THE HONGKONG WEEKLY PRESS AND
Allt
bont the
7, and play
tions of
Tollo
Smi
ONG JUMP
thin
too
not
ate on on other ch
red to
are that your
01 such an 138001ation can stand alone without the They do not want any aid from outside com- deprived, as they are by of that discretion which and exceptionally qualified to may be a question whether the
Insurance Association is to the the China Fire and the Hongkong Directors know best. There is the circumspection with which ↑ has been managed for over eight years is most remarkable. It gen- that in good times when things berous there, is just a little comfortable of strict business rules and every. goes swimmingly. Further prosperity and that liberty which has been enjoyed de generate into licence. Risks and ventures are eadily undertaken; misfortune comes, a re- action takes place, and the fat is in the fire. It is not so with this Company. The more they osper the more prudent they become. (Applause.) * Prudence is the one great thing. Prudence is the foundation stone of insurance; prudence provides the material for its super- structure; prudence is its canopy and its pro- tection; prudence is its top stone and its crown. concur most cordially with the Chairman's views us to making a large appropriation to the reserve fund out of the profits of the last year, hen they are in hand. I have very much pleasure, gentlemen, in seconding the adoption of the port and accounts. (Applause.)
The
HAIRMAN—I have no doubt you have with great interest to Mr. Sharp's and as he has such good information, ich a large property holder that I hope favour the China Fire with many risks. plause.)
The resolution was then put and carried.
PALMER proposed the confirmation of the election of Messrs. Sharp and Beurmann as Directors.
they will readily let
have been audited by Fullarton Henderson, who offers himself
a
JOHN D. Humpherys & SON "Governing Directors. Hongkong, 10th February, 1897.
BALANCE SHEET 81ST DECEMBER, 1896. LIABILITIES.
Fixed loans and cash on deposit.................. Sundry creditors Fund for equalisation of dividends.
Capital account Proff and loss
Дивита.
Amount invested in property
Amount invested on mortgage Sundry debtors Office furniture Building material
440
..... 177,465.20 248.66 **** 26,000,00 254,000.00 18.299.29
Cash in H'kong & Shanghai Bank $16,015.75 Cash in hand.
$475,013.15
435,845.09*
SM
Hopper
Boy: HANDICAP (150 yards); price $4.82.
Good, F. Co.
Drummer Laurence.
Drummer Flowers
CORPORALS RACE, 300 yards; pr
Lance Corp. Pago, C. Co.
Corp. Spurling, E
Corp. Appleby D. Co.
QUARTER MILE RACE
Pt. Lymer, D.
Pt. Barrel & Co
Pt. Broadbent, A. Co.
BACK AND ORANGE RACE, 150 yards prises
$3, $2, $1.
Pt. Lawrence, G. Co.
Pt, Hudson, D. Co..
15,588.50
J
6;124.96
1,213.50 160.00
Pt. Hopper, H. Co..
Pt. Barrel D. Co.
CHILDREN'S HANDICAP, Boys
Girls
68.35
16,082.10
prizes $2, $13, 81, 81.
Westoott
$476,013.15
Westcott
Shepherd
Somerville
PROFIT AND LOW· ACOOUNT.
Dr..
To general charges, Crown rent, fire iosur-
ance, and auditor's fees To repairs
To interest
To remuneration to governing directors for
management, clarks, and office rent
To dividend of 7 per cent. on $254,000.00 To balance to new account
Or.
By amount carried forward from 1896 By rents By commission sud sales of stook By transfer fees...
By transfer from equalization of dividends fund
3,210.07 2,087.08
9,291.57
3,000.00 17,780.00
MILE RACE, prizes $15, $7; $317
Lance Corp. Richardson, G. Co. – Pt. Broadbent, A. Co.
Drummer Blackwell, F. Co...
Lance Corp. Page, C. Co.
Richardson won by about 50 yards. THROWING THE CRI
619.29 | FLAGS; prizes $4, $2, $1.
Pt. Lymer, D. Co
Pt. Grantham, H. Co.
BALL BETWEEN
Lance Corp. Westcott, A. Co. BAND RACE (200 yards); prizes $4,
Pt. Ager
Pti Walton
Pt. Horner
RUNNING HIGH JUMP prizes $4, $2
Corpl. Spurling, E. Co.
Pt. Rushton, A. Co.
Pt. Lipscombe, E. Co.
SERGEANTS' RACE (200 yards); prizes
$95,897.01
2,718.61
20,707.50
7,355.40
115.50
5,000.00
$35,897.01
EQUALIZATION OF -DIVIDENDS' FUND. Dr.
32.
To transfer to profit and loss secount To balance
5,000.00 25,000.00
$30,000.00
Cr.
30,000.00 JEN proposed the re-election of By amount brought forward.................
$30,000.00
By balance
......... $25,000
Mr GovE seconded. Carried
MY. JORDAN proposed the re-election of Messrs. As MoConachie and D. R.: assoon as Directors
Hon. WI YUK seconded. Carried
Mr PRUEBURN
dessrs. W. H. Potts and J. H. Cox as auditors.
Mr. CARVALHO seconded. Carried
The CHAIRMAN That is all the business, gentlemon. I thank you for your attendance. Dividend warrants will be ready on the 22nd
ele
To
Ge
HUMPHREYS ESTATE AND FINANCE CO., LIMITED. ollowing is the report of the Governing the year ending the 81st December entation to the shareholders at the nary annual general meeting of to be held at noon on the 22nd
of Humphreys Estate and
ited:
before you our int for the year.
ing.
THE WEST YORKSHIRE REGI- MENTAL SPORTS.
+
Drum Sergt. Baldwin
Sergt. Brunskill
Sergt. Blanchard
TOILET AND REFRESHMENT RACH
c. | 84, 83, $2, $1.
The annual athletic meeting of the West Yorkshire Regiment was held at the Happy Valley on the 10th and 11th February,, the first day being devoted principally to the The weather, though preliminary heats, cold, was bright and cheerful and the after- noon was most enjoyable. The arrangen both for competitors and fect
The following were the President-Colonel C. 8.
Major Mills, Capt. Price, Lient Committee-Sergt. Major Westco
ouse, Sergt. Grew, Sergt Bergt. Purchas, Sergt. Tru O'Brien, and Lee, Corpora
Major Grant Dalt
and Capt. Phillips:
Carey and Lieut.
Col. Gordon,
Prouse, H. Co.....
Heyland, A. Co...
Hazlewood, D. Co.
Wade, F. Co.
HURDLE RACE, 120 yards (10 fights). $8, 84, 82, 95
Lymer, D. Co
Oldham, H. Co. Duffey, H. Co...
LEMON CUTTING, prizes $4,1
Burret and
Hopper and
Testo and 1 MILE RACE (open
Lance Corp. Rich.
$18, $12 $6
Page 10Page 11