James Madison Papers

James Madison to Bernard Peyton, 27 February 1827

Feby. 27. 1827

Dr Sir

Mr. Anderson has given me notice that a draft accepted by me in favor of Rd. Peters jr for $1048.68. due on the 1st. of Apl, has been placed in the B. B. of the U. S. at Richd. for collection. I had several sources for meeting this & some other demands, which, untill very lately, I thought could not fail me. It has happened otherwise, and I find myself under the necessity of asking the favor of your aid in obtaining from the Bank a credit that will discharge the draft debt, and give me the chance of making a Collection from my debtors, or in the last resort of availing myself of the Market for my crops. I must hope Sir that such a credit will not be unattainable, and in that case, I must ask the further favr. that you will forward the proper note, in the precise form required by the rules of the B. so that my signature alone will be necessary. Excuse this trespass on yr. kindness, & accept my esteem and friendly regards

Draft (DLC).

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