| Page 4New York Sept 10th 1836
James Morgan Esq.
Texas
Sir
I had the pleasure, a few days
since, by water via New Orleans, under cover to [?]
[Reed of?]. Enclosing copy of Resolutions, passed at a meet-
ing of the Stockholders in the New Washington Association
and according to my then promise. I now hand you a second
copy, duly certified of the same.
The proceedings of the meeting, together with the
Resolutions. (as you will perceive) are intended to cover
the whole ground, or interval, between your departure
from this city, and the latest dates from you, in as much
as there has been no occasion for any specification on
the part of the Shareholders, and all my communica-
tions having been made unofficially, thought generally
after consultation with the Managers of the concern.
The result is, (and this was the object) that your
acts and mine are hereby approved by the Shareholders.
This I thought would be satisfactory to you, and
was rather called for under the circumstances.
The closing up of the Bermuda negotiation was a
matter of course, being impracticable.
The resolution in relation to the extra credit of
$2000 which I have opened for you with Cuculler
Lepeyre & Co. (to be used in case of need) also
required the sanction (which it now has) of the
Board, and Mr. Lapeyre is duly advised that it is
open for that amount. This I myself had done,
long before the meeting and Lapeyre advised in
conformity. You can draw if necessary. You will
see by the Exhibit of the [?]. The 73 pr% already
called in is expended, and my responsibilities in-
cluding the Company debt to you of $8000, absorb | Page 4New York Sept 10th 1836
James Morgan Esq.
Texas
Sir
I had the pleasure, a few days
since, by water via New Orleans, under cover to [?]
[Reed of?]. Enclosing copy of Resolutions, passed at a meet-
ing of the Stockholders in the New Washington Association
and according to my then promise. I now hand you a second
copy, duly certified of the same.
The proceedings of the meeting, together with the
Resolutions. (as you will perceive) are intended to cover
the whole ground, or interval, between your departure
from this city, and the latest dates from you, in as much
as there has been no occasion for any specification on
the part of the Shareholders, and all my communica-
tions having been made unofficially, thought generally
after consultation with the Managers of the concern.
The result is, (and this was the object) that your
acts and mine are hereby approved by the Shareholders.
This I thought would be satisfactory to you, and
was rather called for under the circumstances.
The closing up of the Bermuda negotiation was a
matter of course, being impracticable. |
EN