514
፧
There was now one, boat left on the ship on the weather side abreast the funnel. They got this boat ready as well as they could to leave the ship. At daylight on the 20th (Monday) the ship was capsizing fast, aut at 7 a.m. the water reached the stoke-hole gratings and began to find its way below. They all got into the remaining boat and stood by to out her sdrift. At 7-25 am. the masts and funnel were in the water and they out the boat adrift, and pulled clear of the ship. The ship went down at 7.30 a.m. stern first.
They then made sail, and on the morning of the 23rd, at 1a.m., they landed on the beach near Manok, on the Island of Lubang. Next day they sailed to the other side of the island to the town. They left the Island on the 2nd December for Manila in a coasting steamer, St. Andrew, and arrived at Manila on the 5th December. They reported to the Consul. There were himself, three officers, three engineers, one passenger, one boatswain, three quarter-masters, one lamp. trimmer, and two sailors-15 all told. They
THE HONGKONG WEEKLY PRESS AND
The Court does not find that any blame attaches to the master for the loss of the ship, and they are impressed with his conduct in el- ecting to remain by her to the last and by the con- duct of his passenger, who remained with him. Such conduct in the court's opinion stands out in relief against that of the officers and crew, who appeared only too ready to get away, not- withstanding the fact that their Captain re mained, but seeing it was not against the wishes of the Captain that they pursued this course the court refrains from making more than asing reference to their conduct. The certificate is returned to him.”
ma
THE DAIRY FARM CO., LIMITED.
[December 23, 1899.
THE HONGKONG HIGH-LEVEL TRAMWAYS CO., LIMITED.
The following is the report for presentation to the shareholders at the fifteenth ordinary general meeting, to be held at the Company's Registered Offices, 33 & 40, Queen's Road Cen- tral, on Thursday, 28th December, at noon :----
Gentleman, We beg to lay before you the report and statement of accounts for the year ending 30th November, 1899.
The traffic receipts for the twelve months, together with transfe. fees, amount to $67,743.65, After paying interest and all · running. expenses and making provision for auditors' fees, there remains a net profit on the year's working of $23,513.49, which, added to $1,176.12
holders in the Dairy Farm Co., Limited, was
The third ordinary yearly meeting of share-carried forward from last year, gives a sum of $24,689.61 available for appropriation. Your held on Monday at the Company's Town Depôt.
General Managers and Consulting Committee There were present Captain Tillett (chairman), recommend that a dividend of $12 per share be Messrs. F. Maitland (director), W. H. Potts paid to shareholders, absorbing $15,000, that a sum of $2,319,94 be written off rolling stock, Goddard, and Mr. Ling Wong.
serve fand, leaving $2,369,67 to be carried for- ward to new account.
had 60 of a crew and one passenger when (secretary), James Walker (manager), Capt. and that $5,000 be carried to a permanent re-
they left port. That left 46 missing. No one was left on board the ship. In his opinion the leak might have been in No. 2 hold, caused possibly hy the loosening of some rivets. Before the list the ship had been rolling 10 or 15 degrees.
William Hunter, Chief Officer of the Hupeh, said he had been the Hupeh 16 months. He held a master's certificate. "At 4a.m. on the 16th Nov. he went on deck. The ship had a slight list. Towards the evening she had a list of from 12 to 15 degrees to port. During the day two soundings were taken on the low side and no water was found. That night some cargo was jettisoned. The only hatch they could get at was No. 1 hold, owing to the sea and the list. If the ship had been upright they might have got to No. 2 hatch. After the jettisoning the vessel came up to four degrees and soundings were taken when she was nearly upright. He found nearly four feet of syrup in No. 2 hold. He
had been in this trade some time. He had never known a sounding to bring up syrup before. No. 2 was the only hold anything was found in. About half an hour or three quarters of an hour after this the ship was over to 27 degrees
to starboard. Und r all these circumstances
he did not think it would have been prudent to open No. 2 hatch while the ship was upright, There was too much sea. They then started again to jettison from No I hold. That hatch could be opened with safety because the water did not run along the deck so far as the hatch. The ship gradually went over. The crew and all except the captain and the passenger left on the rafts. The boats except two had been swept away. Two rafts got back to the ship again the following day. Eight rafts left the ship. He did not know of himself what became of the other sir rafts, He had not formed any opinion as to the cause of the ship suddenly taking the list,
Witness was recalled after tiffin. He said that steps were taken to endeavour to remove the syrup out of No. 2 hold, the Captain giving orders to put the steam pamp (on the hold. The pamps drew a little water but failed to bring the syrup. The water seemed like bilge water. He supposed the syrup was too thick to come through. He was not aware that the official log or any records of the ship were saved. He concluded that the water must have got into the ship in consequence of a leak.
Samuel Farrel, chief engineer of the Hupeh, shso gave evidence,
The court gave their decision after a con- sultation of about half an hour's duration, the finding concluding as follows:-
the
"After carefully considering the evidence court finds no litttle difficulty in forming an opinion as to the cause of the casualty, but it appears fairly conclusive
The CHAIRMAN said—As the report and ac. counts have been in your hands for several days, I will, with your permission, adopt the
usual course and take them as read. Since our meeting on the 27th October, 1898, to the 31st health of the herd has been above the average, July last, the end of the financial year, the and the loss by death less than for several years past, although rinderpest was rife in other The effects of sickness in our herd in February, dairies in the colony, as also ou the mainland. 1898, was much felt in the first part of the year under review, when, through a short supply of milk and enhanced cost of food stuffs and man.
agement, we were barely meeting expenses, bat with a general improvement in the health of the cattle and a large increase in the milk re- turns, we were able to take full advantage of the curtailment in the supply of other dairies through rinderpest. I may state that the whole of our herd were carefully valued by our man- ager, Mr. James Walker, on a low basis, and on his valuation your directors deemed it prudent to write $7,755.88 off the book value. We have started business in fresh Australian butter with
encouraging results, and we think the trade holding the meeting early in October, but admits of large expansion. We had intended owing to an outbreak of rinderpest in a shed at
Pokfulum on the 25th September, it was decided to await the result. Fortunately the disease was confined to one shed, the stock in which consisted almost entirely of young heifers, 10 of which and one cow died. We were granted a clean bill of health on 1st December, but I much regret that on 5th inst. rinderpest again made its appearance. We do not anticipate much loss from the latter outbreak, and trust we shall soon be in possession again of a clean bill of Health. As mentioned in the report, we have to deplore the death of the senior membər of our Board, Mr. Granville Sharp, who for many years acted as chairman and devoted a
large amount of time and thought to the affairs of the company. After careful consideration your directors recommend a dividend of 36 cents per share, being at the rate of 6 per cent. on the paid up valne of the share. Shareholders will please apply to the secretary for their warrants, which will be ready to-morrow. Be fore moving the adoption of the report and ac- counts I shall be pleased to answer any questions, Captain GODDARD asked some questions with reference to the accounts, which were answered by the CHAIRMAN,
The CHAIRMAN proposed the adoption of the report and accounts.
Captain GODDARD seconded. Carried.
|
CONSULTING COMMITTEE.
In May last Mr. C. W. Dickson was invited to join and accepted a seat on the Board. In
C. Ewens, J. Orange, and C.W. Dickson rétize, accordance with rule 15 of the Company's arti- cles of association, the present members, Messrs. but being eligible offer themselves for re-elec-
tion.
AUDITORS.
derson from the colony the accounts have been Owing to the absence of Mr, Fullerton Hen-
audited by Mr. W. H. Potts alone. Both gentle- men offer themselves for re-election.
JOHN D. HUMphreys & Son, General Managers. Hongkong, 16th December, 1899.
BALANCE SHEET FOR THEe Year Ending 80th NOVEMBER, 1899. LIABILITIES.
$
125,000.00 20.000,"0 10,982.54
Capital account:1,250 shares of $100 each
fully paid up Debentures:-60 of $500 each............ Local and general liabilities Profit and loss:-Brought forward $1,176.12 For current year 23,513.49
Do.
ASSETS.
24,689.61
$190,651.85
- 13 388.48
Permanent way, concession, aud deed of grant 125000.00 Stations, Crown leaseholds, and buildings (inland lots 1317, 1332, 1333, 1334, 1335, 1353, and R. B. lot 86) Rolling stook Forniture account. Coals and stores in band Accounts receivable Cash in H. & S. Bank
$
24319.94
125.00
612.60
€92.20
.$27,806.23
1,206.40
28,212.06
$190,651.85
Cash and compradore's orders in
hand
Profit and Loss Account. Dr.
To salaries and wages To charges
To maintenance and repairs To coals and stores
To interest
To rates, Crown rent, and fire insurance To godown and station rent...............$2,100
Less sundry rents received To General Managers and auditors' fees To office rent and clerks" salaries, &c. To balance
16,199.47
1,861.49
10,681.07
7,885.60
2,311.59
1,017.01
976
1,124.00
1,350.00
..1,800.00
24,689.81
£68,019.77
1,176.12
2.00
'67,711,65
$68,919.17
Mr. Maitland as a director.
Mr. WALKER proposed the confirmation of By amount brought forward from last year...
By transfer foor,
The CHAIRMAN seconded. Carried.
Captain GODDAed proposed that. Captain Tillett and Mr. Maitland be re-elected as dir-
ooters.
Mr. WALKER seconded. Carried.
By traffic receipts for the year to datu
The Pahang correspondent of the Straits Times reports that Mr. Thomas Blamey, lately
"That the ship sprang a leak in No 2 hold and the probability seems that in an unusual roll the water settled on the port side of the fat tank top on which the cargo was stored; that when the ship became upright through the jettisoning of cargo she only remained, in that state till another unusual roll settled the water over to starboard, and that by this time Mr. Fullerton Henderson as auditor.
Mr. LING WONG proposed the re-election of || the manager of the Punjum Mines, has obtain the stowage had been so disturbed by the disk - MP. MAITLAND seconded. solving of the sugar that the whole cargo grad-
fell over to the starboard side till it cap the ship.
Carried. This was all the business.
special prospecting rights for one year, from September, 1999, over 250 mares of land situat north of the Raub Australian Gold Mini Company's property.
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