RUBBER STAMP

RECEIVED

JAN -5 1920

H. C. FRICK

/RUBBER STAMP

LETTERHEAD

Guaranty Trust Company of New York

140 Broadway

Capital $25,000,000. Surplus $25,000,000.

Member of Federal Reserve System

Cable Address: "Fidelitas"

New York.

New York Offices

Fifth Avenue and 44th St. Cable Address: "Notromco"

Madison Avenue and 60th St. Cable Address: "Guarmadis"

268 Grand Street Cable Address: "Guargrand"

Foreign Offices Cable Address: "Garritus"

London Paris Liverpool Havre Brussels

George T. Scherzinger Assistant Treasurer

In replying please refer to number [[:]] 66-169-4

/LETTERHEAD

January 3, 1921.

Estate of H. C. Frick,

P. O. Box 109,

Pittsburgh, Pa.

Dear Sirs:

We have your letter of December 31, enclosing check for $106,000. covering fifteenth payment and interest due as per agreement between Mr. Frick and Duveen Brothers dated May 21, 1918. We have endorsed this payment on the above agreement and are forwarding same to you under separate registered cover.

May we ask that you kindly acknowledge receipt on the copy of this letter which accompanies the registered package.

You will also find enclosed voucher covering the payment which has been duly executed.

Yours very truly,

SIGNED G. T. Scherzinger

Assistant Treasurer.