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LUDWIG ROSENTHAL 
Montreal, December 18 1937.
Apartment 14
2156 Sherbrooke Street West.

Mr. Robert M. Levy,
c/o Jacques Sèligmann &  Co., Inc.,
New York.

Dear Mr. Levy:

I wrote you yesterday my first reaction immediately after receiving your letter. Since then, I have one more carefully thought over the various points raised by you and I have come to the conclusion that there is one serious obstacle to an agreement between us, i. e .your point II.

I have to objection against the drawings being billed by your firm. But the buyers' payments should be made either to one of my own bank accounts or by a cheque to my order which could, or course, be sent to you or your firm. Instructions to that effect should be given on the invoice. You will, I am sure, understand that, unless the matter is handled in this way, we could not make a personal arrangement of the kind I had suggested, but instead of that comprehensive and detailed agreement would have to be drawn up between myself and the financially responsible party which, if things are handled the way you suggest, would be your firm. Considering the fact that the negotiations between the firm and myself were terminated for the reasons known to you, this would not suit me. 

Pending a decision of this question I wish, as I have already pointed out in my letter of December 17, to retain all freedom of acting in this matter. 

As to all the other points you mention, they will certainly not bring us insuperable obstacles. I suppose it is selfevident that you take no steps whatsoever unless and until an agreement has been reached.

I feel rather unhappy that this matter should turn out to be so complicated. At least I hope it will not spoil your holiday spirits. 

I am now waiting for your reply regarding the above mentioned problem. 

Yours very sincerely,
L Rosenthal