Viewing page 134 of 153

This transcription has been completed. Contact us with corrections.

[[preprinted]]
The Chase National Bank
OF THE CITY OF NEW YORK
NEW YORK 15, N. Y.

FRANK M. TOTTON
VICE PRESIDENT
 [[preprinted]]

March 12, 1953

Dear Fred, 

The morning paper gave me quite a surprise in the announcement of your impending change.  This is a great break for Phelps Stokes but it is mighty tough luck for Tuskegee.  You have been such a tower of strength that they will find it difficult to secure a successor who will measure up to you in any way.

I suppose it will be a welcome relief to you to change seats and be in the position of giving out money instead of soliciting it.  You have certainly become a capitalist over night.

With best wishes to you for continuing good health and happiness in your notable career, I am

Sincerely yours,  

[[signature]] Frank [[signature]]

Dr. Frederick D. Patterson, President,
Tuskegee Institute,
Tuskegee, Alabama