Scripto | Transcribe Page
Log in to Scripto | Recent changes | View item | View file
Letter from National City Bank to Henry Clay Frick, 31 October 1911
http://transcribe.frick.org/files/Knoedler_M/3107300004335_021_POST.jpg
« previous page | next page » |
You don't have permission to transcribe this page.
Current Page Transcription [history]
LETTERHEAD The National City Bank of New York.
CAPITAL $25,000.000. SURPLUS & UNDIVIDED PROFITS $25,000.000. CABLE ADDRESS "CITIBANK"
New York,
/LETTERHEAD
NOTE
File as letter from M. Knoedler & Co dated Oct 31st, 1911
Letter M. K. & Co.
dated Oct 27/1911
attached
/NOTE
October 31st, 1911. H. C. Frick, Esq., Trinity Building, New York.
Dear Sir,
We beg to hand you herewith your letter addressed to this bank under date February 28th, 1908, depositing with us $200,000 Pennsylvania Railroad Company 3 1/2% Convertible Bonds, to be held as security for a credit of $125,000 to be extended to Messrs. Knoedler & Company. For these bonds there were substituted later $200,000 Southern Pacific Company 4% Convertible Bonds due 1929, and the time limit of your letter of February 28th was extended from time to time, finally expiring today. NOTE Note + pictures exchanged /NOTE NOTE 10/31/11 /NOTE
As the note of Messrs. Knoedler & Company for $125,000 that we have been carrying has been paid to-day, we return you the bonds herewith. Kindly acknowledge receipt, and oblige, NOTE Mr. F. paid this for M. K. & Co. taking a new note for $125,000 /NOTE
Yours very truly,
SIGNED A KAVANAGH?? Cashier.
AK/F
NOTE Ackgd by HCF on printed form - Retd to Mr K by FMcE 10/31/11 /NOTE
NOTE Bonds placed in ?? S D B X
16611 /NOTE
NOTE Paid - 2/24/1913 See Journal #7 Folio #9 _________ Journal #6 Folio #387