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DIRECTORS
ROBERT ADAMSON Vice President Central Mercantile Bank & Trust Co.
ANCELL H. BALL President Best & Company
WALDRON P. BEEKNAP Vice-President Bankers Trust Co.
JAMES G. BLAINE President Fidelity Trust Co. of New York
J. HOWES BURTON Burton Brothers
CLARKSON COWl President James A. Hearn & Son
ELIOT CROSS Cross & Cross
HARRIS A. DUNN Vice-President American Exchange Irving Trust Company
DOUGLAS L. ELLIMAN President Douglas L. Elliman & Co., Inc.
EZRA H. FITCH President Abercrombie & Fitch Company
MICHEAL FRIEDSAM President B. Altman & Company
EDWIN S. FRIENDLY Buisness Manager New York Sun
A.V. FROST Vice-President Black, Starr & Frost
DUNCAN G. HARRIS Vice-President Brown, Wheelock Harris, Vought & Co.
JOHN A. HARRISS, Capitalist
WILLIAM W. HOPPIN Attorney at Law
ROBERT H. KOEHLER Attorney at Law
EMIL W. KOHN Treasurer Theodore A. Kohn & Son
JAMES T. LEE President Shelton HOlding Corporation
C. STANLEY MITCHELL President Central Mercantile Bank & Trust Co.
WILLIAM J. PEDRICK Vice-President and General Manager The Fifth Avenue Association, Inc.
J.R. POLLOCK Asst. to General Commercial Manager New York Telephone Company
E.CLIFFORD POTTER President Three-Seventy-Five Park Avenue Corporation
FRANKLIN SIMON, President Franklin Simon & Company
JOHN SLATER Treasurer J.& J. Slater
JOHN SLOANE President W.& J. Sloane
WALTER STABLER, Comptroller Metropolitan Life Insurance Co.
LOUIS STEWART Director
GEORGE W. SWEENEY Vice-President Hotel Commodore
GAGE E. TARBELL, Real Estate
JOHN H. TOWNE Secretary Yale & Towne Manufacturing Co.
WILSON H. TUCKER Director Lord & Taylor
I.M. WHEELER President C.G. Gunther's Sons
ARTHUR WILLIAMS Vice-President Commercial Relations New York Edison Company
EDWARD C. WILSON Vice-President Empire Trust Company
FREDERIC T. WOOD President Fifth Avenue Coach Company

The Fifth Avenue Association

358 FIFTH AVENUE - - NEW YORK

OFFICERS

JOHN H. TOWNE, CHAIRMAN OF THE BOARD

MICHAEL FRIEDSAM, PRESIDENT DOUGLAS L. ELLIMAN, VICE-PRESIDENT HARRIS A. DUNN, TREASURER

ANCELL H. BALL, VICE-PRESIDENT WILLIAM J. PEDRICK, VICE-PRES. & GEN. MGR. THOMAS W. HUGHES, SECRETARY

TELEPHONE: WISCONSIN 1200

In reply please refer to 6-S May, 21 1927

Jacques Seligmann & Co. Inc.
3 East 51st Street
New York, N. Y.

Gentlemen

Attention Mr. Germain Seligmann

Thank you for your annual dues amounting to $50., and for this expression of your continued confidence in the work of the Association.

It is this kind of cooperation which makes it possible for us to carry on and to protect the great area over which we exercise a guardianship.

Cordially yours
M.S. Friedsam
M. Friedsam
President

ILP
Enc.1

"To conserve the highest and best interests of the Fifth Avenue Section embracing Fifth,Madison,Park,Fourth Avenues and Intersecting Streets"