with these debts sadled upon <​her​> her credit gone entirely and so badly damaged that before she could do business at least four hundred dollars must be expended in repairs— two families and a gang of hands on bord eating her up and but the small sum of sixty four dollars on ha[n]d. I thought best to call on for the $64 remove the deposits made an arangement for the payme[n]t of Mc Callisters Bill for which she was sued and commenced a suit against for a settlement and attach the Boat the only way the thing can be done according to the statutes of this state I accordingly set the Lawyers at work but while I was looking up surities which was necessary to give sold one half of the Boat to capt O F Miller who formerly run the <​S. B. [steamboat]​> Desmoin [Demoine] now owner of the S. B. Elizabeth with this new feature I thought best to compromise the matter try to raise means to do one half of the repairs and get her out of debt and delay littigation untill I could hear from you [p. [2]]