Land Certificates To Be Given Fullest Acceptance Acting under instructions of me Finance Ministry, the Chinese Association and ihe Native Bankers [Guild of Shanghai have ordered their members not to give preference to "perpetual lease certificate" in Jconnection with real estate mortgage 'The two organizations draw their Jmembers' attention to the fact that hitherto the banks doing real estate mortgage business have accepted perpetual lease contract" and have been reluctant to accept "land. certificate" for the mortgage of the Jsame piece of property with the Fesvit that it was impeded the local Jauthorities' work in connection with the transfer of "land certificates. From now on, the order says, land certificates shall be accepted as fully jas possible by the banking institu {ions for mortgage purpose.
Text read from the printed page and cleaned; old type leaves the occasional error.