American Revolutionary leader from New York (1733-1797) who was a signatory of the Continental Association and the Articles of Confederation. Among his many posts, Duane served as a delegate to the Second Continental Congress and the Congress of the Confederation, as a New York state senator, the 44th Mayor of New York City, and the 1st post-colonial Mayor of New York City. Manuscript DS signed “Jas. Duane,” one page, 8 x 12.5, March 9, 1785. The document is a bond whereby the “Mayor Alderman and Community of the City of New York” acknowledges that they owe Benjamin Winthrop 1,800 pounds current money of the state of New York and agree to (re)pay him 900 pounds at 5% interest within a year. Signed prominently at the conclusion by James Duane, and countersigned by Robert Benson. On the reverse, Winthrop gives power of attorney to collect on the bond to Brockholst Livingston, a future U.S. Supreme Court Justice, who writes the POA agreement in his own hand and signs his name within the text. Winthrop, who signs the POA, was one of 24 signers to the Buttonwood Agreement, the founding document of the New York Stock Exchange. The original 1686 City of New York paper seal remains affixed to the upper left corner. In very good to fine condition.
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