The Archive · 1940

Japan Exchange Laws

American Fined Under — G.L. Holland Ordered to Pay Y.30,000

Tokyo, Sept. 6.

Two Shanghai residents were acquitted but Mr. G. L. Holland, American employee of the Standard Vacuum Company, was fined Y.30,000 by the Yokohama court today for violation of the exchange control law.

Mr. Holland's two alleged accomplices, Sofia Zigler, German woman of Shanghai, and Richard Soriano, French resident of Shanghai, were allowed to go free. Charges against them were dropped.

Mr. Holland and the two Shanghai residents were arrested by the police on August 29 and charged with conducting alleged illegal exchange transactions between yen and United States dollars—United Press.

Text read from the printed page and cleaned; old type leaves the occasional error.

Your account