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 Credit Information
THE COMMERCIAL BANK OF NEW YORK
5GE. Main St., Baz Shore, N.Y. 1170G |
Gentlemen:
Wilson & Co. Inc.
50 Liberty St, xxx, N.Y. 10005
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The above firm has been engaged in importing cotton goods for over twenty years, and has sufficient capital for their requirements. As far as we knew, all their obligations have been paid promptly.
We believe that because of their steady and sincere way of conducting business, they can enjoy a good reputation among the local wholesalers in our district.
Please note that this information is furnished without any responsibility on our part and should be treated in strict confidence.
Yours truly,
THE COMMERCIAL BANK OF xxx |
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| THE xxx EXCHANGE BANK |
Gentlemen:
We are pleased to report on the firm referred to in your letter of 20 May as follows.
The Haesung Ind. Co., Ltd. were established in 1950 as General Importers and Exporters, with an authorized capital of \100,000,000 fully paid-up. The net worth at the end of last year exceeded \150,000,000 about half of which is readily realizable. Their main lines are cotton goods, especially cotton sewing threads, shirtings and ducks. Their business policy has been very active, and they have many connections both at home and abroad.
They have maintained a current account with us for more than ten years, always to our satisfaction and their latest financial statements show a healthy condition.
We are of opinion that they may be rated as AI and you would not run the least risk in opening a connection with them.
For this information, we do not like to accept any responsibility, but, we shall be pleased to be of any further service to you if you require more details.
The enclosed note shows the charges which we have paid on your behalf, for which we ask you to settle soon. |
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Your very truly,
xxx Exchange Bank
Manager |
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