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FORM GEN 800 IOM 7-48
FOR INTER-OFFICE CORRESPONDENCE ONLY HIRSCH & CO.
To~ From: - - Office: Office: File: Date: In reply to yours: Referring to ours of: Subject:
The company plans to offer subscription ri hts to 129,875 additional shares in the ratio of one :vew share for each 15 shares ._eld. The price is to be about the net asset 7,1c ' to holders of record July 20 or thereabouts. There i s no vnderwritin .