From James Welch
[c.24 November 1797]
Sir, I will lease Your Land on the Great Kanawa for 99 Years (Viz.) 23,000 Acres for which I will give You £50 Thousand Yearly which will amount to £1150 Year[.] Total amount 113,850.1
1. On this day James Welch came to Mount Vernon with a letter from Daniel Morgan dated 30 Oct., introducing him as a man “in trade at greenbrear court house” who had come to him with “letters from some of my acquaintance in augusta wishing me to Introduce him to you by a line.” GW docketed Welch’s memorandum, “presented 24th Novemr 1797,” presumably at the same time that Welch presented Morgan’s letter. Welch wrote GW on 29 Nov. spelling out the terms on which he wished to secure GW’s Great Kanawha lands. For a further summary of the negotiations between Welch and GW leading to the long-term lease of these lands on 16 Dec., see note 1 in Welch’s letter of 29 November.