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February 2, 1956

Dear Bond:

I am in receipt of your letter of January 31st, which it is my impression does not cover completely the points we discussed. You write that you "will try to consummate a deal" for the remaining bound books, and send me then a final accounting. It was my understanding that you would first consult me about the amount you would obtain before closing such a deal, for the figures you mentioned varied so considerably. I further believe that this is strictly in accord with our original contract. In this respect will you let me have the exact number of the remaining bound books which would be involved in such a transaction.

You also write that you will instruct the bindery to sell the remaining unbound sheets. Could you give me an idea as to what use such sheets could be, for unless they were just sold for re-processing as paper, they would, it seems to me, compete with the sale of the bound books should the purchases of those unbound sheets acquire them for the text and reproductions.

Now, as I told you, on July 15th, 1955, you sent me a statement indicating a credit of $429.00, which I gathered from your accompanying letter would be available, though the earlier credit could not be paid out then. As you know, this amount of $429.00 was never paid by you. I thus deducted six books as per my letter of November 25th, which left then a credit of $410.56, and intend further to deduct the $22.84 of your last invoice of Jan. 31st. However, this will still leave a balance to my credit of $387.72, and may I inquire whether you intend sending me your check for this amount?

Looking forward to hearing further from you, and with best regards,

Sincerely yours,

Germain Seligman

Mr. Bond Wheelwright
The Bond Wheelwright Co.
795 Forest Ave.
Portland 5, Me.