A meeting of the holders of Chinese 5 per cent. 1913 Reorganization Bonds (Russian issue), who are unable to get their bonds exchanged for the new green bonds, was held on June 18, at the offices of Messrs. A. Keyser" & Ca 81 Throgmorton Street, London when the following consented to serve on 2 committee with a view to getting the bonds put in order?—Mr. Arthur E. Franklin, of Messrs. A. Keyser 6 Ca.; Mr, G. Abbott, of Mortimer, Harley & Go,, La.;'Mr.. R. Sefton Turner, of National Securities Corn, Ld; Mr. 8. Springer, of simpson, Miller & Springer. meeting, it appears that out of an issue of about £2,800,000 a vast number of bonds are stated to have been seized by the Soviet Government when they took over the banks in Russia, In 1920 the Soviet Government entered into special—arrangements whereby they were permitted to sell certain of these bonds on the market here. The original block was a small one, but it appears to have been followed by sundry other indiscriminate sales, and over a period of years the bonds have so passed from hand to hand that the tracing of ownership has become virtually ible, The Chinese Government, however, about 18 months ago took steps to replace these bonds (which were yellow in colour), substituting a fresh issue of grech bonds, the rights of which they recognized. They called, ever, upon all holders of the bonds not merely: to exehang the green bonds but to prove their right to exchange the same by proving where the original bonds were held and by whom previous to
Text read from the printed page and cleaned; old type leaves the occasional error.