CO129-433 - Governor Sir May - 1916 [5-6] — Page 568

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From H. M. Consul General, Shanghai.

To Foreign office.

8th. April, 1916.

561

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No. 60.

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In regard to voluntary winding up and reconstruction of China Companise with enemy shareholders C. A. advises that shares in new Company (with or without option to take further issues) cannot be given to enemy shareholders even if new scrip retained to end of war.

C. A. considers that in accordance with

reconstruction resolutions enemy shares and 11 right☐ pertaining shares should be sold by liquidator and proceeds

paid into enemy dividend account.

C. A. refers to Robson . Premier 011 Company

and wishes telegran sent as matter urgent.

I have the honour to ask for your approval.

**** @vaď I

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