WRITINGS OF 5AM HOUSTON, 1831-1832
233
you can judge of the expediency of retaining those I lately sold you or not as you please- I state this because I feared you did not fully understand the nature of the transaction as I intended it the stock in the Dominguez Grant beeing on acount of a for- eigner to whoom I am bound to acount and a[d]vise when Sales are made it was my Design to make that part of the sale positive on the terms stated say for your obligations payable in one year for one half of one joint purchase at the [amount] 1594. 42 cents and 3188.82 payable sometime on interest The Script or Stock in the arkansas & Texas Land Co belongs to another concern with whome I made a conditional arrangement giving you the right to comitt[ ?] Same as position [positive] and conclude or not as you might determine on your arrival at Nashville If there- fore your should not think the bargain worth [what] you wish you may decline it altogether and transmit the scrip to me by the first safe opportunity on your account at nashville or before if you should sooner determine you also have the same liberty in regard to the Dominger [Dominguez] scrip notwithstanding I intend that as a positive sale If you can determine beefore you leave washington about this sale it wiil but accomodate me that I may there by be able to advise the owners although these pairs are all at the same price to you yet th.ere may be much difference in the value The Dominguez Grant is more valuable than the arkns & Texas Co- and less value than the Galviston Bay Co hence if you ta_ke the Galviston Bay Co Scrip alone you must pay 12-1/2 Gentes per acre as by arrangements already made by Genl Mason on that Scrip may now bee located by any person now on either of the Grants of Zavala, Vuhln [Vehlein] or Burnit one of which grants are very valuable and said to be worth 5 to 10$ per acre This makes the Scrip of the northern grants which cannot bee so well located withotit some further arrangements of the companys of Grants- As to [the] Dominguez Grant has about 4 years to run much advantage may arise by the exacte mentions of grants of other grounds which will sooner or later expire Travelers who have been on the northern grants Describe them as being well watered and of good soil climate and much better suited the constitution and character of northern emigrants than the land nearer the Sea cost Besides if there should be a 1:elinquishment of any part of these Grants for a public Domain it is probable that it may bee proper to require a large[r] quan- tity or proportion of the northern than of the Southern Grants & in some degree proportionate to the value of each as their lands
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