Letter, 29 June 1861, of James Montgomery, written from Graniteville (Aiken County, S.C.) and addressed to A[ndrew] B[axter] Springs, Fort Mill (Lancaster County, S.C.), reports, “By order of the President,” that “We are now ready to pay the Interest from July 1860 to July 1861 on the Scrip issued by the Graniteville Company” and indicates that payment would be made in the form of a check drawn upon “the Bank of the State in Charleston or the Bank of Hamburg.”

A scrip dividend of ten percent was to accompany the check.