BLACKWELL FAMILY ALICE STONE BLACKWELL SUBJECT FILE FINANCIAL PAPERS, CORRESPONDENCENo 3285 GEN. ANTHONY WAYNE THE OLD NATIONAL BANK Since 1835 FORT WAYNE, IND. July 21, 1931 C. W. DANNENFELSER CASHIER To our Stockholders: Under date of July 2nd we sent you a notice of the special meeting of the stockholders of this bank to be held on August 6th, 1931, at 10 o'clock A. M., Central Daylight Saving Time, called for the purpose of voting upon the following questions: A.To increase the capital stock of this bank from Five Hundred Thousand Dollars ($500,000.00) consisting of twenty-five thousand (25,000) shares of the par value of Twenty Dollars ($20.00) each, to One Million Seven Hundred and Fifty Thousand Dollars ($1,750,000.00), consisting of eighty-seven thousand five hundred (87,500) shares of the par value of Twenty Dollars ($20.00) each; B.To change the name of the bank to Old - First National Bank and Trust Company; C.To increase the number of the Board of Directors to a maximum of thirty (30); D.To elect Directors to complete the Board of Directors; E.To ratify the action of the Board of Directors of this bank in executing a certain contract with First and Tri State National Bank and Trust Company of Fort Wayne, bearing date of June 24, 1931; and for the transaction of such other business as may properly come before the meeting. We have not as yet received your proxy which was enclosed, and as it is highly desirable that the various matters mentioned be acted upon on that date, we urge upon you the advisability of placing the proxy in our hands as early as possible. In the event that you have mislaid the proxy, we are enclosing a duplicate which we ask you to sign, having your signature duly witnessed, as indicated. Please observe that no officer, director or employee of this bank can act as proxy, and we therefore suggest that you do not fill in any names in the blank spaces provided for the designation of your attorneys in fact. If you are in favor of the questions to be voted upon, it will facilitate matters if you will permit us to make the selection of proxies for you. Please cooperate with us to the extent of giving this important matter your immediate attention. Yours very truly, C. W. DANNENFELSER, CASHIER. CWD:EJAOld Nat Blk of Ft WaynePROXY KNOW ALL MEN BY THESE PRESENTS, that I, the undersigned, a stockholder of the Old National Bank of Fort Wayne, do hereby constitute and appoint .................................................................................................................., ..................................................... and ......................................................, and each of them, my true and. lawful proxies and attorneys in fact, with full power of substitution, for me and in my name, to vote upon all of the stock of said bank now or hereafter standing in my name, at the special meeting of the stockholders of said bank to be held at its banking rooms in the city of Fort Wayne, Indiana, on the 6th day of August, 1931, at 10 o'clock, A. M. and at any adjournment thereof, on the questions of: A. Increasing the capital stock of the bank from Five Hundred Thousand Dollars ($500,000.00) consisting of twenty-five thousand (25,000) shares of the par value of Twenty Dollars ($20.00) each, to One Million Seven Hundred and Fifty Thousand Dollars ($1,750,000.00), consisting of eighty-seven thousand five hundred (87,500) shares of the par value of Twenty Dollars ($20.00) each; B. Changing the name of the bank to Old- First National Bank and Trust Company; C. Increasing the number of the Board of Directors to a maximum of thirty (30); D. Electing Directors to complete the Board of Directors; E. Ratifying the action of the Board of Directors in executing a contract bearing date of June 24, 1931, with First and Tri State National Bank and Trust Company of Fort Wayne; an for the transaction of such other business as may properly come before the meeting; with all the powers the undersigned would possess if personally present at said meeting any any adjournment thereof, hereby ratifying and confirming all that said proxies and attorneys in fact and each of them may lawfully do or cause to be done by virtue hereof, and hereby revoking all previous proxies. IN WITNESS WHEREOF, I Have hereunto set my hand this ..... day of ......................., 1931. .......................................................... Witness to signature: .......................................................... MALCOM B. DAVIS INVESTMENT SECURITIES 161 DEVONSHIRE STREET BOSTON TELEPHONE LIBERTY 5470 September 4, 1936 Miss Alice Stone Blackwell 29 Wendell Street Cambridge, Mass. Dear Miss Blackwell: Following our telephone conversation this morning I visited the office of the Massachusetts Income Tax Department and satisfied them fully concerning the question they had raised about your return for the calendar year 1935. I. was pleased to do so without at all giving them the detailed information as to cost and date of purchase of the annuities, which the first investigator demanded of me and which I declined to give him on the ground that he was not entitled to it. [He. is wrong. They have to be listed] I was gratified to find that the department sustained my contention fully and agreeably, avoiding what threatened to be the first instance of unsatisfactory relations that I have had with that office in many years. MBD:Z Yours very truly, Malcolm B. DavisMB Davis 161 Devonshire St., Boston, Mass. February 24, 1937 Miss Alice Stone Blackwell 29 Wendell Street Cambridge, Mass. Dear Miss Blackwell: Enclosed, complete except for your signature, is Massachusetts income tax return. You must sign and date it at the bottom of the first page, and in the space above you should write my name and address. The total tax is $25.18, and a check for this amount should be drawn to the Commonwealth of Massachusetts and mailed with the completed return to the Income Tax Director, 40 Court Street, Boston, on or before March 1st. The Federal return we shall mail to you in ample time before the filing date, March 15th. Very Truly Yours, Malcolm B. Davis MBD:Z Enc. P.S. For the purpose of Federal Income tax [return], this year we shall need to know from what savings banks you received a total of $205.14, and the separate amounts paid by each. This is a new requirement. Also, the Federal forms this year demand to know the names of the several payors of mortgage interest, and their amounts, respectively. Malcolm B. DavisMalcolm B. Davis About State [?] Tax TELEPHONE TALBOT 4400 WM. J. HENRY & SON Real Estate Insurance February 27, 1930 Miss Alice Stone Blackwell 3 Monadnock Street Dorchester, Mass. Dear Miss Blackwell, For the purpose of your income tax you might say that the total amount of interest received by you for the year was $1035.88 and rents totaled $250.00. This gives a total income from the two items of $1285.88. The assessments we got form the City Hall this morning are as follows: 26 Sewall Street $3700.00 Land Bowman Street 400.00 6 Blackwell Street 3800.00 4 Blackwell Street 3300.00 321 Neponset Avenue 4000.00 Land Sewall Street 1200.00 12 Blackwell Street 3500.00 We have not been able to get the City of Quincy Assessments yet, as that will require another trip to the Quincy City Hall. For tax purposes, and we assume that is the reason for the assessment request, we would say that you are exempt from this income since the assessments in every case exceed the mortgages held by you, I believe. Very truly yours, William J. Henry304-16 Mass Ave Caimb $123000 building loud $26000 1st mortgage $125000 25000 11 Reed Ct Newton Centre Abt $16000 16500 $11000.MALCOLM B. DAVIS INVESTMENT SECURITIES 161 DEVONSHIRE STREET BOSTON TELEPHONE LIBERTY 5470 March 10, 1936 Miss Alice Stone Blackwell 3 Monadnock Street Dorchester, Mass. Dear Miss Blackwell: Enclosed is your Federal income tax return and the green copy which must be filed with it on or before March 15th. They are complete except for your signature before a Notary, in the space at the bottom of the first page. When executed, the return may be mailed to the Collector of Internal Revenue, Boston, Mass. You are not subject to a tax this year according to this return. At some time within two years the Department will probably mail to you an inquiry concerning the deduction for the bad debt. If and when you receive such an inquiry will you please mail it to me so that I may attend to it for you. It will not be necessary, I think, to disclose the name of the make of the note or any of the circumstances connected with it. Yours very truly, Malcolm B. Davis MBD:Z Encs. 161 Devonshire Street Boston, Mass. May 27, 1937 Miss Alice Stone Blackwell 29 Wendell Street Cambridge, Mass. Dear Miss Blackwell: In regard to the Thayer second mortgage Mr. Blood has informed me that the principal now stands at $200. Presumably he will make another payment to Mr. Blood this year for $50. The Hagan mortgage, Mr. Blood says, is not a second but a first. The original mortgage was for $2500., and in 1935 he paid $1700. on account of principal which now stands at $800.; so this mortgage is unquestionably good for its face value. I have written Miss Perry about her annual payments but have not yet heard from her. The tenant, Young, occupying the first floor apartment at 26 Sewall Street, to whom I gave notice, as you know, and it would seem that nothing short of ejectment proceedings will avail to get him out. Naturally I do not wish to take that courage without your approval. An ejectment is accomplished by a constable, and while an attorney may not be necessary perhaps you would prefer to have it handled by Mr. Blood. Apparently Young will not budge until forced. I have made several futile calls there, but the door is not answered though the family is at home. Meanwhile the demand for small apartments in that neighborhood exceeds the supply, and the real estate agent there assures me that it can be promptly rented if it is found to be in fair condition. I shall probably telephone you tomorrow to learn your wishes in regard to this matter. Very truly yours, Malcolm B. Davis MBD:Z161 Devonshire St., Boston, Mass. June 19, 1937 Miss Alice Stone Blackwell 29 Wendell Street Cambridge, Mass. Dear Miss Blackwell: The enclosed check of J. Freeman Saville, dated June 18th and drawn to your order on the Shawmut Bank in the sum of $25. is rent on behalf of Mrs. Charles A. Young of first floor apartment at 26 Sewall Street for the month of June. I shall not burden you with the whole story in this case, but briefly: Mrs. Young with her father, Mr. Saville, came to my office yesterday and informed me that her husband had disappeared a few days ago, leaving behind him only a note and many troubles for herself and children. She had believed that her husband had paid the rent regularly each month - convinced, she said, by receipts (forged) which he had shown her - until, following his disappearance, she opened a letter which I had written him. I made with Mr. Saville, on behalf of Mrs. Young, the following agreement: He to pay at once the rent for the month of June (the check enclosed) and to remit regularly hereafter on the first day of each month in advance; I, so long as his covenant is kept, to re- frain from ousting her for non-payment of rent of the previous months. There was a further understanding that in the event of her husband's return she would see to the payment, when and as she could, of the rent now in arrears, which Mr. Saville could not assume. To Mr. Blood I explained the arrangement as the reason for deferring the ouster proceedings we had planned, and he approved it. I trust this may mark the end of difficulties in rent collections at this address. Mrs. Young, who is herself employed, likes the apartment and wants to continue there. Mr. Saville's appearance is favorable; he operates news and cigar stand concessions in the Hotels Touraine and Westminster, and he lives at 5 Sea Street, North Weymouth. For the six window screens which you authorized me early in the month to supply to the second floor (Brenn) apartment at this address I enclose a receipted statement showing the amount to be $2.34, for which sum you may reimburse me at your convenience. The interior of this apartment is now in very fair condi- tion except for a bathroom fitting, which I shall supply before long, and paper in the front hall which is in wretched condition but which can wait a while longer. The Brenns take pride in their apartment and have done not a little work in improving. Very truly yours, M B Dairs* MBD:Z Encs.COPY April 16, 1937 Mr. Charles A Young 26 Sewall Street Dorchester, Mass. Dear Sir: Your statement in note received yesterday that you could pay no rent for your apartment until May 1st is altogether unsatisfactory to me, and I do not assent to such postponement. On April 1st, when you failed to pay the March rent then due, I accepted at face value your hard and fast promise to pay the rent for March on April 15th and to make payments thereafter promptly when due, the first of each month. You have failed to keep that promise and I am therefore obliged to notify you that unless I receive the March rent on or before suitable measures will have to be taken to protect the interests of the owner. The present situation will not be allowed to continue. Yours very truly, (Sgd.) M. B. Davis MBD:Z 161 Devonshire St., Boston, Mass June 19, 1937 Miss Alice Stone Blackwell 29 Wendell Street Cambridge, Mass. Dear Miss Blackwell: Recently I look over the odd-shaped piece of your land at Bowman and Chickatawbut Streets and have sought to find a purchaser. I noticed that there is a well-worn driveway across it from one street to the other, and while it is not likely that any rights by prescription could be acquired there against you it may be well to guard against such a contingency. Will you be good enough to tell me how long you have owned this plot? Sincerely yours, M.B. Davis MBD:Z 161 Devonshire St., Boston March 3, 1937 Miss Alice Stone Blackwell 29 Wendell Street Cambridge, Mass. Dear Miss Blackwell: Attached hereto are two checks payable to yourself: One from Robbins & Burke, Inc., drawn on the Harvard Trust Co. for $100., being rent for the month of March for the 20 Green Street, Cambridge, property; The other from myself for $8., which was the amount of the Post Office money order which you endorsed to me this morning for collection. Yours very truly, M.B. Davis MBD:Z Encs.COPY 618 Adams Street, Dorchester, Mass., April 7, 1937 Mr. Malcolm B. Davis 161 Devonshire Street Boston, Mass. Dear Sir: In regards to the work at 26 Sewall Street, I will put new sills under the back piazza, put new angle irons under the girders of the back piazza, and build new back piazza steps. I will repair the leaks of the main roof and the back piazza roof, and cover the roof of the front piazza with asphalt roof coating. Said work for the sum of $75.00 Yours very truly, (Sgd.) W. A. Beach 161 Devonshire Street Boston, Mass. June 2, 1937 Miss Alice Stone Blackwell 29 Wendell Street Cambridge, Mass. Dear Miss Blackwell: Enclosed is the check of Robbins & Burke, Inc. to your order in the amount of $100., being rent for the month of June of the 20 Green Street property. Also enclosed is my check, payable to you for the sum of $23., which amount I received last evening in cash from John Brenn as rent of the second floor apartment at 26 Sewall St. for the month of May. Concerning Young, the tenant of the first floor at 26 Sewall St., who has as yet paid no rent, it is not improbable that the expense and trouble of ejectment proceedings may be avoided. He has assured me today that on the 18th of this month he will be in receipt of $100., out of which he will square accounts to that date, and that thereafter he will be able to pay regularly on time, since he now has, as he says, a job. This would be a fortunate outcome especially as, if he were ejected, further time would be lost, and the apartment might have to be done over to some extent for a new tenant. I granted him this extension, but at the same time gave him a new notice to quit within fourteen days from today, taking his receipt therefor, verbally stating that I would take no action upon it prior to that date but that I would enforce it, if he defaulted, immediately hereafter. The tenant Brenn has lately done considerable work, and done it well, in completely refinishing his kitchen, and he plans other improvements on his own account. The apartment lacks some necessaries, but his rent is low and I would be inclined to grant them piecemeal. There are but three screens there at present, and the apartment is stifling in hot weather. If you approve I would favor sending him six adjustable screens at a cost of less than 50 (cent) each, which would be entirely satisfactory to him. I here return Mr. Blood's letter to you concerning the Thayer mortgage. I have taken a copy of it. Very truly yours, M.B. Davis MBD:Z Encs.Malcolm B Davis 161 Devonshire St. Boston, Mass. April 29, 1937 Miss Alice Stone Blackwell 29 Wendell Street Cambridge, Mass. Dear Miss Blackwell: In your letter of April 28th you state that Mr. Blood had sent you $31.73 received from Miss Perry's tenant as a year's interest on the mortgage at 4 Blackwell Street, and you add "I am assuming that you received a similar amount in the spring of 1936, although, apparently, it did not go through my books." You will recall that the money order which was originally sent to you by Miss Perry's tenant in march 1936 was mislaid by you, and you brought the matter to my attention when I was at your house in February of this year to obtain data for your income tax returns. I promptly took it up with Miss Brown (Miss Perry's tenant) and procured a duplicate order from the Money Order Department in the Boston Post Office, and this duplicate I chased for you on March 25th, sending you my check for the amount, $31.73. You have mentioned paying me something now for recent services and have asked me to give you some idea for how much it should be. Please do not pay me anything now, and don't give it any further thought at present. I acknowledge, with thanks, the receipt of your check for $75.00, drawn to the order of W. A. Beach, the carpenter who made repairs at 26 Sewall Street. I have not yet received his bill, which he will probably send on the first of May, and I will pay it promptly as soon as I am satisfied that the roofs which he repaired have not leaked in the recent heavy rains. Very truly yours, Malcolm B Davis. MBD:ZCOPY June 10, 1937 Miss Bertha A Perry Belchertown, Mass. Dear Miss Perry: On May 25th I wrote you concerning the $50. annual payments which you were to make in reduction of the principal of your mortgage given to Miss Alice Stone Blackwell on the Blackwell Street property. You have not responded to my inquiry and I am now in receipt of notice from the City of Quincy to the effect that that city holds a tax title on your property for the years 1934, 1935 and 1936. The date of redemption expires on this tax title on August 27th next. I am surprised and disturbed to learn of this condition and ask that you kindly advise me what you propose to do in regard to it. Yours very truly, MBD:Z 161 Devonshire St. Boston, Mass. July 19, 1937 Miss Alice Stone Blackwell 29 Wendell Street Cambridge, Mass. Dear Miss Blackwell: To the Brenn apartment at 26 Sewall Street I today ordered sent a bathroom fitting which you some time ago authorized me to buy. The cost was $1.98. In view of the Brenn's pride in their apratment and the labor and expense they have themselves gone to in improving it, I think this small expenditure is well warranted. Very truly yours, MBD:Z M. B. Davis Malcolm B. Davis Investment Securities 161 Devonshire Street Boston Telephone Liberty 5470 March 20, 1937 Miss Alice Stone Blackwell 29 Wendell Street Cambridge, Mass. Dear Miss Blackwell: Enclosed are two copies each of your Federal and Massachusetts returns and the correction slips for the latter, which you requested in your letter of February 25th. Regarding the rents from the Sewall Street property, I shall of course be glad to attend to those. Mr. Sterling said that, at my request, he had notified the tenants of the change of ownership, and I, too, did so in writing. In the course of a few days, after I have again visited the property, I shall write you definitely concerning the arrangements made. Very truly yours, MBD:Z Encs. M. B. Davis161 Devonshire Street Boston, Mass. June 11, 1937 Miss Alice Stone Blackwell 29 Wendell Street Cambridge, Mass. Dear Miss Blackwell: I am somewhat disturbed to learn from the communication which you enclosed to me the other day from the City of Quincy that tax title to the Perry property, upon which you hold a second mortgage, is held by that city for taxes for the years 1934, 1935 and 1936, the total amount being $251.27. The title may be redeemed by Miss Perry at any time up to August 27th next. Upon receipt of the notice I communicated with the Minot Cooperative Bank which holds the first mortgage and was informed by them that Miss Perry's monthly payment to them have been made in full to date and that they were themselves surprised to receive such a notice from the City of Quincy. To Miss Perry, who has not yet responded to my letter of May 25th concerning the $50. annual payments, I addressed another note, copy of which is enclosed. The matter of payments of interest, principal and taxes concerning all your mortgage loans should be carefully watched. Until this notice care I had assumed that Mr. Blood was aware of the condition of the Perry mortgage as he undoubtedly is in the case of Hagan, and naturally I did not wish, without your approval, to concern myself about matters that anyone else was handling, but since he has apparently not had this matter in hand I will gladly take it up and I will also check the tax and bank payments in the case of Thayer. Wynne, from whom you hold a first mortgage, when he was last in my office told me that he had paid his taxes up to date, but I will check his statement also. We must avoid, if possible, the taking over of any more property as a means of protecting your mortgage investments. In the Sterling case it will work out to your benefit, I feel sure, but you must not be overburdened with real estate. I trust that Miss Perry can be induced to find means of meeting the Quincy tax, and I will report to you any progress made in this direction. Very truly yours, M B Davis MBD:Z Enc. P. S. To the Brenn apartment at 26 Sewall St., I sent six window screens, as you authorized me to do, and in another communication I will send you a memorandum of their cost. 161 Devonshire Street Boston, Mass. June 16, 1937 Miss Alice Stone Blackwell 29 Wendell street Cambridge, Mass. Dear Miss Blackwell: Miss Perry has written me as follow: "Dear Mr. Davis: Yours of June 10th received. I shall very soon be able to send Miss Blackwell fifty dollars ($50.) As for the tax title, it is a surprise to me and I shall have advice at once, and will do the very best I can about it. Yours very truly (Sgd.) Bertha A Perry." and I enclose copy of my letter to her in response. Please do not think that I am losing sight of your wish, by foregoing the receipt of the $50. payment, to help Miss Perry, if necessary, to redeem this property; but I am in no doubt that the Minot Bank, holder of the first mortgage upon which she had made monthly payment for more than two years past and whose account is up to date, will willingly arrange with her, in case she is not otherwise able to meet the obligation, to add to the principal of the first mortgage the major part of the sum due for taxes, if not the full amount of $251.27. In any event, I shall know the result of her efforts and will let you know if it appears to me that the help of her $50. payment to you is needed for this redemption. Very truly yours, M B Davis MBD:Z161 Devonshire Street Boston, Mass. June 14, 1937 Miss Alice Stone Blackwell 29 Wendell Street Cambridge, Mass. Dear Miss Blackwell: Thank you for your note received this morning. It was my intention, in case Miss Bertha Perry wrote me that she count no pay both the Quincy taxes and the $50. back installments, to ask your approval of allowing her to postpone the installments, but I thought it would be best not to offer her that relief until she stated her position and we knew that she was in need of it. She has not yet responded to my first letter of May 25th. The total of the three years' Quincy taxes is $251.27, not $107. as you stated. I am enclosing to you a copy of the Quincy notice. If you wish, I will write her at once that the back $50. payments may wait for a while, but I would prefer, if you have no objection, to await some answer from her. Yours very truly, M B Davis MSD:Z Enc.Copy 161 Devonshire Street Boston, Mass. June 16, 1937 Miss Bertha A. Perry Belchertown, Mass. Dear Miss Perry: Thank you for your letter dated June 14th in answer to my two previous communications. I am glad that you will very soon be able to send Miss Blackwell a $50.00 payment on account of the principal of her mortgage. In regard to the tax title, I trust you will be able to arrange for the redemption of the property before the expiration date, August 27th. In case you are unable to take care of the matter in any other way I feel sure that the cooperative bank which holds the first mortgage would cooperate with you and perhaps be of material help. In view of Miss Blackwell's interest in the property I shall be glad if you will inform me of your success in meeting this situation. Yours very truly, MB Davis MBD:Z161 Devonshire St., Boston, Mass. June 22,1937 Miss Alice Stone Blackwell 29 Wendell Street Cambridge, Mass. Dear Miss Blackwell: Thank you for your check for $2.34 received this morning in reimbursement to me for window screens purchased on June 4th for the second floor apartment at 26 Sewall Street. In regard to the vacant plot of land abutting on Sewall and Popes Hill Streets and containing 38,000 feet, I received today an inquiry from a Dorchester agent who has a client, a builder, who is desirous of purchasing a lot measuring about 50 by 75 feet on the corner of the two streets. I have not quoted him a price, explaining to him that while I might shortly do so I would much prefer to sell the plot as a whole. This builder, it is explained, wishes to build on the site a bungalow similar in type to an attractive one now located on the opposite side of Sewall Street. It frequently happens that when one new house of pleasing character is built upon one lot of an area, the sale of the remaining lots readily follows. In this instance, however, because of the odd shape of the plot, careful consideration should be given to its subdivision if the lots are to be sold separately. As to the value of such separate lots, or of the one now inquired about, I am hardly prepared to offer an opinion without further investigation. Concerning the same land I had also an inquiry today from a Boston agent who will look the property over tomorrow with his customer, who is also a builder and who would, if interested, buy the whole plot. To this agent I quoted no price, but promised to discuss figures with him if his customer were definitely interested after he had seen it. I report these facts to you in order that you may tell me your preferences as to method of sale and advise me concerning your ideas of satisfactory prices. The assessed value of the plot is, and has been for some years, $2500.00.- a low figure, as is usually the case with vacant land that has never been improved. My own notion at present is that an asking price of $3500.00 would not be too high for the total area. It is of course to the agent's interest to obtain as high a price as possible for the land, and I will let you know the result of my discussion with him. In the meantime I should be glad to have your views. Sincerely yours, M B Davis MBD:ZM.B. Davis 161 Devonshire Street Boston, Mass. July 9, 1937 Miss Alice Stone Blackwell 29 Wendell Street Cambridge, Mass. Dear Miss Blackwell: Thank you sincerely for your check to me, received today, for $100.00 as compensation for services rendered. I feel that, as before, your payment is very generous and that it leaves a surplus to be accounted for in future services. I assure you that it is more than satisfactory to me and that it is deeply appreciated. I am most desirous of converting some of your real estate into cash, or obtaining from them rent commensurate with their values. Conditions in real estate generally are difficult but not quite hopeless. A developer has just examined the large West Roxbury tract, and I am awaiting report from him. The Cambridge property at the moment is even more important, and I hope that results there will not be long delayed. If a lease can be negotiated at a proper figure and with a responsibility tenant, sale of the property will be greatly facilitated. Sincerely yours, M.B. Davis MBD: ZMalcolm B. Davis 161 Devonshire Street Boston, Mass. April 26, 1937 Miss Alice Stone Blackwell 29 Wendell Street Cambridge, Mass. Dear Miss Blackwell: Last week I met the prospective purchaser of the 26 Sewall Street property at the office of the Neponset Realty Co. but they offered only $3000. and I declined it. That figure would just about repay you for every expenditure of any kind which you have made or are obligated to make on account of the property, and would allow in full for the face value of your former $500. second mortgage and the arrears thereon, but I do not think it advisable or necessary to accept quite as low a figure. This morning the agent telephoned me and I told him that if his client would make a firm offer of $3300. I would be willing to submit it to you. The first-floor tenant is, I fear, a bad egg. He was in arrears with Sterling for about $200. I believe. He did not pay your rent on April 1st and his promise to pay it on the 15th was not kept. On that day I found a note from him, put through my office door before opening time, saying that he could not pay until May 1st. I went to his house nevertheless but did not find him at home, where-upon I wrote him (copy enclosed) giving him until the 26th (today), and he has since promised without fail to pay it. If he fails to do so I should like to give him notice to vacate. It is the best thing to do I believe. Aside from the repairs to the building which I authorized Mr. Beach to do for $75. (copy of his proposal enclosed) I have incurred no expense, except to order a plumber, who was recommended to me, to stop the wastage of water in the first-floor apartment. This I think is a simple matter and the charge should be small. It is not my wish to burden you with any details; on the other hand, I should welcome any suggestions or inquiries on your part concerning any of the matters I have handled. I have a complete record of everything. If the first floor becomes vacant the Realty Co. assures me that they could quickly find a new tenant. Probably a thorough cleaning and freshening, and some paint and paper, would be needed in that case, but my idea would be to do no more than was necessary at the outset. I know by whom the present tenant is employed, and if he fails to pay today and you approve my serving him notice to vacate, I shall still try to collect the amount he owes. I was pleased that your nurse was able to report that you are recovering satisfactorily. Sincerely yours, M.B. Davis MBD:Z Encs.161 Devonshire St. Boston, Mass. August 10, 1936 Miss Alice Stone Blackwell 3 Monadnock Street Dorchester, Mass. Dear Miss Blackwell: This morning I received from you the two fire insurance policies for $4500. each in the Camden and Homeland companies, on the Margaret G. Beck property at 20 Green Street, Cambridge. Both these policies expired at noon today, and before noon I covered the property with the same amount of insurance, divided among three companies, each for $3000., as follows: Pol. No. 359010 - Old Colony Insurance Co. " " 131358 - The Continental Insurance Co. " " 131980 - National Liberty Insurance Co. Since title to the property has not as yet been transferred to you, the policies were taken in the name of Margaret G. Beck, but each one provided that loss, if any, would be payable to you. These policies I have today delivered to Mr. Blood's office for the reason that when Mrs. Beck appears there to sign the deed they will undoubtedly ask her to assign her interest in these policies to you. The policies were obtained through the office of Kaler, Carney & Liffler & Co., and the statement which accompanied them showed the cost of $56.40 each, total $169.20, as against the total cost of the previous policies of $171.90. This statement I enclose to you for payment at your convenience. Yours very truly, M.B. Davis MBD:Z Enc.M.B. Davis 161 Devonshire St., Boston 10, Mass. September 25, 1945 Dear Miss Blackwell: Enclosed is Mr. Boyd's check to your order for $37.50 in payment of interest due September 20th on the mortgage you hold on his Chilmark property. Though dated September 20th it was received only this morning. All your tax bills, both on Boston and Cambridge property, have now been received. The total for Cambridge is $628.25, and for Boston $395.25. These bills may be paid without penalty of interest on or before November 1. The payment need not be made before then, and I will remind you about it some ten days before the end of October, if you wish. Very truly yours, M.B. Davis MBD:Z Enc.161 Devonshire St., Boston 10, Mass. May 19, 1944 Dear Miss Blackwell: This morning I have received from you Mr. Helm's check for $3900., payable to yourself and endorsed by you to my order. I was surprised that the check was not certified as is the custom in making payment for the purchase of real estate. Being uncertified and on a New York Bank, a few days will be required for its clearance. I have deposited it and the funds should be available on Monday next to comply with your request in the note which accompanied the check, namely, to purchase for you $3500. in U.S. WAR SAVINGS BONDS Series G, and to return to you a check for the balance of $400. I shall of course report to you promptly when the business is completed, giving you, as usual, the number of the bonds registered in your name. Very truly yours, M.B. Davis MBD:Z161 Devonshire St., Boston 10, Mass. April 29, 1944 Dear Miss Blackwell: Enclosed is my statement for services rendered during the month of April. I have included a charge for the preparation of your estimated income tax return and that of Mrs. Smith, which latter I understand you wish me to bill to you. These estimated returns, made at the first quarter of the taxable year, were relatively simple, not only because the law has been somewhat simplified, but the calculations involved were far less than for previous estimated returns. From Mr. Blood I today received the deed of sunset View to Mr. Boyd, and I have forwarded it to Judge Arthur W. Davis at Edgartown, together with the tracing of the survey which I received from you yesterday. Very truly yours, M.B. Davis MBD:Z Enc. 161 Devonshire St., Boston 10, Mass. September 9, 1947 Dear Miss Blackwell: I acknowledge receipt from you this morning of your copy of Registration of Lease which has been approved by the O. P. A. You will shortly receive from the Marden Co. a copy of the lease, which you may send to me to be kept with the registration. The Marden Co. will also send you a bill for all rent due and you need pay them nothing until you receive it. The total amount of the bill should be $159.25, computed as follows: $9.75, the difference between the old and the new rate for the month of July and $74.75 each for the months of August and September. I am grateful indeed for your generous remittance to me for extra services performed, which was received and deposited during my vacation. The payment was unexpected and is greatly appreciated, if deserved. Thank you sincerely. I hope to arrange for the listing of books at the Morgan Memorial as soon as some pressing matters which accumulated during my vacation are disposed of. Very truly yours, M.B. Davis161 Devonshire St., Boston, Mass. July 9, 1937 Miss Alice Stone Blackwell 29 Wendell Street Cambridge, Mass. Dear Miss Blackwell: Enclosed is the check of J. Freeman Seville drawn on the Shawmut Bank and payable to your order in the sum of $25., being payment of rent of the first floor apartment, 26 Sewall Street, for the month of July. This was the sum that Mr. Saville promised to send a week ago. He required a little prodding. He is responsible, I think, but in these times he no doubt feels the additional burden he has taken upon himself. The check, being dated July 12th, should not be deposited before Monday next. Also enclosed is my check for $1. which sum was received in cash from Mrs. Brenn as balance of her rent for the month of June. Very truly yours, M.B. Davis MBD:Z Encs.Malcolm B. Davis CARTER & BLOOD ALBERT P CARTER CHARLES W BLOOD Telephone Lafayette 5300 Barristers Hall 25 Pemberton Square Boston March 31, 1945 Miss Alice Stone Blackwell To Carter & Blood, Dr. To professional services in connection with lease to A.F. Holden Company of property 55 Franklin Street, Cambridge, including drawing Lease, bringing Ejectment Suit in Third District Court of Eastern Middlesex, preparing for trial and defaulting of case in that Court, Motion in Superior Court for advancing case for speedy trial, arranging for default, numerous conferences with Mr. Towmey, Mr. Davis, and Mr. Harrington $100.00 Disbursements To cash - Ejectment Suit $2.25 " " - Entry Fee $1.00 103.25 Credit - Costs paid by McGary Transportation Co. $3.40 $99.85 Received payment, 4/5/45 Thank You Carter & Blood B;C161 Devonshire Street Boston, Mass. July 19, 1937 Miss Alice Stone Blackwell 29 Wendell Street Cambridge, Mass. Dear Miss Blackwell: Concerning the advertising of the Rockport house, for which you mailed me your check for $50.00 on the 14th instant, I ordered the insertions, in accordance with your instructions in letter of the 15th and in subsequent telephone conversation, taking advantage of combination rates as follows: Boston Herald, Sun., Tues. and Thurs. $7.98 Boston Post, Sun., Mon., and Tues. 8.40 Boston Globe, Sun., Mon. and Tues. 10.00 Boston Transcript, Sat. and Weds. 4.80 $31.18 If the house should be rented before the schedule is completed, the remaining insertions will, of course, be cancelled and some money returned. I hold receipts for amounts paid, aggregating $31.18, and will mail you my check for the unexpended balance when its amount shall have been determined. Very truly yours, M.B. Davis MBD:Z Jane Smith 161 Devonshire St., Boston 10, Mass. February 29, 1944 Dear Miss Blackwell: Enclosed is our statement for services rendered during the month of February. I remember that you asked me to put on your statement this month a charge for preparing Mrs. Smith's Massachusetts and Federal income tax returns, but I am reluctant to do so because your last payment to me for services rendered was very generous - larger than the amount I had billed. However, the plain truth is that both the Federal law and the Federal forms required for reporting income from various sources are this year far more complex than ever before, and the time and labor necessary to prepare the returns is proportionately increased. It seems to me that a fair compensation for preparing Mrs. Smith's returns would be $15.00, but it is embarrassing to charge so much for work which, except for the Federal complications, could have been performed with half the labor. Very truly yours, M.B. Davis MBD:Z Enc.161 Devonshire Street Boston, Mass. May 11, 1937 Miss Alice Stone Blackwell 29 Wendell Street Cambridge, Mass. Dear Miss. Blackwell: Enclosed is the bill from John J. McCormack, the plumber who stopped the wastage of water in the first floor apartment at 26 Sewall St. This will you may pay direct to him, or enclose a check and the bill to me, as you prefer. The water bill hereafter should be much smaller. Also enclosed is the receipted bill of W. A. Beach who made the repairs itemized in his letter of April 7th to me, copy of which I sent you. You paid this bill by your check to him. dated April 27th. I withheld payment a week or so until I had examined the work done and was assured that the roof was tight. Very truly yours, M.B. Davis MBD:Z Encs.Malcolm B. DavisUNION OF SOVIET SOCIALIST REPUBLICS. Coupon No 2 to the bond of the State Internal Loan "The 2nd Five Year Plan - Issue of the First Year". Class II. Bond No 07. Series No 000534 On April 1, 1934, the People's Commissariat for Finance will pay on presentation of this coupon, at the State Bank of the USSR, Foreign Department, Neglinnaya, 12, Moscow, or through its correspondents abroad Rbls, 1.75 at the exchange rate of the rouble on date of payment, in foreign currency (one rouble is equal to 0,774234 grams of pure gold), without the deduction of any taxes or assessments whatever levied by the State or local authorities of the USSR. Moscow, USSR October 1, 1933. The People's Commissary for Finance of the USSR [??] Chief of the Centr. Board of the State Lab, Sav. Banks and the State Credit [??] Shipping Letter The Chase National Bank of the City of New York Trust Department Corporate Trust Division We received the following securities with your letter of ___ and in exchange we deliver by registered mail insured: Issue: Union of Soviet Socialist Republics 7% Bonds of the State Internal Loan - The Second Five Year Plan-Issue of the First Year Class 11 Ref No. M 73701 Temporary Bonds Received Numbered 07-Series 000534 Permanent bond stamped Repurchasable not before 8/25/34. With coupons Due -- and subsequent attached Received 1 PCS @ $500 Definitive X 1 RS PCS @ $100 Numbered Same numbers & Series. Check for $1,42 for coupons due 1/1/34 Total Principal Amount $100 RS coupons due 4/1/34 and Sub. Attached Insurance Value $85 Very Truly Yours The Chase National Bank By [?] Mail to Miss Alice Stone Blackwell 3 Honadnock Street Upham's Corner Boston, Massachusetts Exchange Account Date Received 1/4/34 MGB CTR 29 2-32 Receipt from Depositor The Chase National Bank of the City of New York Trust Department 19181 Corporate Trust Division We received the following securities with your letter of ___ and in exchange we deliver by registered mail insured: Issue Union of Soviet Socialist Republics 7% Bonds of the State Internal Loan - The Second Five Year Plan-Issue of the First Year Class II Ref no M 73701 Temporary Bonds Received Numbered 07-Series 000534 Permanent bond stamped Repurchasable not before 8/25/34. With coupons due -- and subsequent attached Mail to Miss Alice Stone Blackwell 3 Honadnock Street Upham's Corner Boston, Massachusetts Exchange Account Date Received 1/4/34 MGB April 18 1934 CTR 29 2-32 Received 1 PCS BS PCS @ $500 X Definitive X 1 BS @ $100 Numbered Same numbers & Series. Check for $1.42 for coupons due 1/1/34. Total principal amount $100 RS Coupons due 4/1/34 and sub attached Insurance value $85 Please return this copy properly receipted in order to complete our files received from The Chase National Bank enclosures as stated above Date Miss Stone Blackwell This receipt must be signed personally by consignee or a duly authorized officer or agent. (Russian Text) No 2 No 07. No 000534 1934 12 1.75 0.771234 1933 SOVIET AMERICAN SECURITIES CORPORATION 30 BROAD STREET NEW YORK HAnover 2-5332 Cable Address: SOVBONDS NEW YORK IMPORTANT RE: INTEREST PAYMENT This is intended to remind you that the interest on Soviet Government 7% Gold Bonds is due on April 1st, 1934. It may be collected in one of the following ways. 1. Mail coupons No. 2, dated April 1st, 1934, direct to the Chase National Bank, Coupon Paying Department, 11 Broad St., New York City, by registered mail. Check in payment of the interest will be mailed to you. 2. Present coupons No. 2, dated April 1st, 1934, at the Chase National Bank in person. 3. Deposit coupons No. 2, dated April 1st, 1934, at your local bank for collection through Chase National Bank, New York City. interest will be paid according to the exchange rate prevailing on the date your coupons are received at the Chase National Bank. Very truly yours, SOVIET AMERICAN SECURITIES CORPORATION March 23, 1934. Very truly yours, SOVIET AMERICAN SECURITIES CORPORATIONThe Old National Bank Since 1835 Fort Wayne, Ind. Stephen Morris Cashier December 31st, 1930 TO THE STOCKHOLDERS OF THE OLD NATIONAL BANK OF FORT WAYNE: Your Board of Directors, at their regular annual meetings held December 31st, 1930, declared a semi-annual dividend of 8% on the capital stock of this Bank, being the usual 6% dividend, plus an extra dividend of 2% for the period ending December 31st, 1930, and we enclose a check for your dividend. The annual meeting of the stockholders of this bank will be held at the banking house in the city of Fort Wayne, Indiana, on Tuesday, January 13th, 1931, between the hours of 10:00 A, M. and 3:00 P. M., for the election of directors to serve for the ensuing year and until succeeded and for the transaction of such other business as may properly come before the meeting, including action upon a resolution to amend Article 5 of the Articles of Association, to read as follows: - "The Capital Stock of this Association shall be Five Hundred Thousand Dollars divided into shares of Twenty Dollars each; but the capital may, with the approval of the Comptroller of the Currency, be increased at any time by shareholders owning two-thirds of the stock, according to the provisions of Section 5142 U. S R. S., as amended February 25, 1927; and in case of the increase of the capital of the Association each shareholder shall have the privilege of subscribing for such number of shares of the proposed increase of the capital stock as he may be entitled to according to the number of shares owned by him before the stock is increased." The purpose of this amendment is to change the par value of the Capital Stock of the bank from $100 per share to $20 per share; otherwise the article remains unchanged. Your Board of Directors, after thorough consideration, has found it advisable to recommend the change in the par value of the stock in accordance with the foregoing amendment. In order to make the above amendment effective, a majority vote of the stockholders must be obtained. It is therefore earnestly requested that you personally attend the stockholders meeting and register your vote, if at all possible. If you are unable to attend, please use the enclosed proxy. Yours very truly, Stephen Morris Cashier. ENCLOSURE. [Fort Wayne Bk] October 27, 1946 Edna put in safe after reporting to Mrs. Catt. Mrs. Catt has questioned Miss Blackwell about her assets when Miss Blackwell sent a second request to Mrs. Catt and to the trustees of the emergency fund for [xxx] financial help. Mrs. Catt wrote to Miss Blackwell that she had no right to hold any property as long as she needed the proceeds of the capital investment for her current use. [add Vineyard property] [2 beach lots 2500 Alice Heel 4500 (office of 4000 cash) ?? Cohen's see income sheets Cliff 4500 Sunset 4000 fine eat in back of Cliff Ca??? on beach] 161 Devonshire St., Boston, 10, Mass. October 17, 1946 Dear Miss Blackwell: You have asked me to tell you the present value of your property holdings, exclusive of the Vineyard real estate. The following computation will give you the approximate value, exclusive not only of the Vineyard property but of your deposits in the First National Bank checking and savings accounts. I do not know the status of either of these items, but you can readily supply their totals since you have both the savings account book and the commercial account statements. Cash in Savings Accounts: About Home Savings Bank $1020. Franklin Savings Bank 1445. Suffolk Savings Bank 660. $3125. Securities: U.S. Savings Bonds of various issue dates: Series G at face value. 5500. Series E at present redemption value (estimated) 1325. Stocks: 3 Shs. Union Pacific preferred @ 107 321. 4 " Boston & Providence R.R. @ 35 140. 7286. Mortgage: (Hagan). 800. Real Estate at Assessed Valuation: Boston: Bowman Street 100. Pope's Hill Street 2500. Neponset Avenue 700 Stoney Brook 2500. Cambridge: Green and Franklin Streets 17500. 23300. $34511. First National Bank balance, commercial account " " " " savings account The assessed valuation fo the real estate holdings give, I believe, a conservation approximation of their market value. Of the Boston properties, the Neponset Avenue lot is an undesirable one and might not bring the full assessed value; on the other hand, when building supplies are available there should be good prospects of disposing of the two development sites - the Pope's Hill lot and the Stoney Brook area - at considerably more than their assessed valuations. The Cambridge garage property could readily be sold today, I believe, for more than $20,000. Miss A. S. Blackwell -2- October 17, 1946 In the case of the U. S. Savings Bonds, there is a schedule of redemption values depending upon the issue dates, your Series G bonds being redeemable today at about 96% of face value. For the Series E bonds I have given an estimated redemption value, for the reason that the discount from face value, as of today, is greater because when purchasing them you paid only 75% of such face value, that is, $75. for a $100. bond. Trusting the above figures are satisfactory for your purposes, Very truly yours M.B. Davis MBD:Z181 Devonshire St., Boston 10, Mass. August 1, 1946 Dear Miss Blackwell: William W. Mooney, occupant of the first floor at 26 Sewall Street is interested in purchasing that property. Having served in the U.S. Navy for some period during the late war, he would be able to obtain a substantial Government loan for the purchase, and he has intimated that he would pay $4000. for the property. From time to time since you acquired the property, there have been a number of negotiations for its purchase, all of which I have at the time reported to you. In 1937, $3000. was the best bid, through the Neponset Realty Co. At that time you were willing to sell at $3300. In 1939, Joseph Mooney and his mother were interested in buying it and the offering to them was $3500., but nothing came of it. In 1943, Joseph Mooney was again interested and wanted to buy at $3500, but values had risen in the meantime and I felt that $4000. would be a fair price. This he was not prepared to pay. Now his brother, William, is evidently willing to pay that sum. In case you feel that you would like to dispose of the property, I give here certain data comprising the pros and cons of doing so: In 1939, as holder of a second mortgage of $500. you acquired this property from the previous owner, Mr. Sterling, without other consideration to him than by assuming the first mortgage, arrears of taxes, insurance, etc. In that year, as required by the Federal Income Tax law, a statement was filed with your income tax return showing the "cost" of this property to you for all expenditures involved was $2730.95, and the fair value of the property acquired was $3000. You therefore in that year paid a "profits" tax on $269.05 resulting from the "exchange". In the even of a sale now, your cost price will therefore be $3000, reduced by such depreciation as you have been obliged, under the law, to take since your acquisition. The total of these sums of depreciation so taken is $749.68, which, deducted from the $3000., makes your present "cost" $2250.32, so that if the property should now be sold for $4000., it would show you a "profit" of $1749.68, on 50% of which the Federal tax for the current year, I estimate, would be about $150. The rents received from this property are, currently, too low, but of course they are frozen by the OPA and cannot be increased. In recent years the building has averaged about $120. a year, plus, in effect, the depreciation taken, which has averaged about $90. The mortgage at the Volunteer Cooperative Bank has been reduced to $256.40, and there would be further deductions from the sales price for legal fees in preparing the deed and effecting the transfer and for a commission on sale. The net proceeds to you, I estimate, would be about $3500. Miss A. S. B. - 2 - August 1/46 If the $3500. were invested in Government Series G Bonds, the yield to you would be $87.50 per annum, or in some other security, which I would consider thoroughly safe, about $140. a year. The sale, incidentally, would relieve you of the monthly mortgage payment now being made, and you would escape some fairly heavy expenditures, sooner or later to be necessary upon the building, as for example, painting, which has been sadly needed for years. I expect to deliver to you tomorrow the cash, for which you lately sent me check, and I write these facts about the property in order that in the meantime you may give them consideration, if you care to. Very truly yours, M B. Davis MBD:Z3 Monadnock Street Boston, Mass. October 19, 1933 Dear Mrs. Mitchell: A good while ago I notified you that it had become necessary for me to sell the house at No. 4 Blackwell St., and that as soon as a satisfactory purchaser was found, you would have to move. I suppose you have been making your plans [what do plans] where to go; and I know that you have in the bank an ample legacy on which you can draw to get you into an Old Ladies' Home. The house at 4 Blackwell St.is now about to be disposed of, and I will give you a week to move [get] out. It is unfortunate that, in spite of very positive [repeated] injunctions, you have not been willing either to let prospective purchasers in to look at [see] the house, or to let in anyone to do the cleaning that was ordered by the Board of Health [was ordered to be done] for the abatement of a nuisance. Mr. Henry will have charge of what is to be done. Yours sincerely, Alice Stone Blackwell[Bu????] CARTER & BLOOD ALBERT P. CARTER CHARLES W. BLOOD TELEPHONE LAFAYETTE 5300 BARRISTERS HALL 25 PEMBERTON SQUARE BOSTON September 6, 1946 Miss Alice Stone Blackwell 1010 Massachusetts Avenue Cambridge, Massachusetts Dear Miss Blackwell: I understand from Mr. Davis that you are selling 26 Sewall Street. I enclose a deed of the property to the purchaser and also a discharge of a second mortgage which you held on it. This discharge is requested by the attorney for the purchaser. If you will telephone me, I shall be glad to take your acknowledgement on both papers. I understand that the parties are ready to put the purchase through at any time that the papers are ready. Very truly yours, Charles W. Blood Enc. 2 B:B MALCOLM B. DAVIS INVESTMENT SECURITIES 161 DEVONSHIRE STREET BOSTON 10. TELEPHONE HUBBARD 2370 February 22, 1946 Miss Alice Stone Blackwell 1010 Mass. Avenue Cambridge, Mass. Dear Miss Blackwell: Enclosed are your Massachusetts and Federal income tax returns for income received in 1945 and your Declaration of Estimated Federal tax for 1946. MASSACHUSETTS The Mass. return requires only that you date and sign it at the bottom of the first page, and in the space above you may write my name and address as the person with whom you authorize the department to take up any questions concerning it. The total tax is $40., at least one-half of which must be paid when filing the return, and the remainder, if you wish, on October 1. The return, accompanied by check payable to "Commonwealth of Massachusetts" should be mailed to "Income Tax Director, 40 Court St., Boston, Mass." not later than March 1st. FEDERAL The Federal return must be signed and dated at the bottom of the first page. The total balance of tax due is $122.30, and a check for this amount, drawn to the order of "Collector of Internal Revenue", together with this return, should be mailed to "Collector of Internal Revenue, Boston, Mass." on or before March 15th. DECLARATION OF ESTIMATED TAX FOR 1946 This Declaration should be signed, dated and filed on or before March 15th. On our estimate of $200., one-fourth of this amount, or $50., must accompany the Declaration. For this sum, a separate check should be drawn to "Collector of Internal Revenue" and mailed, with the Federal return if you wish, to "Collector of Internal Revenue, Boston, Mass." The tax for 1945 was somewhat higher than our estimate, due to the fact that the expenses of the garage were lower than last year, resulting in a higher income than we expected from that source. Enclosed is a bill for our services in preparing the returns, and I trust you will find it satisfactory. Very truly yours, Malcolm B. Davis MBD:Z Enclosures181 Devonshire St., Boston 10, Mass. September 23, 1948 Dear Miss Blackwell: As I reported to you over the telephone this morning, the Franklin Savings Bank, disregarding my instructions, mailed back to me both the check to your order for $1000. and the pass book. The check I deposited to your account today, as shown by the duplicate deposit slip here enclosed. CARE is still shipping packages to foreign countries but they are not accepting orders for delivery in the Russian zone of Germany. They have, however, referred me to another organization, The Relief Parcel Service, Colis Suisse, 209 West 21st Street, New York 11, N.Y., and I am writing them today for information about their service. Also, CARE is sending me their latest schedules and I will forward them to you as soon as received. Very truly yours, Malcom B. Davis MBD:Z Enc. SOVIET SECURITIES CORPORATION 30 BROAD STREET NEW YORK HAnover 2-5330 Cable Address: SOVBONDS NEW YORK March 25, 1937. Miss Alice Stone Blackwell, 3 Monadnick St., Boston, Mass. Dear Madam: A number of bondholders have asked us whether we still have available for sale Soviet Government 7% Gold Bonds. To meet the demand of bondholders desiring to increase their holdings, we have procured in the open market a supply of these bonds which we are now offering. The offering price is 105% of par, which at today's rate of exchange, amounts to $91.18 per 100 rouble bond, plus accrued interest. At this price the yield to average maturity is over 5 1/2%. An order blank is enclosed for your convenience. Very truly yours, SOVIET SECURITIES CORPORATIONO R D E R B L A N K S O V I E T G O V E R N M E N T B O N D S SOVIET AMERICAN SECURITIES CORPORATION 30 Broad Street, New York City Date_____________ Gentlemen: Enclosed herewith, please find remittance in the amount of $_____________ on account of purchase of Soviet Government. 7% Gold Bonds (Second Five Year Plan Loan), plus accrued interest, at current price. Kindly send me a statement of my purchase, showing the number of bonds covered by this remittance, and refund any balance which may be due me. *(1.) Please mail me the bonds. **(2.) Please have the bonds mailed to the Bank for Foreign Trade of the U. S. S. R., Moscow, for safekeeping and service, and forward me the safekeeping receipt of the Bank for Foreign Trade. Name _____________________________ *Kindly check (1) if delivery of bonds is desired. (Print Name Plainly) **Kindly check (2) if delivery of safekeeping Address ___________________________ receipt is desired. F. 100 10-35 City ________________________________