Shanghai, Apr. 6.
appeal to property owners to eliminate the abuses of subletting, which have become prevalent in an overcrowded Shanghai, was made by Mr. W.
'Mellor, Chairman, at the annual meeting of the Shanghai Property Owners' Association held yesterday in the offices of the Shanghai Land Investment Ca. Also criticized were the existing conditions in the Western District of the city, the delay in opening up the Northern and Eastern districts the lack of transportation facilities in these two areas.
In his speech the Chairman said At the close st the year, December 31, 1938, there was & credit balance with the Hongkong.& Shanghai Banking Corporation of $0881.53, a5 compared with a balance of $6,157.19 for the previous year. Salaries dur~ ings the year were Increased as we decided {0 employ a stenographer on part time and this has enabled us to deal with the large number of circulars sent out in a more eMicient manner than in the past at no great ner ease in. cost.
Before formally proposing the adoption of the report and accom Twill give you a brief resume of activities of the Committee during the time that has elapsed since our has been most gratifying, to the Committee to note the increase in the humber of voling and ordinary members, but there is still room for im= provement and I hope that more individuals and Arms interested in real estate, who are not at present members, will realise the benefits to be derived (rom this organization and become so during the year. The founders of this Association intended if {0 be International and the Committee are strongly of the opinion that more can be accomplished when known that this is s0, and hope that this will be accepted by mem bers of all nationalities as an invita ion to apply for membership.
Text read from the printed page and cleaned; old type leaves the occasional error.