THURSDAY, NOVEMBER 17, 1921.
SPORT.
LEAGUE CRICKET.
K.CC. 1st v. CRAIGENGOWER.
At Kowloon on Saturday at 2.15 pm, sharp the following have been selected:--Capt. E. G. Spinks, J. P. Robinson, B. D. Evans, C. Daner, I. Stalker. F. G. Thompson, F., E. Lawrence, R. Pestonji, Č. J. Stapleton, K. R. Macaskill and E. L1. Braga.
H.K.CC. v. 2ND BATTA.
WILTS REGT.
TO-DAY'S ADVERTISEMENTS.
IN THE SUPREME COURT OF
* HONGKONG.
BANKRUPTCIES Nos, 8 & 11 or 1920
ABE THE TSUN Six Hox,
A
Bankruptcy Notice.
FINAL DIVIDEND of 81.75 per cent has been declared in the above matter,
NOTICE IS HEREBY GIVEN that the abovementioned dividend nay be received at the Offices of Messrs. PERCY SMITH, SETH & FLEMING, No. 5, Queen's Road Central, Hong- kong, on MONDAY, the 25th. Novem ber 1921, between the hours of 10 am, and 12 noon, and any subsequent day. during the same hours.
The following will represent the Club on Saturday next at 2.15 p.m. on the Club ground-R. Hancock
Creditors applying for paymont must (Capt), A. A. Claxton, L. J. Davies, F. II. Farthing, W. J. Hope, B. G. produce any bills of exchange or other Lammert, L D. McNicoll, E. J. Rsecurities held by them and must sign Mitchell, T. E. Pearce, A. B. Raworth a receipt in the prescribed form, and M. M. Watson.
H. PERCY SMITH, F.C.A.) CHEUNG WAI YING, KWAN KI SANG,
1.R.C. 2ND v. RA.M C.
The following will play for the 1.R C. 2nd XI «gainst the R.A.M.C. on the home ground on Saturday att 2.15 pm.-E. Ali Moosdeen (Cap- tain), . Mousdeen. N. M. Bux, R. Nazar, N. Kitchell, A. 1. Madar, A. K. Minu, O Rajahn, A. K. Rahumal, M. Sadick and Y. A. Wahul. Reserve: M. H. Malar.
LRC, 48T. UNIVERSITY,
Trustees.
Hongkong, November 14, 1921.
WANTED.
WANTED EUROPEAN OFFICE ASSISTANT for Canton. Exper- icace in Exports preferred. Apply Box 1334, cjo “China Mail."
The following will play for the IRC 1st XI against the University on the latter's ground! on Saturday at 2.15 p.m. A Arculli, (Captain)," M. II. Abbas, A. J. Rumjahn, S. 1.1. Ismail, S. D. Ismail, S. A. Ismail, J. S. Curreet, D, Rumjahn, O. Ismail, 8. A. R. Ismail, and S. Reserve F. M. Areulli.
Abbas.
LORD NORTHCLIFFE.
HONGKONG VOLUNTEER DEFENCE CORPS.
ORDERS BY LIFUT-COLONES. L. G. Buen, D.S.O.
Administrative Commandant.
Camp.
The Mounted Infantry Section, Infantry and Machine Gun Platoons will go into Camp at LOWU on Friday evening the 18th till Sunday evening the 20th instant.
The 5.27 pm and 7.09 p.m. Trains from Kowloon will stop at Bridge 47 on Friday, 18th instant..
JAPANESE PAPERS NOT VERY ridge 47 on Saturday 19
ENTHUSIASTIC.
The Japanese papers have not given Lord Northclife the entinsinstic wel- come that was at first expected. The Tines having supported the renewal of the Anglo-Japanese Alliance, it was rather a shock to the Press
and
The following trains will also stop at
Sunday, 20th instant.
MORNING
Up
Trains from Kowloon Bridge 47.
to
8.35 A. M. (Sunday only). 9.15 A. M.
6,41 A. M.
1.18 P. M. (Saturday only). Dress for Camp, as detailed in Corps
BAGGAGE
Member wishing to have their baggage sent to the Camp at LOWU must deliver it, clearly labelled with owner's
to discover, from the interview tel-Orders on Wednesday, 9th instant. egraphed from Hongkong that Lord Northcliffe's studies of the subject for the past two years had led him to the conclusion that the Allianze had outlived its usefulness. The name, at Headquarters by 2.30 p.m. Tokumin and the rahi hope that on Friday, 18th instant, and 10 a.. now that Lord Northcliffe has the on Saturday, 19th instant. opportunity of seeing Japan for him-
self. be will change his opinion about the Alliance, though how that effect can be produced it is impossible to say, the Alliance being something quite independent of the manners of the people and the charm of the scenery. Lord Northelife has pro- bably had too many years' experience of earnest persuusions for assurances that things are not what they. scem to have very much elect npon him. The Jiji hopes that the Japanese people will lay before lim their case, in order to secure his powerful influence. The Yomiuri, singular among Japanese newspapers in its capacity for seeing from a "detached point of view, agrees with Lord Northcliffe about the Alliance. baving outlived its usefulness. though it acknowledges that it would be still of advantage to Japan, but for the inevitable hostility that it arouses in America and China.
·ROUGH WEATHER.
CHINESE COASTER OVERDUE.
MANY VESSELS DELAYED.
On
;
G. F. E. RAPSON, Bt-Major,
Adjutant, H. V. D. Corps.
Hongkong.
Thursday, 17th November, 1921.
CITY HALL Third Piano Recital (Romantics). given by HARRY ORE
assisted by
DANIEL ONDERWIJZER (Baritone of the Royal Opera in Amsterdam),
Monday, 21st November,
at 5.30 p.m. sharp. LADY STUBBS
will honour the recital with her presence!
Booking at ANDERSON'S.
PUBLIC AUCTION.
Auction
од
Many vessels have been delayed owing to the rough weather which is at present being experienced in the China Seas and there is one Final! Undersigned will sell by Public Chinese coaster, the e.s. "Kwai Wah,” which is now three weeks overdue. She left Quinhon, on the coust of Aunam, on October 23 for Hongkong and has not been
of since.
Owner, the Wai Hing Company, have written in to the Harbour Master asking him to make inquiries from masters coming here from the South.
heard
The
A good deal of anxiety is being felt in regard to the Japanese cargo boat "New York Maru" which won't ashore -near the Paracels ten days ago. There has been heavy wenther ever since thon and, as the vessel is on the wenther side of the reef, reactio work has been impossible The M.B.K. salvage stourer Azuma, Maru" ur
WEDNESDAY, Nov. 23, 1991, commenting at 11 a.m.
their Sales Rooms, Duddell Street,
A Selcotion of High Grado Cash- mere and Twood Sult Lengths, Superior Overcoating, oto. Terms-Cash on delivery,
LAMMERT BROS., Auctioneers. Hongkong, November 17, 1921.
TO SECRETARIES OF CLUBS AND OTHER INSTITUTIONS.
ALL preliminary notices of forth
THE CHINA MAIL.
A copy of this Prospectus in English and Chinese has teen filed with the Registrar of Companies
The Subscription list will open on 15th day of November, 1921 and will close on or before 15th day of December, 1921.
THE HONGKONG HIDE AND
COMPANY, LIMITED.
LEATHER
(INCORPORATED UNDER THE COMPANIES ORDINANCE 1911-1921)
SHARE CAPITAL $1,000,000.00
Divided into 100,000 ordinary shares of $10 each:
Of the above sbares 18,710 are to be issued and credited as paid up, and as hereinafter mentioned, 56,290 of the remaining shares are now offered for public subscription, payable as follows:-
$5 per Share on Application. $5 per Share on Allotment.
It is not proposed to issue the balance of 25,000 shares until it shall appear necessary or advisable to do so (in the interests of the Company) and for the purpose of the further development of the Company's undertaking.
DIRECTORS.
Hon. Mr. LAU CHU PAK; Gentleman, Caine Road, Hongkong.
W. A. DOWLEY, Excbango and Bullion Broker, Room-6, Post Office Buildings, Hongkong, M. CHAN HARR, Maraging Director. Sincere Company, Limited, Hongkong. HO JACK LUM, Partner, Kwong Sang Lee, Hongkong.
W. M. HUMPHREYS, Partner, W. G. Humphreys & Co., 5, Duddell Street, Hongkong.
BANKERS.
Hongkong & Shanghai, Banking Corporation, Chartered Bank of India, Australia and China, Bank of China,
SOLICITORS.-Wilkinson and Grist. SECRETARY. Sydney Humphreys.
AUDITORS. Percy Smith, Seth and Fleming. REGISTERED OFFICE.--5, Daddell Street.
ABRIDGED PROSPECTUS.
Object. This Company has been formed to purchase as a going concern the business known as the Humphreys Hide and Leather Works carried on by the firm of W. G. Humphreys and Company of No, 5, Duddell Street, Hongkong.
Business.The business comprises the manufpeture of all kinds of Leather and the dealing in of hides and skine, and of all descriptions of goods and merchandise incidental to the business of such nature, and is carried on upon extensive, well-built, commodious, and modern promises situated at Ma Tau Kok, Kowloon, on Kowloon Inland Lota Noe. 1267 and 640,, which contain an area of 110,942 equare feet, held under Premises at. Ma Tau Kok a Crown Lease for 75 years with an option of a further 75 years from the 18th lay of December, 1911, subject to a Cuwu rent of $506.00 per humum. These promites are within the Offensive Trade Area ne telined by the Sanitary Authority and a licence has been granted by the (lovernment to carry on the business of a Tannery in all respects thereon.
Site.The Site is ideal for the purposes of the business, its area is ample for any future extensions that may be necessary, it is situated on the main road between Ilok Un and Kowloon City, and is in close proximity to the
sea front.
Buildings. The extensive buildings erected on the Property are constructed of the best solid brick and concrete with tiled roofs, and concrete pits and flour, this type of construction ensures a low rate of Insurance ngainat Fire.
Machinery and motive power. The Tannery is equipped with the most up-to-date Hide and Leather working machinery. The motive power is supplied by a 100 B. H. P. Crude Oil Bolinder Engine with Generator direct connected, the various processes in the Tannery being operated by separate Electric drives from individual Motors.
Water supply. There is an independent supply of water from a specially constructed Well on the premises which is ample and suitable for the business.
Labour. A plentiful and healthy supply of cheap country labour both male and female is always obtainable, The expansion of the business will therefore provide employment to a-largo. number of Chinese labourers whose increased efficiency and development is in itself sufficient to commend this undertaking to all those who have the interests of Chinese-and-British trade at heart. From the foregoing facts it is asserted that from its equipment and position the Tannery has few equals.
Purposes of Formation. The Reasons of the Vendors in turning the business into a limited liability Company, are:-(a) To procure the neccesary additional Capital required, in order to meet the increasing demand for their heather. (b) To further develop the business along sound progressive lines.
TERMS OF PURCHASE.
The premises are sold to the Company subject to a charge to the Mortgagees to secure $300,000 at an interest of $7 per cent per annum. The Mortgagees stipulate that $160,000 shall be repaid by the Company at an early date and consent to the balance remaining on loan. If as is anticipated the shares now offered to the public are fully subsribed it is proposed to pay off the whole debt forthwith.
Valuation of Property-Hereunder are set forth at conservative figures the value of the property purchased by the Company and upon which the Vendors have based the purchase price.
Land (E. 1 L. 1267 and 640= [10942 Sq. feet) and Buildings thereon as valued, by J. Caer Clark,
Architect and Surveyor.
300,505.00
Machinery and Plant as valued by Robt, Hunter, of Macdonald & Co., Engineers Stock of Bides, Leather, Chemicals and Materials etc, as per valuation by S. Humphreys and
certified by Edmund McGrath, Tanner, less amounts due as shown by the books.
120,779.11
65,821.05
* 487,105.16
No charge for Goodwill, etc-In as much as the undertaking is a comparatively new que, the Vendors present to the Company the goodwill of the business and the trade marks and chops relating to their goods which are already well known and growing in popularity rapidly.
The Vendors alan elaim no recompense for approximately 3 years of careful experimental work as a result of which, climatic and other difficulties bave been overcome, the types of Leather most suited to the Chinese market gauged, and exaet manufacturing cost ascertained.
APPROPRIATION OF CAPITAL,
The capital of $562,900 to be provided by the present isene of 56,290 shares now offered for public "subscription, is intended as regarda $262,900 :
(a) To provide for the extension of the drying accommodation of Tunnery.
(6) For the purpose of providing further working capital in order to finance the rapidly increasing business. The balance will be devoted to paying off the existing loan of $300,000 upon the security of the Property. Dividends.—It is provided by the Articles of Association that a preferential dividend of 10% per annum be paid to shareholders before any appropriation of profits is made by the Directora to the Reserve Fund..
Contract. The following contract has been entered into :-
"
Contract dated the 10th day of November 1921 between W. G. Humphreys & Co. of 5, Duddell Street, Hong kong, Merchants, the owners of the properties of the one part and Charles David Wilkinson on behalf of the.. Company of the other part for the sale of the business and the lenachold property registered in the Land Office as Kowloon Inland Lots 640 and 1267 together with all metguages, tenements, fixtures, erections and buildings erected therean.
•
The purchase price for the sale of the properties has been fixed by the vendors who are tbo. promoters of the Company at $487,100, nothing, being charged for the goodwill. Of this sum $800,000 will be payablo to the Mortgagees for the purpose of paying off a loan of that amount advanced to the Vendors on the security of the properties, and the balance of $187,100 will be paid and satisfied by the allotment of 18,710 ordinary shares credited a fully paid up.
Confidence of the Venders That the Vendors themselves have every confidenco ju the undertaking is shown by the fact that they are serviving no cash consideration for the sale of the Tannery, but are accepting abares in the new Company
Applications will be received by:-Hongkong & Shanghai Banking Corporation, Chartered Bank of
India, Australia and China and Bank of China.
And Prospectus and forms of application can be obtained at the above Banks, or from Members of the Hongkong Stock Exchange, Members of the Hongkong Shore Brokers' Association, The Registered Office of the Company, or at the offices of the Company's Solicitors, Mesirs, Wilkinson & Grist, 9, Queen's Road Central, Victoria, Hongkong.
MODERNIZING CHINA. SIGNIFICANCE OF HONGKONG LAUNCHING
%
one thing was specially noticeable, of development, however, were there, that they came largely from this side and the far-sighted merchant is to- of Hankow, says the N. Q. D. Neur. day anticipating their rapid growth. Electrio lighting plants were being Already one ship-repairing yard is in ordered by various cities of some size process of construction for the upper in the country, but off the main line river, and later on there will inevitably cived here from Moji yesterday and coming meetings, lectures and The significance of the launching of of communications the Yangtzo be a deviand for machinery, as to day will leave for the Paracels as soon as entertainments, sent for insertion instormer at Hongkong built for the little enterprise was seen. Changsha, there is the demand for textiles from weather conditions permit.
the news columns of the China Mall, Chungking run and able to carry neighbourhood showed a certain that quarter, It is fascinating to are charged for at the rate of $1 each heavy machinery will not be over amount of interest, bat in the little speculato upon the type of power to exploited west people remained con be developed there, whether white air of the tented with the conveniences Tower, by the harnessing TT may be impossible to prosoft on las announced in May and June of looked in cornercial circles in Chi-a.
or otherwise, But whatever accident, but if not impossible to last year) providing that they do not 1 portende great advance in of a farmer day Past Hankow waters,
only three or it may bb, there will be the deed for bo prepared for it. Chauberiadis Pain linlin in net beyond anyone parae, and occupy more than four lines. with battle of this lightens you are future if this space is exceeded they industrialism in the far west. In there were prepare for most anything! For Ale will Be placed in the advertising Jonking at the orders received for our orders for plant to provide heavy plant from the foundries of the
columns at the prevalling rates. machinery in China about a year ago power or to make light. The seeds west, r by all Chemists and Storekeepin
ACCIDENTS WILL HAPPEN.
NOTICES.
WE HAVE
SPLENDID SELECTION
OF
TOYS & GAMES
NOW
ON
SHOW.
1st FLOOR.
1st FLOOR.
LANE, CRAWFORD & CO.
NEW
RECORDS
Whispering...
Humming
3358
3301
Now and Then
If a Wish Could Make.
3379 Make Believe
Siam Sco
2970
Young Man's Fancy
In The Gloaming...
Margio
3351
Ia Veeda
Broadway Rose
2972
Avalon
3322
2905
Jup Sandman
ᎪᎢ .
Tell Me Little Gipsy
Swanse
Mystery
ANDERSON'S
Tel. No. 370.
C. E
WARREN
Godown: 98A, Wanchai Road. 00..
LTD.
Sanitary Engineers, 30-32, Des Voeux Road. HAVE RECEIVED A LARGE STOCK OF PORCELAIN LINED BATHS
SOME OF WHICH WERE SLIGHTLY DAMAGED IN SHIPMENT—IN ORDER TO CLEAR
WE ARE Selling at from 30 per cent to 50 per cent Rédaction. Worth your wille to ell and inspect these bargains. All kinds of Bath Room Fittings in Stock.
C. E. WARREN & CO., LTD.
Berger
Paints
Colours Enamels Varnishes
PREPARED PAINTS OF ALL KINDS, AND COLOURS. BERGER'S LIQUID RED LEAD covers 50 per cent. more surface, weight for weight, than the ordinary band' mixed Rad Lead.
·
MATROIL-The oil paint you this with water, Gove
log capacity one third more than that of Washable Distemper. STRUCTURAL & ROOF PAINT-A preservative. BERGER'S VARNISH-Ox Vision, BLACK JAPAN,
GOPAL ETS.
LEWIS BERGER & SONS, LIMITED. PRICES ON APPLICATION—STODES CARRIED.. BOLE AGENT
W. R. LOXLEY & CO.
MR. BERGER MADE FINE COLOURS IN LONDON IN 1760.
Vickers
LONDON Gin
The Perfection of over a Century Experience in Gin Distilling
"BOTH BRANDS ARE BENEFICIAL!
FINEST LONDON OLD TOM FINEST LOXDON UNSWESTENED
VICKERS
FINEST LONDON OLD TOM GIN
Prica per Case 1 doz. qts. Duty Paid $28.95 SOLE AGENTS —–
GANDE, PRICE & CO., LTD.
QUEIXE HOAD
OENTRAL
HONGKONG: