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[[preprinted]] AMERICAN ART ASSOCIATION ANDERSON GALLERIES • INC 30 EAST 57TH STREET • NEW YORK OFFICE OF THE VICE PRESIDENT HIRAM H. PARKE CABLE ADDRESSES ARTGAL or ANDAUCTION [[/preprinted]] December 4th, 1929. ^[[checkmark]] Mr. Germain Seligmann 3 East 51st Street New York City. Dear Mr. Seligmann: I am confirming by letter my understanding with you regarding the proposed sale of the Ridder Estate. We will reserve an interest of 2 per cent of the gross proceeds of the sale should arrangements be effected whereby we conduct such a sale. Very truly yours, AMERICAN ART ASSOCIATION - ANDERSON GALLERIES, INC. [[signature]] Hiram H. Parke [[/signature]] hhp-t