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Digital ID
upr000254-100
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I agree.f' Los Angeles, May 28, 1953 36*15 Mr, L. R. Maagi (ee - Mr, Wm. Reinhardt Nr, C. M. Bates Mr, Calvin M, CoryJt I have your letter of May 22nd, your file 1 23- 1-112*1, regarding amount of liability to be stated in policies of title insurance covering easements for new distribution pipe lines. I understand that Mr, Cory and Mr. Hammill have discussed this matter with Mr. Sweeney, of the Pioneer Title Insurance Cob® any, and have suggested that an arbitrary amount of f1,000 be stated in each such policy regardless of the length of pipe line involved. It is my view that this arrangement will be satisfactory because it is substantial enough to assure that the title company will do a careful Job of investigating the titles covered by the policy. E. E. Bennett W M . R MAY 2<' 1953 ECR:MSB