The Archive · 1898

Gay Dah Bank

This was originally an action in which judgment was given against the defendants for Tis, 40,000 and $15,000 on account of nine disputed bank orders.

Mr. J. C. Hanson (Dowdall, Hanson and McNeill) appeared for the National Bank of China, and said: I have to ask your Honour to make an order in this case to arrest the partners of the Gay Dah Bank. An order was made by you against them more than a month ago, and although I have made applications to the Gay Dah Bank through Mr. Wilkinson who acted for them in the case, they have not so far paid a cash nor come to the bank to attempt to make any arrangement.

at Me, Scott—Hare they given no answer Mr. Hanson—Not at all. The partners are all wealthy people, one of them is Kno Chen-chai, Compradors to the Shanghai Sille Filature, Ld. and there are also Kao Chikching, Director Shing-chang Silk Ca., Ng and Ca., Chan Hung-shu, land broker, and Sen-ching, compradore to Arnhold, Karbeng Ho Yiit-shang, Manager Gay Dah Bank. They are all rich men well able to pay, and I may remark that they have arrested the old compradore of the National Bani: who I believe is in custody here for not paying a claim which they say they have against him, We are much more entitled to take such a course when they won't pay the amount ordered by the Court. No interest is being paid on the money which was really due on the 6th of December, and they have now had five weeks in which to obey the order of the Court.

After consultation with Mr. Scott, the magistrate ordered the runners to quaint the defaulters that unless the~ amount due was paid in a fortnight, warrants would be issued for their arrest.

Text read from the printed page and cleaned; old type leaves the occasional error.

Your account