The following text was automatically extracted from the image on this page using optical character recognition software:
Dece e= r 2"), 1" -r. Harris K. eston Dinsmore, Shohl, Barrett, Coates & Deupree 12th Floor Central Trust Tower Cincinnati Ohio 452x2 i)-ar J rris Sitave yours of te 17th and are enclosing here- Sith Treusurer's checks for matching gifts as requested. I haven't bothered you too much about the bugar Land lend deal because the situation changes rather rapidly. e have a very ingenious solution for one problem and are thinking of organizing a partnership with just two or three general partners, the rest of us limited partners. 'e would offer to all the present stockholders of Imperial Sugar Company the right to take an interest in this new partnership to the extent of $1.00 per share of Ougarland Industries stock. This would give the partnership a capital of about $200,000.00. We would buy the entire 1100 acres from the Industries at $3,000.00 an acre on notes secured by vendor's lien and then the partnership would deal with the developers, selling them the land in segments of 150 acres each, depending on the development of the preceding segment. There was sumrosed to have been a m-eting with the developers today, but they had to cancel it because of some unexpected happenings in their properties in Atlanta. So until we can get to talk these matters over with the;, we don't know really where we are. I hope your father is feeling better and all here loin in best wishes for a Merry Christmas and a Happy New Year. Sincerely, 31 encl