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Collection: Directories and Documents > Historical Clippings
Historical Clippings Book (HC-12) (520 pages)
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Page: of 520
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1 Estate of
CCl GE ele tl OQrle Cow ge: eee WV ie
7 ° F af CD AE . i
\
#1230 South Oakland Avenue
Pasadena, California
September 8th, 1939.
Estate of Thomas F. Cole
SHELDON OPTIONS California 7 &
My dear Mr. Davis:
In reply to your letter of August 19th, Re:
Mr. Maltman, and the Properties in the Gold Flat area:
I divulged the contents of same, to the other executor of
the Estate of Thomas F. Cole, Mr. James W. Morin, Attorney,and, in view of Mr. Maltmen'ts views, we must, in our duties
as Executors, insist that a proposed deal be submitted by
7 him, end if we feel that if it can be approved by the
& Court, we will submit same for said approval. We can
not, as Executors, suggest a low price for the Properties,as Mr. Maltman suggests he feels they should be acquired
for. We appreciate Mr. Maltman's interest. We do
not know what he has in mind, or who his backers are,
or what they intend to do with the neighboring properties
and with the Gold Flat Group, if they are included.
Mr. T. F. Cole's Estate is now undergoing an
audit, and the properties of Gold Flat Area, and papers
relative thereto, are being scrutinized by the Auditor,
Mr. Talbot, who has not yet completed his work on then.
When this work has been completed, list can be furnished
to Mr. Maltman of the properties and their total purchase
prices. I am inclosing herewith, for your guidance,
copy of Mr. Foote's last Report on the Gola Flat Area,
which I ask that you preserve, because we have no other
copy here in our files.
[Cato prey Very truly yours,
To: Cen 2—/4 a
Mr. H. P. Davis, tap. e_ fe
Hotel National : ys
Nevada City, California. eneer ee
Le FLC/H
4.