rcU PIONEER DEALERS

Pcr 6ourpiluq

Ploleer Paper Cmp€my to ertem.tl their best Dealers for the greatest tbe cGhg year.

r Dartagened ls otte t bd,rgs success to our se also koor that nltbout of those rbo purchase rlqrlal rtot be a cd[-

1- it ls entlrely flttiog wlshes'a blt firltber

EilPLC'TEES CF PIO'IEER PIPER CCMPIN]T (Slatratures o! all aaployees ettacheil)

!b. J. E. Plunkett, Genera.l l{aDagar, Pioneer Paper Conpany, Ios .lnge).es, Ca]-1fornla.

Dear llr. Plurkett:

Every eryloyee of tbe Ploneer Paper Cmpauy most slncelely appleclates tb€ geueroua iProflt sholilrg" chocks rhlcb have Just beeD recelveil.

Tbls uessags ls otrt e4)r€ssto! of thanks to you, ss replesertlng tbG ltalagoeat, for the ffur€ ccnslderatloa that bas ahraya beetr glyea to Ploneer eryloyeeso

Slnceraly yours,

EUSIrTEES Of PIONEER PJPER CCMPAIY (Slgaatures of all eEployees attacheil)