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May 17, 1950

Dear Mr. Seligman:

We take pleasure in enclosing herein our check on J. P. Morgan & Co., Inc. in the sum of $35,000.- (Thirty-five thousand 00/100 dollars) being in full payment of our sale of the painting by Mantegna "Janus Fannonius" which is your property and which you had cosigned to us as per enclosed credit note.
 
Trusting that you find the above in order,

Yours very truly,
Jacques Seligmann & Co., Inc.

(O. A. Liechti)

Mr. Germain Seligman
47 East 61st Street 
New York, N.Y.
 

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