The Little Club will re-open for the 1980-31 season on September Premiuiis were accepted after 1929, After liquidation, the old policies were collected and deposit receipts were issued to customers. Between 1925 and 192%, the company paid back approximately $250,000 customers and between the 7th moon 1928 and the 3rd moon of 1929 about. $100,000 was paid back. The company still owed about $110,000. Witness did not print the policies: they printed before he came to Shanghai. ile denied misapproprinting the money or defrauding the public.
Dung Yung-hai, one of the coniplainants and brother of accused, said that the premiums were received by the China Foh An Insurance Ca, in Shanghai bat no report of the amounts received were forwarded to the Foh An Insurance Ca, in Hongkong. All the business of the Jatter company was sold to the former. Witness was insured with the China Foh An Insurance Ca. for $7,000 and he had paid $3,200 in premiums spreading over a num-bor of years. He did not receive any money back, He etuid not get any money from the Hongkong company ax that company had sold its interests to the China Foh Aw Insurance Ca, Witness called at the Shanghai office but payment was refused.
Accusel said that complainant could have received $2,000 if he had forwarded his claim but, instead of doing s0, he Lrought action against witness.' The property of the China Foh An Ca, was sold in 1928 for Tls, 123,000 and, of this, $110,000 was paid' out to customers. Dung Vunhai had insured with the Hongkong office and witness did not see how he could claim damages against the Shanghai company.
'A remand was ordered for trial before an open invedeation court, This news comes from Hollywood, where Mrs. Marie Meredith, who thas been in America for some time,
Text read from the printed page and cleaned; old type leaves the occasional error.