BROWNING INVENTIONS STANDARD EQUIPMENT FOUNDED U-S-ARMY HEAVY MACHINE GUN LIGHT MACHINE GUN PANY COM ARMS REG.U.S. MACHINE RIFLE GOV. AUTO-PISTOL JOHN OFF. PAT. 1870 as M.BROWNING oe ae Be Si, Mr. ST. LOUIS, MO. of June 12th Gordon Baxter, Scholefield, Wells and Baxter, First Security Bank Bldg., Ogden, Utah Dear Gordons just Your letter receivede Me count Browning St. of the via Louis from transferred be Company by the Je I understand this owing the Browning Arms Company is $87,544.75. The exact amount and Me S. Browning amount will letter my to 14th referring Jume of the First ac= of the Bank National of transfere Reserve Federal in Company Arms the credit Ogden to Heretofore Browning Arms Company has always sent its check to Ogden with the monthly current accountse I understand from your letter that the amount of $27 ,892e47 owing by the Browning Arms Company to its principal will be credited to the de Me and _ Me S, Browning Company account, First National Bank, St. Louis, by check, so that no remittance will accompany the May current account statement to Ogden. Unless advised otherwise I shall assume we are to handle all such subsequent monthly payments in this Waye end Me If the above Browning S. amount of $27,892.47 Ste Company, is thus paid account, bank Louis to the then Je Me the additional $10,000.00 (via Federal Reserve transfer) for June requirements of the Je M. bly be suffidient will probaand Me Se Browning at Company I further understand from your Browning Company at St. Louise letter ,that,for the remaining months of this year and thereafter the the of Ke’ ra Guirements Je and Me S. M. Ste Louis will be handled that account heree through transfers not correct in If the above please is advisee Sincey¥ely yours, Vice Mr. President \ M. A. Browning PLEASE ADDRESS ALL CORRESPONDENCE TO THE Ogden particular, ve JER :MS CC: any from COMPANY, ST. LOUIS,MO. direct will you to 4-tr co yw | =" —