Letter from Dr. Alfred E. Stearns to Mr. Thomas Lee, November 25, 1916

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Title

Letter from Dr. Alfred E. Stearns to Mr. Thomas Lee, November 25, 1916

Subject

Letter from Dr. Alfred E. Stearns to Mr. Thomas Lee, November 25, 1916

Description

Typed letter sent from Dr. Alfred E. Stearns to Thomas Lee about Lee's finances. Enclosed checks for $39.31. Explains it includes cash on and remainder of $700 loan. Unable to send requested $60. Explains Lee still owes $700 from bank loan. Renewed loan for six months. Hopes Lee will settle. Enclosed bill from New Haven.

Transcription

My dear Tommy:

I am enclosing herewith checks aggregating $39.31. This represents the total amount of cash I have on hand at this time to your credit, and, of course, is part of the $700. loan to which I referred in my recent letter to you. I can't quite make up the $60. you have asked for, "but I am sending all I have on hand. This cleans out the account and leaves you still indebted to the bank to the extent of $700. I had to renew that loan only this last week and pay interest upon it. I renewed it for six months only, however, in the hope that you would find a way to settle it during that time and thus save additional interest.

I am also enclosing a bill which came for you this morning from New Haven. I hope you are not getting hopelessly entangled in financial difficulties.

Kindly acknowledge receipt of check and return the enclosed receipt at your early convenience.

Faithfully yours,

Enclosure

Creator

Dr. Alfred E. Stearns

Publisher

Phillips Academy

Date

November 25, 1916

Rights

All Rights Reserved By Phillips Academy

Language

English

Type

Correspondence

Collection

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