Dr. Sir Yours of the 29th ult. is duly received. It was our impression that we had acknowledged the receipt of the two notes of which you speak---one being on Allen & Stone for $117.94 the other on J. Francis for $50.35. We now do so.
We have been receiving promises from time to time of the payment of those notes, but which payment has not yet been made. Unless payment is soon made we shall commence suits; though this course we shall regret; for they are honest and honorable men, but they are hard pressed. We regret to say that the entire certainty that we shall need all the means at our command, will not, in justice to ourselves, permit us to authorize you to draw upon us as you suggest. Yours & c. STUART & LINCOLN