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FRIDAY, ・ FÉBRUARY 1 1924.
THE HONGKONG AND SHANGHAI
HOTELS, LIMITED.
STEAMBOAT COY.
THE CHINA MAIL.
SHAREHOLDERS MEETING.
TO-DAY'S ADVERTISEMENTS.
arisan ane after another for months post, creato Bacha Zoeling of instability and uncertainty in the mind of traders that business is almost confined entirely to bare THE BEN LINE OF STEAMERS,
NOTICE IS HEREBY GIVEN that AN EXTRAORDINARY PROSPEROUS THOUGH DIFFICULT necessities. All I can say is that in
YEAR.
spite of various handicaps, and in spite of the fact that we have to meet the competition of a steadily Prosperity in the face of difficult increasing number of native owned conditions was the story told at opposition vessels, we hope that our the annual meeting of share-past conservative policy of building holders of the Hongkong, Canton up our reserves will enable us to and Macao Steamboat Company maintain a steady record during 1924 and that when in time local Ltd. to-day.
trade conditions improve we shall I cannot close these romarka with- bonent by the change.
ut expressing on behalf of my colleagues and myself our apprecia- tion of the very satisfactory work done by the Company's Agents both at Canton and Macao, and by the staffs both on shore and afloat dur Subject to your approval, the ing the year under review.
bonus of $3,778 for the office Directors; propose setting aside clerical staff and the Company's wharfingers.
The Hon. Mr. P. H. Holyoak presided and there were present: The Hon Mr. A. O. Lang, Sir Robert Ho Tung, Mr. D. G. M. Bernard, Capt. W. E. Clarke, Mr. J. F. Warren, Mr. H. S. Smith and Mr.Chau Siu-ki (Directors), Mr. John Amold, (Secretary) and the following shareholders: Messrs. C. A. da Roza, E. J. Figueiredo, Chau Tsun-nin, J. Owen Hughes,
A. S. Danenberg, P. C Roza, J. M. Alves. B. W. Bradbury, McFarlane, G. S. Zimmern, F. Thomason; A. H. M. da Silva, and E. Danenberg.
GENERAL MEETING of HONGKONG and SHANGHAI HOTELS, LTD, will be held at THE HONGKONG HOTEL, Victoria, in the Colony of Hongkong, on WEDNESDAY, the 13TH DAY Of PEBRUARY, 1921, at 9.30 o'CLOCK in the AFTERNOON, when the subjoined Rosolations will be proposed as Extraordinary Resolutions:- (1) That the authorised Capital of the Company (which is pow $5,000,000 consisting of 500,000 Shares of the nominal value of $10 cbch wliereof 375,000 Ivo been issued) be increased from $5,000,000 consisting no aforesaid to $10,000,000 (con- sisting of 1,000,000 Shares of the nominal value of $10 each)(Chairman of the Board of Directors) by the creation of 500,000 additional Shares of the Dominal value of $10 each raulding (subject as hereinafter mentioned) as from date of allotment for dividend and in all other respects pari pusau will the Shares constituting the Company's prosent issed rapital.". 42) Thai in the first instance 375,3810 Shapes bo offered at pat (in die proportion of one New Share for every one Olil Shure held by them respectively) to the person who on the date of the confirmation of this Relution as a Special Revolution are registered in the Company's Share Register as the holders of the 375,000 Old Shares, ail so that on acceptance of the offer the netinul amount due in respect of such 375,000 New Shares shall be payable as to the Sum of $5 part thereof on acceptance ef such offer and as to the balance thereof on the 30th day of Jurse, 1924. And further that until such time as the said 275,000. New Shares shall be fully paid they shall ris-u-vis the said $75,000 0 Sharos, rank for dividend only in proportion to the ratio borne by the amount, paid up, thereon to the full nominal value ($10) thereof, and that any of the said 375,000 New Shares which shall not be, taken ap by the Company's Shareholders in manner aforesaid he disposed of in such manner as the Company's Board of Directors shall think fit." (85) "That such offer be-rondo-by-Notice specifying the nuniber of Shams to which the member is entitled and limiting a time within which the offer if not accepted by the member on behalf of self or his nominee will be deemed to be declined and. that the Directors be at liberty to fix such time and in the case" of Shareholders whose place of Address is not in Hongkong to extend it to such date or dates as they may think fit.'
!!
.:
G+ That the babuice of 250,000 Shares conslitating the Com- pany's Unissued Capital be issued at such time or tines in such nainer and for such purposes and upon, such tenus and con- ditis in every respect as the Company's Board of Directors any decile:"
6 That the Regulations contained in the printed document submitted to the Meeting and for the purpose of identification ubscribed by the hairsan thereof be approved and adopted as the Articles of Association of the Company in substitution for and to the exclusion of all the existing Articles thereof." AND NOTICE IS HEREBY ALSO GIVEN that further EXTRAORDINARY GENERAL MEETING of the Company will be held at the same place on THURSDAY, the 28th DAY of FEBRUARY, 1924, at 2:00 p'clock in the AFTERNOON, for the purpose of receiving a Report of the Proceedings of the above-inen- tioned Meating and of continuing if thought. fit as Special Resolutions the above-mentioned Regulations.
THE TRANSFER BOOKS of the Company will be CLOSED froin THERSDAY, the 21st day of FEBRUARY, 1921, to TuraSPAY. the 28th day of FEBRUARY, 1924 (both days inclusive), during which period no transfer of slures can be nistered.
The suggested new Articles of Association are similar to the old, subject to cloren! «ulterations and to the following alterations of substance, viz.,:——
(1) The deletion from Article 71 of the words and holding or representing by proxy not less than one-tenth of the issued Capital.'
(2) Thng nhémation of the minium muber of Directors to four and
of the maximum number to seven.
The altemtion of the rammeration of Directors to payment at the mute of Four thousand dollars per qnment and such suns as a General Meeting any determine instead of the fixed sum of Three thousand dollars per annum and such sums as a General Meting may determine,
(4) The alteration of the queriun of Directors to three instead of twoi Go The, addition of Articles enabling the afsintient by the Directors of a Lousil Board or Advisory Committee in any place at a remuneration to be fixed by the Articles and the appointment by the Directors of Local General Managers, Secretaries or other Assistants, delegates or Attorneys alla rotnuveration 'to be fixed by the Directors:
(G) The addition of an Article cabling the Company to have an Official Seal and Local Registers in places outside the Colony. A copy of the Articles of Association of the Company will, the said altemtions and amendments incorporated and inlicated in red ink or red print can be seen during usual business hours at the Registered office of the Company, Powell's Building, Des Voux Road Central, Vietraia, in the Colony of Hongkong, and at the Shanghai Office of the Company in Hargkong Bank Building. Shanghai, in the Republic of Ching.
Dated the dist day of Jumary, 1924.
By Order of the Board,
PERCY H, SUCKLING, Bebretary.
HURRY! HURRY!! *9******
STOP YOUR WORRY!
BOOK YOUR SEAT EARLY
HAROLD LLOYD
in his Six Reel
PATHE COMEDY
WHY WORRY?"
FOR LOVERS AND LAUGHERS
Here's Your Fun-loving Boy of Joy, You'll Laugh at his fearless Feats amid
A Red-Hot Revolution.
You'll Love His Fiery Romance?
LAUGH WITH LLOYD AND WHY WORRY?
WORLD THEATRE OF COURSE.
Chairman's Speech.
I do not think there is anything more that, calls for comment, and The Directors' report and state now beg to propose the adoption of ment of accouals have been in your the report and accounts as present- ed. After this has been seconded, bands for some days, and I PI will be pleased to answer to the pose with your consent, to take them as read and only briefly rafer best of my ability any questions! in the course of my remarks, to such shareholders may wish to put.
(Continued on page 6-).
items us call for consideration.
STREET-THIEVES.
I will now invite your attention To the balance sheet. Your Direc- tors have utilized $118,116.27 to write down the book values of steamers, wharves and properties LADY'S and have transferred similar mums as in 1922 to reserve funds, viz. :- $25,000 to equalization of dividend fund and $25,000 to special repairs fund, and added $5,288.10 repre- senting 2600/3/3d. at exchange of 273.15/168. to floating staff pension fund and a suin of $5,000 to staff An interitu divi- provident fund). dend of $1 per share was paid in August last, and there is available for distribution
$272,042.33
ونات
LIMITED,
From MIDDLESBRO, ANTWERP LONDON & STRAITS,
The Steamship
"BENRINNES" ONSIGNEES of Cargo are hereby informed that all Goods are boing landed as their ritk into the hazardous and/or extra thaxardous Gedowns of the Hongkong and Kowloon Wharf and Godown Co., Ltd., whence, andfor from the wharvos delivery may be obtained.
No Claims will be admitted after the
Goods have left the Godowns, and all Goods remaining undelivered after the 7th instant, will be subject to rent, ̧« All claims against the Eteamor must be presented to the Undersigned on or
recognized. before the 31st inst, or they will not be
All broken, chafed and damaged Goods are to be left in the Godowns,
where they will be examined on the 7th instant, at 10 a.m. -
No Fire Insurance his boan effected. Bills of Lading will be countersign.
ad
by
GIBB, LIVINGSTON & CO., LTD.
Agents. Hongkong, 1st February, 1894.
STRUTHERS & BARRY." NOTICE TO CONSIGNEES.
ANGELES via PORTS. PURSE STOLEN IN From SAN FRANCISCO and LOS
CITY.
coat
1
་་
In the crush of D'Aguilar TEE Steamship
WEST MONTOP" Street last evening, an impudent theft was made from the pocket of Miss Lysaught, of Burn having arrived from the above men bank, Shaukiwan Road. In her tioned ports Saturday, 2nd, February statement to the police, Miss 1924, consignees are hereby notified Lysaught reported that she was that their cargo is being landed at when some their risk into the hazardous and/or walking along
Hongkong, & Kowloon Wharf & unknown person extracted her extra-hazardous godowns of the purse which contained $65 of
Godown Co., Ltd., Kowloon, and stored at consignees' risk."
which includos! $10,767.13 brought forward from the previous year. Your Directors recommend that this should be dealt with as follows:--
Payment of a Final Dividend of $1 por share......
$ 80,000.00 Payment, of a Bonus of
.... 160,000.00 $2 per share Payment of & Bonus to Slice Clerical Star and Wharfingers 3,778.00 Carly forward to à now
profit and loss account 38,901.33
$272,682.33
I trust these allocations will meet with your approval.
T-DAY'S ADVERTISEMENTS.
NOTICE,
NOTICE IS HEREBY GIVEN THIS DAY
we have that changed our firm name to
"THOMSON & CO."
G. H. & N. THOMSON-Chartered
Accountants, SHANGHAI THOMSON BROS. & BELL
Consignees of Cargo must produce an Import Permit signed by the Superintendent of Imports and Ex ports, Hongkong, before Bills of Lading will be countersigned or Delivery Orders issued.
All broken, cbafed and damaged Cargo is to be left in the Godown where it will be examined at 10.00 a.m. Thursday, 7th February, 1924, by Messrs. Anderson & Ashe, Marine Surveyors.
All claims must be presented within' ten days of the steamer's arrival
recognised.
Chartered Accountants, HANKOw.here, after which they cannot be THOMSON BROS STEDMAN
Chartered accountants, TIZNYSIN AND PEEING.
Hongkong, le: February, 1924.
MESSRS THOMSON & CO..
No claim will be, recognised, after the goods have left the Godown and cargo undelivered after Eriday, 8th February, 1924, will be subject to rent.
No Fire Insurance whatever will be effected.
In confident shareholders will be pleased with the dividend and increased bonus, which we are pay; ing this year, and your Directors, ME
A Chartered Accountants an after most careful consideration, are
Consignees are requested to send. satisfied that in not recommending anounce that they have THIS DAY larger final dividend than $1 and $2 opened an Office at 4A, Des Voeux in their Bills of Lading in exchange bonus at the present time, they are Road, Central, Hongkong. Telephone for Delivery Orders immediately.
No. Central 4616. neting in the best interests of the shareholders,<believing it to be the soudest policy that the Company's financial position should be main tained, by strengthening our reserve
funds.
The investment fluctuation ac- count has been increased by $146,198.72. This augmentation is due to the exceptional rise during the past year in the values of local steks, and your Board being of the opinion that the present abnormal prices may not be mintained in the near future, deer it prudent to leave this book profit in the fund for future contingencies.
Hongkong, 1st February, 1924.
NATIONAL LOANS.
SUBSCRIBERS to the National
STRUTHERS & BARRY, Agents, U. S. S. B. Emergency Fleet Corporation. Hongkona, 1st February, 1924
$
NOTICE.
Loans of the Third Year of the Republic (1914) and the HE DUNLOP RUBBER COM- Eleventh Year, of the Republic PANY, (CHINA). LTD., begi (1922) are hereby notified that the to announce that on and after following Drawings for the redemp- FRIDAY, February 1st 1924, their tion of the above Loans will be offices will be situated care of
held this year..
2nd
1st
THIRD YEAR LOAN. June 1924; 7th Drawing ($2,750,000 approx); redemp tion begins 30th June, December 1924: 8th Drawing ($2,750,000 approx.) redemp- tion begins 31st December.
You will," I feel sure, approve of the netion of your Directors in the various contributions on behalf of the Company to various charities.
It is to be noted that two Draw You will note a sum of $2,250 has been made to the dependants of the ings of this Loan, Instead of one, armed guards killed and to the are being held this year in order to guards wounded in the "Sui An bring the redemption of the Loan piney. In this matter we have and its extinction in 1923 into line followed the example of the Hong.with the schedule of amortisation kong Government, who have made prescribed by the Loan regulations. a similar grant for the sune purpoee.
ELEVENTH YEAR LOAN.
Messrs Shewan Tomes & Com- which pany, Chater Road,. to address all orders and correspon- dence intended for the Company- should be sent.
Their Telephone number will remain unchanged, Central 45541. and Postal address will be P. O. Box 478.
the
Their business will remain under direct supervision of their representative, as heretofore.
own
BANK HOLIDAYS.
My predecessor in the chair ro- 10th May 1924; 3rd Drawing will be closed for the transaction of ferred at our last annual meeting to
A now steamer ordered to repince the 8.8. Honum."
($1,000,000); redemption be- gins 31st May.
*เ
I am pleased to 10th November 1924, 4th Drawing inform you that the new steamer ($1,000,000): redemption be-
Lunghun" was delivered by tlie gins 30th November. builders in October last and is now employed very successfully on the Carton service. Negotiations are now proceeding for the sale of s.s. "Honan."
You will have noted with pleasure the very satisfactory increase in our profits. This is partly due to the Huspension during part of the year of thes through service of the Kowloon- Canton Railway and partly to the rigorous policy pursued by your management of exercising the great- est economy combined with off. cloney in every branch of the Com- pany's businesS.
You will perhaps expect me to say something, as to the prospects for the present year and in this con- nection I feel in a somewhat diff cult position. I wigs I could speak more encouragingly in regard to the current year. A prospects, than I fear 'présent circumstances justify. Tho political affaire in the neighbouring provinces of Kwangtung and Kwangu exercise" & considerable in- fluence on our business, i and this being so, the disturbing, aléments which continually arise, and have
|
The service of the above two Loans is conducted independently and forms no part of the National Consalidated Loan Service.
A
TN Accordance with Ordinance No. 5 3. of 1912, the EXCHANGE BANKS! PUBLIC BUSINESS on TUESDAY and WEDNESDAY, the 5th and 6th February.
Hongkong, 31st January 1924
A Favourite Among Athletes The Golfe, the foot ball player and the all round athleto know the value of Chamberlain's in Bam. It is just the FAA. AGLEN,
Hog for a rub down after a hard game. Inspector General of Customs, Alaroness disappeare like magic and Inspectorate General of Customa,pains and awellings are cured in one third less time than by any other treat Peking, 23rd January 1924.
ment. For Salo everywhere
HONGKONG GARAGE. (Wanchai)-Opposite Daibutsu's
NEW CARS FOR SALE & HIRE
Telephone C. 4006.
Expert Hepairere, Painters and Overhaulers.
Cushion and Beat Cover Manufacturers:
Top Rebuilders
Frompt Service at Moderate Prices. Tires and Accessories for Sale, Gasolene and Oil Suppliers.
LAM WING YAN,
LANE, CRAWFORD, LTD.
WINES & SPIRIT DEPARTMENT.
ANNOUNCES
A SPECIAL CLEARANCE
IN ODDMENTS OF GOOD WINES:
COMPRISING :-
FRENCH & ITALIAN CLARET
WHITE WINE BURGUNDY.
THIS OPPORTUNITY LASTS ONE WEEK ONLY.
NEW PROCESS
COLUMBIA RECORDS
1
920 (BATTLING BUTLER
ĮPARTS 1-2
(THE LAST WALTZ
904 Į PARTS 1-2
612
L1479
578
[REMINISCENCES OF SULLIVAN {PARTS 1-2
/LOUISE
PARTS 1-2
i
(REMINISCENCES OF GOUNOD {PARTS 1-2
AT
ANDERSON'S..
Selections (Orchestra)
Selections (Orchestra)
(Band)
Selections (Orchestra)
(Band)
PIANOS for SALE or Hire
TSANG FOOK PIANO CO.,
Tel. 2127.
94A. Wanchai Road.
MEE WAH KNITTING & DYEING CO...
General Kuitter & Dyor. Manufactazors of Woeilen Sluglets. Jerseys, Sweatere & all kinda of Underwear.
No. 18. Causeway Rag
Telephone Central 1301. Manager: YEUNG 'PORWAN,
GREEN ISLAND CEMENT CO., LTD.
BEST PORTLAND CEMENT
SHEWAN TOMES & Co.,
General Managers.
HONGKONG.
DYE KEN
JOHN
THE ORIGINAL
HAIG?
JOHN HAIG & CO., LTD
WITH
409
Distillers Markinch Scotland
Sole Agents GANDE. PRIOR & CO. LTD. Tal C_No. 135. No. 8 Queen's Rd., Cil Hongkong.