Letter from a Shareholder Enquiring about the Company's Progress and the Likelihood of a Higher Dividend.
CONFIDENTIAL
14, Main Chowk
Rohtak.
Dated:____________
The Secretary,
Thompson & Company Limited,
Delhi.
Dear Sir,
I am a shareholder6f your Company for the last fifteen years and I have got as many as 800 ordinary shares. I have been offered 250 shares at a premium of 5% and I shall feel much obliged if you would kindly let me know the progress being made by the Company and the likelihood of any increase in the dividend in the' near future.
Yours faithfully,
J. Narain
Reply to Above
THOPSON & COMPANY LIMITED
Delhi.
7th April,
J. Narain.Esq.,
14, Main Chowk,
Rohtak.
7th April,
Dear Sir,
Thank you for your letter dated the 4th April.
I regret, in the capacity of a, Secretary, I am unable to give you the information. I am sure you will appreciate my position as in giving you any such information, I should be acting in a manner prejudicial to the interest of other shareholders.
However I suggest you to go through the latest Director's Report and the Balance Sheet and consult your stock brokers who may be in a position to help you.
Your faithfully,
for Thompson & Company Limited
Secretary
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