To the Editor of the "Nownt-Curxa Dany News"
Sm—On June 30, 1909, a report as issued by the Liquidators of the "Russo-Asiatic Bank in Liquidation, China Group."
This group. comprises, the following oMtces:. Shanghai, Peking, Tien-tin, Hankow and Chefoo.
Cagtors claims Sieg 10000000 Dividend ald to Ino "Shea: 3400.00.00
Clalge unpaid on July gags paid 08 Sh 2.roncon00 came im hand on Suir, Since the issue of "the report a further dividend was paid in Septem ber 1929. Phe dividend paid to this (16/3/38) "amounts to $3 per feet. of the claims, and to 60 per ent. for claims smaller than $2,000,00.
On page No. Li the Liquidators, under, the heading "Future. Pros:
mention various amounts Which they" are trying to realize. That was eight years ago; nothing, of course, came out of ity although, am sure, everything humanly pos: sible has been "done. but item of] "Bank premises at Pekin has at last been realized and the. proceeds the sale deposited with some: Banks It is about a lakh of dollars which, plus whatever cash ison hand," should now be distributed to the Bank's creditors as a further: dividend.
Let us hope that something else may turn up tater, but in the meantime lot us take what is due us from the proceeds of the above premises. Why this unreasonable delay?
Shanghak Mar. 16 ast Here.
Text read from the printed page and cleaned; old type leaves the occasional error.