July
Third
1919

Mr. W. N. Reynolds,
Winston-Salem, N.C.

My dear Mr. Reynolds:

I certainly thank you for your very interesting letter of June 30th, and note with great satisfaction the policy that is being pursued by your company. Permit me to say that I think this policy does high credit to your company, and I greatly hope that there will be no labor trouble in Winston-Salem.

With kindest regards, I beg to remain

Yours very truly,

[unsigned]

B-T