1897.
61
ASSETS.
THE HONGKONG GO
NMENT GAZETTE, 30TH JANUARY,
HONGKONG & SHANGHAI BANKING
Cash.
CORPORATION.
IN THE SUPREME COURT OF HONGKONG.
In the Matter of the Estate of WALTER CANDLER, Secretary of the British Mercantile Marine Officers Associa- tion, Victoria. Hongkong, Deceased.
NOTICE is hereby given that His Honour
Sir JOHN WORRELL CARRINGTON, Kut., C.M.G., D.C.L., LL.D., Chief Justice. has, by virtue of Section 3 of Ordinance No. 9 of 1870, made an Order limiting to the 1st March. 1897, the time for sending in Claims against the said Estate.
All Creditors are hereby required to send in their Claims to the undersigned before the said date.
Dated the 30th January, 1897.
N
J. W. NORTON KYSHE, Registrar
and Official Administrator.
OTICE is hereby given that the TIDE WATER OIL COMPANY, an American Corporation, carrying on business at New York, U.S.A., and elsewhere, have this day applied to His Excellency the Governor, under the provisions of Ordinances Nos. 16 of 1873 and 20 of 1895, for leave to register certain Trade Marks in the Office of the Colonial Secretary in the name of the said TIDE WATER OIL COMPANY.
The said Trade Marks are intented to be used in respect of Illuminating Oil.
Facsimiles of such Trade Marks have been filed, and may be seen upon application, ab The Colonial Secretary's Office. Viétoria, Hong- kong.
Dated the 25th January, 1897.
DEACON & HASTINGS, Solicitors for the Applicants.
THE HONGKONG LAND INVESTMENT AND AGENCY COMPANY, LIMITED.
D'
URING my absence and until further notice Mr. MOWBRAY STAFFORD NORTHCOTE has been appointed Acting Secre- tary.
By Order of the Board of Directors.
A. SHELTON HOOPER.
Secretary,
Hongkong, 26th January, 1897.
NAGASAKI ROLLER FLOUR MILLS COMPANY, LIMITED.
N°
TOTICE is hereby given that the Half- yearly General Meeting of the Com- pany will be held at the Offices of the General Managers, Messrs. HOLME, RINGER & Co., at Nagasaki, on Tuesday, the 23rd February, 1897.
The Transfer Books of the Company will be closed from the 9th to 23rd February, both days inclusive.
By Order,
H. U. JEFFRIES,
Agent.
Hongkong, 28th January, 1897.
TH
HONGKONG FIRE INSURANCE COMPANY, LIMITED.
NOTICE TO SHAREHOLDERS.
HE Twenty-eighth ORDINARY ANNUAL MEETING of Shareholders in the above Company will be held at the Offices of the Company, Pedder's Street, on Friday, the 26th day of February, 1897, at 12.30 of the clock in the afternoon, to receive a Statement of Ac- counts to 31st December, 1896, and the Report of the General Managers, and to elect a Con- sulting Committee and Auditors.
The Transfer Books of the Company will be closed from the 13th to the 26th February, both days inclusive.
JARDINE, MATHESON & CO., General Managers, Hongkong Fire Insurance Co., LA. Hongkong, 30th January, 1897,
SIXTY-THIRD
REPORT OF THE COURT OF DIRECTORS
TO THE
ORDINARY HALF-YEARLY GENERAL MEETING
OF
SHAREHOLDERS
TO BE HELD
AT THE CITY HALL, HONGKONG, On Saturday, the 13th February, 18.7, AT NOON.
To the Proprietors of the
HONGKONG & SHANGHAI BANKING CORPORATION.
GENTLEMEN,
The Directors have now to submit to you a General Statement of the affairs of the Bank, and Balance Sheet for the half-year ending 31st December, 1896.
The net profits for that period, including $300,134.98, balance brought forward from last account, after paying all charges, deducting interest paid and due, and making provision for bad and doubtful accounts, amount to $1,761,136.75.
The Directors recommend the transfer of $500,000 from the Profit and Loss Account to credit of Reserve Fund, which Fund will then stand at $6,500,000.
After making this Transfer and deducting Remuneration to Directors there remains for appropriation $1,246,136.75, out of which the Directors recommend a Dividend of One Pound and Five Shillings per Share, which will absorb $444,414.41.
The difference in Exchange between 46, the rate at which the Dividend is declared, and 2/1g. the rate of the day, amounts to $501,368.36.
The Balance $300,323.95 to be carried to New Profit and Loss Account.
DIRECTORS.
Mr. ST. C. MICHAELSEN has been elected Chairman for the year 1897, and the Hon. J. J. BELL-IRVING Deputy Chairman.
MP, J. KRAMER having resigned on leaving the Colony, Mr. C. BEUGMANN has been clected in his stead. Mr. R. L RICHARDSON has been invited to join the Board; these two appointments require confirmation at this Meeting.
Mr. N. A. SIEBS and the Hon, J, J. BELL- IRVING retire in rotation and being eligible for re-election offer themselves accordingly.
AUDITORS.
The accounts have been audited by Mr. F. HENDERSON and Mr. C. S. SHARP.
Mr. F. HENDERSON and Mr. C. S. SHARP both offer themselves for re-election. The latter has been acting in the place of Mr. S. G. BIRD who is absent from the Colony.
A. MCCONACHE,
Chairman.
Hongkong, 28th January, 1897.
ABSTRACT OF ASSETS AND LIABILITIES, HONGKONG & SHANGHAI BANKING
CORPORATION,
31st December, 1896.
Paid-up Capital,
Beserve Fund,
LIABILITIES.
Marine Insurance Account,
Notes in Circulation,.
Current Silver, ..$45,570,935.22 Accounts, Go'd,
.$10,000,000.00 6,000,000,00 250,000.00 9,546,123.00
£3,880,564.15/0=36,764,914.20
82.325,849.42
Fixed
J Silver, $34,379,916.08 Deposits, Gold,
£2,626,307.19/6=24.882,978.18
Bills Payable (including Drafts on London Bankers and Short Si.ht Drawings on London Offic against Bills Receivable and Bul- lion Shipments)................. Profit and Loss Account,
59,212,894.26
15,022,797.83 1,761,136.75
$184,118,801 26
Bailion in Hand and in Transit,. Indian and Colonial Securities......... INVESTMENTS, viz. :—
£250,000. 0 0 23 per cent. Consols
bidged with the Bank of England as a Special Lon- don Reserve,
$1,000,000.00
£552,682.10.0 Consols
and other Sterling
Securities,........ 5.227,341.87
$25,766,782.57 2,527,855.40 3,824,876.51
7.127.341.87
Bills Discounted, Loans and Credits, 63,566,305 68
bills Receivabie,
Bank Premises, Dead Stock...
80,217,513.89
989,625.34
100,000.00
$184,118,801,26
PROFIT AND LOSS ACCOUNT, HONGKONG & SHANGHAI BANKING
Dr.
CORPORATION.
31st December, 1896.
To AMOUNTS WRITTEN OFF --
:)
Remuneration to Directors,... DIVIDEND ACCOUNT:-
£1.5 per Share on 80,000 Shares £100,000 at 4:6,2........... DIVIDEND ADJUSTMENT AC-
COUNT:- Difference in Exchange between 4/6, the rate at which the Dividend is declared, and 21, the rate of the day,..
15,000,00
444,444.44
501,368.36
TRANSFER TO RESERVE
FUND.
500,000.00
BALANCE carried forward to
next half-year,
300,323.95
$1,761,136.75
Cr.
By Falance of Undivided Profits, 30th June, 1896, Amount of Net Profits for the Six Months ending 31st Decem- ber, 1896, ofterariking provision for bad and doubtful debts, de- ducting all Expenses and Interest paid and duc,
To "alance.......
$300,131.98
..1,461,001.77
$1,761,136.75
$1,761,136.75
RESERVE FUND.
$6,500,000,00
$6,000,000.00
By Balance, 30th June, 1806,
Transfer from Profit and Loss
Account,...
500,000 00
$6,500,000.00
T. JACKSON, Chief Manager. A. COUTTS, Acting Chief Accountant,
A. MCCONACHE,
ST C. MICHAELSEN, › Directors. J. J. BELL-IRVING,
We have compared the above Statement with the Books, Vouchers and Securities at the Head Office, and with the Returns from the various Branches and Agencies, and have found the same to be correct.
F. HENDERSON, } C. S. SHARP,
Auditors. Hongkong, 28th January, 1897.
THE KOWLOON LAND AND BUILDING COMPANY, LIMITED.
N
OTICE is hereby given that the Eighth Ordinary General Meeting of Share- holders will be held at the Company's Offices, Victoria Buildings, Tuesday, the 9th February, 1897, at 12 o'clock (Noon), for the purpose of receiving the Report of the Eoard of Directors, together with a Statement of Accounts for the Twelve Months ending the 31st December, 1896.
The Transfer Books of the Company will be Closed from Friday, the 29th January, to Tues- day, the 9th February, 1897 (both days inclu- sive), during which period no Transfer of Shares can be registered.
By Order of the Board,
A. SHELTON HOOPER, Sreretary to the Hongkong Land Investment and Agency Company, Limited,
Agents for the Kingloon Land and Building
Company, Limited.
Hongkong, 18th January, 1897.