The Claims of the Principio Company - Page 8 - Transcript
Must have been valuable and is Str. Currency
estimated at £5 Currency or £3 Str:
per Acre -
5010 Acre at £3. or £5 - £15,000.. - 25,000 -
2”. if any Land under this Descriptn.
belonged to the Company -
R. Alexander thinks not an
refers Mr. Harris to enquire of
Mr. Lawson
Mr. Ingram or Mr. Parker who
live at No. 6. In Fountain Court.
Strand can inform Mr. Wright
or Mr. Harris of the value of the
Virginia Lands. -
March 29th. 1787 -
Robert Alexander Esqr - Sworn
Says he knew there was such a Company possessing
Lands and Iron Works in Maryland called the Principio
Company - He knows nothing of their Concerns in
Virginia - He knew nothing of the persons of whom
the Company was composed except Mr. Thos. Russell who
was a partner and also their Agent in Maryland. The
Company sometimes went by the Name of Mr. Gee, and
Compy sometimes by that of Mrs. Wightwick & Co.
Mr. Thos. Russell was of England - He is uncertain whether
he was the Companys Agent at the breaking out of the
Troubles, or whether it was a Mr. Philips - Mr. Russell
resided at a place called North East where one of the
Companys Forges were in the County of Cecil Mr. Philips
resided at the Kingsbury Furnace within 4. or 5. miles
of Baltimore Town - He died in 1775 and after his
Death Mr. Russell acted for the Company. -
There were two Forges in Cecil County one called
principio the other North East -
There were Two Furnaces in Baltimore County
[Transcribed by Benjamin Bankhurst]
