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DEC 8 1914
H. C. FRICK, PITTSBURGH, PA.
NEW YORK ADDRESS I EAST 70th STREET
New York, December 7, 1914.
Dear Mr. McElroy: You will observe I have made a purchase of pictures from M. Knoedler & Company. When they inform me in what name they desire the stock transferred, I will then instruct you to take the necessary amount from the shares standing in the name of Mr. McEldowney. Yours very truly, H. C. Frick
Mr. F. W. McElroy, Pittsburgh, Pa.