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WJ

October 9th 1923

American Federation of Arts
1741 New York Avenue
Washington, D.C.

Dear Sirs,-

Your letter addressed to Eugene Glaenzer has been received at this address, and we beg to return it to you herewith.

The firm of Eugene Glaenzer & Co. is entirely liquidated and no more in business.

Yours truly,

JACQUES SELIGMANN & CO., INC.

By