He does business from a warehouse and is known among the merchants of the Royal Exchange as a man of good credit. Despite having considerable personal wealth, he underpays his clerk and hounds his debtors relentlessly, while living cheaply and joylessly in the chambers of his deceased business partner, Jacob Marley.
We learn that the elder Pyncheon possibly framed Matthew Maule for witchcraft to gain the property and build the house. These wrong doings seem to curse anyone who lives in the home.
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