Document 8RM77v3R0LydzdqZDro0G4k8o

PLAINTIFF'S EXHIB1 At the prtMrt tin it htTi tlx ytllilN m tht of th* tbw* inpiar* fton of thass arc for droop Ufa uj tha othar tkna ua far Oroup Aaoldast aad Hsalth. Tha all pollalas an soafciaad far dividend pur poses* la rasostlp asked far aa iaaraaaa la rata aa taa of tbs onq Ufa soverafts aad inforaod you at that tiaa that if tha ala grvwpa vara roiasuad aa a Paekage Paliop, tha Ufa rata far tha Paakage voald ha *f" pita |20Qa Taa hara aatad aa to study thla aaaa vlth a visa ta alloviag a lavar rota far tha Paakaca hooaosa of tha savings la oqpaass* Xf thaaa groups had originally haaa laauod aa a Postage, our expanses voald have haaa ahout 14,600 lass aad asr laaa to data voald hava haaa ahaot $13,000* All of this laaa la aa tha Ufa footrests, aad as would have a auah greeter laaa if tha pallalso vora aot soahtsod far dlrldoad purposes* Oa tha throa Lift aorarogoa aa hava paid alalaa tatalllag 15*,800 ud hava aaraod pronians sf t4||60Q, Thai issuing tha Paekage Pallay it u aot oar latoatloa that aaa oevarogo should aaotlaoa to pap tha loaoaa oa tha other eeveragss poor aftor poor* Tha thoe>7 aaa that tha af tha eovarages voald oovor thaaao flaataatioa la aajr gives poor* haa It la shoos definitely, os la this aaaa, that m tppa af eevorage la a substandard risk, it is Moooaarp ta laaroata tha rata* Za visa af thla 2 do aot thiak oa aaa (iota oap nda lavar thaa tha "T* plos $1,00, Za fast, it la doubtful If this rota sill ha adaquota aad It will probably ha aaoaasarp ta laaraaaa tha rota st aaaa futva raauoal data. zSosoVaenrber 15, 1931 4