London, Jan. 27.
Mr. Vladimir de Markozoff, vice-president of the Private Bank of Commerce of Petrograd and director of a large number of industrial undertakings, whose views on the reconstruction of industry in the Baltic Republics were pub lished some time back has given in an interview the following interesting account of the position of his bank, which like many other Russian Danking houses, has deposite in this country.
"Prior to the volution the Private Bank of Commerce of Petrograd of which I was the vice chairman had certain relations with Messrs. Baring Bros. whose interest in Russia are well known. We had deposited with that bank, a sum of money—relatively very gmall—and some securities, and now we are anxious to ascertain beyond question what is the ownership of these deposits.
"The Bank of Commerce was managed by five directors of whom I am one. We held ourselves over 51 per cent. of the share capital we, as usual were authorized in writing by the shareholders to carry on the business of the bank our authority was renewed at the annual meeting of the shareholders which was held regularly up to the time of Bolshevist rule, but, we have ascertained officially through the instrumentality of two Legations, has never been held since. According to the statues of the Bank, it is not essential for this, annual meeting to take place in any particular town, since these statutes do not mention any special place ay the headquarters of the Bank.
Text read from the printed page and cleaned; old type leaves the occasional error.