Chronicles of Notre Dame du Lac
Edward Sorin, CSC -- Translated by John M. Toohey, CSC, 1895

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1857

pg 314            One of the neighbors, a rich German Catholic, had at 
             different times, by sales or deposits of money, obtained notes 
             from F. Sorin amounting to sixty thousand francs.  In the month of 
             July and several times subsequently he had declared positively 
             that he wanted his money about the beginning of autumn.  As he had 
             no mortgage, and no security but the honesty of the house, the 
             financial crisis naturally made him more uneasy and harder to be 
             persuaded to consent to any delay.  In the first days of November 
             he came to inquire if his money was ready for him, and he 
             expressed himself rather forcibly on the subject.
                  On November 19th F. Sorin sent one of the principal Brothers 
             to inform him that he had begun to the best of his ability to pay 
             the debt, that he had deposited 500fr. in the South Bend bank, and 
             he expected to soon place 20,000 fr. more there to his credit, and 
             would give him the balance in notes secured by mortgage, thus 
             settling the matter.
                  What was the answer of the good man?  That he did not want to