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Digital ID
upr000300-002
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I agree.Subject: investment in Water Stocks. Los Angeles, June 23, 1924. Mr. Knickerbocker: Referring to your letter of June 7th in . regard to sale of Agua Mansa Water Company stock: I find from an investigation in the Auditor's office that we have never used expenditures made for the purchase of this stock as a basis for the issuance of bonds under our mortgage. The amount involved is small, and I think, under the circumstances, we may treat the stock as not under the mortgage, and make a sale thereof without securing the release from the Trustee. A. 8. Halsted. oc— Mr. C. C. Barry Mr. Chas. Adams ASH 8