The Archive · 1924

Enough Capital to Begin

Peking, June 13.

Mr. Sun Tan-lin, former Minister the Interior, who is forming a commercial bank. with a capital of '$20,000,009, to operate in the Upper Yangtze regions, and who spent the Dragon Festival holidays in Loyang with Marshal Wu Pei-fu, has left there for Hankow. It is understood that Mr. Sun has now an available capital of some $4,000,000.

In accordance with the usual regulations, with one-fourth of the authorized capital paid up, the bank will commence operations, which, it is expected, will take place in the early autumn. Mr. Sun will go to Szechuan and Kiangsu to make the necessary arrangements for the opening of the bank-—Reuter's Pacific Service,

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

Your account