W[illiam] P[eter] Van Ness to MVB, 27 December 1810
The President & Directors of the Phoenix Company met this day at 12 oclock and passed a resolution, instructing Capt Macy not to vote on their Proxy, without the concurrence and approbation of the President. This will be pleasing intelligence to you, no doubt, as it will probably save, an important and useful institution, from destruction.
I have much interesting information to give you, but will reserve it till we meet. I have written more at large to the Cashier. Let my letter be sent to the President without delay.
I forgot to mention to the Cashier, that this information had better not be published by our friends, nor boasted of in any way. I beg that this may be attended to. Do not commit any indiscretions, that may give offence to the Phoenix Company. They are disposed to do us justice. Pray be cautious on this point. I must also add another important thing. I stand pledged to the Company, that the same Direction, now in, shall be reelected. Do not thin
gk therefore of any change. It is now impossible to come from us. Let me enjoin this on you. My word has been given to that effect, and I would not for the world violate it. Send the information I communicate to the Pl instanter. He must write one of his best letters to the Company, immediately after the election. I do not write to him now. My letters to you & the Cashier will I hope be received, as sufficient. I shall write if any thing interesting occurs.
Your friend &c
W PVan Ness
The Proxy of G.T. Warner goes by this mail enclosed by Mr Riker to the Pl.