Hongkong, July 3.
The petition by the China Merchants Steam Navigation Company for the winding up of the Cheng Kee Steam. Navigation Company was granted by the Supreme Court today. Japanese interests last month warned that the granting of the petition would be considered as an inexcusable anti-Japanese act.
The petition was made by the "Chinese liquidator" appointed by Chungking and asked for the liquidation and disposal of the Cheng Kee Company which is closely connected with Japanese interests. Japanese interests, when the suit was instituted in May, alleged that 80 per cent. of the Hk.$5,000,000 of the company's stocks were held by Japanese, while China Merchants Company only held 1,500 out of a total of 100,000 shares. Japanese interests since 1904 have chartered nineteen of the company's 22 vessels.—United Press.
Text read from the printed page and cleaned; old type leaves the occasional error.
