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are made retroactive.
In any case I would have to pay transfer taxes now and then again transfer taxes for exchanging the stock for [[underline in red]] Union Carbide [[/underline in red]] and many other unforeseen complications. - So I prefer to take chances, but I did not explain him why as it is too difficult to do so on phone.
[[underline]] March 28 [[/underline]] [[underline in red]] Redman writes long letter from New Orleans, telling all [[/underline in red]] the news and important things research has accomplished and speaking in glowing terms of the future etc and [[underline in red]] urging anew to declare the preferred dividend. [[/underline in red]] Ask also whether he may come here after
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meeting of New Orleans next week. Wired him should be glad to see him and wishing him successful meeting
Have sent his letter to George 
[[underline]] March 29. [[/underline]] Made grape wine from 12 gallons juice [strikethrough]] exp [[/strikethrough]] pressed from our grape fruit
[[underline in red]] Mr Arthur Curtis James & Mr Alvord [[/underline in red]] came to pay an informal visit this morning and offered them my grape fruit champagne.
Afternoon went sailing in my little sloop
[[underline]] March 30 [[/underline]] Mailed tax returns for New York State = 0. Wrote letter to George about [[underline in red]] pending loans [[/underline in red]] we made and which I estimate in all about [[underline in red]] 1 million Dollars [[/underline in red]] including $500000 to England