Indenture of 1878 - Deed Involving Moses Taylor - Not Signed

An Indenture made between the Sheriff of New York and Moses Taylor regarding an action between "The Delaware and Lackawanna and Western Rail Road Company" and William H. Andrews. Not signed.

Moses Taylor (January 11, 1806 – May 23, 1882) was a prominent merchant and banker in 19th-century New York, recognized as one of the wealthiest individuals of his time. At the time of his passing, his estate was valued at approximately $70 million, equivalent to around $1.9 billion in contemporary currency. He was the principal figure behind the National City Bank of New York, which later evolved into Citibank, and he also had significant interests in the Delaware, Lackawanna & Western railroad, as well as the Moses Taylor & Co. import business, alongside various other investments in the railroad and industrial sectors. By the age of 26 in 1832, Taylor had amassed enough wealth to marry, depart from the Howland company, and establish himself as a sugar broker. In this capacity, he engaged with slave-owning sugar producers in Cuba, facilitating the sale of their products, managing currency exchanges, and providing investment advice.

He cultivated strong relationships with these plantation owners, who depended on him for financial support. Although Taylor never traveled to Cuba, his association with Henry Augustus Coit, a well-known trader fluent in Spanish, allowed him to effectively conduct business with Cuban growers. Taylor soon realized that the financial returns from loans and investments were often as lucrative, if not more so, than those derived from the sugar trade, although sugar remained a significant source of his income. By the 1840s, the majority of his earnings were generated from interest and investments, and by 1847, he was recognized as one of the 25 millionaires in New York City.