Paris, Oct. 12
The reports of the experts to the examining magistrate in the Banque Industrielle de Chine affair, charging the directors with having declared fictitious dividends and with having maintained an insufficient reserve fund, are now answered by M. Paul Chautard on behalf _of himself and his ce-directors. He contends that Frs. 10,000,000 in the coffers of the Saigon branch, of which the experts did not take account, constituted a sufficient reserve,—Reuter.
The following gentlemen will compose the Board of Directors the reconstructed - Banque Industrielle de China, known as the Socité Francaise de Gerance de la Banque Industrielle de China, which promises to recommence operations within the next few weeks Chairman: Mr. Griolet. Chairman of the Banque de Paris et des Pays Bas.
Vice-Chairman: Mr. Grandjean, Chairman, Credit Foncier Colonial, Members:—Mr._ Argellies.
Mr. Audap, manager of the Banque Nationale de Credit.
Mr. Chevalier, manager, of the Banque de Paris et des Pays Bas.
Mr. Furst, banker.
Mr. Lorsignol, manager, Banque Francaise et Italienne pour VAmerique clu Sud.
Mr. Mentrier.
Mr. Oudot, manager, of the Banque de Paris et des Pays Bas.
Mr. Pissard, chairman, of the Banque de la Seine.
Mr. -Regnault, Administrator, of the Credit Foncier d'Algerie et de Tunisie.
Mr. Sulle.
Mr. Chou Tsze-chi, Representative of the Chinese Government.
Mr. Tai Ming-fu, Second Secretary to the Chinese Legation in Paris.
Managing Directors:—Messrs. Audap, Oudot and Grandjean.
General Manager:—Mr. Carrére, Of the above Mr. Audap was formerly manager of tha Banque de Indo-Chine in Shanghai, and Mr. Carrére, manager of the Russo-Asiatic Bank, Shanghai. The strength of the financial houses to be connected with the Societe Fran-caisse de Gérance de la Banque Industrielle, wij] be readily ra-cognized.
Text read from the printed page and cleaned; old type leaves the occasional error.