Scheme of Loan Redemp' tick Now Completed: Annual Payment] of Each Borrowing: A Board of Foreign Trustees Details of the agreement for the redemption of the loans contracted "by the Municipal Council of the ex-British Concession in Hankow, with payment of interest, have just be-ome available in Shanghai. In accordance with a resolution passed at the meeting of ratepayers of the exMunieipality, now known as the Special Administrative District No. 3, a board of trustees has been appointed consisting of the Commis-loner of Postal Services in Hankow (he Senior Consul being unable to torve), the Chairman of the Committee' of the Hankow Foreign <Ghambers of Commerce, and_the manager of the Hongkong & Shanghai Banking Corporation in Han-Xow. In these trustees will be vest-rented in order to meet existing. debentures as they mature; that it shall consist of annual cash payment calculated on the sinking fund at 6 per cent, interest, and that the Senior Consul, the Chairman of the Committee of Hankow Foreign Chambers of Commerce, and the manager of the Hongkong & Shanghai Banking Corporation be invited to act as joint trustees, and that the in-coming council be requested to take all measures to carry this: into effect."
Text read from the printed page and cleaned; old type leaves the occasional error.