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M.Knoedler & Co., 355 Fifth Avenue, New York Paris. 23 Place Vendome London, 15 Old Bond Street Cable Addresses Knoedler New York, Paris, London

August 14, 1908

Mr. H.C. Frick, P.O. Box 109, Pittsburgh, Pa.

Dear Sir:-

We are in receipt of your favor enclosing check No. 2488 on the Mercantile Trust Company of New York City for $120,000, being in settlement of our invoice of August 12th. We enclose herewith your voucher duly receipted. Very truly yours, M. Knoedler C. Per My ?

Enclosure (1)

Office of H.C. Frick. Received August 15 1908