Career · Entrepreneur memoirs

P. T. Barnum:Struggles and Triumphs, Additional Excerpt 433

P. T. Barnum《Struggles and Triumphs》· Struggles and Triumphs · Leadership

In the summer of 1855, previous to my financial troubles, feeling that I was independent and could retire from active business, I sold the American Museum collection and good will to Messrs. John Greenwood, Junior, and Henry D. Butler. They paid me double the amount the collection had originally cost, giving me notes for nearly the entire amount secured by a chattel mortgage, and hired the premises from my wife, who owned the Museum property lease, and on which, by the agreement of Messrs. Greenwood and Butler, she realized a profit of $19,000 a year. The chattel mortgage of Messrs. Greenwood and Butler, was, of course, turned over to the New York assignee with the other property.

Source: https://www.gutenberg.org/ebooks/50115
Locator:Additional excerpt 433 · Verified:2026-10-19 · Verification:Short excerpt

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