Montpellier May 7/31.
I received your letter of April 29th. It was my father whose name you observed among the Stockholders of the Loyall Company. Having myself paid no attention to the subject during his life, and taken no part in the business of the estate since his death, I know little of the concerns or partners of the company. I recollect that during my abode in Williamsburg between the years 1776 & 1779. a newspaper was published under the firm of Purdie and Dixon. But I had no personal acquaintance with either. Purdie died within or near that period; and his partner removed, as you doubtless know, to Richmond, where you will probably have the best chance of finding the information you seek. I have never had occasion to know or to learn any thing as to a connection of your ancestor with the Company in question. Of the present value of a share in its stock, I am entirely ignorant. With friendly respects
(Signed) James Madison