Letter from John Anderson to Vilhjalmur Stefansson, 29 December 1921

Dec. 29th, 1921.

V. Stefansson, Esq., c/o American Geographical Society, Broadway at 156th St. , New York, U.S.A.

Dear Mr. Stefansson,

With regard to the sum of money in the amount of $190.00 which you advanced to E. Lorne Knight, and as per your letter of the 22nd inst., I find that I gave you credit for $250.00 advanced by you to Knight, and you were issued shares in the company for this amount, plus the other advances made by you; so that it stands at present that Knight owes the company instead of you, and I am reducing his account each month by applying his salary against it.

This $250.00 may not be the same as the money which you speak of. It may be an entirely personal loan by you and have nothing to do with the $250.00 also advanced by you. If so, then the only way this can be settled, is to wait until Knight’s return.

If you were able to get an assignment from Knight of his salary each month until it is paid up, then I could pay you, but since there is no means of communicating with Knight at present, I am afraid the next best thing is to wait until he either returns or you can obtain authority from him to draw his salary.

Yours very truly, ^ John Anderson ^

Secretary.

JA : W