I
HONGKONG STEAM WATER.
LIMITED.
BOAT CO.,
The following is the report for presentation to shareholders at the third annual general meeting to be held at the company's office, No. 37, Connaught Road, at noon on Tuesday, the 24th November :----
The consulting committee beg to submit to shareholders the annual report and accounts for the year ending 30th September, 1903.
ACCOUNTS.
1
It is very gratifying to the committee that the earnings of the past twelve months show a further improvement of those of last year.
The net profits after paying all working expenses are $18,025,72, and after deducting interim dividend and consulting committee iees and adding balance brought forward from last year. interest and scrip fees, leave a total of $15,884 27, which amount, with the approval of the shareholders, it is proposed to appropriate
as follows :-
Final dividend of 6 per cent. mark-
ing 12 per cent. for the year ...S Writs off goodwill
Write off boats...
Write off furniture
یگره
41.
Write off Wanchai staging Carry forward to new account
GOODWILL,
4.491.00
5,225,00
4,478,37
91.09 5000
1,548.81
$ 15,884.27
The amount under this head will, after the provision made in this report, stand at 8:,000,00.
BOATS.
The new boat built by Messrs. Bailey and Co. was taken over by the company during the month of May, and has proved very s tisfactory All the boats are in good order.
CONSULTING commitTEE.
Mr. Liao Tse San, having left the colony, ceased to be a member of the committee.
Mr. Francisco Tee Yut, of Messrs. Wing Kee and Co, has been invited to fill this vacancy, and this requires the confirmation of the share holders at this meeting.
Mr. Chau Siu Ki retires from the committes, but being eligible offers himself for re-election.
AUDITOR,
The accounts have been audited by Mr. Hatton Potts, who offers himself for re-election,
CHAU SIO KI, Chairuan.
Hongkong, 16th November, 1903.
The accounts are as follows :- BALANCE-SHEET, 30th September, 1803.
LIABILITIES.
To capital 7,500 shares at $10,00
$
$
C⭑
each of which there was called up at data of last report 58,500.00 Plus final call on 5,500 shares
at $3
C.
16.500.00
$75,000.00
Less call on 50 shares unpaid
150,00
To accounts payable
74,850,00 1,240.22
To unclaimed dividends.
To profit and loss
By cash in hand
ASSETS.
By Hongkong and Shanghai Bank. By value of boats as per last report $41,283.68
Since added
By furniture
By Wanchai staging
By aundry debtors
By goodwill
26,265.06
78.30
15,884.27
$94,052.79
$ 0. 1,145.40 14,683.91
THE HONGKONG WEEKLY PRESS AND
|
Cr.
By balance brought forwurd, 30th Septem
ber, 1902....
By interest
By scrip fees...
By balance of working account
$
¤°
2,380.42 277.90
10.25 18,025.72
$20,700.29
CHINA TRADERS' INSURANCE CO. LD.
The following is the report for presentation to the shareholders at the thirty-seventh ordinary meeting, to be held on Tuesday, the
8th December, at noon.
The directors have now to lay before the shareholders the accompanying statement of accounts for the year ended 30th April last.
The net premia amount to $1,215,874.72, and the working account shows a balance at credit of $491,976,38, which sum the directors recommend be appropriated in the following manner:
A dividend of 16 per cent. to
shareholders (84 per share, § 96,000.00 A dividend of 15 percent, on contribu- bonus-bearing
tions (payable to contribu- tors whether shareholders
or not)
Balance to underwriting sus-
pense account
110,000.00
285,976.38
8491,976.38
[November 21, 1903.
Wednesday, 18th November.
IN CRIMINAL JURISDICTION,
BEFORE HIS HONOUR SIR WILLIAM M. GOODMAN (CHIEF JUSTICE),
A CASE ADJOURNED.
The Attorney-General, Hon. Sir Henry S. Berkeley, who appeared for the Crown (instructed by Mr. F. B. L. Bowley, Crown Solicitor), stated that in the case in which Li Tsai was charged with the deflement of a girl under 16, defendant desired an adjourn- ment till next Sessions as his counsel unable to be present.
His Lordship-I have no objection. The case was adjourned.
UNSATISFACTORY CASE.
Was
The Attorney-General stated that in the case in which Lam I was charged with assaulting and robbing Mrs. Sheffield be had filed a bill, bat in sccordance with an intimation that the prosecution did not intend to proceed. with the indictment, be asked that the prisoner be discharged. .
The prisoner was liberated.
His Lordship remarked that it appeared that Mrs. Sheffield, who was prosecuting, bad, without asking anybody, left the Colony' after the pri- soner was committed for trial, and after having put the police and the magistrate to the trouble of investigating the matter. It was obviously impossible to prove that the prisoner took part in the assault unless Mrs. Sheffield came forward
testify.
The Atto ney-General-I propose to ask that this lady's recognisances be estreated.
His Lordship-Certainly; just the sime as anyone else.
Directors-Mr. A. Haupt retired from the Board during the year; Mr. C. Michelauto accepted the invitation of the directors to fill the vacancy, and his appointment will be submitted for the confirmation of share- holders. Messrs. E. Goetz and C. Mechelau retire by rotation, and offer themselves for re-election.
Secretary. The directors record with deep regret the enforced retirement-owing to a complete breakdown in health at the close of last year-of Mr. W. H. Ray, who had been in the service of the company for 33 years, and for 28 years its Secretary. In view of Mr. Ray's long and valued services, the directors decided to grant him a retiring allowance of £900 per annuin.
Mr. James Whittall has been appointed to fill the vacant post.
Auditors. The accounts have been audited by Messrs. H. U. Jeffries and W. H. Potts, the latter replacing Mr. T. Arnold during his absent on leave. Messrs. Arnold and Jeffries offer themselves for re-election.
F. GOETZ,
Chairman.
Hongkong, 17th November, 1903.
SUPREME COURT.
Tuesday, 17th November,
IN SUMMARY JURISDICTION.
BEFORE HIS HONOUR A. G. WISE
(PUISNE JUDGF.)
A BEA WALL BISPUTE. The case was again called in which Chan 67,548.74 Ching Hop and others sued Chanak for $70
191.09 damages suffered by plaintiff through the 150.00 breach by the defendant of a contract for the 3,108.65 erection of a sea-wall. The particulars of the 7,223.00 claim were as follows:-To six months' rent of $91,052.79 ground at $70 per month from 10th November
1902, till 10th May, 1903, 8420; to cost of pall | ing down and erecting defective wall built by defendant. $280. Mr. P. W. Goldring, of Messrs. Deacon and Hastings, solicitors, ap- peared for the plaintiff, and Mr. E. J. Grist, of Messrs. Wilkinson and Gris, solicitors, for the
PROFIT AND LOSS ACCOUNT.
Dr.
$
To interim dividend paid
$3,966.02
To consulting committee for half.
year .....
375.00
To consulting committee and auditor Balance to be appropriated as follows --
Final dividend of 6 per cent... $1,491 00
Write off goodwill
5,225.00
Write off boasts
4,478.37
Write off furniturə
Write on Wanchai staging
91.09 50.00
Carry forward to new account
1,548.41
C.
4,341.02 475.00
defendant.
After hearing further evidence on the point as to whether the con raot had been waived by both parties,
dant with costs.
His Lordship gave judgment for the defen. He found that the plaintiff was wrong in not dumping sufficient stone in 15,884.27 the water for the defendant to carry on his
work. $20,700.20
The Court adjourned.
THE BELILIOS TERRACE ROBBERY.
Chan Cheung was charged with having on 16th September, along with certain other per- SOLS auknowo, assaulted Miss A. M. Bate- man and her amah in her house at 18, B. lilios Terrace, and stolen two silver watches, a silver chain, and three rings, Alternatively the prisoner was charged with receiving the stolen goods.
He pleaded not guilty.
The following jury was empaneled:-Messrs. R. Berwick, D. J. Pettiguart, J. T. d'Almada e Castro, W. Taylor, Wong Kissam, F. L'. Ba o, and A. L. Alves.
room
The Attorney-General stated that this lady, Miss Bateman, was a teacher in Besilios Schools. One afternoon, while she was lying down and her amah was in the room with her, the prisoner, along with certain other men, entered the
and attacked the two i ateman women. Prisoner rushed at Miss and throttled her. Another man attacked in a similar way the amah, Miss Bateman had a very severe struggle with this person and In the result be very nearly strangled her, the men ransacked the room, first havin r over- powered the two women, whom they tied up and whose heads they covered with blaukets and table-cloths, and stole a quantity of jewelry, among which were two watobes. It was the theft of the watches that enabled the Crown to bring home against the prisoner the charge of being one of the men concerned in the robbery. He would produce a witness who would
three o'clock on the swear that at afternoon the prisoner pawned one of these watches. The Crown had had considerable difficulty in this case in tracing the perpetrator of this dastardly attack upon there two defenceless women, and it was only after
and
that patient
careful enquiry
at fast the detectives who were put upon the track found out that a pawnbroker in the neighbourhood had one of the watches that had been stolen. The pawnbroker came forward and identified the prisoner as the man who pawned the watch. If, almost immediately after a robbery, a man was found in po-session of the stolen property, the jury would be justified in finding that he committed the robbery.
Evidence having been heard, the jury un- animously found the prisoner guilty on the first count.
same
The Attorney-General put in a previons con- viction against the prisoner.
His Lordship deferred sentence.
Lui Ngau was brought up on a similar charge