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McDowell family papers, 1857-1863
02_1857-08-25-Page 02
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his notes to his creditors for forty per cent of the debt payable in equal annual instalments in four years with interest and his note for sixty per cent payable in Six Years without interest, in [consideration?] of which said condition to allow said John Thompson to lift his assessment and take possession of the assets now held by the assignees which said assets are considered as of very little value in case they shall be thrown on the market and sold under the assessment. In case this agreement is not entered into with the creditors of said Thompson then I authorize said J R Dick to make any other compromise with said Thompson such as he may deem best for my interest under the circumstances, provided the said agreement is such as he the said Dick [be?] willing to accept for his own [claim?] against said Thompson
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his notes to his creditors for forty per cent of the debt payable in equal annual instalments in four years with interest and his note for sixty per cent payable in Six Years without interest, in [consideration?] of which said condition to allow said John Thompson to lift his assessment and take possession of the assets now held by the assignees which said assets are considered as of very little value in case they shall be thrown on the market and sold under the assessment. In case this agreement is not entered into with the creditors of said Thompson then I authorize said J R Dick to make any other compromise with said Thompson such as he may deem best for my interest under the circumstances, provided the said agreement is such as he the said Dick [be?] willing to accept for his own [claim?] against said Thompson
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