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Comments:
In the Phillips' Paper Trade Directory of 1923 a watermark described as 'Avalon Bond' is used by Pirie, Wyatt & Co. In the Phillips’ Paper Trade Directory of 1970 a watermark described as 'Avalon Bond' is listed as being made by St. Cuthebert's Paper Works. A handwritten letter, found on file: A7073 J85/1022 PART 2 12573165