Word: legatec
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...stipulated that the school should be offered for sale to the present instructors. The value that he placed upon it was outside of all proportions we were willing topay, for we maintain that the only assets in the school are books and furniture, and that the good-will the legatec seeks to capitalize is something we instructors have shared with Mr. Nolen in founding. "We have offered a sum we consider commensurate with the value of the tangible assets, but it has been rejected...
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