April 17, 1940
 
Dear Henry:-
 
           I was so jammed with all kinds of loose ends 
while at Hyde Park a week ago that I did not have a chance 
to talk with you.
 
           I think there is no hurry about the balance of 
the Lent lot becasue I am in no hurry to put a road though 
it this Summer.
 
           The deeds being, I take it, recorded will
probably result in having the lot taxed this year to next year,
and I am wondering if it is possible to have half the lot taxed
to me and the other half to the other owners. Probably they
will get awfully tired of being taxed in a very short time.
 
           I asked Hall Roosevelt to show you the memorandum
of lease which I wrote out for him and I take it you think
it is all right.
   
        He will, I think, charge $25.00 or $30.00 a month
for each house and this should bring him into the clear on
the total investment, with amortization, in ten years. I am
inclined to think the average cost, when the work is finished,
will be about $1,500 per house.
 
           I will be home I hope the first Sunday in May and
will see you then.
 
                       As ever,
                       Franklin Roosevelt