The Cazeneuve Family Part V
According to John Cazeneuve's death notice in the Kentish Gazette on 5 August 1791, he was 'for many years a [wine?] and brandy merchant of this town [Chatham], but had retired from business'. He was 64 years old. His baptism date was 29 September 1726, so he must have been nearly 65 at his death.
In his will, John described himself as a gentleman.
John Cazeneuve had at least £7,000 invested at 4% in Consolidated Bank Annuities, issue of 6 April 1780.
Consols, as they were known, were Bank of England stock, a means of managing the National Debt. Subscribers or investors lent their money to the government and received an annual return or annuity. Consols were popular with cautious investors, as they received a safe and guaranteed return of between 3% and 5% on their invested capital, depending on when they invested. These interest rates were low; much greater returns could be obtained on other investements such as canal stock, but canals were also much riskier investments.
In his will, John described himself as a gentleman.
John Cazeneuve had at least £7,000 invested at 4% in Consolidated Bank Annuities, issue of 6 April 1780.
Consols, as they were known, were Bank of England stock, a means of managing the National Debt. Subscribers or investors lent their money to the government and received an annual return or annuity. Consols were popular with cautious investors, as they received a safe and guaranteed return of between 3% and 5% on their invested capital, depending on when they invested. These interest rates were low; much greater returns could be obtained on other investements such as canal stock, but canals were also much riskier investments.
John Cazeneuve owned and lived in a 'new built brick messuage [with] outhouses offices yards gardens and appurtenances' in Roam Lane (otherwise Rome Lane or Roome Lane) in Chatham. Possibly this house replaced the seven tenements in Rome Lane owned by hs father Jacob. The house does not survive; there are no eighteenth century buildings in what is now Railway Street.
Rome Lane was about to change in appearance at the time of John Cazeneuve's death in 1791. The construction of New Road, as a bypass for Chatham High Street, began that year, and the viaduct which carried it over Rome Lane was completed in 1794.
View of the arch under the new road in Room Lane, Chatham.
From the British Library archive
Rome Lane and Rome House are remembered today in Rome Terrace, a short road which runs parallel to Chatham High Street, not towards it, as Rome Lane did.Rome Terrace, Chatham
John Cazeneuve had no known children. He distributed his estate more widely than his father and grandfather had done. He left goods and money to his wife Caroline and legacies to his nephew Jacob Kite, son of his sister Susanna, to relatives of his wife, and to the children of his nephew Jacob Cazeneuve Troy, but his principal legatee was Jacob Cazeneuve Troy himself.
John Cazeneuve was survived by his wife Caroline, formerly Hart. In her will, other than small bequests to her executors, she divided her estate between nieces and nephews on her own side of the family. Jacob Cazeneuve Troy was originally named as an executor, but he predeceased Caroline. She died in 1808 and was buried in Chatham.
John was the only surviving male descendant of John, or Jean, who migrated to England from France in the late seventeenth century. After a hundred years or so, the Cazeneuve family died out.
The descendants of Jacob Cazeneuve Troy will be discussed in a future post.
Next: The Story So Far
_________________________
Comments
Post a Comment