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New York April 24 1855

T.B. Justice Esq of Rutherfordton now at Monroe Union Co N. Carolina

Dr [Dear] Sir
I have rec [received] your letter of the 14 [Instau...?] and after conferring with Mr McIntyre, I have concluded to say in reply to your inquiry as to the leasing of the Davis mine in union Co, that we would be willing to lease that mine for the term of three years on condition that the tenant will put up an Engine at his own escpense [sic] of sufficient power to drain the mine, and shall work the mine constantly in a workmanlike and [m...like?] manner and shall pay to the Proprietors for the use of the mine, one eighth of the gross proceeds[.] The neglect to put up the Engine within 4 months from the date of the lease or the neglect to work the mine for the period of 30 days shall, at any time thereafter [as the?] option of the Proprietors work a forfeiture of the lease- Suitable guards to be provided to secure the Proprietors their full share of 1/8th. No trespass to be made on the other lands of the Proprietors for wood or other [purposes?]-In working the mine the work is to be done in a [m...?] like manner and the refuse to be properly removed, so as to give the owners of the land the full benefit of the full development of the mine. so far as the work proceeds