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#915 Union Trust Building,
Detroit, Michigan,
June 28th, 1904.

J.C. McCaul, Esq.,
Sec'y., Alger-Sullivan Lumber Co.,
Union Trust Building,
DETROIT.

Dear Sir:--

I take pleasure in acknowledging the receipt of yours of the 27th instant, containing check to my order of $4,580.00, being in payment of 10% dividend on the capital stock of the company, standing in my name.

With thanks,

Yours very sincerely,
Charles L Freer 

Transcription Notes:
Faint signature present; assumed to be Charles L Freer