To the Editor of the "Nowrn-Ciina Dany News"
Sim—It has been definitely recognized that the agreements entered Into by directors who, acting in a) dual capacity as general agents, secretaries and directors, are sometimes not even shareholders—which most of the Shanghai rubber companies have with their agents are) one-sided and not based on mutuality, The male members of both branches of the family all bear the Mame of Henry, (ielnrich), the Me Gtviduais being att bers. In the fu. arrangement enumeration continues until the ber one hundred Is reached: when it begins again. Inthe younger line the first prince born in a new century numbered 1., and the numbers fol-until the end of the century When they begin again. 'Thus Hent HAV, of Reuss younger tine, who was Dorn in 1632, was the son' of Henry (378053867), the former being fourteenth. pfinee. born inthe 0th century and the latter the 67th Prince born "in the 10th century. (neve. Brit). ud it Is therefore in the interests of the shareholders that wherever such agreements exist, they be brought to fa termination as' soon as possible.
This can best be accomplished if shareholders will entrust their voting powers to those who are working in their interests to bring about a reform.
respect of these agency agreements.
'A number of rubber shareholders have their share deposited with banks, or have their shares held in the name of their bankers. Such shareholders should immediately give Instructions to their banks regarding the disposition of their proxies. This should be done in ime for proxies to be registered before the annual meetings of the companies.
The undersigned will be pleased answer all inquiries in regard to the matter. e/o Shanghai Stock Exchange. Shanghai, Feb. 2
Text read from the printed page and cleaned; old type leaves the occasional error.