Peiping, Dec. 11.
The charter for the China Airways Company, a semi-official firm which will monopolize the aviation business in Japanese-occupied areas in China, was approved yesterday by the Peiping "Provisional Government," the new Nanking Government and the Federated Autonomy Government of Mongolia.
A capital of Y.50,000,000 was listed by the company of this amount Y.12,- 500000 is cash. The company was granted the right to issue debentures amounting to Y.25,000,000. Redemption of the bonds was guaranteed by the governments concerned.
Air service between Shanghai and Canton, Dairen and Shanghai, Peiping and Hankow, and Canton, Tsingtao and Taiyuan, Tsingtao and Kaifeng and Shanghai, Hangchow and Nanking will be started by the company Air service between these cities will be started in addition to the operations of existing lines between Pel-ping and Dairen, Peiping and Paotow, Peiping and Shanghai and Shanghai and Hankow.—Domel.
Text read from the printed page and cleaned; old type leaves the occasional error.
