Extracted text

OCR Page 1 of 2
Jenuary 27th,1932. lir, B. A. Warkley, Collina & Corbin, 1 Exchange Pince, Hosre V. U. S. Radiun Corporation Jersey City, N.J. ir. Chas, Stockdell Gray Counsel, Globe Indeani ty Co., 20 Tashington Place, Newark, N.J. Gentlemen: answering Mr. Tarkley's letter of January 28th on the above subject. Te believe it sould be wise to settle this suit for a sua not exceeding $5000.00 11 possible, as undoubtedly the cost of trial will approxiante that figuro. Tie presune thot under our present agreements with the insurance companies that the United States Radium Corporation would be obliged to advance the acount of aettlement, but fool that the Globe Indeanity Company should give their authorization, since in case we won the suit now pending against the insurance conpanies, on the question of coverage, we would expect to be reimbursed for the full amount advanced by us. Very truly yours, Prepident. C3Lee:RH SAPP³ T828*