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Frank Gair Macomber,
147 Milk Street, 
Boston, March 5, 1906

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Insurance.
New York, 51 Wall Street. 
Chicago, 205 LaSalle Street. 
Boston, March 5, 1906.

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Charles L. Freer, Esq., 33 Ferry Avenue, Detroit, Mich. 

Dear Sir:- 
We beg to enclose herewith Fine Arts policy No. 37162 amounting to $60,000 covering paintings at the Pennsylvania Academy at Philadelphia. This policy was put on for two months and expires on the 10th March. If this is to be renewed kindly advise us by telegram so that we may take the matter up with the other side. 
Yours respectfully, 
Frank Gair Macomber 
by C.H.L. 
L/M

premises of the insured at Detroit, Michigan, Buffalo, N.Y.  and elsewhere in the United States, and is to attach continuously until they are returned to their place on the premises of the insured at Detroit, Michigan, Buffalo, N.Y. and elsewhere in the United States. 

It is agreed that the amounts declared against each item of the above mentioned schedule shall be its insured value upon which the insurance premium shall be calculated, and in case of loss said value shall be deemed to be the real value on the day of the occurance of any loss. It is hereby agreed and understood that one pound sterling is considered equal to $4.85 in American Money and loss, if any, shall be adjusted payable on this basis. 

It is further understood and agreed that this policy commences to attach and ceases, twelve o'clock noon, local American time. 

Dated in London,, the 26th day of January 1906
900 29/1 Nine hud pds } per [[?]].
1500 Fifteen hod pds  }

Transcription Notes:
This entry is three overlapping documents. Not sure how to note. (just transcribe words on page, noting not required in body of transcription text area)