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                                         June 4, 1946
Dear Mr. Stoll:
Referring to our conversations with
respect to Mr. Germain Seligman´s
policy, please note that I have to
defer the whole matter until the
coming September, as Mr. Seligman
will be absent from New York until
that time.
Thanking you for your cooperation,
Yours very truly,
(O.A. Liechti)
Mr. Louis Stoll
Equitable Life Assurance Society
393 Seventh Avenue
New York, N.Y.