Page
the
deal with an act of bankruptcy which is not alleged.
The hearing was adjourned to anable Mr. Goldring to file farther afidavits as to the art of bankraptoy.
KOWLOON-CANTON RAILWAY
The following progress report on the con- stinetion of the British Section of the Hong- Long-Canton Railway to 31st Deceraber, 1907, was laid before the Legislative Council by Commend of His Excellency the Governor yesterday:
DESCRIPTION OF ALIGEHENT.
CITRONNA DE SAUVINET
IN EXCELLENT CONDITION.
JUST. UNPACKED.
PER DOZEN JARS
H→PRICE & CO., LTD.
WINE, SPIRIT & CIGAR MERCHANTS.
02-QUEEN'S ROAD CENTRAI
$15.00.
The present alignment is slightly different from that set ont by Mr. Brace. In Kowloon TELEPHONE No. 135. Station Yard, the line has been kept further,
over, the line by a very large Bridge Des Voux and Gascoigne Roeds are carried
1
in 159 to chain 8800,- nedr-which the line After passing this bridge, the grads rises at passen over a proposed 100' road by a 60′ girder bridge, with 2 sido spans of 10 feet archea for the pataways.
Hongkong, lat February, 1908.
Yard, a big bank in Shatin Valley and also another near Taipo, if all goes as at present I think there may be a saving of about 10 per cent, or may $250,000.00 under this sub- Lead.
FOR ATION TUNNELS
these payments by the acoṛptor. But the Court, †(5) which indicates the grounds na.which the into or express an opinion on the opposing presses another 100' road by a 60° span girder which the long tunnel under Beacon Hill is!
ware
દ
TH
The progress of the work under this sub- bead is not quite as much as was expected. This is due to the unexpected dioulties met ROBINSON PIANO with in the nature of the material through being driven and also to the fact that great delays were experienced at home in gelting delivery of the plant required for working the very full up ef orders. tanpel oring to the workshops generally being
There are five tunnels on the line but four of those can be neglected us far as expenditaro and
bille only by procuring advances from their coast is szoh that, the Court would be obliged have obtained some iden of, the debtor's position length of level in the pentre of the tsunel, progress during 1907 is concerned.
From this river, the alignment has been com plotoly alterou. Instead of continuing on and keeping to the sea shle of the road, the line ourves to the east and crosses the Taips Road" by level erogsing it chain 336 Shatin Station is placed at chain 25000 and at reduced level of 21410 which ought to keep the formation dry during typhoons at this point,
Beyond Shatin Station, the coast lime gets very rugged and indented with deep bays It was found inpossible to get a line at a low level here-without-havitg either very doop cuttings through the spurs or else.gunning the Hna too for into the sea. For this reason, the grade risen
la reached,
work the reverse is the case as regards ex- On a large tunnel as compared with earth.
very large amount of material and plant has to panditure and progress during the first year of construction. In the case of a long tunnel & be collected and erected before a proper start can be made. This increases the expenditure per lineal foot of tangel during the first year and it would not be right to multiply out th couration of the tauel at the same rates as the first lengths,
Up to the end of 1907 the fällowing had been dono nt Beacon Hill Tunnel NORTH SIDDE,
CO. LTD.
TWO IN ONE
THE LATEST
MUSICAL MARVEL
IN THE
AUTO-PIANO
(A PIANO & PAYER: COMBINED)
.....
The beading had been driven 1,075 feet from the face, and a shaft mank about 90 feet deep. TILE ALBION-AUTO, This shaft is now thrown out of use but its con stenotion added greatly to the length of leading driver. 355 feet of heading had been widened and fully lined.
NORTH SIDE.
8 surelyship tendency of Eurlish judges in considering thissule. I suppose commerce has to go on crossings At chain 15:200 the road patsen. Leadings are in extremely hard compact rogki
រង
incu
1HE RACHELS-AUTO, THE BRINSMEAD-ANGELUS.
Hongkong, 26th Febuary, 1908,
The hording from the open was driven 352 Between chain 13.200, and 44.000, the Taipo sunk 27 feet between January 3rd and October THE ROBINSON PIANO CO.,LD. first work in January, 1967. A shaft w's aleo i
the railway is too high abore they road for level canth and 100-fest towards the North. These Road is diverted to the sea side of the line, es 24th and 110 foot of heading driven towards the ander the Railway: Shortly after this, the road which I hope will.net require any tining of eas rapidly and between chains 45850 brickwork. On 31st Decorcher there was 120 16200 and 40950 & 47200 is diverted and kept feet of lining completed. ou the west side of the lian-by being acarped out of the cutting above the Railway.
Between chains 15-160 and 48450 is a short tacnel, the read going round the spur is carried
THE HONGKONG DAILY FREES, FRIDAY, FEBRUARY 28TH, 1908, wus made in the presence of this debtor, and it that the firm itself sent a prory to the dobter a 1 to 1903 the profits were $27,000 and the capital | Mr. Dixon anbmit your Lordship onanot was a question more of tacit than ponstructive sollaltor on 23rd November, which clearly was increased to $65,000. The debtor does not seem consent cu ble part. The case-which is nesmetan invalid proxy as it should have been to have kept very regular accounts, but I gather to the present facts in Exp. Bishop, to For, given by T'stat's assigue, and not by that all the material facts have been ascertained. Walker and Co., which is cited by De Colyar, Talati and Co themselves. It was, however, But by the end of 1906 everything had been lost and which whon oramined carries us a great cosirmed by the assignes, and I must except 35700. In 1905-06 the debtor bad bad way forward. Au accommodation bill was apply the doctrine of raufication to this contracts for yarn amounting to eleven million drawn and accepted for the purpose of rais and hold the proof to be validis made. This dollars, of which he had failed to take delivery ing money for the drawer and acceptor, and the point would be too highly technical to warrant of four million, and had failed to re-sall drawes discounted it with bill hers in the may refusing to confirm the scheme merely on
two million. On 15th August, 1906, he had to The bill brokers then dis- this ground, but it seems to me to a great take delivery of three million. of which two of counted the bill with their banks, It was pity that there should have been sny laxity in million was not re-sold, and on the 17th Auzust grated that according to a well estal, Salved tunge Indis in a matter of such imiperianos. The he then or lered five milling of which two the common and invariable practice of bill-next point arises in virtue of a definite applica- million were not re-sold his uncovered obliga- of Fondon not to go through tien that the debtor be adjudicated bankrupt: tions amonated therefore to 74 millions. I Broker in the alty
Their games upon every section 19(1) of the Ordinance provides that confess that thress Bgures, rather steggie tie the form of raincount with their bankers if a composition or rehaus ir net accepted uncommercial mind. bill-which they
The debtor Pays in but to give intent of a gouerst indomaity or approved within fourteen days after explanation that his customers had given him. or guarantee to their bankers by which they the conclusion of the debtor's examination. ditestions to bay, and had urge aim to big,
Bush further time a undertake to be liable to the bankers or
the Court because they said a great quantity of yarn Court shall n upon much bill which they rediscount may allow,
would be wnated, and that they failed to come with them just so if they had endorsed that bill the debtor bankrupt, Be Piafold
me Except for the fact that in this case the b1 Q.3. 78) decides that this word of forward and buy, the case of it all being the west nearer Des Voeux Road.. At chain 38001
rise in exchange and a consequent fall to the could choose the persons from whom is not compulsory in so far as regards these price of yarn. The fact is however, tha tas they made themselves liable, whereas the co-equitable grounds upon which the Court has
yarn market was in a precarious condition Treuore cunnet, this is as re- compradero ofton-refused the order, but that etti.it de owing to the abnormal rise to theirselves agreement as we shall get from the cironin regarde the actual provisions of the scotion is that the foreign Importers themselves stances of basinera in the West. The bill being ompulsory. But I think that the clear meaning closed the market for three months in order to dishonoured a payment was made by the din of this section is that it contemplated the reduce the straks on land. It all seems to the counters to the Bark, and the question rasa application for adjudication being made before uncommercial mind very cash and very lazar
ether they could prory for this amount in the the acceptance of a sobenie, aud in that case the dapa, but it is so rash and so hezarlons that I At chaia 9700 another 100' rood (Argyle The loctrine fourteen days provision is absoluto but that if am justified in setting aside the wishes of the Street) is crossed by a 6 girder bridge. As bkruptcy of the acceptor. bave just been considering was relist on by the scheme has in fuel been accepted traditor is majority of the creditors who have the legal oless as possible to this road, I propose to put a trustee in this bankrupter and it was god on debarred from availing hime if of the porsion... hin bolaif that there had been no rification of But the whole controversy tores ob section 18 to bind the others to accept the proposed station for Yaumati.
soheme of f arrangement. I have not to inquire
Passing through a short tunnel, the line. Court may, in its discretion, refuse to approve creditors action, for it is not directly before me. of Appealheld that there was a relationship of
This is the third bridge which the Public Works principal and surety set up by the circumstanos the clomeOne of these ground is "if the But indirectly it is, and I cannot refrain from of the same for, said James, TJ it must Court is disantisfied with the condust of the saying that some of this dealing was dealing with
Deportment have asked the Railway to build, for which there is at present no road except have been perfectly well known to both drawers debtor. The later English Act of 1890 has themselves, at a time when things wore sa shaky
such as is marked on a map us Proposed." and acceptors that !!andorton and Company in sctin-3 (8) and (!) a somewhat different that they themselves bad to join in taking violaa
on un enormous business as bill provision:-The Court shall refuse to appruge mousures to cheek a farther fall in price. And
After crossing this road, the grade rises at 1 estrying discounters, and that they could discount the the proposal in any case wore the debtor' I must assume that they hail, or if not, a uid in 100 towards the hills and at chain 17500 patore Bensou Hill Tunnel There is a short barkere, 10, that they would re-discount to refuso bis disobarge, hud ho en adjudged Obriously, I do not say that they were thum the bile" After referring to the atom of barkrupt, or where the Court would be selves acting rashly or hasardcasis. But what chain 20 700 to 21910, and the lise falls st 1 in the city in the words I have already required either to refuse, imgendo attach I cannot help thinking from such experience is
100 to the north portal at chain 24700 where quoted, and understood by the gentle approval maless a composition of 7/6, in the system in responsible for a great deal of rating of thres 10 girifers, and runs. down the
the L. J. roid This fret must have conditions to discharge it shall refaso le I have gained in the Court that the compradore
the grace changes to lin 10). Near this point, the line crosses the valley on a bridge consist Inthinaufnotured there i From this forthcoming. It is necessary to notice this
goes on in commerce in the Colony. I am well point of view of the multnager Chingen 3ustomer's difference in the two provisione as somo aware that the compradores areurity does eften north side to Tai Wai Village where thren is a whoss debts are guaranteed by the ompradore Kuglish decisions have been referred to. In cover only a small proportion of the inbilities ridge of four 30. arches over the Bling Man the facts are on all furs with 11.is case; I must Bugland the refusal is deduitly regulated; in which he incure. I know too that the compradore River argume somethir git ths regud to the business the local Ordinance it is disaretioanry. It is
system is and is likely to be for many years. of a compradore, and I am not stretching your, however, that the conduct of the debtor essential to carrying on trade with the imagination too fix when I incorporate into fuferred to in our ordinance menn auch cudnet Chineze, But I am hound to say that I do this case the one fact that the Chinaman in this in relation to his business as the Court exercis think the existenes of that system iuds to Colony-known that his debts to European firms ing its powers under the gut, would have to take feeling false security, and that the inevitable are guaranford by the compradore. I read go no notion of in some way as by ordering result offered is that sometimes a course of dealing further than this, and I should not be a prosecution or refusing or sospending, or at is entered into with Chinese which would not be justified in so doing; the worms of his aching conditions to his discharge under entered into in like circumstances with Euro- liability are not known, but that does not scolion 27. The conduct of this debtor relied concern the Chiness customer; he kiss the or by the opposing creditors is conduct which, Peans, There is only one other matter I must refer fo, and that is the part which the abnormal Cue fact only, that he is guaranteed, and that as alleged, falls within section 27 in regard to actuations in exchange lave played in this he eculd not do business without the inter which the discharge may be refused or asspend matter. I of course cannet go to the extent of vention if the compradoro. Therefore, so faxed rash and hazarious speculations, which saying that resh and baxatone course of as he is concurned, in spite of the fact that the include of course cracting debita without
commercial conduct, becomes the opposite when radore may not know him, or know of the reasonable expectation of being able to pay them, exchange bus precipitated the crisis. Nor can business which he has entered into, the relation.or continuing to trade after knowing himself to say that dealinge pot otherwise rash at 1 in 500 am 1 in 1,000 till a height of 28 fest during the year. It was started during the SOLE AGENTS ship of the compradores ignorance of the to decide.. It is not a legal one at all in this thom to grief. I am doubtful even if to one ship of principal and surety is set up. Can it be insolvent. This, then, is the question I have hazardous become so what exchange brige Chinnse trader's existence will prevent the case, but a purely commercial one, and I must that the rashi and hazardous dealings become relati, Dehip arising For that is the only do the best I can with what seems to more so in like circumstances. It sets to point which may differentials his case from me rather a difficult problem. There are the one just cited I think not. For the however, a few authorities which-show-thetar justifying ap condemning the act by the real test whether there is
quentior, which I must first vefer to. (In re actuations of the silver market, and on the
subject to these Aiolent
and disturbing or actis better there lam juristet up between the compradore and A.D., 10, 1 KB. at page 106), Vaughan whole I am disposed to say that the question of the Chinese customer. And if it is set up by Williams 1,J. expressly alluded to the old deci exchange con finly be left out of consideration one set of facts it can hardly be destroyed by-side, and be laid down this important principle in a question like the present. Sa that tho the intredeation of another fact, which leaves There is no rule that any misconduct will question before me is what view am I to take the former fac's unnitored. And if it were justify the Court in refusing to anotion of the debtor's "onduct in the following necessary to find a reason for this view 1 tobems, The misconduct must have been such circumstances: After a period of prosperity, should be prepared to hold that the provision of as would make it against public policy to sane. he finds himself practicaly at the end of his the agreement that the compradore can recover tion the scheme, .e. the misconduct must have resources. The market is in a very shaky con his commission from the Chinese usicmer, beea of a gross character. Now what othedition, bat he has orders from the country sime impses a dely on the firm to segnsint the misconduct suggested here P. Ia substation, it of which are oxcoated and some not; be goes ou compradoro immediately a bargain is entered only that the debtor lus-bequ-guilty of rack with his trade, in which however, the element into. I am therefore of opinion that this deed and hazardous speculations landing to his of speculation is never absent, and gives even does create a contract of suretyship ouls, and solveper, but to say that that is a ground larger orders than before He is running s ráce that the plaintiff, the anrety of the compratore, upon which the Court should refuse to end with exchange and is beaten. But he finds the is entitled to this second inquiry. It follows to the scheme would te, in effeo, to say that European firms, who know the fluctuations of from what I have said that in spite of the la cave where that reported to herobange and their effent on the yarn market
wide words in which the liability Receiver there can be no scheme. "But, Zibs clause is drawn the contract must be inter- learned Ladd, there might be a case him by his conduct, and mete out the punish of Cheung Sui, Tan and rises again approach The grade runs down then past the Fillage preted as a contract of suretyship would natur- where the rash and hazardous speculations bad wont of the bankruptcy law. I should suspending the Taipo tunnel. This tunnel between ally be constructed; that is, that the compradar besa so continued or of such a character as to his discharge but I have, as clearly appears Chains 62,025 and 63,475 avoids a sharp curve standa surely to Messrs Sassoon for their Chi- make it against public policy that man who from the Officia! Receiver's report, to mete out nese-onsiomers: they cannot be help to guar, might be described as a confirmed gamber the punishment to others, by depriving them Taipo Station Yard. Going ibröngu the spar, round a very exposed spur to the south of antes to Mossre. Sassoon against themselver, should gata salioma sanctioned-at-all. There of what they find they can save from the wreek; instead of round it allows the line to cross the and thorofore any Feeses which have beau ara-remarks in re Boer (88 LT, 835) in much and as there is no compulsion in the utter, next bay mach nearer the shore and aroids a dccasioned by Messrs. Sassion's own notion is the same souse. It is clear that these opinions think in the circumstances, that I should not good deal of bridging in deep water. not covered by the agisement thiols that are applicable to the discretion of the Court be justified in doing this. Stated in this way the words or otherwise however must be under the local Ordinance, and it was the somewhat anomalons
Taipo Station Yard is in the same position powers of the
ngir. Bruce placed it. but I have raised the interpreted by the ajudem generis rule, nad strongly contended that this was A cane Court are explained. I am not dealing Lovol 2 fost to 22000,"
the as description with the debtor. that the sentence "whether such losses, dam- which falls within
bat with his creditors,
Beyond Taipo, the line deviates very much ages, coste, charges or expense: abail be incurrell of rush and hazardous speculation which and therefore it is that the cases om or sustained by reason of the branch of analoght to induce the Court to refuse the sanction phasise the justification the speculations must contract, agreement, transaction or basiness or of the soberne. The examination of the debtor be of such a nature as to make it against public otherwise howsoever can only refer to losses revealed the following facts that in Jatuary policy to approve the scheme. In going counter Joccasioned by the acts or defaults of the 1993 he commenced business with a capital of to the wishes of the legal mejority I can the sea enclosing large tidalarens. The bridges estimated as requiring only an arah overhead of the permanent equipment of the line. No
Chinese englumers. If a loze wera occassioned $11,000, or perhaps $2000, this does not very do so on grounds of pubila policy. It was very by a breach of contract by Mesars. Sassoon clearly appear. He was not a yarn merchant, ably and forcibly argued that this man's themselves, they would not I suppose contend strictly so called, but a middleman,, the distri. apeculations were against public policy. The that to compradors was liable.
I think bating centre between the European imparters I can deal with this head, and the "Farther and the Chicane large and small buyers through rustrations which induce me not to accept
this argument sufficiently appear from what Enquiries"
I think they really out the country I think this is material, have already side. I therefore, but with together, all fall under this ruling and I suggest because although I am most anxious not to hesitation which this judgment giv z expression that the better form of the enquiry would make any remarks on a subject with which I to, approve the scheme. on these lines as to any sets committed by am not conversant I am bound by the Ordin the defendants which have occasioned the loss ance to form an opinion on the facts, and in a in respect of which it is sought to impose bankrapies of this Importauss it is essentiel liability on the defendant. The exact form that I should attempt to give an intelli san bo settled by the solictors in Chara bord gent, and I hope intelligible, reason for There remains the third head, the deficiency in the conclusion I have come to. I think price of goods sold do. I do not know what the am right in saying that this sort of middle word" deflciency means. It aeros to me that man isential to the intervational com this question as well as the consequent questions weree which goes on in this Colony, and that which depend on it are matters which a com- this is a fact recognised by all parties. But mercial man is far better able to decide than I then this followsThat a middleman must I think the parties ought to agree to take lays a larger command of the commodity in the opinion of some gentleman in the commercial which be deals than an ordinary merchant; that world. If they do not this part of case must be his commersial conduct cannot be judged, and it much more fully stated than it is to enable me has to be judged before the bankruptcy court to arrive at a conclusion.
by the standards by which the conduct of à mer chant in the same line would be judged. The chief question is, of course, that of capital. The apparent lack of proportion between a man's capital and his undertaking which the His Lordship delivered bis decision in rose bankruptcy court might think unreasonable Wa-shar, Mr. P. W. Goldring (of Messrs.in the case of a merchant, might possibly Goldring, Barlow and Morrell) represented the be quite reasonable in the
DARO of I think there is debtor, and Messrs. H. W. Looker (of Messrs.middleman, Deacon, Locker and Deacon), E. J. Grist (of inevitable corollary to this that the firms who Wilkinson and Grist) and C. F. Dizon deal with the middleman must be taken to kugu (of Moana. Hastings and Hastings), the this. The question which I have therefore to creditors.
decide in the present case is whether this Hie Lordship end-La this case I am asked debtoré dealings were, by the light of there to approve s koheme of arrangement by which facts, unreasonable; has ho acted rashly and the debtor proposer, or it.js proposed on the hazardously as a middleman, and not as s mer- debtor's behalf, to pay a composition of 75 per chant. I have then to decide this question, ount on all provable dubts within a month after really on behalf of the commercial community the approval of the scheme, the payment to be rather than as a question of fast or law, without secured by the personal bond of some person to the usual areistanos of expert evidence on the be approved by the creditors. It is understood abject which I should have in an ordinary like this creditors. The scheme bas the approval of the and the materials before me are not very
-very
1.10.
IN BANKRUPTCY,
BUHINY OF AEBANGEMENT APPROVED,
Megero
-and
an
still give him credit. If had to judg
**・・ CREDITOR'S PETITION.
Guiy.
Re the Yuen On firm. Mr. P. W. Goldring (of Messrs. Goldring, Barlow and Morrell applied for a receiving order on behalf of the debtor ; Mr. C. F. Dixon (of Mesara. Hastings and Hastings) appeared on behalf of thros partners to oppose the application; Mr. Crowther Smith (of Messrs, Almeda and Smith) appeared for the managing partner of the firm, while Mr. II. W. Locker (of Messrs. Deacon, Looker and Descos), and Mr. E. J. Grist of Mars, Wilkinson and Grist represented other creditors,
position is somewhat complicated, my Lord, bounce other at opposition has been filed by Mr. Dizon.
His Lordship What do you want? Mr. Goldring-I want a receiving order, and I understand Mr. Dixon, who appare for Botne of the partners, opposes it.
Mr. Dixon-1 appear for three of the partners of the dem to oppose the application.
Mr. Smith-I represent the managing part. ner and agree to the application.
His Lordship-I have-not-seen the act of bankruptcy yet.
Mr. GoldringIt is notice of suspension of payment, (Mr. Goldring here rend the notice),
His Lordship That is not & noties of suspension.
r. Goldring quoted "wo have no money to pay your debt or other debts,"
His Lordship. I would like you to give me an authority. I have refused several applications
over the tunnel portals at both sides.
As Chan 19.500 on Mr. Bruce's alignment; there was marked a vindwot of 20 spans of 20 feet in rather deep water. In order to avoid this the new line gees more inlaud and passen in rather deep cutting through the west side of a hill at Chain 50.400. The line comes out on to the coast line again and is in heavy scarp cutting for some time, with a abort tannel between Chains 51.475 and 51.625.
..
The plant at both sides is similar. There has erected a complete double set of electric lighting dynames and also a double set of air
The decrease in expenditure during 1907 in the main head of bridges was owing to the fact that the survey took rather longer than was expected and as there was no reason for pickin up lost time, no extra rates were given to every
compressors for driving the rock drills up the work. These compressors are at present used for ventiating as well as driving the drills, a triplicate eet of compressors are on order fer ventilating when the headings get further into the bil A prent part of the expenditure up to date on the tunnel has been for the erection of this plant and the housing of the staff which will not I hope occur this year.
As there was no
TRACK BALLAST..
during 1907 owing to the high rates asked by Not much work was done under this heading the Chinese contractors. object in collating ballast at this early stage norge contracts were lef. A large amount has been put down for 1908 but it is hoped this scount will not be required. The rates are falling gradually and it is probable that this will beatone for the estimated amount.
TRACK PERMANENT WAY.
The anforeseen expenditura during 1907
Hardly of the heading has been completed and the cost per lineal foot is slightly in ex ease of the estimata and about 1/15 of the
is costing considerably more than the estimate This widening widening has been executed, and may result-in-an-excess of $300,000 being under this sub-head was for rails and sleepers required. This is due to the arge amount for the reclamation of Kowloon Station Yard. generally being under-estimated in the first sleepers for this work as the use of narrow of explosives required and the cost of the labour It was decided to use the permanent rails and instance through unforeseen dioulties, guage rails and sleepers, similar to what is in
aa regards brick-lining it is difficult to say use at the Tunnel would fond the Colony with how the estimate will work out. One thousand such a large amount of this material that it feet was estimated as riquiring to be fully lined would balleult to get rid of at the completion at each end. This will be exceeded at the south of the work. This expenditure was matetisi eida as the decomposed granita ia extending only: much deeper into the bill at the side thou wus
"PLINT. from Mr. Bruce's sligarunt. for the first few expectod. At the north side the rock go; Under this beading the increase of expandi-
barder and compact much more quickly, and
the i aniles,
distance estimated to be fully lined will not being required for the reclamation in Kowloon ture was owing to broad-guage engines, ke be exceeded. The balance of the tunnel was Stations Yard. These engines will forma part
to keep chips of stone from shaking out and permanent increase is foreseen. falling on passing trains, Parts of the tunnel will not require even this so there may be a saving in the lining.
GENERAL CHARGES.
1 be original aligament was very far out in necessary for letting the water out would all have to be founded on walls which would have been very costly requiring a large amount of plant, The usw alignment runs right inland after leaving Taipo Station, passing to the A very large amount of material is at site anderestimate and to the difficulties of the line. west of Taipo Market, The line then gete back in the shape of bricks and tim bor which makes rendering it necessary to increase the superior on the old alignment for a few chains and than the figures for expanditure look large com-grade of the Supervising Stat leaves it again to avoid a 6 degrees curve on a Ipired with the progress and makes diagrams in 10th grade.
Fan Ling Station is reached at Choin 96.000 and the frontier at chain 115,000.
to a datum 200 feet below Ordinance Datam.
Note. The various levele quoted are referred
BURVEY.
and figures vory doceptive,
The minor tuanels will all be built within the eetimate. The expenditure during the past year chiefly consisted of the cost of materials at the site of works.
FORMATION ROADS.
No expenditure was undertaken under this
All expenditure under this heating has boon completed. The differegos between the Aotaal | sab-head. and Estimated Expenditure represente a saving on the Total Estimate.
LAND.
Outside Kowloon all the land has been bought with the exception of some lots near the site of Shatin Station.
BRIDGES MAJOR,
BRIDGES MINOR..
The increase here is ddo to a large original
GENERAL PROGRESS,
There are two large works on which depend the final completion of the line-
(a.) Beacon Hill Tannel.
b.) Excavation of Cutting No. 1 which is to form the reclamation for Kowloon Station Yard.
Beacon Hill Tunnel has always been conei dered the ruling factor as regarde the final opening of the line for trafic. At the end of About half the estimated expenditure bey December the heading going north from the been expended on the large bridges. Of these south side and that going south from the 13 Bridges work has started on all except shaft at the north alde were 4,914 fest about 3 as regards at least collecting of part which would meet at the end of No- material. Four are complete with the ex-vember. 1909 If the present average can be FORMATION EARTHWORK,
ception of the ironwork and 3 arched bridges kept up. Six or senen months at least would are practically keyed in and about 3 are about be required to widen ont and lay the rails Any quantities and amounts I might give to show progress under this and-head would be half Snished. The rest are well in hand. ready for opening for traffic say the end of I would consider there will be a saving of about The reclamation of Kowloon Station Yard
May 1910. very deceptive. The total expenditure up to $50,000 ander this bead but it is difficult to say with material taken from cutting No. 1 is total estimate for the line but about half of the end of 1907 was under a quarter of the
as all the foundations are not 'in as yet.
however taking longer than might be expected the total quantity of earthwork has been done. This is owing to the fact that the commence-
and I trust the completion of the whole line may About one quarter of the estimated expendi- not be delayed by any failure on the contractors the easiest and the quickest done because the I consider a good deal more than quarter of time, viz., December 1909. mont of all earthwork outtinge, & is generally inte on this sub head has been incurred and to finish their contract within the specified
excavated while the interior is generally cole number of minor bridges have to be built than material is soft and therefore more cheaply the work has been fuished Bather & larger posed of rook which besides being disto was at first expected. Owing to the come revised and supplementary Ellonates together excavate has to be led out a longer distance picated systems of irrigation in the New with statement of expenditure to and of 197 sud. before it is in its final position in the bank,
The departmental System of carrying but and run through one opening
Territories the water could not be collected estimated expenditure during 1908 and to cor the future expenditure to complete the works does because all work is done by petty contracts Bridged when the Railway is complots and of this setimated that during thepresent year the not lend itself to easily estimatin and culverts. There will be over 30 Minas $399,546.45, daring 1907 52,814,9155, while to be split up into several minor brid plate the work. The oxpenditure during 1906
expenditure will amount to 84,020,000. To Mr. Goldring-In previons cases I bays on a schedule of rates. The rates are gradusted these seven have been absolutely completed.
to suit the varying nature of the work and
required-1 estimate. Work is well in and on the other impossible to make anything like an estimate on these should not be at least 10 per cent of also take soms oonsiderable time it would be bridges and there is no reason why the saving
taken would not assist the Engineers in any the earthwork on the line. These torings it of the amount of money required to complete about $50,000.00.-
4
but had
ESTIMATES,
I append detaild statement of the original,
that this minst mean, or be in fact, by all the case; I must do so by srich light is I can gleap, known a letter similar to that to be sufficient, requisite majority of three-fourths in vain of mising for while some of the creditors firms.It seemetto me the firm could not pay; and stated unless costly borings were taken which wond with a saving of about 10 per cent, on the complete the undertaking $2,925,822 will be
· BRIDGES' OULVEETS.
G. W. EVES,
Chief Resident 'ngineer.
and the creditors who have proved, and it is of standing in the Colony are willing to that fact clearly in the letter Win your supported by the Official Receiver in his secept, the very small composition of 21.Lordship grant me a week's adjournment.
4th February, 1908, report. It is vehemently on the proxies hocanes 1 proenme they consider the debtor's Lordship to dismiss the application with cost, cent, others, died of standing, proteat, Mr. Dizon-I must oppose that, and ask your remaining creditors. One of
that of Talati and Co.,-themselves kanks conduct to have been so bad commercially against the petitioning creditor.
HOW TO BE BEAUTIFUL-Koop your com rupt in Bombay has been challenged, and
and speaking, that t they are willing to run the Mr. Goldring There are other grounds for way in carrying ont work under this depart-
The expenditure on those are keeping well plexion, Mrs. Ellen's Crême Charmante. Lait mental system. the challenge if sustained would bring the risk of getting at the most 14 per cent as I am the application, Execution has been ismed amount of the assenting creditors below the to assume from the Official Receiver's report against the firm in three actions, and their
The estimate of expenditurs during 1968 within the estimats though the number is Charmant and Special Skin Tonis and Pondre Baccssary three-fourths. It seems that Taleti's will be the fact to incur a log themselves and goods have been anizad.
must therefore be regarded as approximate rather in excess of that estimated for. These Charmant will enable you to do it. Her proof was dated 11th January, 1907, sad that to impose loss on others, in order to expose Hit Lordship-All acts of bankruptcy ought only but it should be suficient to complete culverts are as a ralo made only for single line Specialition for the Skin are the studly of s ake firm was made bankrupt on 29th April, and and punish his conduct. Now, I find that up to be stated.
all earthwork banke and eattings with the ex- owing to there being no dificulty in lengthening lifetime. A. S. Watson & Co., Ltd., Sole Agents ception of the ramstion in Kowloon Station them when the line requires doubling.
164