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OAL:R October 28th, 1938 Messrs. M. Knoedler & Co., Inc. 14 East 57th Street New York, New York Dear Sirs: We thank you for your letter of October 27th enclosing check in the sum of $14,096.50 being in full payment of your purchase of one-half share in the jointly-owned painting by Daumier, "L Amateur d'Estampes" for $13,300 and in part payment of the intermediary's commission of $796.50 as per our letter of the 26th inst. Yours very truly, JACQUES SELIGMANN & CO., Inc. By:- ^[[GS]]