CO129-251 - Acting Governor Barker - 1891 [9-11] — Page 58

CO129 Colonial Office Hong Kong Records 理藩院香港檔案 All

Anfe

or

what

see in his ledger `shares he has, ac" will be

are

an advantage to the speculator. Second thought

proverbially often best and they may perhaps prevent a

making plunge to his utter ruin. "If the

"If the original

-a

vendor

of

company

man

50 shares in a

is unable to

deliver the identical

shares when the date

Comes

see the confusion.

This original

becomes a d

vendor

defaulter,

#

a

bankrupt. In bankrupty

worse niconveniences are

encountered than the

confusion mentioned here.

be adopted

Rules

may

in the trade which will

-fully meet the contemplated

difficulty.

difficulty.

may

vender

The

original be made always

to be vis avis the last

purchase. B in selling the 50 shares to c may

hand him the identical

contract he received.

e from

the original vendor receiving or paying

as the case may differences

peyingay

Bwill thus retire

the arena.

from

be

leaving & empronting

the original vendor. This process might go

on until

the contract note moveo

"on through the alphabet

L. Z then

and reaches

will be vis avis the original

vendor." In the event

therefore of the latters failing

to deliver the shares on due date the complication_

will not occur.

suggested will not

If

1

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