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Page No. 2

Have not yet received bill from Knoedler & Co. for commission on Holbein. You said they would send bill, and I could merely credit their account. Presume better put on books at 10% of actual amount paid ($267,932.50) without waiting for bill.

Weather fair and quite warm. Respectfully, F.W.McE.

OFFICE OF H.C.FRICK RECEIVED JUN 29 1912

I think 570. was the commission Wait for their bill H