Peiping, Oct. 20.
The Hui Tung Company, which will run the projected alr service between forth China and Manchuria, will be capitalized at $4,530,000, of which '$2,700,000 will be paid up first in equal shares by China and Japan, according to Chinese sources. It is expected the alr service will be in operation within three months.
Oct, 22.
The promoters of the Hui Tung Ca, met here yesterday evening and passed bye-laws. The meeting was bit ended by. four Japanese, whose hames are not stated, and five Chinese Mr, Li Shih-hao, the new chair-an of the Economic Commission of the Hopel and Charhar Political Council; Mr, Niu Chuan-shan, a mem~ ber of the Economic Commissior Gen, Chang Yun-yung, commander of the Peace Preservation Corps Mopel; Mr, Liu Chi-chow, a former CWvil Governor of Shensi; and Mr. Yao Teo-ing, a loca} Anancie Oc. 24.
The Hui Tung. Ca., was secretly inaugurated in Peiping yesterday evening.
"Among those attending were Mr.
Shih-hao, chairman of the Economic Commission of the Tope! and Charhar Political Council, at the Japanese vice-president of the company, Mr. Kodama, who was formerly' attached to the Ministry of Communications at Changchun. No details are available but a public statement 4s expected very shortly.—Reuter,
Text read from the printed page and cleaned; old type leaves the occasional error.