Jacob Barker Hartford 10 Jany 1812
Sir, James Babcock & ourselves have this day agreed to purchase a grist, or Flour Mill, Situated in this City, upon which your friend Thomas Rotch has a Mortgage for near four thousand Dollars. The mortgage having lately, been foreclosed, the property has become Mr Rotch’s , & we have agreed with Mr Michael Bull, his agent here, for it, & have engaged to make payment in Sixty days.
We want to get an extension of time, which is the occasion of our giving you this trouble. Our H Averill being now here, we have desired Majr Ripley to call upon you to inform you fully of the nature of the security we have to offer./ We should be willing to pay one fourth of the purchase Money, say one thousand Dolls at the above period, & for the residue we want to get a Credit of one or two years with Interest, to be secured either by Mortgage on the property, or Notes indorsed by EPhm Root for our proportion, (One half) & Mr B’s half to be equally well secured, or both the Mortgage & Notes thus indorsed as