194 THE HONGKONG GOVERNMENT GAZETTE, 18TH FEBRUARY, 1888.
THE
NOTICE.
HE Criminal Sessions of the Supreme Court for this month are adjourned to Monday, the 20th instant, at 10 o'clock in the forenoon.
By Order of the Court,
EDW. J. ACKROYD, Registrar.
Registry Supreme Court,
Hongkong, 18th February, 1888.
SUPREME COURT OF HONGKONG.
THE
HE Court will sit in Summary Jurisdiction,
every Friday, until further notice.
THE Court will sit in Original Jurisdiction. on every Monday and Thursday, until further notice.
By Order of the Court,
E. J. ACKROYD,
Registrar.
IN THE SUPREME COURT OF
HONGKONG.
Summary Jurisdiction,
FOREIGN ATTACHMENT.
Suit No. 184 of 1888.
Plaintiff,-LAU YIK. Defendant,-CHEANG KAM PONG.
No
OTICE is hereby given that a Writ of
Foreign Attachment, returnable on the Third day of March, 1888, against all the Pro- perty moveable and immoveable of the above- named Defendant within the Colony of Hong- kong has been issued in this Suit, pursuant to the Provisions of Section LXXXII of "The Hongkong Code of Civil Procedure,"
Dated this 16th day of February, 1888.
THE
CALDWELL & WILKINSON,
Plaintiff's Solicitors,
50, Queen's Road,
Victoria.
31, BURLING SLIP,
NEW YORK, 31st December, 1887.
HE Co-partnership heretofore existing between the Undersigned, under the Firm of A. A. Low & BROTHERS is This Day dis- solved by Mutual Consent.
Either of the Partners will Sign in Liqui- dation.
A. AUGUSTUS LOW. SETH LOW.
❤S. E. HUNTINGTON.
CHAUNCEY E. LOW.
THE HONGKONG FIRE INSURANCE COMPANY, LIMITED.
T
NOTICE TO SHAREHOLDERS.
IIE Nineteenth ORDINARY ANNUAL MEET- ING of Shareholders in the above Com. pany will be beld at the Offices of the Company, Pedder's Street, on Monday, the 20th February instant, at 12 o'clock (Noon), to receive a Statement of Accounts to the 31st December, 1887, the Report of the General Managers, and to elect a Consulting Committee and Anditors.
The Transfer Books of the Company will be closed from the 7th to the 20th day of February instant, both days inclusive.
JARDINE, MATHESON & Co.,
General Managers, Hongkong Fire Insurance Co., Ld.
Hongkong, 1st February, 1888.
HONGKONG & SHANGHAI BANKING
CORPORATION.
FORTY-FIFTH
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 25th February, 1888,
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, 1887.
The net profits for that period, including $8,228.50 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 $606,903.51, of which taking out remuneration to Directors there remains for appropriation $596,903.51.
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 3/1, the rate of the day, amounts to $176,000.
DIRECTORS,
The Honourable JOHN BELL-IRVING has been appointed Chairman for 1888, and Mr. W. H. FORBES. Deputy Chairman.
Mr. A. McIVER, The Honourable F. D. SASSOON, and Mr. W. H. F. DARBY have resigned their seats at the Board on leaving the Colony. The vacancies have been filled by Mr. J. S. Moses, Mr. E. A. SOLOMON, and Mr. B. LAYTON.
Mr. E. H. M. HUNTINGTON and Mr. M. GROTE have resigned, and their places have been filled by Mr. W. H. FORBES and Mr. S. C. MICHAELSEN.
The Directors have invited Mr. W. G. BRODIE, and Mr. L. POESNECKER to join the
Board.
The appointment of all these gentlemen re- quires confirmation at this meeting.
The Honourable JOHN BELL-ÏRVING, Mr. C. D. BOTTOMLEY, and Mr. H. HOPPIUS retire in rotation, and being eligible for re-election offer themselves accordingly.
AUDITORS.
The Accounts have been audited by the Hon. PHINEAS RYRIE, and Mr. FULLARTON HEN-
DERSON.
JOHN BELL-IRVING, Chairman.
Hongkong, 11th February, 1888.
ABSTRACT OF ASSETS AND LIABILITIES, HONGKONG & SHANGHAI BANKING
CORPORATION.
31st December, 1887.
LIABILITIES.
Paid-up Capital,. Reserve Fund,.
Marine Insurance Account. Notes in Circulation,...$ 5,877,585.67 Deposits..
70,996,#95.21
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 3,900,000.00 250,000.00
70,873,880.88
16,818,619.06 606,903.51
$105,949,403.45
Cash.
ASSETS.
INVESTMENTS, viz.:-
£100,000, 3 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 Reserve,
$1,414,736.84
Rs. 5,000,000, Indian'
4 per cent. Govt. >2,195,945.94 Loan,
$13,365,501.90
3,610,682.78
Bills Discounted, Loans and Credits, 33,178,587.44 Bills Receivable,
Bank Premises,...
Dead Stock,.
54,894,133.99
780,141.48
120,355.86
$105,949,403.45
PROFIT AND LOSS ACCOUNT, HONGKONG & SHANGHAI BANKING
Dr.
CORPORATION.
31st December, 1887.
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 3/14, the Cur- rent rate of the day,
To BALANCE carried forward to
next half-year,
Cr.
By Balance of Undivided Profits, 30th June, 1887,
By Amount of Net Profits for the Six Months ending 31st Decem- ber, 1887, after deduc- ting all Expenses and
$ 8,228.50
Interest paid and due, 598,675.01
RESERVE FUND.
.$ 10,000.00
400,000.00
176,000 OC
20,903.51
$606,902.51
$606,903.51
$606,903.51
To Balance on 31st December, 1887,...$3,900,000.00
By Balance on 30th June, 1887;.
T. JACKSON, Chief Manager,
$3,900,000.00
A. W. MAITLAND, Chief Accountant.
J. BELL-IRVING, WM. H. FORBES, A. P. MOEWEN,
·Directors
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, F. HENDERSON,
Hongkong, 11th February, 1888.
NOTICE.
Auditors.
WE have closed the Foochow Branch of
our Firm on the 31st ultimo, and transferred our business at that Port to Mr. GUSTAV SIEMSSEN.
I
SIEMSSEN & Co.
Hongkong, 28th January, 1888.
NOTICE.
have this day established myself at this Port as Merchaut and Commission Agent, under the name and style of
G. SIEMSSEN.
Foochow, 1st January, 1888.
Printed and Published by NORONHA & Co., Printers to the Hongkong Government.