SCHULTE & BRUNS GMBH & CO. K.G.
image by Jorge Candeias, 18 March 1999
The yellow-over-blue flag is associated with the Papenburg firm; the letters are described as outlined black. Earlier discussion suggested an inland-navigation version or separate divisions. Klaus-Peter Bühne’s later explanation assigns yellow and blue to Christoph Bruns’s Papenburg company from the partners’ separation, dated in that account to 1893.