From: Richard Joslin <REDACTED>
Sent: Wednesday, October 22, 2014 1:30 PM
To: jeffrey E.
Subject: RE: gift quesion

http://www.sothbys.com/en/auctions/ecatalogue/201=/old-master-and-19th-century-paintings-n08953/lot.534.html <http://www.=othbys.com/en/auctions/ecatalogue/2013/old-master-and-19th-century-painti=gs-n08953/lot.534.html> <=span>

From: Richard Joslin
Sent: Wednesday, October 22, 2014 9:10 AM
To: 'Melanie SpineHai; 'Jeffrey E.'
Subject: gift quesiton

I am under impression, perhaps falsely, that t=e work below was a gift and that it should not be on the Sotheby's a=praisal. It was added to the appraisal in October 2014. Value =3K per Sotheby's, cost $3,750. Please advise. Thanks

French School, 18th cent=ry

Still life of Tulips, Carnations and other flowers i= a vase oil on panel, unframed 13 by 9 7/8 inches

-------------------------- =

Richard Joslin

CFO

Elysium Management LLC

445 Park Ave

Ste. 1401

New York, NY 10022

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