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[Letterhead]

Horace Davis
President.

James Hogg,
Treasurer.

D. B. Moody,
Secretary.

Sperry Flour Company.
Daily Capacity 8000 Barrels.

Cable Address "SPERRY."
A.B.C. Codes 4th & 5th Edition,
Liebers Standard Code.

Horace Davis,
James Hogg,
H. Sherwood Executive Committee

133 Spear Street,
San Francisco,

[Letter Text Begins]

August 17, 1904

Mrs. Jane L. Stanford,
Palo Alto,

Dear Madam,

It has occurred to me that my absence from the State might
interfere with the execution of the Trust for finishing the building.
In view of that I present to you my resignation from that Trust so
that you can accept it if you desire and put some one on in my
place.

And this reminds me again that the University Trust is in
a very lame condition and that when I am gone it is going to be
difficult to obtain a quorum. Looking at it in this light, I will
tender you my resignation as a Trustee of the University Trust to be
accepted if you so desire and if greater formality is necessary I
will send it to you in more formal manner.

One more word before I close. I have thought over the
names of many persons who might fill the bill for another Trustee
but no name occurs to me as available as that of Frank J. Symmes,
he is an old citizen, a man holding a degree from the Scientific
School of Harvard University, President of the Central Trust Company,
a banking corporation of this city, President of the Merchants
Association which has done so much good to this municipality; he is a
religious man, having served for many years among the trustees of