The Finest Scotch !
Watson's
E
Whisky.
THE CHINA MAIL.
necessities, without having bullion of any kind behind them. This has led to the utter confusion that is now being lamented throughout the eigh- teen provinces. From what we- gather, it seems that recent examin ation into the actual state of affairs has revealed that not less than duo hundred and forty millions are now represented by the notes in circulation throughout the Republic, and even this sum, large as it is, is likely to' fall short of the actual facts if they could be accurately known. At one ime, we learn, dollar notes depreciated so much that only fifty-two cents and two copper cash were offered for them. though Canton notes do not appear t have depreciated to quite this abnormal level. Bat they have gone down to nearly sixty couts at times Those appointed to look into the question have suggested that Paking itself suould shoulder the entire
NEWS OF THE DAY.
LOCAL AND GENERAL...
The French Mail the 13th January -w-n delivered in Loudou on the thb Feb
Worsted to take that Major Gumaraland Mrs. Kelly will be "At Home
ach after of the Races in their Box
at the Raca Coarse..
*
The Titan, of the Blue Funnel line, ft Funang on February 1 with a record shipment of 80 ton of tius, alund at
at £146,00,
The first British steamer to berth at Tie tai Bund this year was the Jardins Matheson str. Esang, which arrived there from Shanghai via Chefoo on Jan. 31st.
The Blue Funnel atsamer. "Ajax,” wich arrived to day from the North, reports having ancountered a heavy blizzard in the North Pacing ship was trosen
dropped to 20.07.
MESIRS SHEWAN, "TOMES' AFFAIRS.
MOTION IN THE APPEAL, COURT.
Order-for-Sal
„Businom Asked For.
THURSDAY, FEBRUARY 13, 1914.
HONGKONG HOTEL COM.
5 PANY, LIMITED.
LAST YEAR'S PROFIT.
The proft dor the year ended 31st Dear, 1919. amounted to $200,858.72, An interesting motion came on in the which the Board of Directors will ro Foll Conset of Appeal this morning, bodommand should be apportioned fare their Lordships Havilland de fan art, Lorraine Sir Root David Tas pay a dividend of
followw: A
$7.00, per share, on 12.000–
Olid Shares #81 per share on 8,000 Now
Shares........
aal Mr. Justice. “Gompertz--the action concerning the affairs of gears. Shewan, Mr. Charles Alexander Tames, spel Toaster bo Repairs and Tumes and Company. The partion aro
fang, and plaintiff in the original motion, which was heard by the Chief Justice
$94,000,00
29,000.00
25,000.00
Renewni../
respondent. in Chambers; and Mr. Robert Show, To write of Furniture and
28,000,00
Fixtures A/d The appellant moved for an arder that To carry forward to New the judgment dated January 28, 1914,
of the Chief Justice and the order signed purvunni therato bo zoversed, and that it may be adjudged that the appellans | is entitled to have the business of the
of Shawan, Tomes and Co. sold in
Account
98,258.72
$200,258,72,
going concern; mil for an order that JAPANESE STOWAWAY
A. S. Watson & Co., Ltd. burden of this heavy weight thap für three, Says and the thermometer as respondent pay, to the appetant the
Alexandra Buildings.
PIANOS !
PIANOS!
ON HIRE
$10
AT
PER MONTH
BIRT J. -
Peking should make itself responsible for the payment in full of all the notes
The engagement in annouñted of Mr. throughout the Republic. Those who Krut Rosevelt, second son of Mr. make this suggestion do not say how Todore Roosevelt, ex-President of the the Imperial Treasury is to secure this tates, tu Miu. Dales Willard
daughter of the United States Ambassador large sum, nor how it would set about Spain The wedding will probably take
costs of and occasioned by this appeal
“and for Buck further and other order HEAVY FINES IMPOSED.
the court may think St.
Alabaster and Mr. F. C. Jenkin; in Counsel: For the appellant, Mr. C. G. structed by Mr. Wilkinson, of Mews Wilkinson and Grist; for respondon, Mr. E. H. Sharp, R.C., and Mr. Elloc Potter, instructed by Mfr.
Scott
Mr. Hazoland, two Japanese were charged. At the Magistracy this morning before with being stowaways on board the a.. Nikko Mara bound for the south.
The prisoners were located in the store.
TURF TOPICS.
THIS MORNING'S WORK.
It was not so- cold this morning sẽ - the Rada Couran se yesterday. There was no wind. A little white mist hung over the valley, but not sufferent to interfere with the chinging" of the gallops. The going was good. All the times taken (which appese sa" uauial in the table ha pagu 4) were dona on the ontado course with this aception of Deford's not Ignoranco's. The fortiser went a mile, sesompanied by the latter for the last three-quarters, on the sand. Stort hurdies were again on the rail. but kovotal ponies wore taken, wide of the rough. A little amusement man enused by Ole Hop, alter galloping a mile and a half, choosing to go another two rounds. Apparently Dalgarna had some diffieiity in holding him and piill. hang him up.
HoADEN:-On February 5, at Singapore, distributing it so as to attain the piece in April in Madrid. Mr. Kermit Harston, at Moss. Descom, Looker room, and it in prosumed they boarded the over a mile. Fijian Chief was cantered
to Me and Mrs FRANK HODDEN, A NON-
MEMOS. FOR TO-DAY. 5.20 p.m.--Annual General Meating of the Hongkong Church Missionary The Idol's Eys at Theatre Royal, City Hall
Askociation,
MIMO. FOR TOMORROW.
The Idol's Eye" at Theatre Royal, City Hall.
General Memorande. SATURDAY, February 14:-
11.30 .m.-Humphrey's Estate and
Finance Co's, Mouting. Noon. Hongkong and Shanghai Bank
Mfeelin'.
City Hall.
The Idol's Eye" at Theatre Royal,
SexDAY, February 15 —
Tuning and Regular Excursion te Slacan.
Attention Inclusive.
S. MOUTRIE & CO., LTD.
DISTRIBUTERS.
WM.
Powell
LTD.
TELEPHONE 348.
GLYNS'
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LATEST STYLES
AND
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GREAT VARIETY
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REDUCTIONS IN FRICES.
IPTIONS ACCURATELY
DISPENSED.
او
Mos., Féh 14, Tues., 17 & Wan, 18 :-
Jerky Club Race Meeting at Happy
Valley Miss Maud Allan at the Theatre Royal,
City Hall,
TerDAY, February 17:
Concert at the Seamen's Institute... Tuesday, February 10-
Ball at Government Bouse. FRIDAY, Fary 201-
Princess Royal's Birthday (1887). SATCHDAY, February 21
wished for result Certainly, Peking sevelt has something of the pluck and cannot make bricks without strawidevenination of his father, for as a boy of in other words something more is her soned in purty of Indies from the needed than merely to isme a promisedge of cu away, borses... that the Imperial Government will be responsible for the notes. This has already been done to a smaller degree
Descon and Harston..
Tressel at. Hongkong.
C
J
The Magistrate fined the first prisoner 360 or three months' and the second 80 or two months' imprisonment,
The second instalment of “Saddling. Bell's Trading Notes," in which he will leal this time, with the old ponies and Merby griffins, will be published in to
morrow (Friday) night's China Mail,** John Peel's three Old Poulos per. formed erditably this morning: not starti lingly fast times but all put in 'strong Anishes. Sweet Pos in Woodkruso's bands finished much better than pre- riously, last quarter 32. Myatory. (Lind. my best Checkmato (Hickman) easily
over a mila ami a quarter by ́Möller, " finishing in an easy 33. Goodo Ecpe is -- Mr. Alabaster in opening read the
a good sub. from today's performance. judgment delivered on the hearing of
Ela severed the German Cup distance in the original proceedings in Chamber
27 last quarter 33. Maliratia Chled'i a lengthy documedt-in favour of the
mile and three quarters was the be Charged with boing-rogues and vaga
defendant. In the concluding sentences
gallop of the morning. Fall time 4,00,2, his Lordship said ho regretted that the
Inst three quarters 1.40.4, læst half 1.05, bouds two Chinese, found trespassing on
terms of the partnership agreement pra
last quarter 30.2. Rosario, after a mile, catrol said they had been gambling next which was most beneficial to the parties,
partners. The expert beat Sticker, three-quarters, by threo indifferent results, for the Chinese door and had taken refuge in the house to an so would, he thought, violate the general principle for the information of and a half with heavy sweating blanket clause 15 stated the seconds." For Awgi way galloped a mile business people are wise enough to rom the pelice. Evidence proved that terms of Article 15 of the Articles of the partners, and in the four preceding on Magpie beat Squirrel over a/mile; remember that promises are not alrisoners demanded admittance on the Association, which required resination clausce stated the exceptions to that and Thinin. beat Med Eve over the same ways fulfilled, and wheu impossible aircwe door. "Someone shouted police' and payment of the debts and liabilities general principle, which conferred the distance. Saxon Chief moved very well promises are made they are certain to and woman," said the first prisoner. The before distribution to the partners. The sights in certain events on the continuing and put up a nice gallop over the Derby remain unfulfilled. This would seem police were chasing a gambling gang. The summons was dismissed, and it was partner, the other being removed by distance, as also did his stable com- like an impossible promise. One writernd prisoner said that the fadian condered that the costs of the partner death, bankruptcy or retirement from the panion Nigerian, but the latter took four ata la passed them hut the lukong Arrested ship summons be paid out of the part-Colony, Clause 13 taken alonu esta seconde langor Mr. John Peel's four thews. After witnesses had been called for the defense Mrs Wood said that he was of opinion that the prisoners story was tree and they were not fo the house for the the purpose of realing. They are dis
Mr. Alabaster then proceeded to examine certain clauses of the agreement
draughtsman
in the different provinces, and with premises over which they had no sort of vented his ardering the mode of sale between the
suggests that the Government should burrow this large sum, and then proceed to administer it so that it be religiously devoted to the purpose of redeeming the notes and not a cent devoted to any other purpose. This
however, something to the good that may or may not be feasible. It is,
capable oficials, who are profoundly convinced that "something must be done, ure set apart to study the question, and try to discover some modus operandi by which the present impossible condition of affairs may at Jockey Club Race Meeting.---OA Day, «
at least mended and, if possible, end- 9.15 p.m.A.D.C's first performance ed. Further light on this difficult
of the 3 Episodes," Theatre Royal. TUESDAY, February 24
and complicated subject will be Entries close for Annual Flower Show,
eargerly looked for by all parties, and THURSDAY. February 20
not the least by the ordinary business No-Kowloon Land' and 'Building
Ca's Moating.
man and small shopkeeper, who now 9.15 p.m.-A.D.e. second and Instare at their wits end to know what is
performance of the "3 Episodes,” Theatre Royal.
the market value of a dollar note, being Stockbrokers Selling Day-
absolutely unable to say what that sme dollar will be worth in a week's time. They are almost sure that it will not then be worth more, and most probably it will be valued at something less.
Dng Chian Mail
HONGKONG, TROMSDAY, Feb. 12, 1914
CHINA'S PAPER CURRENCY.
SOCIAL AND PERSONAL.
THE JAPANESE RELIEF FUND
The Japanese Relief Fund Committee announces the following further subscrip.
tion with thanka:-
The death is announced, at Hamburg of Mr William Menke, who was for many Ir, would seem that it is not only years a well-known figure in the German Kwangtang that has been floodedmmunity of Singapore. Mr Monke lived with notes, issued in order to meet a left for good about two years ago.
in that Colony for over thirty years and pressing crisis, and for which the authorities have neither silver nor Mr. G. H. May, the newly appointed gold by which they may be re- Chief of Police of the Straits Settlemonte, deerned. As everybody knows, the reached Singapore with Mrs. May by the P. and O. intermediate steamer Nile." Mr two southern provinces are chaotic Max succesde Mr V. G. Lari, who was enough, but from what we hear other temporarily appointment on the retire- provinces are quite as badly enmeshed ment of Major. Dewar, and, like Kwangtung, see no way at present out of the confusion in which they have involved themselves.We learn that recently two officials were appointed to see whether it be pos sible to find out the extent of the linbilities to which the provincial Governments have become involved in issuing paper money in order to meet a pressing necessity. During the closing days at the Manchas the habit was started in issuing notes, which were accepted as current coin. When the Empire fell, local and Chinese this morning for playing the thres Dir. Hazeland, in a charge against a temporary Governments continued and trick and causing an obstruction, the practice, and followed on reek-rimated that he would give his decision Jeanly, with the consequence that tomorrow, as it had been bold that the there are the extravagances of two three card trick was a game of akill and not sets of rulers to meet and clear up. Possibly this does not cover all the facies, as the present Government-bas
BEWARE OF COLDS added to the sum total, It has been
YHILDREN we much more likely to found that provinces like Hunan, „contract the contagious disandan whân. Kiangal, Kiangen, Brechuen, and have colds, Whooping cough, diph
Previously announced.. Mr. Ip Wai To
..89,792,00 50.00
Total on the 11th Feb... ...$2,842.00
THE THRIE CARD TRIC
a game of chanos,
Made | thezia, soutlet favor, and consumption. Hupels afe volved in the same way diseases that are often conta
child b
"cold? That and probably a fuller
Authorities say hewsre
utier shan Chambera's
vestigation „Patent bed minor, dza - wifl; reveal the unfortunate fact that quick mne ve geoide.
throughout every pro
QURLS'S BOAD, HONGKONG Empire notes have been
Jay-22-1913
293 issued to meet: Immediate:
charged.
THE NINE YEAR OLD MURDER.
Prisoner Again Before the Magistrate.
nership necets.
rightly apprehended the meaning of the judgment to be that but for the terms of the partnership deed they would have got what they claimed in their
summons...
The Chief Justice answered in the
affirmative. I
ished the general principle of the law Derby, candidates wero auf but were not Mr. Alabaster submitted that he had that on a dissolution without agrement sent the full Derby course. Lockerbie's it was not necessary to state expressly performance was the best, beating annan that the goodwill it saicable must be sold, rather canity. Sir Galahad came out Sata The Judge in the Court below was unwith Vila in the saddle and went consciously misledd, Le contended, intoxic mile and a quarter, finishing in adopting the argument of Mr. Potter 1.1. that the words " property " and "affecta" did not inelude goodwill, What the Mr. Alabaster said in other words it Judge had in mind was that in case of was to the effect that the general rights the retirement of a partner from the of the partners were limited and cur-paugos mentioned the continuing part. tailed by their express agreement. It ner must buy the business, including its was therefore, be submitted "important goodwill, at a valuation. That was not first to seccrtain precisely what those the intention of the parties, because if genceal rights were which were altered it had boom the clauses would not havo by the agreement. Mr. Alabaster then been dräfted in the way they were. „quoted authoritiós sad rulings on this Under clausa 15 the remaining partner
SPORTING.
ASOCIATION FOOTBALL.
Hongkong Shield Tie.
H.MS. TAMAAN. ROYAL ENGINEZUS. The first Hongkong Shield match of the seson was played on the Naval ground
yesterday, the teams lining up as follow. -
H.M.S. Tamar--Heitzman; Palmer,
To-day before Mr. Hazeland at the point. These cases, he said, established was given the option of either buying Magistracy, Chu Toi, alias ChufTsoi, of the that a remaining a surviving partner the goodwill either at auction price, or Wan Chaa district, was charged onfremand and no right to claim valuation apart at a fixed price which gave him an ad. with (1) the wilfu! marder of Sin Wing (2) from agreement, and therefors valuation, vantage if the price happened to be lower attempting to murder Sin Sha and (3) with | clanson had to be put in agreements. than its market value. In order to get being in unlawful possession of arms and Surviving or remaiding partners also had a fixed price for goodwill it was casential no right of pro-camption Mr. Alabaster to mention its value in the agreement, Mr. J. H. Kemp, opening the also quoted decisions as the sale of because it differed from other sect ense for the Crows, said the murder goodwill.
which had a market valus and the value took place on the 11th March, 1906, at raised by Mr. Alabaster, said the pointing the figure. The important words in The Chief Justiça answering a point of which could be arrived at without fix- the Wong Nai Wa village, about taken by the Court below was that this the agreement, which were most care a brief visit by their right, was repulsed by
article did not include goodwill. A fur fully inserted by the skilled draughteraan but scored.
Morrish, From Lewis' centre Kally
ammunition.
mile and a half from the Yaumati Police Station. Deceased, his brother and the fuki early on the morning of March 11, 1965, were wa'king along *. road in the village And stumbled against some pigs in a sack. The neighbours raised, the cry of stealing
man
Clements; Ware, Hurdin, Monday; Jones, Nicholle, Adams, Bawlins, Drake..
Royal Engineers-Boges Coxon, Mor- rish; Farrigan, Smith, Robinann ; Lewis, Tucker, Hortop, Kelly, Sutherland.
Referee, Mr..F. Wright.
Losing the toss the sailors started and
The Sailors worked dewa
The silors were showing sur
alout
their
utter words the draughtanan suid" this is a valuation clause; property includes goodwill. Therefors I say that for the Rogers, however, cloured nicely. Lewis
nice passing was ren. Drake was the last In presessing and when shooting was charged over, a autner resulting. Hortop and Lewis both bad good shots repelled by Heitzman before half time arrive. Beare: HMS. Tamar, 0; Royal Engineers,. 0. The soldiers restared and Smith was
ther point he referred to in his judgment to guard against misconception were well and Robins a had to give a corner in was that reading as a whơo the articlo property other than goodwill"
In spod form and Adams nearly which required realisation of the partner ship asseta, ond en forth, the first step
apponents downfall, the cals of the business as a whole
mande off. and
I puti ng over a perfett centar," pigs. Decossed and· his companions would be à violation of this article. goodwill portion of the property other Hottop banged the le thor hard into goal, wero taking the pigs back to, the
Mr. Alabaster submitted that con of than goodwill, the remaining portion of Heitman pushing the ball on to the bar place from which they has been stolen the rossers of the terms of the judgments the property, has takes it at an ascertain and thence behind. The sailors forwards went down the field in a line and some when they w the prisoner and was that in the court below goodwill was able fluctuating price." Another reason another
rying another pig. gives its popular moaning, as opposed for the mention of goodwill in these Prisoner said to the murdered mae "The to its true, a legal meaning. He would danses of he partaceship agreement, Mr. pig does not belong to you" and Sin Wing how that the goodwill was the very sap Alabaster continued, was that the earlier eaid "Let me see it before I gire it up and life of Shewan, Tames and Co. clauses contemplated the disappearanez With that the prisoner fred on Sin Wing. Reading from afidavits he pointed out from the business connection of one only The latter's father, who came out of the that the business was started in 1806, of the partners, and consequently cor house, was also shot by the prisoner. Both and they had its valuation on that dato relatively to that the earlier clause working his way towards goal when Falmer the wounded men were conveyed to the
se stated in the judgment. Also en contemplated the taking over of the con: pulled him up sharp Drake was making bine for R.F'a when offside caused the file they had in agreement medo nection by the other. There were certhe sailors some dissatisfaction. Kolly and capital and Sin Wing expired. between these two partners two years tain drugs which decided the giving up Richards when down on the left and when tunately the prisoner had been
sesalator whereby it was agreed that the by ono and the taking up by another of the latter was latter was about to shout, before at a previous quarrel.
danger price to be paid for the shape of a de- the whole business connection. If the be rily charged and the When put up for identification on the crowd, bankrupt or retiring partner shall goodwill was to be paid for apocaly it hooked out by Marrish hat the silos Avorted. A centro by Jones was cleverly. January 9th, thres persons picked him out be $50,000, so they say that in two must be provided for in the terms of the returned and Nicholls shot over the bar without bastitation. When strested theyoure the value of the goodwill "had taking over." Hall and Hall, tho feiding when in a scoring position. Ruith wann Primobor was carrying'a lónded revolver. doublod." The value of the goodwill was cage, which was an authority in his worker at centre half for the RE
The case is proceeding..
again raised cight years later, by an favour. laid it down that in the taking half. Lewis sent in a terrife shot to which repeatedly get the leather into the sailėra agrocent of 1900, to $300,000. Accord- over of the business by the partner, re- Heilsun
out and Bated AMLY, ing to the fast balance sheet made up on maining, the goodwill had to be paid and close to the upright. The E.E December 31, 1912, there was then stand. | for 16 had to be mentioned specifically.
For
THE DOUBLE-MURDER CASE.
ing to the credit of the plaintiff the aum of $155,277 and to the credit of Mi Shown with the firm them of In connection with the double murder arrived at in the balance sheet by taking $23,118, which respective credits were charge now before the court, Mr. Otto Hong the agreed value of the good will of the Sing, solicitor, who is appearing for the businos at $800,000. The meaning of defence, informs as that the murdered that, Counsel continued, was that if persons are the prisoner's own mother and the value of the goodwill was taken as wife and not bis step-mother and wife.
We also understand that important statements of denial have been made by the prisoner.further hearing of the case will take place next Monday,
Cao proceeding.
FALE OF A CAFE SHARE.
Court Orders Interim"Attach--
ment.
Mr
$300,000, it was found that Mr. Tames was worth $155,000 and Mr. Shewan $23,000, but if the goodwill was taken as E. Sharp, K.C., made an soplicati n të
In the Supreme Court this merging being worth nothing Mr, Tema wan the Chief Justoa, Sir William Be worth $5,000 and Mr. Showan was hope Davies, on behalf of Choi Sei Woon, of 33, Issaly insolvent. So their Lordships Wyndham Street, for an interim injunction. muse loan against a construction which would have shat humble result. By the restraining Cheung Haung Chit, & partner PANY'S CON Last balance sheet it was shown has in the Alexandra Cafe, Hongkong, EIE OFFICERS. night of sucossion, that washer and disposing of his partnerabin share.
thing worth having. I cns could buy busines, or in the alternative oiling the goodwill valitable businowa would him to furnish security in respect of an
purchaser could not motion pending in the Supreme Cour
ould have sticka - Mr. Bharp," who made the applicable would just before. 12 30, wid he had recrira
To formatur Ehat, at that bour the defen
o Defendant wasa peryon ssent not
debe
'WWE
the winger again shooting fa hard
Tota of 'attacking at this period and, on
Maple Brinkicking, Horton had se
but him ahnt atun faw yards went straight to Haitam, who cleared. Still pressing, the E. appealed in for a pensity
the ringe was raised and and there was 'preat world 10.- scrimmage at the goal. Cozma, Wice kicked- ont likely looking shots and Rogers saved from Nicholla. Nose the Roth, füokards brought Heitzman to his know, in sying. but belther" side was able to score, the match ending
M.B.8. Tamar, 0; Royal Engineers. 0.
Hongkong Cricket Cizh,
Tas following will repre th H.K C.C. in the Legi