
          the person specially designated in the advertisement
 as being a conductor of the undertaking.
 Nay more, you must allow me to say, that I conceive
 you are bound in common propriety to complete
 a bargain which you had commenced; as you received
 value for a certain amount of return upon certain
 conditions: that is, that the adventure should turn out
 successful. As it had so far, that certain proceeds
 were received, you are I conceive under obligation
 to notify the subscribers, even if that should be the
 whole of your bond, leaving it to them to take the proper
 steps to received their share, however ungracious
 it might be to take this money and leave them
 to find out a way of getting their value for it.
 I hope you will not think I make use of strong
 language or if so, that you will excuse it from my
 having so repeatedly attempted to get an answer
 from you. I shall be satisfied by hearing your
 explanation even if it should turn out that we are
 to lose our money, as we then shall be relieved
 from any expectation.


 With best wishes for your health and prosperity


 Yours very truly


 A.F. Holmes


 Dr Torrey

        