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LETTERHEAD First National Bank C. D. BACKUS, Cashier. /LETTERHEAD

New York, April 27 1912

F. W. McElroy, Esq., c/o H. C. Frick, Esq., Pittsburg, Pa.

Dear Sir:

We are in receipt of your favor of the 26th instant and note contents. We shall be very glad to let the Knoedler matter run on until the return of Mr. Frick to this city, when, as we understand, it will at once be arranged.

Very truly yours,

SIGNED C D Backus Cashier

LAD

RUBBER STAMP OFFICE OF H. C. FRICK RECEIVED APR 29 1912 FORWARDED REFERRED ANSWERED /RUBBER STAMP