice to be given in writing by either of the said parties to the other the said John Mylroie doth hereby bind and oblige himself, his heirs, executors, administrators and assigns firmly by these presents and for the further and better security of the said William Fargher, his executors, administrators and assigns in the payment thereof

Further know ye that the said John Mylroie and Ellenor Mylroie otherwise Fargher have granted, conveyed and made over and by these presents do grant, convey and make over unto the said William Fargher all and singular the lands situate in Lonan part of the Ballacosney Quarterland or Intack a portion of which said lands are at present in the possession of the said John Mylroi and the other portion whereof he is entitled to on the death of his mother Ann Mylroi also all and singular two other portions of the said estate of Ballacosney purchased respectively from Richard Rowe and James Hutchin the whole of the said property being bounded on the north and east by Ballagare the property of Miss Grice, on the south by the property of John Kewley, on the north west by the lands of Joseph Mylroi, and on the west by the property of John Clague and also all the other lands and tenements belonging to the said John Mylroi wheresoever situated in the said parish of Lonan with all ways, waters, watercourses, easements, rights and appurtenances thereto belonging to have and to hold the said premises and every part thereof unto the said William Fargher, his executors, administrators and assigns in security until the said principal sum of one hundred and eighty-five pounds and all interest, costs and charges to accrue thereon shall be fully paid and satisfied. In witness whereof the said John Mylroi and his said wife have hereunto subscribed their names this fourteenth day of November one thousand, eight hundred and seventy-four. John Mylroi his X mark, Allenoby Mylorie

Signed and delivered in presence of Wm Clarke, John Moore (Ballabeg), Rich. Sherwood

At Douglas 14 November 1874 William Levett Clarke one of the witnesses to the foregoing Instrument who is known to me made oath that John Mylroie and Ellinor Mylroie the parties thereto duly executed the said Deed after the same had been read over to them in his presence and in presence of John Moore and Richard Sherwood the other witnesses. Before me Samuel Harris, High Bailiff of Douglas

Registry Office 4th day of November 1874 I certify that the foregoing Deed was this day at the hour of three 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 duly registered and recorded in the Requisition Book 8 page 79 No 1024. Samuel Harris, D. Registrar

Registry Office 8 May 1901 In assignment from John Fargher, executor of William Fargher, to Margaret Fargher dated 8 May 1901 ... this day transferred in May 1901 No 77. Frank J. Johnson, D.R.

Whereas the said John Mylroie and Ellenor Mylroie otherwise Fargher his wife of Ballacosney in the parish of Lonan did on the fourteenth day of November one thousand, eight hundred and seventy-four grant and pass their Deed of Bond and Security unto William Fargher formerly of Gretch Voar and then of North Baldrine, yeoman, for the principal sum of one hundred and eighty-five pounds repayable with all interest and charges and secured upon all and singular those lands situate in the parish of Lonan part of Ballacosney Quarterland or Intack a portion of which said lands were then in the possession of the said John Mylroie and the other portion whereof he was entitled to on the death of his mother Ann Mylroie, also all and singular two other portions of said estate of Ballacosney purchased respectively from Richard Rowe and James Hutchin, the whole of the said property being more particularly described as to boundaries in the Deed in recital and also all other lands and tenements belonging to the said John Mylroie wheresoever situate in the said parish of Lonan to hold to the said William Fargher, his executors, administrators and assigns until repayment of the said principal sum with all interest, costs and charges aforesaid and whereas the said William Fargher died on the 25th day of November 1882 leaving a will dated the 8th day of April 1882 probate of which was on the 26th day of April 1883 granted to Isabella Fargher his widow the executrix in his said will named and whereas the said Isabella Fargher died on the 3rd day of May 1896 intestate without having fully administered the estate and effects of the said William Fargher deceased and whereas at a Court holden on the 15th day of April 1901 administration de bonis non with the said will annexed of the estate and effects of the said William Fargher was granted to John Fargher of Gretch Voar in the said parish of Lonan, farmer, and whereas by Deed of Assignment bearing date the eighth day of May one thousand, nine hundred and one the said John Fargher as such administrator aforesaid did assign and transfer to Margaret Fargher of North Baldrine in the said parish of Lonan, spinster, the residuary personal estate and effects of the said William Fargher deceased and in particular inter alia the said hereinbefore recited Deed of Bond and Security of the 14th day of November 1874 and whereas Robert Curphey of "Verona" in the borough of Douglas, gentleman, who is now the owner of the above described property has paid and discharged the full sum due under the said recited Deed and desires this Receipt to Cancel

Know all men therefore by these presents that the said Margaret Fargher doth hereby own and acknowledge to have received and been paid the full amount of principal, interest, costs and charges now due and owing under the said recited Deed of Bond and Security on the 14th day of November 1874 and in consideration thereof doth request that such Deed of Bond and Security be and stand cancelled upon record. In witness whereas the said Margaret Fargher hath hereto subscribed her name this 3rd day of April one thousand, nine hundred and eight (1908). Margaret her X mark Fargher

Signed and delivered in presence of Annie Mylechraine, W.M.Kerruish

At Douglas 6th April 1908 William Maltby Kerruish one of the subscribing witnesses to the foregoing Deed who is known to me appeared and made oath on the Holy Evangelist that Margaret Fargher the executing party thereto duly executed the same by affixing her cross mark after the same had been read over to her in deponent’s presence and in presence of Annie Mylechraine the other witness. Before me Frank J. Johnson, Reg of Deeds

[Ref: Nov 1874 #46 Lonan]

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 his son James jnr in 1828 and subsequently James jnr settled the estate onto John in 1853, a year after his marriage to Ellenor Fargher
  6. In 1853, John took a mortgage for £50 from Robert Kelly, who mght 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. In 1865, John settled the 1858 mortgage and took another mortgage with Fargher for £364/17/- on the same day. Clearly he was refinancing the 1858 mortgage
  8. This 1874 mortgage for £185 is in addition to the existing mortgage although the security offered is identical. As his father had died some months previously, perhaps his death allowed John Mylroie to claim greater equity in Ballacosney than had been possible in 1865
  9. In 1871John had pursuaded Fargher to release some land from the 1865 mortgage arrangements to give to the Primitive Methodist congregation
  10. In 1876 John died just two years after his father, leaving his son 23 year old son, John James, as heir at law, of a heavily encumbered Ballacosney
  11. John's grandson John Isaac Mylroie (the only son of John James) sold the estate in 1908 perhaps because the debt stood at £556/14/6 or perhaps simply because he had been born and raised in England and had no reall connection to the estate
  12. Ballacosney was gone from the Mylroie family forever

Associated Documents

Last updated: May 2015