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[Page 93] 

between yourself and Mr. Leslie which you now mention as having taken place in the month of July 1840, I was in complete ignorance, until I heard as matter of common report that Bills to a large amount draw by Mr. Leslie upon Mr. Davidson in your favour had been dishonoured. 

After mature consideration of the circumstances of the case – so far as they have come within my Knowledge – and of the terms of the Extract which you have transmitted me from Mr. Davidson's letter of the 30th Septr. 1839, I can perceive nothing in any way to bind Mr. Davidson to pay the Bills for £4000 which you received from Mr. Leslie in July 1840. Nor does the Extract appear to me to do more than guarantee the payment of such Balance as should be found due to Mr. Leslie (by Arbitration if necessary) of the Accounts between them from the time of Mr. Leslie's taking charge of Mr. Davidson's property at Collaroy in the year 1837 to the date of its transfer in May 1840 to Messrs. Clive & Hamilton. Believe me, Yours very faithfully
Jas. Macarthur 

 

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