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TEXAS STATE LIBRARY
requested me to express their regret that the Bank should not be in a situation to take the proposed Loan, which they doubt not will prove highly advantageous to the contractors Sellers, for account of this Bank, of the Bonds of the State of Louisiana and having so far succeeded in actually disposing of but :$6,600,000.-of the $12,000,000. to which it is entitled, you will readily conceive that until the Board have negociated the remainder -of these Bonds, they cann:ot, in justice to the stockholders of this Institution, .attempt to operate in any other but these securities. The Board are highly flattered at the selection which the President 'Of Texas has been pleased to make of this Institution as the deposi- iory & agent of his Government for such receipts and disburse- ments as it may have to make in the United States and I will be -much obliged to you to say to his Excellency that the Board & myself :fully appreciate this mark of his confidence and deeply regret that -circumstances should make it an imperative. duty with us to decline for the present entering into any treaty for the proposed Loan but that we should feel real gratification in having it in our power to ·subserve his views so far as it can be done consistently with the jnterest of the Institution instrusted to our management. Should l\Ir. Rieley succeed in effecting the object of his mission to the United States and the interest on the Bonds he will have negociated be made payable in this city, the charge for paying the ·same will be the regular commission which we have to pay ourselves upon all such operations say ½% on the amount disbursed, no ,charge being made on the receipts to meet the same.
I am very truly & respectfully my dear Sir Your most Obt. Servt. Wm. Patin Wm. Patin Pr. [rubric]
I Endorsed] '\Vm. Patin, Pres. Bank of Louisiana-
New Orleans, Feb. 22, 1839.
No. 1084 1839 Feb. 22, M. B. LAMAR TO INHABIT'ANTS OF ROBINSON'S COLONY 43 Letter To the Inh_abitants of Robinson's Colony.
Executive Department Houston 22nd, February 1839.
Fellow Citizens
I continue to learn with deep regret, the dangers and embarrass- "Copy. In no. 361.
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