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January 7, 1957

My dear Sir:

We are in receipt of your letter of January 5, 1957 and are happy to read that the Vannuccio "Crucifix" reached you in excellent condition.

As regards the dates of the payments to be made by the Bob Jones University we have corrected the entries in our books in accordance with your indications, in other words: we are to expect a payment of $1000.- every month, starting with February 1957 and to be continued through December 1957 with the exception of July and August.

Yours very sincerely,

JACQUES SELIGMAN & CO., INC.

(Otto Porjes)

Mr. Bob Jones Jr., President
Bob Jones University
Greenville, South Carolina