Page
FRIDAY, JANUARY. 30, -1920,
COMPANY REPORTS.
THE HONGKONG AND KOWLOON WHARLAND GODOWN CO., LD.
The following is the Report of the Hongkong and Kowloon Wharf and Godown Co., Ltd. for presentation to Shareholders at the Thirty Third Ordinary Annual Meeting to be held at the office of Messrs. Jardine, Matheson & Co, Ltd. en Friday, February 6, 1920, at noon.
The Directors beg to submit to shareholders their report with a statement of accounts. for the year ended 31st December, 1919,
The profit on working was $998,12000 as compared with $969,048.24 in 1918.
The nett profit for the year after deducting Directors' and Auditors" fees, and paying for repairs is $899.179.27. The amount brought forward from last year is $40.523.96 making a total of $939,703.23 available for appropriation The directors recommend the following
To pay a dividend of $6 per share...$480,000.00
*
J
a bonus of $1.50 per share
write off Launches........
THE CHINA MAIL.
* been audited by Mr. H. Percy Smith
election.
Auditor The Accounts have. who now retires and offers himself for r
"Hongkong, "gar,uary, 21, 1920,
T. F. HOUGH, Chairman.
BALANCE SHEET DECEMBER 31, 1919) 7
LIABILITIES.
Nominal Capital 6,000 Shares at $50 per share Issued Capital 6,000 Shares, at $30 per shart Accounts Payable in relaz Dividends Outstanding..... Profit and Loss account
Balance from 1918 account ................................ Profit for 1919
Cost of Property Cash at call
*
400 62 18,922.16
TO-DAY'S ADVERTISEMENTS.
THE HONGKONG ELECTRIC
COMPANY, LIMITED,
NOTICE TO SHAREHOLDERS..
1.047.70 NO
300,000.00 180,000.00
977.94 NOTICE IS HEREBY GIVEN that.
the TRANSTER BOOKS of the above named Company will be CLOSED from FRIDAY, the 0th day of February. 1920, to MONDAY; the 16th day of 19,323.28 February, 1920, both days inclusive.
Dated this 20th day of January, 1980. $ 201,348.92
By Order of the Board, GIBB, LIVINGSTON & CO.. ..$ 185,752.95
Agentu
ASSETS.
Cash In Hand.............
1:20,000.00
Cash at Bank
163.47 5,596,80
8.000.00
Lighters....
27,000.00
Accounts Receivable
P
Machinery and Plant.........TAKS
14,720.00
Kowloon Wharves...
61,077,00
•
West Point Wharf
2,000.00
33
Railways and Rolling Stock.....
12,000.00
25.000.00
carty forward to new account
186,906.23
Buildings....
PROFIT AND LOSS ACCOUNT.
DEAIT.
$939,703.23
To Charges
To Repairs.
To Fire Insurance........................
To Commission to Agents To Director's Fees To Autitor's Feés
Directors-During the year Messrs. A. 5. D. Ceusland and A. O. LangTo Crown Reat....... zetired and their places were taken by Messrs. D. K. Moss and J. W. C. Bonnar. Messrs. C. S. Gebbay. and A. David retire according to the Articles of Association and being eligible offer themselves for re-election
Auditors-Messrs. F. Maitland and . Percy Smith, F.C.A. have audited the accounts now presented and offer themselves for re-election.
JOHN JOHNSTONE, Chairman.
Hongkong, January 23, 1920.
BALANCE SHEET, DECEMBER 31, 1919.
To Capital, as per last a c................
To Ealance
By Rent
..
LIABILITIES.
As per Resolution of 28th March, 1919..
$3,000,000.00 1,000,000.00
To Equalisation of Dividend Fund......
To Profit on Sale of Fractional Suares
To Sundry creditors.
To Unclaimed dividends
To European Employees Provident Fund
To Balance of Profit and Loss account Brought
forward from 1918
Nett Profit for 1919
40,523.95 895.179.27
-$4,000,000.00
150,000,00 3,252.94
510,264 89
3,206.16 91,438.58
939,703.23.
$5,697,866.10
,, Interest
Scrip Fees.
10,000.00
5,760.27 1:835.70
$201.343.92 SEAR
$
THE, HONGKONG ELECTRIC COMPANY LIMITED.
EAREHOLDERS are reminded that Second EXTRAORDINARY GENERAL MEETING of the above named Company (Notice of which was daly given on the 13th day of Janzáry. 368.68 1920) will be held at the Registered 1,335.10 offices of the Company, St. George's 442,00 Baildings Victoria, Hongkong, on 736.00 MONDAY, the 16th day of February. 1,607.71 1920, at 11 o'clock in the forenoon for 500.00 the purpose of considering and it 50.00 thought Et confirming AA Special 18,922.46 Resolutions the resolutions set out un- demonth which were duly passed as. $24.011.95 Extraordinary. Eesolations at the Ex- traordinary General Meeting of the Company held on the 25th day of Jactary, 1920, víz
CREDIT.
S
$ 23,815.00 188.95 *8:00
24,011.95
T. F. HOUGH)
T. E. PEARCE Í
Directors
MOWBRAY S. NORTHCOTE,
Secretary to the Hongkong, Land Investment and Agency Co, Ltd., Agents for the Kowloon Land and Building Co., Ltd.
I report that I have audited the above balance sheet with the books and vouchers of the Company and that in my opinion such balance sheet is properly drawn up so as to exhibit a true and correct view of the state of the Company's affairs at December 31, 1919, according to the best of my information and the explanations given me, and as shown by the books of the Company.
43
I have obtained all the information and explanations I have required.
H. PERCY SMITH, F.C.A.,
Hongkong, January 21, 1920.
.
THE MARATHON RACE.
DIO
Auditor.
LATEST SHIPPING NEWS.
ARRIVALS.
The entries to-date in the above Race, which is to be run for the 564,077.00 Hongkong Telegraph Cup"
The 6.5. ELPENOR, Capt. E. S An Saturday, February 21, at 3 ppm. from Singapore, with 1,300 tons. drews, 4,824 tons, strived yesterday at number no less than 128. This of general cargo. number includes 5 British Officers. The following analysis of the entries is given by the Race Sub-Committee, H.M.S." Hawkina".... 24 Carlisle" Alacrity"
32,000.00
ASSETS.
By Kowlion Land
$1,347,870.83
By Kowloon Buildings as per last account.
Since expended
$2,080,50-1.00
94.186.33
2,175,090,33
By Wharves at Kowloon as per last account
Less written off last year..
610,000,00
50,000.00
560,000,00
Since expended
4,077.00
By Railways and Rolling Stock at Kowloon as
-per last account.............
Less written off last year...
By Launches as per last a 'c.....
"Less written off last year
By Lighters as per last a c.......... Less written off last year
55,000.00 '23,000.00
40,000.00 5,000.00
$2,000,00
35,000.00
a
25,000 00
57,000.00
By Machinery and Plant as per last a c
47,625,00
Less written off last year -
12,125.00
35,500.00
Lese sale of old gear.....
720.00
34,720.00
By Land and Buildings at West Point
263,143 88
By West Point Wharf as per last a c..................
3,500.00
Less written off last year
500.00
By Sandry debtors.....
By Loans repayable
3,000 00 274,358.80 470,000.00
By Government 6% Exchequer Bonds (part of Provident
Fund) at cost
28,673.18
9,876.54
By Straits Settlements War Loan Bonds (part of Provident
Fund) at cost .......
By Hongkong and South China War Savings Association
..(part of Provident Fund) at cost...
By Hongkong and Shanghai Banking Corporation
By value of Stores on hand a namena.
By amount invested on Mortgage
24
By 6 Shares, Union Ins. Society of Canton," Ltd., at cost..
To Repairs
PROFIT AND LOSS ACCOUNT.
For the year ended December 31, 1919. DEBTOR.
embarra
To Directors' and Auditors' fees.
To Nett Proft for 1919.
By Nett earnings för 1919. ...............
CREDIT.
By Interest
JOHN JOHNSTONE Directors.
C. P. CHATER ⠀
H
1
1
'Submarines
6
R.G.A......
I
44
H.K.S.B.R.G.A.....
*... 17
74th Punjabis
2/22nd Funjabis
17 6
Wilts. Regt......
Hongkong Police ......
Civilians....
Messrs. H. Ruttonjee & Son have presented the "Peter Dawson". Cup as second prize,
CRICKET.
I.R.C. y. ROYAL NAVY.
52,271.05 The following will represent the 28,104.59 I.R.C. in a friendly match against 12,077 84 the Royal Navy on the latter's ground 310,000.00 on Saturday, at: 2.15 p.m.A. H 602.01 Rumjabu (Capt.). A el Arculb, G. C. Earde, S. H. Ismail, S. D. Ismail, D. $5,697,866.10 Rumjahn, N. M. Bux, S. A. Ismail, 5. M. Moosa, S. Moosdeen, and D.O. de Silva.
...$ 102,229 65 11,000 00
C.S.C.C. "A" v. CRAIGENGOWER
"A"
The following will represent the 899,179:27 Civil Service in their home match
against Craigengower at 2 p.m. to $1,012,408 92
morrow-E. T. Crocker (Capt.), A. 5. Anderson, F. Bacon, HF. Beván, $998,120.00 Burden, R. Duncan, E. C. Fincher,
14,288.92 S. Hamer, G. T, Knight, H. W. Sand-
ford, and G. H. Haskett
$1,012,408.92
W. S. BROWN, Secretary.
We certify that we have obtained all the information and explanations
KC.C. v. CHINESE R.C.
The following have been selected we have required, and, in our opinion, the above balance sheet is properly to play for the KCC at Kowloon drawn up, so as to exhibit a true and correct view of the state of the Come to-morrow, play starting at 2.15 pany's affairs according to the best of our information and the explanations mJ. P. Robinson, J. Stalker, J. given to us, and as shown by the books of the Company. We have seen all the securities.
F. MAITLAND
H. PERCY SMITH, P.CA..
Hongkong, January 23, 1920.
Auditors
THE KOWLOON LAND AND BUILDING COMPANY, LIMITED.
The 5.5. CHENAN, Capt. H. E. Laver, 1,355 tons, ssired to day at 8.18 from Swat wib 968 tons of general
CEITO.
The as CHEONGSHING, Capt. N W. van Cortland, 1,206 toms, aired yesterday at 6.458 p.m. from Hongay with 2,309 tons of col
The s.8. PR DUCE, Capt. E. Wisnes, 743 tons. arrived yesterday at 2.15 p.m. from Woosung with 1,400 tons of rice.
The 8. KWANGTAE, Capt. C. Legge 1,636 tons, arrived yesterday at 2.45 p.m. from Shangbai with 442 tons of general cargo and 65 bags of mail.
TO-DAY'S ADVERTISEMENT.
·PUBLIC AUCTION.
THE Undersigned has received in." structions to sell by Public A00-
tion
At
Од
MONDAY, February 2, 1929, commencing at 11 a.m. No. 23 Godown, Hongkong & Kow loon Wharf & Godown Co., Ltd., Eowloon.
(Fox ACCOUNT OF THE COXCKENED), 1417 Boxes Tin Plates (more or less damaged by ses-water),
Term Cash or delivery,
GEO. F. LAMMERT, "Auctioneer,
WEDNESDAY Jeb
commencing at
ZAFY 6, 1920,
- At Coins Providen£r Godown,
Weed Pointy
4 Bars Sell Bardening Steel
4 Bar L A. Turning Steel
A. 0. Braws, D. M. Goodall, A. W. 19 Bars Uval Chisel Steel, V. Braga, W. L. Elson, J. C. Fletcher.
Ramsay, W. L.-Weaser, K. R. Macao kill, A. de Sousa:
C.R.C v. I.COM
"The following will represent the CR.C. in the above match on Satur day at 2.15pm, on the K.C.C. ground: EREAD
Ng Sze Kwong, (Capt.), Un Hew
The following is the report of the board of directors to the thirty-first ordinary meeting of shareholders of the Kowloon Land and Building Fan, Geo. Lee, Wong Kwok Kwong, Company, Limited to be held at the Company's Offices, Victoria Balldings. Wong, Choa, Man Ping, Shin Man at 12 o'clock noon on Thursday, February 5, 1920.
Play; Wei Lee Son, Yew Man Hop, Gentlemen-The Directors now submit to you a statement of the Ho Wing Kin, and Lo Man Pin, affairs of the Company for the year ending December 31,-1919.
The balance of profit and loss account for the year including $400,82 balance brought, forward- from last account after writting off all charges.
C.C.C. CIVIL SERVICE A
4 Bars Round Punching Ste
Terms
\MMERT, tioneer. 30, 1020
CROUP VERY young child is susce stible to
croup. Don't wait until thi dreadful diresed attacks your little one and expenses, amounts to $19.323.28, The Directors recommend that a To be played on the CC.C. ground before you prepare for it. It comes in dividend of $3.00 per share be paid, which will leave a balance of $1,323.25 tomorrow at 2 pm. CCC "A" the night he chosen thould be to be carried forward to the credit of a new profit and loss account Team FC MAIves Abbas, thustly cloud, and this lons should be awarding Got and kenn. L'inin ber hina DirectorsDuring the absence of Mr. J. Rödger, Mr. G. W. Barton Goldenberg, N. Pinna, J. C. Barretto, Coogh Regsedy si land. It never fails, has been invited to join the board. This appointment now requires con- | 1. D'Almada “é- Castro, J. Lopes, 1. Lots quickly and fi abeolutely bitemless firmation. Messrs. T. P. Hough and I. E. Pearce now retire by rotation, Remedios, S. Hamid, S. Jex and C... For ule og All Chamists and 8tó. Land offer themselves for re-election.
McKenzie,
koeporn.
"That the Capital of the Company "be increased to Three million "dollars ($8,000,000) by the crea
tion of Two hundred and forty thousand (240.000) shares of Ten dollars ($10.00) each, ranking for dividend and in all other respecti pari pasan with the existing shares "in the Company."
"That the new Articles already "approved by this Meeting and for the purpose of identificatio thereof subscribed by the Chair "man be had the same are hereby Approved, and that och articles "be and they are berehy adopted es the Articles of the Company-to "the exclusion of and is substit "tion for all the existing Articles "thereof."
And the subjoined Resolution will be proposed as an Extraordinary Rescli-
tica:-
"That it is desirable to capitalize "the sum of $600,000.00 standing to the credit of the Company's "Reserve Fund, and accordingly "that for the purpose of effecting "such capitalization & benra of $10.00 per share on each of the issuer. shares of the Company be and the same is hereby declared and that the Board be and they are hereby "authorised to satisfy such bouts by the distribution amongst the per "sons who are registered as bolders * of the issued. 910 shares of the Company on the date hereof of one "of the mained $10 shares of the "Company credited as fully paid up in respect of each share of the *Company held by such persons 23 "aforesaid and in satisfaction of Manch aforementioned bonus, and "that such shares rank for dividends "and in all other respects as from "the first day of March, 1920.”-
Drafts of the new Articles of Associa tion may be seen at any time before, the second meeting, except Saturdays and Sundays between the bours of 11.a.m and 4 p.m. at the Registered Offices of the Company, or at the Offices of Mesars. Johnson. Stokes and Master, Priner's Buildings.- Hongkong, the Company's Policitor
Dased this 29th day of January, 1920.
By Order of the Board,
GIBB, LIVINGSTON & CO...
Agenia.
TO. LET.
TO LET.-1st Floor, No. 32. Des Vox Road, Central Suitable for, Ofice. Apply C. WARREN & CO., LT
PUBLIC AUCTION
THE Undersigned have received" in Estructions to sell by Priblic Ac
Ban
LEDS. LOCOUNT OF THE CONCERNED
TUESDAY
February 3, 1929, commencing at 2.30 pm, at their Bales Ecoma, No. 4, Des Toux Bond Corner of
Los Hones Street,
A Few Pairs of Binoculari and Prismatic Gisasos zuitable for the Facing Eeupon,
ALLO
Two Bellow Valises, Brit Cases,
AND
A Few Lots of
Face and Bath Towels and
- Double Bed Sheets. (Falt Particulars from Catalogue.)
HUGHES & HOUGH,
Abctionaocz Hongkong, Japan
CHAMBERLAIN'S TABLETS.
THESE Taklefa næs
-for-disorders o
heartburn, inchigestion or they will do you gond. For 1930 by (Chemists and Storekeeper,
NOTICES
LANE, CRAWFORD & CO
JANUARY 27th, to FEBRUARY. 3rd
STOCKTAKING
SALE
IN OUR MEN'S, WOMEN'S & CHILDREN'S
DEPARTMENTS
This Sale presents a striking opportunity, to acquire quality goods at a very low price.
BLOUSES & SPORTS COATS
AT HALF PRICE:
LANE, CRAWFORD & CO.,
COLUMBIA
GRAND
OPERA
RECORDS.
THE ANDERSON MUSIC COY.
(THE COLUMBIA SHOP)
16, DES VIEUX ROAD CENTRAL.
LTD.
TEL. 1322.
SHEWAN, TOMES & CO.
MOTOR DEPARTMENT.
DISTRIBUTORS FOR 1. COLE, DODGE AND OLDSMOBILE ÇARS, FEDERAL TRUCKS-FISK TYRES, HARLEY-DAVIDSON MOTORCYCLES, ARROW, BRENNAN, JACOBSEN, MEITZ, RED WING, ROBERTS, & VENN-SEVERIN MARINE ENGINÉS, We stock Spare Parts also carry a complete line of Auto-Accessories and Motorboat Fittinge
MOTOR CAR STORAGE-
AND
Bopsirs of all descriptions under European supervision. Repainting a specialty,
INQUIRIES AND INSPECTION INVITED. Call at our Motor GAPATS OB
No. 7 Russell Street
NOTICE;
Phone 659.
To have just received fresh stocks of all CUTEX preparations." CUTEX is absolutely the last thing in manicure. Try it Pepsodent Tooth Paste, the scientific now departure in Dental Preparations Prices lowered by high exchange..
COLONIAL DISPENSARY.
14, Queen's Bond Central.
Telephone No. 1877.
TANSAN
"THE CHOICEST OF ALL CHOICE WATERS.
Do you know.
THAT-fx all round general halth TANBAŃ- is the most important single item of your- everyday diet?WENS
That TANHAN is 100 per cent, pare-in it
- not even a tence of microbio lifa or organác
11
anding a bottle of TANSAN in the ́mon for any length of time it will be found
is free feam growth forms of any kind aa- whers taken from the SPEING 1self T
at TANGAN trappes more quickly in the los chest than any other known water, thus prorlog « .distinct' diferanos In quality
6--of all good, better and best Waters TANBAN is manife tly the BEST1 Tha-TWO HUNDRED AND ONE of the -- "most - eminent - physicians of America petitioned Congress for years ago to admit TANSAN Lee of Onstoms charges.
SOLE AGENTS
GANDE PRICE & CO. LTD.
WINK MERCHANTS:
E QUEENT ROAD,