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Show Bankers Trust Company SAuT LAKE Crry, UTAH May 12th, Je Me. & M. Ogden, S. Browning 1926. Co., Utah. Gentlemen: We acknowledge receipt of your letter of May 5th in which of 33380.25 payable to E. B. you enclosed your check in the amomt Wicks Company for the purpose of retiring the existing mortgage on the property at 1320 South 5th East Street, which is owned by Mrs. Baliantynee Immediately upon receipt of your letter, Saturday morning, called at the office of Wicks & Company with your check to They stated that they would not care to accept mortgage. in payment of the loan and would prefer a cashier's check or the writer retire the your check legal of to to bring check they prefer us favor 23rd in the amount would there and ine as they figured, docwnentary release thereupon, the of 33390elle ve, explain to hastened writer writer whichwe days ceipt for a holder tendered evidence extra interest, same, stating that they execute record rather than have them should that amount- asked which was you sent. in the day with check of Bankers Trust and Wicks Company proceeded to prepare the their in issued loan was due April The writer lease on the margin of the records, charge for detail of your check and covered by the amount called later mount stated glad be would check our had They stated the therefore,fourteen to $10.11. we that in payment of the loan, should They stated that our check would Bankers Trust Company handle it this way. satisfactory,and be a the and tender, they had assigned re- provided in the The writer Company in the aa memorandum re- the mortgage loan to The writer explained that if we residing in New York City. of course, expect to receive the cancelled payment, we should, of indebtedness, the notes and mortgage in addition to the re- They lease of the same, also the abstract and insurance policies, stated,of course, they could not surrender these instruments, whereupon the writer informed them that on your behalf, he wished to tender payment as of last Saturday, May 7th, and so stop interest on this loan. Wicks representative, with whom I was talking, stated that they would not stop interest until they could procure and surrender the instrumnts, and would expect us to pay interest until such date, and I assured them that it was not our intention to do so, since we were making tender as Wicks stated they would refer the matter to their of that datee Mr. J. D. Hurd, Their attorney, attorney, who would commumicate with us, talked with the writer yesterday and stated that he considered the posi- tion assumed that we as untenable and only proper pursued the unreasonable, course in however, this That Wicks may know the position record on the matter, we have today written being enclosed herewith, the writer feels matters taken and so we may have a copy of our letter Wicks, |