CO129-430 - Others & Individuals - 1915 — Page 123

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Copy of malesures from the Hongkong General Chamber of

Commerce.

9th. September, 1915.

118

pno té beð stojenë TAT.

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•MING SNS ni mitat lupki at azer 27 yra në

Men #I

-ELLUYAS NA? onunY

(b)

IZDA

人

I am directed to plade before you 'the views of

the summittee to this Chamber en the subject of the maANOT

in which the liquidation of the German fims in this Colony

is being directed by the Hongkong Government' through the

various Idqui daters.

*

In the first place it is now over a year since the

was started between Great Britain and Germany and it will

be a year at the end of next month since local Germans were

玲 intered and thier businesses but inte liquidation.

I am te paint this out as gmerally speaking year is CRA-

menly regarded as a reasonable time in which to wind up the

affairs of chocased persons, bankrupt Butatenyand Company

Liquidati omm. Bometimes this is impossible at the ti

dency of British law and public opinion is tejâmpresa en

Executers, Administrators and Liquidators the desirabi li ty

of completing their duties within er as near to such a date

ne is here indicated,

!

1

The Committea de not see why the usual advantages

fellowing such an obligation should not be impressed en the

Tiquidators of German firms er that offerts should mot be

made te di sabuse in their minds the impression they appear to be under that the Hongkong Gevemment is adverse to say musing activity or keenness in this direction as is evideosd-by-

orders ourtailing the usual powers of Liquidators.

oednection it is interesting to note that British ersc

letters are new being ressived in, which it appears the

assume their debts will be paid off as the liquidatiem year

,,

It has been pointed out to the Committee

difficulties have been placed in the way of Liquidators

realising other assets than trade goods such as land,