[The amounts involved in ourlaims it American Courts against Guarantea Trust Company, Equitable Trust Company and Nationay City Banke of New York aggregated in the neighbourhood of two million dollars in US, currency. Some of the cases have been pending since 1910.
In view of the important interests involved in the above cases, strente ous effort has-been exerted by. the General Liquidators to thone a successful end. In this connec ion they have sent their legal divisor who has devoted consider" able time and work to these cases, to Now York in May to confer with the American lawyers, al Uniformity of Liquidation Certain dificultios still exist preventing the General Liquidators from their effort to place the position of the liquidation of alt the branches in China on a uniform basis. Outside of the five branch, namely, Shanghai, Peking, Tientsin, Chefoo' and Hankow, which have been under the direct control of the General Liquidators the creditors of these branches have received the benefit of a uniform dividend, other branches, on account of the generat political' situation, have failed ta observe the important provisions of, the rules and regulations of liquidation, and consequently credite ors of the Tatter branches have so fered accordingly.
Text read from the printed page and cleaned; old type leaves the occasional error.