Partner in the Firm
AUCKLAND BOOK CO., AUCKLAND
11th October, 20……
The Manager,
Western Bank,
Auckland .
Dear Sir,
We wish to inform you that we are taking one more partner-Mr. A.S. Foster, S/o Mr. B.M. Foster in our partnership, from 14th October, 20….
The new account will stand in the Name and Style of AUCKLAND BOOK CORPORATION and will be operated individually by any of the partners, namely:
C.S. Foster
A.S. Foster
B.M. Foster
All amounts standing in the name of our old account i.e., Auckland Book Co., may be transferred to our new account, namely Auckland Book Corporation.
All cheques issues by Auckland Book Co, may please be paid out of the funds of Auckland Book Corporation.
A copy of our new partnership deed is enclosed for your information and records.
Thanking you.
Yours faithfully,
for Auckland Book Co.,
Partner
Note: The above letter is good so far as information to the band is concerned. In practice, however, all the three partners will have to visit the bank personally and sign fresh papers.