CO129-435 - Governor Sir May & Acting Governor Claud Severn - 1916 [9-11] — Page 332

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at Singapore, having eatisfied themselves out of

in their actual porcession, forwarded certain

sum of about $5000 to Hongkong.

C. O.

56486orts

328

Riecke ard elke a REGE 24 NOV 16

We trust this arrangement will be ccrmidered ratiefactory

and we believe the British Creditors will agree thereto.

We think that the arrangement will eave e larps sur ir

costs which will, in any case, have to be paid out of the Estate,

whether or not the questier of lien le decided in cur favour.

In view of the present peritior under which the creditors will not be called to lose more thar sey 5% to get at the outside,

we think they will not sanction further proceedings which might involve a substantiel reduction of the dividerd, erd bearing this in mind, we deemed it adviesble to agree with the compromise ir the

interest of all the unsecured creditors.

We have &c.,

(ED.) Low, Bir pham & Watthews,

Liquidators,

Che. J. Geupp & Co.

The Honcurable

The Attorney General,