Thomas Jefferson Papers

To Thomas Jefferson from George Jefferson, 14 January 1802

From George Jefferson

Richmond 14th Janr. 1802

Dear Sir,

I have to day received of the Treasurer of the James River Company $.198., being a dividend of 3 per Cent on Mr. Short’s 33 shares, the directors having lately determined to make now, and to continue such a dividend half yearly, so long as the tolls will justify it, & likewise enable them to continue improving the bed of the River with about 15 or 20 hands.

By going on in this way they calculate upon compleating the bed of the river in about 2 or 3 years, and then, judging from their last years receipts, they expect to make dividends of about 10 per Cent per annum until they are compelled to make the Canal communicate with tide water.

Of the receipt of this money be pleased to inform Mr. Barnes to whose credit, as usual, we have placed it.

I am Dear Sir, Your Very humble servt.

Geo. Jefferson

RC (DLC: William Short Papers); at foot of text: “Thos. Jefferson esqr.”; endorsed by TJ as received 18 Jan. and so recorded in SJL.

Robert Pollard served as secretary and treasurer of the James River Company from 1793 to 1823 (Washington, Papers, Pres. Ser., 12:304). Communicate with tide water: for the canal company plans, see Vol. 31:224–5.

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