the Editor of the "Norri-Cuina Day News"
Sim—"Also 'a Shareholder" in reply to Mr. Hickling say "Shareholders as a rule, are capable of forming their own opinion with regard to the election of Directors" I am, afraid that shareholders in Shanghai have very little say in the lection of the men who look after their interests. One need only look jup the average company annual report "Mi. A. having resigned. the, Board: on going home on leave, Mr, has been invited to all" the vacancy". I understand there is strong movement. on foot to start a [Shareholders Protection Association, The Land-owners have such an organization, why not shareholders?, Shanghai, June 1.
On" Cua Han.
Text read from the printed page and cleaned; old type leaves the occasional error.