Thomas Jefferson Papers

Bernard Peyton to Thomas Jefferson, 1 June 1820

From Bernard Peyton

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 back 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, & beg you will accept assurances of the sincere regard & attachment of

Dear sir Yours Mo: Truely

Bernard Peyton

RC (MHi); endorsed by TJ as received 3 June 1820 and so recorded in SJL. RC (CtY: Franklin Collection); address cover only; with PoC of TJ to Katherine Duane Morgan, 26 Jan. 1822, on verso; addressed: “Mr Thomas Jefferson Monticello Milton”; franked; postmarked Richmond, 1 June.

TJ’s recent communication to Peyton enclosing a note for the renewal of his loan at the Farmers’ Bank of Virginia has not been found and is not recorded in SJL.

Index Entries

  • Farmers’ Bank of Virginia (Richmond); TJ’s loan from search
  • Jefferson, Thomas; Business & Financial Affairs; loan from Farmers’ Bank of Virginia search
  • Peyton, Bernard; and TJ’s loan from Farmers’ Bank of Virginia search
  • Peyton, Bernard; letters from search
  • Peyton, Bernard; letters to accounted for search
  • Richmond, Va.; banks in search