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 r I | Mr. HIGGINS stated that he never saw this check and was unaware that this is the check which the bank now claims . was used to purchase the loan of REBO10. He stated unequivically _ that he never examined the account after he had learned that the _ loan had been satisfied. ;l Mr. HIGGINS volunteered that he felt that the auditors I of the bank namely Pete, Marwick, Mitchell and Company, during 3 the time this bank was on the loan, should have details concerning the negotiations of this loan. Mr. HIGGINS stated that he was aware that there H w least one loan, if not more than one loan, made to ' &and the Precision Valve Company, d he I believed that if in reality this was the loan tob L l that the makers of the loan had attempted to circumvent the limitations placed upon the bank as to the size of the loan being limited to ten percent of the capitalization. 1 1