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H. C. FRICK. PITTSBURGH, PA. NEW YORK ADDRESS 1 EAST 70TH STREET

New York, June 10, 1915.

Messrs. Duveen Brothers, 720 Fifth Avenue, New York. Gentlemen: I have your invoice of June 4th for the articles therein purchased from you, which came from the Morgan Collection. I have sent some to Pittsburgh with instructions to remit you at once check for ninety-one thousand six hundred ($91,600.00) dollars, and to pay you, beginning June 1st, 1916, one hundred thousand ($100,000.00) dollars monthly until the invoice is paid in full; these payments to carry with them interest at the rate of three (3%) percent per annum from June 4th, 1915.

Yours very truly, signed: H. C. Frick