Head Office to Be Set Up in Shanghai of the Central China Industrial Development Company capitalized at—Y.100,000,000, will be established in Shanghai and the main office of the North China Industrial Development Company, capitalized at—Y.350,000000, will be located in Tokyo, Domei was informed to-day.
Bills for the organization of the two companies, drafted at a special session of the National Planning Board, will be introduced in the Diet after they are submitted to the Cabinet to-morrow or on Saturday It was understood that the Premier, Prince Konoye, would be authorized to appoint the leading officials of the companies,—Domei Mechanical trouble yesterday was blamed by a Japanese naval spokesman for the forced landing effected in the Whangpoo on Wednesday evening by a Japanese naval aeroplane. The occupant of the machine was rescued, while the plane was taken out of the water by crash crews rushed to the scene soon after the mishap, he said.
Text read from the printed page and cleaned; old type leaves the occasional error.