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Under the State law, as you probably know, the depositors' losses had to be made up, to the extent of twice the amount of the stockholdings, by the stockholders in the bank. When they came to count noses they found that Geddis and Withers hadn't done a thing but to quietly unload their bank stock here and there and everywhere, until they held only enough to give them their votes.
Stockholdings in West's, and Jamison's and Bell's names would look like smaller holdings held for other than the main entrepreneurs. But these stock-holders were not only the legal owners of record they were the true owners. Kursten, Kasten, Hopkins and Fallowe wanted no actual part of Spaceways. They considered the enterprise merely a psychiatric treatment for a neurotic son-in-law.
I'm afraid he'll make a formal proffer of freight and a demand for cars. I wish you could come here, but of course you can't so long as you wish your stockholdings in that mine down there and your relations with us to be kept secret. Please telegraph any instructions you may wish.
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