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A SKETCH OF LUCIUS LYON

by GEORGE H. WHITE

Yet, with all these, Mr. Lyon was in embarrassed circumstances at the time of his death. In justice to his memory, however, I ought to add that it did not arise from his own debts, or because of his expenditures, but through his becoming a surety for an official on the official bond' given by him to the government. It was claimed that this official was largely indebted to the government. About the time he was going abroad law proceedings were commenced and he consulted an eminent counsel, who advised him that he was not answerable for it under the circumstances, so the matter was left the counsel's hands for attention. He assured Mr. Lyon that it did not need his personal attention.
It was not until several years had elapsed that he learned, while seeking to raise money on lands near the Mississippi river, that they had been seized and sold on execution issued on a judgment against him as surety, for a mere song, and that the time of redemption had long passed.
The lands seized upon were those outside of the State of Michigan and were a number of tracts of choicely selected lands. They had been seized and sold at ridiculously low prices and brought, I have heard it stated, hardly a tenth of their then real value. This was a hard blow to him financially, one from which he never recovered, and he finally succumbed and made an assignment for the benefit of creditors. It is understood that his debts were all ultimately paid from the avails of his assigned estate. Had the execution been levied in Michigan discovery would have occurred so as to prevent loss of redemption rights.

Michigan


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