Payment and an Advance
Document 1795Dayton sends Hodgdon a bill of exchange and duplicate for $1500 from a Mr. Ludlow. Dayton requests an advance of half this sum, and comments that he will enter into a contract if necessary that allows for interest or damages to be paid if Hodgdon deems this necessary. Dayton remarks that he does not feel this would likely happen as Ludlow has informed Dayton that the money is in his possession and Dayton may simply draw from it.
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Type
Letter Signed
Description
Dayton sends Hodgdon a bill of exchange and duplicate for $1500 from a Mr. Ludlow. Dayton requests an advance of half this sum, and comments that he will enter into a contract if necessary that allows for interest or damages to be paid if Hodgdon deems this necessary. Dayton remarks that he does not feel this would likely happen as Ludlow has informed Dayton that the money is in his possession and Dayton may simply draw from it.
Date
02/27/1795
Author
Recipient
Collection
Document number
1795022780001
Page start
1
Notable persons
Samuel Hodgdon
Jonathan Dayton
Ludlow
contractor
Notable items
bill of exchange
sum
interest
money
duplicate
contract