I am writing to confirm conversations which we had prior to the Election in regard to my status in the firm. It was understood that at your request my name should remain in the firm name owing to the long association of myself and my father with the firm.¹ It was also understood that I would retire from the firm if I were successful at the Election and if I should be chosen as a Member of the Provincial Cabinet. This having eventuated I thought we should have an understanding in writing.² From the date of my appointment to the Cabinet which I think was the 10th of July 1934 my interest in the partnership business [illegible] do not further participate in the profits. Prior to this date I assume the firm will continue to collect and account for any profits to which I may be entitled under our previous arrangement. I do not think it is unreasonable to leave my name in the firm name, but I should be struck out where I appear as one of the members on the letter head.

If there is any other matter which should be covered perhaps you might mention it in acknowledging and approving of this arrangement.

With kind personal regards, believe me
Faithfully yours,
T.B. McQuesten

¹ Thomas' father Isaac had been Chisholm's original partner in the firm. After Isaac's tragic death in 1888, James Chisholm helped the McQuestens retain Whitehern despite Isaac's extraordinary debt of $900 000, and Mary remained grateful for his assistance, thanking him even 40 years after the fact (W-MCP2-4.089).

² Thomas had been elected MPP in 1934, serving as Minister of Public Works and Minister of Highways as well as working as the Chairman of the Niagara Parks Board.
Hepburn (Liberal) had been elected on July 10, 1934 and immediately went to see McQuesten on July 16, 1934, to award him the portfolio of Minister of Highways.