Correspondence, Thomas Toland to Levi Syphus

u x mxxxmmxxmxzmxmxmxxmxz x m m xnm x Thos* Ob Tolead 010 Washington &14g<»# Los insist* Calif* March G* 1926* Bon# Levi Cyphus St* Shames* Nevada* Uy deer Sirs 1 here your letter of the 3rd Inst* inclosing clipping froa the Lee Angeles 8xwsinsr setting forth Uulholland's plies for reck construction of den* Alee* your letter of even date advising of the oomsunioation which you have been having with certain depansee with reference to deal on "Salvation" salt* £ an favorable to negotiations for the deal* However* 1 think you are r£$ni in not wishing the Company to imperil its holdings by going into the aining and sales business directs but that it would be better to give an option S»d bond on an interest in this property to an operating Cotap cny for the purposej together with a lease on all of its property* the general terns and prices which you suggest appear to be reasonable* end to malm a proper basis for ns* gotiatloas* I trust you will be able to make the appointment for a meeting between the 16th and 20th of this month or at some other e«rly date* £ have not seen Mrs* George sinoe the date of your letter but £ have ever reason to believe that she will go along with you also on such proposed ns* gotiations* You nay* if desired, use toy offices* 909*10 Washington Bldg* for conference purposes for such meeting* I sus improving * and getting down to the office on occasions new* Hope you are well and tin t Mrs* Gantry has measurably improved* Very truly yours* fnfiMAC