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been informed whether there was any prior charge on the assets. (The fact that all stock was pledged to the Bank was only elicited on the 28th January in response to a cable from London enquiring as to the secured liabilities).
(2) Pointing out that strong expectations had been held out in November to pay the Creditore in full.
(3) The Liquidators had seen fit in their cable to deprecate
the sending out of a representative by the London Creditors.
(4) That according to experiences of the Trade Creditors in London the chances of disposing of the business in Hongkong were obviously not favourable,
(5) Intimating that in the opinion of London Creditors their intercats had not been safe-guarded and information had been withheld.
(6) Intimating that if the stock were to be sacrificed at
a low price an effort would be made by co-operation amongst the London creditors to take over the business and conserve the demand for their goods which had been built up after very considerable labour and expense.
(7) Generally requesting full information.
(8- Pointing out that the Directors of Mappin & Webb could not entertain the suggestion to permit the liquidators(who had shewn the greatest incompetence in handling the situation from a commercial point of view) to transfer their agency without full
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