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  (7)     93

[[pre-printed letterhead]]
[[image: royal coat of arms]]
Royal Hotel.
  Bristol
Telegrams,"Banquet, Bristol". 
Telephone No. 491.
[[/pre-printed letterhead]]

[[indication to omit]]
rich - but individually his case is a bad one and he should be punished.  This how ever, is not likely under Buhl-Whitney administration - that sort of management which holds money more precious than honor!  Which State Bank official is responsible for turning over the collateral to Sinedley?  It is strange that it should have been allowed to run on so long - and most unfortunate all round.
[[/indication to omit]]

I am glad the Trust Co. is keeping an eye open in the interest of the Detroit Driving Club Bond holders.
Campan will stand watching!

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