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DEAR SIR:

Urging the Payment of a Bill.

BOSTON, January 10th,

As I have a heavy payment to meet on the 20th of this month, I must beg you to give immediate attention to my account, which has already run far beyond my usual limit of credit. You have not made any payment on this account for the last three months, and I must really urge greater promptness on your part, as the nature of my business does not allow me to remain out of my capital so long.

MR. STEPHEN FREE, BOSTON, MASS.

Very Respectfully Yours,

HENRY FRENCH.

An Urgent Application for Payment.

SIR:

BOSTON, January 20th,

Feeling much disappointed by your failure to settle my account according to promise, I am compelled to say that the profits on my business will not admit of longer credit. At the same time, I should be sorry to inconvenience you, and will therefore fix the 27th instant for payment. after which it will be quite impossible for me to wait, however unpleasant the alternative. I am, sir, yours obediently,

HENRY FRENCH.

Request for Extension of Time.

PROVIDENCE, R. I., May 20th,

MR. JOHN GRESHAM, CEDAR ST., NEW YORK.

SIR :

It is with undisguised vexation that we find ourselves obliged to inform you that, after having conducted our business affairs with satisfactory punctuality for a series of years, we have, by reason of the untoward stoppage of the Artizan's Bank, discovered our financial matters to be so disarranged as to solicit at the hands of our creditors an extension of time, not only for the payment of our paper now matured, but of all outstanding liabilities. We are, at the present moment, engaged in the balancing of our books, and request that you will not only forward to us an abstract of your account current with us, but your consent that we be allowed the term of twelve months for the adequate adjustment of our liabilities and the collection of our assets, by the end of which we trust to be able to settle to the satisfaction of our creditors in full of all their demands.

Humiliating as this proposition is to us, rest assured that it has been forced upon us through circumstances beyond our foresight or control, and is now made with a due sense of our responsibility towards the body of our creditors. Our assets, managed in our own hands, we are confident, will realize, within the time specified, not only an amount adequate for the liquidation of all our debts, but leave a balance in our favor, which, conjoined with the advances of friends, will doubtlessly enable us to resume business under favorable auspices. On the other hand, should we be compelled to declare ourselves bankrupts, our honor, as well as our credit and resources, will have to be sacrificed to realize but a dividend, in favor of creditors, upon an estate which, properly nursed, can be rendered productive of payments in full for all claims at present held against us.

Trusting to your appreciation of our motives, and convinced of your reliance upon our probity and honor, we remain, sir, your very humble servants,

GREENWAY & Co.

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