Gray Letters 1858 03 03

Letter

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Museum of History Benicia

The image is of a handwritten letter dated March 3, 1858, from New Bedford, addressed to Mr. S. C. Gray. It mentions receiving a previous letter from Mr. Woodbridge, which outlines his financial transactions over the past year. Mr. Woodbridge reportedly postponed the payment of interest due to recent land purchases for the protection of his stock. The author expresses concern about Woodbridge's ability to meet future payments, citing a precarious salary and large family.

The image is of a handwritten letter dated March 3, 1858, from New Bedford, addressed to Mr. S. C. Gray. It mentions receiving a previous letter from Mr. Woodbridge, which outlines his financial transactions over the past year. Mr. Woodbridge reportedly postponed the payment of interest due to recent land purchases for the protection of his stock. The author expresses concern about Woodbridge's ability to meet future payments, citing a precarious salary and large family.

Name/Title

Gray Letters 1858 03 03

Entry/Object ID

2024.10.1.64

Description

This is a letter from Edward Crocker in New Bedford to Samuel C Gray in Benicia and dated 03/03/1858. It talks of the loan to Mr. Woodbridge (Rev. Sylvester Woodbridge - 1813 to 1883). M<r Woodbridge has asked to postpone the payment of his interest on the loan. He was buying a number of parcels of land to protect his stock. Mr. Crocker has doubts about his ability to repay the loan due to Mr. Woodbridge's "precarious" salary, large family (6 children living with him in 1860 census) and the fact that the land purchases may not be able to be sold at a profit. Mr. Crocker has several reasons why he thinks there will be increased population in California over the near term.

Collection

Benicia Historical Museum Collection

Letter Details

Letter Date

Mar 3, 1858