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as we would wish.  The cash is $325. and our purpose upon making the 1st payment on 1st day Nov. next. as two payments are allowed us.  At this time we will have sufficient to build upon.
We will put you in Communication, as soon as possible, with the Contractor, who will give you every information neccessary, respecting cash etc.
The Freedmen promise $500 toward work.
The Presbyterian Society will no doubt assist us.

Hoping you well
I am Very Resp'y Yrs
J. Reed Ballard
"Servus Servorum" 
Box 44 Florence Ala.

P.S. Several Schools are organized in the county to be conducted in part [[strikethrough]] under auspices [[/strikethrough]] by Pres. H. Mission

Transcription Notes:
"Servus Servorum" = servant of the servants