Creator

Walter Brown

Creator

Walter Brown

Recipient

John Muir

Transcription

01249

[letterhead]

Dec 24# 1886

John Muir Esq Martinez Cal Dear Brother:

Yours of Dec 5 th came safely but during my absence from the City. I will try to state the can[illegible] which I have taken with your $2000.0 and the present condition, After receiving your money I bought for you 3 acres of land at 2000# per acre ($6000) paying 2000.$ each and your notes for 4000.$ later I traded it for the house and lat. 909 Lydia Ave in this city which we called fifteen thousand dollars but which is really worth about 13,000.$ on this there was a mortgage for 5000.$ resuming about four years and our for 2000.$ which fell due Oct 5th this I have been carrying at the Bank since this I have tried to replace by sending notes and mortgage to you to sign (after orginatiting through with a money [illegible]).

The 4000.$ which you gave your notes for was assured by Mr. W.S. Brown, with whom I traded So you are not held for these.

You now have a house worth 13,000.$ which rents for 75.$ per month and you owe on it 7000.$ You also have a note securred by



01249

[letterhead]

2/

Second mortgage on our and our half acres of the land you sold, for 250.# A 8% interest for a[illegible]. You also have in my hand at this date #926.83/100 (See Statement) but of that [stricken word] I must pay out within a few days about 270.$ for interest on 5000.$ mortgage and state and county taxes.

The other money or remaining is no more than I shall likey need to pay expenses and com- -missions when I trade the house off, the rent is paid until Apr 1st 1887 (See Statement) Now I do not like to carry this 2000.$ at the Bank for it diminishes my credit just that much. I have secured the Quit Claim deed only a day or two since and it cost 150.$ (See Statement) The three other acres which I put in were on a contract which I got in consideration of Mr. [illegible] the 3 acres purchased for you so it is yours, as much as the land actualy brought, but by the contract I only got for you one half of the profits on the 3 contract acres above 2000.$ per acre, thus the 3 contract acres does not cut any figure as it quickly increases your profits, so you have in the house and lot about 6000.$ one note 250.$ and about

01249

[letterhead]

3/

650.$ each on hand making a total capital of 6,900.$ in round numbers, after paying all of your incumbrances Now if you have received all of my letters you will find these facts stated at different times.

Now please date [stricken word] the mortgage and notes to take effect Jany 15th 1997 to [illegible] over year and be careful that they are all right and acknowledged properly and hand them at once to me as I want to get this matter closed as soon as possible. As I have told you [stricken word] in my letters you are not charged one cent for my serives.

Hoping that I have made it all clear to you I am Very Truly Walter Brown

Kindest regards to you and yours and Annie Muir. B.



the #2000. mortgage which I want you to send is to take up the 2000.$ which I have been carrying for you at Bank and so does not increase your liability in the least. B.

01249

To John Muir

1886 Dr Cr

Jany 6 By Dft $2000.00 July 27 " Notes from W. S. Brown 1500.00 " 29 " Rents from house 300.00 " 2 " " " " 300.00 " 29 " cash from W. S. Brown 158.80 Sept 27 To cash paid on 3 acres land 2000.00 " " " Recording Deed 75-¢-city taxes on 3 acres 26.42 July 22 " making Deed and Abstract 4.50 " 27 " Examining Abstract & Notary fees 20.50 " " " Recording Deeds and insurance 69.50 " " " Interest on 3 acres 124.42 " " " from sale of $1500, [illegible] $250 is not sold I hold it for you 250.00 " 30 " Nails, fixing Keys etc 2.00 " 31 " fix double doors and 2 laborers 1 day each 5.00 " " " two brass rods for front doors 1.00 Aug 11 " discount on $1250, late sold 127.55 " 14 " Examining Abstract and making lease 22.00 " " " paying Interest note to Carey 201.25 " " " Commission paid to L. A. Dodds 154.69 Oct 5 " Interest note paid to La Force on $2000 100.00 Dec 5 " " paid at Bank 60_day " " 33.89 " " " fixing walk & Electric Bill 4.00 " 9 " " furnace pipe 9.45 " 18 " Quit Claim Deed to 3 acres 150.00 " 20 " 40 days Interest at Bank (on $2000) 25.55 $3,331.97 4258.80 " 23 By Balance cash in my hands 926.83

01249

Location

Kansas City, Mo

Date Original

1886 Dec 24

Source

Original letter dimensions: 25.5 x 21 cm.

Resource Identifier

muir05_0736-let.tif

File Identifier

Reel 05, Image 0736

Copyright Statement

Some letters written to John Muir may be protected by the U.S. Copyright Law (Title 17, U.S.C.). Transmission or reproduction of materials protected by copyright beyond that allowed by fair use requires the written permission of the copyright owners. Responsibility for any use rests exclusively with the user.

Owning Institution

University of the Pacific Library Holt-Atherton Special Collections. Please contact this institution directly to obtain copies of the images or permission to publish or use them beyond educational purposes.

Pages

5 pages

Share

COinS
 
 
 

To view the content in your browser, please download Adobe Reader or, alternately,
you may Download the file to your hard drive.

NOTE: The latest versions of Adobe Reader do not support viewing PDF files within Firefox on Mac OS and if you are using a modern (Intel) Mac, there is no official plugin for viewing PDF files within the browser window.