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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]]