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December 31st., 1937.

Dear Mr. Guetty:

When I had the pleasure of your visit a week ago, you were interested in knowing what Mr. Horst would charge for a colored photograph, of the large size - such as the one representing Mrs. Dayton Cochran.

I have just this morning received an answer from Mr. Horst's office and am enclosing it herewith.

Should there be anything further that you would like me to do in connection with this matter, I would be glad to attend to it.

Looking forward to seeing you soon again,

Believe me to be,

Yours very sincerely,

(Germain Séligmann)

J. Paul Guetty, Esq.,
1 Sutton Place So.,
New York, New York.