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482 -2- with the names shown upon the face of the stock certificates. There will be due in exchange for the Jerome certificates of the Copper Range one hundred twelve and one-half shares. Inasmuch as there are to be no fractional shares, kindly dispose of the one-half share due Mr. Jerome to the best advantage, and remit proceeds of the same in due time to my address as above. Yours very truly, Charles L Freer P.S. The rights to subscribe to the new stock, under both Mr. Jerome's deposit and mine, you may let pass.