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April 10, 1931
Pottsville, Pa.
I, the undersigned, hereby agree to pay to Mr.
Lester W. Hobaugh two years after above date
the amount of $200 (two hundred dollars)
in return for a loan of $100 (one hundred
dollars) made on above date. The money will
serve as means to support financially a comic
strip by the name of "sleepy" which will run
in newspapers in the United States of America.
The one making the loan (Mr. Hobaugh) is
absolutely under no obligation
signed,
William John Gray,
1319 W. Market St.,
Pottsville, Pa.
lender
Lester W. Hobaugh,
145 W. 24th St., Pottsville, Pa.
650 N. Pershing Ave, York, Pa
Witness
Frank A. Moran