Documentary History of the State of New York, Vol. II

M^ DeLancey has lately wrote me that on a Survey made of the Tract which he bought & which was Computed to be f 1,000 acrjs it proved but 18000 so that a Deficiency remains of 3000, wh'ch Computed at 5-8 NY (\irr. an acre amounts to the sura of £856:5:0 Curr. which with the Quit rents due, the money he has paid & an allowance made to the Ind^, with the principle and Inurest due on the Mortgage to the late S'^ Peter Warren inc uding a debt also due to his Estate from the late Heny : Cosby Es''". for rent on a Lease of Turtle bay which Debt is secured (ht says) & protected by the Mortgage make the whole sum am'. to ;'016. 17.2^ that the sum to be paid you was only ^8500. on a s ipposition therefore that he is to pay the Quit rents, Mortgage, & /)ebt on Lease there will be a ballance due to him from you of . 21516. 17. 2| he has therefore applied to me m y^ most pressing mai'Jier to represent the hardships it is to himself and partners & to i-equest you would settle with Lady Warren & pay oft" the prmcipal & Interest due on the Mortgage as also the Debt on the Lerse which is thereby secured & must be discharged (if required) when the Money due on the Mortgage is paid, all which I must recommend to your Consideration.

The late Indian hostilities which I can hardly consider as yet Settled have prevented my being able hitherto to do any thing