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December 15, 1959.
Hello Marcia:
Regarding the red Mercury, I have decided to give it to Ike. You and Jim can do as you please with it but an educational fund will have to be started from the proceeds or a reasonable value of the car.
I have asked Kevin to deliver the car to your house next Friday at his earliest convenience.
I trust you understand my position in this matter and hope you are in accord with the educational fund idea. A good dividend paying common stock offers an ideal inflation hedge plus appreciation and increased dividends over the years. This can be decided upon when the ultimate disposition or your plans regarding the car have been completed.
Mother tells me she mentioned this matter to you but probably did not go into detail as to my intention.
We enjoyed your visit with us and we trust you found everything in order when you returned home.
Your loving father,
NPK:NR
Mrs. James H. Standley, 2854 Louis Road, Palo Alto, California
Via Air Mail.
