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VALÉRY FRÈRES ET FILS.

V156
image by Ivan Sache, 15 February 2004
V157
image by Ivan Sache, 15 February 2004

Both funnel-and-flag versions derive from Armements Marseillais, No. 17. Ivan Sache supplied the FOTW images on 15 February 2004. The document does not give a separate written chronology for the two designs.