To the Editor of the "Mobrh-ChixA Dany NEWS"
Sm—I thank DipbLEp for suggestion to call a meeting of the creditors and eventually take legal action, but efforts in this direction are quite useless, It is quite true that the Trustee is privileged to receive money but is under no obligation to pay out any, I am also told that he is under no obligation to render any reports or accounts except to the U.S. Court, Mos people are also under the impression that, if a Company goes into receivership, a certain time limit is fixed within which the Company either has to be reconstructed or go defi-nitoly Into liquidation, but I am now informed that such is not the case.
The Company can operate und: receivership 50 or 100 years, a convenien{ method for managers and directors to draw a good and safe income without aving to worry about the investors.
Investor Shanghai, Apr, 6.
Text read from the printed page and cleaned; old type leaves the occasional error.