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[[preprinted]]
TELEPHONE PLAZA 7534

CLARKE ART GALLERIES, INC.
42-44 EAST 58TH STREET
NEW YORK 

SPECIAL DEPARTMENT FOR INHERITANCE TAX AND INSURANCE APPRAISALS

SALES OF ART AND OTHER VALUABLE PERSONAL PROPERTY FOR ESTATES AND INDIVIDUALS
[[\preprinted]]

November 24th, 1924.

Messrs. Seligman & Co.,
#705 Fifth Avenue,
New York City.

Gentlemen:

We are pleased to extend to you on behalf of Mr. Luiz Ruiz of Madrid, Spain, credit for any purchases that you may make at his sale which will be on exhibition from Wednesday, November 26th, to Sunday, November 30th, and which is to sold by unrestricted public auction the first six days in December. 

Payment is to be made in the form of two notes, both dated December 8th, the first one for 50% of the purchases to mature in six months and the second one for the balance to mature in ten months.

We would be pleased to have you advise us as to your wishes in this matters so that we may establish credit for you prior to the sale.

Very truly yours,

[[signature]] 
Vice-President.

ETD/WE.