Gibson has received Tornatore's proposition through Father John Timon, C.M. and declines acceptance for the following reasons: that Tornatore demands all the land and papers and that Gibson's compliance would exonerate Tornatore from giving Gibson the 2 arpents in said tract, which was admitted by Tornatore on the signature of Father John Brands, C.M. at Perryville. Should Tornatore wish to locate a branch of his college at the place, Gibson will be ready to meet his subscription of $500, 6 acres of land and free use of the stone quarry. Should this not meet Tornatore's approbation, Gibson is willing to surrender to him or his agent, Sidney Breese, obligation for the land on the river between the Messrs. Vallé, on the payment of $500 cash and $800 in 12 months. :: IV-3-i A.L.S. 1p. folio