M#190 [ST HAD to nottalenatt
.ETATE TO YĦATLIONS
Translation of CODE Telegram
SECRETARY OF STATE.
GOVERNOR, HONGKONG.
Date 22nd March, 1915.
Trom
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„ZLEI „doraX NIOS ota¤
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TRUOJHAR
Consul-General at Shanghai has raised question of
desirability of imposing restrictions on local joint stock
companies with regard to transfer of shares to or from
enemy subjects resident in China and presence of such on
directorates. Please telegraph your views stating whether
you think such restrictions desirable and if so whether
with regard only to China Companies as defined in draft
China Companies Order-in-Council or to China and Hongkong
Companies or to all companies registered in Hongkong. As
to directors it might be sufficient to substitute for the
bare majority in 8th clause of draft Order-in-Council a
majority of two-thirds to one-third. Please report as to
this and any other solution that may occur to you and also
as to payment of dividends to enemy subjects resident in
China.
HARCOURT