Letter from Harris Leon Kempner to Barklie McKee Henry appreciating the letter of the 13th. He mentions that he and Ruth would never miss a chance to meet them. And hopes that Margaret flies down to this part if the country to experience "whatever kind of living it is".

Letter from I. H. Kempner to Chauncey D. Leake discussing the "Princeton Plan" for faculty housing. He describes the plan as one where a group of investors acquires land and builds housing. A corporation is formed that issues bonds to finance the project. The property taxes are exempt, and any profits are used to pay off the bonds. Eventually, the property is transferred to the city. He asks Dr. Leake if he can find more details about the plan.