Agreement Said to he Reached on Scheme of Reconstruction Paris, June 24.
The "Matin" learns regarding the negotiations for the reconstruction of the Banque Industrielle de Chine that an agreement in principle hag been reached and only a few points of detail remain to settled. The Ministers have approved the conclusions of the Commission which has been entrusted with the investigation of the Bank's affairs.
The hearing of M. Pernotte was when evidences was adduced, calculating the ult of the alleged irregular ¢ sion of his gratuity of Frs. 200,00 and of the Frs. 300,000 aliveed to have been improperly ceilveted. The statements of several of the directors were submitted, stating that they would never have voted the gratuity if they had known that it would be converted into taels. The Court further heard claims by shareholders in respect of holdings against M. Pernotte and equally against the directors, which the latter contested.—Reuter's Special Paris, June 27.
The recently appointed inter-Ministerial Committee has reached a decision favouring the restoration of the Banque Industrielle de Chine.—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.