Indenture Abstract of Title of Residuary Devisees under Will of Samuel Terry

DESCRIPTION

TitleIndenture Abstract of Title of Residuary Devisees under Will of Samuel TerryObject TypeDocumentDate9 January 1821DescriptionIndenture Abstract of Title of Residuary Devisees under Will of Samuel Terry.

Abstract of the title of the Residuary Devisees under the Will of the late Mr Samuel Terry and their representatives to Estates in the District of Illawarra in the Colony of New South Wales called respectively 'Mount Terry' and 'Waterloo'.

31 page document detailing original 1817 and 1821 land grants and Samuel Terry's Will dated 25 October 1825. Also codicils to Will and Testament.

Also details several indenture deeds between Terry family and their descendants.

Samuel Terry died 22 February 1838 and his Will and Codicils were provided 21 March 1838.Provenance and SignifcanceSamuel Terry was a labourer at Manchester England when he was convicted of the theft of 400 pairs of stockings and sentenced to transportation to Australia for seven years. Terry worked under the direction of the Reverend Samuel Marsden at Parramatta, where he worked on building the Female Factory and Gaol, and was flogged several times for neglect of duty.

In 1810, he married Rosetta Marsh who had arrived as a free settler in 1799 on board the Hillsborough. Terry prospered and between 1817 and 1820, held more than one fifth of the total value of mortgages in the colony, more than the Bank of New South Wales. Terry acquired his wealth through frugality and shrewdness and quickly gained the reputation of ‘The Botany Bay Rothschild’.

On 9 January 1821, Governor Macquarie issued a grant of 2000 acres to Terry. This grant was to become the Terry’s Meadows Estate, now known as Albion Park. By 1828, Terry had increased his estates to 21,580 acres, and became one of the richest men in the colony. In 1834, he suffered a stroke, became paralysed and died four years later. He left a personal estate of £250,000, an income of over £10,000 a year from Sydney rentals, and an unknown sum of landed property.

The estate was inherited in the 1840s by Terry’s nephew, John Terry Hughes who renamed it Albion Park. The township of Albion Park grew around the centre of the estate, which had been a meeting spot since the early days of European settlement when the road from Wollongong crossed the timber track from Calderwood and Tongarra, on the way to the port at Shellharbour.DonorTimbs, Ray

CHARACTERISTICS

MaterialBlue Paper.

Tied with string in the corner.Dimensions34.5cm x 42cm

CLASSIFICATION

PrimaryDOCUMENTS

CONNECTIONS

CollectionObjectsLocalityAlbion ParkPersonTerry, SamuelPlaceTerrys Meadows Estate

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Indenture Abstract of Title of Residuary Devisees under Will of Samuel Terry