Transcription:
supposing you bought six sections at 350 per acre you did not illegible them as soon as you expected illegible we had to pay
a bill of 12000.00 of 15,000.00 or would be in a illegibl e fix. So to avoid the above damages we thought two or three Sections
would be enough that John I only illegible all the money for the first pay -ment the first years taxes the first years interest,
i.e., the cost of buying holding it twelve months, after that you pay one third with us, that would give you almost two years
to sell it get 1/3 of the profit without costing you anything except expense of finding it buying illegible , but after that
pay share alike, that will illegible