E. D. McNelly to Charles W. Chesnutt, 20 November 1922 E. D. McNelly Stephanie P. Browner Kenneth M. Price Transcription, encoding, and annotation Millhorn, Lauren Anderson, Antje Weakly, Laura K. McMullen, Kevin Center for Digital Research in the Humanities, University of Nebraska-Lincoln The New School 2025 The Charles W. Chesnutt Archive
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 E. D. McNelly to Charles W. Chesnutt, 20 November 1922 November 20, 1922 Transcription derived from scan of original. Western Reserve Historical Society Charles Waddell Chesnutt Papers MS 3370 1 2 Correspondence Kline, Morris W. typed letter signed McNelly, Edward D. Cleveland, Ohio Chesnutt, Charles W. (Waddell) Cleveland, Ohio Unknown Kevin McMullen proofed Laura K. Weakly review Antje Anderson annotated, made further corrections Lauren Millhorn transcribed, encoded
THE STATE MORTGAGE INVESTMENT COMPANY BANGOR BUILDING CLEVELAND, OHIO FINANCIERS OF HOMES
November 20, 1922.
Mr. Chas. Chesnutt, Attorney-at-law, 1106 Williamson Bldg., City.
Dear Sir:

Our Mr. Kline informed us of his conversation with you in regard to an investment in our Company.

There is one feature of this which we wish to call your particular attention. The opportunity of purchasing a share of common with every share of preferred in an established company is one that is very unusual.

The State Mortgage Investment Company has for its Executive Officers, men of wide experience in the mortgage business, which insures safety, as well as profit. The book value of the common stock at the present time is considerably in excess of the price to which it is offered, and there is no doubt but what this price will be raised in the near future.

We trust you will give this matter your careful consideration and we would be very glad indeed to have you make an investigation of our Company.

Trusting we may have the privilege of counting you one of our stockholders, we are

Yours very truly, THE STATE MORTGAGE INVESTMENT COMPANY E. D. McNelly Gen. Sales Mgr. EDMcN:cm