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7

that the stock was worth $500 per share, after all the debts had been
paid. As to the correctness of this I am unable to say now, but
as soon as I can determine the question to my own satisfaction, I will
let you know.

Please bear in mind however, that this liquidation
of the P.I. Co's affairs will take a long time to perfect.

Yours very truly,

George Crocker

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