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[[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]] April 13, 1938. Jacques Seligmann & Co., Inc. 3 East 51 Street, New York, N. Y. Gentlemen: We enclose our check No. 5314 on the Fifth Avenue Bank to your order for $3,750., being half share of two paintings, as per your invoice of the 12th instant. Very truly yours, M. KNOEDLER & CO., Inc. [[signed]]Henry Thole[[/signed]] HT:AG enc.