The Archive · 1941

Reports Stressed

Judgment was reserved by Judge Milton J. Helmick in the U.S. Court for China yesterday in an action brought by the U.S. Government against the Bell Lumber Company for failure to file annual reports required by the China Trade Act.

Mr. Leighton Shields, U.S. District suggested the company was lax in filing the reports which counsel thought was unfair to the stockholders and asked the court to cancel the registration certificate of the company.

Mr. Paul Kops for the defence, craved the indulgence of the court, pointing out that records and ac> counts of the company in 1937 during the hostilities, the company's plant suffered extensive damage. Their operations were curtailed, he said, and they were forced to retrench part of their staff, for which reason the

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

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