To John Chaloner1
[New York, December 11, 1783]
As it now draws towards the time for declaring a dividend of the bank,2 and I am authorized by Mr. Carter3 to receive his share I shall wish to be informed in what manner the bank will choose to have an acknowlegement of the receipt of the money from me, when time of payment comes—whether an order from me in favour of yourself—or a bill drawn payable to myself, or a receipt from me will be preferred. I make this inquiry because, the Bank may have some mode of their own for transacting the business in similar cases.4 I will therefore take it as a favour if you will inquire and let me know by a line. It is my wish that you would in the first instance receive the amount and pay it to my order. Let me know also if you please whether there are any persons disposed to sell bank stock and whether it yet begins to sell at an advanced price and the rate.5
Compliments to Mrs. Chaloner.
I am with esteem Sir Yr. most Obed ser
December 11th. 1783
ALS, Historical Society of Pennsylvania, Philadelphia.
2. The Bank of North America in Philadelphia, which Congress had chartered on December 3, 1781 (JCC description begins Journals of the Continental Congress, 1774–1789 (Washington, 1904–1937; Reprinted, New York, 1968). description ends , XXI, 1187–89). See also Chaloner to H, November 26, 1783, note 1 (PAH description begins Harold C. Syrett, ed., The Papers of Alexander Hamilton (New York and London, 1961– ). description ends , III, 477).
6. Catherine Van Rensselaer Schuyler, H’s mother-in-law.