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Addendum to the Phillips Exeter Bulletin, Volume XXXVII, No.4.

"The Bulletin takes this opportunity of informing alumni that Charlton David Pierce, who graduated from the Academy in 1934, is cashing checques on banks where he has no accounts and is otherwise seeking to raise money under false pretenses amongst Exeter alumni. To do this he is also misrepresenting the interest and responsibilities of the Academy and Dr. Perry in his concerns. It would appear that Pierce, unfortunately, is not to be trusted in financial matters."

That's about the way it look from here-Ed.

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