Can someone explain how transactions such as these work?  It seems that
one group is guaranteeing payment to a second, on behalf of a third for
a cargo of slaves. I am unsure as to the conditions of the bond at this
point in the transaction.  Among other things. Who are the buyers?  The
sellers? The financiers? I bow to the historians...

Book Bb, p. 59		JOSEPH WRAGG & JOB ROTHMMAHLER, merchants, 
21 Nov. 1720		THOMAS DYMES, merchant, WILLIAM RHETT, ESQ. &
Bond (copy)		JOHN HUTCHINSON, gentleman, to BENJAMIN PHIPPS
			residing in Charleston, mariner, & commander of the Raymond, galley,
in penal sum of L3000 of Great Britain, conditioned for payment of L1500
on 1 June 1722.  Witnesses:  ROBERT HUME, JAMES LEYDELL, JOHN
MEREWETHER.  Before THOMAS HEPWORTH.  JOHN CROFT, Register.  "Pay the
contents of the within to CAPT. JAS. DAY or order.  No:  RUDDOCK."  "Pay
the contents to MESSRS. HERON & CO., it's mine, JAMES DAY."  (On June
1722 SAMUEL WRAGG paid L1500 to [sic] in full of bond to JOHN HERON CO.
& GEORGE ARNOLD.)

Book Bb, p. 60		JOSEPH WRAGG & JOB ROTHMAHLER, merchants, 
21 Nov. 1720		THOMAS DYMES, merchant, WILLIAM RHETT, ESQ. &
Bond (Copy)		JOHN HUTCHINSON, gentleman all of Charleston,
			to BENJAMIN PHIPPS, mariner & commander of The Raymond, galley, now
residing in Charleston, in penal sum of L3000 of Great Britain,
conditioned for payment of L1500 on 1 Aug. 1722  Witnesses:  ROBERT
HUME, JAMES LEYDELL.  Before THOMAS HEPWORTH.  SAMUEL WRAGG'S signature
witnessed in London by THOMAS HODGKINS.  ROBERT YONGE, Register.  PHIPPS
assigns his interest in the Lord [?] ("being the remainder and in full
for a cargo of slaves") to NOBLEST RUDDOCK.  RUDDOCK assigns his
interest to GEORGE ARNOLD.  Witnesses to both assignments:  RICHARD
BUTLER, THOMAS CROGAN.  ARNOLD received L1500 in full.  The 2 foregoing
copies produced by SAMUEL WRAGG, merchant, of London, were attested in
London 21 Sept. 1722 before JACOBUS DUNNIDGE, NP.  ROBERT YONGE,
Register.

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