March 6# 1886
John Muir Esq Martinez Cal
My Dear Brother:
I have at last bought a tract of [illegible] for you, or rather bargained for it, I shall make a contract in the morning and pay a small earnest down thren we will get (gat) up an abstract and I will have my attorney examine the title when if it is found all O.K. I will take deed in your name and give Deed of Trust back for the unpaid portion ($4000.) I having bought three (3) acres @ 2000.$ per acre, I shall have to sign your name (as agent).
Now you asked me to buy only 5000.$ worth for you but I could do better by talking for you 1/2 of a 6 acres lot, but in case you feel disappointed I will give you 1000.$ and so relive you of liability that much. the land is pretty and high and very near 17 acres that I own a share of and adjoining a small piece that I have a professional interest in. I shall spend some money with the news papers and we are now opening Prospect [illegible] to go fast and this land lies near it so will get
Some of the benefit, I shall [illegible] about 300.$ to [illegible] that part of town this spring and to have no doubt that we will sell very soon. If you had told me to gamble for the largest possible gain I should have bought options on business property but I did not dare to. Some lots (50 feet front) on Walnut St here sold up from 85$ to 300.$ for front foot within 5 months [illegible] have made from 2000. to two thousand in a week on $3 [stricken word] to 5000.$ margins. I waited all thru Feby for David to send his money to put with yours but he did not send it so I will do all I can as it is. I am sorry I did not have money on hand of my own or I would have joined in with you but I have done the next best I have got controll of a firm adjuoining. We are going to start a Nat'l Bank with at least 500,000$ capital this Spring do you want to take 5000 or 10,000.$ of stock in it? it will pay from 10 to 20 %. It is my friends and they are all O.K. and they now have a system of small banks in Kanses and the Kansas City Safe Deposit and Savings Bank here. Love to your family and Annie.
Regards, Walter Brown
Kansas City, Mo
1886 Mar 6
Original letter dimensions: 25.5 x 21 cm.
Brown, Walter, "Letter from Walter Brown to John Muir, 1886 Mar 6." (1886). John Muir Correspondence (PDFs). 1668.
Reel 05, Image 0624
Online finding aid for the microform version of the John Muir Correspondence http://www.oac.cdlib.org/findaid/ark:/13030/kt0w1031nc
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