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[[Left Margin]] Gust de Launay Novbr 29 1867 recd at Montgomery [[/Left Margin]] 175 - two hundred bales. This I think will be [[strikethrough]] between [[/strikethrough]] inough to pay the freedmen who made the crop. If the decision of Capt. Smith made in May last, does not create a lien on the stock &c greater than any debt since made they will lose their claim and I have every reason to