What is the central purpose of the letter?
a. to request the recipient’s presence at a major business event
b. to convey progress on some activities the recipient has started
c. to respond to a letter written by the recipient to request a service
d. to inform the recipient of the advantages of a business proposal
dear sir:
in conversation with judge jacobs, it was intimated that you might become interested in acquiring the northern bank & trust company of this city.
as a stockholder and director of the bank for the last year, i have become more or less familiar with the bank and its future possibilities. as a result of my investigation both in the bank and in regard to local conditions, i am firmly of the opinion that there is
not only a good field for a bank but that the time is ripe and the opportunity excellent for re-organizing the bank and making it a prosperous and flourishing institution. the past few years have been decidedly unfavorable to stock men and farmers. under such conditions as have existed this bank, as well as other banks, has suffered losses, however at the present time markets seem to have become stabilized, and farm products, with the exception of wheat, have become established in price so that farming, stock raising and stock feeding have again become profitable. it seems that the turn of events towards prosperity has come to this vicinity and with its return on the present basis of loaning and discounting the banking business ought to return to its former status.