Tokio, 8th June.
An Imperial Ordinance has been gazetted authorising the formation in South Manchuria of a Railway Joint Stock Company with registered shares to be exclusively opened to Japanese and Chinese and their Governments for investment.
The company is to operate rail ways and coal mines and various properties attached thereto. It will have a Governor and Vice-Covernor appointed by Government, and directors and auditors appointed by the shareholders, The head office will, be at Tokio and there is to be a branch office at Talien, (Dalny). A commission ap. pointed by the Government will have charge of all affairs pending the organisation of the company, the capital of which will be 150,000,000 yen—Our own corres: pondent.
Text read from the printed page and cleaned; old type leaves the occasional error.