Company entered into agreements on Ju continuation of this poley, the June 0, 1934, with its bankers under which such bankers advanced to the Sompany an arzount In" Chin Sliver Dollars sufMeient to retire 1 further U.S. $5,846,000 principal amount of the "6 per cent. Gold Debenture Notes before referred. the reduction of the Company's local short term. silver obligations. In satisfaction for all such advances the} Company issued and delivered to the bankers on February 11, 1095, a principal' amount of ES, '$17,787,900 of the Company's First Mortgage Debentures 5% per cent. Dollar Series due 1978, plus a small cash adjustment to meet odd amounts representing less than ES. $100 principal amount of debentures.
In order to provide for the retire: ment of the remaining U.S. $7 pprinelpal amount of the Gold Debenture Notes, entered into an agreement on July 2, 1094, with Far East Power Corporation under which +the balance: of the Notes wore surrendered February 11, 1995, by Far Eas Power Corporation to the Company in exchange for C.S, $2,212,100 principal amount of Shanghai Power Company's First Mortgage Debentures 5% per cent. Dollar Series due 1973
Text read from the printed page and cleaned; old type leaves the occasional error.