The Archive · 1920

The Shanghai Cotton Mftg. Ca. Case

The case was continued in H. M.

Supreme Court on Monday, taking the form of a trial, before his Honour Judge Sir Havilland de Sausmarez, in which Mr. F. N. Matthews and other shareholders in the Shanghai Cotton Manufacturing Ca., La., sued the company for an injunction restraining it from selling the undertaking of the company to any other company not subject to the jurisdiction of that Court and receiving in compensation for such sale shares or other like interests in the purchasing company, otherwise than in compliance with the provision of Section 185 of the Companies' Ordinance. The case arises out of the scheme to sell the property of the Shanghai Cotton Manufacturing Ca., Ld., to a Japanese com-

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

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