A letter written to Rupert H. Johnson, New York City, New York, from T. N. Carswell, Sec.-Mgr. [Abilene Chamber of Commerce], dated June 22, 1938. Carswell restates to Johnson, as per their telephone conversation, that he is enclosing a condensed financial statement of Abilene and, also, a newspaper account of a meeting the night before. Carswell advises of the approximate bond valuations, the option of a utilities rate increase and his assurance that if Johnson decides not to try for the refunding proposition that he will be glad to pay for his counsel and advice.