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Sir,
HONGKONG & SHANGHAI BANKING CORPORATION.
9, Gracechurch Street, London, E.C.%.
6th August, 1920. E.
573
Dividends on Hongkong & Shanghai Bank
Enemy-owned Shares,
16 approached the Public Trustse in our letter of 5th January
last with regard to payments made by our Hamburg Office during the
war in respect of dividends on the shares of this Bank, Some of the
shareholders who received these payments were on the Hongkong and
Shanghai Registers. of the Bank, and in there cases the relative divi-
dends had been paid over ly our Offices there to the respective Cus-
todians of Enemy Property.
te forwarded our Hongkong and Shanghai Offices statements
of these payments prepared in the same form as those submitted
to the Fublic Trustee with our letter to him of 5th January last.
From a cable message just received from our Hongkong Office
we learn that no refund of dividends has yet been effected, either
in Hongkong or Shanghai, but that the Hongkong Custodian has tele-
graphed to the Authorities in London for instructions to enable him
to adopt the same procedure as that of the Public Trustee, London,
As you are amare, repayment of dividends to the extent of
229,454. 5. 7d. was made to us by the Public Trustee, London on the
10th May last, Ref. EH/TGK No. 1622, acting under your authority.
We should esteem it a favour if it could be arranged for a