LETTERHEAD M. KNOEDLER & CO., 355 FIFTH AVENUE, NEW YORK. PARIS, 23 PLACE VENDÔME LONDON, 15 OLD BOND STREET. CABLE ADDRESSES } NEW YORK KNOEDLER } PARIS

} LONDON

/LETTERHEAD

July 1, 1908.

Mr. H. C. Frick, Prides Crossing, Mass.

Dear Sir:-

As instructed by cable from Mr. Roland F. Knoedler, we enclose our note due December 15th for $125,000, the proceeds of which you will please have deposited to our credit at the National City Bank, New York.

Very truly yours,

SIGNED M. Knoedler & Co E.W.K.

Enclosure (1)

NOTE

Ans'd by HCF 7/2/08- Wrote M K&Co 7/4/08- FWMcE Wrote NCBK 7/4/08- "- /NOTE