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OAL:R

February 18th, 1938

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

Dear Sirs:

Enclosed please find check on J. P. Morgan & Co. in the sum of $7,625.00 (seven thousand six hundred twenty-five dollars), being in payment on account of your half share in the painting by Seurat, "Le Crotoy", leaving a balance due you in the same amount.

Kindly acknowledge receipt of this remittance, and

Believe us to be

Yours very truly,

JACQUES SELGIMANN & CO., Inc.

By:-

Enc. check

^[[GS]]