Letters Sent to George W. Pesinger, March 11, 1930

March 11th,1930. lir. Geo. W. Pesinger, Now Amsterdam Casualty Co., 60John St., New York City. Dear Mr. Pesinger: In accordance with the understanding arrived at in lr. Smith's office in Jersey City yesterday afternoon, we have this morning sent check to Mr. Smith made to the order of Potter and Berry in the amount of $8000.00, which represents full settle- ment and satisfaction of the Canfield case against the United States Red. un Corporation. It is understood that the New Amsterdam Casualty Company, and the Globe Indemnity Company will each send us a check for 1/3 of the $8000.00 above mentioned. lie wish to go on record that we do not recognize the method of division proposed by you as an equitable one, and therefore, our contributing 1/3 towards the settlement of the above case is in no way to be interpretated as prejudicial to our right to denand contributions from the Insurance Companies involved based on coverage. Very truly yours, President.