Allens Lottery & Exchange Office Washington June 25. 1825.
I hold your note in favour of Mr John Payne Todd for $500. which is payable on the 10th of July next. When I gave Mr Todd the Cash for it he said the note would be paid here, which is my wish, but if it would make any difference of moment with you, I could send it to one of the Banks in Fredericksburg Va for payment. Should you wish it sent to Fredericksburg, please inform me—Very Respy
C. S. Fowler
RC (DLC). Docketed by JM: "pd accordingly."