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John Keith Letters page 175
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endorsers if we use our savings to pay dividends. You know we have nearly $100,000 of reserve which makes our debt so much less than when we started the mill. I think we ought to get in a position where our Savings Bank loans would not embarass us if any of our wealthy endorsers should be taken away. -- After that we can pay a dividend. It is however for the directors and not for me to say when we pay a dividend. Remember me kindly to Mrs P. and believe me. -- Yours truly -- John Keith --