The Guaranty Underwriters of China, Ltd, were the defendants in an action brought, against them by the Registrar of Companies in H.M. Police Court, on Wednesday, May 22, before the "Registrar, Mr. C, H. Haines, charging that "the "Gu ranty. Underwriters of China. Ltd, between July 90, 1994, and February 21, 1985 inclusive, a person other than a British subject resident within the limite of the China Order-in-Council, 1925, to wit, the China Finance Corporation, Fed, Me, USA, of 9 Av. Edwatd VII aforesaid, has exercised general or Substantial control of the company's business contrary to Article 194 (2) of the China Order-in-Council, 1925. Mr. John MeNeill conducted the case for the prosecution, and Mr. XK. Newman represented the defendants.
Mr. MeNeill_sald that the defendant company was prosecuted Charge under" Article 194, subsection 2,, of the China Order-in-Council, 1935, for what appeared to be an obvious abuse of the judi and. diplomatic protection accorded to British persons in China. The sub-section in question read:—
"No person other than a British sub ject resident. within. the limits of this order shall act as managing digéctor oF {many position similar to that of manag
Text read from the printed page and cleaned; old type leaves the occasional error.