TAMPA — In the early months of the Civil War, the city of Tampa needed ammunition and other supplies to defend against attack but apparently was short on cash.
So it issued a promissory note for $299.58 to storekeeper Thomas Pugh Kennedy on June 21, 1861.
Kennedy's great-granddaughter says the city never made good on its loan. Now, Joan Kennedy Biddle and her family are suing to collect the payment plus 8 percent annual interest.
The total bill: $22.7-million.
http://www.tampabay.com/news/localgovernment/article419897.ece
Tampa sued to collect on 147-year-old promissory note worth millions
Discussion in '2008 Archive' started by Revmitchell, Mar 18, 2008.
-
Revmitchell Well-Known MemberSite Supporter
-
Squire Robertsson AdministratorAdministrator
To the best of my knowledge all government debts conected to the Confederacy were repudiated and made uncollectable after Appomatox.
If Tampa was a Union stronghold (which I doubt), that makes the debt a Union one and a different matter. -
There was an episode on the Andy Griffith show that had a similar plot.
Mayberry goes Bankrupt
interesting ending, maybe the same for Tampa
Salty -
-
-
>
>
>
>
>
>
>
>
Only problem is - Where are they going to find $22.7 Million Confederate dollars?? :confused: Why I'd almost bet the City of Tampa would have a tough time finding, I don't know, say, $299.58 Confederate. :tonofbricks:
:laugh:
Ed -
When the Federals need money these days, they print it up or borrow it from Communist China. They should be able to help out Tampa with few million Confederate dollars.
-
Ha! I wish I could get someone to pay me in Confederate bills.
I bought one years ago $1 Confederate at about $15 U.S.. They are a lot higher now.
I looked around a little on the net. The cheapest $100 Confederate bill I found was $125 U.S..
A.F. -
-
Amazing how often TAGS gets it right :).
That was my first thought when I saw the thread -
It seems that this thread is being hijacked (and I dont want to end up in Cuba!:smilewinkgrin: ) so I have started a new thread in response to the off topic posts. Here is a link to "WHO PAYS MORE TAXES" ?
And now lets get back to the OP
I suggest that we let Sherriff Andy Taylor decide the outcome (remember he is also the justice of the peace:applause: )