BROWNING INVENTIONS UES.A STANDARD EQUIPMENT HEAVY MACHINE GUS LIGHT MACHINE GUNS MACHINE AUTOMATIC. ARMS RIFLE PAT. OFF. =: AUTOMATIC AIRCRAFT AND ANTI-AIRCRAFT ARTILLERY. FOUNDERS BROWNING MARRINER A. MATT es ST. LOUIS, MO. July 2, 1942. Gordon Baxter, c/o Scholefield, Wells & Baxter, First Security Bank Bldge, Ogden, Utah. Dear Gordons Enclosed please find the summary of inventory built up from the physical of February 27th plus purchases, minus sales, to July lst. Enclosed also find actual physical inventory taken on July lst. You will note that there is a total over= age of three guns which means of the seven guns recovered three were pawned before February 27th and four after. I believe this is absolutely correct since the pawn shop records indicate four before February 27th and four after that date. You will note that we have shown one gun in 16 gauge as sold which is the one which was not recovered and which was paid fore This seems to prove pretty well that we are not going to show up short on our next year end inventory. Just as soon as I am able to get the balance on the inventory accounts I will extend the inventory taken July lst and see how it balances in moneys I should have this about the middle of the month. With best regards, Sincerely, ) PLEASE ADDRESS ALL CORRESPONDENCE BROWNING, S. BROWNING, VICE-PRES. VICE-PRES. ST. LOUIS BRANCH SCE PIE oe See : Mre 1805 JOHN M. BROWNING 1855 MATTHEW S. BROWNING 1859 EXECUTIVE OFFICERS VAL A. BROWNING, PRESIDENT COMPANY R EG.U.S. PISTOL JONATHAN TO THE COMPANY, ST. LOUIS,MO.