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[[preprinted]] [[monogram: R over I within G]] 
PLAZA HOTEL [[/preprinted]]

^[[checkmark]]

^[[initials]]

February 17. 1928

Mr. Rolf H. Waegen,
c/o Jacques Seligmann & Co. Inc.
3 East 51st Street. N.Y.

My dear Mr. Waegen,

While I enjoy looking at the portrait by Hans von Kulmbach and feel it would be a suitable pendant to the perfect B. Strigel I have in my country house, I find in examining it

^[[Wa]]