S-a-1326 — Captain J.P. Williams – Drawings under Letter of Credit
This file documents financial and administrative correspondence relating to drawings made under the Letter of Credit established for Captain J. P. Williams’s Niagara salvage operations between 1940 and 1942. It contains records of account balances, cumulative drawings, receipts, payment authorisations, and periodic summaries of expenditure. The correspondence includes memoranda, reports to the Secretary and Governor, confirmations that funds had been applied, and updates on remaining credit. Together, the records trace the financing of the salvage operation, showing how funds were approved, drawn, and accounted for, and providing a chronological record of the bank’s management and oversight of operational expenditure.