Thomas Jefferson Papers

LeRoy, Bayard & Company to Thomas Jefferson, 7 August 1816

From LeRoy, Bayard & Company

Newyork the 7 August 1816.

Sir

In reply to the communication we made to Mess. N. & J & R. Van Staphorst on the Subject of your last favor to us under date of the 7 of May, whereby you proposed to discharge the amount due them in three annual installments, these friends have written to us as follows, we quote their own words, Viz “Our intention in this advance having allways been to oblige mr Jefferson we will allow him every facility to discharge the amount due to us in the manner heretofore mention’d (within three years from 7 May last) and readily consent to the arrangement proposed which we request you to bring in due order. We beg you will communicate it to that Gentleman together with the assurance of our true regard” and while we acquit ourselves with pleasure of this Commission we make free to repeat for good understanding1 Sake that in compliance with your proposal we Shall calculate on Successive payments under

dates of 7 May 1817 $ 2083.20 } with interest @ 6% per annm from the 1 Day of January 1816 to the respective periods.
7 May 1818 " 2083.20
7 May 1819 " 2083.20
We have the honor to Subscribe with great respect   Sir Your obedt hl St
LeRoy Bayard & Co
   Successors to
LeRoy Bayard & mcEvers

RC (DLC); in the hand of a representative of LeRoy, Bayard & Company; at head of text: “The Honble Thomas Jefferson Monticello”; endorsed by TJ as received 14 Aug. 1816 and so recorded in SJL.

TJ’s last favor was dated 7 Apr. 1816, not the 7 of may.

1Manuscript: “undestanding.”

Index Entries

  • Jefferson, Thomas; Business & Financial Affairs; debt to N. & J. & R. van Staphorst search
  • LeRoy, Bayard & Company (New York firm); and TJ’s debt to N. & J. & R. van Staphorst search
  • LeRoy, Bayard & Company (New York firm); letters from search
  • LeRoy, Bayard & McEvers (New York firm); and TJ’s debt to N. & J. & R. van Staphorst search
  • Staphorst, N. & J. & R. van; TJ’s debt to search