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February 4, 1954

Gentlemen:

These lines are to acknowledge receipt with thanks of your check #10747 on Chemical Bank & Trust Co. in the amount of $125.000.-- (One hundred twnety-five thousand 00/100 Dollars) in full settlement of our invoice dated February 1, 1954. 

Yours very sincerely,
JACQUES SELIGMANN & CO., INC. 

(Germain Seligman)
President

The Samuel H. Kress Foundation
221 West 57th Street
New York 19, N.Y.