504
104
„3:91,lınqa ja [2
TOSLER
.11?
dub rond te 3.0% wov od rophones ni mi z mode'! je 99tLetra 'b
te volibdegiver art að en ar Lad [x500 1sdrupt svar voy,Jaal
nuk vd obwe vand nedt bad duida qoidaeque add ddiw naiv(groo
kalo mi jedi cedirid (emi?" pusgro? caradot masinenA-deiðind
Pentond ziedt to gruten and to duo vaisius reiðlesiītib add
wald vidimo viv feree ti svon kluba emagrob dade doide,eni“? mi
ere deve÷10 (Inari nam!) =sinegret amido vit to nðns:stiuper
ng to loijgen zeiðin. Leidande.re ban [rety of sa VIEI
mivip scat ad dipan. Izannah-ai-1-b40, nitrama de yung
Huzet 'encrio' Sitité od vodeoil inet, os 19moq rajatail"
a foes to deeropanez edo miest cj,oses bevorage yns ai
stras deiðir?-non ni 18..
Could) vazaret o macet (HOITOPA-destÌTE ONT
le ans
Mag 16 Đáy od vreddaf 7T19:j vd sved
aleerad stå troi spadne a +
PorqŅŠ TUOZ Tol,beliadab -isome adi ise yun,red add to (andnes Ear dastxgenan [egt lið
3000" of ledomodt mottamistyres muido vzeit
+
-
157 ,1{snym ddim
estasqro” vicApart et le (ZA) sloidTA TO -nag odd li Janesh no” of enrgoof art de vedek, an odd retsmert
t
* Le
abem el3809
Josbau I 008891
abrony til ne 9,30 kilo wedi avor! N
491/10 (Jascknora) reinsg500 enid, add to multiven z doim noqu
to en els to lisnuo0-Nİ
Tecaraib Aloe il VIPENJU. Vi no arid
ni vari
A1
j, famtroo
IS
Supreme Court, referred to in my despatch to yourself of 16th March last, have terminated by a judgment of the Court in favour of the Plaintiff British shareholders in the Company, and the Company is now in course of voluntary liquidation, whereby the interests of the British shareholders will be protected and the interests of the Japanese shareholders given their due weight, and no more.
Fortunately the 'China' Companies affected by the new Order-in-Council (with the exception of a few companies as to which there were reasons for allowing a reasonable delay to comply therewith) had already taken steps to transfer their management into British hands, or liquidate, before the idea that there might be an Amending Order providing for licences allowing a con- tinuance of non-British control got abroad; and I have heard of no case of real hardship or damage to legitimate interests being done thereby. Had there been a prospect of evading the new Order- in-Council, many companies then under non-British control would, I am sure, have made out apparently good cases for exemption. The Chins Import and Export Lumber Co.,Ltd. would have said, with much truth, that their then General Manager, Mr. C. D. Seitz, as one of few men who knew the lumber trade of the Pacific coast of America, whence the Company get their lumber, absolutely indispensable; and that if he ceased to be Manager the business of the Company and the interests of its British share- holders would seriously suffer. The management of this Company, and that of many others, has, however, been duly transferred to Messra, Arnhold Brothers & Co.,Ltd.
was
The Shanghai Life Insurance Company Limited, the Com- pany which for British prestige, it is most essential to have removed from the British register, would, if exemption were possi- ble, have pleaded, truly enough, that if it were known that official steps were being taken to have it wound up as not under British control, a panic would have ensued amongst its Chinese policy holders. This is in fact the plea upon which no proceedings
have