I received your letter of the     Ulto. enclosing a check on this Bank for Eight Hundred and forty dollars payable in carolina notes and drawn by Fielding Lewis Prest. D.S. Land Co. with a request to have it converted into such funds as are current in our Banks and placed to your credit.

I accidentally met a friend who had occasion for that amount and sold it to him at 6 ½ Discount, leaving a nett balance of Seven hundred & eightyfive 40/100 Dollars, which is placed to your credit in this Bank and subject to your order or check— The notes of Carolina Banks are now at 8 Percent discount and belived will be worse.

It will afford me great pleasure to serve you at all times & in any way within my power, remembering you a great friend to me, many years back, when you were a Director of the Mutual assurance Society in Richmond and I a lad in the Office. With respect I am your obt servt