 Complete the following phrase:  In 1934 Modern Paintings, Inc. was dissolved, its assets being absorbed by Jacques Seligmann  Co. and Tessa Corporation, another subsidiary of the company. In 1935 another subsidiary was founded: the Contemporary American Department, which was formed to represent emerging American artists, led by gallery employee Theresa D. Parker. In Paris, the city offered to purchase Palais de Sagan in connection with plans for the Exposition Internationale des Arts et Techniques dans la Vie Moderne in 1937. Jacques Seligmann  Co. focused its Paris business at the Rue de la Paix location, and New York became the international headquarters. Germains half-brother, Francois-Gérard, ran the Paris office, and Germain continued to travel back and forth across the Atlantic until he made New York his permanent residence in 1939. Germain served on the Exhibition Committee for the 