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August 30, 1933. Dr. Herbert N. McCoy, %Lindsey Light Co., 161 East Grand Ave. Chicago, Illinois. Dear Dr. McCoy: I was certainly glad to receive your letter of August 20th and learn that both you and Mrs. McCoy are well and apparently no worse off than many others on account of the deplorable business conditions for the past two or three years. The class "A" stock of the United States Radium Corporation has no value at present, since under liquidation of the Company's assets, nothing would be left after the "Preferred" was taken care of. This naturally means that there is no market for the common stock. We have had Mrs. Leman's interest in mind for some time and would gladly in any way possible help her to unload this stock, but we cannot see how such can be done at the present time. Of course we are always hopeful that something favorable will develop, giving the common stock some value. While you are east, if you happen to come to New York, don't fail to give us a call, as I should be delighted to see both you and Mrs. McCoy. Sincerely yours, CBLee:DK President

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Type
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Page context
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    "ocrText": "August 30, 1933.\nDr. Herbert N. McCoy,\n%Lindsey Light Co.,\n161 East Grand Ave.\nChicago, Illinois.\nDear Dr. McCoy:\nI was certainly glad to receive your letter of\nAugust 20th and learn that both you and Mrs. McCoy are\nwell and apparently no worse off than many others on account\nof the deplorable business conditions for the past two or\nthree years.\nThe class \"A\" stock of the United States Radium\nCorporation has no value at present, since under liquidation\nof the Company's assets, nothing would be left after the\n\"Preferred\" was taken care of. This naturally means that\nthere is no market for the common stock.\nWe have had Mrs. Leman's interest in mind for\nsome time and would gladly in any way possible help her\nto unload this stock, but we cannot see how such can be\ndone at the present time. Of course we are always hopeful\nthat something favorable will develop, giving the common\nstock some value.\nWhile you are east, if you happen to come to\nNew York, don't fail to give us a call, as I should be\ndelighted to see both you and Mrs. McCoy.\nSincerely yours,\nCBLee:DK\nPresident"
}