At the official opening of the new factory extension last Thursday the Chairman,

Mr. Hector Grant,    welcoming everybody, announced that Harper

& Grant would     become a public company.

He went     to say that the management proposed to issue

a special class of share,    all the rights of an ordinary share

(voting rights, dividends, etc.)    could be bought and sold

by employees only, at a lower price    the market value.

Mr. Grant added that the directors wanted all the staff to share in 

they were sure would be the successful future of the company. He also pointed

  that it is important to keep a balance 

prudence and a spirit of adventure.

He finished    saying that with the help of all Harper & Grant staff,

success would be assured.


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