On May 3, therefore, a petition was presented to the British Court here by the company for an order to wind up the company and for the appointment of the Official Receiver as Provisional Liquidator. An order was thereupon made on May 4 that the Official Receiver be appointed Provisional Liquidator with power to apply for the appointment of special managers of the business, of the company in China. On the same date an order was made appointing Mr. E. M. Ross special manager for China except Canton, and Mr. A. R. Lowe special] manager for Oenton with various powers relating to the fulfilling of contracts and carrying on of the business pending its winding up og set out in the order. In pursuance of these powers, Messrs. Ross and Lowe have employed Messrs. Holyoak, Massey & Ca., Ld., to assist them. In this connexion I may say that during May and June in Shanghai alone merchandise of the value of approximately one and a half million taels bag been cleared in fulfilment of contracts
Text read from the printed page and cleaned; old type leaves the occasional error.