Dec. 18th 1894

Dear M. James

I return the draft bond with a note by my lawyer as to the insurance in which I agree would you kindly see what the syndicate say to it. It seems there would be a difficulty about insurance against larceny: one office of whom my lawyer asked for information said that while they could insure against burglary they could in no case do so against larceny

Also I may note that the burglary insurance is an expensive affair. 

I am Dear M. James

Yours very truly

William Morris