Viewing page 257 of 283

This transcription has been completed. Contact us with corrections.

<3>
still worse over developments in the Currie business [[underlined]]at the bank.[[/underlined]] It is terribly disappointing and shakes ones confidence in banking investments to say nothing of other and higher hopes. Is the bank hoodoed? It certainly has received a continuous series of blows peculiar, I believe, in the history of Michigan banking. I am sorry that the directors had to go down in their pockets, but I can think of no other way by which the evil could be overcome.

Your action and that of Boynton and Stevens, in my behalf, has been much more than thorough and wise - it shows friendship and regard of the highest order. I cannot suggest even an