| Description | This envelope is addressed to Lord Penrhyn and contains correspondence from the Whinney, Smith & Whinney to Lord Penrhyn concerning a Memorandum by Mr. Paine relating to the conversion of the Penrhyn Quarries. Discussions in the letters concern the cost involved with the valuation of assets. There are also documents included in this envelope, the first titled: Estimated of Cost of Conversion of the Quarry and Shipping Business into a Company and the Issue and Redemption of Debentures’. The memorandum prepared by Mr. Paine is also included and is titled, ‘Penrhyn Quarries Memorandum as to Basis of Conversion of the Undertaking into a Public Company’. |