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Paris,
September 13th., 1938.

Dear Mr. Liechti:

Re: PERLS PICTURES.

Mr. Séligmann has asked me to call your attention to the fact that we are to insure the pictures of List No. 1 of the Perls letter, only from Paris to New York, and sojourn in New York, but NOT, whatever may happen, on the return from NEW YORK-PARIS.

Yours very sincerely,

O.A. Liechti, Esq.,
3 East 51st, St.,
New York, N.Y.