OSIXO
FREE WHEELING 2ND ADVANTAGE.
Gen- changing is accomplished quick- ly and quietly. A novice has no trouble in making an absolutely quiet change with dispatch. Gear clashing is past.
HONG KONG & SHANGHAI HOTELS, LTD.
(Incorporated in Hong Kong:)
China
No. 27,742
LINKING HONG KONG
WITH BRITAIN
"HELLO, LONDON!”
MR. J. SCOTT HARSTON'S WELLSIAN PICTURE OF THE FUTURE.
TELEPHONE CO. MEETING
A
He added that consideration had been given by the Company to long distance Radio Telephony, and said that, in regard to the laying of a trunk cable to Canton, it was the first project of its kind to be undertaken in China. It would, he ventured to predict, prove to be the forerunner of a network of communications which would eventually link up all the important cities in that vast country.
With the opening up of telephone communication with Canton, this Colony was entering on an era of untold possibilities.
· AUTOMATIC IN KOWLOON
Library, Supreme Court
SAPER
LISHED.
HONG KONG, WEDNESDAY, MARCH 11, 1931.
AIR MAIL SERVICE TO OVERLOADING OF A
AUSTRALIA.
STEAMER.
Proposal Now Being Did Manager Divulge
the Offence?
Considered.
NIGHT TRAFFIC URGED.
UNUSUAL DEVELOPMENT.
anu gar with
TO-DAY'S HOLLAR. — The closing rate of the dollar on demand, to-day was 1/-,
PRICE $3.00 Per Month.
COST OF BRITISH
ARMY.
What Estimates For 1932 Reveal.
DIMINUTION IMPOSSIBLE.
Mr. Tom Shaw.
War
PORT
FORT DUNLOP
Local Branch. Pedder Bldg. Tel. 24554.
MORTGAGE PROVISOS HIGH DUES CHARGED
BY SUEZ CANAL CO.
IN DISPUTE.
Alleged Wrongful Sale.
WIDOW SUES LOCAL BANK.
Disadvantage to British Shipping.
MERCHANTS' RESOLUTION.
*
London, Yesterday. The Shipping Merchants" Com- mittee of the Manchester Cham- ber of Commerce has passed a re- that the high dues charged by the Suez Canal Company are proving a serious disadvantage to British. trade and an advantage to inter- The case was one in which Asian and other competitive. plaintiff, Mrs. Chu Shuk, a trades which are free from the widow, of 121, Caine Road.heavy burden of dues. brought action against the Ban- The Committee urges that His que Franco-Chinoise pour le Com- Majesty's Government, as the merce et l'Industrie for damage largest individual shareholder in under an indenture of mortgage the Canal Company, should use idated December 5, 1928, made be- its influence to secure a reduction tween herself as to the first part. to five gold franes per ton in re- W. M. Pittendrigh as to second spect of loaded ships, and two and part, and defendants as to third a half in respect of ships in bal- part
last, in accordance with the ar- Plaintiff, under this deed, mort-rangement made in 1883 between gaged certain property to secure British chipowners and the Canal certain banking facilities, a set Company-Reuter. lout in the deed, for W. M. Pitten-
..
drigh. She now alleged wrong- The collector of customa reports
ants on or about February 13. for the fal sale of the pronerty by defer that revenue at the Port of Halifax 1980, and breach of covenant on $3,496,658
year 1930 amounted to
Rugby, Yesterday. Reference to the break between
Rugby, Yesterday, What constitutes "written con- Discussing the extension of the two parties of members of the
Introducing the Army Estim-sent" by a mortgagor in respect air mail service to Australia with Sze Yap S.S. Co., Ltd., which had ates for, the next financial year, of the actions of a third party. a deputation of business men, the its sequel before the Acting Chief which, at £39,930,000, show a re-under the specific terms of a mort Air Minister, Lord Ahulree, said Justice (Mr. Justice J. R. Wood) duetion of £570,000, the gage deed, occupied the attention solution expressing the opinion that the question had been dis in the Supreme Court last month. Minister, Mr. Toni Shaw, said that of the Chief Justice (Mr. Justice cussed at the Imperial Conference was made in the Marine Court the closest attention had been paid. R. Wood) in the Supreme Court "It may reasonably be expected that, in about two years' time, and proposals were now being con- this morning, when the Hon. to securing economy. He stated this morning. a subscriber in Hong Kong will be able to put a call through to an-sidered by the Governments of Comdr. G. F. Hole, R.N. (retired) that there had been an increase
Indin. the Straits Settlements and heard evidence in a summons re- other subscriber in Britain, with subsequent extension to embrace the Commonwealth. The inating to the overloading of the all important cities in the world," declared Mr. J. Scott Harston, Jauguration of the scheme depend-8.5. Tai Lec, belonging to the Chairman of the Hong Kong Telephone Co., Ltd., at the sixth annual able. The deputation urged the
ed on the financial support avail. Company.
meeting of the Company, which was held in the Board room, Ex-development of night air mails
Summons Against Manager. First an and the speeding up of air mails against Mr. Chan Yan-tong, man- adjourned summons change Building, this morning.
by the separation of passenger ner of the Sze Yan S.S. Co., Ltd., and mail traffic and the alteration in which he was charged with al- of a mail service on a 24-hour lowing the s.s. Tai Lee' to be over. schedule.
onded to the extent of submerg- Route to the Cape. An Imperial Airway Flying Ping On Wharf, at 8 p.m., on ing the centre of the disc, at Bont, which is inaugurating the March 1, was dealt with. Northern section of the Cairo- Cape Route, arrived at Kisumu. before his Worshin on Thursday When the case first came up Lake Victoria, last night, and unmorning. Mr. C. E. S. Brooks, whe loaded mails which left London appeared for the defence, object-in the number of recruits in the on February 26. It is expected to to the summons against Mr. Inst few months and that the De- reach Mwanza, Tanganyika, the Chan on
08 compared with two grounds (1) that partmental present terminus, today.
Committee The Mr. Chan was ant the owner of
was the part of the mortgagees. She $8,026,808 in 1920, or an increase Southern section of the route will the Tai Lee, and therefore did not the ranks of Officers.
studying the question of filling also asked for an accounting from of $470,000 over 1029. Under the be opened during the Summer.
them of all dealings in the nro-heading of "aundry collections" British Wireless Service.
regard to He hoped that a method would inerty, and such further and other there is an increase from $7,895 in The following. Directors and the creuit of the items "Sales of
Notes on the Service.
tts Ineding; and (2) that he knew be found for promotion from the relief as the Court might deem 1929 to $125,909 in 1930. nothing about the overloading. ranks of trained soldiers with the fit. shareholders were present:-The Obsolescent Stores & Plant;" "Pro-
London, Feb. 14. The 2,670 miles North-Africa summons, he contended, should conditions required.
and therefore was not liable. The scientific knowledge that modern Mr. Eldon Potter, K. C., and Hon. Sir Show-son Chow, theft on Sale of Investment;" and Hon. Dr. R. H. Kotewall, C.M.G., "Premium
section of the Imperial Airways have been taken out against the to military training for boys, he fears. G. K. Hall Brutton and LL.D., the Hon. Mr. C. G. S. with the increase in revenue aub-London-Cane air route will be company and pot against an in-1 proposed that the age of recogni- Co., appeared for plaintiff, and [
DO Sharea;"
In regard Mr. H. G. Sheldon, instructed by principal. Mackie, and Messrs. J. P. Sherry scriptions resulting from addi- opened for traffic on Thursday,dividual connected with it. (Manager), W. E. Clark, R. G. tional lines connected up during March 6, when an inaugural flight Shewan. J. P. Warren, D. H. the year, have helped to counter will be made from Cairo
This morning his Worahio said Blake, J. M. Alves, G. C. Moxon, act the increase Working costs Mwanza Tanganyika Territory, with reward to thin gasp-that he E. M. Raymond. F. M. Ellis, J. T caused by the serious decline in the machine arriving at Mwanza was satisfied that Mr. Chan was Bagram. V. Walker, J. Gould, the sterling value of the Hong on Monday, March 9,
The route from Cairo to Mwanza and, therefore, the summons not the owner of the Tai Lee. Tang Kim-kwong, Wong Ping-Kong dollar. In connection with Chun, Sun Tai-sang, Mahan Singh, the item "Sales of
will be Obsolescent
via Assiut, Luxur, taken out against him was bad and Mr. W. L. MacKenzie (Secre- Stores and Plant," I am pleased to Assouan, Wadi Haifa, Khartoum, He would anhold Mr. Brooks's tary).
way that your Company has been Kosti, Malakal, Shambe, Juba, arguments on behalf of Mr. Chen The report for the year ended able to dispose of a considerable Butiinbu, Port Bell, and Kisumu. and dismiss the case against him.
The service will be operated December 31, 1930, which was amount of old magneto plant,
A fresh summons wag theli taken as read, showed that the which was written off on the weekly in each direction. balance at credit of profit and loss change-over to automatic working: don to Mwanza will be accom were charged with allowing the dealt with in which the Sze Yani The flight through from Longs. Co., owners of the Tai Lee. account for the year (including en believes that a good demand the aum of $50,635.27 brought for the balance still exists. The plished in nine days, as compared ship to be overloaded. forward from the previous year) profit on sale of investment was with 24 days by surface transport. Mr. Brooke stated that be har amounted to $615,454.92. After one which occurred because, owing A return flight from Mwanza will been instructed to defend the Com charging $228.195.65 for depre to the appreciation of the market start on Tuesday, March 10, ar-pany, and entered a plea of "not clation and effecting, on. August value thereof, your Directors were riving at Cairo on Sunday, March 1, 1930, the payment of an interim of the opinion that realisation of 14, and reaching London on Wed- dividend of four per cent, absorb the Investment referred to shouldnesday, March 18.
The total distance from London ing $92.000, there remained the be effected. As regards the pre- sum of $295.259.27, which the mium on shares, this resulted from to Mwanza is 5,114 miles.
Malls and freight will be car-
Mwanza, but at first passengers
priated as follows:-
$183,000 to payment of á final f
holders.
Chairman's Address.
issued shares.
Bonus to Staff.
coupled
に
to
Arguments Allowed.
They
This one only concerns interest."
Plaintiff's solicitors at once re-. tion should be raised from 13 to F. C. Jenkin instructed by piled that their client would pay off
Messrs. Deacons, was for defen. the overdraft forthwith. dants.
asked for a statement of account, together with the title deeds, · in. Three Issues to Consider.
order to prepare an assignment.
To this the bank replied by letter Mr. Potter, opening the case for plaintiff, said that on Decem through their solicitors that the ber 5, 1928, plaintiff mortgaged mortgagees had already exercised Icertain properties for the purvosis their powers, and sold the pro- of getting certain banking-facili-perty for $24,000.. Repeated de- ties for Mr. Pittendrigh. Out manda had been made upon Mr.
FINE WEATHER.
states:-
The Royal Observatory's weather report, to-day,
The depression has deepen- ed and moved into the Sen of Japan,
There appears to be a feeble anti-cyclone over China.
Forecast:-N. to N.E. winde, moderate; fine to cloudy.
of this mortgage three issues Pittendrigh, and the mortgagees now arose.
were perfectly entitled to exercise First, the deed pro-
their powers. vided that no liability should at-
The mortgage had
tach either to the mortgagor or in fact been negotiated on Febru- to the mortgage property unless ary 8, and was executed on Febru-
in each and every case where the ary 18.. anecific banking facilities were "ranted a written authority from the mortgagor should have ob-
- Only a Farce.
"We claim that the property had
16. The numbers proposed in thetained. An agent was appointed already been sold when the demand
guilty."
Overloaded Seven Inches. Boarding Officer A. G. Cook, of estimates were unchanged. the Harbour Department, was the He did not wish to make com-
on the
*
as re-
to grant such written authority, for interest was made," said coun- "It was nothing more than`a first witness, He said that at parisons between Nations, but in the person of Dr. Tan, son-Bel.
farce to send notice of exercising Board recommended to be appro- the sale of the balance of 75 un-ried through' from London to about 8 p.m. on Sunday, March 1. asked those interested to examine in-law of the plaintiff.
he went on board the Tal Lee and the condition of affairs as reveal-
power of sale when it had already The first issue therefore would been exorcised five days before." dividend of six per cent. (making) The usual bonus to the Euro- will not be carried South of Khara examining her marks he founded in the League of Nation Arma-he, said counsel, whether any lla-
that the centre of the disc was sub-ments Year Book.
Counsel then proceeded to go 10 per cent, for the year); $50,000 ponn stall has been provided for toum,
bility, attached to the property at through the provisions of the deed. to transfer to general reserve in the Profit & Loss Account, and Prior to the putting on service merged three inches on the star- Enormous Reductions.
a].
Plaintiff's statements of "There was nothing to make the (bringing the same up to $276,- I have no doubt such provision of the new 38-passenger Handley board side and 12 inches
He thought there was no quen claim The draft at the time tion that the enormous reductions written authority was ever given, given a written authority as to the averred that in fact no plaintiff reply except her having 000), and $62,259.27 to be carried will be approved by shareholders, Page air-liners, the European port side. forward to the next account. in view of the heavy work entail-section of the route will be oper- was 9 feet 6 inches forward and 11 made by Great Britain had not this defendants replied that banking facilities there specified," ed during the period covered by ated by machines of the Arm-feet aft, making the ship overload-been reproduced in other coun- the necessary consents and/or he said. "It was laid down, there The Chairman, Mr. J. Scott automatic working.
the change-over from manual to strong Siddeley "Argosy" type, ed to an average of 7 inches. tries. It was impossible for him authorities were in fact given by that the authority should be given while Short "Calcutta" flying He communicated with the to recommend any further unila- the consenting agent (Dr. Tan) in each and every case where such Harston, then made the follow-
With regard to the liabilities boats will be used on the Mediter- master of the ship who gave in-teral disarmament. The figures hy bis counter-signing of cheques facilities were granted." ing address:—
side of the balance sheet, you will ranean section. The North-struction to discharge cargo. were against it and experience drawn on the account of Mr. Pit- You will observe from the au- notice that (If you approve your Africa section between Cairo and Replying to Mr. Brooks, Mr. Cook was against it.
Continuing, counsel said that the tendrigh. ditors' report that an audit of the Directors' recommendation
special facilities could be defined: as that Khartoum will be flown by said that the information as to the
They would do everything they share transfers
(a) A total liability on the port of and registers of $50,000 be appropriated thereto "Argosies," and then "Calcutta" overloading was obtained from his could as a Government in order to
-No Demand for Repayment. the Company, has been conducted for the year under review)
the mortgagor and Mr. Pittendrigh the flying bouts will carry on the own observations.
bring about a reduction of arma- throughout the year, and I am General
Counsel further claimed that no of $25,000, and facilities Reserve Account will route to Kisumu and Mwanza, Mr. Brooks: Do you know that ment by international agreement, Hemand for repayment of prin- gards bills of exchange; (b) facili confident that the policy of your stand at $275,000. On the assets along the Nile and African lakes. In fact information was received at which would enable all countries cipal was ever made by defen- ties Doard in arranging for this audit, aide of the balance sheet, this par
At to remove from their shoulders dants. In
for establishing commercial It is hoped that by May or June, the Harbour Office?-Yee.
the alternative he credita; (c) facilities as regards as an additional precaution in the ticular account is represented by 1981, the full 8,000 nilles route about 7.30 p.m., I was in my flat the crushing burden they now would plead that if there were any bills of lading. interests of your Company, will sound investments--in which rels- from London to Cape Town will when Mr. Low (another Boarding bear, but it was impossible to pro-ihility attached to the mort have the endorsement of share-tion it is gratifying to note the be in operation, bringing London Officer) rang me up and aid that pose at the present moment avaged property at any time. Plaintiff's Liability.
appreciation of the latter, as in- within 11 days of Cape Town as the Tal Lee was overloaded. diminution in the numbers of the which plaintiff denied, there had With regard to the accounts, you dicated by the difference between compared with 17 days by surface
The Informant.
British Army-British Wireless been a wrongful exercise of pow- the mortgage," he said."
"These are the specified terms of will observe from perusal of the the cost price and the market value transport.
It is A The main halting Where did Mr. Low. get the In-Service.
er of sale for two reasons, the mortgage for the express purpose debit eldo of the Profit & Lose Ac thereof as at December 31, 1930, points on the route southward formation from?-Mr. Chan Yan- count, that the amount of the
Lady in Minority.
first being that no notice was of securing the Bank in respect of royalties payable to the Goveru-
Adequate Reserve.
from Kisumu will be at Nairobi, tong!
given as provided by the deed, certain well-defined banking facili The loading of the ship was com- When I addressed you from the Broken Hill, Salisbury, Bulawayo,
London, Yesterday.. that is, a written notice to the ties. ment continues to increase each
There is nothing else for year, and that for the year under Chair at the last annual general Johannesburg, Kimberley, and
Victoria West. Intermediate Yes.
the Army Estimate vote for per- geanent default of one month; mortgage deed." review such amount is $1,499 in meeting. I lafd stress on the advis
So that. It had been overloaded aonnel after an amendment by secondly, that no reasonable no excess of the sum paid for the ability of increasing the yearly hults will also be made at other
Later, dealing with the defen- for more than 24 hours without Miss Jennie Lee (Labour, North tice was given. points. previous year.
appropriation to General Reservu, which ja at present limited under
anybody doing anything about it? ern Lanark), on behalf of the In-
dants' claim that the necessary. A third laane, which would arisa consents were given in cheques Bad Debts.
the terms of the Company's fra-
dependent Labourites, had boon tater, was that the property was signed by the consenting agent, Do you know that there had been defeated by 215 votes to 19. The sold under value... The item in respect of "Bad chise to 350,000 per annum, and Company was not able to vote the
Mr. Potter suggested that choques, Debta" is a negligible amount, and your Directors still have this mat full amount permitted under the trouble between the former and pre-amendment aimed at a substantial
"Never Received. Notice.”? in themselves, did not show what it would be superfluous for me to ter in mind. In the circumstances, terms of its franchise in which sent Directors of the Company? reduction in numbers."
the money was for, There might refer thereto, except to state that I feel that it is opportune to make connection it appears to be some
As regards the facts, Mr. Potter be, and probably were, payments The Secretary of State for Wer, your Board feel that the figure further reference to the subject in what of an anomaly that your Reader of the Newspapers, can only be kept down to its pre- view of the obvious necessity of Company is, under the existing
And that certain receivers were Mr. Tom Shaw, in introducing the sald that no communication passed quite outside the special facilities. sent satisfactory level by a cen- building up an adequate reserve restrictions, precluded from giv-appointed by the Supreme Court Estimates, said that the Gavern-between the defendant bank and the A cheque could not be accepted 48 tinuation of your Company's eye to provide against contingencies Ing effect to an arrangement on Only from the newspapers ment proposed to maintain the plaintiff from the time of the evidence as written. tem of deposits, to which I have of which the fall in the value of the lines Indicated.
Do you know that Mr. Chan tosk forces at the present level. He deed going into operation until
Not a General Security. already referred from the Chair the Hong Kong dollar is a strik
sa manager of the Company would not recommend to the Gov February 13, 1930. On that date on previous occasions, ing example; furthermore, it is, I You will further observe that 28 No.
"What the defendants have really on the morning, of February ernment, any further unilateraf she received a letter from the
disarmament. Instead, they would bank's' lawyers stating that their done," he added, "is to treat this Turning now to the credit rida think, equally necessary in the in your Directors. (following the
payment the Profit & Loss Afcount, terests of sound. finance for your policy defined by me from the Cook sald that he knew on the ing to arrive at an international $401.45, being the interest on the Mr. Pittendrigh's account at the
Replying to other questions, Mr. pursue he better way of attempt clienta demanded
of mortgage as a general security for would draw your attention to the Company to be permitted Intitude Chair at the last annual general morning of March I that the Cap agreement in the matter.
overdraft on Mr. Pittendrigh's Bank. But can it be that the steinterest Dividends and Ex. In the matter of increasing the meeting in reference to Investing tain and Chinese Chief Ofcar of Referring to the conduct, he said account. Unless the amount were signing of a cheque by Dr. Tan In change, and would point out that appropriation to this Account in the Company's general reserve in the Tal Loe were under notice to that three-quarters of the drucken paid forthwith, the bank would the ordinary course of business is a the nam shown is composed for order to be in a position to com- securities butside the business) leave the service. The master of Dess, had goner Courts-Martial exercise its power of sale under the consent? This is an impossible. Agrument put forward in "despair responsible were decreasing annually; and the mortgage, yea
habits, characters, and education That was the only notice, we re- by defendants as an alternative for For the men had markedly improv, celved," said comsel, > "wa-have] surrendering the case entirely.”.
Router
Inever recefed one as regards the The case is proceeding..
+
Reserve Fund
1.
pleted on the Saturday night? The House of Commons adopted mortgagor herself, and sub- which we have to reply under the
-Yes.
Yes.
the most part of the earnings on peninta for a possible future de have now lavested the Deprecia shipowas ordinarily
representing the delency arising at time when tion Reserve in a similar man Compa Leserve Band This conditions might be such that in mode of procedure, which,
hown at respect of priceding year, your fou
(Continued on Page 653