3

Company, headed by {illegible: this?} he
{illegible: say? Joy? Joyner? more?} also even he is who
wrote to us here, while is engaged
in buying up titles to lands
near our proposed site.

Barney no doubt told you,
as he has written me, that he
entered in to a written agreement
with the agent of the Thompson
grant to buy the claim under
it at $1. per acre for account of
the University, & that he had
obtained the right to keep the
matter of the purchase open
until the next meeting of the
Board. This was all very well
& what he should have done
but I think it unsafe to let
the matter remain open. I have
but small respect for the good
faith of money of your people
in the matter of written obligations
of this sort -- {illegible: ecce?} Estills heirs --