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466

(X) 

Feb. 18, 1896.

Mr. Allan Bourn,
C/o Pur. Agent’s Office, N.Y.C. & H.R.R.R. Co.,
Grand Central Station, New York.

My dear Mr. Bourn:

Referring to the conversation I had with you in your office last week about bonds of our company, I have just learned that a party here who has had some financial reverses has seven of our bonds pledged as collateral to a loan which the banker wishes to retire, and both the owner and the banker are willing to close out the bonds at 90 flat. There will be six months’ interest due on these bonds March 1, and I believe that a firm wire offer of 90 would secure not only the bonds but also the accrued interest.

If this interests you, please wire me on receipt hereof, and if you care to make the offer firm, I will do what I can to carry through the trade as above.

I congratulate your company on the extremely low prices at which your recent purchases of equipment were made.

Yours very truly,
Charles L Freer

I am having this in the supposition that you wish to buy some [[?]] bonds if you do not, dont [[?]][[?]] [[?]] as others are [[?]] [[?]] to make this purchase  

Transcription Notes:
too many [[?]]s to be marked for review, pls fill in Too faded to transcribe any more [[?]] ---------- Reopened for Editing 2023-09-20 13:16:45