The Archive · 1926

Company Without Business

Mr. Brown—It will be proved, and he will produce his certifiats of Spanish protection'.

'The Spanish hi company never had' any business whatever, not a cent of capital, and, indeed, it never had anything. If was just a name. There were no shareholders, no assets and no officers.

Counsel continued that $59,000 odd! were subscribed for the other com any and pat on deposit in various Chinese banks. Mr. Kentwell wrote these banks, to some extent authorizing the banks to part witl these deposits and some money was aid over. Later legal proceedings were taken in the Mixed Court, an order was made and the banks paid, partly to defendant and partly to Ar. Gonzales, Spanish Commercial Attache, Subsequently when a_ deadlock scourred between plaintiff and defendant as to a settlement, plaintiff consulted Messrs. Fessenden Holeomb and there followed "a fierce and acrimonious correspond. ence" between that firm and Mr, Kentwell. "In an attempt to recover his money, plaintiff brought actions in Sranghai, Soochow and Peking and Jost them all. For this he blame: Mr. Kentwell exclusively, for not reducing the necessary evidence to support the claims.

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

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