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GEO. RICHARDSON & CO., LTD.,
The Right Hon. A. Eonar Laz,
22nd October, 1915.
463
SHEET No. 3
By virtue of having contributed so materially towards the trade formerly carried on under these particular trade marks, we consider that we have a prior claim to them if they are to be sold.
We have therefore instructed our Solicitors (Hessrs Johnson, Stokes
& Master) in Hong Kong, to endeavor to purchase on our behalf
(1.) The goodwill of Kessrs Siemssen & Co'a business. Failing that, 5 trade marks of theirs formerly largely used on our gooda.
We have heard that the assets of Mesere Siemssen & Co. Hong Kong, will not be sufficient to meet the liabilities, in which case no doubt the goodwill and trade marks will be treated as an asset realisable for the benefit of the creditors.
(2) Two Trade marks of Messrs Arnhold, Karberg &
Co. formerly used largely on our goods.
In this case, probably the assets will be sufficient, but we think that neither Messrs Arnhold, Karberg & Co. nor the Liquidator will object to our purchasing these two trade-marks.
The proceeds of such sale
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not more than 150 at the most
-
to be
83
paid to the Liquidator..
In this connection there is the important point that the longer these trade marks are not used, the more they depreciate in value, and if not available for use very shortly they will become practically worthless.