Page
"DECOLITE
THE HONGKONG DAILY PRESS, SATURDAY, NOVEMBER 2975, 1924
FIRE-RESISTING FLOORING
(Awarded Gold Medal Frasco-British Exhibition.)
JOINTLESS. HYGIENIO & NON-SLIPPING
Laid by Our Own Wärkmen oa
STEEL WOOD OR CONCRETE.
#
THE UNITED ASBESTOS ORIENTAL AGENCY, LTD.
T1l. Contral 238..
BIRST NATIONAL PICTURES
2, Queen's Buildinga.
QUEEN'S
FIRST NATIONAL PICTURES,
THURSDAY to SUNDAY, Nov. 27th to 30th,
at 2.30, 5.15, 7.18 & 9.15 p.m.
}}
FIRST NATIONAL PICTURES
PRESENT
LEWIS STONE
IN
"THE GOLDEN SNARE"
From the Famous Novel by James Oliver Curwood.
"
BUSTER KEATON
IN
THE PLAY HOUSE
Another of His Funny Comedies in 2 pts.
PRICES OF ADMISSION:
"
At 5.15 p.m.-80 Cts., 50 Cts. and 30 Cts. At 9.15 p.m.-$1.20, 80 Cts, and 40 Cts.
FIRST NATIONAL FICTURES
QUEEN'S
OUR POOR DAY
MONDAY, 1st DECEMBER.
ANNUAL
STREET SALE OF ROSES
IN AID OF THE Fexes or
FIRST NATIONAL PICTURES
SOCIETY OF ST. VINCENT OF PAUL for the Poor of Hongkong.
GET THE CHRISTMAS SPIRIT AND GIVE FOR THE PLEASURE OF GIVING.
BE GENEROUS FOR THE SAKE OF HONGKONG'S POOR.
One copper
for 18 hours light!
Consider what you save in this way!
PHILIPS
[1544
SAVELITELAMPS
Obtairable at all Electrical Stores. For Wholesale apply to Sole Agents
HOLLAND-CHINA TRADING COMPANY.
BIG BUSINESS COMBINE, UNIONS AND YANGTSZE
INSURANCE. "
We are informed that an agreement between the Union Insurance Society of Canton and the Yangtze, Insurance Association has been entered into for the amalgamation of their working interests and only requires ratification by the shareholders. "The substance uf the agreement is as follows:
(1). The Society undertakes to issue and allot part of its unissued expital (ie., shares of the nominal value of Elo each) credited as "fully paid-up to the extent at Es per share to Shareholders in the Association in exchange for their shares on the basis of one share in the Society for every six shares in the Association.
() As regards odd shares (nor amounting in number to six) the share- holders of the Association may retain thea if they wish. The Society, will, however, purchase any odd shares at the current market price unless it con siders that such price is unduly inflated. (3) The scheme is contingent upon. the shareholders of the Association heing agreeable to transier to the Society a aubstantial majority, satis factory to the Society, of the shares of the Association;
(4) The Agreement will be inopera- tive unless it is approved by meetings of each Company, and the Association. proposes to circularize its shareholders to obtain an expression of apinion from them.
*
||
Preliminary circulars to this effect were posted to the respective shareholders of each company last night
This unnouncement will no doubt be read with great interest by the public generally and we feel sure that the scheme will commend itself to the shareholders of both companies and receive their full support.
HONGKONG SHARE 'MARKET.
CONTRACTS IN RESTRAINT OF TRADE.
INTERESTING CASE AT
SINGAPORE.
Hope or Curiosity
14
I think sometimes the word
curiosity " is just another name for "hope." You might fancy that it was curiosity that made you smoke your first Kensitas-no, sir, it was really hope, the hope that you would find Kensitas a really good cigarette, better than the kind you had been smoking.
But it is a fact, sit, that after you smoked that first Kensitas and experienced the cool, rare old blend of prime Virginia you continued to smoke Kensitas, because you found that Kensitas are
"us good as really good cigarettes can be."
Kensitas
A decision of the Chief Justice of the Straits Settlements (Sir Walter Shaw) in a case-in which Mr. P. M."Framroz, proprietor of the Framroz aerated water factory, sued for an injunction to prevent Mr. N. Mistri, his former manager, from infringing a clause in the service agree ment, and in which His Lordship gave judgment for Mr. Mistri, came up last week before the Singapore Court of Since our last Report of the 21st inst., Appeal, consisting of Mr. Justice White- the November Settlement Bas been satisey (presiding), Mr. Justice Barrett. factorily negotiated. The past week bas Leonard and Mr. Justice Action, Mr. V. shown more activity, and a fair volume D. Knowles appeared for the appellant of basiness has been transacted at im- and Mr. G. S. Carver for the respondent. proving rates.
Messrs. Benjamin and Potts, in their weekly share report, say:
There has been a little more business done with the North, and Shanghai Docks particularly have been in good demand at echanced prices.
Banks-Hongkong and Shanghai Banks ruled steady throughout the week and are enquired for at 81,170, after sales at
$1,175.
Marine and Fire Insurances.-A strong demand for Yaagtszes has raised in price to 845, but the market has since eased off to 838. Unions after changing hands nt 202 have jumped to $70. There are buyers of Hongkong Fires at $665, Cantons at 8730 and China Fires at $180.
Shipping." Star " Ferries have nd- vanced to 11. Hongkong, Canton and Macao Steamboats have also weakened and were sold at $341, but shew a slight recovery at the close with bayers offering 6 Union Waterboats have firmed up to $18. Douglas Steamships are obtain able at $39. Deferred Indo-Chinas $11 are unaltered from last week.
18.
at
The appeal was based on the grounds. that the Chief Justice was wrong in in the appellant's business which required finding that there were no trade secrete to be protected, that respondent acquir be could have acquired in any properly છો no special knowledge other than what conducted business of the same character,
Manufacturers:
the preferred cigarette
1. WIX & SONS LTD 17456 PICCADILLY LONDON W.1 ENG Wholesale only! DONNELLY & WHYTE. Distributers for Hangkwg and South Chile, 2 QUEEN'S BUILDINGS Telephone: Central 134
16
..
Jenkyn
Odra 'nable at " Lane,Crawford,
Ltd.." Tabaqueria Filipina, Granca. Egyptia
•Tobacco Stora.
awi, aŭ high-ciazy TobaccanaN,
Ar 95 cents
per tin of 50
THE 41st ANNUAL
'AL FRESCO FETE"
OF THE
SOCIETY OF ST. VINCENT DE PAUL
FILL BE HELD
In the Compound of the CATHOLIC CATHEDRAL
ON
SUNDAY, 7th DECEMBER, 1924,
FROM 830 TO 11.30 P.M.
UNDER THE DISTINGUISHED PATRONACE OF "
THE GOVERNOR.
BIS EXCELLENCY
ADMISSION
+
$1.
Soldiers and Sailors in Uniform Admitted Half Price.
Each Ticket of Admission entitles the Holder to a Souvenir.
In the Afternoon from 2.30 p.m. to 6.30 p.m. Several Stalls
that he did not exquire any special per will be Open and AMUSEMENTS specially for Children will be
sons relationship with the customers of
the business; in placing the onus of proof provided. TEA and REFRESHMENTS will be obtainable. Admis plaintiff in the action; and in holding that of reasonableness of the agreement on the sion Free. the restriction was not reasonable in re- ference to the interests of the parties con- cerned and of the public.
38
A
VOID CONTRACT,
Mr. V. D. Knowles, in opening the ap peal, stressed the importance of the cus. stating that as the judgment stood it had to some extent altered what had been in Singapore the trend of cases for many years previously. In England there and been a gradual tendency to alter the law with regard to the relations between employer and employee in cases where Refoeries.-Nothing has transpired and there were restrictive covenants The the market closes unchanged at $95 and question arose here and he was sure the $41 for China Sugars and Malabons e
Court would appreciate its exceeding im spectively.
portance ao to what extent that should Oils and Mining--Langkats (combined) be applicable in Singapore. He put it after having dropped to T 17 Bavethe particular circumstances of this case, a question. of principle rather than on recovered to a buying quotation of Tla principle which, no doubt, would have "Shells "" are asked for at-Sh. considerable effect in years to come, bo- The usual Interim dividend of 2/- per cause there were numerous service agres share, free of Income Tax, has been dements here which contained these restric clared, and is payable on the 8th January tive clauses, and if some portion of the next (Coupon No. 44). Benguets enquired for, at $2.80,
are judgment held it would have the effect of conditions absolutely nagatory. "Electric Companies.Hongkong Elec tries were booked in the beginning of the concede that a
Counsel said be' was quite willing to week at 8121, but have since eased to trade, as this was, was prima facie void, contract in restraint of $49) Hongkong Tramways have been but it was only void prima facie, and the medium of a large business and a circumstances of situation, occupation, sharp rise occurred, advancing the price and business might at once repel the as $50. This price did not hold, how-sumption of the voidness of the contract. ever, and $49 is the closing buying rate. China Lights (combined) dropped to a but have since hardened and there are buyers now at 8941.
Counsel, in the course of his argument, sad that Mr. Framroz was the last man to admit that Mr. Mistri had not been an "efficient manager but the very fact of his position as such had given him a thorough knowledge of the business and access to its customers.
Docks, Wharves and Godoras-Hong kong and Whampoa Docks are lower with sales made down to $151, Hongkong and Kowloon Wharves after touching 8906, Mr. GS. Carter, for the respondent, have recovered and can be placed at $206. was not called upon to reply. Shanghai Docks have spurted to Tis. 101. Mr. Justice Whitley, delivering judg New Engineerings closed higher at Tis, meat, said that the defendnat catered 6.85, Hongkew Wharves continue into the contract in 1913 to serve the demand at Tla. 195.
Lands, Hotels and Buildings-Hong kong Lands have been ruling ärmer with sales made up to $108. "Old" Hotels are enquired for at $181 and the new shares have been put through at 816 Humphreys Estates have receded to 822 Realtics are wanted at 1 and Prince's Buildings at $150. Territorials are to be
plaintiff as manager for a period of ten years From the eighth clause of the agreement is would appear that the de- to be employed under the agreement fendant for five years after he ceased should not carry on a similar business in Singapore or in any other place in which the plaintiff might at that time be carrying on basitess. The defendant ocased to be employed under the agree Cotton Mills.-Ewe Mills have been timated to the plaintiffs what his inten- ment as from April 30th: 1994, but in- dealt in to a fair extent at Tla, 11.40/11.60 tions were, and the plaintiff thereupon and equivalent rates forward. Shanghai Cottons (old) could be placed at Tis. 573.5ught to obtain an injunction to res-
had at 84.20.
train bira.
THE JUDGMENT.
the new nt Tls. 28, and Orientals at Tis, 4. Miscellaneous, - Dairy Farma have
His Lordship, in, the course of his judg changed hands at 247 and continue in ment, held that there was nothing in the request, Green Island Cements (old) are nature of the treatment of the aerated wanted at $172, the new st $5.60 and the water used which differed from the ordi- combined at 84. China Providents (old)
are a shade easier and are enquired for nary ingredients employed by other acr
ted water manufacturers. There was at $161, while the new shares have firmed nothing special in respect of the opera up to $61. There are buyers of Constructions employed. Therefore on that point tions at 87, Mackintoshes at $22), and be held that there were nothing in the Peak Trans (new) at 8114 Lane, Craw-nature of trade secrets. fords at $10, Wm. Powcils at $15 and Developments at 90 cents are offering at quotations. Hongkong Ropes (combined) at $60 continue neglected."
Exchange.-The T.T. selling rate on London to-day is 2/4 and on Shanghai 721.
Forward Settlement Days December 23rd (Tuesday); January 20th (Tuesday); February 24th (Tuesday) and March 24th (Tuesday).
་
The Grounds will be Brilliantly Illuminated in the Evening. The Band of the East Surreys will play both in the Afternoon and in the Evening.
FJ
SOME FEATURES OF THE, FETE: TOY BAZAAR, TEA ROOM, BEFRESE MENT ROOM, LUCKY WHEEL, SUPRISE CAKE, SHOOTING GALLERY, PICTURE GALLERY, CHRISTMAS TREE, C., ETC.
8,000 TOYS Specially Imported from Europe.
SEVERAL RAFFLES WITH VALUABLE PRIZES Including A NEW 1925 BUICK LIGHT SIX 5-SEATER Touring Car WITH BALLOON TYRES.
No Work of Charity is Foreign to the Society. COME AND HELP HONGKONG'S POOR.
WORLD THEATRE. LAST CHANCE TO SEE,
THE INCOMPARABLE
DIANA KARENNE
"THE MARTYR QUEEN"
THE DOMINATING PERSONALITY & DRAMATIC GENIUS OF THIS BEAUTIFUL ACTRESS MAKES THIS SCREEN MASTERPIECE A PRODUCTION OF UNUSUAL INTEREST AND ATTRAUTION,
FINAL SHOWS TO-DAY, 5.15 & 9.15
Commencing TO-MORROW
THE WELL-KNOWN STAR
NORMA TALMADGE
IN
THE NEW MOON
AN INTENSELY DRAMATIC STORY DEALING WITH THE EXPERIENCE OF A DEMOCRATIC RUSSIAN PRINCESS UNDER THE BOLSHEVIST EEGIME
USUAL PRICES....
D
REMEMBER THE DATE. TO-DAY & TO-MORROW, 230 & 7.15 THE KING OF SERIALS EDDIE POLO
D
"SECRET FOUR
Begarding the question of customers that had been raised, there was nothing to show that the defendant obtained any infinence over the customers during his Co., Ltd, yesterday afternoon, the follow At a meeting of the General Exchange tenure as manager of the business.
final conclusion come to by Hising resolution, passed at previous meet Lordship was that the appeal should be ings, submitted and confirmed: dismissed with costs.
"That the Company be wound up yalan- tarily, that Mr. Li Po Lang be appointed Liquidator for the purpose of auch wind- ing up and that Mr. Li Tung be appointed Aam "auditor.!!!
Mr. Justice Barrett-Lenpard and Mr. Justice Action agreed with Mr. Justice Whiteley, and the appeal was, therefore. dismissed with costs.
(Eps. 7 & 8.)
THE_NEW CURIOSE. REMEDY.
THERAPION NË 1 THERAPION NⱭ2 *IERAPION N3
CANAL FIS RESINAS UZA NEN YUAN COTE CAM JOLET WYBURZ KAI FRANJIVAA