| Description | (Dated at the Albion Mill.)
Albion Mill Feby 17th. 1789
Dear Sir
I am desired by the company to inform You that they have taken into serious consideration the subject of Your Letter, and are much concerned to find it contain a proposition which they conceive is contrary to the Articles of copartnership, which allow of no Partner withdrawing himself till the end of Seven Years, nor then without a twelvemonth's previous Notice. That this proposition should come too from a Party already so much benefited by the undertaking, and who must be gainers by the concern while the Company are losing less than £4500- per Annum (as their Engine rent will bear them through their Share of such loss) adds much to their surprise, at the same time as the harmony which has hitherto subsisted without interruption between the members of the Company has been the principal Circumstance that made the concern agreeable to the Gentlemen engaged, they are not at all desireous of holding any one to it against his inclination and are therefore willing to give Attention to any proposals which Yourself and the other Gentlemen may have to make to induce them to dissolve the Partnership so far as you are concerned in it. I am
Dear Sir
Your very faithfull Hum. Servant
Sam Wyatt
Matthew Boulton Esqr. |