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Feb. 4, 1933

Dear Billy,
      Returning to return herewith. From the figures I wake the love $4,691 ^40 (your house part taxes 2519^41 are palms and 2419^40 on the (?) and this is primarily due to the depreciation items. So, as you earlier remarked there is no [[??]] you've been approved for past performance on the 2400 haven't you? Hope you work it out satisfactorily with the agent. How is the depreciation figured anyway?

Did you all decide anything about [[??]] [[Gas.??]]? [[??]] yesterday 




All O.K. except colds more or less.
Best to you all.
Your