28

[centered] Copy. [a subtraction sum, written in pencil] 115 [-] 72 [=] 43

[top right]
Saratoga Springs 24 June
1852

My dear Mrs King

Immediately on the receipt of M^r King's letter,
through William, on the subject of the purchase of Hamilton,
I placed his offer before M^r Corbin, the Trustee of his daughter
Miss Isabella H. Corbin. Before his reply to it was obtained
I heard of the expected return of M^r King, and immedi-
ately after of your intended visit to Philadelphia. Hoping to
have met with M^r King in New York, I thought it better
to communicate with him personally rather than by letter:
but, being disappointed in this, and not having any assurance
of the time of M^r King's arrival, I have concluded to address you,
as the surest way of placing M^r Corbin's views before you both
as early as possible.

M^r Corbin declined selling at
$50.000 and at 6 per c. interest; but will, if he concludes
to sell at all (which is probable, but as yet dependent on some
other arrangements) he will take $12.000 for the lands, buil-
dings &c at Hamiton & Couper's Point, $350 per head for the
negroes, being now 115 or 118 less 3 children belonging to the
Hopeton gang, - say for 115 $40.250 - and for the Hog-e-rack
tract of 100 acres of pine $100. Tools, carts, flats, boats, horses,
mules, & cattle $16.50 - together $54.000. The payments to be
$10.000 on the 1^st of January 1853______________$10.000
on the 1^st of January 1854_____________________$10.000
on the 1^st of January 1855______________________10.000
on the 1^st of January 1856______________________10.000
on the 1^st of January 1857______________________10.000
on the 1^st of January 1858_______________________4.000
___________________________________________________
____________________________________________$54.000