Dabney Terry Notice as Thomas Day Trustee: 1859

Thomas Day's Trustee Notice: 1859

Earlier I posted this "Notice," stating I did not understand it. However, I made the mistake of not consulting the "Book." 

This is the book:

Marshall, Patricia Phillips and Leimenstoll, Jo Ramsay. Thomas Day: Master Craftsman and Free Man of Color. Chapel Hill: University of North Carolina Press, 2010.

There the authors explain that due to the financial crisis that began in 1857 debtors of Thomas Day could not pay. As a result, Day could not pay his creditors and he declared insolvency (essentially bankruptcy). The court issued an insolvency deed and placed Day's business affairs under the trusteeship of local house carpenter Dabney Terry.

The court allowed Day to remain in his shop and carry on his furniture trade to support his family and pay off debts. However, this was the beginning of the end of Thomas Day's business. He died in 1861.

Source of Notice: The Milton Chronicle (Milton, North Carolina), 10 March 1859.