Transcription
for Gilmour and Rankin
Document
#11
Page
1
Saint John 28 August 1838
Dear Brother
I am happy to say that since Sunday
Ann has been able to sit
up an hour or so each
day and gaining strength
may soon be expected
to recover
I leave in the morning for Canada
and expect to be back within
3 weeks when It
will be necessary to think
of completing my
arrangements for leaving
Among other things a
power of attorney to sell
Land, and do all manner
of Business will be necessary
and shall I include
both you and [Mr]
Pollok, one or Either to cut as the
Case requires I suppose
I may also sell off
[tho] there are things of
little bulk and some
value that might go home
in the Spring as to
which plan give me your
advice [Mr]
Pollok will no doubt need
some things ___
I have not as yet Spoken to [Mr]
Pollok about the price of
my share but altho
not exactly in the Spirit
of the reading of the
Contract it does not seem
reasonable that I
should be called upon to
make so great a sacrifice
in his favour It
is true I am receiving a loan
from W Gilmour and as such
I view it, it may
be something like the following
altho of course
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all ideal
Suppose Glasgow
profits
June 1838 £15000 [By]
1/6 2500
Quebec `
1837 & 1838 20000
1/10 2000
Miramichi [...] Bay 1837 & 1838
10000 1/10
1000
St John
1837 & 1838 24000
1/12 2000
7500
Less 1 yr Interest on £
75000 4 [...]
3000
4500
[for] assuming a responsibility
of £75000 but
if I give away my 1/4 of
the St John gains of 1837
&1838 supposed £24000
[...] [it will be] 6000
for 1 yr Interest on £18000
900
5100
& when I spend the latter
Sum
I will not have a more comfortable
[home] than I have now I
think
900
6000
Saying nothing of the great
increase that would have
[...] of all my other partners
like [Mr] A Gilmour
had been willing to have
accepted my offer and
let the Concern have been
wound up, which
it is needless to say would
have been much
more to my mind than a new
arrangement
under present prospects,
and for the fear of
failure in the part allotted
to myself I
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would not wish to leave
the Concern [bare] by any
means, my practise has been
to make such
allowances as let all the
profit on foods sold
and unpaid fall into the
following Year,
and So upon Every other
thing Ample allowance
all this I am quite willing
to do and after
this take my share of £10000
Currency less
than may be happens to be
the Stock
Account of 1 Feby 1838
that is if it happens
to be £120000 I would
be willing to take
£27500 without Interest
or I will leave
it to the [Messr] Pollok
to name but let
me have your opinion and
advice [before]
time I return.
I remain Dr Brother
Yours truly
Robert Rankin
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Alex Rankin Eq
Miramichi
No 49
Robert Rankin
28 Aug 1838
re 31st
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