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George Keats of KentuckyA Life$
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Lawrence M. Crutcher

Print publication date: 2012

Print ISBN-13: 9780813136882

Published to Kentucky Scholarship Online: May 2013

DOI: 10.5810/kentucky/9780813136882.001.0001

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Ruin and Death 1841

Ruin and Death 1841

(p.173) Ruin and Death 1841
George Keats of Kentucky

Lawrence M. Crutcher

University Press of Kentucky

George guarantees the note of Tom Bakewell for a large steamboat project, which is terminated following the Panic of 1837. Bakewell defaults and George bankrupts himself trying to pay the debt. On a lumber buying trip, he falls ill of an undefined gastro-intestinal ailment and dies on Christmas eve, 1841. His estate is insolvent, able to pay about 20 cents on the dollar of his indebtedness.

Keywords:   guarantee, Dehydration, Zero out, Appraisement, Liquidation, Dower, Library, Character, Establishment, Limited legacy

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