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[[underlined]]COPIE:MB[[/underlined]]

Lettre écrite :

^[[x]] [[underlined]]GUARANTY TRUST Co of NEW YORK:[[/underlined]]140 Broadway, NEW YORK

^[[x]] [[underlined]]LAZARD Frères[[/underlined]]: 19, Nassau Street, NEW YORK.

^[[checkmark]]

Dear Sirs,

Will you kindly note that the death of my beloved Father does not bring any changement in our business which will be continued under the name of:

[[underlined]]JACQUES SELIGMANN & FILS[[/underlined]]

and that I am alone entitled to sign on behalf of our Company

I will sign below the Firm's name: Germain SELIGMANN & Co.

You will find at the foot of the present a specimen of my signature.

Yours very truly
[[signed]] signé G. S [[/signed]]

Mr. Germain SELIGMAN Will sign:
JACQUES SELIGMANN ET FILS
[[signed]] Germain Seligmann, Cie Jacques Seligmann Fils [[signed]]