On 27 Mar 1809, Thomas Stansbury signed an article of agreement with John Beckwith Sr. and Joseph Saunders in which he agreed in principal to divide a 635 acre tract three ways with them, provided they would handle any legal suits regarding the tract brought by Charles Williams who, Stansbury claimed, had assigned the tract to him. Below is the deed and article of agreement signed by Stansbury.
Bullitt County Deed Book B, Page 295-296
This indenture made this 27th day of March and the year 1809 between Thomas Stansbury, of Bullitt County and State of Kentucky of the one part and John Beckwith and Joseph Saunders of the county and state aforesaid of the other part. Witnesseth that said Thomas Stansbury, for and in consideration of the sum of one dollar to him in hand paid before the sealing and delivery of these presents, but more, particularly for and in consideration of certain undertaking's on behalf of the said Saunders and Beckwith as will appear by reference to articles of agreement this day made, and signed between them the said Stansbury, Beckwith, and Saunders he the said Thomas Stansbury, hath granted, bargained and sold, alienee, released, conveyed and confirmed and confirm to the siad Beckwith and Saunders 635 acres of land situate in the county and state aforesaid, part of an entry in the name of Charles Williams for 1000 acres surveyed in the name of said Stansbury as assignee of said Williams, and patented in the name of the said Stansbury, and the said Thomas Stansbury doth covenant and agree to and with the said Beckwith and Saunders that he will warrant and forever defend the said 635 acres of land as aforesaid against himself and his heirs, and all persons claiming by through or under him but not against the claim of any other person. Now this indenture witnesseth that if the said Thomas Stansbury doth well and truly pay to Charles Williams the one-third part of a judgment against him rendered in the Bullitt Circuit Court in favor of said Williams on which an execution hath issued and has this day been replevied by himself with the said Beckwith and Saunders as securities, then this indenture and every part thereof shall be null and void, and the said Beckwith and Saunders shall reconvey to the said Stansbury the one third part of the said 635 acres of land according to the articles of agreement herein before alluded to. In witness whereof the said Thomas Stansbury hath hereto set his hand and affixed his seal this day and date aforesaid. (signed) Thomas Stansbury.
Bullitt County Sct. I the clerk of the County Court of the County aforesaid do hereby certify that on the 26th day of March 1809 Thomas Stansbury, a party to the within indenture personally before me at my office acknowledge the same to be his voluntary act and deed, and that I have recorded the same in my office according to law. Witness my hand this 28th day of April 1809. (signed) Frederic W. S. Grayson, Clerk
Bullitt County Deed Book B, Page 296-297
Articles of Agreement made this 27th day of March 1809 between Thomas Stansbury of Bullitt County, Kentucky of the one part and John Beckwith and Joseph Saunders of the other part. Witnesseth that the said Stansbury has a patent for 635 acres of land in said county founded on an entry of 1000 acres in the name of Charles Williams. Now the said Stansbury doth hereby agree to convey to the said Beckwith and Saunders two-third parts of all the land that may be recovered of the said 635 acres as aforesaid.
Second, the said Beckwith and Saunders doth agree on their part to prosecute all necessary suits for the recovery of said land at their own proper costs and charges.
Third, they the said Beckwith and Saunders doth agree and oblige themselves to pay to Charles Williams two-thirds of the amount of a judgment obtained against the said Stansbury by the said Williams in the Bullitt Circuit court on which and execution hath issued and has been this day replevied by the said Stansbury with the said Beckwith and Saunders as his securities.
Fourth, It is agreed by the parties that an equal division of the said 635 acres of land shall be made between them so soon as recovered or for so much as may be recovered in the following manner, viz. the said Stansbury one-third, the said Beckwith one-third, and the said Saunders the other third part.
It is lastly agreed between the parties that before either party shall be entitled to his third part, he shall pay his third part of the judgment aforesaid, it being the intention of the parties that the said 635 acres of land shall be liable to discharge the said judgment.
[signed by Stansbury, Beckwith, Saunders, and recorded in clerk's office.]
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