Jr Horatio Alger

Herbert Carter's Legacy Jr Horatio Alger

So thinking, he neared the small house which he called home. It was a small cottage, with something less than an acre of land attached, enough upon which to raise a few vegetables. It belonged to his mother, nominally, but was mortgaged for half its value to Squire Leech, the father of James. The amount of the mortgage, precisely, was seven hundred and fifty dollars. It had cost his father fifteen hundred. When he built it, obtaining half this sum on mortgage, he hoped to pay it up by degrees; but it turned out that, from sickness and other causes, this proved impossible. When, five months before, he had died suddenly, the house, which was all he left, was subject to this incumbrance. Upon this, interest was payable semi-annually at the rate of six per cent. Forty-five dollars a year is not a large sum, but it seemed very large to Mrs. Carter, when added to their necessary expenses for food, clothing and fuel. How it was to be paid she did not exactly see. The same problem had perplexed Herbert, who, like a good son as he was, shared his mother's cares and tried to lighten them. But in a small village like Wrayburn there are not many ways of getting money, at any rate for a boy. There were no manufactories, as in some large villages, and money was a scarce commodity.