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I am told that the Kalee Hotel Co. Ltd. has already held an extraordinary meeting and passed resolutions appointing a British clerk as liquidator and empowering the sale of the business as a going concern. Some other companies, in view of the impending legislation are likely to follow suit.

I have etc.,

(sd.) E. H. Fraser,

Consul-General.

His Excellency

Sir F. H. May, K.C.M.G.,

Governor,

Hongkong.

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