18 ED

A.

There may be seven directors, of whom the

Chairman (Mr. Sogo) and five others have been appointed,

and three auditors, of whom one has been appointed.

5.

As advisers to the Company representatives of

various leading Japanese business houses have been chosen,

comprising the President of the Osaka Shosen Kaisha, the

Chairman of the Mitsubishi Shoji Kaisha, and one each of

the directors of the Industrial Bank of Japan, the Sumitomo

Goshi Kaisha and the Mitsui Gomei Kaisha.

6. The objects of the company, as set out in the

Articles of Association and reproduced in the newspaper,

are:

Article 4. The corporation, with a view to bringing

closer economic relations between Manchuria and

China, shall be engaged mainly in the following

lines of business:-

(a) Export andImport trade with China, agency

and brokerage therefor;

(b) Direct management of various economic enter-

prises in China, mediation in the commencement

by other parties thereof, and investment therein;

(c) Business relating to or associated with the

foregoing.

The vagueness of these clauses makes it possible for the

company to undertake practically any type of business it

likes.

I have, etc.,

(Sgd) R. McP. Austin.

H.M. Consul.

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