TUESDAY, SEPTEMBER
CALE ADATKE "MERCYKY“ BINGKONA
CED
ARI, È EDITIO
W 193
MASTERTY
P. Yoce
VASIONE
MERCURY MOTOR CAR .CO.
59-61 Des Voeux Road Central
HONGKONG.
COMPANY MEETING. ».
DAIRY FARM ICE AND COLD
TORAGE CO, LTD.
"
المسيحية
other forms
1990
GYNERAL: OFFICE MAK. BRASER SHOW HOO ROBERT Reih
THE CHINA MAIL..
WHY BE RIN
ILPAÐIMENT.
PLAUSIBL STORY
JEVED.
STOLEN TEA
SHIPS PLUMBER. OHAKSID.
The Chinese ship's plumber of the CP.QS. Empress of Asia," was this morning charged before Magistrate Orme with the unlawful possession of 19 lbs of Indian tea.
a capital of $190,000, divided into 40,000 shares of $10 each. Twenty thousand of these shares were allocated to the Chinese subscribers: and the balance to this Company's shareholders to be offered to them pro rats to their holdings, in tha Dairy Farm. I am pleased to say that all the shares allocated to the Chinese subscribers have been taken up and in due course the balance of 20,000 shares will be offered to this Com pany's shareholders. The building
week. He could not use so much, to receive the machinery is in course of construction and we hope to be this morning, on a Chinese charged so he hoarded some of it
After hearing the evidence, the in a position to produce ice in with the theft of a coas ar Samshuipo. Canton next Sumter without the When asked to plead, the delen-Magistrate fined the defendant $100, necessity for exporting any from Hongkong: The capacity of the present plant is 30 tons of ice. per day and provision has been made
for adding a further 60 ton machine if necessary, and your Directors are of the opinion that within a year's in Dairy Farming. But for these judging by the growing demand for
of activity your ice, it will be necessary to
unport the Company could not have paid additional machinery We have every. dividends, and great respect is due confidence that the Company will tp the Management in years past pay from the and that Canton which saw the necessity of creating and the outsing districts will be able
One month's hard labour was the sentence passed by Magistrate Orme
The defendant said that the tes was given to him as rations on board the ship. He drew 1 lb. of tea per
dant said I did not steal the coat or in default, one month's Imprison
ment with hard labour, It is rune,
inspector Lanagan, who prosecuted. said that the defendant was caught by
Indian wajchman, who saw him run- ning, followed by a crowd. Defen-1
dan threw the coat down when he
sza the Indian. ***
The Magistrate: If you did not steal, why did you run?
Defendant I was chased by A
The Magistrate: It the coat is yours why did you drop it when you saw the watchman?
The 24th ordinary annual meeting other branches of business to support to obts ice'at a greatly reduced hostile crowd who wanted to assault ! of this Company was held at the the Dairy business which has always price. The new Company's Articles me; so naturally I can. Anyone would? Company's town office at 12:30 pm. been koked upon more a public of dissociation are now in course of run.
recessity that as a profit mai reparaHop and we hope to put the Such a situation must whole matter through in the very to-dav
Mr. L N. Leefe presided and there concern. were present Mr. J. Scott Harsten, however be kept within bounds, and near future. F. Maitland, W. S. Brown, (Directors) it is because the production of A. Stevenson (Manager), M. Manuk milk has become such an increas (Secretary), Messrs. H. W. Page, Ging loss to the Company that the Sewell, C Makeham, G. Oliphant, Directors saw no course open to GJ Tacchi, Caan Tong, Chan them but the unpopular, one of In Nain, Chau Nai Bai, and J. M. raising the retail price of fresh milk from 12 cents to 15 cents per bottle,
Wone
The Chairman: Asit is past the; time for which this meeting was called and there is a quorum present, I will ask the Secretary to read the notice convening the meeting.
The notice having been read the Chairman'said.
Gentlemen, The Report and Ac counts having been in your hands for the prescribed period, I will, with your permission, adopt the usual procedure and take them as read.
Before dealing with the Accounts, I wish to refer to the retirement of your Manager Mr. Walker. Mr. Walker joined the Company about 30 years 300 and became the first Mana- ker of the reconstructed Company in 1896. He retired this year and your Directors were thereby deprived of a source of counsel and practical matters connected Experience in with the Company's herd and farms on which they had learn to place the highest value. As a mark of appre ciation of his long and faithful services, your Directors granted him six months' leave of abunce prior to his retirement and an honorarium of $15,000-which I have no doubt will meet with your unanimous Approval Mr. Stevenson has been appointed to fill the vacancy thus
created.
In conclusion I might mention that the Staff have not been forgotten, and in view of the satisfactory results attained, your Directors have been pleased to vote them a bonus of 15 per cent, on the salaries, which no With these remarks gentlemen, I doubt will meet with your approval. beg to propose the adoption of the Report and Accounts.
and with the greatest reluctance this revision of prizes has been imposed as from 1st September. Bearing in
After that has been seconded, I mind the ever increasing cost of production due to advance in prices shall be pleased to answer to the Dairy machinery.best of my ability any questions of foodstuffs, Lutensils and labour, and in the price of shareholders may wish to ask arising
cattle themselves, it really a matter out of them
Mr. Makeham: I have much of congratulation that it has been possible to keep the selling price of pleasure in seconding the adoption the Company's milk unaltered for as of the report and accounts. long as eighteen years, during which time the cost of production has gone up from 100 per cent to 150 per cent.
а
The Chairman: As no shareholder has any questions to ask I will pat the resolution to the meeting. Pro-
Mr. Makebat
that
the
Defendant: I dropped it because it was cumbersome and prevented me from running last:
TO-DAY'S ADVERTISEMENT.
TOTO" KISEN KAISHA.
NOTICE TO CONSIGNEES.
Steamship
TO-DAY'S ADVERTISEMENTS:
PUBLIC AUCTION,
ANE Underigned have received in-
structions to sell by Public Auction,
THUE
op
*DAY, Sept. 23, 1890, Commencing at II B.
at Pacific Mail Godowns, West Foint.
41 Mild Steel Pinter
"115
28 Mild Steel Flater 5/16" x 8' (damaged by sex-water). ex s'"ELKRIDGE ' TEE Cash on delivery.
LAMMERT BROS.", Auctioneers. Hongkong, September 21, 1920. -
"BEN" LINE OF STEAMERS. From ANTWERP, MIDDLESERO. HONDON AND STRAITS.
HE Steamship
KOREA MARU.” From SAN FRANCISCO, via HONOHE LULU, JAPAN PORTS & MANILA The above named Steamer having arrived on WEDNESDAY, 22nd Sept 1930, consiganes of cargo
are hereby notified to present their Bill of Lading for immediate counter signature, and take delivary from alongside steamer or the Company's Godown, where all cargo
landed at consigrees' risk."
I am aware that by these remarks I posed by myself and seconded am throwing the Board open to the superficial charge of not having report and accounts as presented he Those in favour please studied the shareholders interests adopted.
I do not however signify the assent in the usual way. Sufficiently. believe that such a charge will Those against? Carried unanimous . The next business is the re be made. In dealing with necessity of life like milk, where an election of Sir Paul Chater and Mr.impeding immediate discharge will be addition to the price throws a burden. N. Leefe is Directors. upon those least able to bear it, a broader view than that dictated by the desire for gain raust guide the Management. That is the Board's reason not excuse for having kept the price stable so long, and that is the reason that they opposed an increase in the price until an increase became inevitable.
BENAVON,”.
CONSIGNERhat all Goods are being of Cargo are hereby landed at their risk into the hazardous and/or extra hazardous Godowns of the Hongkong and Kowloon Wharf
from the whizves delivery may be and Godern Co., Ltd, whence and for obtained.
No Claims will be admitted after the Goods have left the Godowns, and all Mr. Tacchi: I beg to propose the
Storage will, be assessed
eGoods remaining undelivered after the Cargo remaining undelivered after 28th inst, will be subject to rent. re-election of Sir Paul Chater and
All claims against the Steamer mast Mr. L. N. Leefe as Directors.
I have much Wednesday, 27th September, 1820. Mr. "Oliphant:-
All broken, chafed and damaged pack-be presented to the Undersigned on or pleasure in seconding that.
The Chairman: The re-election of ages will be landed into the Company's before the 5th October, or they will not Sir Paul Chater and Mr. L. N. Godewa, where same will be examined on be recognized,
as Directors has been Friday, 1st October 1823, 11 M. Leefe proposed by Mr. Tacchi and seconded by Mr. Oliphant Well you kindly signify your assent in the usual way. Any against? Carried manimously,
Our Dairy is equipped with up-to- date Dairy Machinery and appliances With regard to the Accounts, in which though a source of extra ex- spite of the violent fluctuations in pease are necessary in order to sup: The next business is the appointment exchange and the uncertainty of ply our customers with pure and of auditors. supplies, your Directors are pleased wholesome milk. Cost of production
Mr. Makebam: I beg to propose to be able to lay before you a result would certainly be much lower were the appointment of Messrs. Percy for the year's working which reflects we to conduct our Dairy and handle Smith, Seth and Flemming.
Mr. Sewell: I beg to second that credit on the Staff and on all connect- our milk under primitive methods as
the local Chinese The Chairman: The reelection ed with the Company. It is proposed obtain in to deal with the available assets as Dairies, but which are incompatible of Messrs. Percy Smith, Seth and with an institution such as ours Flemming at a remuneration of $600 follows:
claiming to be one of the best, if not has been proposed by Mr. Makeham To wrke off bad and
doubtful debts....$ 2,705.57 the best, Dairy in the East. The and seconded by Mr. Sewell. Those health of our herd and the necessity in assent please signify in the usual Pay a Dividend of $150
171,000.00 of supplying the public with the best way. Those against? Carried unani- per share.......... Place to Cattle Reserve 30,000.00 and purest of Dairy products producmously. That, gentlemen, is all the
ed under most bygienic conditions business. Dividend warrants Typhoon & Fire Insur
5,000.00 receive the constant care and atten- ready. ance Fund
..Carry forward
mention that
are
and
to contend with wanting their "pound
of flesh." Then there are officials.
3,356.67 tion of our experts. It is not Mr. Sewell: Before the meeting You will observe that we have also correct to asstime that because closes I should like to express on had to recognise the chims of depre. Our turnover is large, that our behalf of shareholders our satisfac ciation to an unusual extent. Some profits must necessarily be more, tion in having the same able Direc of the buildings at .ow Ice Works inasmuch as a greater number of torate we had last year *require extensive repairs, whilst the young stock, which produce nothing to express our appreciation of the machinery must be replaced by a have to be housed and fed, and a very excellent work done by our plant which proportionate amount of capital has Staff. It has been a difficult time. more up-to-date explains the provision for writing to be invested in land, buildings & On the one side there is the public down. At this juncture I might in order to maintain the non-produce and then we have the shareholders
we have already live stock. After years of expers ordered a 20 ton plant to be ence the danagement has found that
Point it is more advantageous to raise our But in spite of all these factors we installed at. our East Works and hope to have it running young stock, which are thus better are very gratified at finding our- by next Summer, when we shall be climatised, thare to "import animals. selves in such a very fine financial in a position to meet all demands it is cheaper and more profitable to position and with such excellent
have a few head of milch aws and to prospects. It is with extreme regret that your handle their product under-primitive Directors have to report the loss of methods than to carry a large stocks, Directors and Staff. I should like to about 120 head of cattle daring the as we do, and treat the milk and its thank Mr. Sewell for the remarks he last three months owing to an out-products in an efficient way and has made. I think we have steered break of pleuro-pneumonia, The under strictest sanitary conditions. the right course notwithstanding the many criticisms levelled at us from disease was introduced into our farms All these additional cares
additional ex- all sides. Dividend warrants are from Australia to meet the growing penditure with consequent additional now ready. demands for milk. Of these, 46 head cost in production.
for ice for some years to come.
by the new lot of 60 cattle imported equipments mean
and
All broken, chafed and damaged Goods are to be left in the Godowns, where they will be examined on the 28th inst, at 10 am,
No claims will he recognised after goods have left the tier or Godown, and none will be entertained if presented later than three weeks after arrival
No Fire Insurance whatever will be ed by of steamer.
Y. TSUTSUMI.
Manager. Hingkong, September 31, 1829.
effected.
No Fire Insurance has been affected. - Bill of Lading will be countersign-
GIBB, LIVINGSTON & CO
Agents. Hongkong, Sept. 21, 1920.
TO-MORROW, at -2.30 p.m.
EXTRA SPECIAL ATTRACTION,
THE BANDMÀN COMEDY COMPANY ON THE SCREEN
By kind permission of MAURICE E BANDMAN LEONARD STEPHENS supported by
CARL LAWSON & BERYL BARRACLOUGH and other members of the Bandman Compiry will present the farcical Comedy
The Chairman: On behalf of the LUMPY WINS THE CALCUTTA
PICKPOCKET CAUGHT.
CHASE IN THE CITY.
SNATCHER OF $100 GOES TO JAIL.
were slaughtered under Government To those who regard the Dairy instructions, for which your Com Farm, and the efficiency of its man- pany received about 70 per cent of agement and methods, as an asset to their value as compensation from the the Colony, I would point out the Government. The disease, I am prudence of, when possible, becoming sorry to say, is not yet stamped out not only a consumer of its products, but your. Directors hope and believe but a part proprietor of its property that it is checked. To replace in other words of becoming a share these cattle and to meet next sum bolder. It is evident that the Chinese
Before Magistrate Dyer Ball this mer's demands, we have placed an residents have come to realise not order for 150 head to arrive only the importance of the Dairy morning, a Chinese was charged with early next year from Scotland, Farm Company to the Colony and and your late Manager, Mr. Walker, the efficient aanmer it is managed, picking the pocket of another Chinese has been requested to attend to the but have also realised that the Comin Queen's Road Central, near the buying of these animals Incidents pany from a dividend paying point Fire Station, and stealing $100-in of this sort evidence in no uncertain of view is a sound comorn to invest
Defendant pleaded not guilty." manger, the need for substantial Re their money, in. It would be as well serves and you will note that $30,000 if the European population were also Inspector Blackman, who pro- has been added to Caule Reserve, to realise these facts and thus ally secuted, said that the complainant and thus increasing this Reserve to themselves closely with the Company a friend were walking along Queen's $150,000. I might mention that and help to maintain the methods
notes.
Road: Central about 1. pim.yester
this Reserve is not a liquid asset, that have gone to make the products day, when the complainant feit, a tug
at his pocket. He took no notice and walked on. When he felt a second
as can be seen from the Accounts, of the Dairy Farm what they are to but it is utilised to extend the day, and Compary's business, and the ad- It was decided by your Directors, tug, the complainant turned round and dition of the $30.000 is only in order to meet the growing demand caught the defendant who was about means of keeping back that Lanch of for ice from Canton and the surto run away wha the profits in order to meet part of rounding districts, to install plant defendant strugg
the cost the new cattle, in Shamten, and with a view to away: The
He will chips interest you, and financing this u
also the public,, locknow that the to flotta sepack
Misfactory's Tesals now
dattentively in the branches Company's batiness oth
they decided and the defendant
Perty, Lari DE ENGI
SWEEP"
in three side splitting reels.
This film met with enormous success in India, which should be duplicated in Hongkong.
Prices:
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Capital Paid-up and Surplus... Fes, 105,000,000.00
The organisation of the Bank enables it to open CURRENT ACCOUNTS, SAVING ACCOUNTS and to accept FIXED DEPOSIT in local currency and ANY. FOREIGN CURRENCY,
accounts and deposita mayOB CON PIME without ANY CHARGE
ATE
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Apply for terms
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duty extra.
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ica per
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