Work of Special Committee: Reg: istration of Shareholders Hongkong, Aug. 19.
The committee appointed to conder ways and means of preventing the share transactions and esta on shares have now complet the committee's report under reservation, Mr. J. Scott Harston, a former partner in the legal firm of Deacons, signed a minority report.
The Committee recommend two proposals. First they suggest, it] should be made illegal to pa dividends to subsequent unregistered purchasers under a penalty of $1,000, or the total amount of the dividend in question,—whichever Himit is the greater. In the second place they recommend that registra. tion of shares in the name of deceased person shall be regarded as prima facie evidence, for p Poses of estate duty, that the deceased person was the owner of the the Jatter part of July that} the nest of the outlaws was located. An official was immediately sent to see the bandit leader and to negotiate for-the release of Mr. Riva. An expedition woald perhaps have wiped out the entire band in a day or two, but the authorities were unable to use fo tee, as the bandits threatened to kill thei foreign captive as soon as troops appeared in the neighbourhood of their lair, It was in order to save the life of Mr. Riva that the Chinese authorities paid the ransom money instead of sending an expedition United Press.
Text read from the printed page and cleaned; old type leaves the occasional error.