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May 6, 1976

Murch - Cornell Agreement

Elizabeth Benton has taken the following two Murch paintings in exchange for a Cornell box which has been valued for the purpose of this agreement at $14,000.

"Mail Scale"      $12,000.
Portrait of Joseph Cornell   $3,000.

Dennis Hurley, as the agent for Mrs. Benton, has taken possession of the above two works for Mrs. Benton. Mrs. Benton will have two weeks to decide if she would like to keep the "Mail Scale" or to trade it for another Murch of equal value.

It is understood that Mrs. Benton will pay the $1000. difference on the value of the works to Betty Parsons Gallery if she keeps "Mail Scale", said payment to be made at the end of the two week period.

________________       ________________
Dennis Hurley          Betty Parsons