Used as Collateral (Axson-Quarterman/Lambert)

On 15 February, 1840, I.S.K. Axson and Robert Quarterman used as collateral on a promissory note to the executors of John Lambert’s estate (Thomas Mallard, John Dunwody, Wm. Q. Baker, Ezra Stacy and William Jones) “the following named Slaves with the issue of the females to wit: Abby and Maryann…” Witnessed by W.E.W. Quarterman, S. Spencer, J.I.C.L.C. Recorded on March 24, 1840, by E. Way, Clerk. [NOTE: Written on this deed was “Satisfied in full this 26 March 184? E. Stacy Act Exor of Est. John Lambert. Recorded this fifth day of April 1841. E. Way, Clerk”]

[[NOTE: After receiving permission from the state legislature to sell off the John Lambert estate, the executors sold many enslaved people on February 1, 1840. Some of the purchasers made their purchases on credit and it appears that this was one of them, though the deed of conveyance has not been found. It is likely that I.S.K. Axson was the purchaser, and that Quarterman acted as security for the mortgage. Axson and Quarterman were both pastors of the Midway Congregational Church at the time.]