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March 24, 1945


Gentlemen:

We received your letter of March 23rd, 1945 enclosing check on The Fifth Avenue Bank of New York in the sum of $4,173.82 (four thousand one hundred seventy-three 82/100 dollars) being in payment of the balance due us for our one-half share of the proceeds of the sale of the jointly owned painting by Degas "La Repasseuse" which was sold through your London house.

Thanking you,

Yours very truly,

JACQUES SELIGMANN & CO., INC.


(O. A. Liechti)


Wildenstein & Co., Inc.
19 East 64th Street
New York 21, New York
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