(BUSINESS) BIDDLE NICHOLAS Autograph Letter Signed N Biddle

Sale 2259 - Lot 36

Price Realized: $ 240

?Final Price Realized includes Buyer’s Premium added to Hammer Price

Estimate: $ 300 - $ 400

(BUSINESS.) BIDDLE, NICHOLAS. Autograph Letter Signed, "N Biddle / Pred't," as President of the Bank of the United States, to John Cumming ("Dear Sir"), conveying that the cashier of the New York office consented to collect at Augusta according to the Augusta Bank's terms, and remarking that the new arrangement should address the secession of the Marine & Fire Insurance Company. 1 page, 4to, with integral address leaf; folds, tiny holes along left edge. "Bank of the United States" [Philadelphia], 18 April 1831

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". . . I respect very much the secession of the Marine & Fire Ins'e Company from the system which it was itself instrumental in establishing. Your new arrangement will however I hope answer . . . ."