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an intent of 5 per cent payable some annually
-The intrest on these loans remains unpaid
The Bank of Tennessee having refused to pay ityoru
of survey $2.40on each one hundred dollars (?)
bed- and I ^respectfully submit whether as the intrest
has not been paid upon any portion of the
State Bonds the appropriation should not be as
large as to cover that also justice to the Co and good
faith to a sister state would seem to require it
The (?) of the survery- makes profites (?)
(?) (?) are all now the property of the State
of private stockholders- I will be of service in
furture works of (?) (?).
I have been requested by Col (?)
President of the Co. to bring this subject to
your attnetion and beg leave to refer you to the
accompanying (?) and to my official report
as proxy of the State under (?) Dec 10 1840
Have the
Honor to be
Most Respectfully
your Obt. Servt
J G M Ramsy
Agent L. C. and C. R. R. Co