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Sept. 25, 42.

BC
BAR B C RANCH

P.O.-MOOSE, JACKSON HOLE, WYOMING
TELEGRAMS-MOOSE, WYOMING
TELEPHONE-BAR B C RANCH, MOOSE, WYOMING

FREIGHT-VICTOR, IDAHO OR ROCK SPRINGS, WYOMING
EXPRESS-JACKSON, WYOMING

Dear Mr. Seligmann,
Thank you for your two letters and for giving us your data about the picture. It is truly difficult to carry on the matter after the sad death of Hans Waegen and as you say it is a delicate matter. Everything was not handled by correspondence as Leonard Hanna happened be in New York and I asked him to talk to Waegen for me as he was the person most interested in the accession meeting. We had no prior price of $48,000 given to us by correspondence or word of mouth. I believe Mr. Waegan had intended to give us the whole picture when he made the appointment to come to Cleveland. Whether he said $48,000 to Leonard Hanna I don't know. In any case Mr. Hanna felt afterwards that our offer of $40,000 stood every chance of being accepted and that Mr. Waegan was going up to you to talk with you personally about it. I never knew of your operation. I'm extremely concerned but from what I read in your letter, you must be much better. I sincerely trust so.

As I said before we had considered from every standpoint the picture and it seemed and still seems to us very desirable from every standpoint but price. The trustees stretched