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T5'!t, iiJt'vithsta'uung tliis us'v viiui', I v.a-; ol.ii.s.l to itltiTati' my inu ::).ur;)ncc.'!, in-l (usiy cm their rrriirrciici', but on the sul)jcct oTrt i)r,)riisiiii\ ii:!;l t:;;r:'Vi)':iiu'e In tin.' r. .'ihut vS coiuliu'tiii;: tlu- l)n..;iu'-;3 of ilio (irm, wliicli was whi'Iy iinjiistiliahlo. Acorilinirly, 1 ;iKl.i-'.(l ti i!iy }:.-t!' r ; ii k(trr, I think in June IS19, i^tihiniltinf; ann)r.i.'t ( " f thinf;?, to (livni, till.' nfCi'Siity lluu 1 r'j^nilil Uq ji. .:..i;iid in;nii.iii,Ui ly to tnki- an uvlwc jiait in iIil' (.'ountipj^ llon.t', ^''^,.. ';■(, ilii ; J roiipsai \hr\- n..i,.;mcl :.'\ :'t. ii' !!1 il ■ -:i;I> of X.iv.mliLr, lol->, nvIuii ilivvu oLX-inaiil a nutrj ciiiiii nt op- piirtuiiitv .iriwii.ia.'.va'iii.; a tl;;,-.! li n-. v^^i.'I: I ("'.i in wriliaj;;; ll^M.iwj: — *' TiiL- si,;natiuv:- o',' :]■.:■ jr.,r. ..-'.-■ i','T.[j.y:.iii'.: il;c Iii;:.'o n,' M'T.ni;-!;, M ( iilli\r;iyj. .'v ('.'. Iic'r,;.' aljoul :o !;;■ !\(,i;irril ti) sif^n tlic balance .'•lu'Ct ol'tiic b,>ol:s iluriol' tlosul on ilic KOtli oi' N-ivenibcr, 1^U> ; and as .siicli an tict uduM iiiftr an unqnalitied and unlinuttcd at([itio.i(.mc'o ot" tlio an)n\,aid individuals in every past circuni'tanee lliat lias oerurred in tlio uianagenient oi' tiicir conn-nis, ?vlr. IK.'iry i^lac'.^'iizie. bef-rc, iiy f.nrii sijriKifiin-nial.ini; admissions, not (jiiitc consonant, to llic impressions on Ins nuiid, tiiinks it lair as a ntan of boi.esty and candom-, at tla' i-anie time tliat he does full credit to tlie intoUunts, to explain MiierLin llie vicnsut\'» of bis esteemed fiiendM and assoeiateu, bave not, in his judgnjcnt, been altogether eoiulaeive to the interests of all. ikt m strict cuiifvirmity to llie articles of co-partner- ship. 1st Each partner has not been fiirni.in.'ii with an aulhentiea'.i i! co]>y of thi- ariiiL:; of co-partner; iiip, nor bad lie it all times free- access to the iri-iiial, wliirb. it i- apprelunded. .lioai I he. for sii:li purpose, iLpoiited in the \,iiilt, as well as all the other reci>v(U and private dociiiiu iits of the firr:i. oj The concern in tiie Mackinac (\)mpany. to ubich !ii).ry .Mackenzie v.-as a par;y, wa: cloved before the rjjrrc- nient expired, without any intimation heinu; ai-o (hat liu'reliy he rai'dit have bad it in bis )>ower t > attend occa.-ionally \o tlic outsi.andin^:^ dent-ndincies of his forniii' concern. 5th Instead of availing' liini.-i '.;' im' this claii.-.e, iiiary M.'ickeinie wa.s ei!L.;!:t.d f r a cosisideralile time in settling «ild accounts and estates — and was afii-nvard.i induced to con.sent to become the agent oi the conci rn in relation to the disputes of the North West Ciompany witli the l!irl of .Silkirk, and he submits laat ibe>.- c\\va servk i ^ have not ix '. n duly appreciated by his as.^ociates. f^th The agents' (of the Xorili NX'ct Conip.iiu) oirice should be reduced to fi wvr (\pciis.c«. The chargr-s on merchandize-account exceed the ura.d expeiuiiiuro nearly three times tiie sums expended l)y the ohl concerns for the same duty and labour, and which c xli:'. espensts, if continued, v.ill, witli intercHt, amoiint to re;ii!y .jflKVOOO at the fiid of the concern, bv which, Ilenrv Mackenzie apprehends, the whole of, and more tlian the enu.iuments, arisinjj from the agency, arc likely to be alxorbed. 7th In the articles of co-partnership there are certain remunerations stipulated, but ottiC.s have been nmde since T/ithout the knowledge or consent of Henry Mackenzie. And such extra allowanets, if not checked, will also amount, including interest, to about f'.iO,000 at the end of the concern. 8th — Henry Mackenzie oliject.s to the nmde of transacting business at Fort William, on the part of the agi nfs tT 4hc North West Conipany, as, in fact, he is at thit; momcut ignorant of who art'> or who are not, his partners in the Korlli Wi'.^t Company, never Iiaving given, to the best of lili recollection, his pov.cr to alter or aiiiciul the institutionj of tliut conecni. Otii — TIcnry Maeken-.;:e ii likc'.vJH- furtlirr n^v,ii;.iU(l t:) llic^c rliPervalions. by |)ropo5:als havii.'.r been iiiailo, lafeiy, !:t Tort William, (o tho Noith We;;t Cnnpaiiy, fiir a r.LW as/Dcia'.i.'ii, vitliciit tlie same l.avii);: htvw subir.itted, beri;ri.' or alUr, to ilie partners iierc. lOlh — Henry Miul.ci/.io oi'jccts ..'so to t'u* j;.:nir.; of l'i;l.; of Ivioliai ;:.• !;y ar.ti; iti-.tioTi, at.;! v.Iicn t!ie person so Fi;';iiii:;.,' is, peril. ins, ab.HM't iVoiii tli.' cijin'r; : tl.'i!'':ii iu'fiin'.s no f.;ii!t '.vi'.li iih> n. til.:fi(.:i of the ;i,-ri:tiin; t.i i ;u' iii(ir-i» tliial, j.roviili'd siieli [)erson be i!i (I.o s; >!, !i,' tl.iiM.^^, ii!nre-\> r, flat tii'j re Iridioii to <:ro iii('.i-.i:'',i.!l of ni;,-r:in;' tlieek.f (.rihaftson llic ii!!;'; \i alK'rd.'.l .;; linu;. v. lib ;rii it ine.viver.Ii'nei', an.!i< ofojiiaion il.at ihi.; Ii^iiei forv.ard b.- cxcrei.a'il l)y any individuiil of the (irni who may l)e preseiii, and as tlie eae may rttiuirc. lltli — Henry Mackenzie deelinc! iiigniir^ tlie doeunieat in ([uestion until be i;> fully sati^^le^.l the same is aeeording 10 the Kpiiii cf iIii' .■ii,n\'iiiu'ni, wbitli ni^rcenient, be fceb; bini.-flf ealled upon to say, has !;ivn nepieeted, and more pjtrtieMlarly aj rt.'^pcetii (lie objeets beriin spceiikd. ^'f^<:f. ., FH-NUY .M.\C'Ki:XZIE, Montreal, 'Jitli November, l!ilf)." B.it the>e vii)!ation:. ofaf;reenient and improprieties, were not all I had to eomplain ct' — matters of far deeper in- terest wire to be objeeteil to in the eondiul of yourstlfaiul brotlur. Hitherto you had indeed shown a total disregard of the artieles of eopartner.ihip and tlie general law of mercantile association, yet still liad kept tlii- iirm entire ; but on the 'Jliili of March, liS'Jl, you assumed hlglur powers, in ( on- JMiulion with Edward I'.lliee, Eni-, of Loudon, ri'iirc-onlin;/ yourselves as a sort of sovereigns of the North West C'om- I'.anv and of the (inns their agents, and took upon yourselves wholly to di>solve the Xortli West Coinpau}', one year and a [lalf before the stipulated pia-iod of its termination (and notwithstanding an a;,'rcL'ment, entered into in dnplieatc, at l\)rt William, i.i 1S2(), to which you were a party, to continue the North West Company till the returns of the ouu'it iif the yi'ar ls;i'_',) and incorporated it v.iih the liunorable Hudson's Bay C'ompany, securing to yourselves, by the terms of the nem)ciation, emoluments in the latter abuve all re.isonable proportion to those wliieli yon possessed ill the former — scs Appendix Ii. In fact, tl'.at ..ome extrava'dinary measure injurious to the interests of others (and whirli ■mist be concealed lest it slumhl be tluvarted by those wlukni it was intended to all'eet) was in contemplation or pro; -1 beeau!!.' evident to nie in the hitter enil of ISJl, for on the 1.1th of November of that year, and frciiucnfly before, i observed that you, your brother, and Mr. Tliaiu attiaded by c(!unsel, ami with locked doors, held delibcra- ti )r.j to which I li.ul no invitation, and from \\liieh I was in f.ict eKchuleii. Tov.ardsthe ilo.^e of that day, however, I d;.-.. .ivt;od th.il ilu li.lL.wing two ad\ertioenie;Us li.ui been sent to tb.e ofiiecs of llie Herald and Courant newipa'ur.; : — NOTICK i^ liLTiliy given itiat, in imrsiiancu and pctfortii.inre of the comlitioni coMl.iirird in a certain indenture, whereby it lias bcea ngrcod tl it iIk" Indi.in ami I'lir Trade, In ritofore cavrinl on by tl;c Ujvcniornittl I'ompaity of Aihcnturn-s if r.u2.!(tnil, tradin;f into Huilson't l!,t;/, (I'l'l tlic \jri'i U'ixt C'.i.vi/«i»i.'/ if Ai\'!itrcctl, ris|)cclivt'ly, should bcncofDrnMrd under certain terms be carried on by and in tlic name of the said Governor .^.nd Company and tl.cir succtsiur'i CAcIusively, tl'.c said indenture having been ratilicd and confirmed liy the said North AVostCompany, the functions of tlie Agent'; of liic sa.u Noilh 'A'cst Company, and also of the Agents of Sir Alexander JMackcnzie and Com- puny, tiavo ceased and terminateci. ;M'T.\VI.SII, IM'GILMVllAYS & Co. 1 . ,,. Tll()MA3 rilAlN. C ,^^;'"'f"^* Alonirtnl, 15th Noveraber, IbSl. riKllRi; IH'. UOCHEHLAVE. ) •^"'''" " "' '-"'"/""'J'- NOTICE a l.ruL}' given ili'«i i\w iir.ilcr>i(:iicil Archibald Norinaa M'Loud, Eaqiiii't>, l:3t retired Crom and censed to lip r Pariner of Ihf hiiiisc CI l'ir;ii I'f M'l'avlsli, M'CiilIiM;i-, * & (j. M-IAVISM, M'GIM.IVUAVS, A to. SIoiilioil, lJt:i N.nonilur, li;:'). A. N. McLKOl). Having' ;isci'it;iiiU'il thi:; t'lct, ar.i! hcToif |>u!)ln'atiun, I infiinncil l)Otli Mr. (Iniy iuil Mr. .Mower, tlic proprietors (»f tJio.se papers, tlial it was prematiiiv to pnl-livli iliuin, as my consent hail not been liatl, ami tliat it was improper, becar.se t!u cui; tents \m re i;ol Hue : upmi " iiieli, lliey at lliat lime ab-taincii Imm piililij-binj; lliun. 1 liu ;i pri pared an advcrii.-jineiit to aeionipai;;, llio^^e J!ist siientu.aul or to be publi.siiocl apart, whicli tbe p,rinler;> on the ITiii (Icelinid iu do. — i". ■•• Aj'ya.ilix ('. Oe. llie iGliouiiirrtlav. (ilie Hitli Nu\ ember, 1S2I,) \ a(I(iri.-;eil to yini, anil llie oilier parlULrs ol' the lioiise. a letter v.bicli I inserted in the letter-book oftlie concern, and oCwbieli I banded eaeli ofyou a copy ^igncd by nic, stilling, that "common priulencc bad ilictatcd to ■ i- ibe n iterated objections I bad made ayainst many tran.'-ac- tions of our copartnersbip'wbieli bad taken jilaee m ilb.ouf m\ Unow i(.d;.;e or approbation, and tiiut tbe recent, 8CiiuuH, and nnwarrantable proeecdinjrs threatened to be can iul into etl'eet (at a jieriod too when liu; books and acconnts were not adjusted I iletermined nte more than ever lo re^i^t siichconduet, Ac. — See Appendix I). This declaration extraeUd, I [)resinne, tbe rcioUitions of the :ieeret meeting of tbe l.'itb, lield by yourself, your Ijfotber, and Mr. Tbain. therein cailinj,' yourselves tbe mnjoriti/ o( the Ihni, which were signihed to me, by the nlini^t?•y ofCiritfin and I'arron, Public Notaries, — intimating, amongst oilur tilings, "that it wa.s expedient that yon and your brother should proceed to I'ngland forthwith, and tliat Mr. Tiionias Tb.'in should, during your absence, bj entrust- ed with the superintendance and management of the general bu.-iiiuss of tbe concern in addition to the liiianecs and accounts, of which, since the retirement of .Toliii M-'I'avish, he had bn i the charge under tbe general supe;intev.danee of your brother — that during your absence from tlii> IVov'.cc, Mr. Thai.M ihould be authori.-ed to i-ujie. intend and conduct the correspondence, liie finances, ai;il t!ie general business ol ilie linn, and to boiii and po,:Sess the bool-.s, papers, and all the oilier jn-operty of the said house on behalf and in trust for all parties holding ai.y just ;iiiJ l.iv. - ful ]iart, sliare, claim, or interest therein or any ])art thereof." — f^er Ajicndix K. To this I ])ronij;tly replied by the said r.otaria! mini.-trv, " that t!iese arrangements, resolves, and ollar iikasiirea had been taken and entered into wiiliont my knowledge or lonsint. and e\en without any notice tiierii,f lo nie pro- ceedings which violated every .-acrcil j.riiieipie of reci[)rocity in agreements, and dis.--olveil cvi.iy social fie. - .'•ic Appendix /■'. Having at lenglh obtained, w bat I iiad hitiierto a.-l:cd for in vain, a copy of our articles of copartncrr-.hip of liie first of November, ISM, I made a seco: d rij^Iy to tlio.-c resolves, dated 21st of November, 1N2I. to wbiehyou ;ind those v,ho may read this are parlleukiily referred — .S'l' App-)i(lix (!. N;it\vithstaiiding wbiih you and your brother soon af- ter took your departiae for Thigland, leavii'.g .Mr. 'i'hain in ample possession. Your brother remained in E:.;^la;;.l, but y^u ri't;irned tbe en.-iiing year; and on fl;e 'J2d of November, 1822, our copartnership being near its termination, I again addressed you and Mr. Tbain, stating, that ilie len.v^th of time which had elapsed since 1 liaJ seen our book.-, had ellaeid from niv reenlieetion inany tbiiiirs recordeii in t!:ein and left but a feeble impression of oli.ers ; — that I was llnis, ;;t a time when the close of Ibe concern was at bar.d, ignorant of ibc precise relation in which I ntood v.iili my jiartners. i;nd without the means of formio!; a just estimate of my rights, — an acrnaintance with which, it must be .'dlowed, was necessary to place me roon a fioiing villi \o(i in any discussion to which the approaching settlement betvten u;; r.:ight give rise; — that I llierefore reqiiestii' to have immediate and free access to the book;: for the [iiu;>0M of mukiiii: !,u(b extracts as I niigh.t retuiiie; that our connexion being tlien to near i\ fcrniinnlion I lliOii;;!it it a duty I owed to myself to nrfjc an immeJi;ito soltlcment of t!".c nccoiir.ln, to fnci- lifalo llio lUTOiiipIi^liniciit of wliicli I would l»o jircparcd on a ccrtiiin day to audil conjointly with you, all tlio liooki of account in wliicli I Ii.ul any onccm — Sccr .•^pp.-.-idi.r II. To this letter, I, on tlu; 'J.5d of Movciriljcr, IS?.?, rcct-ivcd your answer, Ptaiiti?, tliat you deemed it rerc, arc! idso to a eertain died hcarii^jjdatc file (Jill of April, ISil ;— lliat tlie oiitstaudin;.' adventures eoidd not bcrealiad uor even ascertained hefiirc the summer ot" IS'Jl : — that therefore any invcstipatioii of the accounts nt (liat time was premature, and, in fact, impractieuhle, — and that it would be inconvenient at that moment to produce the books fir my proposed audit ; that it was impossible to anticipate settlements dependin;; on future continj^encies, &c Sea Ap'.cnilit I. Not tliiiikinj^ yiur answer, to my ju>;t requests, sati.>fact()ry, I again wrote on the C.'th, stalinj^ that your letter of the 2:;d , I was sorry to say, was no answer to mine; tiiat you !ia (luesiion ; that llie Icnp^thy statement you entered into estahli-luu, and an audit, or ex miiiialio)!, or ncrutini/, fifi/nit phase,) of the hoohs as they ilien stood ; an cxplunnlion of past transactions — net a prennture sdt.'in'r of '■'■ cnntin<^cncies " that depended on materials thercajlcr to he procured ; — I asked you if there was auj;I,t in cur articles of copartnership to prohibit this? — to prohibit a copartner from scein;: the books of the association to which he belonged? If there was such a clause, 1 called upon you to show it, and I required an explicit answer. As you had left towu for St. Antoine. this letter was addressed to Mr. Thaiii, he lielng on the spot — .SVr /Ipp.vrlij- K. On tlie Cfjlh, I received J.Ir. Thain's reply, saying, that in answer to mine of the preceding day, which he had that morning communicated to you, he begged to inform nic that the Icngtliy statement I alluded to was not written Ji'.''//( a v/rty to evade vr/ r/ueslicn ,• that your letter had bei n written with the intention of explaining to me your reasons or rather your o|iinIons uhy yen did not consider it necessary to proceed to the audit, or inspection of the books I alluded to, and that you were still of the same opi- nion; — that no good could result to either party from such inspection at that time; but, th.at as I desired an explicit ans.tor, he, Mr, Tliain, begged leave to infotni me th.at you couKl not Jigrce to my recpiest, and that I was well aware, {independent of the stnte of the o/,'i'r,) that hi;-, (iMr. Thain's,) time could be much more beneficially employed attending to other matters. — .SVr Appendix /,. After this, I hadstvcral interviews with Mr. Tliain, who informed me that you bud both come to the resolution of advancing mc some money out of the ccmcern in anticljiation of the settle- ment of our account'., to cuidile me, with my other means, to conmicnce business on my own account. Th's offer I embraced, v.earicil with making fruitless reiuunstrances, and glad to separate myself Irom persons who had shown jiucb a disregard to good faith, and on thc'2f)th of November, IS'J.', I yitldeJ to certain articles of agreement, in which, uflcr several recitals it was thus agreed: — first — That notice, dulv signed, should, by jiubhe advertisement, be given of tlu' tt>rmination on the SOtb of No- Tcmber, 1822, of our articles of copartniTship of M'Tavish, M'tiiliivrays and Co., dated iirst of November, 1814, and that it should also be notilied that the said Thomas Tliain was duly authorised to settle, collect, realize, and wind up all the ov.lstanding engagements, debt.s credit;-, and elFccts whatsoever of or belonging to the same. Sccondli/, — That Thomas Thain should retain and hold tho sole and exclusive possession, care, and custody of all books, accounts, vouchers, papers, and documents whatsoever of or belonging to our fr>^^",rtiicrship, until the 30th of November, lS2y, in trust for the respective parties concerned or interested in the same. I TJnrdli/, Tint the «aid Tlionni Thnin rIviiiI.! rin'^c up, nnil on orljrforp the TiOiU of f.'ovcmlirr, 1.1?.?, cxiiibit JMSt, fnii% iiiul uc'furate nci:ouiits ofii!! tliu li'.isiiii;^-' iitid tr.iii ;;'C'tioa:i Df our (MjKirliirrslii|), iuul of all cliar/cs, profits, 1 K-iiCH, or ollior c\)iilin;;ct>iMcs, in any lu.iniKT u•llilt^o,•vl•^ allVctiii;^ llic .s.'iiu-, 'out witlumt iirt'jiulicc! U) llic rij^lit of any 0(1. er of the said parties thereto, to iiiijmach or ohjetl tu uiiy iue'.iparl ofmuli aeeoiinti lu to ih.iu or either of ih.ai miyht appear unjust or i bjectioiiahle. Fourthfj/. — Tliai in the event of any rueh o'ljoetion-* or exceptions hi in,'.; mnilc to the sniil arcniint*, the party mal'.injf sm h objections or exception*, an.! the party retislin^' then), sliunld eaeli name anil appoint a disinterested nnd respectable merchant us an arbitrator, and liia;, tlu>;e two iilionid nominate and appoint a third, who should also be u re.si)eeUibIo and disinterested niereliaiit, and these lliri'C arbitrators iilionld, in snch nianier as they nii[,'ht deem necessary or reciuisite, examine and investij^ate such account:), and such objcetions or exciplions arf aforesaiil, and in llu' premisoR, and in every point or parlienKn- rc;;ardinj,' the saii.c, and lha^ the award of the said arbitrators or any two of them should be conclusive, and shouhl be acipiieoced in and submilted to by them and eath and every of them the parties thereto. Now, Sir, after these prncecding-i, in all uhieh yon had fully participated, if, indeed, they had not in many in* jitanees origin;ited uith yon, it ber.j)caivs contempt for the opiiiion of the v.orld that yon should treat mine as " imn- i;inary complaints." Is it an " imajjlnary couipl.iint," that the (inancial concerns of our hou^e, which had becM undi r the management of your late brother, were, and arc ylill ulmlly conceded from nu', and I have been even to this d.iy denied (for what purpose I leave to th ■ conjecture c,f my reiiL-r.*,) aixess to ihe partnersliip books of account;-' Is it merely an "imaginary " impropriety that ne.qoeiations iuvoKi.ig the exi^tenee of the house were connnenced and bro- ken oif wholly without my knowledge I'' Is It merely an "imaginary" evil that jirofusion and extrav.igunce reigmd both in tlie domestic habits of the other partner.) of the firm here a-id abroad, and in tiie manner of conduclio;,' eiir business? Is it merely an " imaginary" evil that the Noith W'l ;t Company was in a niani:er dissolved, and iin capi- tal (£lGt',000 sterling) and intere;.U3 disposed of as tliu sole property of William M-Gillivrny, yourself, and Kdward Kllicc, without even consulting me, or re:i(Ierin|; any account to the parties interested, «)f whom I was and am one? Is it an "imaginary comi)laint," that you should declare tl'.e house of M'Tavish, M'dillivrays and C!o. infcolvcnl, for whose engagements I an liable, and convey it.^ a.isets (o pay the debts ol" M'CJiliivrays, Thain, and Co. for which I am not liable I or that finally I .sluiuUl refuse to ratify an a.isignment grounded on an allclged iusolvtncy, which I, from my knowledge of the fur traile, could never have exi;ecittl,and cannot account for, and the reality or causes of ^vhich I am, by the studious tonceahnent ol'the bool^s from me, wlu/liy at a loss to ascertain. And yet, in a tone of triumph, you observe, that " it seeni:; ahm-st needlei^s to argue against such an absurdity, as that partners " of an insolvent lirai shouiJ be creditor.-^ of tl'.e r.ame firm." 1 argue not so, but I argue, that .'^.'•'raviL-h, M'(iillivrays and Co. may be solvnil although M'Gillivrays, 'liiair. »V Co. may iiol ; eoni.ecjuently that you may he a debtor to mc, and it is my sincere btlief that siicli will j)rovc to be the ca:;e. l\\ the mean time, Iiowevcr, yon havt' the hardi- hood to lay clain^. to disinterestedness and a strai^iht forward policy ; but tl'.e world, Sir, v ill judge of the crecht due to the claims and prolessions of a man who cannot only coun;iel and deliberately e.^X'cute such monstrous acts of in- justice, but even atteni{)t to justify them with an air of affected indignation against lliose who have suffered by theru and who venture to complain. That the late firm of M'Tavish, IVI'dillivrays 1*^ Co. were insolvent on the SOtli of Novem- bcr, 1822, is more than either you or I suspected t/icii, and is what I firmly disbelieve notv. I have already mention- ei. that I was denied access to the books ; I, therclon am unable to refer to their contents for proofs of the correct- n'M of try opinion ; h-it I nm no Iom ccr'.ain of it, from circiimstancL^s wiHiin my knov.-lrdj'jc?. Na}', by llir very ml- mission of the firm ui' M'tiillivrayn, Tliain & Co., wliidi siu'ct'od-d llic nirmL-rnrm, ni.il whose o^(pn^i^!l• nuTiiljors tl)i'n prcficiiJ, yuurstlf, !i:i;l fir. Tliali), wen; tlu* partiurs mIio ik'iiici! mv access fo tli'j boak-, uinl reserved it altd .fd'AT t.i yoursclviii, the prcccliriy linn was sohx'.ir, otiicrwiau M'Gillivrays, 'I'iiain & Co. wouUl not, by a ijuIjI'c advtrtisomcr.t iri»iTlc;ertions to avert it ; and the fault must lie, not on mercantile nii.4i)rtune.<, of v.liieh ihc lucra- tive nature of the business foibids the Kuppositinn, but on the misconduct of individuals. I have already related the remonstrances I w>.4 compelled to make on the e';frnvagant manner in which the business was conducted. To this must be added the profusion of some of the partners in their dinnestic expenditure batli in Canada and London — a profusion wholly unsuitable to plain nu'i'chaiits, and adeetin;^ a style approaching to marniilieence. Thi.-t is o'ltorious — aiul it is npially riatoriiius that jukIi profusion I by no means imitated. It is this ])r(ifu>ion wbieh pio'jubly caused Mr. Thain's delit to the Fevi ral (irms of M'Tavish, iNI'diilivrays il- Co. and to their succcs.sors, atid to Sir Alexander M'KcnzIe & Va}., on tlu SOih of November, IR'J.", as I luive learned from an authentic source, to nnii)unt to i!)(),()lH 1v. 8./.; the Honorable William M'(;illivray's, on the 'JOth of Kovcnd)er, Ifl'JS to £2;-,W.'> 2.^. 4d., inelud- iv.<; .£_"J,()')0, advancid to him, to nuet the demands on him offiis Ta ncr toncern; aiul yours, Sir, on the HOlh of Novendier, IS'Jl, to jCl'J, I'jO lO.v 'm/., which on the corrc.'ii'Onilin;^ day of ll'.e foUowiiij'^ yc-r, I learn, cncrcased to X.jOjOOO and upwards. Sums wiiieh, if forthcoming, wouhi certainly set a :.!;• llie (pustim of insolvency. The first and last of which Rccm somewhat cv.tranrdinarily to have been incurred by such ni.tiniatrimoriial and Eclfdcny- in;; pergona_:,'es us tho.se rcspectinj; whom you have stated in your memcrandutn of the L'Tlh cf Deccmlier, Ifi'J.', sub- mittcil to t!ie rreditci's. *• Mr. Tliain and mysi If refrained tVom cui\tractin;,' ci;,";n,7ements fo binilu n ourselves with " fumihvs, which in the case of our partners wc bad found to be a cause of increai.ed expcniX';" and may le;;d yoiir creditors to in>[i:iie where was to be found the moiety of the £li)l,no() mentioned in the taivl letter as to be furnished by your biolher ami yourself as your .sliares of 'he capital to be jjii.ed to that cf the Ilonora'olc IIuds(^n's Day Com- pany, and what you mean when you sij^.a!. of yours and your hi olh.'r's "estate," and yf these ;.entlemeii (itieaning mo and others of tiie same opinion) could " discover a surplus of assets belonging to the firm, and any at'empt, on my part, to retain for my own benefit more " than my due share of the same, it v.ould, I admit, afford just cause of complaint on tlicir part against mc," — which is certainly a ••cry candid fidmission, and the more meritorio.ss as the principle it contains is far from being obvious, since, w'lhout it, it never could have been conjectured tliat to commit a fraud would be improper. Now, Sir, I am at a loss to know what due .'here you have a right jo retain of tin- assets of a firm )ou allidge to bo insolvent. Neither can I accept your defiance to discover such " surplus (.('assets;" for, though it would be imprudent in mc, without conclusive evidence, or at least strong grounds, to cast on you siieli imputation, yet I would generally and abstract- edly observe, that such a cluillenge might be safely given, inasnuieh as sums of money may be spent, cspecialU in tho speculative region of London, and be tlierefore no I'.s'jet:;. — or pro]ierty niay be disjiosed of where it ciu.not easily be found, — or money may be di'posited where it may not bo suipecleii to be, anduhieli it may therefore be very dllli- cult " to discover." But you may !akc r. more cfTectuai r.innner of convincing your creditors, that all your property and that of the firm's have been f.iirly surrendered, than your reiterated assertions, and at once relieve yourself from your earnest anxi !y to produce conviction on that head, by cauFing a coiumission of bankruptcy t(/ be taken out against you, when your oatli must satisfy the most incredulous, (if any liiere are wlio are not yet thoroughly convinced by your assertions,) that you have, at least, given up all the present assets, tliougb tbc nature of your linancial conduct be- fore tlic dissolution of the firm must remain to me and oilicrs a secret, until the lir.oks, so long concealed from mis be exhibited. And, indeed, considering how often you have in your correspondence observed how much trouble you have had, and how much injudicious opposition you have experienced, and bov,- ill-recjuited have been your elForts to r.cttle the estate itir the bcnciit of the creditors, and how a con;niission of baiikruj)lcy would d(.li\(ryou from those grievances, i led somewhat surprised that you have not adopted it. This suggestion, however, may be treated by you as a spicies of insole nt 'nsurrection against n sort of imperial autho- rity with which you seem to have invested yourself, (the title to which J in vain seek to discover) — an authority which, exercised in a thousand minor instances, broke out with grcati.r ctlAt in your rtfusal to mc access to the books of a firm of which I •.\as a parlner, and reached its liiglict briliiancy in tiiat unauthorised ncgocialion wheieby you procur- ed for yourself and, with '^fraternal paitialittj,'' for your brother, and symj)atheiic feeling with your bosom friend Mr. Eilice, those advantages which justly belonged to nil the purlners oi' the North We^t Company, of M'TavisIi, M'GiUivrrys & Co. and of Sir Alexander M'Kenzie and Co. — (the transaction having taken place during their co- partnerships, and respecting tlu !r interests and property ;) and you consldend it no assumption to stijjulatc that, ^ llic airniint ! slifle ibc !o out, and disposal — k'lice there :onduL't ihu suit of my- thc facts hnrpooncn hbcr. lion) could iicfit more ^" — which ig obvious, ir, I am at . Ncitiier ic, vitlioiit J ahsiriicf- pccial!) in unot easily • VtTV (Klll- hat of the ur earnest ainst you, (1 by your )nduit hc- [)m me, he ouhic you • efforts to roni those •ial auihn- ity wliicli, )ooks of n )u procur- ioiu friend M'Tavis'.i, their co- llate that, 9 nftrr the Inpsn of fourteen years, the share or interest you ar.signcd to mc in the Hudson's Bay Company, should re- vert to you and your hnithcr, utterly forgetting that the shares acquired ia that Company by you both, and Mr. r.llico, were procured liy means of the urdividcd slock of the North West Company, (and of il;e other firms,) in whi(!» I hn 1 a propoitionate permanent |)i()[)irty, and in the iirnvovcd value of which, wlien transferred to the Hud- son's Uay Company, 1 had tliereiore a similar intcrcft. And tlii.i you did, wliolly dliregaidiiig tlie circuniotanee tli.'it I had lar<7ly participated in the toil, and coii^ibuted to the treasure that brought about t!ie coaiition, and tliat tlio liharcs wliicli you reserved to yourself ai;d hrotlicr and P.Ir. ICiiice, as au iiulcnmification for the cesiatio i of commis- fiions i'l tlio London Houses, INI'Tavi^li, I''r;! ;ei ur aceu^alion tiiat I, by setliii^ up " iin,i;;iiiary ciairas," or i)revei.tiiig sonic creditors from j^ivini; t'ircet to your a; raiv^i'inent;, and liy the interposillcm of iinpediuunN and delays, lujpe to " cx!(,rt " some com- |)v».iit.i()n out of my claim on (lie Hudson's Hay share as.vi'^ned to nie, \-.lii'.h you maintain belongs to the creditors, and wliieh you h:.>e, uilh :)Ut my aulhority, actually aKM^aed owr to yoiii' own creditors. Tliat that acciisation is inanifeslly i\i'.--c mast be evident from tho ei!;iNiderali.)ii, tiiat litiwcvcr gniUless I have been of the cmbarrassin'-Tits of tlie (irm, ai.d ilo^•.■e^■ll• 1 may have c '.. r!.d inysell' to uvi rt tlieiii, yet I am responsible for all its debts, atul tlurjt'i/re by no means stand in that cjinniandinj; utiiuide tliat would countenance an attempt to ••extort." No, the plain fact is this : I did every thing in my power to cause the business of the company to be rondn(;[ed with propiic ty jnd economy — the fur Irad.e was a prospero.is one, and contained in it no seeds of insol- vency. You have declared the firm insolvenl I'our years after its d;ss,)!i;tion ! a:;d alter ha\ing, by the assumption of jt> debts imjiliui'y aeknow !ed;;ed its solvency,— an.d iKlin^MKbarred from access to the books of aeeount, (which this IDth day of June, lS-7, has been again denied to nie by y(mr 'I'mstees though notarially dinianded,) I am prevented from fully demonstrating whellier it is in.olvent, or, if so, what have been the causes of its insolvency : whether, (which I cannot believe.) it arose from las>irnudvcrt upon your letter of the 2r,th of February last, addressed to the creditors of M'Tavish. M'Gillivrays & Co. and M'Gdhvrays, 1 ham & .o. nnd rebut your calumnious imputation on nu.. of an attempt to '• exto,^-un attempt that my consc.ence «at.shes me I have never made, and which my fellow citizens, au.ong whom 1 have .o long resided, wdl re.,mre .omcthmg. more than your assertion to believf; respectinii, Si I Your obedient Servant, II. MACKENZIE 1 3 i<» thnm ncrshij> T ur letter n & Co. tsat isiioa niL'thiiig. APFEI^DIJC, ^IK. Dear Sirs, Furore tbr dcpnrf.iro of a lt;o(lin;^ partner {'^'Ay. :\I'1.c;k1) permit mc hriefly to i.lifr, that all traiis- nrlions mwn btisincss sim\< last autumn, by our iihscf.t piirtntrs. h:\\c not been duly made known to mc ;— that in course of tbc winter, ncgociations were actually entered into nitb our opponents, (the Karl of S'jikirk, &c.,) even through the medium of stran-crs, iu whieh I liad no voice :—tliul oiliers were actually entered into and concluded will) my own brother, Donald Mackenzie, without due notice: and 1 have reason to i)resume, that commiinicatiohs are now in Corwardney^ to wintering partners to which I am not made riivy. In short, gentlemen., it is obvious that many of the niuM imiiori.mt transactions of our establishment aie. and have been, carried on without my knowledge, and likely so to continue ;— with the intention. therLforc, to avoid the rock upon wliich some of my predecessors split, (I allude lo Sir Aleyandcr M'Ken/.ie and Mr. Ilaih.WLli,) I do hereby ,u;ive you due notice, that in all and every the i)ast as well as tiie fhturc transactions made ami entered into without my knowledge and approbation it shall remaia optional with me either to abide or not by the result. I aj-.i, To McfSTs. William M'Oillivray, ArehJ. Norman M'Leod, Thomas Thain, and I John M-Tavish, J I Dear Sirs, Your most obedient humble Servant, II. MACKENZIE. PHF-SENT. B r.xTn\cTS FROM THK tb\r,iTlON AUTicT.r'^. ov ropAnTNrnsnTp nrrwrFN tiif, tioNoaAm.R iiudson-s uav com- I'ANY AND NOltTH WKST COMl'ANY. " This indenture made the 2()th day of March, 1821, between the Govcmot and Company of Advcntnrera ofEng- •• land, trading into the Hudson's 15ay, of the fir.-,! part, and William M'Gillivray, of Montreal, in the Province of Lower " Canada, Esiiuirc, Simon M'Gilliviuy, of Suffolk Lane, in the City of London, Merchant, and Edward EUice, of Spring '^ 1!2 " Onrdons, in tTic Coiirty nf MicTfllc^Px, of the prrorrl pnit. Whrrrrs, thr j^ovprror and conipnny Iiavc for mnnj year. Inst " yinsf rai.'.'f! rii a roiis'uk'KiliIj tnu'c in the pijrcl.asii;;; unl n 4.'(.ivii;g \.y \\:iy c!" biTtrr. tins, pchiici*, jiru! other nrticlcs " fr()?)i llie Irdijns in Nortli AiDcrica, iis wt'll v.i;!ilii Iho t(;rrit()ry griinlid by llic (.li;iiti.'r ai ilie K.k\ ^oviriior ;;i;(l coiiU'.a- " ny, as in cti'tT i).iits of Norili Aintrici. And v.hcir.'is, undir or l;y viiliu; ofiiii ti;,nt t'liiint, htuiir.g diitc the ."jlh d.iy " of N()V(>!i^her, lliiH; iiud riiiMK- or (.'X|)icss('d to In; iiuidc l)t ;»• ecu thi- ^:(■\(^;d ['iiiliL,-; tlicrtiu naDHd iind n'cnli!.! '.cl lit " lie I lie jMilicb tiin coriipcsii:;.^ l\:v cv.v.)\y,v)y, orcoMreni t radii /; to llii' NcmIi V\ i sf or IndiaiiC'omilryi and tlii;lin;.;!:i. lu tl " by the name of flie Old Nortli Wcit (Company of tiio one purr, mid i-i-vtral pir.siin.i lhii\iii i.anifd i,iid mciiiioned to " I)c> tlu; fiarlnrrs in thu cornpuTiy ihcii tradin'^ to lh;'No;'th \V'c.u or ln\ernor and eiarpa.ny and ll.e sai-.l N'lUth West C'jrnpai y, Naiicns ei.pnlis have aiisiii htiv.tdi liani, ter.dinj; to " the nia-.iifest irjnrj' of belli jnuii. s. j:nd in order to ;;void the < ( ca :,,n i i suih |■i^pn!^^, and l.ir (he purpose of pro- " inotin,;; tlicir mntiial iiitcres' ;, it halh lieen i!i;rred upon hdnn'ii th.i' said pait!r> IuilIo, that the said trade thai), " horn the pciied her( after in tlat behalf nienlioned, be can ltd on exili!siv arc the p ■nrtiis cn'.ilit.l lo ll;c yr;\i\'r j> :rl nf tiir C!tu!iil •J'lhr mi id N-.riU IVixt C'l,;*?- " peny, linxc ainccil t> oiiir in hi lie comniiil.s /i(rci:/.t r ci.iilni.r l sn K.ur^ i.: t-iu!i 7:11111 kit, us to he IiimikI joiiitlv end sc- " Vt'xi'.!;/, a\ n ///hr //v h.-.v, Av ,•■ ns jor all oilier pry-'Dii.^- n-li:) arc i-currmiil ar iiili rrslid in tin' said Xart/t U'cU Coivpuvj " and tfi." trade tlii'ri'i'f, and otiii r^'. ise, as hen tofore is nientioneil in respcet lo the en^a;,einiiils hereby made uiui " the s lid ;:nvernor and eompany at d tht'ir sneeessors." 1st — 'I'hat (he trade v.itli llic li'.tiians heretnfoii" carried on h}' tlir ,';'ner;;(ir and eoirjiany and NorlhWcst Cornjiny, sliall, fur thi' space cl'J! yi ais, eoinineneiijj; \\ ilh thr 01 f;;t i.l' 1;.'2I, and ending with the out (it and returns of i81J, be earned on by the said ;^fO\('iner and company exe!iisi\i le. .h! — Capilal stcjk aid (aitl.t to consist ot'the sti.ih en har.d c fboi'i ecu paries, < n l^t June, If^lil, Ac. ^r. ICll: — >' 'i hat the e!(.;;r j.ai: - and [irctits aiisirg lieni tl c ^: ^d c ni 1 : n .-fall hi' du.'i'id into KM) ci^ual Kiiaixs, ;'fd " ;h;»ll l!( ill J', to ll.e parlies i' lli.v.ii '_■■, |tl'at is to sav,) 'JO r f tin' -aid >l,ansslaill bilong to ilic saiil p,ovirnor and ei'in- " puny and ihu'r sueee.-si rs ; *i(l (il.trs of the said shares shall ix h n;,' to tlii' parties iiiiito of tl.e second jiait, their "tNceutois and adininislrntcrs ; '() oiliirs cit li;e said slaiis .h.all heh 1 :; to sntli peisci s as shall Ireni liino lo time', *' be, by the said !i;(iv(rnor and e( in|:any or ihiir sneeeisi i:-, : j [ ( intiii (hiti 'aeli i> and (h.el traders lor coneliieting " the said tiade in the interior ol North America, and tosnth ])< isrns as shall huiai'tit he ai)ptii tid to succeed llicm, " it bein_L: the true intent and meaning of tlie [Kutiis liirito, that tl^e :..iid l.ist mentioned shaies shall al«a}.s be aji- *' p,r(ipr;;';e(! as a rimnrcrution to ll.e persons aetnally enphr'^id in C(n!n(tiig ih.i' trade in N(.tt!i America, or as ix " temporary provisicn for persons relirirg (re in such actual th'plo\ n < ; t. J'k \ i<'k1 il.at as i (ten as there bhuil be any '' Iciss ujion tlie retiiins y ll.cm made wiih the rc- " prt'scntatives of the late Karl of Selkiik, deceased : 5 others ol'th.e said shares subject lo a like proviso for seltiiif; " off aid making goi d thereout B c<;ual ore hundiedth s-haris of mih total loss as aforesaid, shall belong to the said "Simon M'(jilliviav and IMward I-lliee, their executors atul adiniidstiator^, as a (:in>ciisvf!rnor arl, their exccutori or adminiiJratOi's, tubj'.'ut to the provisions htroaftcr cotiluincd, cocccrniry the EaiJ le- " inaiiiing 10 sIi.hts. • " '2.5l.h — Ttiut iiotwilhstiiiKlinf^ any t'linfj lierctoforc cantMiu d, all interest v.liicli may be pnyahle to the said par- '' tics licrtto of the second part, thvir (.xocutursi or atliniiiistrcUors, under tlie pruvisiTD.i a^jrc^i-iiil, in respect of their " shares of the capital, and also those 'JO shares of the clear fjains and profit-, which it is herein before a^jreod, shall " bc.ong to the said parties liercio of tlie second part, their execul.nrs or adniiiiistratorr., j^eneraily, or any part of the " said interests and .-hares may, from lotime, be retained and applied by the said governor and company or tlieir suc- " cossors, for the purpose of aatisfyinj;- an}' deficiency which l)y reason of the previinis lossc; or neglect to bring in " one lialf such advance as afurcsaid, or otherwise there may then be in tlie i;!iare oi" hlic said parlies of the second " part, their executor or administrators, ia tiie capital stock of the said concern, together wil'a any interest tiiat may " be payable in lespcct of such deficiency. " 2(>t.h — That notwithstanding any tiling herct:)forc contained, lhni;e 10 shares of ihc snid clenr gains and profits " which it is heretofore agreed, shall, as the one moiety tlieren", beloKg \o the said g^iveriior and company and their " s.icei:.;sora, and as to the other moiety thereof, to the said parlieii hereto of the slhoi. i pari, tiicir executors or adr,ii- " ni.;tralors siiall, fioni time to time, be invested i)y the said govi.Tnor and company and their successors, in their names, " ill tlie parliamentary stocks or public funds o( (^re.'it Uritain, or upon government seciritics in England, which may " be varied from time to time, at their discretion, nnd the said jnivernor and company and their s'.u'cessors, shall stand '■ possessed of such stocks, funds and securities, and the dividend.. a;.d ai;nu.d produce s'lall become due, to divide tho '• same into two e(]ual shares, and to retain one of such sliares for iheir cu n use, and to pay the other of <.iK'.h shares '■ to the said parties liereto of the second j>a!t, their executors or administrator ;. And upon further truU, at ' the final winding uj^ and closing of the said concern, to divide the uaid slocks, fui.ds, and securities, into two equal '■ shares, and to retain one ef such shares for the use of the said gjverotr and co;npiny or their sut'ccfjsors, and to '• transfer tho other of sut'li shares to the said parties hereto, of liie second |)art, tlul; executors or administrators, " provide i. nevertheless, that the said governor and company and their successors, shall, at any time or times during " the continuance of the said concern, be at liberty to apply all or aiiy p:>it of the said stocks, funds and securities, or " of the dividends and animal produce thereof, in the increase of" the capital stocI( of the said concern, or in sujipiying •• any deficiency thereof", to be occasioned by losses — provided also, that (he sliare of the si'.id parties hereto, of the " sia'ond part, their executors or administrator.-, in the siid stock-;, funds and secdrities, and the dividends and annual •' prodnce thereof shall, from lime to time, be liable to satisly such deficiency and such interest, for the salisf^ying of '• winch, tiu> .said 'JO shares of" the saiil parties hereto, of the second part, their esecutors mid administrators ( f the said " clenr gains and profits, together with intere.-t, payalile as afrrt said, and hereinljcfoio uuiliorised to be retained '• ;fi 1 ipplied as aforesaid. And shall, also, from time to time, be liable to satisfy the said governor and company and " tlifar successors, all daimiges to l)e occasioni'd to them by reas;)n of the breach of any of thv covciants herein cn- '• tcred into by the said parties hereto, of" the second part, and that such disposition iruiy l.'C made of the sad stocks, •■ ftr-.ds and securities, dividends and animal proiluce. as may be necessary or proper i'ur an.-;Aering the above purjios- " es, or any of thcr:i. '• 37th — That in the event, and notwithstanding the death, bankruptcy or insolvency of all or any of the said par- '• tre.s hereto, of the second |)art, and notwithstanding anv other cau-.i', matter, or thing, \\tiat-;oever, neither the share " of tne said parties hereto, of the second part, thtir executors or admiiiistralors in the capilid stotlc, drhls, and efl'ect-i •• jf tile said concern, or in the aforesaid stocks, f"un.ls, and .securities, nor any other monies w property which may bo '' payable or belong to the said parlies, of the sfond part, their executors or administrators, in respect of the said " concern, nor any part of the said share, monies or proj)crty respectively, other than such share of the said parties '• hereto, of the second part, their executors or administrators, in the interest and in the s.iid gains and profits, and in '' the di' ic, .ids and annual produce of the said stocks, funds, and sciiritie.-, as is to be paid under tlu provisions afore- " fuid, shall be drawn out of the said concern, during the continuance thereof. At2'\ — Parties of the second part, bound to save, defend, keep harmless, a. id iuilemnil^v the governor and com- p.ipy against all claims and demands, evils, damages and losses, occasioned by persons not concerned in present ar- rangcnients. 4t5d — And not oppose, dispute, or interfere with the rights and privileges conveyed by the II. B. charter, but con- cur and a.'isent in any application for defining and securing the same.' u \\h:;rcaj William M'Giilivray, Simon ^^'GiIliv^ay, Archibald Normin M'LooJ, Thomis TTiain, John MTavish, and Henry Mnckenzic, did consent and agroo to coritinii.? ynd carry on trade ns copartners in the business heretofore carried on by the late firm of M'Tavish, M'Ciiliivrays & Co. in all matters in which they were in any wise interested oi concerned : — And also in all other matters which the said parties thereto might thereafter see fit to tindertalce or to be onccrncd in during the period of nine years, comnicncinj,' on the 1st (hiy ol December, 1 bl 3, under the firm ot" M Tavish, M'Ciillivrays i"4r Co., and endin>» on tlu; liOth ilay ol' N'ovemher. IS'22. And wherea:) it was also agreed, amongst other stipulations set fo'th in the said agreement, that on or before the I^Olh day of November, 1S2C), the respective parties should require from the others a distinct and explicit avowal of tiieir intention in regard of renewing and continuing the articles of copartnership, or winding up the concern, as the case might require. And whereas, on the 'JHth day of iSrarch last past, tl»e said William M'Gillivray and Simon M'Gillivray, conjoint- ly with Kdward Kliiceoftlic city of London, merchant, did, without the knowledge of the undersigned, enter into an agreement with the Hudson's Bay (!ompany, wherein tluy, upon their own responsibility, undertook to assign over t.> the said Hudson's Bay ("ompany all the stock in the trade earned on by the said tirni, and others concerned, in the Indian Territories, on the first day of .June last past. And whereas the said .lohn M'Tavisli did, in the autumn of the year 1818, retire from the said concern hv mutual consent; and the said .\rchibald Norman .VrLeod also retired therefrom in either the month of !May or June last past ; and the said William .M'Gillivray and Thnnins Thain entered into copartnership under the firm of Sweer.-ys & Co., in the niDuth of March last past, and into a variety of other concerns in their own names and on their own behalf; and thus the said parlies have withdrawn themselves from our said firm save and except the said Henry IVIackcnzie. Now, therefore, public notice is hereby given, that the said copartnership will not, a(;cording to the articles thereof, cease and expire before the 30th day of November, IS'J'J; and all persons having claims or demands on the said copartnership, or on the North West Company, or agents thereof, are hereby notitied to make the sar:e, on or before the aforesaid dav of November, 1H'J2, to receive and adjust which tiie undersigned will henceforth give his attendance at the counting- house of the said concerns every day from the liours of ten to three o'clock, Sundays and holidays excepted. Montreal, 1 5th November, 9 R M n. MACKENZIE. D G< Nrr.RMRN, Montreal, Ifith Novcmbrr, Ifi21. Common prudence dictated to me the reiterated objections occasionally made by me against nnny transactions of our partnership which took place without my previous knowledge and concurrence, and from the recent, actual, serious, and uncommon proceedings threatened to be carried into effect, (at a period too when the books and accounts are not adjusted,) I am now more than ever urged to inform you once for all, that I shall imtne- (Jiately and hereafter resist every extraordiii.ary measure taken, or innovation made, regarding our partnership afiuirs, without my express sanction and authority first had and obtained, — and I hereby revoke and annul all and every pow- er I may have given {since the articles of copartnership) to any of the partners jointly or severally to transact any pi»rt of the buiiness. 1 have the honor to be, Gcntllemen, Yuur must obedient humble Servant, H. MACKKNZIE. To the Ilonor.iblc William M'Gillivray, "\ Simon M'Gillivray f Archd. Norman M'Leod, and Thoinai Thain, i ,' Kiquircs. 15 J rHr>rRST AT REQOESr OP VhV. HONOHAaiiK (TIMilAM MT.ILLIVRAY, SIMON M'r.ni^rVRAY, AND THOMAS THAIN, USQUIRES, AGAINST HENRY MAf.'i;iiNZn;, KSQUinU Wlierens, by certain articles of r^ -cement made and entered into, and bearing date, at Montrccil, the first day of November, one tbousaiid eight hundred and fourteen, the Honorable William NI'Giilivray, of Montrcsil, aforesaid, mercliaiU, Simon M'Ciillivray, of London, merchant, Archibald Norm.in M'Lcod, Thomas Tliain, John M'Tavish and Henry Mackenzie, all of Montreal, aforesaid, merchantH, did enter into copartnership to carry on trade as merchants, and as agents for the North West Company, under certain stipulations and conditions, set forth in the said articles of nt5reement, which are hereby referred to, and among other things it was specially provided and agrcct : — That the said William iM'Ciillivray should "conduct and manage the correspondence and Finance Department, and with such assistance as he might require (t-om any of hi<5 said partners, should superintend the general business of the concern: and that the said William M'Gillivray reserved to himself the right in case he should at any time find that the affairs of the sai'l :;. nccrn would admit of his absence from Canada so to absent himself accordingly ; and that save and ex- cept the said William M'(;illivray, and also the said Thomas Thain (who s(» long as he should continue to bold the si- tuation of agent of Sir Alexander M'Kenzie and Co.) should not be recjuired to assume the management of any depart- ment unless the same should be in some manner connected with the agency of the North West Company, it should he at the option and disposal of the majority of the said concern to employ any of the said partners, and also the said Thomas Tliain, in the event of his rclincpiishing the said agency of the said Alexander M'Kenzie and Co. in any man- ner or in any business, which might be deemed most conducive to the general benefit of the said concern, and that cer- tain of the said partners of the said concern or firm should be entitled to draw from out of the funds of the said concern,, in eacli year, certain sums of money, and no more, in order to meet their several personal expenses." — And whereas-, by an indenture, bearing date the twenty sixth day of March last past, and made between the Governor and Company of Adventurers of Kngland, trading into Iludson'si Hay, of the first part, and the said William M'Gillivray and Simon M'(iillivray, and Edward Ellice, of Spring (iarden. in the County of Middlesex, Esquire, of the second part, it wa» amongst other things agreed and provided, (hat the trade heretofore carried on by the said Governor and Company and the said North West (Company respectively, should, for the space of twenty one years, commencing with the outfit of the year one thousand eight hundred and twenty one, (but subject to the terms therein containedj) be carried on by and in the name of the said Governor and Company and their successors, exclusively. — And whereas, the said indenture and the terms and conditions therein contained, have been ratified and confirmed by the said North West Company, and also by the partners of the said concern or firm of M'Tavish, M'Gillivrays & Co., and the arrangements provided for by the saiif indenture, have in a great measure been carried into effect, and consequently the said North West Company has ceased to exist as a separate body, and the wintering jiartners thereof have, under the provisions con- tained in the said indenture, been appointed chief factors and chief traders, and as sucli, have become entitled to cer- tain shares of tha clear gains and profits arising from the said trade, so to be carried on as aforesaid, by and in the name of the said (Jovernor and Company, and the said agency of the said North West Company, and also the said agen- cy of Sir Alexander M'Kenzie & Co., have ceased and determined, except as in so far as regards to setth'ng and clos- ing the accounts of the outfit of the sa'ui North West Company fi)r the year one thousand eight hundred and twenty, which !s the last outfit made or to be made by the said North West Company. And whereas, the business and trans- actions carried on by the said house or finu of M'Tavish, M'Ciillivrays & Co., under their said articles of copartnershij) have principally depended upon and been confined t.) the said agency of the said North West Company, and the said agency having ceased and determined as aforesaid, the said business and transactions of the said house or firm as con- nected witli the same, must also cease and determine with the close of the said accounts of the said outfit of the year one thousand eight hundred and twenty. And whereas, the said Archibald Norman M'Leod and the said John M'Tavish have retired from the said firm" or copartnershi|) of M'Tavish, M'Gillivray it Co., and the undersigned, the majority of the remaining partners thereof, deem it necessary and requisite from henceforward until the termination of the said copartnership of M'Tavish, M'Gillivrays Sc Co. to confine their transactions solely to the completing and car- rying into effect the said indenture and the said arrangements so made as aforesaid, with the said (Jovernor and Com- pany, and winding up, settling and rcali/.ing the accounts and affair.? of the said firm or copartner: iiip of M'Tavish, M'Gillivray & Co. ; and for these purposes it is considered expedient tliat the said William Af'Clillivray and the said Si- woo M'Gillivray should proceed to England forthwith, and that the said Thomas Thain shall, during their absence. 16 h" i»n*rii.\^f>i v,*i:,h C a l'.liti.).» t.i llv ii;: i.iuci jukI hcc min.i, of \vliu;li, siniJo th;» loM.'.iin.'^iit. oi'tlm siiicl Ju'.iii •M'Tuvi-th; lip, tlij biilil TlioiiMi Tiuiii lu3 had tliu cliuryc, uiuIlt tlit; goiiL'i-al supfiriiitendKnce of llio suid William M'Gillivniy. Pirst — It is tlicrcfore accordinfjiy aj^ro^d nnd risolved, that the Biid hoiiso or tirm of M'Tavish, MTIiliivrfiyB and Co. fhull from liLncffoiward, and iiiilil llu' teniiinatioii of. tlu-ir said urticK-, of (•i)|)ai-tiu'rsliiii, coiifme llu'ir transactions solely to coniplttinf; and tarryiiiL^ into cllVct thi: s.iid a:iai\t;enii'nts wirh thi! s;:id (lovi^riior and Company, and to windinp; up, s(Hlinj,', and ieali/.in<; the debts, effects, accounts, and |)roperfy f)f the said firm, and that the aaid lioiijio or firm of M'Tavi>li, M'Ciillivrayj'- «!^' Va). shall not, and that any individual iiarlnei' tiierol" :;luili not be coio- petent in the name, or on llu' biiialf of tiu sdi.l house or liim ul' M'Tavisli, M'Uillivraysi'v Co. to contract or cnltr into n(!iv transactions, punluisis, enu;at;enit'nt.-, or spi'i alations wliatsocver. Srcniid — 'I'liat ihirin^i llie absence Ironj tiiis Province of tlie said William M'riillivray, and the said Simon M'nilli- vray. ThonuH 'I'hain be auiliorised, and he is hereby uecordinjily atuliorised te supi rintend and to contloet the correspon- dence, tiie fniances, a. id the !;ineral busincs, of I'les.iid house or lirni of M'Tax i.^li, .M'Ciillivrays & (.'o., and to hold and po.ist'ss the books, paj)>.rs, anil all otlnM-|)roiu'rt; oi' tlie said house or iiini. on behalf of and in trust for all particu holding any just and lawful jiarl. share, claim, or inttrest therein, or any part thereof. 'l/iiril — That tlie s;.id Tliomao Tliain shall be |)cr.ionL!ly responsible for any future violation of the ninth article of the Slid co()ertnership a.'reeuicnt, being that which .spt'cilies and limits the sums of nn)ney to he drawn Irom t!»c funds of the said ctjpartnersliip or I'oncern by tli'' individual partners tlureof to meet their several personal exj)ensc«. In witness whereof, and of our consMit aid cincuircTKc (liereii, vve liavi- licreinUo set our hunda and toalj, al Montreal, this tifteenth day ol November, one thuuiand clj^!:! hundred and twenty-one. In presence of (Signed) C. TATI'. WILLIAIM CAPTI.E. WILLIAM M'(IILLIVIIA7. (»enl) SIMON M't.ILLlVllAY, («o«li THOMAS IHAIN. (»eal) Dtipliciitt rrfcrred to tn ihf annexed Frotesl. II. fiHITFIN, N. r. On ihij day, the srvontecnth of November, in tiie year of our Lord one thousand ritrht hiindrrd and twe:Uy one, we, the undcrsigiiod Publi" Notaries duly connnissioned, and sworn in and for the Province of Lower Canada, resie and firm, and there sneaking,; to iiimself did si','nify unto him the annc.- ed instrument tjf resolves made by the said majority of partners; — at the same time, at the re(]uest aliiresaid, did de- clare to protest, as by the-e presents wf do so!en;nly protest, a,'j;iinst the said Henry Mackenzie for all costs, charges, losses, damages, and i;ij;ui--s, that may result by or fVom all or any act, or acts, of the said Henry Mackenzie should ho go. act, or do contrary to the said resolves c(mtained in tlie .viid annexed instrument, detcrnn'ned upon by the Baid William M^Ciillivray, Simon M'(jilli\ray, aiir any liability for the ;)ha< violation of the same. In wimoss whereof, I have hereunto set my hand and seal this seventeenth day of November, one thousand eight hundred hi.d twenty-one. (Signed) H. MACKENZHi. (L. S.) In presence of (Signed) C. Jri.ILS BROWN. H. CJUHTTN. A true Cop;^. H. GRIFFIN, N. P. On this day, the seventeenth of November, in the year of our Lord one thousand eight hundred and twenty-one. \VK, the uiukrsigned Notaries Public, duly conmiissioried and sworn in and for the Province of Lower Canada, resid- ing in the City ol Montreal, at the s|)ecial instance and re(iucst of Henry Makcnzie, Lscpiire, of the said city of Mon- treal, one of the partners in the house and firm of M'Tavish, M'Gilhvrays & Company of Montreal aforesaid, mer- chants, did go to the house of Thomas Thain, Esquire, in the said city of Montreal, and there did signify unto the Hor.orablo William M'Gillivroy, Sinioii M'Gillivray, and Thomas Thuin, I'squires, by speaking to the said Thomas Thain, the annexed declaration of (and signed and sealed by) the said Henry Mackenzie, at the same time, at the in- stanLc and r.-ijuest aforcsaiil, did declare to protest, as by these p'-esents we do solemnly protest against the said Wil- liam M'Gillivray, Simon M-Gillivray, and Thonjus Thain, jointly and separately, and all and every other person and persons, whom it doth or may concern, for all costs, charges, damages, and injuries already suHercd, or that can, shall, or may hereafter be sufi'ered by the said Henry .Mackenzie for and by reason of the resolves and determinations made by them, the said William M'(iillivray, Simon M'Gillivray, and Thomas Thain, signified this day upon the said Henry Mackenzie, and referred to in the said annexed declaration, and further for and by reason of all or any act or acts, thing or things by them or either of them already done, or that may hereafter be done by them the said William M'(iillivniy, Simon M'Gillivray, .-rnd Thomas Thain, or any or cither of them, in virtue or in con.sequence of their said resolves and determinations, whereby the rights, prerogatives, or interests of the said Henry Mackenzie shall or 18 miy "1 ii'y manner or way 'n^ projudiwl, hurt, nr injured. And to the end that ilie diiid Williiun M'riillivray, Simon .M-(iil!ivriiy, and Thainas Tliaiii, or any or eitlior of tlieni, may not liavo i'au«u to |»ri'tei>d i/,'norantc' to llio prtmiseh, wt!, a: tla* same time, iklivcrkd unto the said Tlioma'i Tliaiii a duplicate of llie said dciiaration, .si^rat,! and sealed a.* aibroiaid, with a (.ertiiied copy of tficso jiresents annexed. nustljne and protested at Montreal alorcsaid. on the day, montli, and year tirsi above written, in the afttrnoon. ^Signed) THOMAS HAHKON, N. P. & II. (illll-FIN. N. P. 4 true ciipj/ <)/' the original nunutr .: ' II. (JRIFRN, N,P. G pmri^sT nv henry MACicENZir:, tv.-.ui \\ii.i.i\m M-r.ii.i.ivn.w, simcn M'(;it,Livn\v, tuo.mas tii.mn, an;) ai: » iiiiiAi.i) M'i.i;i)i>, ich'jiiiui.s. WHiercao, hy rcrfain .irticK^s of ai»rcon)cnt, bearing date tlie first day of N'ovcmbor, one tbouwmd eitjht Imndred ,iiid fourteen, made and enlercd into by and between the Ilimoraljie William .M'Ciillivray, of Montreal. Sonon M'(Jd- iivray, of Lonilon, merchant, then present at Montreal, Archibald Norman M'Lcod, Thonnis Thain, .lolin M'Tavi*!!, jfid Henry Mackenzie, all of Montreal, aforesaid, merchants, (alter reciting divers articles of agreement and olhir in- struments,) they, the said parties did con-ient and agree to eontimie and carry on trade a-. coj)artner> in the husine.s.* t'lcretofore carried on by the late house of M-Tavish, .M'dillivray iS: Co., and by the new h(m>e su^ce the formation of tile same, and all mattirs in which tliey were in any wise intercited or coiueined, and also in all other matters which the said parties thereto mii^iu see (it to undertake or i)e concerned in, for and during the term of nine years. And v/h-reai, bv the tenth article of thj said agreonifnt, it was expressly agreeil that as it was considered desir- able at some delinife period bedre the dose of tiie coficern, arrangements should be mack; for eontinuimj tlie business to be carried on thereby, or /'or ivimlin^j^ up t/ir snrnr mid miitztug the prnpcrti/ mtil t^/f'fils thrreuido liflon^irn^, at Ira.tt i'vij ;/ears before the termination of the partnership, that is to .say, on or before the thirtieth day of Novend)tT, one thousand eight hundred and twenty, the r'.'s|»ectivc parties thereto should be competent to /rouire each from thr otken a distinct and explicit avowal of their intention m regard to renewing and eontiiuiing articles of copartnership, or tciniitng up the concern, as tile case might be — and in the event that the majority should enter into arrangements for the renewal thereof, tlic new concern were to be subject to certain engagements, and to enjoy such rights and pri- vilege-, and to observe and fulfil such regulations as were more particularly mentioned in the said article. And it was firther agreed upon that in the event of a majority not entering into arrangements for a renewal tliereof, and that it siiould become neccs-ary to wind up and c-lose the business and '.ransactions of the said jiartnership, in that case it sliould bcr the duty of the partners emj)!()yed in the agency of the North West C!ompany to perform their usual duties in the sumtiier following tlie termination of the said partnership. That it .should be the duty of the London partJicr to receive arid reali/.o tiie return in the usual manner, and that it sliould be the ihity of the j)artncr employed in keep- ing the books to remain at his post, for wliieh several duties the said respective part.'iers should receive an adecjuate recompense — and that all other stock should be rea'i/.ed in such manner as a majority should see fit. And whereas, by the eleventh crtiele of the said agreement, it was further stipulated and agreed upon by the said parties, that the death or retiring of any partner, or ndmis.^ion of any active partner or partners should not affect, deterr.iine or change tlu; partnership thereby estaiilislied, nor the p( riod of its duration, but the same should nevertheless be continued and carried on under all the clauses, combtions, and stipulations therein ccjntaincd, until the final conclusion and determi- nation of the aforesaid »erm of tune years. And whereas, on the seventeenth day of the [ireseut month of November, ;i curtain writing or jirotest, with certain resolves thereunto annexed, signed and sealed by the Honorable W illiam M'Gil- I:vray, Simon M'(jrillivr.iy, andThonias Tluiin, parties to the above recited agreement, was signified or served upon me, the said Henry Mackenzie one other of the said parties to the said recited agreement, in which said resolves were recited, cer- tain articles of the said above recited agreement, unci also certain indentures mtide between tiie Hudson's I'ay Company sad the Honorable >V:li:ain M'Gillivray, and others, and that llie same had been ratilJed by the North West Compa- 19 ny, amt alio by th«? pnrtncrs of the house of MTavish, M'(jilHvrnyt & Co., and that certain clauacR therein mor- tidtiod had been carried into ellecf, and timt the agency of the Nortli West ('ompany and the agency of Sir Alexander M'Kcn/.i'.! fi C't>. had ceased, with the exception of tiie outfit one thousand ei};ht hundred and twenty. And uhich itaid resolves uirlher recited, that the business and tran«aetionH carried on by the said M'Tavish, M'GiiUvrays A Co , Iwul j)rincipally depended and been confined to the ngcncy of the North WcKf Company, and that the said agency iinv- ing ceased, tlu; business and transactions connected with the same had ceased ; and furtlier recited that John M'Tavish nnd Archibald Norman M'Lcod Iiad retired from tlic said copurtnersiiip — and that the undersigned majority of the re- HKiining partners thereof, deemed it necessary and requisite from tlienceforward, until the terniin'Jtiun of the copartner- slu'p of MTavish, M'CiillivrnyM & Co., to confine their transuctiong to the completing and cairying into effect the said indenture and the said arrangements with the said (lovernor and Company, and winding up, seilling, and realizing the acco;ints and alfairs of the said M'Tavish, M'Ciillivrays & Co. and for those purposes it »vas was deetnemj)!etiiig und carrying into eH'ect the said arrangements Milh the said Governor and Company, and to winding up, settling, and realiitidg tlie debts and property of the said firm, and that the s.iid house or firm of M'Tavish, M'Ciillivrays iV Conipany .should not, and that any individual partner should not be competent in the name or on tfir behalf of the said firm of M'Tavish, M'Gillivrays and Conipany, to contract or enter into any new transactions, pur- chases, engagements, or siRculations whatsoexer. Secondly, — That during the absence of ihe said William !\I'Gilli- vray and Simon M'Ciillivriiy, the said 'I'houuis Thain should be autlmrised to stiperintenil and to conduct the corres- pondence, till- finances, and tlu' goiu-ral business of the said partnershlf), and should hold and possess the books, pa- pers, and all other the pitij)irty of the said house or firm on behalf of and in trust for all parties boldinj: any just and lawful part or interest therein or any part thereof. And thirdly, — That the said Thomas Thain should be personally respoiisibli; for any future violation of the ninth article of the copartnerslii[), bi ing that mIucIi limits the amount to be t iKeii out of tlu; i;tn« ral fumls by the individual partners for their personal expenses. Now I, the said Henry Mac- kenzie, oni! of t!u! .saiil partits to the above recited agreement, taking into due consideration all tlu clauses, stipula- lions, and conditions thereliy entered into and agreed upon by and between all the |)arties thereto; and also having maturely and uttentivily ccjusidered the above recited resolves aiuiexed to the said writing or protest so signified to me as alioresaid, do now for the preservation of all my rights and intere^^ts contained in the said recited articles of coparinership, sulenmly protest against aU the said resolves and the reasons contained in the recitals preceding the same, a^ being in direct eontradictu)n to imd violating the spirit and true intent and meaning of the above! recited ur- lilies of copartnership entereil into with ine ; and I hereby further protest against the said William M'Gillivray, Simon M'(iillivrav, and Tlioinis Thain who have entered into tlu; said resolves, and signed ami sealed the same, for all coats, dauuiges, interest, or injury which I have idready suffered or hereafter may suffer by the same, either in property a!d eleventh artiele it i^ ratified and rcneweil, with an assuranee \\\al events of death or innovation should not eliange luir lessen its duration, and tliut it should be eontinued under ail tlie stipulations aiul eonditinns contained in the said agreement until its final determination — one uf which stiptila- lions wai to carry on ail business wlueh uiiijht be entered into for nine years — whereas the first resolve herein before recited, entered into by the majority, the tiansaetions of the n\\\\ partnership arc limited, by confining the same solely t,» the eompletinR of the nrraiigen'.ents entered into with tlie Hudson's Kuy Company, and to the winding up of tlie atJ'airs of tlij said partnership of .M'TasisIi, M'Gillivrays A Company. /•y/?/i(//, — Heeausc by the fifth artiiie of the said above recited agreement, it was stipulated, that the said Honor- able \Villiani M'dillivniy should conduct and manage the correspondence and finance department, and with such ai- t-istance as lie miy;lit recpiire from any of his said partners, should superintend the general business of tlu; concern — uhcreai in o])ii(Hition thereto, by the second of the above recited resolves, the said Honnralilv William M'(iillivray has authorised the said Thomas Tliain to superintend the general business of the said firm of M'Tavish, M'{iillivrays and Company — which superinfendance of the general affairs could not be deputed l)y hin> to any one of the partners, as i.J plainly evinced and shown by the sixth article, which in the event of the death of the said William M'(iillivray, or his absence from the I'rovince, expressly tleclares, that the said Simon M'Ciillivray should come to Montreal, and assume ti.e management of tlic fuiance nnil correspondence departments onl^', leaving the authorityi whicli such u power is supposed to give, equally to all the remaining partners, ' - ', Siithfy, — liccausc by the said above recited resolves it is nttem[ited that I, the said Henry ^fackenzie, should be left without any participation in the bu.viness of tl'.e said purtnerslu']), and thereby deprived of watcbinc over my interest- — wl'.icii rtsolves, if carried into eiieet, will justify and demand as a duty from tne every opposition in my jiywer. In witness whereof, I have hereunto fcet my iiand, tliis twenty-first day of November, in the year one thousand eight I'.undrcd and twenty-one. Twcnt-five words being erased, three words interlined, and one marginal note. II. MACKENZIE. Montreal, 21st November, 1S21. — We, the undersigned, do acknowledge to have received u true copy of the forcgcir.g protest, ar.d considtr the siuiie as valid as it the said protest iiad been made by a Notary Public. WILLIAM MGILLIVRAY. SIMON M'(.ILL1VRAY, THOMAS THAIN. CI II Iir.NnV MACKKSZIE TO SIMOS MfilLLlVHAV AND THOMAS TIIAIK, ISfiUlRKS. Dcnr Si Mi)iUroal, '22J November IS'2'2. r*. T!ic Kngtii of time that lint clnpscil since I Inst saw the book? of M-Tavisli, M'Gillivrays & Co., and the n;;cnts of tlic North W\%t Company, has i flared from my recollection many of the things recorded in them, and loft but a fi'ibU' imprcsMon of others. 1 ain thus, at a time wlu'ii the close of the concern i» at hand, i^-norant of the precise rtlatioii in which I stand with my associates in liii,iness, and withont the means of forminj,' a just esti- mate of any rijjhts uhich ma} biloni; to nic as a [icrMWi mi conncctitl; nn aci|uainttincc «ith whiili, you will, I dart- say, allow, h necessary to place mc upon a footing with you in any discussions to which the approaching settlement b'jtwecii us may give ri.se. I therefore nipiest that I may have iinniediate and free access t(» the above-mentioned books, for the purpose of makinj; such extracts from lluin as I may re(iiiire. I'l'.rthcr, our coimcxion being now so near a termination, I thiiJv it a duty I owe to myself to urge an iomiediutc settlement of those books; lo facilitate the accompli.-hment of which, I will be prepared, on Monday next, to audit in ( onijiany wish yourselves all the books of account in which I have any concern. I trust, (Jonfliincn, that as I am mnscious of having alloui'd no improper feelin;; to guide me in making thcKP re- ijucsf>-, so I tru.st they will be rcceivetl in godd part by yon, and th.it vou will suii'er no unlbunded suspicion of /alrnt niotaes of action in mc (which I am sorry to say I CDuld perceive swayed decisions on lornar occasions) to .stand in the way of acceding to what I think every man must call a reasonable reipicst. l5o abjured, (Jentlemen, that in whicliever way our matters may be linally arranged, I wish nothing to occur to in- tL."!;'pl, in the jir.ni'est degree, the olfices of friendsliip \\hiih \\v have hitherto !)ecn i!i»poscd to extend to each other. I am, uitli tlue regard, Dear Sirs, Your most nheditut bumble Servant, ir. MACKLNZIK. Moitreal, 2:id November, 1S22, Dear Sir, l;i iiply to yo.n- letter of yesterday, we deem it reqnisiti' to refer you to the partnership ft';reemont of the firm of M'Tavish, M'(rlllivravs i''.,- Co., the tciilh article of which, in specifying the duties lobe per- formed by the respective partners — "in the event that it shall become necessary to wind u\t and close the business " and transactions of this concern or partnership," — provides, amongst others, that " it shall be the duty of tlie part- " ner, employed in keeping the books and accounts of tliis concern, to remain at his post, and to make up and exhibit " jiif, true, and accm-ate accounts of the iaiil returns, (those spoken of arc the returns to be obtained for the outlit of 2€ the \oar,) "so to be realized, and all other nutters and tMnsactions in which the concern may remain interested." Sow tint it /)(!< become necessary so to wind up and close tl.c said business and transactions, is perfectly well known to yon, and ve have to inform you further, that by a rcsDlution of the requisite majority* of tl-e concern, Mr. Thain is auiiiorised and appointed to perform the duty abovt ppeeiticd. Thit this duty should devolve upon Mr. Thain, almost necessarily follows, t'rom the article quoted, since for the iast four years /tehas been the partner employed in keeping the books and accounts of the concern, and as the realization ut" the relurns, mentioned in the agreement, was neces->anly to take place before tlie accounts depending upon them could be settled, and since jou know, as well as we do, what time is requi ed forreaii/ing tlie returns of the outfit in (;i*tion, it is quite unnecessary for us to point out to you what time must elapse before the production of the ac- oauntss pccitiid in the agreement can be required. V. dicm it requisite also to refer you to a certain deed, bearing date the Gth day of April, 1821, reciting .and ra- tifying ilu> rCL\nt arrangements with the Iludsoifs IJay I'onipany, and of wliich you have recently received a copy. Me refer you particularly to the stipulations for balancing inventories with the Hudson's liay Conq)any, t.f the first of 'une, 18i'5; and those for the payment to tlie fm^o^ M'Tavish, M'Gillivrays & Co., of certain =i>nr«cy now stand; an explanation oi' past transactions, not a premature settling of -'contingencies " that depend upon materials yet to be procured. Is there aught in the agreement to prohibit this !— to prohibit a partner from sccir.g the books of the association to which he belongs ! If there be such a clause, show it. I must be permitted to .-ay that I am very harshly, not to say unfairly, dealt with. This, I am convinced, must be the conclusion every un- biassi-d mind must come to on the subject. Vri\y be explicit, and acquaint me whether you mean to deny my request as here explained. I am, most trtily yours. 1 must have an early answer to-morrow, if you please. THOMAS THAIX, Es«. H. MACKENZIE. H. :\r. • lliis ii not true ; — I madeovcr lo ihe firm my stock in tlic concerns of *' M'Kcnr.ie, OlcUiam & Co.'' and " Henry Mackenzie and Jacob OlJli.i:n," of Terr bone, and g.ive Mr M'GiUivray leave lo realize it, while I was busily crgsgcd here and elsewhere on the alTuirs of the North Vest Ccr. pany in the contest with Lord Selkirk. If that stock has not been as productive as it would have been by my own exertions tl:e blame lies on him who neglected it when it became a part of the capital of M'TavIjh, M'GiUirrays & Co., and must be considered ai « part of liis adm'ni.tration of the finance of the latter lirm. — II, M'K. ^ This speed it excessively slow, «nd as yet lias rot eve are still of the same oj)inion, that no good 'ould result to either party from sueh inspection at present. IJr.t as \cu re(|uire an explicit answer, I beg leave to ini'orm ymi, that we cannot agree to your reciuest ; and you arc well aware (independent of the state of the oiiiee) that my time can be much mor.- beneficially employed attendin;; to other matters. 1 remain, Dear Sir, Yivur most obedient Ser\nnt, THOMAS TIIAIN. II. MACKl'NZIE, Esq. yq' . ';w' T W '■^