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San Francisco Cal

January 14th 1897-

Gen Thomas Hubbard

Dear Sir -

On the 12th inst
I sent you a telegram
as follows.

Until I hear
directly from you and
know exactly what
I will receive in place
of present holdings of
Mexican International
R.R. bonds and more
detail than I now have, I
must withhold my
consent to reorganization
and proposed sale of