DIY History | Transcribe | Building the Transcontinental Railroad | Chouteau, Jr., Sanford & Co., Thomas C. Durant and Henry Farnam correspondence regarding railroad iron, New York, N.Y., 1855

Transcribe
Translate

Chouteau, Jr., Sanford & Co., Thomas C. Durant and Henry Farnam correspondence regarding railroad iron, New York, N.Y., 1855

Page 03

the amount of Storage due by the company on the Iron borrowed by us; & also that you then pay us in cash, any balance that may be ascertained to be due to us by the Company, after crediting them with the above named payments.
It is understood that the difference of Duty above named is to be a distinct charge to the account, as the Duty on the Iron borrowed by us was paid or assumed by us, & no charge of Duty has been made to the Rail Road Company, as the original contract anticipated that the company was to enter the Iron & pay the Duty themselves. 
Please reply in confirmation of the above & oblige
Yours Respectfully,
P. Chouteau Jr. Sanford & Co
New York May 14 1855
Messr. P Chouteau Sanford & Co.
Gentlemen,
The above is in conformity with our understanding of the agreement between us, which we hereby approve & confirm.
Yours Respectfully.
Henry Farnam
Thos. C. Durant

Saving...

the amount of Storage due by the company on the Iron borrowed by us; & also that you then pay us in cash, any balance that may be ascertained to be due to us by the Company, after crediting them with the above named payments. It is understood that the difference of Duty above named is to be a distinct charge to the account, as the Duty on the Iron borrowed by us was paid or assumed by us, & no charge of Duty has been made to the Rail Road Company, as the original contract anticipated that the company was to enter the Iron & pay the Duty themselves. Please reply in confirmation of the above & oblige Yours Respectfully, P. Chouteau Jr. Sanford & Co New York May 14 1855 Messr. P Chouteau Sanford & Co. Gentlemen, The above is in conformity with our understanding of the agreement between us, which we hereby approve & confirm. Yours Respectfully. Henry Farnam Thos. C. Durant