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National-BenFranklin
Fire Insurance Company
of Pittsburgh, Pa.
ORGANIZED 1866

EASTERN DEPARTMENT
NEWARK, N. J.

WILLIAM E. BROOKS, Agent
2 Main Street
FRAMINGHAM, MASS.
Telephone Framingham 1248

NEAL BASSETT. PRESIDENT
JOHN KAY. VICE-PRES.-TREASURER
A. H. HASSINGER. VICE-PRESIDENT
WELLS T. BASSETT. VICE-PRESIDENT

November 16, 1933.

Dear Raymond:

Thanks for your answer to my letter of the second. Nothing active in Henrys' case as yet.

I enclose insurance policy on your property; coverage of $9000.00 for five years from November 18, 1933. Thanks for the business.

We have been able to close out the mortgage of Samuel Hill. amounting to $3,000.00, which we have exchanged for a like amount in Co-operative Bank. shares, as follows: Henry Wilson of Natick, $2000.00 Framingham Co-operative, $1000.00: The big question is for a split; for instance, our shares would be $750.00 each, with Henry getting a credit on notes for the same amount; these shares are in $200.00 amounts, which makes another worry, but with interest, which will be payable tomorrow, amounting to $121.88, with a bit more added, would allow a distrubition [distribution] of $3200.00 or $800.00 each; this would mean either to hold the Co-op shares in the trust and pay cash, or split the shares in units of $200. to make the $800.00; Henry's amount to be held, to amount equal to others, as a credit. While the mortgage is not yet discharged, which I expect to do tomorrow morning, after payment of interest; would state that I have the Co-operative bank shares, endorsed in blank, which will be held, as is, until I get some dope from you. I figure this as liquid.

As to the stocks, would say I figure that I am in such a posit-ion, that I should wait for the rest to tell me what to buy; as it is now, even if I were on top of the exchange and bought something without permission, the same going down, instead of up: "What the 'ell". With this inflation controversy going on, who knows-------do any of us?

Best regards to all,

Your brother,

Bill.