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Robert Schenck On Railroad Matters

Currency:USD Category:Antiques / Books & Manuscripts Start Price:54.00 USD Estimated At:90.00 - 125.00 USD
Robert Schenck  On Railroad  Matters
Stock certificates from the United States and other countries around the world. Items offered cover a wide variety of collecting topics including automotive, railroads, mining, autographed and much more.
ROBERT SCHENCK (1809 - 1890). Union general during the Civil War, politician. ALS. 1 page. 8” x 9 ¾”. New York, Jan. 8, 1857. To H. H. Devendorf Esq. Your letter & telegraphic dispatch, addressed to me, respectively, at Boston & here, have been duly received. The note of the Western Air Line R. R. Co. for $5,000 due at the American Exchange Bank in this city on the 8/11 inst. will be paid. It is provided for. The ten bonds of Marshall Co., Ill. which you hold as collateral, I shall find, I presume, with the note. If not, let them be forwarded immediately. Your offer of an extension by renewal, for ten days is declined. It is not worth the trouble to us. I have not claimed that Mr. S. Remington had power” to make a binding engagement of himself for your bank. But I did think that the opinion expressed by him, a director, & himself one of the endorsing parties, & through whom the loan was obtained, that the note would probably be renewed on the same term for another 90 days might be in some degree counted on. However it is not like the case of the $9000, I admit, in which I had communicated to me the positive promise of the offices of the bank to discount & therefore, in this instance, I have no complaint to make. Respectfully yours, Robert C Scheuck.” Excellent.