Photograph of a man and a woman holding an award and posing for the camera. They both stand behind a cow at a stock show. There are two men to the right of the image. Everyone is dressed in formal attire. Text on the back of the photo reads "Herschede Ranch, Hereford Arizona." There are many windows visible in the back.

Letter from Harris L. Kempner to Stuart Godwin thanking him for the booklets on various ranches and requesting some for Texas.

Letter from Dan Oppenheimer to Harris Leon Kempner discussing about the memorandum that was sent which contains the recent telephonic conversation between Mr. Mehan and J. C. Wilson. Dan discusses about the carry-back tax loss that Mr. Mehan needs to take care at Pecos, and his suggestion in appointing caretakers for the Rancho Rio and Grandfalls farms, and also, on expenses incurred with land ownership and maintenance and the future prospects from it. Finally, concludes with his high opinion on Jesse and his travel plans to Tucson.

Letter from Harris Leon Kempner to Dan Oppenheimer discussing about a quote from a memorandum Ike made of conversation with J. C. Wilson.

Letter from I. H. Kempner to Dan Oppenheimer discussing about a letter from the El Paso National Bank in response to one from the United States National Bank inquiring about clientele interested in buying irrigated lands around the El Paso area.

Letter from H. S. Block to I. H. Kempner discussing cotton bale shipments.