Hongkong, whore business has been wound up
I the British Authorities).
? This should be referred to Preasry (not hof T
ра
I thought there wíko
cm: with the
defi
drons. Tranny shrug that some special person or depé- Tummary
and beew appontill to deal with the winding
N? 280.
43017
Rece
REGE 17 SEP 15
405
/
up of the affic off comptiollen
f
haucher of
şir,
every
trak, but I have not linsed it'
I think
Tel. 25/9/10:
I would also ?refer NoBs
Ds. for obson
The latter will be intwork
from the Claims pont of view.
сб. 27/9/15
1 Oct 15
At once Alc
29.9.15
GOVERNMENT HOUSE,
HONGKONG. 11th. August, 1915.
38273
Gent
peas 3020 Gand "Heav
With reference to your telegram of the 6th.
July, 1915, I have the honour to inform you that the greater part
of the contribution of £11,000 which it was proposed to take from
the funds of Messrs. Sander, Wieler and Company to the War Loan con-
-sisted of sale proceeds held for Messrs. Casella of Frankfort.
2.
The liquidators of the Hongkong and Shanghai
Banking Corporation have some reason to suspect that Messrs.
Casella may have been drawing against this money from the Hamburg
branch of the Hongkong and Shanghai Banking Corporation which is
under the control of the German supervisor, and the Bank, while
raising no objection to the investment of the money in the War Loan
requests that if it should turn out that Messrs. Casella have been acting as suggested, its moral right to reimbursement out of the War Loan stock or bonds, which will represent these sale proceeds,
should be recognised when the time comes.
3.
It is also possible that other meneys at present in the hands of the Hongkong and Shanghai Banking Corpora- -tion here may be drawn against at Hamburg, as cases have occurred
where the Hamburg branch of the Bank, no doubt at the dictation of the supervisor, has honoured cheques against securities and
balances held by branches in the Far East. I am, therefore, reporting the matter now, in order that the situation created by
THE RIGHT HONOURABLE
the
ANDREW BONAR LAW, M.P....
&c.,
&0..
&c...