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Philadelphia, November 10, 1864.

My dearly beloved Son:

I found on my return home a few days since from a visit to your Uncle Conway your letter of the 24th of September and hasten to reply to it via Bermuda. You will I hope have explanations in regard to items in the account of the R. F. & P. Company sent through Lady E. and advising you of the receipt of the power of attorney and certification of Admr. and the power of atty. of the exers. of N. W. (N. N.) dec'd which ahve enabled me to effect the transfer of the shares conveyed by them.

I would recommend the same parties and also Mr. G.M.M. and the R. F. & P. Co. enclosing me by the first reliable opportunity or opportunities which may offer, their certificates of shares in the P. & B. Co. with the powers of attorney herein enclosed executed in blank and without date save only the insertion of my name where the letter M. is written in pencil, on a like understanding with that I presume you have had in relation to the certificates of stock referred to by the above paragraph viz. to pay out of my own property what may appear hereafter a fair consideration though but a small portion of the former property of the P. & B. Co. (or P. L. Co.) remain the interest represented by that company is worth attention.

Your uncle Conway apprehending from some indication (though it has given no cause in any way for such a step) that he and his family might be carried across the Lines, recently proposed to me to purchase his property near Washington, which I agreed to do paying him a portion in money, part in sterling and the remainder by a transfer to him of my right to the 198 shares of guaranteed stock of the R. F. & P. Co. standing in your name in trust. You will of course retain these particular shares for your uncle with any dividends declared since November 1st, the date of the transaction between us, such divids. had perhaps best remain undrawn. You see my son that my policy in the above is as far as possible to get rid of interests in Va. and it is also as far as practicable to place funds in Europe. I am the more induced to do this from the preference expressed in your recent letter to pass at the end of the war a good deal of your time abroad (this preference and Beverley's present and probably future residence in Paris have induced your mother lately to think much of (this afterwards scratched out). In this case it would be better for you to have a portion of your property in Europe. If you should pass much of your time in Europe the temptation would be a very great one to your mother and myself to reside in England or France at least for some years to come.

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I enclose with this a letter from your mother which will give you our family news. I need not say to you how anxious we always are in regard to yourself and others dear to us in Va. Remember us aff. to dear Henry, Mr. and Mrs. M. Miss V. and Willie and your aunt and uncle H. and their children and believe me, ever,

Your fond father,

M. R.

P. S:- I do not send the power of attorney of the P. S. B. stock, belonging to the R. F. & P. Co. The certificate being sufficient if in my possession which is in my name in trust.

P. S:- Henry has been released and is now at your uncle Conway's. If it seems advisable that he should go to the West Indies your Aunt Susan will probably accompany him. The letter you wrote by him was destroyed. I am of course ignorant of its contents, and such as are material ahd best be repeated when you next write me. Henry used only 50 $. of the amount drawn by you on----- & Co. and the remainder of your funds with -----& Co. will not be used by him but continued with G. & Co. (in addition to the credit you have on them) subject to your further draft. I will supply Henry with any funds he may henceforth require.

Your father.