Stephen Austin to Unknown, 01-10-1801
Summary: Concerning the business of Stephen and Moses Austin in Virginia.
Account in the Settlement at 3666 D 66 C with the expressed
conditions if M A did not repay that sum in twelve months then I was
at Liberty to sell them for cash for what they would bring which if
had been done would have sacrafisd full half the sum the lands was
charged me at I am therefore willing to allow the price the
Gentlemen aprised them at I therefore request Mr. James and Charles
Austin to Credit M Austin's private acct with the Value of the
remaing Lands as apprised but first deducting the overcharge on
Benghams bottom and Newfield place I have requested Jas and Charles
Austn to state the Acct of all the particulars taken by M A as well
Cash as what was taken by Kendal on his first trip west and other
things and if there is any over or short charge to add or deduct such
sum from this Acct which when all this is done will no doubt Leave
due me about the sum of 12000 Dollars a sum every Dollar of which
I have actually paid out of my private Pocket and it is a sum justly
due me from M A for the statement I have made is in Equity and
Good Conscience and as God is my Judge I have made it as if under
the most Solem Oath to do justice between M A and myself and
although he may think it hard to be charged with the Loss on the
Estate of Merril and Austin still it is much harder that I had all the
trouble of doing all the business after Mr. Merrils Death which took
me sum years to close nor on the Money advanced for the Estate am
I allowd one Dollar Expence nor Interest on the Money besides all
which I was arested in England for their debt only and thrown into
prison and at last holden on bale 2 years and 4 months besides all the
costs of the suit at least one hundred guinas—M A may also think
hard to pay part of my Expence during this time but it is just he
should be charged with the half though I have charged but one third
because he advised and Consented to my going to England to make
sale of the Lead Mines and which I actually did sufficiently Effect to
the Amt of £8400 sterling if he had effected the incorporation of the
Company besides this Acct there is still and ought to do me Justice be
settled and for which I now hold his obligation at the expiration of
the partnership in 1800 to be adjusted the following Acct (Viz) M A
and C° Acct due S A 12647 Dollars 65 Cents due him more than 10
years the Interest of which for this time was to be left to arbitration
to three men Chosen by us both the Opinion of any two to be binding
on in besides this Acct there is M As private Acct while at Richmond
his family Expences for Seven years to defray which by an
agreement in the partnership he was to be Allowd 5 pet on all actual
Sales to support his family but the money and Goods charged his
Acct by himself in his own books Amts to double the commission
A copy of the Original