New Beeston Cycle Co.: To the Editor of the Journal of Commerce: Sir, In reply to the letter of Messrs. Smith, Pinsent and Co. of the 16th inst., we are instructed, as solicitors of the New Beeston Cycle Co. Limited, to say that the statement in that company’s prospectus that the company is buying the interests of Mr. Arthur Chamberlain and others in the Quinton Cycle Co. at a considerable premium is absolutely correct. The purchase was unanimously approved by the shareholders at the last meeting, and names of the shareholders in a limited company, are, of course, public property: Yours obediently, Ashurst, Morris, Crisp and Co.
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