J Steele, Letter to Benjamin Chew, 1801

J Steele, Letter to Benjamin Chew, 1801 Treasury Department, Comptroller’s Office, May 9.th 1801. Sir I have received your letter of the 4th instant, requesting that the Dividends on one thousand and twenty on Dollars and seventy six Cents Deferred Stock standing in your name at the Bank of the United States. This can only be effected by a transfer of the Stock from the books upon which it now stands credited, to those of the Loan Office of Pennsylvania; as the arrangement hereto made by the Secretary of the Treasury for permitting the payment of Dividends at that Bank on Stock which might stand credited on the books of the Treasury, is applicable only to foreign creditors. The reason which induced the arrangement, as well as the discrimination between foreign and domestic creditors, being fully stated in the Secretary’s notification on the subject, I deem it unnecessary to repeat them here. I am, Sir, Very respectfully,v Your Obedet Servant, J [?] Steele Benjamin Chew, Esqr Writer J Steele Date written May 9, 1801 Paper x in x x in Pen Penmanship Style Collection Historical Society of Pennsylvania Chew family papers Collection 2050 Chew, Benjamin (1722-1810) Correspondence J Steele to Benjamin Chew (1801) File name J Steele 17xx-00x-00x-00x