Copy of a letter to Dr .
176. Hudson Str
City January 4. 1842
Yours of the 11th Dec. post Marked 13th. is recived & I have this day made a purchase according to your request, of 60 acres of land off the South Side, of the south east quarter, <of> Section 9. of Township six north, of range 8 west, of the 4th principal Meridian in the tract appropriated for Military bounties, for the Sum of $480. I.E. $8. per Acre, which is less than its present value, & that on account of Previous advances on your part.
The land is situated about 2 miles east by south of the , and of an excellent quality though perhaps not quite so great a proportion of timber as you would have preferred, yet it was the best chance which presented itself to me at present , We do not long expect to be dependent on wood, from this immediate vicinity for firing our , there are, unquestionably, inexaustable mines of coal in the neighborhood, not far beneath the surface, which we expect will shortly be opened, furnishing an abundance of fuel at a moderate price, & also lights for the , as soon as means can be brought in requisition to establish Gas works.
The purchase I made of Mr & have his deed to you for the Land, & I shall improve the earliest opportunity. to forward it to the Recorders Office, for entry, and after that is accomplished I will file it away with my Deeds, holding it subject to your order.
| The certificate of deposite referred to in your letter, July 12— 1841 for——||$425,|
|together with the 8th Sept for . of|| 40|
|deducted from the,——||480|
|paid for the land, leaves a balance in my favor of ||$15||—|