Page
atles Pamer & &
The Wine Merchany of the East
INAPIER
JOHNSTONE'S
“SQUARE BOTTLE”
WHISKY.
UNVARIED FOR OVER
150 YEARS,
THE SAME TO-DAY AS IN 1745.
BEWARE OF IMITATIONS.
SOLE AGENTS IN HONGKONG :
LANE, CRAWFORD & CO.,
and from ALL WINE MERCHANTS.
THE HONGKONG DAILY PRESS, WEDNESDAY, NOVEMBER, 187a 101%.
COMPANY MEETING.
HONGKONG, CANTON AND MACAO
STEAMBOAT CO.
An extraordinary general meeting of shareholders in the above Company, called for the purpose of confirming a resolution passed at a recent extraordin ary meeting providing for certain altera- tions in the articles of association, was hald yesterday. at the officca of the Company. Mr. E. R. Fuhrmann pre-
WM. POWELL,
LTD
TELEPHONE 346.
sided, and there were also present: GENTLEMEN'S OUTFITTERS.
Hon. Mr. C. H. Ross, Messrs. F. H. Armstrong. F. A. Gomes, G.- Friesland, G. R. Laurenz, 11. A. Sicles, F. ib (directors), Messrs W. Clark (secrc- tary), D. V. Stoavenson (solicitor for the Company), M. S. Northcote, D. Mac- donald, A Bune, A. O'D. Gourdin, and D. Gandar,
The Secretary having read the notice. convening the meeting,
The CHAIRMAN said-Gentlemen,--This meeting is called for the purpose of con- firming the resolution which was pro posed and passed at the extraordinary general meeting of this Company held in this room on the 15th October last. As has already been explained, before, your directors have caused a new set of articles to be prepared in order to bring the Com- pany into line with the new [62
company law and generally to meet modern re- quirements. I now, therefore, beg to pro- pose that the following resolution bo confirined: "That the regulations con- tained in the printed document submitted to the meeting, and for the purpose of thereof, be and the saine are hereby ap- proved, and that such regulations bo and CORNED BEEF AND PORK, they are hereby adopted as the Articles of
BRAWN
the Company to the exolusion of, and in substitution for, all the existing Articles
TRY
Some of our Specialities. CORNED AND SMOKED OX identification subscribed by the Chairman
TONGUES,
BEEF AND PORK SAUSAGES.]|
THE
DAIRY FARM (0. LTD.
GENTLEMEN, WE HAVE
SOMETHING ΤΟ SUIT
YOU!
ILK, Silk Lisle, Lisle Socks,
Various Patterns.
S1
Silk Sbirts, White and Colour Striped.
Silk Pyjama Suits, White and Colour Striped.
Silk Scarves and Ties to match Silk Socks.
Sock Suspenders,
Silk Handkerchiefs. Dancing Shoes and Gloves, etc. Call Early before we are Sold out.
HOOSAIN-ALI & Ot
Hongkong. 1st November. 1912.
STOMALIX
Saiz de Carlos. Cures Dyapagala and 59 per cent. of Diseases of the Stomach and tatarlipss, painful and otherwise.
Distributing agents s FRANCIS NEWELRY & SONS, LIN, LOBton, Eng.
I say
KEATINGS LOZENGES
cure the worst Cough.
054
APIOLINE
(CHAPOTEAUT)
LADIES
SAFE REMEDY
For functional troubles, delay, palu and those irregularities peculiar to
the sex.
Prescribed by the highest French Medio authorities and superior to Tansey, steel Drops and PerÝ FOTAL.
CRAPOTEAUT, 8, ruo Virienne, Park
Geld by a'. Chemists.
LA
103.3 THE NEW FRENCH REMEDY. THERAPION NO. 1
CURES HAROFLBICHERSEY, WITHOUT 18JECTIONS.
THERAPION No. 2 THERAPION No. 3
GURES DLOOS POISON, BAD LEGS, SKIN ERUPTIONS,
thereof."
Mr. BUNE seconded, and the resolution was carried unanimously,
The CHAIRMAN This is all the business of this niceting, and I thank you, gentle men, for your attendance.
'TOERANGIE RUBBER COMPANY.
An extraordinary goueral meeting of shareholders in the above Company, was held at the offices of the Company,' St. George's Building, yesterday afternoon. | Mr. A. Denison presided, and there were Steavenson, A. B. Rouse, W. G. Hum- also present:-Messrs. E. Ormiston, D. V phreys, C. D. Wilkinson, P. Loureiro, 10. Martini, and Mr. E. A. M. Williams
(secretary).
The Secretary having read-the-notice convening the meeting,
LLAMA
UNDERWEAR
IN THREE WEIGHTS.
GUARANTEED UNSHRINKABLE
WHITE
"VIYELLA" UNDERWEAR
WARMTH WITHOUT WEIGHT.
SWEATERS. CLUB COLOURS. COAT SWEATERS. GOLF-HOSE.
Mr. Slade and another shareholder, and therefore we cannot cavil at the terms of the agreement.
Mr. LOUREIRO said the original terms had hecri materially altered.
fit,
Mr. WILKINSON said they could not alter them. They had authorised the two gentlemen to make terms as they thought Mr. LOUREIRO-The shareholders have not been notified in any way by the directors. The shareholders are placed in a very secondary position. For the next five years the Trust will be getting interest on their money, and they can put the shareholders right out,
Mr. WILKINSON-We don't know that. I think they made it for twenty years; but still, there it is, and we cannot go behind it, We have authorised the agreement to be entered into and cannot
go behind it.
Mr. LOUREIRO-I am the holder of 1,900 shares, and I know Mr. Pinckney is the holder of 2,000 shares. I consider that my interests have not been safeguarded in the way they ought to have been. In the first case I should have been on equal rights with the Trust Company, and I now find that I am relegated to a secondary position by thera issuing debentures, which was never stated. It was said they would-→ ·
Mr. WILKINSON-I think we shall have an opportunity given us of taking such debentures as we want from the Trust. We understood thut from the letter wo
got from Mr. Pincknes, but, of course, we
don't know that.
directors issued a circular and marked MY LOUREIRO Unfortunately the it confidential, which delarred-us-from feel that the shareholders who wish to be ventilating our.grievances. I personally dissenting shareholders should be given
opportunity of expressing their views, Mr. WILKINSON-I say you have had an opportunity now. You are not pre- pared to second this resolution?
Mr. LOUREIRO--I am not preparod. Mr. HUMPHREYS seconded the resolu tion.
prepared
In
tion later on, as a special resolution. You will observe that one of these enables the intended liquidator to cause to be al- lotted to the Sultan of Lankat (from whor we obtained the Tocrangio estate, and who took part of the purchase price in fully paid-up shares) a number of fully paid up shares in the new Company equal to the number of fully paid-op shares in this Company which are now registered in his names 1,100 I believe The reason for this is that it has been re- presented to us, both by Mr. Pinckney and tan is likely to raise trouble unless he by his brother in Sumatra, that the Sul- receives such equal number of shares, and it would be very mistaken policy on our part if we gave him dissatisfaction. ordinary course a holder of fully paid-up shares in this Company would receive about 98 new shares for every 100 old shares, so that no really material differ ence is made to you by resolving that the Sultan, should be allotted 100 new shares for each 100 old ones. It merely means that you each receive a small fraction of a share less than you would otherwise receive, and that you probably save a The first of these resolutions, being one certain amount of trouble and delay. to wind up this Company, will necessarily require to be submitted for confirmation as a special resolution at a meeting to be held in a fortnight's time.
The others, ly need confirmation; but as they cannot, though dependent upon it, do not actual- of course, be acted upon until the first is confirmed, your directors have decided to submit the whole series for confirma-
tion at a subsequent meeting.
The -CHAIRMAN proposed the first re- wound up voluntarily and that "Mr. solution providing that the Company be Williams be appointed liquidator.....
This was seconded by Mr. WILKINSON, and carried.
The remaining four resolutions, de- pendent upon this, were also carried, and this concluded the proceedings.
HONGKONG COOLIE RECRUITING
FOR NORTH BORNEO.
North Borneo Chamber of Commerce At the desire of the Committee of the Mr. P. Breetag and Mr. J. Nimmo Wardrop had an interview with His Excellency the Officer Administering the Government, Mr. F. W. Fraser, on this. submitted the following report to the by Mr. important matter and the deputation has
Chamber of Commerce
The CHAIRMAN said-Gentlemen,--The agreement which you are asked to ratify is that which was entered into by Messrs. Gray & Pinckney in pursuance of a resolution passed by this Company on the 11th day of July last, whereby Messrs. Gray & Pinckney were authorised to enter into an agreement for the sale of the undertaking and property of this Com pany to the RP.1.T. upon such terms as they might think fit, so long as one of our shareholders approved of such terms. We were informed of the nature of the terms agreed upon, and received s letter from him in which he expressed approval as a shareholder. The agree ment itself does not fully set out such terms, but the prospectus which we have received of the new Company shows clearly that the terins stated by Mr. Pinckney to have been agreed upon, and which were set out in a circular sent by said, Mr. Pinckney was an interested Mr. LOUREIRO-Of course, as I have our secretaries to all the shareholders on party in view of the fact that he was the 24th August last, have been carried joining the board of directors. I think out in full. A copy of that prospectus the terms upon which the shareholders is laid upon the table, and may be were to part with the company should perused by any member present. In never have been order to enable the transaction to be Pinckney; in fact they should have been carried out with the promptitude which prepared by an outsider who is absolutely was necessary under the circumstances, disfinterested. It would have been the we, your directors, at the urgent request correct attitude for Mr. Pinckney to
The position now seems to be as follows, of our representatives in London, sent a adopt, and which he appears not to have viz.The Hongkong Government have Power-of-Attorney to Mr. W. P. Pinckney done in this case, becanso he prepared objections to, and will not interfere of Sumatra to enable hiza to transfer our the terms and simply submitted them; with, recruiting in Hongkong as hereto- fore. On one point, however, they ab- property there. Little therefore now as it appears now, to another shareholder. remains to be done but to ask you to who approved of them. I think that solutely insist, and that is that the coolies formally ratify the agreement, and the shareholder, before finally accepting can only be recruited for work under the acts of your directors, done in consequence them, could very easily have cabled contract known as the Young Riddell con- of the resolution you passed, and with the directors in Hongkong, advising tract, and which has been fully approved the knowledge that if they delayed them that the terms had been entirely by the Hongkong Government. The Gov- matters for purely technical reasons they altered and the shareholders would be in ernment, in Hongkong, however, will not laid themselves open to severe blame from a secondary position. I think the share-sign a man on there at all: they must holders have been neglected and in con on arrival, and the Government have all be signed on in British North Bornes. you. I have therefore now to ask that
sequence have suffered tremendously one of the members present, who is not a owing to this action of Mr. Pinckney, pledged their word that they will only be director, will propose, and another second, and I cannot possibly say that the diree signed on on the Young Riddell contract. the resolution set out in the first of the tors have yet explained to the share to take the risk of the coolies refusing to two notices you have received.
holders the reason why Mr. Gray's original. Mr. Rouse then proposed the following offer was not carried out in spite of the sign on when they arrive in British North extraordinary resolution: That the fact that I pointed out to the meeting Borneo, which, it seems reasonable to agreciment dated the 19th day of Septem that the tobacco was then in
think, they could do, with the con ber, 1912, and expressed to be made critical condition, and it was a question sequence that the whole of the recruit their behalf, between the Company of the one part, whether the Bubber Investment Trusting expenses incurred on and the Rubber Flantations Investment Company would draw out of their bar and any advance made to them, would be lost, Possibly, however, if the coolic. Trust, Limited, of the other part, for the gain, sale of the undertaking of the Company; The CHAIRMAN As a matter if fact, it recuiting firms in Hongkong wish to con- business in this direction, they and also the Power of Attorney dated the was proposed that the resolution should tinue
will be able to make such arrangements 2nd day of October, 1912, executed by the be adopted, but certain shareholders did directors, in the name of the Company, not approve of it, in favour of William Perey Pinckney, Mr. LOUREIRO-They did not agree to
men for services not rendered. enabling him to execute a transfer of the CHAIRMAN. You have said that the Company's property it Sumatra, and all directors have not explained, and that is acts properly done thereunder, be, and the same ar; hereby ratified and con firmad."
Mr. HUMPHREYS seconded.
the reason.
& very
Mr. LOUREIRO-The reason they gave for not concluding finally was that the tobacco crop proved a failure. Mr. LOUREIRO said he did not agree to The CHAIRMAN The reason was that the terms arranged by the Company, the offer was not accepted They were under the impression that the Mr. LOUREIRO-Because the tobacco
дер Rubber Investment Trust Company would had proved a failure. put up the necessary capital and receive Mr. WILKINSON No, because the offer shares in return. The arrangement which was not accepted within a reasonable
am thy Father's Spirit."Hamlet. BLACK AND WHITE WHISKY.
GARNER, QUELCH & Co.,
TELEPHONE 636.
30LE AGENTS.
QUEEN MARY and
(128
KING GEORGE
CHOCOLATES in Tins,
NEW CONSIGNMENT
WEISMANN, LTD.
VICHY
Experiments on Human Beings have proved the body building power of Bovril to be from 10 to 20 times the amount taken
Bovril
VICHY
NATURAL MINERAL WATER- FRENCH GOVERNMENT'S Springs
1056-1
NICHY
ETAT
VICHY CELESTINS
In bottles and For Kidney and Kindred troubles, bladder half bottles trouble. — Gout. - Gravel. - Arthritis.
•For Liver trouble
VICHY GRANDE-GRILLE and Billousness.
CELESTINS VICHY HOPITAL
For Indigestion. REFUSE SUBSTITUTES. MENTION NAME «SPRING REQUIRED
VICHY-ETAT PREPARATIONS VICHY-ETAT SALT Natural salt from the waters. In tins and bottles. VICHY-ETAT TABLETS 2 or 3 after meals make digestion easy. VICHY-ETAT COMPOUNDS to make your own digestive aerated water,
"SHACKELL"
*34
SEAL RED PRINTING INK
IS ABSOLUTELY THE BRIGHTEST RED ON TUE MARKET. SAMPLE ORATIS
Et in on on the Tous & Lad del cont het, SHACKELL EDWARDS
what they will be prepared to take the risk of this. This might be done by their sending their recruiting foremen down on the steamer with the coolies.
Another important matter perhaps not fully understood is that under this new contract not one cent is recoverable, all the recruiting expenses in Hongkong, and the advances made to the coolie there, really resolving itself into the expense of If this is so, and recruiting the coolie.
& CO., LTD.
PRINTING INK MAKERS. ESTABLISHED 1786.
HEAD OFFICE, BED LION PASEAGE, FLEET STREET, LONDON, E,C.
arrival here, it might be possible for them so to arrange things that the coolie only gets $10 or $15 in Hongkong, and the rest of their usual advance, $30 or $25, could be given them on arrival here, in which latter case the money would become re- coverable. To make the matter quite clear any advances or expenses made in Hongkong are absolutely unrecoverable, but advances made on the arrival of the coolies in this country are recoverable. the coolies will not sign on in Hongkong It would appear now, therefore, that the without the advance they have been ac only thing remaining is for the planters customed to, this simply means that the to approach the Hongkong recruiting price of the coolie becomes absolutely pro-firms with a view to seeing what can be firms Hongkong do not care about the expenses down, by reducing the ad. The resolution was then put and carried business, recruiting from Hongkong may vances made in Hongkong; and secondly be effectively stopped on the other hand, in arranging for the risk to be covered with but one dissentient,
The CHAIEMAN-I have now, gentlemen, if they want to continue to do business during the time the men are in transit, to put to you the resolutions set out in here and it is a business known to be until they are actually signed on here. the second of the two netices you have handsomely remuncrative, perhaps they The Governor is very clear on one received, which I will myself propose as will bestir themselves to see how the diff point, and that is that it would be gora extraordinary resolutions, and the first culty can be got over, viz. Instead of that useless to think of trying to get the at any rate of which will need confirma- giving the coolie an advance of $30, the new Hongkong contract altered: If any
3 cash on board the steamer, and 87 on thing in this line be attempted the Gov-
ernment in Hongkong will not unlikely be so sick of the whole business that they e will absolutely decline to have anything to do with the coolie business in any shape or form. It has to be remembered that they have no interest in this matter whatever as things are they simply say
"Yes, you can go on recruiting, but we want to know nothing about it except that the bien are secured to work under the contract that we have stamped with our approval, the so-called
Young- Riddell contract,
they had made now war that they had time. It would not have paid us to gohibitivo: of course, if the coolie braking done, firefly-in getting the non-recover PRINTING mortgaged the whole of their property to to law. the Rubber Investment Trust Company, against which they provided- terms before us. The Company authorised Mr. Pinckney to negotiate and settle any agreement he thought fit. If you remem WEST COAPE AND AFTER DEG ALLERLINE PACKETS. 475 ber, this agreement was approved both by
CURESCURONID WEAKNESSES, DRAINS, LASTVIGO, &c. BOLDBYLEADING CHEMSH. PRICE IN ENGLAND, 18.
ADDRESS ENVELOPER..
TE 10DE TO-DE, LE CLARO MED.CO. A CURE I “IKYNEW DRAŬKE (TASTELESS) PORNOF-WAS TO"TAKE →→→
THERAPION
SAFE AND
LASTING CURE,
RE THAT TRADE MARKED WORD * THERAPION* N ON
INSIST ON HAYING THERAPION.
Mr. WILKINSON We have had these
Nothing crestes such a good impression in business as the use of First Class Printing. The difference in eest between good and bad .......... printing and material in generally all.
THE HONGKONG "DAILY PRESS PRINTING WORKS turn the Best Printing at easonable Prico