| Description | Letter to the Harbour Trustees: "Sir, in terms of public advertisement, interest on operative cash credit accounts, from and after this date, and until further notice, will be charged at the rate of four per cent per annum, with annual commission of five shillings per cent, on the amount of the arranged credit. When a cash account ceases to be sufficiently operative, the interest on the balance will be charged at four and a half per cent, and those that are called up 5 per cent. In your case the interest is charged at 4/- per cent and the commission is £12,,10/ on £5000. I am Sirs, your most obedient servant, H.P. Manager." |