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WILLIAM E. BROOKS
AGENT

GLOBE INDEMNITY COMPANY
A. DUNCAN REID, PRESIDENT
CASUALTY INSURANCE FIDELITY AND SURETY BONDS

2 MAIN STREET
FRAMINGHAM, MASS.

November 1, 1934.

Dear Raymond:

Many happy returns of the day. I enclose usual monthly statement.

This is a busy day: Statements, Rent collections, Paying Taxes, without enough balance in checking account: However the Town note of $4000. at 3.75% interest, was due today: this was not renewed, as they have been able to borrow at-about 1 1/2% interest. $1500.00 was deposited in the Trust Savings, also $1500.00 in Farmers' & Mechanics' Savings; the balance in checking account, in order to pay the taxes.

In regards to Abdelmasch. loan: We hold additional third mortgage to amount of $1300.00; for which we receive about $8.68 interest per month. This additional mortgage was put through in order to line up with the Home Loan Corporation; which changed their minds three times; but, will not loan anything now. I have been approached to cancel the $1300.00; but, have insisted that it will not be done until the interest on the $2000. be paid in full; allowing interest on the third being allowed against it: If this could be done, would reduce interest, from 10% to 8%, with interest payable monthly; Think we are holding the bag for the present.

In regards to the Mc Cann. loan: Have been able to get another $50.00 on the interest, but, with many telephone calls, would state that is all for the present.

Have received another touch from Aunt Emerance: who is entitled to as much as others; to cover fuel for winter, about the usual $50.00: Will send this amount next week when other checks aresent, also a letter as usual, stating that when its gone, its gone. Balance at present: Framingham Trust $878.78 Montreal $147.89. Total $1016.67. It wont be long now.

Will not make any statement of balances until first of year.

Best regards to all,

You brother,

Bill.
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