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497 (X) March 25/96. Personal Henry Russel, Esq., C/o M.C.R.R. Co., City. My dear Sir: Referring to the proposed P.O. & P.A. bonds, I have carefully considered the plan and rather thoroughly examined the operating reports of the company, and have reached the conclusion that the investment contains larger elements of risk than I feel like assuming on behalf of either Col. Hecker or myself. Thanking you for the courteous opportunity offered and for the full information placed at my disposal, I remain, Yours very truly, Charles L. Freer
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Reopened for Editing 2023-09-20 13:27:33