Description: Letter from Hale Schaleben to Thos. L. James discussing reasoning behind Schaleben's price estimate for acres of land on a Kempner property in Kinney County. Schaleben explains that this area is about to undergo deep drilling by the Phillips Petroleum Company and could increase in value depending on the results of the drilling.
Date: August 7, 1951
Creator: Schaleben, Hale
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