TELEGRAPHIC ADDRESS: BONIFACE, LONDON.
ALL LETTERS TO BE ADDRESSED TO BRITISH BANKING CORPORATION, THE HONGKONG & SHANGHAI BANKING CORPORATION.
[CORRESPONDENCE DEPARTMENT.]
513
Hongkong & Shanghai Banking Corporation
R. H. Meado
Lombard Street
15348.
Assistant Under Secretary of State,
Colonial Office,
Downing St. S.W.
Referring to our interview of today about the amended Ordinance this Bank is seeking to obtain in Hongkong. I beg to point out the very strong position the holders of our notes occupy.
It appears to be impossible that any loss could arise to them through the suspension, or even complete failure, of the Bank. They hold very complete security as follows, viz:
1. A paid-up capital of $7,500,000
2. A Reserve Fund of $4,300,000.
3. Unlimited liability of our Shareholders as our note issues are far...
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TELEGRAPHIC ADDRESS
BONIFACE, LONDON.
ALL LETTERS TO ADDRESSTO
BRITTANCES HADE PAYABLE SO THE
FRONGANING & SHANGHP: BANKING CORPORATION
NGE TO INDIVAEVALS
长
• The Hon:
(CORRESPONDENCE DEPARTMENT.]
513
Honglang & Phanghai Bonking Trapidation
R. H. Meado BB.
Lombard Streek 15348.
¡REC?
Assistant Under Secretary of State>
Ser
Colonial Offices
Downing St. SW
>
Referring to our interview of today about the amended Ordinance this Bank is seeking to obtain in Hongkong. I beg to point out the
very strong position the holders of our notes occupy.
It
appears to ber impossible that any loss could arise. to them through the Suspension, or even complete failure, of the BBank. They hold very complete security follows, viz:
1. A paid up capital of $7,500,000 2nd A Reserve Fund of
$4.300.000.
ad
3rd Unlimited liability of our Shareholders
as our hote Issues are
A Q
far
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