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DAVID SASSOON & CO., LD.
C
O OF Y.
Jonclosure 8.
cc?
C O
8463
REG 16 MAR 1|
253
onan, Provisional Treasurer of Kwong Tung etc, appointed by Imperial
command, issue a notice for general information.
The matter in connecwiton with the levy of takes was submitted to
His Excellency Toang, late acting Viceroy of the Two Kwongs, who issued instructions to the effect that as complaints were repeatedly laid against merchant Leing Chiu Tong in his undertaking the manage-
ment of the license fees and as the management was unsatisfactory
it was proper that he should be suspended. Thereupon, I, the Trea-
gurer, in conjunction with the Tactal of Industry went more than
once to the General Chamber of Commerce to call together the raw
opium guild to discuss the course of action. Subsequently, ohui
Hung Yau, Jung Piu Tun and others, merchants of the guild, proposed
and prepared amended regulations and applied to undertake the manage-
ment. After thorough investigation had been made, a joint report
was made to His Excellency Cheung, the Viceroy, who verbally directed
that Chul Hung Yal and others, merchants of the said guild, be allowed
to undertake the management. An order was thereupon issued authori-
sing them to establish the Fuk Yuet company Limited and directing them
to commence (the payment of) the taxes and the collection (orbrees)
from the 1st day of the 1st moon of the 3rd year of suen Tung (30:1.11.)
Leung Chiu Tong, the merchant of the Kwong Yuen General offionassociation
should cease paying the taxes and terminate his management at end
of the 12th moon of the present year (29.1.11) a report was also
submitted (to the authorities) stating that circulars had been sent
to the local officials of various Districts for compliance.
All the above is on record.
Now the said merchants Chui Hung Yeu,Jung Pui Tun and others have fully prepared the sum or $80000, to be weighed at .7 (tael to the dollar) being advance deposit of the taxes and submitted two orders. for that sum for collection, they have also prepared concise and clear rules regulating the node of procaduro and regulations for