239
Mortgage at the time of its execution
rung Wa Chun who signed
the Mortgage Deed being a British Subject born and resident in
Hongkong. sven supposing the coal to belong to Chou and not to
Kung, as the viceroy alleges, the bank, I submit, is entitled to
have the Mortgage recognised; for there is no Chinese law or rule
whereby any Mortgage of chatteis or effects, such as this, has to
20 through any formality or registration before the Chinese
Authorities. In Chinese law, it is only the Mortgage of land and
houses which requires registration; all other dealings are con-
-sidered ordinary commercial transactions between the parties
concerned.
I have etc.,
(Sd.) James Scott,
Consul-General.