Eduard och Minna Allgurén

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CHAS. BALL. E., M.E.,
LONDON & PARIS
NEW ZEALAND
COLOMBIA, S.A.
Harbour, Canal and River
Dredging Machinery.
speciality of
Sucton Dredgers and Long Distance
Deliveries
(The Original Patentee.)
Special Machinery
for
dredging gravels and sands
containing
gold, platinum, diamonds,
strem tin, etc.,
and separating the minerals therefrom.

Nine Mines of Novitá Ltd.,
Colombia, S.A.
Capital - - - £100,000.

The Ball Patent
New Moveable and Unfloodable
River Mining Dam
and
Submarin Excavator
Raising and Washing One Ton of Gravels
at a cost of 6d.

St. Leonards-on-sea,
England Dec. 11th 97
38 Craven Street, London

Mrs. M. Allgurén Wexiö, Sweden

Dear Madam.

Your letter of 6th Dec duly received 2 or 3 days ago in my absence. I hasten to reply on my return as I am afraid that you have misunderstood my last letter.

My good old friend your husband was entitled to 500 shares by the agreement under which he went for the Nine Mines of Novitá Ltd, in consideration of his taking a smaller salary than usual as our company was & is still very poor as we cannot apparently get the small capital we require to make a start.

The shares therefore are at present valueless & will continue so until we make a successful start. We have I trust some solid reasons to believe that we may do so soon - in which case in 3 or 4 months the shares might become valuable. I cannot send you the money for his shares even at a low valuation (they have been sold now & then at about 5/ for a £1 share - or about £125 for your 500. But then you have to find a buyer which ...

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