BOC MEMORANDUM, February 19, 1997

[ BOC MEMORANDUM, February 19, 1997 ]

HOLD ORDER

Effective immediately, all shipments consigned to MODERN PAPER PRODUCTS whether they are already at the port or are due to arrive are placed on hold order. Likewise, all shipments represented by WELLSCARGO EXPRESS BROKERAGE are also placed on hold order.

Any releases shall first be cleared from the Office of the Commissioner.

For strict compliance.

Adopted: 19 Feb. 1997

(SGD.) GUILLERMO L. PARAYNO, JR. Commissioner