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OAL:R

November 19th, 1937

Messrs. M. Knoedler & Company
14 East 57th Street
New York, New York

Dear Sirs:

Referring to our telephone conversation of yesterday, we wish to confirm our agreement by which the following jointly-owned objects:-

Pastel by Manet, "Portrait of a Woman"
Painting by Seurat, "Le Crotoy Aval"
" " [[dittos for Painting by]] Vigee LeBrun, "Comtesse de Schoenfeld"

will be covered against all risk for their full insurance value by whichever of the co-owners they are being held.

Yours very truly,

JACQUES SELIGMANN & CO., Inc.

By:-

^[[GS]]