a that conclusion the to come 8/11/27. eZ vileon: Wr. that on made be should settlement basis. As you know, the margin of profit in this gun will Our royalty to the not etand payment by us of a double royaity. Ye think that a fair adjustment Brownings is approximately 91.50. and ourselves would be for s Browning the between ef this burden eer in Thie gun. to pay reyalty Pederaen the until be incumbent upon us 1956, whereas the reduction further October, will be effective only until 1952, when the Therefore, Brownings’ and royalties cease. royalty expires in the Browning Browning patent not Qalling on the or to underwrite the Ye are payment [t will provision. royalty minimum the guaranteeing and years of that asount. any of the cash gaymentto Pedersen Brownings to asewae winiman two next the Within ¢ask Se 75 £20,000.00 advancing of to by us them paid be to burden the us leave would royalty the reduce to Brownings the sontrdbution to the mtter will only be approximately haif the royalties which accrue te them from February 1, 1027 to Jume 15, 19Se~ proposed minimum royalty arrangement with Pedersen, In view of the it 20 will The Brownings vatent, until June 15, 1962s¢ Se | of *%.78 =ode1l17 the Srowning of course, be to our interest not to ghenge the gun go as to aveld the Pedersen patent and. alsc will, gauge believe gun per ie be therefore. eclienta your that a subetentiel of will agree royalty their royalty a that reasonabletn entirely ig and one assured view of their agreement to scocept ¢.50 per gun on the same model to make a further reduction We are not asking them in 12 eauge. be Yequired to pay therefore royalty on the 12 gauge and we wili our own pocket as of cut Pedersen sli of the 12 gauge royelty to a6 goon start we making When of course, the patent tribute on ancther. our of my and this understanding the rights. to thie matter thie matter whether we accepted ile gauge. in gum this gun frem thet they the ia Now we find that it Ye are sure that your to is acceptabie Yor their information, letter of July 29th to the Brownings it was, to deliver to pay join us position in were also necessary clients and will help us carry this extra your immediate attention and wire proposal will Browning { am malling Mesers,Uebeker, Very Ae # Wanager 7-% in burden. Aindly give us as soon as possibl e interests. a copy of thisandletter Yal BSrowning truly yours, Ms Ae BROWNIE» AAD/d in Ae DICKE, Legal Seetion.