Item Description: Note, dated 5 February 1864, written from Silas Biglow to Colonel E. W. Hubard. The note states that it accompanies an insurance renewal receipt, and discusses the increased interest rates for insurance companies.
[transcription available below image]
Walkers Ch. Feby 5. 1864
Col. E. W. Hubard,
I enclose your renewal receipt for $5000 in Albemarle ins.e Comp.y. You will see the promissor is increased from 3/4 to 1 percent made necessary by the heavy tax-ation and general increase of expenses. It is still lower than the general rates of other companies. You can deposit the promissor at your con-venience to my credit in Bank at Farmville.