HONG KONG AND SHANGHAI BANKING CORPORATION.

Authorised Capital, .........$60,000,000

Laskod nas rally raid-up... $30,000,000 Bezerra Funds:-

Sterling is £6,000,000 KELTAT

$13,500,000

Beativo Linbility of Propeloton,,,#20,000,000

READ OFFICE: HONGKONG.

COUNT OF DIRECTORES:- Lion, Kr. D. Ch, M. Romant,

Chairman.

.A. II. Compton, Kit Deputy Chairman.

W, H. Kell, Znj.

N.. Brown R

A Microwo, Yar

. . Mackle, Baq'

AMOY

H. P, White, Kaq,

行银商工法中

BANQUE FRANCO-CHINOISE pour le

Commerce et L'Industris (Incorporated in France).

5, Chater Road, Victoria, Hong Kong.

HEAD OFFICE: 74, Bus 3t. Lazare, Parts.

Capital Kully paid up....Frs.50,000,000 | Special working capital..Frs.50,000,000 Reserves Fund

.Frs.15,304,065

W. i. Paitonden, Baq.

T. 0. Worli, B#4,

Paris

Pezing

Baige

Touranc Vinh

Chief Mag

Hon. Mr. A. C. 17y.

ANOKOR

BATAVIA BOMRAV

DALCUTTA

CANTON

CHRPOO

COLOMBO

DAIDER

JODQUOW

GAIPHONG

HAMBURG

HANKOW HAUHIN.. HONORKY ILUILO

IPOU

JOHORI

KUALA

LUMPUR

„BRAKCIZE:-

LONDON

LYONN

MAJACOA

MANELA

MOUKDEN

NAGASAKI

NEW YORK

PEKING

PKNANU BANJOON

BANON

SAN FRANCIь00

SUANGHAI SINGAPORE SOURADATA: JUNGEI PATANI TIETHIN

TOLTO

TSINGTAO

VOKOILAMA

Overeat Accounts opened la Local Currency and Fixed Deposits racolved for a year of shorter periods is Local Currenty and Sterling on termi which will be quoted on application

Hong Kong, 8th September, 187,

HONGKONG SAVINGS BANK.

The Businger of the above Bank is con. ducted by the 11ONOKONG AND BHANGHAI BANKING DORPORATION. Balm may be golatosit on application.

FO THE HONOKONG & SHANGHA BANKING QURPORATION.

1. С.. Пупев,

Chief Manager

long, 1311 September, 192%,

BANQUE DE L'INDO-CHINE.

HEAD OFFICE:

BC, Boulevard Haussmas, Paris.

Subscribed Capiti... Fra 2,000,000.00

Pald-Up Capitel

Reserve Fund

Fra.68,400,000.00 ....Fra.89,884,619,10

BRANCHES:

Bangkok Hanci

Pondicherry

Battambang Hong Kong Balgon

Cantho Mengtze Shangha!

Centen Nan Đinh Singapore

Dibouti Noumea

Fort Boyard Pupecte

Haiphong Peking

Tientsin

Tourang Vinh

Baskow Prom-Pank Youuni

BANKERS:

IN FRANCE: Comptoir Nationa! d'Escompte de Paris; Credit Lyonnais; Bazgue de Paris et des Pays-Bas; Credit Industriel et Commercial; Societé Generale.

IN LONDON: The National Pro- vincial & Union Bank of England, Ltd.; Comptole National d'Escompte do I'aria Credit Lyonnais.

BRANCHES: 2yons Marseillen Shanghai Tientsin. Haiphong Hanoi

Pnom Panh

SAN FRANCISCO:-Bank of Italy,

THE CHINA MAIL,

"MOST IMPROPER.”

SCATHING CRITICISM OF CREDITOR.

xxx.com

COMMERCE

AND

FINANCE.

MONDAY, FEBRUARY 6, 1928.

MOSTLY “BAD.”

TRADE REPORT FROM

KONGMOON.)

- ALL ROUND DEPRESSION.

LOCAL CYCLISTS.

VOLUNTEERS TO HOLD TRIAL.

RELIABILITY TESTS,

(Specially Contributed.)

A. Canton Scholarship, a Continuing (in reply to ques- tions by the Official Receiver), debtor stated that his father was a-Hong Kong man. He died here and left no property of any kind. Debtor, was able to go to Edin- burgh University through win- ning " Canton Government

Pakkai (Kongmoon), Feb. 4. |ly right in so doing. It appeared years.

scholarship of $2,000 for five

Less than 60 per cent. of the to be an attempt at blackmail and

shopa of Kongmoon efty have ro- If the present plans of the Motor His Lordship: You must have opened since China New Year, the Cycle Section (Armoured Car Co.) was a most disgraceful procedure.been a wealthy man at Edinburgh remainder closing on account of of the Hong Kong Volunteer Corps His Lordship then called on as there are not many with difficulties brought about the Gov- go forward, and there is no reason Mr. Xavier for an explanation.

$2,000 there. ·

ernment banknote crash and the to doubt that they will, the Colony Letter Admitted.

Debtor further stated that he accumulated extortions of labour will see

an entirely new sports Mr. Xavier admitted that the had been married for twenty-six unions. The local bankers were to gathering en March 11 when it is

·CENSURE BY C. J.

letter was written by him and years and had ten children. He have resumed to-day but business proposed to hold a motor cycle re- that he had originally assent-had a house in Hong Kong but ping service is working as usual.

is dull. However, the river ship- liability trial. Severe censure was passed by cd to the composition but stated this was mortgaged for $42,000.

Such trials are becoming in- Sir H. C. Gollan, Chief Justice, that he approached the Official There might be a slight surplus here can be summarised

Expert views on various trades creasing by popular at Home and in BANKERS:

at the Bankruptcy Court on Receiver. subsequently and told on that mortgage. He had no low:

us fol- other parts of the world and the FRANCE:oclate Generals, Banque Saturday on the conduct of Mr. him he could not assent. He re-property of any nature other

value of them is recognised every-- Nationale de Credit, Banque de J. M. Xavier, one of the creditors ceived a letter from Lee and Russ than that. Two of his sons were struction work.

Sand dealers; bad,' t o little con- where. They provide useful data Paris et des Pays Bas

of Dr. T. F. Woo who was public on January 28 calling a meeting of educated in England, one in Lon- before and after China New Yearing standard of those who take for the manufacturers of motor LONDON-Midland Bank Ltd.

Fur: abnormally warm weather cycles and also improve the driv. NEW YORK:-American Exchange ly examined in bankruptcy. the creditors and asking him to lon University (he had since re-

Irving Trust Co.

"You have behaved disgrace-attend. He did not attend but turned) and the other was still

unfavourable.

part in them fully," said His Lordship to Mr. that night Mr. Russ's clerk, studying industrial chemistry at large, adverse.

Rice growers: imported stocks also provide unusually keen sport

In addition they.. Xavier, in trying to go behind debtor the backs of the other creditors creditor called at his house and

himself and another Leeds.

of a valuable and thrilling order. Kice mills: bad, on account of Some of these trials necessitate Asked how he was able to keep labour troubles. and get special terms for yourself asked him to agree to a scheme the son at London University

continuous driving over hundrada Chicken farmers: epidemic owing of miles of road but unfortunately after having agreed to a decision for the payment of a dividend of from 1923 onwards, debtor stated to bad weather. on the lines proposed."

the geography of the Colony is ten per cent, as full settlement,

Geese farmers: epidemic owing to auch that a trial on these lines is His Lordship continued that certain dates being given for in- that he was getting a better in- although Mr. Xavier's conduct did stalments and certain prominent

come from his practice. This bad weather.

impracticable, Brick and tile merchants: owing not amount to legal blackmail it Chinese gentlemen's names being could no longer afford to keep him to lock-out by wood dealers, these ample scope for a really interest- son he had taken away as he

However, the Colony provides was conduct of the most repre- given as guarantors for the pay in England. The son at Leeds little business.

were indirectly involved and did ing trial and when the course over hensible and most improper char-ment of the instalments. A re- acter and he had better he care-solution embodying these terme was able to keep there owing to

Oll: fair, prices ame as at China local run is made known it will be which it is proposed to hold the Incorporated by Royal Chater, 1858. |ful.

had already been agreed to by been granted by a cousin of his

a loan for this purpose having New Year. HEAD OFFICE: LONDON.

seen that Hong Kong can provide Oranges: fair. Observing Mr. Xavier's at other creditors.

Dried (oiled) duck: Good demand roads to enable a successful trial.

sufficient "rough stuff" and decent Paid-up Capital

.£8,000,000 | tempt shortly afterwards to con- Reservo Tund ...

£4,000,000 verse with the "Sunday Herald" and reminded Mr. Xavier that he

His Lordship here interrupted wife's in London. He was com-

pleting his course. within six owing to shortage of chicken and of this kind to be held in the Reserve Liability of Proprie-

representative (Mr. Xavier wish-was demanding an explanation as tors

Colony. At the moment a propos.

· -· · · · · · 28,000,000

Palm leaf dealers: auffered very ed course has been mapped out ed His Lordship's comments to be to why, after having agreed to the while Dr. Les was away, debtor heavy losses owing to decreased and this is now being investigat

Questioned as to his earnings Agencies and Branchen:

omitted from the Press report) composition he went behind the stated that the takings were industry in the Sze Yap. Exports general organisation." MADRAS

consumption. This is the largest ed by those responsible for the His Lordship commented: "It is backs of all the other creditors no use you trying to 'square' the and tried to get special terms for about $8,000 a month. The ar- are made to various parts of China rangement was that Dr. Lee was and many countries abroad, run- Preas, Mr. Xavier, although I can himself.

Not a Speed Test. This is, in itself, a difficult mat. quite understand your feelings of Mr. Xavier stated that he had paid $400 a month and debtorning into millions. Three hundred ter, as for the purpose of instal- anxiety about what I have said afterwards told the Officer Relook the rest, after paying ex-workers unemployed to-day-Our ling the necessary checks, the and what has been disclosed by the Official Receiver (Mr. E. L. Agassiz) réceiving publicity."

The full report of the case in question is as follows:-

Every description of Banking and Exchange Business Transacted. Cor- respondents throughout the world

A. ROLLIN,

Manager. Hong Kong, let January, 1828.

THE CHARTERED BANK OF INDIA, AUSTRALIA & CHINA,

ALOR STAR

(Malay Beates

AMHITHÁN

BANUKOK BATAVLA BOMBAY CALCUTTA

CANTON

CAWNPORE CKBU

HAIPHONG

COLUMBO

DELIT

BAMBURG

HANHOW

RONG KUNG

ILOILO

IPUL

KARACH

KLANG

KOME

KUALA KANUBAB

Puruk, (F,3,4)

KUALA LUMPUL KUCHING

MANILA

NEW YORK

PEKING PENANG PESHAWAB BANGUON BAIGON SEMARANG SKILEMBAN BHANGILAT HINGAPORE BOURABAYA TAIPING (F.M.,)

TAVOY

TIENTSIN

TUKYO

TUNGKAI (Bhuket). THINOTAU

YOKOHAMA ZAMHUANUA

יי

months.

geese.

ceiver he would not accept the $1,500 and $2,000 a month at

penses. He averaged between own correspondent, scheme.

that time.

Not Legal Blackmail, But

$90,000 Liabilities. His Lordship called Mr. Xavier's attention to the fact that he had

In reply to further questions On Dr. Woo's name being call- agreed at the meeting and, after debtor stated that the whole of his ed, the Official Receiver stated further hesitancy on the part of about $90,000, were incurred liabilities, which amounted to that before proceeding with the Mr. Xavier, His Lordship com-through share transactions. He (Philippine Islands) public examination there were mented as follows:- Foreign Exchange and General Bank-certain facts which he wished to "The fact of the matter is that started speculating in shares at

bring to the notice of His Lord-you have behaved very disgrace Porosit at sales which will be quoted been held on January 12 at which vantage over the rest of the credi- Deposits received for 1 yet: or shorter ship. A meeting of creditors had fully indeed, trying to get an ad- practically all the creditors were present, among them a Mr. J. M. Xavier, a very large creditor whose claims amounted to $33,000.

ing business transacted,

Current Accounts opened and Fixed

on application.

Manager.

J. R. GEORGE,

Hong Kong, 5th January, 1928.

THE BANK OF TAIWAN, LTD.

(TAIWAN GINKO),

HEAD OFFICE:-Taipeh, Formosa,

Incorporated by Special Imperial Charter, 1899. IN NEW YORK: J. P. Morgan & Co; French American Banking Cor- Central Bank in Formosa, . poration; Guaranty Trust Co. of New Bank-Nates Issued 12:t.

IN TURKEY.

TRADE TREATY WITH SWEDEN.

RUSSIAN MONARCHISTS.

.

course must be traversed several times, measured and timed,

It is desired to make perfectly clear that this reliability trial will not be a speed test.

There will be no question of one machine trying to race another to a certain point. On the other hand a modest speed limit will be set for the entire course and by a system of cheeks competitors will be penalised if this is exceeded. The trial will not prove what

the end of 1928, making a little

was due solely to his gambling in merce and navigation has

Constantinople, Yesterday, at first hut losing very heavily in the 1925 slump. His bankruptcy A Turco-Swedish treaty of com-speed certain machines are cap- tors after having agreed to accept

been able of. It will only prove the re- composition on the lines proposed shares.

signed. The period of grace for liability of the machine and the I think the less you say about the

Asked what dividend he could the stay of Russian monarchists in efficiency of its rider. matter the better. It is not legal gay, debtor stated that out of his Turkey is due to expire to-morrow

Police Assistance. blackmail but it is conduct of the $700 a month, allowing for fami- and has been extended for another

year.-Reuter, most reprehensible and most im-ly and other expenses, he thought A scheme for composition was proper character and you had bet he could pay about $200. discussed, continued the Officialter, be careful. You can sit down The Official Receiver then in- Receiver, and the original pro-now. posal was put to the meeting and enough."

ther to ask debtor. lost, Mr. Xavier voting against it. Following Mr. Xavier's advances

Professional Status.

Various paths and trucks to be found In many places in Hong Kong.will be utilised. The Police Department is giving every assis- The Yuen Yun 8. Co., Ltd. with secured to use paths which, in the tance, permission having been French Concession, Shanghai, is ined to motor traffic. Although some Mr. Xavier stated that he had The proposal was then amended, to the "Sunday Herald" repre-one or two things to ask debtor process of formation for the trand-jof these paths will be included in

portation of goods the final proposal being for the

In reply to Mr. Xavier, debtor Yangtaze river.

along the the course this does not mean that payment of a composition of ten

admitted that if he became a at $600,000. The general manuger it is being carefully onto

It is capitalised

the route will be a dangerous. one, Average amount Yer 45,000,000 per cent. in cash and to this Mr.

partner -with Dr. Lee he would is Mr. Wa Chung-lien. Xavier assented. The creditors

earn more money. But there

avoid all possibility of danger and BRANCHES AND AGENCIES: desired to arrange a composition

Dr. Woo's Affairs.

would have to be A certain

yet still serve its purpose AG A JAPAN:Tokyo, Yokohama, Kobe, on this basis but not under the The Official Receiver then open-amount paid in respect of the

course to test the reliability of the Every description of Banking and FORMOSA:-Giran, Kagi, Karenko, Court, the idea being, if possible, Woo, M.B., Ch.P., who stated that honest intention to pay as much Kee firm decided that, of that members of the Motor Cycle Sec-

supervision of the Bankruptcyed the public examination of Dr partnership. It was debtor's made. The partners in the Ming motor cycles entered.

The trial will be open to all avoid public examination he qualified as a medical practi- as possible.

account, debtor was to be respon- tion, Hong Kong Volunteer De- of that liability. The partners of all Europeans in the Colony.

I think I have heard timated that he had nothing fur- offices at No. 66 Rue Laguerre, ordinary course of events are clos-

Interest allowed on Current Accounts and Fixed Deposits according to arrangements.

Echange Business transacted.

Fate Deposit Boxes to let.

CH, LEM,

Manager, Hey Kong, 26th February, 1027,

NEDERLANDSCHE HANDEL MAATSCHAPPIJ.

INKTOSHLANDS TRADING SOCIETY),

BANKERS

Establico: 18.

Ees; Kong Ones :—li Quean's Most Contral

Authorized Capital ........................... ɑalkisə 154,000,000 PER,600,000) Fall Up Capital ............................................ Geildarm 85.000,000- (£6,506,070.) Barerte Fund siemens Chulidora 10,000,000- (£3.333 333.) Head Moo:-AMSTERDAM Eastern Head Omos:-RATAVIJA BLANCHES-Bradermasin, Fandoong) Bag-

bay, Calcutta, Okertben,

atd. dali, Djember, Diskjakarta'), Tbe “Kobe, Komiladja,

Haguo

3lar, Medan, Padang

Osaka.

to

sentative as to the report of His Lordship's comments being omit ted, His Lordship commented as reported above,

Tamsui, Toen, Helto, Taito. which would be detrimental to Dr. tioner in 1915. He was forty-six Mr. Xavier: But you say you sible for $280,000 in satisfaction fence Corps, the Flying Squad and at Edinburgh University which His Lordship: He doesn't say the Ming Kee took Tse Kwan-trial has been mooted in soveral

years of age and received training don't intend to pay.

A

Keelung, Makong, Nante, Shin- chiku, Talchu, Tainan, Takao, CHINA: Shanghai, Hankow, Amoy, Woo as a professional man,

Feochow, Swatew, Canton.

Certain facts, continued Mr. OTHERS: Hong Kong, Singapore,

Soorabaya, Semarang, Batavia, Agassiz, had properly been he entered in 1910, remaining so

luk's share and profits due to him quarters In recent months and Bombay, Calcutta, Londen, New brought to his notice by the firm there for five years.

Mr. Xavier put it to debtor and also took over the debtor's there is no doubt that there York, Dairon.

of Messrs. Lee and Russ (Mr. He was born in Hong Kong, that he had told him (Mr. Xavier) shares. LONDON BANKERS:

The arrangement was is suficient interest at the present The London County Westminster and of debtor).

Ruas appeared in Court on behalf continued debtor, and educated at personally that he was a partner that debtor should recover from time to ensure a satisfactory entry Parr's Bank.

In spite of Mr. Diocesan School, joining the staff in the firm of Lee and Woo. Tse Kwan-luk as much

It is expected that when the other as he Xavier having agreed to the com- of St. Stephen's College as a Debtor denied this.

could for himself. Debtor regard-there will be a large number of essential details are announced position he had, if the statements teacher. He also received medical

Mr. Xavier put it to witnessed Tae Kwan-luk as being indebt-local motor cyclists anxious to made to the Official Receiver training at the Hong Kong that he had told others that he ed to him for that amount and show the capabilities of themselves were correct and if the evidence College of Medicine, this being was a partner.

that was why he included this as riders and demonstrate the. re- available were correct, gone be before the University was built, Debtor also denied this. debt in his statement of affairs as liability of their machines. hind the backs of all the other and an organisation under the

Debtor's Income, creditors and had been pressing Alice Memorial Hospital.

*Tan Bank bas Corpondents in the Commercial Centres in the European Continent, Russia, Man. churia, Tsingtao, Japan, Indo-Chinn, Blam. In Pilipino Ilands, Java, Atrien, U.8.A.. Australia

Interest allowed on Current Accounts, Plaet Deposits at rates which will be quoted on | application, Deposits in Yeu ena be accepted

J. IHARA,

Manager.

8, Dex Vooux Road Central.

Mr. Xavier also put it to debtor the debtor to pay him, by a secret After qualifying at Edinburgh that he had told him (Mr. Xavier) HONG KONG BRANCH:

arrangement, whereby he (Mr. he went to London and joined the that his income since Dr. Lee's Hong Kong, 22nd September, 1927, Xavier) would receive sixty per staff of Brompton Hospital and return was between $1,800 and

cent. whereas the remainder of in 1916 he went over to France) $2,000. the creditors would only receive ten per cent.

Prison Threat Held Ont.

THE BANK OF CHINA. 行銀國中

Mandate of the Republic of China

Palembang Pokalagan, Pasang (Specially Authorised by Presidential

Penilanak, Rangoon, Hulterdam í Samkrang), Bangla Bibolga

a), Boersbala, Boera- karta" (Halo), Tegal, Tillating and Weltevreden.'}]

↑ Tueue oficca liaro nato deposit boxes to lot.

on the 22nd of November, 1917).

Authorised Capital

Burden Baskın:-National Provincial Bank Ltd. Paid-up Capital

Correspondents all over the world

Manking business of vary

description trinsacted.

O. STERNUTRA

Maunger.

Deestory, 30th July, 1927,

LIMITED,

Rezerve Fund

Ltd

a debt of his (debtor's).

90 Miles Course. With this outline of the Official It is expected that the total Receiver, the debtor agreed. course will be about 80 or 90 Debtor was also examined as to miles long but this will include a Tse Kwan-lult's interests in other large stretch of the ordinary motor business and denied knowledge of be called upon to negotiate a fair

roada. Competitors will probably

with the St. John Ambulance Debtor denied this and main-certain alleged interests put toy steep hill on the "colonial sec

organisation. On his return to tained that he received $700 a him by the Official Receiver. England he joined the Ipswich month.

tlon" as the rougher parts of trial The Official Receiver comment-courses are known. In thin enap Of this, in addition to The Official Receiver referred General Hospital and remained family expenses, about $200 wented that debtor had known Tse the climb will be an observed one, to a letter which Mr. Russ could there until 1918 when he returned in interest on 'mortgage.

Kwan-luk very well over a period the official in charge at the point state was in Mr. Xavier's hand-to Hong Kong and joined Dr. S. F. At this stage, Mr. Xavier again of years and appeared. to know noting how each competitor makes writing in which Mr. Xavier Lee as an assistant. When Dr. Lee referred to the question of the little of his affairs.

the climb and taking his perform- B60,000,000.00 stated that unless the debtor went away from Hong Kong in letter which had led to the Chief Debtor admitted that certain ance Into account when the scores

18,278,600.00 agreed to pay him sixty per cent. 1923 he took over the manage Justice's censure,

0,629,425.24

maintaining of his losses in bankruptcy were of each entrant are calculated at he (Mr. Xavier) would not agree ment of the business until 1925 that although he had agreed to in respect of a certain property the end of the trial. There will HEAD OFFICE: PEKING. to the composition and would en- when Dr. Lee returned.

the scheme of composition at the mortgaged to Messrs. Scott and tore may carry off but detalls of be various awards which competi deavour to have debtor sent to No Existing Partnership.

meeting he had afterwards told Co. The losses were incurred by these cannot be given at the mo HONG KONG BRANCH:

gaol.

In reply to the Official Receiver, the Official Receiver he could not his standing security. 4, Queen's Road Central

Whether or not this amounted debtor stated, that he had never agree to it.

ment. After further questions, the cup open only to those in the However there will be a Branches and Sub-branches all over to contempt of Court he (Mr. been in partnership with Dr. Lee. TRE YOKOHAMA SPECIE BANK, China and Correspondents in Europe Agassiz) submitted that it was a He was always his assistant. He that Mr. Xavier did visit him but

The Official Receiver stated public examination was closed.

Motor Cycle Section, H.K.V.D.C., America, and other parts of the world.

A Hard Case."

but other cups may be put up for London Bankers: The National Pro- most improper and absolutely had been asked to join as partner all he said was that he would op- An order for adjudication was competition. vincial and Union Bank of England, unjust proceeding and he con with him but had never actually pose the composition scheme at granted on the application of the Fuller detalls will be announced

The Guaranty Trust Company of the facts before His Lordship be-

sidered It was his duty to bring done so.

the confirmatory meeting. Official Receiver in respect of la a few days, and entry forms His attention boing drawn to Nove Fork Bankors: The Irving fore proceeding with the public certain wording in his statement. Mr. Xavier had better leave the compradore to the ss. "Ling for Hong Kong and the new His Lordship commented that Tsang Kaam-chuen, formerly will shortly be made available.

The trial will be something National Bank.

examination,

of affairs as to "my monthly in-matter alone. It was quite clear Nam." His Lordship commented that come from my firm would be that he had agreed and then at- (At the public examination His Cycle Section of the Volunteers de- the Official Receiver was perfect- $700," debtor said that they al- tempted to get 60 per cent,

Lordship expressed the opinion taking the lead in the organisation serves hearty congratulation on ways talked about the firm as The public examination then that it was a hard case and that of an event which has proved its Lee and Woo, but it was not so closed.

the "Ling Nam" case was almost usefulness and popularity in prac THE BANK OF EAST ASIA, LTD.really. Debtor was only an assist

A $280,000 Debt. Ja tragedy. Debtor had served on tially every other part of the ant. There was actually no firm The public examination in two trips of seven months each world. There is no doubt that the although they had talked about bankruptcy was also concluded of on the "Ling Nam" to South event will be well supported as a possible partnership.

Chan Tee-cheuk whose liabilities America. On the second he had Hong Kong motor cyclists will cer- The Official Receiver comment are considerable and in whose not been paid by the owners fortainly be anxious to `demonstrate ed that the note-paper was head-statement of affairs is mentioned food, etc., supplied. The ship was the reliability of their machines.

Entry forms will be available in BRANCHES AND AGENCIES: ed "Lee and Woo" and there was an item of $280,000 which was seized and sold on returning here few days and intending 'competi. Melbourne San Francisco/4 joint bank account in the two stated to be due to debtor's estate and a large amount owing to tors are asked to postpone sending cames at the Bank of Canton. by a former, co-partner in a now him, about $32,000, had not been in their names until these are

Debtor replied that this was defunct Ming Kee ginseng firm paid.)

ready,

Established JBB0.

Capital (fully pald-up) Yer 100,000,000 Reserve fund ........ Yen 99,500,000

Head Ofce:-7OKOHAMA.

Branches and Agencies at: Alexandria.

Newchwang. New York.

Batavia.

lucaos Apres

Bombay,

Calcutta.

Canton.

Changebun.

Dairen (Dalay).

Osaka.

Peking.

Rangoon, Rio de Janeiro.

Saigon,

San Francisco.

Feagtlen (Mukden). Seattle,

Hamburg,

Tankow, Harbin,

Kong.

flopolala.

Kal Yoen.

Kazachi

Kate.

London.

Los Angeles.

Lyons.

Manlia.

Nagasaki. Nagoya,

Semarang. Shanghai. Shimanoseki. Singapore. Soerabaya. Sydney. Ticutalo.

Tokyo.

Talnaniu. Tainglas Vladivostok.

(Temporarily closed).

Interest allowed on G: vrent Accounts, Deposits received for fixed periods at reieu to be obtained on application.

H.MORI,

Hanager

KET 1922, 12 Exptember, 1927.

The Equitable Trust Company of Now York.

Interest allowed on Gurrent Accounta and Fixed Deposila. Terms on applica- tion.

Every description of Banking Busi-

ness transacted.

Loans granted on approved securities. Special facilities for Home Exchange,

SHOU J. CHEN,

Manager.

THE BANK OF CANTON, LTD.

Established 1012. Head Of Hong Kong."

Autherland Capital (EK, Currency). 11,000,000

Pull Up Capital ...............

8,004,200 130,000 BRANOERB L

Hankow, Swajow,

Canton, Bhangbali

Bangkok New York and San Francisco,

LONDON BANKERS. The Lloyd's Bank Limited.

CORERSTONDENZE.

Ip'ail principal gidan of, the World,

!

Foreign pobangs and banklag business of

· Svary damcription truncledajt

"Bile Deposit Boxes (parless slaan) at a yearly rental of "fryma (45 50 160, EMEA

LOOK POONG SHANAN Chief Manager. Hong Kong, 19th February, 1927,

HEAD OFFICE: HONGKONG. 10, Des Voeux Road Central, Hongkong. Authorized Capital .$10,000,000 Paid-up Capital

5,000,000 Reserve

1,200,000

Batavia Bombay Calcutta Canton Haiphong Honolulu Kobe

Nagasaki Seattle

Osaka Paria

New York Semarang Singapore

Eourabaya

Peking

Fenang

Sydney Taipeh

Tientsin Tokyo

Kowloon Rangoon London Saigon Manila Shanghal

Correspondents in all principal cities

of the world ar

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KAN TONG PO

Chief Manager. Hong Kong, 21st March, 1827, 2

:

KOREAN REDS.

Tokyo, Saturday.

It is learned from Korea that

for convenience sake. He had no in which debtor had been interest At Saturday's hearing, the authority to draw any cheque on edundance Official Receiver said that there that account and in fact had never. The position from information had been no opposition to the drawn a cheque on that joint ac now available, continued the scheme of arrangement within count which was now closed. Official Receiver, was that the fourteen days of conclusion of Whilst Dr. Lee was away debtor sum of $850,000 was advanced in public examination... Debtor had was authorised by him to sign a lump sum to Tse Kwan-luk, a paid over the sum of $700, the police have arrested "83

Pressed on the point, debtor repartner mentioned at the previous this was a very exceptional case. some women, at Seoul. in his shsence from the Colony partner in the firm (this was the His Lordship commented that Korean Communists, including mained firm that since Dr. Lee's hearing as having lost in specu-The debtor's misfortunes were As the result of a domiciliary return in 1925 he had not drawn lating in "double eagles-gold due solely to adversity and he was search a number of incriminating a single cheque from the joint acs $20 pieces of the U.S.A.) Sub in no way to blame for his post documents have been reported as count in the Bank of Canton,sequently, other advances were tion.

seized Router

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