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THE CHINA MAIL, APRIL 17, 1989
SOVIET APPROVES
ALHAMBRA ROOSEVELT INITIATIVE
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Boris KARLOFF Bela LUGOSI
SON of FRANKENSTEIN
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BONNIS PERAGAN · Banus Buzz • Béger Harian
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EVENINGS 202 106, 502 -102.
POSITIVE STEP FOR PEACE
Moscow, To-day.
The full text of President Roosevelt's message to Hitler and Mussolini is given prominence in the Soviet newspapers, though without editor- ial comment.
In political circles, the message is welcomed as a positive step for world peace, and as clearly de- fining the aggressor nations.
NEW SCHEME FOR BANK APPROVED
That the National Commercial and Savings Bank, Limited, suf- fered a loss of over $1,000,000 in the year 1935 was mentioned in the Supreme Court this morning when a petition, by Mr. Eldon Potter, K.C., instructed by Mr. M. K. Lo, on behalf of the Bank, sought sanction for a scheme of arrangement between creditors and several classes of members and the Bank; and for confirming a reduction of capital.
The application was granted by the Chief Justice, Sir Atholl MacGregor,
A
Mr. Poter stated that the new scheme, which had been passed, unanimously, by the creditors, was for an extension of time from six months to 12 months in which to pay the debts by Instalments due to the unsecured creditors under the old plan which was approved by the Court-in-1936.--
!
Although there is pessimism in regard to the response of Hitler and Mussolini, it is believed the # Soviet will be ready to participate in the proposed world conference. ¡
It is pointed out that Soviet policy has long advocated collective action by the peace-loving powers. Sir William Seeds (the British Ambassador) was expected to see M. Maxim Litvinoff (the Foreign Commissar) yesterday to the talks started on Saturday:
The results of the first day's
resume
Anglo-Russian talks have not been
disclosed.
ROOSEVELT THANKED
Kalinin, has cabled congratulations The Soviet Prime Minister, M.
and thanks to President Roosevelt
on his appeal to the Dictators. Roosevelt of "a very warm recep- M. Kalinin assured President
tion by the Soviet peoples, who are interested in the preservation of universal peace." Reuter.
STABBING CASE
At the request of Sub-Inspector C. T. Byron, Mak Kit, 40, was re- manded for 72 hours by Mr. Q. A. Á. Macfadyen at Kowloon this morn ing when charged with wounding his foki, Wong Ngai, in Pei Ho Street on Saturday.
The aim of the new scheme was to enable the Bank to carry on busi- ness and at the same time to gra-
Mak was alleged to have wound- dually liquidate debts. The Bank ed his foki in the chest with a but- was now paying the fourth instal-cher's knife when an argument en- |ment although, the creditors had sued between them.
agreed to the postponement..
"The complainant is in a ser-
The Bank, pointed out Mr. Potter, lous condition in hospital," added was doing its best to assist all the Inspector. concerned.
Mr. Potter, referring to the re- duction of capital of $5,000,000 to $1,023,080, stated that the prefer- ence share value were unchanged,, but the 257,410 Ordinary Shares were reduced from $10 to $1 each.
FREE-FOR-ALL IN PORTLAND STREET
sequel to a fight, one of
in which is still
ARMED
ROBBERY
Leung Mai-chung, 31, married woman, has informed the Police, that about 8 pm: last night, three men entered her home No. 22 Second Street, third floor, armed with fire- arms. A sum of $60 H.K., $80 in Chinese currency, and jewellery the value of $109 was stolen.
Mr. R. A. Rodger, of No. 581, The Peak has reported t
the theft of clothing ・ from his residence: yes, terday morning/
tere
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