A. Piomd -2 Oct. 88, 1925. 11' you accept all 01' the above propositions it would mean tint in place of $78, 050. of I anoe you would curry $118, 800 and instead of paying 870.56 per emum you would pey $807.07 per ennum or an increase of $56. 78 per yeer. With reference to the above Insurance I would eugeet that the Ineuranoe he carried under Schedule Form 80 that each Company insuring will carry me proportion of the risk on eeeh individual item. Then, of course. it ie to be understood that each policy will curry e. warranty that the total cum of $115,800. of Insurance ie minteine d. Yours truly. g Q; w Seoretary. HEB/II