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LETTERHEAD M. KNOEDLER & CO., SUCCESSORS TO GOUPIL & CO., 355 FIFTH AVENUE, NEW YORK. CABLE ADDRESSES. KNOEDLER _ NEW YORK. KNOEDLER _ PARIS. PARIS OFFICE, 2 RUE GLÜCK. /LETTERHEAD

Sept 15/02

H. C. Frick Esqre Pittsburgh

Dear Sir

We beg to acknowledge the receipt of your favor of the 12th inst enclosing three checks drawn to our order for the total sum of Ninety Seven thousand Six hundred and ninety one 67/100 Dollars being the net proceeds of our two notes for Fifty thousand Dollars each payable Jan'y 12 and Feb'y 12/1903.

Please accept our thanks for this prompt remittance and believe us dear sir

Very truly yours

SIGNED M. Knoedler & Co pp W. T. Herckenrath