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Untitled Page 31
We sent F. S. Douty some Bonds for purpose of exchange as you may agree with P.I. Co. the clause you mentioned does not give any new rights it rather limits rights the company now has. It does not commit anyone to building of new Roads if it were omitted it would cause comment to the effect that the Company had abandoned some of its rights under Mexican Concession this would weaken Company with the Mexican Government and the Public and might also injure Market for Bonds.
Copy of telegram from Genl Hubbard to Mrs. Stanford Feb 2, 97.
Untitled Page 32
We sent F. S. Douty some Bonds for purpose of exchange as you may agree with P.I. Co. The clause you mentioned does not give any rights, it rather limits rights the Company now has. It does not commmit anyone to building of new Roads. If it were omitted it would cause comment to the effect that the Company had abandoned some of its rights under Mexican Concission. This would weaken Company with the Mexican Government and the Public and might also injure market for Bonds.
Copy telegram from Genl. Hubbard to Mrs. L. Stanford Feby 2.1897.
Untitled Page 33
New York Feby 5. 1897
Think almost any exchange you agree on in San Francisco with P.I. Co. will be accepted here by associates. All associates will have to make exchange on same basis, all being interested in P.I. Co. are on both sides of agreement with it think therefore it would be better to take Bonds yielding same income as those surrendered. No building in Mexico as (is) contemplated at present. Wrote you Feby 3rd on this subject.
Thos. H. Hubbard
To Mrs. Leland Stanford.
Untitled Page 34
Think almost any Exchange you agree on in San Francisco with P.I. Co. will be accepted here by associates. All associates will have to make exchange on same basis all being interested in P.I. Co. are on both sides of agreement with it think therefore it would be better to take Bonds yielding same income as those surrendered no building in Mexico (is) as contemplated at present. Wrote you Feby 3rd on this subject.
Thos. H. Hubbard
Telegram to Mrs. Leland Stanford Feby 5 / 1897
Untitled Page 35
W.130.CH.NB.HK.63.DH New York. Feb 5, 1897. Mrs. Leland Stanford, San Fran.
Think almost any channel norwich on in starchy with selig will be arner here by Amos all Amos mystify channel on same basis all being detaste in selg are on both inscribe of adjutant with it think therefore disbanding better lentil Athens norton same dented as those kaffir no awfully in sprightful as (is) contemplated anagraph wrote you feby 3d on this subject.
Thos. H. Hubbard.
