ClipsTampa sued to collect on 147-year-old promissory note worth millions
First Clipped on Mar. 17, 2008
Report Clip
In the early months of the Civil War, the city of Tampa needed ammunition and other supplies to defend against attack but apparently was short on cash.
So it issued a promissory note for $299.58 to storekeeper Thomas Pugh Kennedy on June 21, 1861.
Kennedy's great-granddaughter says the city never made good on its loan. Now, Joan Kennedy Biddle and her family are suing to collect the payment plus 8 percent annual interest.
The total bill: $22.7-million.
