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^[[image-checkmark]] [[preprinted letterhead]] M. KNOEDLER & CO., INC. 14 EAST 57TH STREET NEW YORK PARIS, 22 RUE DES CAPUCINES LONDON, 15 OLD BOND STREET CABLE ADDRESSES "KNOEDLER" NEW YORK PARIS LONDON [[/preprinted]] February 19, 1938. Jacques Seligmann & Co., Inc., 3 East 51 Street, New York, N. Y. Gentlemen: We acknowledge your favor of the 18th instant, enclosing check for $7,625., being payment on account of the painting by Seurat, "Le Crotoy," for which we thank you. Very truly yours, M. KNOEDLER & CO., Inc. [[signed]]Henry Thole[[/signed]] HT:AG