The Archive · 1938

Prospect of Restoration

In reply Mr. Gomersall sald:—The machinery isin perfect condition. Two members of our foreign staff were at the mill till December: and from December to April we had six [Chinese watchmen there, These watchmen were turned out by the Toyoda Mill when they took possession in April. Therefore, unless the mill has been damaged by the Toyoda people, which is unlikely,—it is still ix good condition, and able to start at short notice. This also disposes of any possibility of malicious Mr, F, R. Smith asked what support were they receiving from H. M. Consul-General?, and in reply" the Chairman said. "He is doing his best and has little doubt that eventually the mills will have to be restored to us." Mr. E, Schuster said. I'am glad to note that the resolution includes a request for shareholders, other than British, to protest through their respective Consulates. As a matter of fuet, I have already sent a protest to my Consulate, and I hope our Ameri-con and Portuguese friends will do the same.

Mr, Gomersall.—I am sure that they wil, The Chairman then put the question {to the meeting and the resolution was carried unanimously.

Immediately following this meeting there was a meeting of shareholders of the China Textile Manufacturing /Co, Ltd. and a similar resolution wa passed. by the Wada ami, and inasmuch as the null S'ovined' bya company Inzorporat= under the" Companies" Ordinances Hongkong ang, represents" genuine nnd subsantign Biiish interests. that, "re Mesentations "be "made through 'MILL Sale Queried Shanghai, July 17.

Whether or not the transaction involving the sale of the Chinese Chun. Tah Cotton Mill to the British China

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

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