8 Bowdoin Avenue 



Boston, Mass. August 21st, 1913. 



Dr. George G. Kennedy, 



My Dear George, 



Since seeing you I have had a 



talk with Ned Cogswell and he seems inclined to take some of the 



Olympia Light and Power Co's "bonds. He said he would give me an 



answer in a few days. T think if you would take some it would induce 



him to do likewise. As one of the larger stockholders you have a 



substantial interest in the Olympia Company and is it not worth 



while to help it a little especially when your example may lead 



other stockholders to do the same? "For years X have given the 



company an amount of care and attention for which I cannot expect 



to be adequately recompensed, and have built up a valuable and pros-e— 



perous enterprise. Am I not entitled to the support of the 

 2 



stockholders; I have no fault to find with you in that respect. B u t 

 for your own interest I ask you to strengthen the financial status IB 

 of the companyA>y purchasing say five bonds, a perfectly sound and 

 good investment, and not an outlay or expense. 



By paying off $15,000 or $20,000 of debt this year we 

 will immensely strengthen the standing of the company in the view 

 of sundry concerns which have been regarding it with covetous eyes 

 for several years, Stone & Webster, Byllesby & Co. Washington & 

 Or&^on Corporation et al . T deem this consideration even more 

 important than the financial. 



7rora the proceeds of the 12 bond^ we have on hand 

 I aim to pay the Amerivan ^rust Co. $10,000 and apply the balance 

 of $2000 on the debt to the Capital National Bank in Olympia. Also 

 to pay on the latter the net earnings for the rest of the year, all 



