Kidnapped Shanghai, Feb. 11.
Deep, mystery. still surrounds the Kidnapping at 10 pin, on Feb, 9 from his Rue Massenet home, "of Mr. Wu Chi-ting, former government employee and. racing. mah, who was" forced to accompany gang of ton armed men who sped with him in two waiting ears.
The French Concession police were Informed of the affair ole time after it occurred and is following up a number of theories. Being. a man of some means, It is believed possible that Mr, Wi was Kidnapped merely "to enable the gangsters to collect ransom, while his previous connections with the Chinese National government—he was attached to the local Tax Burenu-—was also held. as a possible reason for the kidnapping While a number of the gunmen remained "outside the premises, the other® forced their way into the home and ordered their' victim to follow them to. wailing molorears which sped off for an unknown destination. Up to ast night, no progress had been made in' the Investigations, Mr. Wu had only returned to Shanghai from Hongkong a fow days ago and as far as is known, had never been the recipient of any threatening letters. tr. Wa {s popular In local racing circles having been the owner, some years ayo, of the famed" Falty Stables. anticipated in September, 1038, when the matter was last under review, suggested that reconsideration pposiponed for a further six months recognition of the abnormal conditions prevailing. The company's [suggestion was agreed to.
Tu September, approval was corded to the company's applies for permission to Impose a surcharge of 80 per cent, on its tariff, in order to offset to some extent the greatly. Increased costs in local currency of operation and dividend requirements dite to the fall in the exchange value fof the Chinese dollar. This surcharge as Imposed in respect of accounts For consumption periods ending on fand after November 1
Directorate,—Under Clause 25 of the company's Franchise Messrs.
MacDonald and L. 7. Yuan were re-nominated by the Council to serve Jon the Board of Directors of the com-Hpany for the Municipal Year 1030/40.
Text read from the printed page and cleaned; old type leaves the occasional error.