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Thos. L. James
Valiant Investments, Inc. I have yours of the 12th dealing with the inquiry on the part of the above subject company. I have also read the statement of Dun & Brad- street dealing with Valiant Film Production, Inc., with more doubt than confidence resulting therefrom. I glanced at the prospectus of Valiant Investments, Inc., 2330 West Holcombe, Houston, but failed to find any names among their officers, directors and advisory board that are at all well known, though that may be my fault or ignorance. Your letter indicates that these parties would want highway frontage. Does this mean on either side of the Southern Pacific Railway track as indicated by your idea of considering offering them a tract fronting on Stiles Lane? Would the location be within the limits of the Sugar- land Independent School District? What might be thought of offering them 200 acres out of our tract at Aldine if our price was acceptable to them and their terms acceptable to us? Please do not regard these questions as indicative of any too favor- able an attitude towards negotiating with these people as their state- ment through Dun & Bradstreet is not impressive nor is their prospectus of the kind that would appeal to business people. I will write you separately with reference to my Sugar Land visit when we can discuss this more fully. I. H. Kempner