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Memorandum by [F.W. McElroy?], circa 19 April 1912
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MEMORANDUM
Saw Mr. Knoedler's nephew in New York, April 19th, 1912, and he thinks Knoedlers will want renewal of note for $125,000 due April 30th. (The old note is made by M. Knoedler & Co. to R. F. Knoedler, and endorsed by him.)
Knoedler has note of $250,000 at First National Bank, New York, on Mr. Frick's guarantee. This is also due April 30th. He understands from Mr. Carstairs that Mr. Frick may take this note over.
Mr. Knoedler's nephew will let me know shortly about these notes.