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131 ✓ 122 No. 915 Union Trust Bldg., Detroit, Michigan. October 25th.,1906. Messrs. Zeller, Fairman & Company, First National Bank Bldg., Chicago, Ills. Gentlemen:- Replying to your favor of the twenty-fourth; the price quoted for AMERICAN TRUST BANK is far below what I believe its future value will be, so I shall decline to make sale at the present prevailing price. Thanking you for your courtesey [[courtesy]], Believe me, Yours very truly, Charles L. Freer