LETTERHEAD M. KNOEDLER & CO., 556-558 FIFTH AVENUE, NEW YORK. PARIS, 23 PLACE VENDÔME LONDON, 15 OLD BOND STREET. CABLE ADDRESSES } NEW YORK KNOEDLER } PARIS

} LONDON

/LETTERHEAD

RUBBER STAMP OFFICE OF H. C. FRICK RECEIVED NOV 1 1911 FORWARDED REFERRED ANSWERED /RUBBER STAMP

NOTE 5:45 PM 11/1 /NOTE

NOTE Ack 11/2/11

/NOTE

October 31, 1911.

Mr. H. C. Frick, Frick Building, Pittsburgh, Pa.

Dear Sir:-

We beg to thank you for your check of One Hundred and Twenty Five Thousand (125,000) Dollars, in settlement of which we have handed your Mr. McElroy our note of like amount and even date at six months.

Enclosed please find our check No. 9035 on the Astor Trust Company to your order for $3,125.00, being interest at the rate of 5% on the above note.

Very truly yours,

SIGNED M Knoedler & Co.

NOTE

Rred after mailing regular DELETED TEXT letter. Have sent to Mercantile for you a/c & will report tomorrow on cash statement. Wil ackg receipt. /DELETED TEXT

11/1/11 F. W McE

/NOTE

Rred