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[[letterhead]]  
                           PAUL DREY
Telephone PLaza 3-2551     Old Paintings and       11 East 57th Street 
Cable Address              Works of Art            New York, N.Y.
ASDREY New York                                        

[[/letterhead]]


August 22, 1940

Messrs. Jacques Seligmann & Co., Inc.
3 East 51st Street
New York, N.Y.
             
Attention: Mr Germain Seligmann

Dear Germain:
      
I should be most obliged if you could send for the "Madonna de pas de Chance" which we have in joint account. I cannot place it any longer and it would be very good for this fine piece of sculpture to be shown in other surroundings. 
      
If you should have the same problem as I have - i.e., not enough space, I know that you have room in the warehouse, where I hope you will find the possibility of storing it.
         
With kindest regards,
                           
Sincerely yours,
Paul Drey

P.S. I have also as you know the Derutaplate here which we own in joint account. Let me please know which minimum saleprice you would suggest for it.