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Matter Exchange for Bonds
still under consideration [crossed out at top of page]
If I consent to Exchange of Bonds
the new Bonds must be here in
S.F. and delivered to me
before I surrender the old ones.
but under no circumstances will I
consent to clause giving new or
ganization right to build new roads
in Mexico and absolutely decline
use of my name in that connection.
It is in direct violation of
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