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Title:
Letter from W.M. Morgan to Richard Harvey Wright, April 4, 1889: Electronic Edition.
Author:
Morgan, William M., b. 1856
Wright, Richard Harvey, 1851-1929
Funder:
Funding by the Institute of Museum of Library Services (IMLS) and the federal Library Services and Technology Act (LSTA), with support provided through North Carolina ECHO.
Transcription Information:
Text transcribed by: Barbara Post
Images scanned by: Digital Production Center
Text encoded by: Katherine M. Wisser
Transcription Edition:
Edition: First edition,
Date: 2006
Publication Information:
Publisher: Duke University Libraries
Date: 2006
Availability: ©This work is the property of the Duke University Libraries. It may be used freely by individuals for research, teaching, and personal use as long as this statement of availability is included in the text.
Source Information:
Title: Letter from W.M. Morgan to Richard Harvey Wright, April 4, 1889
Author: W. M. Morgan
Date: 18890404
Note: Richard Harvey Wright Papers, 1870-1952, David M. Rubenstein Rare Book & Manuscript Library, Duke University.
Note: [description]
Library of Congress Subject Headings:
Class: Markham, John L., b. 1839
Class: Rigsbee, Atlas M., 1841-1903
Class: Railroads -- North Carolina -- 19th century
Class: Banks and banking -- North Carolina -- Durham -- 19th century
Class: Business enterprises -- North Carolina -- Durham County
Class: Correspondence
Class: Morehead Banking Company
Class: Stokes and Geer
Class: Morehead, Eugene Lindsay, 1845-1889
Class: Durham (N.C.) -- History
Class: Wright, Richard Harvey, 1851-1929
Class: Morgan, William M., b. 1856
Class: Durham (N.C.)

Library of Congress Subject Headings:
Markham, John L., b. 1839
Rigsbee, Atlas M., 1841-1903
Railroads -- North Carolina -- 19th century
Banks and banking -- North Carolina -- Durham -- 19th century
Business enterprises -- North Carolina -- Durham County
Correspondence
Morehead Banking Company
Stokes and Geer
Morehead, Eugene Lindsay, 1845-1889
Durham (N.C.) -- History
Wright, Richard Harvey, 1851-1929
Morgan, William M., b. 1856
Durham (N.C.)

Our subscribers are among the best people of the town. A. M. Rigsbee JS Carr J. W. Markham & Stokes & Geer, lots of smaller fry. I have tried to scatter the stock so as to make the bank strong. As you see from circular, we opened for business Monday & started off with a very good showing indeed our deposits the first day footed up forty odd thousand dollars. I donot know a bank that ever had a more liberal charter or started under more favorable auspices. If we donot make good money I donot see why. Mr. Watts doesnot (Correction: does not) want the Presidents (Correction: President's) place and you would have no opposition for it, if you will come in with us. We could get the balance of our stock taken at once, but we prefer to place it with people that will be instrumental in building up the business of the bank. The D & Northern RR is now running and the Lynchburg is to be completed this year & several nice projects are on foot so I expect Durham will soon put in her city [dues? or dress?] again. We would be very glad indeed to have you join us, & I am confident it will form a good investment. I have somuch faith in it that I am going to mortgage every thing I have to get money to put in it. With best wishes for your success & a speedy return I am

Very Truly Your friend

W. M. Morgan

The copyright interest in the material in this digital collection has not been transferred to the Digital Durham project. These text and images may not be used for any commercial purpose without the permission of the David M. Rubenstein Rare Book & Manuscript Library and the Digital Durham Project. Copyright permission for subsequent uses is the responsibility of the user.