Copy for Mr. Shears.
1580.
Cat. No. 894.
March 26th, 1945.
Mr. Kaizo KAMACHI,
Registration No. 09968,
Slocan City, B. C.
Dear Sir:
Re: 733 Discovery Street, Victoria, B. C.
(The Easterly Half of Lot 747, Victoria City).
We are in receipt of your letter of the 22nd instant asking for information regarding your property, Real and Personal.
While it is appreciated that the sale of any property is a matter of personal concern to, and may in some cases be contrary to the wishes of, the owner, the policy of liquidation of properties in the protected areas of British Columbia was one that was decided by the Dominion Government. In the execution of this policy great care has been taken to insure that prices adequately represent current values and we are satisfied that this is the case with the above property.
The sale price is $1800.00, the purchaser taking over your obligations under your Agreement for Sale ($1,099.29) and paying cash for the amount of your equity in the property ($700.71). The price realized is in line with the value placed on the property by a qualified appraiser ($1800.00), and also compares favourably with the assessed value ($1,690.00) for tax purposes.
As soon as the adjustments incidental to all sales of real property are made a complete statement of the transaction will be forwarded to you, showing the net proceeds credited to your account. At the same time we will send you a statement of your account, including the above as well as proceeds derived from sale of chattels.
Yours truly,
R G Bell,
Administration Department.
RGB/P.