Folder 3

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Scope and Contents: Expression of opinion concurring with Townsend's to the effect that there is a policy of procrastinating the suit. Also states that there is no possibility of effecting it now, although Emmet has been supplied with all data. Sinking fund not so concerned this year as anticipated. Fever was of great injury to us but we may be able to make up the loss of travel now. Funds are so high that I shall propose to Commissioners to invest in good bonds and mortgages at 7 per...

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Mr. Livingston ordered a meeting of the Board at the office of the Company this morning at 10 o'clock but in consequence of your not arriving it was adjourned until tomorrow. Your attendance requested. Mr. W. Livingston goes to Washington on Thursday morning.

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Plan for hiring the Fulton from The Fulton Company for $250 a week to substitute her for the Fire Fly which is too small to accommodate the passengers and request that advertisements be altered accordingly.

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To send the Fly up on Saturday With the Chancellor for purpose of being employed towing sloops &c. Advise giving public notice to that effect. Engineer and one firemen on board and with Joseph Gillespie from the Chancellor they will be sufficient to take charge of her. Estimates not yet completed.

Scope and Contents: Approval of altered advertisements. Mr. Livingston agrees to pay D. Colden. Request for instructions pertaining to Mrs. McCammon as told in presence of Mr. Brown. Fly to be sent with Chancellor this evening, Joseph Gillespie to take charge of her and if John Fosdick can be of use it would be charity to keep him and if he can not be of service let him return in Chancellor. Working on plans and models for new boat but n? contracts have been furnished having changed...

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Refers to draft received end paid, Mrs. McCammon end sending of Mr. Brown with $100 but she was not at home. Shall have models of a new boat and estimates in a few days. Shall send a few copies of Colden's letter and when finished, will send more. Boats go up pretty full. Expect press of travel will end next week.

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Report of consultation with Lynch relative to running boats only three times a week and plans for giving notice of altered schedule. Draft of $5000 received end paid. Expect to have all the models and estimates early next week and shall contract for the frame. Mr. Kemble will present full estimate of each item. Will send a number of copies of Colden's letter by tomorrow's boat.

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By extraordinary exertions of Mr. Berkbuk we have got the Chancellor off and for fear of accident the Fly is sent Along again so she may have a chance of doing something at Albany and to be ready should the beam give way again. Request publication of our change of line after next week. Solicit opinion about buying lumber for new boat this season. The Commodore will convince you of propriety of doing it.

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Receipt from Mrs. McCammon mentioned and $100 thereby passed to your debit. Subject of getting lumber for new boat brought to attention. Advertisement of new schedule inserted here and request that it be put in Albany papers. Suggest that Townsend drop a line to R.L.L. asking when board will meet. Gutters here were frozen this morning end ice at Albany. St8rt the Fly the moment you see danger - do not let her freeze up.