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    1. Franklin Gorin to Henry Gorin
    2. Sandi Gorin
    3. My dau Shelley found something for me Sat while at the County Clerk's office here in Glasgow - extremely interesting. I have published the first deed books for Barren Co, based on a former researcher's work, but somehow, she skipped over 20 pages in Deed Book K which Shelley found on pages 192, 193. I thought I had figured out why this deed existed but I think I just talked myself out of it. In the late 1820's-1830ish, there were a lot of bank failures in KY due to the beginning stages of banking in the US. Many times mortgages were arranged if some big debt had been incurred and after the failures, the individual could not pay the debt. The individual mortgaged most or all that they owned to someone else - normally a relative. If the individual was able to pay off his debt in time, nothing moved, nothing was lost. Franklin Gorin in 1825 was a well-known lawyer here in Glasgow, he and his father, John Gorin, also owned a mercantile during the early years of the county formation. Two of Franklin's brothers, Henry and John Gorin Jr had moved to Russellville in Logan Co and in this transaction Franklin is mortgaging everything to Henry (not to be confused with Henry Gorin, his uncle). Since this does not appear in any of my Gorin books, thought I would take a couple of posts and transcribe it as it gives a wonderful look at what people owned in 1825. Spelling as shown, punctuation as shown. It is possible that he took out a loan from Henry for the mercantile ... I honestly don't know! "This Indenture made and entered into this 24th day of May 1825 between Franklin Gorin of the county of Barren and State of Kentucky of the one part and Henry Gorin of the County of Logan and same State of the other part. Witnesseth that whereas the said Franklin Gorin is indebted to the said Henry the sum of four hundred and twelve dollars 16 cents which is evidenced by a note executed by said Franklin to said Henry Gorin date 25th day of February 1823, for that sum now in order to Secure the payment thereof and for the further consideration of one dollar in hand paid he the said Franklin hath bargained and sold and by these presents doth bargain Sell alein and convey unto the said Henry the following property towit: One bay horse Gelding four years old being the same horse I got from Samuel Rennick last summer. One gray colt about 18 months old the same I got of my brother Thomas J. Gorin. One dozen Split bottom Chairs two beds bedstead & furniture and dining table. One Candlestand one man's saddle and bridle. One woman's Saddle. All my Books both law and miscellaneous a Schedule of which is hereto annexed - all my cubbord ware consisting of knives & forks plates dishes Bowls Glass tumblers pitchers cups and Sausers &c. One cow and Calf. My stock of hogs, two trunks, looking Glasses - all my Kitchen furniture towit, pots, ovens, Kettles and Skillets to have & to hold the aforesaid property and every part thereof to the said Henry Gorin his heirs and assigns forever and the said Franklin doth hereby Covanant and agree to warrant and defend the title to said property unto the said Henry his heirs and assigns against the claim or claims of all persons Whatever - Yet upon this condition that if the said Franklin Shall well and truly pay the said sum of $412.16 cents with interest within one month from this time & all costs that may accrue in obtaining a judgement on said note and all Costs (if it should become necessary to forclose this mortgage), that may accrue in obtaining the above then said property then this Indenture to be void else to remain in full force and virtue as a mortgage. In testimony wherof the said Franklin hath the day and year above written hereunto. Set his hand and affixed his seal. /s/ Fr. Gorin [Seal] to be concluded next post - Sandi Col. Sandi Gorin - Publishing: http://ggpublishing.tripod.com/ GORIN worldconnect website: http://worldconnect.rootsweb.com/~sgorin

    09/13/2004 09:55:26