Jan 15, [1931?] From:        To:        
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Fort Pitt Hotel
Epply Hotels Co.


Jan 15

Dear Paul

     I havent written for it didnt seem necessary.  I see that stocks are selling off some.  If you think best of course sell.  You will be getting some money now and if you feel like it use as fast as you get to buy some that Noyes is now holding[.]  Perhaps Paramount and Standard of N.J. take the certificates in your name.  If you prefer keeping the cash or paying it somewhere else do that.  I go back to N.Y. tonight[.]  Will write you again[.]  Will be at Murray Hill preferred living[.]