CO129-590-4 Hong Kong and Shanhai Bank- temporary transfer of registered offices 4-2-1941 - 8-1-1942 — Page 16

d

OUTWARD TELEGRAM

[This Document is the Property of His Britannic Majesty's Government, and should be 16

kept under Lock and Key.]

54065741

до

F13823/13821/10

[CYPHER]

DEPARTMENTAL NO.2.

FROM FOREIGN OFFICE TO WASHINGTON

No.7152

22nd December, 1941

D. 4.5 p.m. 22nd December, 1941

Your telegram No.5843 [16th December: transfer of control of Hong Kong and Shanghai Bank].

We have under urgent consideration legal action necessary to enable Head office of this and other companies similarly placed to be formally transferred to London.

2. All accounts of Hong Kong and Shanghai Bank with American banks are understood to be in the name of New York branch of the Bank and operated on by officers of that branch. These officers will in future conduct such operations on instructions issued from acting Chief Manager in London, confirmation of whose position has now been received from the Chief Manager in Hong Kong through the Governor of the Colony, but it is thought that this change need not lead to any question arising as to power of New York branch to continue to operate on accounts held in its name in the United States.

•

3. It would however be useful for you now to establish contact with the New York manager of the Bank and report direct if any difficulty arises.

[INDIV. ] Copyrant. Treas (Mr. Young) Reference 1:0. 6th-

18th December. 1941 No. F 13823 /13821/10

With the Compliments

of the

of

For the attention

11. 5. Caine Eizgl.

Under Secretary of State Draft returned as requested,

for Foreign Affairs

The Under. Secretary of State.

Colonial office-

23rd. December, 194!