Letter to Horace Hotchkiss, 25 August 1841, Copy

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  • Historical Introduction
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, August 25th 1841
Esqr
Dr Sir Yours of the 24th. ulto. came to hand this day the contents of which I duly appreciate, I presume you are well aware of the difficulties that occurred, before, and at, the execution of the writings in regard to the Landed transaction, (between us.) touching the anual payment of interest, If you have forgotten I will here remind you, you verbally agreed, on our refusal, and hesitancy to execute the notes for the payment of the Land; that you would not exact the payment of the interest that would accrue on them, under five years, and that you would not coerce the payment even then. To all this you pledged your honor, And upon an after arrangement you verbally agreed to take Land in some one of the atlantic States; that would yield six per cent intrest, (to you.) both for the principal and interest, And in view of the matter I deligated my Bro. & Doc. to go east, and negociate for lands, with our friends and pay you off for the whole purchase that we made of you, But upon an interview with you, they learned that you were unwilling to enter into an arrangement according to the power that I had deligated to them, That you would not receive any of the principal [p. [1]]
, August 25th 1841
Esqr
Dr Sir Yours of the 24th. ulto. came to hand this day the contents of which I duly appreciate, I presume you are well aware of the difficulties that occurred, before, and at, the execution of the writings in regard to the Landed transaction, (between us.) touching the anual payment of interest, If you have forgotten I will here remind you, you verbally agreed, on our refusal, and hesitancy to execute the notes for the payment of the Land; that you would not exact the payment of the interest that would accrue on them, under five years, and that you would not coerce the payment even then. To all this you pledged your honor, And upon an after arrangement you verbally agreed to take Land in some one of the atlantic States; that would yield six per cent intrest, (to you.) both for the principal and interest, And in view of the matter I deligated my Bro. & Doc. to go east, and negociate for lands, with our friends and pay you off for the whole purchase that we made of you, But upon an interview with you, they learned that you were unwilling to enter into an arrangement according to the power that I had deligated to them, That you would not receive any of the principal [p. [1]]
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