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WJ ES      March 5, 1931

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The Arts Club of Chicago,
Chicago, Ill.

Dear Sirs:

We have received your letter of March 3rd and beg to advise that in accordance with your request we delivered today to Budworth the painting by HONDECOETER- "Courtyard Scene". Budworth called for the picture this morning. 

We have noted that you keep this picture insured.

Very truly yours,

JACQUES SELIGMANN & CO., Inc.,
By
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