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Sa n Pedro, L os A ngeles & Sa l t L ake R ailroad Co m pany t . ' e . G I B B O N , • OFFICE OF GENERAL ATTORNEY G e n e r a l C o u n s e l . C. O . W H I T T E M O R E , G e n e r a l At t o r n e y . Salt Lake City, Utah, March 10th, 1905. • •• Land & water rights at Black Rock, Walter James••• T, E. Gibbon, Esq. , General Counsel, Los Angeles, Cal. Lear sir:- Under the arrangement made with Walter James for the exchange of lands at Black Rock, we are to convey to him certain lands described in the agreement enclosed in my letter of March 9th to you. notwith­standing the fact that this land does not seem to have passed to us by the Short Line»s deed of June 18th, 1903, Mr. James will insist that we furnish him with a release of that portion of the property from the mortgage executed by our Company to secure its bonds. I find that we have not a copy of the mortgage in this office and hence cannot give you the date of the mortgage nor the name of the trustee. Will you therefore take this matter up and secure such release. This much James has demanded and I think we should comply with the demand. So far he has made no mention of a release from the mortgages previously executed by the Short Line Company of its property. However, it may occur to him later and I think at the same time it would be well to take steps to secure a release of that portion of the property from those mortgages. I have discussed this matter with Mr. Williams who thinks that no objection will be made to this by the parties interested. If you agree with me will you also take steps to procure that release. By reference to our abstract I find that the San Pedro*s mortgage was to The Equitable Trust Company of Hew York, Trustee, and was executed ? I