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upr000031 82

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upr000031-082
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    W 1-1-2 Las yagas - low. 27, 1941. II A - Omaha: A-198: f-gtilap® s latter April 26th refers to terms, last paragraph, and fee advises In subsequent discussion with our officers he received Impression this could be arranged, la submitting proposal my letter Sovember 19tfe we were assured from legafe standpoint apoilcants would be obligated to complete purchase of balance of acreage, payment for which would be guaranteed by their promissory note, regardless of value of land being affected by westerly portion being developed first or for any other reason. However, in view your telegram, we presented proposition to Gshlan yesterday on strictly cash basis for entire 78.64 acres. He conferred with his associates and advises today in view of acute housing shortage In has Tegas they are willing proceed on this basis and will per acre, pay in cash/ for entire acreage on delivery of deed. They are anxious to commence construction imme­diately and with above understanding may we offer them a commitment on behalf of our company or shall X arrange for preparation and prompt submission of deed to you for execution, mil at-utaai1 ? 0-56 Walter R. Bracken 1220PM