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to carry on the work for about three years, it is suggested that the endowment fund should be kept open for say three or even four years so that subscribers may spread their contributions over that period.
It is also suggested that the endowment fund be kept absolutely intact so that, in the event of the Home being abandoned or taken from us by some act over which we have no control,
to those who subscriptions can be returned, without interest, gave them.
To meet the sum required, I am happy to state that the Directors of the Hongkong and Shanghai Bank have authorised the Bank to subscribe $100,000 to start the fund for which, together with one individual subscription of $25,000, cash has already been received.
May I earnestly request that you will give this matter your kind consideration and advise the Secretaries on the enclosed form if you and/or your firm and/or any subsidiary companies you control will subscribe and how much and when it will be payable.
I would add that if you would care to discuss the matter further with me, I shall be only too happy to give all the information in my power.
Yours faithfully,
tu
Chairman.
Committee of Management.
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