Thorpe Letter 1933

Correspondence from NP&L's president, J.E.S. Thorpe to O.S. Thompson of the Corporation Commission dated October 24, 1933. The letter discusses the acquisition of the Tallahassee Power Company by NP&L and the value of the company's land. Mr. Thorpe points out that NP&L land was "certainly far above the average value of mountain lands in western North Carolina." By this date, NP&L had already accrued a deficit of $175,074.16.

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