Ten chances to one the appraisal wouldn't cover more than fifty per cent.

of what the S.B.

& L.has expended, and thus our company would be many millions of dollars out of pocket.
Besides, if the courts could be depended upon to appraise this uncompleted road at twenty per cent.

more than has been expended upon it, our company would still lose, for what the S.B.

& L.
really expects to do is to bag the big profits that can be made out of the section of the state that this road taps.