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sight drafts (draughts)
Written by PeggyC
(5/4/2005 9:03 p.m.)
in consequence of the missive, ch. 14 - the draught scheme, penned by LaurieC
"Use of sight drafts and promissory notes grew in the 18th and early 19th centuries in England (and Holland?), though again, such documents are quite rare. [in terms of present-day collecting] "Tomaso, you owe me 38 ducati. Please, when next you go to Siena, give 13 ducati to Alfredo Spinelli" [an example of a sight draft from medieval Italy] * * * * * * So, from this example, it would be fair to guess that the vicar's sight draft said basically the same thing: "Mr. Flamborough, as you still owe me 16 pounds, please be so good as to pay Dr. Primrose the 12 pounds I owe him for his horse. Your sincere friend, Ephraim Jenkinson." As Yogi Berra said, "A verbal agreement ain't worth the paper it's written on." and neither is Mr. Jenkinson's sight draft. |
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