CO129-510-1 Correspondence concerning securities held against note issues by various banking corporations 28-2-1928 - 16-10-1928 — Page 15

RECEIVED

Co

4-JUL 1928

CE

Telegram from the Governor f the Straits Settlements

to the Secretary of State for the Colonies.

Dated 3rd July, 1928.

(Received Colonial Office 12.22 p.m. 3rdJuly, 1928.)

15

Jor. 810/26

No. 511 The Hong Kong and Shanghai Bank desire to

substitute Singapore Municipal Stock for $1,885,000 local

war loan convertible 20th July as security for their

note issue. Do you approve. Similar arrangements approved

in your despatch No. 32 Hong Kong 2nd February, 1926.

Aured. At 7/7/28

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