The Archive · 1929

Against Messrs, Seth, Mancell MeLuve by the American Consular

Official, Mr. C.D, Meinkardt, at the hearing of the claim for Tls. 50,000 salary and commission heart on September $0 and brought by Gainsborough, former chief vopector of branches of the Com-ignite Orientale de Capitalization, occurred in the Provisional Court when a further hearing of claims against the liquidators of the company came before Judge Kao and the same consular official on April 4 Mr, J. Schuhl represented Mi Gainsborough, and 11. D. Rodger, Zurtin Zao, and X. F. Taiang the Bondholders, while the chief liquidat~ ors, Wong Tsze-kong and two others, were represented by Wong Ding-chi and Tai Ching-zung-

Bofors proceedings commenced Mr. A, M, Preston requested pei mission to make a statement Behalf of Messrs, Seth, Mancell MeLire, chartered accountants wi had. been appointed joint-liquid: severe criticism from the Am Consular sing on tie clench, M Pern wings been granted, Me. anid Dehult of Messrs. Seth, Mancell we, the chartered accoun dismissed from liquidators upon retaining ina. sepal inthe -Chartered stm of $15,000 to protect their fees, a figure which is justified ris before the courts rect and that upn the monies fu as Liquidators for ther fee had not the slightest int However, of deawi acesunt until the question of their remuneratica nad bean decides, and the b t they were loyally entitled g0 to do, they were only anxious to ensure that the sam i question should not be included the distribution, "Lam asking the 0 to ai a Fact the clients acted upon Fights and have of the legal maintain the of as read require an and 1 have made it as Brietly as 1 can. suilice to prove the sincerity of apology of my clients on behalf of their action which was characterised as n contempt of this court."

Aiter a consultation between the!

Judge and Mr. Meinhardt, the

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

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