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1 John Muir Esq. Martinez California Dunbar. 29th April 1894 Dear Sir re D. Gebryes Trust I have to apologise
for delay in writing you with the proceeds of sale of the 1260 Glasgow South Western Railway Debenture Stock. When I wrote
you on 4th January the stock was low and I thought it better not to sell until the halfyearly dividend was paid in February,
as there was a chance that it would recover. This has not turned out as I expected and the Trustees have had to sell at 152
1/2, 151 1/2 and 151 3/4. Since the date of the last sale the price has advanced very little. I have had great difficulty
in getting a settlement with Mr. Combe, and as he insisted on the price of the stock being paid to him personally, it has
been a matter of great anxiety with Mr. Buchanan and myself as to the final settlement. He is very old and very deaf and it
is with great difficulty that a conversation can be had with him. At the last meeting I had with him he insisted that he was
entitled to be remunerated for his services, and stated that he intended to keep the last halfyear's dividend. I wrote him
very plainly on the subject and did not mince matters with reference to his conduct all through and I quoted from your letter
to shew that he had kept back the dividend from the very first, and that his entry in the Minute Book shewed that 01808