Designed to serve areas in Greater JShanghal, outside the Settlement and ithe French Concession, the Greater /Shanghat Gas Company, a ¥.3,000,000 frm organized under "the laws of the "Reformed Government" in Nanking, came into being on Dec. 27, [Japanese newspapers reported Mr. Wang Tze-hui, Minister of Industry of the "Reformed Government." and promoters of the new Joint Sino-Japanese concern, attended the inaugural meeting held at the Astot House on December 27.
Japanese Investments,—totalling ¥.2500,000, will be made by the [Central China Development Ca.
hich will subscribe Y.1,800,000, an pany will Invest ¥.200,000, while $300,000 worth of shares will be put Jon the market for sale among Chinese.
'M. Aimel Toyosho, former mana ing director of the Hiroshima Gag and Electric Power Ca; Mr. Chen Shao-yen, director of the Shanghai Real Estate Ca. and Mr. Mikichi Iwakura, of the Tokyo Gas Chemical Industry Company, were tentatively chosen to act as managing directors, the Japanese papers said. Mr. Fei Wiryu was to be appointed compte roller, the dailies declared.
Text read from the printed page and cleaned; old type leaves the occasional error.