Lot 40
One of 53 privately held. Signed by the Assistant Commissary General 'Affleck Moodie.' Gam(aliel) Butler was a prominent lawyer and Director of the Bank of Van Diemen's Land. On the back Butler has signed over the proceeds of the note to his London Agent Mr Groom of Alwich Lane
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Dimensions:
- 19x14cms Exhibited:
- 396 Literature:
- Collectibles Medium:
- Coins, Monies & Stamps Circa:
- Paper Money, Australia & New Zealand Notes:
- This 'Third of Exchange' was a third copy of a tri-part invoice for payment on 'Account of Public Service' that was redeemable at His Majesty's Treasury, Whitehall London. Because of the possibility that a ship could be lost, it was the normal practice for the 'First of Exchange' (the first copy) and the 'Second of Exchange' (the second copy) of a transaction to be sent separately to London on different vessels, with only the first to arrive being honoured. The 'Third of Exchange' (third copy) was kept by the issuer as a receipt of money owed. Condition:
- Paper thin below date on right. Two 2 cms tears to fabric of note on left hand side
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