Thomas Jefferson Papers

To Thomas Jefferson from Bernard Peyton, 1 June 1820

Rich’d 1st June 1820

Dear Sir

I was duely favor’d with yours covering a note for the renewal yours for $3,000 at the Farmers Bank, which was accordingly done this day, & I am requested by the Cashier to inform you that a curtail of $500 will be required on it at the renewal after the next, to wit, on the 4th of October.—This is done I understand in consequence of the loan being considered temporary in the beginning, & an indisposition on the part of the Directors to increase their accomodation debt.

Your last note I observed was filled up with Sixty five days, which was incorrect, & I was obliged to date it lack five days in order to make it discountable, 60 days being the longest period either of the Banks in this City can discount for—the 3 days grace allowed does not effect the time to be expressed in the body of the note, of course all notes are filled up with 60 days only.

I am glad of every occasion to be servicable to you, I beg you will accept assurances of the sincere regard & attachment of

Dear Sir Yours Mo: Truely

Bernard Peyton

MHi: Coolidge Collection.

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