Pablo Picasso writes to his friend Max Pellequer about a financial project.

Pablo Picasso (1881-1973)

Autographed letter signed to Max Pellequer.

One page in quarto.
[Château de] Vauvenargues, "the 13.[0]5.[19]59"

Picasso wrote to his friend and advisor Max Pellequer about a financial project

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"My dear Max. I'm sending you the check for the tax collector of the 6th  ^{arrondissement  (} 70,000 ) [presumably for his apartment at 7, rue des Grands Augustins in the 6th ^{arrondissement} ] in this letter. I'll write to you soon about our and your bank project here and in Cannes. [Jaime] Sabartés has left and is already in Paris . He'll see you as soon as you get back. A thousand regards from both of us to both of you. Kisses. Picasso"

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A banker and discerning art lover, Max Pellequer began assembling a considerable collection of modernist works in the 1920s. In 1920, he married Francine Level, niece of the art dealer and businessman André Level. It was through Level that he met Picasso in 1914. This encounter marked the beginning of an enduring friendship between the two men. Pellequer became one of the artist's closest friends, as well as his banker and financial advisor. For over 30 years, he acquired an incredible collection of paintings and sculptures from Picasso. The correspondence they maintained throughout these years allows us to appreciate the depth of the bond between the two men.
Again with the invaluable help of his friend Max, Picasso acquired a 14th-century château ⁱⁿ 1958 in Vauvenargues, near Aix-en-Provence, at the foot of Mont Sainte-Victoire. He occupied it intermittently between 1959 and 1962. Regarding this, he told Daniel-Henry Kahnweiler: "I bought Cézanne's Sainte-Victoire. Which one? The real one." It was in the park of this same property that the painter was buried in a somber atmosphere on April 10, 1973.

Jaime Sabartés (1881-1968), mentioned here, is a Spanish poet who was for a long time Picasso's private secretary, of whom he published a biography: Picasso: Toreros , in 1961.