19th October.
The meeting called by the Directors of the Chartered Mercantile Bank of India, London, and China, approved of the scheme put forward for reconstruction of the Bank; there were only three dissent tignts to the proposal, small committee was appointed to confer'with the Directors with regard to the new scheme and make
The Chairman stated that the London their report to a special meeting later.
agement were in no way to blame in matter of the recent frauds, and further id it was the intention of the Directors to bring new blood on the Board of Management, Several speakers censured the management xbroad and demanded a much stricter control over the various branches of the Bank in che East.
Text read from the printed page and cleaned; old type leaves the occasional error.