THE SOCIÉTÉ ANONYME
MUSEUM OF MODERN ART, 1920

IS MOST HAPPY TO ANNOUNCE

THAT THE YALE UNIVERSITY HAS BECOME THE CUSTODIAN
IN PERPETUITY OF THE COLLECTION HELD IN TRUST
FOR THE SOCIÉTÉ ANONYME.

IN ACCEPTING THIS COLLECTION PRESIDENT SEYMOUR
WRITES:

"The acquisition of this extraordinarily interesting
collection not only furnishes the University with a
timely educational instrument, but fills one of the most
serious gaps in the University's collections. The im-
portance of your gift is even greater now that it is no
longer possible to study the work of the leaders of the
modern movement in war-torn Europe. Your bene-
faction will not only be of lasting usefulness to the
University but to the entire country."

THIS COLLECTION, WHICH WILL ALWAYS BE KNOWN
AS THE COLLECTION OF THE SOCIÉTÉ ANONYME, WAS
A DEED OF GIFT TO THE UNIVERSITY OF YALE, AT
NEW HAVEN, CONNECTICUT, OCTOBER 11, 1941, BY
THE TRUSTEES OF SAID COLLECTION:

MARCEL DUCHAMP AND KATHERINE S. DREIER

In acknowledging President Seymour's letter, Miss Dreier wrote as
follows: