CO129-341 - Acting Governor May Governor Lugard - 1907 [7-10] — Page 56

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

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Enclosure

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Translation.

54

Extract from the "Chung Kwok Yat Po" of the 10th May, 1907.

Taotai Wan forwards a Petition that something should be done to assist the Chinese Merchants in Hongkong at present have for the recovery of debts.

We learn that Wan Ho, Official Deputy in charge of the Imperial Telegraph Administration in Hongkong, has recently presented a petition to Viceroy Chau to the following effect.

Hongkong is the port where the Chinese and Foreign trading vessels usually call. Of recent years Chinese Merchants there have often, when heavily burdened with debt, wickedly taken advantage of the Hongkong Law which releases a debtor of his debts as soon as he is accepted as a bankrupt by the Court. When afterwards actions are taken by the Creditors to sue their debtor in the local courts in China, the Chinese Authorities dismiss the claims on the ground that bankruptcy proceedings have already been taken in Hongkong. In the interests of commerce therefore Wan Ho requests that a capable official be despatched to Hongkong to open discussion on this matter.

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82 1 You # (.52) Set on a VAN LII èпoшnevoð COPY. Enclosure a. Translation. 54 Extract from the "Chung Kwok Yat Po" of the 10th May, 1907. Taotai Wan forwards a Petition that something should be done to assist the Chinese Merchants in Hongkong at present have for the recovery of debts. We learn that Wan Ho, Official Deputy in charge of the Imperial Telegraph Administration in Hongkong, has recently presented a petition to Viceroy Chau to the following effect. Hongkong is the port where the Chinese and Foreign trading vessels usually call. Of recent years Chinese Merchants there have often, when heavily burdened with debt, wickedly taken advantage of the Hongkong Law which releases a debtor of his debts as soon as he is accepted as a bankrupt by the Court. When afterwards actions are taken by the Creditors to sue their debtor in the local courts in China, the Chinese Authorities dismiss the claims on the ground that bankruptcy proceedings have already been taken in Hongkong. In the interests of commerce therefore Wan Ho requests that a capable official be despatched to Hongkong to open discussion on this matter.
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82 1 You # (.52) Set on aVAN LII èпoшnevoð COPY. Enclosure a. Translation. 54 Txtract from the "Chung Kwok Yat Po" of the 10th May, 1907. Taotai Wan forwards a Petition that something should be done to assist the powers Chinese Merchants in Hongkong at present have for the recovery of debts. We learn that Wan Ho, Official Deputy in charge of the Imperial Telegraph Administration in Hongkong, has recent- -ly presented a petition to Viceroy Chau to the following effect. Hongkong is the port where the Chinese and Foreign trading vessels usually call. Of recent year Chinese Merchants there have often, when heavily burdened with debt, wickedly taken advantage of the Hongkong Law which releases a debtor of his debts as soon as he is accepted a bankrupt by the Court. When afterwards actions are taken by the Creditors to sue their debtor in the local courts in China, the Chinese Authorities dismiss the claims on the ground that bankruptcy proceedings have already been taken in Hongkong. In the inter- -osts of commerce therefore Wan Ho request that a capable official be despatched to Hongkong to open discussion on this matter.
2026-06-04 21:00:22 · Baseline
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82

1 You

# (.52)

Set on aVAN LII èпoшnevoð

COPY.

Enclosure

a.

Translation.

54

Txtract from the "Chung Kwok Yat Po" of the 10th May, 1907.

Taotai Wan forwards a Petition that something

should be done to assist the powers

Chinese Merchants in Hongkong

at present have for the

recovery of debts.

We learn that Wan Ho, Official Deputy in charge

of the Imperial Telegraph Administration in Hongkong, has recent- -ly presented a petition to Viceroy Chau to the following

effect.

Hongkong is the port where the Chinese and Foreign trading vessels usually call. Of recent year Chinese

Merchants there have often, when heavily burdened with debt,

wickedly taken advantage of the Hongkong Law which releases a debtor of his debts as soon as he is accepted a bankrupt by the Court. When afterwards actions are taken by the Creditors to

sue their debtor in the local courts in China, the Chinese Authorities dismiss the claims on the ground that bankruptcy proceedings have already been taken in Hongkong. In the inter-

-osts of commerce therefore Wan Ho request that a capable

official be despatched to Hongkong to open discussion on this

matter.

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