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[[preprinted]]
M. KNOEDLER & CO.,
556-558 FIFTH AVENUE,
NEW YORK,
PARIS, 17 PLACE, VENDOME,
LONDON, 15 OLD BOND STREET,
CABLE ADDRESSES { NEW YORK
KNOEDLER { PARIS
{ LONDON
[[preprinted]]

^[[Paris]]

December 9, 1921

Mr. Jacques Seligmann, 
705 Fifth Avenue, 
New York City.

Dear Sir:

I enclose, as understood, check to your order for Fcs.50,000. in settlement of the portrait of George Washington by Charles Wilson Peale, belonging to Mr. Pierre de Nohlac. It will be perfectly satisfactory to us for you to give your half share in this picture to our Paris office.

We take this opportunity of acknowledging receipt of the painting by Zorn, portrait of Mrs. Martin Rickoff, Paris, which is net at $10,000, profit to be divided with you above this figure. This picture is not covered by our insurance policy. 

Very truly yours, 
[[signature]] M. Knoedler [[/signature]]
[[signature]] CR Sterchil [[/signature]]

Enc. (1)
CRH:M


Transcription Notes:
Unsure about CRSterchil signature

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