1790 Note Signed by Peter Colt and Ralph Pomeroy

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Vintage Collection

Product Code: OD371

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Description

Promissory Notes like this issued by the State of Connecticut help to finance the Revolutionary War. Military finances in the state of Connecticut were managed by the Pay-Table which was also known as the Committee of Four during the Revolutionary War.

The note was signed by Peter Colt as Treasurer and Ralph Pomeroy as Comptroller. Peter Colt was the grandfather of the famous firearms maker Samuel Colt and was a successful industrialist in his own right. He was a paymaster during the revolutionary war and was the co-founder of the Hartford textile mill which made suits worn by President George Washington and John Adams worn at George Washington's inauguration in 1789. The brown color of the suits he made for them eventually become known as "Congress Brown". Ralph Pomeroy served as a Military Paymaster who was in charged with finances during the Revolutionary War such as wages, expenses, and losses due to damages.

Former Treasurer John Lawrence name is crossed out on the note as Peter Colt took over. The note is issued to Stephen Everts for One Pound, two shillings and eight pence.