1. We inform you that our business, which has been carried on most successfully for the last twenty years, will be turned into a limited company on the 30th May; and from that date it will be continued under the firm-name of the P.P.N. Co.,Ltd.

　　2. We refer you to the enclosed circular announcing the reorganization of the above firm, and would assure you that any commission with which you may favour us will receive the same care and attention as in the past.

　　3. We are now a private Limited Company, and we shall be glad if you will in future make out remittances to us to H.E. & Co., Ltd.

　　4. After January 1st, our partnership will be dissolved and the business will be carried on at the same address, by H.O. and J.S. under the firm-name of O.& S.

　　5. I advise you that the business hitherto carried on in the name of J.M. & Co. will be continued under the style of James Morton & Company, Limited.

　　6. The business was most successfully converted into a Limited Company in October last, almost the whole of the shares offered being taken by customers, only a few remaining allotted.

　　7. We inform you of an alteration that is to take place in the name and copartnership of this firm on July 1st.

　　8. I acquaint you that in consequence of my having taken into partnership with my nephew, C.H., the business of my establishment will henceforward be conducted under the firm of T.H. & Nephew.

　　9. We inform you that our business will be turned into a limited company on February 1, and from that date will be continued under the name of Sankyo Co., Ltd.

　　10. Mr. Bills will continue to do business under the same style of Messrs. bills & Co., at the same

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