Letter from Belle Hummel to R. I. Mehan remitting information regarding taxes, valuations and notes for four corporations.

Letter from H. E. Tips to R. I. Mehan listing the valuations for the corporations to be used for tax return preparation. Barstow Farm Company and La Junta Farms will likely have heavy losses due to inclement weather conditions.

Letter from Harris Leon Kempner to I. H. and Henrietta Leonora Kempner discussing travel plans to Sweden, business updates, and the family's trip to pick up Sandy Kempner from camp. The letter also discusses Clark Thompson's election and George Scott's business inquiries.

Letter from Ray I. Mehan to Jesse H. Oppenheimer discussing in detail about the comments provided for several deeds covering the various properties of Texas Cotton Industries, Barstow Farm Company, and Grandfalls Farms.

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 A. H. Blackshear, Jr. to Sara K. Weston informing about enclosing balance sheet and discussing about reduce in indebtedness of Texas Cotton Industries.

Letter from A. H. Blackshear Jr. to Hattie Oppenheimer discussing about the balance sheet prepared by Phillips, Sheffield, Hopson & Lewis for her files and the previous amount due by Texas Cotton Industries. Also, mentions how appreciative of Dan to help in these TCI transactions and sends his kindest regards.

Letter from Arthur M. Alpert to Dan Oppenheimer discussing about all the lands and properties available in West Texas.

Letter from Harris Leon Kempner to Dan Oppenheimer informing about completing a lease of some land at Ward and Reeves County to Mr. Frederick Armstrong.

Letter from J. A. Phillips, Sheffield & Co. to I. H. Kempner discussing his conversation with Colonel Doswell Gullatt, who said he would be interested in the job Kempner has in mind at Pecos.

Letter from J. C. Wilson to Daniel W. Kempner informing him that he should soon be receiving a box of cantaloupes.