James Madison Papers

From James Madison to Isaac A. Coles, 29 May 1827

To Isaac A. Coles

Montpr. May 29 1825 [1827]

Dr Sir

By an arrangement with your brother Edward, $2000 were to be placed by him to my Credt in the Bank of Virginia. Mr. Rutherfoord informs me that this has in effect been done and I inclose my bond for that sum which your brother desired might be forwarded to you. It was understood that a moi[e]ty of it accrues to his Sister Betsey, and if his arrangemt. with her, does not make it appear to be the case, I shall readily substitute for the bond executed a separate bond for each.

It appears that your brother underrated his Stock, in settling the amount of its proceeds with me. The inclosed check for $16. repays the balances due to him. With affece. esteem

J.M.

Draft (NN: Lee Kohns Memorial Collection). Conjectural year assigned based on internal evidence and in comparison with John Rutherfoord to JM, 25 May 1827, and Coles to JM, 7 June 1827.

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