'The closing of the Shanghai Day Night Savings Bank and the Great' World Amusement Resort Savings Department in Avenue Edward VII, caused through the death of the founder, Mr. Wong Chu-c! has resulted in an order being issued by the Ministry of Industry to the Bureau of Social Affairs for Groater Shanghai to h: ld the shareholders of there two institutions jointly and wverally responsible, to an unlian extent, for the liabilities because neither of these institutions hav been registered with the National Government and they therefore are not limited companies in accordance ulations issued by the The announcement of the closing of the two banks following the death Mr. Wong, who was a well-known physician, merchant and has aroused much {Working class, so w dep: sitors' com-{mittee has been formed to get back every cent of their deposits.
The order of the Ministry of In-already: referred to. struct the local authorities I vestigate the altairs of the two Thanks. Likewise, steps must be taken to suppress banking institu-[tious which have not registered with the National Government but which claim to be limited companies,
Text read from the printed page and cleaned; old type leaves the occasional error.