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upr000189-281
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I agree.£• s» B m m t t *2# May 22, 1953 division and It will also be necessary to determine the aseunt of liability separately tor each Subdivision, the m o t of snob & policy would no doubt tec substantial in the ease of a large Subdivision. In view of tbs above, It may be advisable to set up, in the policies, a uniform nominal amount of liability regardless of the size of the Subdivision, since it 1® jay thought that the Company is not primarily interested In the amount of protection which would bo provided by the title Policies. Would appreciate your comments and advice before I reply to Mr. Sweeney** Inquiry. L. R. Ma&g LHM/dra