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San Francisco May 18th 1867

Mark Hopkins Esq

Have just had a talk with
Cadue in which he says Skinker put in
a bid for cobbling two blocks on [M St.?]
1/2 cent lower than his Cadue's big
and has job this work, now
he proposes to Cadue to do the
work and take 2/3 of the profits
and he Skinker have the other
1/3. I think we ought not
to help Skinker but fix it
so far as we can in favor
of Cadue.

Yours truly
Leland Stanford