Japanese or foreign corporations, more than half in number of whose members or ex. feeutive officers, or more than half fof whose capital or in which more than half of the voting rights belong to foreigners or foreign corpor-sions of the Kind, specified in She preceding article, regal in accordance with provisions made in that behalf by Imperial Ordinance, as corporations of that try or countries to which the said foreigners or foreign corporations belong, and the provisions of the preceding article shall be applied 0
In the application of the presen, law, any part of a foreign country which enjoys legislative power with respect to land shall be regarded is a foreign country.
Where National Defence Comes In Article 4. The prohibition vf, lor the imposition of conditions or restrictions upon, the acquisition of rights in respect to land by foreigners or foreign corporations in. districts vital to the national defence may be enforced by Imperial Ordinance.
The districts coming under the Recignated by Imperial Ordinance. preceding paragraph shall
Article 5. The provisions of the preceding article shall be applied to Japanese corporations, more than half of whose members or executive Joficers or more than half of whos feapital or which the majority or the: voting rights belong to foreigners lor foreign corporations.
The Transfer of Rights Article 6. In case any person lor corporation ceases to be capable! of enjoying rights in respect to hand under the present law, he they shall effect a transfer of his or their rights within one year.
The disposition of such rights in case of the non-execution of the transfer thereof specified in the preceding paragraph shall Provided for by Imperial Ordinance.
The provisions of the preceding two paragraphs shall be mutadis mutandis applied to, the ease, in Wwhich the heir or other universal successor of any person, entitled to rights pertaining to land, are un-fable under the provisions of this Taw to acquire them. In this case, the period for transfer of the rights specified in Paragraph One chall be extended to three years.
Article 7. The date of coming into force of the present law shall be fixed by Imperial Ordinance.
Article 8. "The Edict No. 18 of 1875 and the Law No. 51 of 1910 are hereby repealed—Reuter's Pacific Service.
Tokyo, Mar. 16.
Tsingtao, Mar. 11, The possibility that Mar-hal Wu Pei-fu will attempt to retura to his native town of Penctai, near the northern tip of the Shantung pro: mentary, and not far distant. from Goto, is being viewed with ome here, It appears that friend of the former warved word that Marshal Wu was contemplating returning to the town of his birth and boyhood. Immediately the report spread like wildfire, Tt reached here this week, The local gentry are somewhat agitated by reason of the fact that they are of the opinion that the Marshal would go to his native village by way of Tsingtao, coming here by boat. They fear the consequences, believing that his presence here or elsewhere in the province would be a disturbing factor.
Simultaneously, it is reported in the Chinese press that the Igcal administration has addressed a m age to the Provisional Government fon the same point, urging Peking to prevent the possible arrival here of Marshal We Pei-fu. The administration is said to have informed Peking that grave consequences for Tsingtao might rise out of his coming here, Chang Chung-chang as Tupan The repo:! that General Chang Chung-chang would b: come Tupan Shantung, replacing General Cheng Shih-chi, an Anfuite, hax been favourably received in, many quarters of this province. General Cheng, the report has it, then would be sh: fted to Anhui, succeeding Gen~
Minister, dor chang as Tupen many societies and erg is said his appointment would towards realizing the si Shantung and visited his native village near Weihsien. Gossip has associated his mame with the Tupanship ever since that time.
Some organizations have actively taken up a campaign for General Chang's appointment. The Chair Iman of the Provincial Assembly hi tone to Mukden to secure the support of Marshal Chang Tao-lin. In. addition, the Shantung residents of Peking are actively ce-operating towards attaining the same object.
Text read from the printed page and cleaned; old type leaves the occasional error.