very seriously – and I have only to
say that you can do anything
with that property that you think
best – (Illegible) reserve, I shall
approve of any thing you do. I do
not consider that there is any
equity in the property for our company
above your lien on, and therefore
you can handle it as if it were
your own, which it practically is.
If you want to put it into a
stock co. for MacM & take stock
in pay for it you can do so. If
you want to extend his lease
& give him an option to purchase
at the amt. of your lien (or less if you
choose – or at any other
price) – you can do this. I think