140
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THE HONGKONG GOVERNMENT GAZETTE, 16TH FEBRUARY, 1889.
NOTICE.
THE next Criminal Sessions of the Supreme Court will be held on Monday, the 18th day of February, 1889, at 10 o'clock in the forenoon.
By Order of the Court,
ALFRED G. WISE, Acting Registrar.
Registry Supreme Court,
Hongkong, 16th February, 1889.
SUPREME COURT OF HONGKONG.
THE
T
HE Court will sit in Summary Jurisdiction,
every Friday, until further notice.
HE Court will sit in Original Jurisdiction, on every Monday and Thursday, until further notice.
By Order of the Court,
ALFRED G. WISE.
Acting Registrar.
NOTICE is hereby given that BRUCE
SHEPHERD of Victoria in the Colony of Hongkong, Gentleman, intends as Agent for WILLIAM WILLIS of 29 Southampton Row Bloomsbury in the County of Middlesex Ma- nufacturer and JOHN SMITH and WILLIAM SMITH, both of Upton Villa Beckenham in the County of Surrey Engineers, to apply to His Excellency the Governor under the provisions of Ordinance No. 14 of 1862 for Letters Patent for an Invention of Improvements in and relating to rotary apparatus for measuring liquids and for other purposes.
And further notice is hereby given that His Excellency the Governor under the provisions of the Ordinance aforesaid has appointed Tues- day the 19th day of February instant at 11 o'clock in the forenoon for a Meeting of the Executive Council, to consider the said ap- plication.
Dated this 9th day of February, 1889.
WOTTON & DEACON, Solicitors for the Applicant.
IN THE SUPREME COURT OF
HONGKONG.
IN BANKRUPTCY.
NOTICE. CHOONG & SAM of Victoria, in
the Colony of Hongkong, having been adjudged Bankrupt under a Petition for ad- judication filed in the Supreme Court of Hongkong in Bankruptcy, on the 30th day of January, 1889, is hereby required to surrender himself to ALFRED GASCOYNE WISE, Esquire, the Acting Registrar of the said Court, at the First Meeting of Creditors to be held by the said Acting Registrar on Tuesday, the 26th day of February, 1889, at 11 o'clock in the forenoon.
The said ALFRED GASCOYNE WISE, Esquire, is the Official Assignee.
A Public Sitting will hereafter be appointed by the said Court for the said Bankrupt to pass his Final Examination, and to make applica- tion for his discharge, of which Sitting Notice will be given in the Hongkong Government Gazette.
At the First Meeting of Creditors, the Acting Registrar will receive, the proof of the debts of the Creditors, and the Creditors who shall have proved their debts respectively, or the majority in value of the said Creditors, are hereby directed to choose at such Mecting an Assignee or Assignees of the Bankrupt's Estate and Effects to be called the Creditors' Assignee or Assignees.
Dated the 9th day of February, 1889.
HENRY J. HOLMES, Solicitor in the Bankruptcy.
HONGKONG & SHANGHAI BANKING
CORPORATION.
FORTY-SEVENTH
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 23rd February, 1889,
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, 1888.
The net profits for that period, including $10,411.36 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 $874,087.93, of which after taking out remuner- ation to Directors there remains for appropria- tion $864,087.93.
From this sum, the Directors recommend the payment of a Dividend of One Pound and Ten Shillings per Share, which will absorb $400,000.
The difference in Exchange between 4/6, the rate at which the Dividend is declared, and 3/03, the rate of the day, amounts to $191,780.82.
They recommend transferring $212,432.44 to the Credit of Reserve Fund which with $87.567.56 being re-valuation of £150,000, 3% Indian Government Sterling Loan, will then stand at $4,300,000.
The Balance of $59,874.67 to be carried to New Profit and Loss Account.
DIRECTORS.
Mr. W. H. FORBES has been appointed Chair- man for the year 1889, and Mr. H. L. DAL- RYMPLE Deputy Chairman.
The Honourable A. P. MCEWEN having resigned on leaving the Colony, the Directors have invited Mr. J. F. HOLLIDAY to join the Board; his appointment requires confirmation at this meeting.
Mr. W. H. FORBES, Mr. H. L. DALRYMPLE and Mr. I. S. MOSES retire in rotation, and being eligible for re-election offer themselves accordingly.
Mr. G. E. NOBLE was appointed Chief Man- ager on the 1st January, 1889, in place of Mr. T. JACKSON who takes over the management in London.
AUDITORS.
The Accounts have been audited by the IIon. PHINEAS RYRIE, and Mr. FULLARTON HEN-
DERSON.
JOHN BELL-IRVING, Chairman.
Hongkong, 8th February, 1889.
ABSTRACT OF ASSETS AND LIABILITIES, HONGKONG & SHANGHAI BANKING
,
CORPORATION.
31st December, 1888.
LIABILITIES.
Paid-up Capital,.. Reserve Fund,....
Difference account 3 per cent. Indian Government Ster- ling Loan written up from £86 to £95.
.$4,000,000.00
87,567 56
Marine Insurance Account, Notes in Circulation,... 5,609,638.78 Deposits.
76.745,737.98
Bills Payable (including Drafts on London Bankers and Short Sight Drawings on London Office
against Bills Receivable and Bul- lion Shipments),...... Profit and Loss Account,
$ 7,500,000.00
4,087,567 56 250,000.00
82,355,376,76
19,570,947.34
874,087.93
$114,637,979.59
Cash,
ASSETS.
INVESTMENTS, viz. :—
£100,000, 24 per cent. Consols. £150,000, 3 per cent. Indian Gov-
ernment Sterling Loan.
The above lodged with the Bank of England as a Special London Réserve,
$1,540,540.54
Rs. 5,000,000, Indian
4 per cent. Govt. 2,195,945.94 Loan,
$9,147,354.84
Bills Discounted, Loans and Credits, 52,163,552 23
Bills Receivable,
Bank Premises,...
Dead Stock,.
3,786,486.48
48,541,228.89
937,727,03
111,630.12
$114,637,979.59
PROFIT AND LOSS ACCOUNT, HONGKONG & SHANGHAI BANKING
Dr.
CORPORATION.
31st December, 1888.
To AMOUNTS WRITTEN OFF:-
Remuneration to Directors,:
To DIVIDEND ACCOUNT:-
£1.10 per Share on 60,000 Shares=
£90,000 @ 4/6,
To DIVIDEND ADJUSTMENT AC-
COUNT
Difference in Exchange between 4/6, the rate at which the Dividend is declared, and 30, the ur=" rent rate of the day,
To RESERVE FUND,.
To BALANE carried forward to
next half-year,
Cr.
By Balance of Undivided Profits, 30th June, 1888,
By Amount of Net Profits for the Six Months ending 31st December,
1888, after deducting all Expenses and In-
$ 10,441.36
terest paid and due,... 863,646.57
RESERVE FUND.
.$ 10,000.00
400,000.00
191,780 82 212,452.44
59,874.67
$874,087.93
$874,087.98
$874,087.93
To Balance on 31st December, 1888,...$4,300,000.00
By Balance on 30th June, 1888,.. By Difference Account & per cent. In- dian Government Sterling Loan, written up from £86 to £95, ...... By Amonnt transferred from Profit
and Loss Account,
T. JACKSON, Chief Manager.
$4,000,000.00
87,567.66
212,432.44
$4,300,000,00
W. GASKELL, Acting Chief Accountant.
J. BELL-IRVING, WM. 11. FORBES, H. L. DALRYMPLE,J
·Directory
We have compared the above Statements 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.
P. RYRIE,
} Auditors. F. HENDERSON, Hongkong, 8th February, 1889.
THE HONGKONG FIRE INSURANCE COMPANY, LIMITED. NOTICE TO SHAREHOLDERS.
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HE Twentieth ORDINARY ANNUAL MEET- ING of Shareholders in the above Com- pany will be held at the Offices of the Company, Pedder's Street, on Monday, the 25th February instant, at 12 o'clock (Noon), to receive a State- ment of Accounts to the 31st December, 1888, the Report of the General Managers, and to elect a Consulting Committee and Auditors.
The Transfer Books of the Company will be closed from the 12th to the 25th day of Fe bruary instant, both days inclusive.
JARDINE, MATHESON & CO.,
General Managers, Hongkong Fire Insurance Co., Ld. Hongkong, 1st February, 1889.
Printed and Published by NORONHA & CO., Printers to the Hongkong Government.