I don't want much money. I only want first class notes--$200,000 worth of them at 6 per cent, payable monthly;--yearly notes, renewable annually for 3 years, with $5,000 of the principal payable at the beginning and middle of each year. After that, the notes renewable annually and (perhaps) a larger part of the principal payable semi-annually.
Please advise me and suggest alterations and emendations of the above scheme, for I need that sort of help, being ignorant of business and not able to learn a single detail of it.
Such a deal would make it easy for a big firm to pour in a big cash capital and jump L. A. L. up to enormous prosperity. Then your one-third would be a fortune--and I hope to see that day!
I enclose an authority to use with Whitmore in case you have sold any royalties. But if you can't make this deal don't make any. Wait a little and see if you can't make the deal. Do make the deal if you possibly can. And if any presence shall be necessary in order to complete it I will come over, though I hope it can be done without that.
And I will be yours forever gratefully, S. L. CLEMENS.
My idea is, that I am offering my 2/3 of L. A. L. and the business for thirty or forty thousand dollars. Is that it?
P. S. S. The new firm could retain my books and reduce them to a 10 percent royalty. S. L. C.
To Rev. Jos. H. Twichell, in Hartford: