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365 915 Union Trust Building, Detroit, Michigan, January 16, 1907. Little & Hayes, 303 North 4th Street, St. Louis, Mo. Gentlemen;- Referring to yours of the 14th addressed to Mr. Charles L. Freer. Mr. Freer is abroad, but I feel sure that he is not desirous of disposing of his Chicago Railway Equipment Company's stock at present. Thanking you for the inquiry, I remain, Very truly yours, JM Kennedy