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Mosch, Emil to Carl 18860701 mortgage0 FB201206PLGMoKo

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Mosch-Kortz Family Descendants
Paul Lynn Gardner, badge icon, Admin
· 06 Dec 2020 ·
MOSCH HOLLOW FARM SOLD TO 3RD CHILD
Carl Herman Mosch Sr. and his wife Caroline Scheider purchased their new homestead, sight unseen as had been advertised in the Lippersdorf, Saxony, Germany newspaper. It was promoted by the Radde Land Company “as being in a community of good and prosperous development”. They took possession in May of 1870 and carved out a home and farm from this virgin, mostly hilly, landscape.
16 years later, Carl Herman Mosch Sr. sold his 65-acre Mosch Hollow farm to his third child, 22-year-old Emil Earnest Mosch on 01 Jul 1886 for $2,000. Emil mortgaged $1,000, paid in ten semi-annual payments of $100 plus 5% interest on the balance. A second document, dated 28 Dec 1891, states that this mortgage was satisfied five and a half years early.
It’s interesting to see that the founder of Germania, Dr. Charles Meine, witnessed the signing of both documents. Otto Braun signed the loan satisfaction document.

Comments
Doug Vaughan
did CHM stay on farm with Emil or...?
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Paul Lynn Gardner
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Doug Vaughan, that is a very good quest, one that I've wondered myself. As we all know, Emil built his home next to Carl's home, so I would presume that Carl lived on the farm for a period of time after he sold it to Emil. I do have a 1907 photo of Emil's family, taken on the steps of Carl's home, with Carl sitting on the top step. I also know that Carl lived with his youngest son, Christian, in Galeton at some point. He may have stayed in Mosch Hollow up until Emil's home burned in 1912. If that was the case, he probably lived in Galeton only a year before his death.
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Leslee Jane Masolotte
It seems that in older times, it was more common for families of several generations to stay together. Shared farm duties was necessary to keep labor costs affordable. Elder care was shared by family members since nursing homes were not an option. Jim and I feel fortunate to have known and learned from our grandparents.
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