




Lloyds 1882 gives M31 for both J.D. Milburn and Wm. Milburn. The Liverpool Journal of Commerce also assigns it to Anglo Australian in 1885, omitting dots and making the ampersand shorter.
The Anglo-Australasian sources show a pennant. Griffin places dots between letters at mid-height and Reed at the baseline. The reported combination of two pennants into one rectangular flag in 1890 conflicts with the earlier 1885 portrayal.
The historical Red Duster pages showed a different flag version, later removed in favour of M808 throughout the site. Mertens cites the account of the pennants’ 1890 amalgamation; Sache illustrated both website versions.
M809 follows the Talbot-Booth, Ships & The Sea and Merchant Ships references.