The Archive · 1928

Oriental Cotton Mill

Formal Meeting: Creditors to be Paid in Full: Mill not Sold meeting of creditors of the Oriental Cotton Spinning & Weaving Ca,, Ltd. called by the liquidators—Messrs. F. N. Matthews and B, M.

Webb—in accordance with 181 of the Hongkong Companies' Ordinances 1911, was held on Thursday in the Arnhold Building, 6 Kiukiang Road at 4.80 p.m. Mr. P.N. Matthews vided in the above mentioned section.

The liabilities were not extensive fand no doubt all creditors would be paid in full. Stocks were being disposed of quite satisfactorily but it was not an easy matter at this time to sell a big concern like the Oriental mill, In reply to a question, the Chairman said that future water and: electricity bills would come out of the liquidation expenses. There being no farther questions the meet ing terminated.

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

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