In February 1840, Baker made an arrangement with the Louisville firm of Quirey and Tyler to cover significant debt. In it he mortgaged almost all of his real estate in the county as well as considerable personal property.
Bullitt County Deed Book I, Pages 278-279
This indenture made and entered into this 28th day of February 1840 by and between John H. Baker and Nancy D. his wife of Bullitt County of the first part, and Charles Quirey and James E. Tyler, partners trading and doing business in Louisville, Kentucky under the name and style of Quirey & Tyler of the second part. Witnesseth that the parties of the first part for and in consideration of the sum of one dollar to them in hand paid, have bargained and sold and do hereby sell and convey to the said Quirey and Tyler, their heirs and assigns, forever the following tracts or parcels of land situate in Bullitt county, Kentucky, to wit: a tract on Salt River adjoining Shepherdsville and bounded as follows.
Beginning at two black walnuts and three mulberry saplings on the north bank of Salt River, thence North 79° East 240 poles to a red or black oak, elm and sweet gum saplings in a flat, thence South 6½° West 49 poles to a stake, corner to the grave yard, thence with a line of the same North 83° West 25 poles to another stake, thence South 6½° West 6 poles to another stake, thence South 83½° East 25 poles to a stake, thence South 6½° West 26 poles to a line of Peter Shepherd's 600 acre survey on the bank of Salt River, thence down the river and binding thereon with its meanders to the beginning containing 150 acres more or less. Also the 50 acre tract conveyed to the said John H. Baker by James D. Breckinridge and James Guthrie. Also the 250 acre tract below the town of Shepherdsville, one moiety of which was purchased from Cornelius Comyges by deed dated the 17 day of June 1835.
And also the divided half of the Dry Lick tract formerly owned by General Walton, which Dry Lick tract contained about 7880 acres and was sold by John Pope and wife to said Baker and Thomas Joyce, and for a better description thereof it is the same tract on which the said Baker has two blast furnaces now in operation, and all the furnaces, steam engines, water and steam rolling mills, grist and saw mills, forges, buildings, the tools and implements thereon and thereunto belonging. Also the following personality, to wit: nine horses, two brown, two bay, two roam, two grey and one bay with white spots, two mules, four yoke of oxen, two waggons, one cart, four plows, thirty axes, 14 beds, bedsteads and furniture, one side board, one secretary, one bureau, one eight day clock, two dozen chairs, five tables, two sets blacksmith tools, one pleasure carriage and harness, one set of gear for a six horse team, two writing desks, two pair pattern seals, the pig and scrap iron now on hand supposed to be about 200 tons, a lot of steam coal and a lot of charcoal.
To have and to hold to the said Quirey and Tyler and their heirs &c forever, together with all and singular the privileges and improvements thereunto belonging, and the said Baker covenants to and with the said Quirey and Tyler that he will and his heirs &c shall forever warrant and defend the above described property against the claim or claims of all persons whatever.
Provided however and these presents are on the following condition. Whereas the said Quirey and Tyler hold the due bill of the said Baker for the sum of $71,839.72 dated the first day of September 1839 which is entitled to a credit of about $15,000 and whereas the said Quirey and Tyler are the securities of the said Baker on a note to the Bank of Louisville for $393, dated the 18 January 1840 at four months, on two notes to the Northern Bank of Kentucky, one for $381 dated 27 Jan 1840 at four month, and one for $531 dated February 1840 at four months, and are the securities with N. Hardy on a note to R. K. Summers for $3,300 dated the 31 October 1839, twelve months, now if the said Baker shall well and truly pay off said bills within six months from the date hereof and shall well and truly pay off and discharge said debts for which the said Quirey and Tyler are securities as aforesaid or shall well and truly pay all the calls and discounts thereon and all and every note or notes, bill or bills of exchange that may be given in renewal thereof or in substitution there for, then this deed is to be void. Use to remain valid. Witness the hands and seals of the said Baker and wife the date first written. (signed) John H. Baker, N. D. Baker
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