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[[MS 2750/153/28]]

[pre-printed letterhead] [Logo of Borzoi Books] ALFRED A. KNOPF, Inc. 730 FIFTH AVENUE New York

ROYALTIES PAYABLE

TO: 
The Hogarth Press

NOV. 1st, 1931

We take great pleasure in enclosing, herewith, our royalty check # 31528 for royalties earned to June 30th, 1931 in accordance with the enclosed royalty remittance reports.

Total Royalties earned                                                                    $ 73.70

Less UNITED STATES FEDERAL TAX withhold (5%)                   $   3.69

                                                                                                        ----------

Royalty check                                                                                 $ 70.01

Kindly acknowledge receipt.

ALFRED A.KNOPF,Inc.

[A large handwritten tick covers the body of the letter] 
[*70.01*] 
[*receipt sent 16.11.31.*] 
[*£18.10.5*] 
[*90% 16.13.4[?] 5*]