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Title:[Letter] 1840 Feb. 25, Murfreesboro, Tennessee [to] Levi Woodbury / M. Spence : a machine readable transcription of an image
Author: Spence, M.

This work is the property of the Tennessee State Library and Archives, Nashville, TN. It may be used freely by individuals for research, teaching, and personal use as long as this statement of availability is included in the text. For all other use contact the Tennessee State Library and Archives, 403 Seventh Avenue North, Nashville, TN 37243-0312. (615) 741-2764.

Date: February 25, 1840
Extent: 3p
Summary:This document is a letter dated February 25, 1840 from M. Spence on behalf of the Nashville Murfreesboro & Shelbyville Turnpike Company, to Levi Woodbury. The purpose of the letter is to assure payment of interest due on the state bond; Spence cites scarcity of specie for the delay.
Collection:Governor James K. Polk Papers
Document: sl673

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Murfreesboro Tennessee
Feby [February] 25th 1840[added: Hon [Honorable] Levi Woodburry Secty Trea [Secretary of the Treasury]]Sir

The cashier of the union bank of Tennessee called on me as treasurer of the Nashville Murfreesboro & Shelbyville Turnpike Company for the semi annual payment of Interest due on the State Bond which fell due last month and I am sorry to inform you that the payment as yet has not been made which is in consequence of the great scarcity of specie here, and in Nashville. the Company, having nothing but the Common Currency on hand but so soon as the demand was made myself and other members of the Company. made every effort to procure the amount in specie but we could not obtain it at any rate as almost every dollar has been boughte [bought] up and carried off by a salt Company and others but I have no doubt but the amount can be obtained in a few days if so you may be assured the amt [amount] will be paid over immediately and my object in writing to you was to inform you that the delay in payment was not caused by any neglect

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or [unclear: inattention ] on the part of the Company but alone for the unexpected scarcity of the proper sort of funds to make the payment [unclear: in, ] but I again assure you that every exertion will be used in paying the amount which I have no doubt will be in a few days

[added: with respect I am your obt sert]
M Spence
[added: Treasurer N.M & S [Nashville Murfreesboro Shelbyville ] Turnpike Co [Company].]

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Hon Levi Woodburry scty [secretary] Treasurey N States Washington City
T. No 103 [unclear: March 6 ]]

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