CO129-510-1 Correspondence concerning securities held against note issues by various banking corporations 28-2-1928 - 16-10-1928 — Page 4

in San Francisis

would

10.

23/5

lie

a

cumbersome

othen

procedure involving

Z

Exchange

e

exfenses (wh.

ar

not explained).

U in

now

sufferted

that sovereigns

Pho

be

earmailed

at BHE on

behalf of ca.

Njection

and

it is

acceptath

4

not go

Leem

understood that

so so far.

The original Kesany

keasung

to affly, but for. says

The arrangement wil

Neasing - Khough he Hynes

dovo

ш

? copy of 4 4

Neary for Serous.

Two 8.

$

Under 5 13/21 of the 1866 Order

las

securitis

held against the

ordinary isève

have

tobe approved by the sos.

we approved of

Tu 810/26

The folding of 5th Debenture stock of the Singapore municipality,

in ceplacement of S. detto 7% bonds, which had

not

Can

cmficial guarantee, whereas the intyg

من

security wh. is

in

now proposed in replace

I think in this

Las

Keasury.

and

Case

if you agree

Lue

she consult

I will fr.

1000

*9/5-

1107

DFR To Treasury (u/c. 200m 30099/29, + 4 venell.)})

*

To Treasury (c. 8)

atome.

3ug6 22

2 MAY 1928