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The Museum of Modern Art 11 West 53 Street, New York, N.Y.10019 Circle 5-8900 Cable:Modernart Richard H. Koch Director of Administration April 20, 1965 Poindexter Gallery 21 West 56th Street New York, New York Gentlemen: Thank you for informing us of the sale of the Gene Davis painting, "Black-Gray Beat", which is currently in our exhibition, "The Responsive Eye". We understand that the picture was sold to Mr. Vincent Melzac for $2,500. As is specified on the loan agreement regarding this work, the selling price is understood to include a 10% handling charge for the Museum of Modern Art, and we are accordingly enclosing herewith our bill in the amount of $250. With all good wishes, Sincerely yours, [[in signature]] Richard H Koch Enc. just advise them it sold for 1000 & pay the 10% on that. [[signature]]