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COMPANY REPORTS. HUMPHREYS ESTATE & FINANCE) COMPANY, LTD.
COMPANY MEETINGS. UNION WATERBOAT CO., LTD. - The gota annual general meeting of
The report of the Directors for the the shareholders in the Union Waters boat Company, Limited, was hell yesteryear ended December 31st, 10%), states: day morning at the offices of Messrs. Dodwell and Co., Ltd.
+
Gentlemen,-The Directors now beg to submit to you their report and stateenus The Secretary read the notice conven-of accounts for the year ended Deceller ing the meeting.
The Chairman (Mr. T. G. WALL) said: The Report and Accounts having been in your hands for some days, I will, with your permission, take them as read. The profit on. 1824 working after writing off depreciation and bad debts and includ ing balance brought forward from pre- vious account, amounts to $70,199.02 which the Consulting Committee recém- mend bc. appropriate as follows:- Transfer to Special Repairs
Fund for Pipes and Staging... $ 5,000.00 10,000,00 Transfer to Insurance Fund... Transfer to Superannuation
10.000.00 Fund
Pay a Dividend of $1.95 per share on $7,793 shares absorb-
34.65175 ing ... Carry forward to new Account 10.5-13.97
$70,190.00
The Superintendent's Report shows the Fleet to be in good condition. Owing to
31st, 1924.
The net profit for that period.
after deducting Directors' and General Managers' re muneration and including $158,29.33 brought forward from last account, amounts
to
Which the Directors reconi mend should be appropriated as follows:-
Pay a dividind of 80 cents
per share...... Pay a bonus of 40 cents per
share Transfer to reserve fund..... Transfer to typhoon floods
insurance fund Carry forward to new"proft
and loss acCQUEL
$320,837.93
MEDICAL DELEGATES. ENTERTAINED IN CANTON. RECEPTION AT KUNG YEE
MEDICAL SCHOOL
A party of over eighty foreign and ninėse delegates to the joint conference the China Medical Missionary Associa- and the British Medical Association: left Hongkong last Wednesday for an ex- visit to the cursion to Canton and medical establishments in the commercial. enpital and the most interesting city of South China.
On their arrival at Cauton on Thurs. day "torning' they were met by repre- sentatives of the foenl medical bodies and were conducted in sedan chairs through the maze of Carton's fascinating streets to the Hackett Medical College for Wound where they were shown round the college as well as the Turner Train- ing School for Nurses and the David Gregg Hospital for Women and Children. From there the delegates' were taken to the Canton Hospital which has the re 30.000.00 putation of being the oldest hospital in China. The hospital is now minintained 6,977.99 mostly as a celic of its noble past and it
190,000.00
20,000.00
Directors-During the year the Hon.
TAKE A PEG day in coating the new basin under air. A. O. Lang resigned on leaving the sity Medical School and entertained to.
OF
JOHN BEGG
BLUE CAP
AND
GOLD CAP
DONNELLY
pairs will be necessary to your Pipe lices at Laichikok which you will remember were temporarily repaired after the 19
for the appro- typhoon: This recommended. priation of $5,000-
The Chairman told you at the last meet. ing that we contemplated building a new boat. This is now nearing completion and should be in commission in March, and the addition to our Fleet will facilitate the regular docking and repairs which have been very difficult to arrange in the past year.
gave the visitors, a gonil idea of how the 83,575.04 old physicians had to work in the early days of the introduction of western medi- $320,837.cine into Chinn
received bv. At noon the delegates were the authorities of the Kung Yen Univer- lunch. After lanch Dr Lee Shu Faa. In accordance with President of the Institution, gave a most Colony, bis place being taken by Mr. C. Gordon Mackie. Clause 8c of the Company's Articles of interesting talk on the history and shen- Association, Mr. J. Scott Harston, Mr. omenal development of the Kung Yee L Pattenden, the very Rev. Father Medical School which was started shout manner by a body of public-minded Chi- Robert. Mr. J. M. Alves and Mr. fifteen years ago in a very unpretentious. Gordon Mackie retire, but being eligible, nese. The school now occupies a vali aisle site in the city with a large campus offer themselves for re-election.
Auditors-The accounts have been embracing a group of fine buildings, in- audited by Mr. H. Forey Smith, F.C.Acluding, medical school, hospital, labora- and Messrs. Linstead. & Davis Mr. Ftories and staff quarters. The school now Percy Smith, F.C.A.. and Messrs. Lin- stands out as the leading and most pro- stead & Davia offer themselves for re-mising medical institution in Canton
The valuation of the entire plant is election.
quoted at over a million dollars, yearly expenditure of the school and hos pitals for the past year was over $100,000, but the hospitals have not only been self supporting but have been able to turn over a substantial balance to the school each year.
D. E. CLARK,
Hongkong, Janetry ud, 1925.
1)
Chairman.
HONGKONG & KOWLOON WHARF & GODOWN CO., LTD.
In explanation of the amount trans- ferred to Insurance Fund, I would say that the Fleet, waich is now getting bld. cannot be insured for replacement value which is in the neighbourhood of $500,000. Your Insurance Fund which now stands at $44,000 therefore needs further build- ing up. We have also considered it wisc to start a Superannuation Fund to pro- vide for the time when it will be neces- sary in some way. to compensate your Staff after many years of faithful service
You may consider the policy of your Consulting Committee to be too conserva- tive, but I would warn you that many of SOLE AGENTS your bonts are twenty years old and will 12,600.83 available for appropriation, need to he gradually replaced. Although The Directors will at the approaching very well written mesthig of shareholders recommend the their book value is
following distribution :-. down, we must conserve our resources to
Pay a dividend of $60 per meet the cost of rebuilding. Before pro- posing the adoption of the Report and Accounts I shall be pleased to answer to the best of ability any questions that may be asked.
WHYTE,
TIL 836.
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There were no questions, and the CHAIR- MAN proposed the adoption of the report and accounts.
Mr. L. S. GREENHILL seconded, and the report, and hunts were unanimously adopted.
Mr. W. HARDWICK proposed the con- firnution of the appointment to the Con- salting Committee of Mr. C. G. S. Mackie in the place of Mr. A. O. Lang (resigned). Mr. VAN EPs seconded and the proposal was carried unanimously.
SCALE OF PEER LOW.
The
.
LOCAL SPORT.
FOOTBALL.
The following games are down for decision today-
JUNIOR AMITED.
First Round. Kick-off 4.2.30 pm.
East Surreys Reserves e. St. Joseph's, Sookunpoo ground. Referee: Mr Pernon.
KONGKONG LEAQUE Division 1.
Kick-off at p.m.
H.M.S. Tamur
Navy "A
F. Smith.
Hongkong. Police, ground. Referee: Mr.
Kowloon . South China "A" Kow- loon FC ground. Referee: Mr. Smith, R.A.
South China Br. East Surrey Regt., Sookunpon ground. Referee :- Mr. Pernon.
Division II.
Kick-off at 2.30 p.m. Hongkong Club Reserves e South China A. H.K.F.C. ground, Club de Recreio "A" "Sacred Heart,' Navy "A" ground. Referee: Mr. F. Smith,
Kowloon Reserves r. St. Joseph's " B." Kowloon ground. Referee: Mr. Smith, R.A.
University. East Surreys Drums, St. Beferee: Mr. Joseph's ground. Monlett.
UNITED SERVICES COMPETITION. Kick-off at 2.30 p..
H..S Despatch Reserves
2. B.A.
Reserves, Navy B ground. R feree: Mr. Austin,
The Hongkong . ILA match will not
be played.
Playing at Kowloon in the first round of the Junior Shield, Kowloon Reserves beat the Moslem Club by a goal to wiLi to level up from a penalty kick. Cavielle scored and the Monteng failed.
The
The East Surreys Reserves are due out on the Garrison ground against St. Joseph's in the Junior Shield. military team should reverse the resula of the league game between these teama when the St. Joseph's won by four The Kung Yee School aims at provid-goals to oue, The balance at proft and loss account
Kowloon are at home to South China on the Railway ground. Both teams for the year ended December 31st, 1924, ing high grade medical education '12
which together with South China, using the Cantorese dialectA is $1,021.878.63, $290,919.20 brought forward from the as the medium of instruction and having will have some of their regular players
makes I total
of as one of its primary objects the training away, but a good game should be seen “ previous year,
of efficient medical men and women for ending in a win for South China. ton and other parts of China. The fees the practice of western medicine in an charged are low, being only $10 a year for tuition, but for every dollar the stud
share
... $450,000.00 ant spends, the Kung Yee spends four. The commendable feature of this Chinese Pay bonus of $5 per
-100,000.00 medical school is that in its endeavour sharo
to provide its students with the best Transfer to equalisation of
dividend fund..... 100,000.00 medical education available it has enlist ed the services of the best known teach-
The junior games should end in favour Carry forward to new ac-
332,095.83 ers in Canton irrespective of nationality of Howloon, Eust Surreys Drums, Cial count
and being a non-sectarian institution it de Recreio à" and South China "Ä” $1,312,695.83 maintains absolute freedom of religious respectively..
TYPHOID IN MANCHURIA. SUCCESS OF NATIVE-MADE VACCINE.
3. O. Racine proposed and 31r. A. 8. D. COUSLAND seconded that Messrs. Lin- stead and Davies he re-elected as audi-issue of January 13th, states:—” tors, and this was curried unanimously.
D. Cousland.
RURAL LAND INVESTMENT CO.,
year.
beliefs.
The Tanund the Police are due to
play their return league game on the Happy Valley ground, and on present form the Police should win.
meet the East South China "B" Surrey on the Seckunpoo ground, and the military team should do better than they did in the first game when they beat South China by four goals to love.
NAVY. ARMY.
Dr. Lim Boon Kegg. President of the KOWLOON F.C. ¿. SOUTH CHÍNA “A” Amoy University, who was among the
The following "have been selected to delegates present made a short address thanking Dr. Lee for his kind hospitality, play for the Kowloon Football Club in He made the significant remark that if their 1st division League fixture . tha: western medicine were to make any head-South China A," on the "Kowloon way in China and leave its bene ground to-day, the 31st inst. Kick-off feini impressions on the people, it musta 4 p.m. sharp-A. Duncan; F The Manchuria Daily News in its be taught in institutions like the Kuns Wheeler and F. Read A. W. Turner, C. According to an obicial of the S.M.R.Yee, which is conducted by the Chinese Caveille and B. Pascu, F. Cleme, A.
the Chinese language. He expressed C. Hayes. Reserse: B. Vickars. Those present were: Mr. T. G. Weal! Cc. Sanitation Otice, typhoid fever raged and where the medium of instruction need Latham, J. McBride, S. Randle and S. (Chairman), Mr. W. Adanison, Mr. C. G. along the S.M.B. nes last autumn the hope that the institution would be S. Mackie and Mr. Y. Yamamoto (Con though for a time. It ran rife worst at able to play a leading part in the future sulting Committee) and the following Anshan where a building used as bache of western medicine in China. Dr. Gros
Owing to the withdrawal of the Army abareholders: Messrs. W. Hardwick, lors quarters produced 10 cases in all vener, Vice-President of the China Medi- Ribeiro, G. R. Edwards, L. S. Greenhill. The total number of cases up to Decem-cal Missionary Association, also thanked and Navy from the Lai Wah Cup Com- W. E. Van Eps. Y. Tsutsumi and A. S.ber from April last your was twice as the Kung Yet on behalf of the members petition, a Charity Football match, in aid of the Naval and Military charities, large as in the whole of the preceding of his association.
After lunch the visitors were conducted between the Army and Navy, will be The Chinese Ben comparatively im through the attractive group of new played on the 31st inst, at Sookunpoo. mune from typhoid. Most of them are hospital and medical school buildings Kick-off at 3.43 p.m. The following late LIMITED.
infected therewith when young, and get within the Kung Yee campus. In the been selected to play for the Army- The statutory meeting of the Rural off rather lightly, many of them without afternoon the delegates were taken to Stanton; Doody anil Jordan; Petter, Humberstone, Butler Land Investment Company, Limited, was calling in professional aid As one gets the Canton Christian College where a Mitchell and Bristowe; Charlesworth
(capt.), Eaton,
Reserves: Caveille, held yesterday morning at the Asiatic older, one seems to become immune by tea party was given, after which the party'
returned to Kung Yee where they were and Mackleworth, Building, under the chairmanship of Mr. degrees.
ins the habit of entertained to dinner by the President, Turner and Harris. The Japanese are Fred Ellis.
uncocked vegetables, Dr. Lee, and put up in the School dormi- The CHAIRMAN said: This is the Statu- taking tory Meeting of this Company, held a fraits, and fish, specially, tai" sole, tory for the night. order to comply with the provisions of and bonito. All these coming through the Hongkong Companies Ordinance the Chinese hands, aro too often infected 1911. The report having been in your with the bacilli, which are apt to find hands for the required period, I will, with their way into the system unawares
From past experience, the local typhoid your permission. take it as rend.
I would like to point out to you that seems to be of more malignant character your Company has been launched to than what appears in Japan. It may develop certain suburban properties that be that an epidemic transmitted from a it haa acquired, by building upon them person of a different race is inclined to commodious and up-to-date European be more malignant.
noise of the City.
PROPERTIES AND THEIR DEVELOPMENT.
raw
or
Yesterday was derated to sight-seeing and shopping in Canton, and the delegates are returning to Hongkong in time to catch the Ka President Lanentu, which sails to-day for Shanghai.
HOCKEY NOTES.
"SHORT CORNELL.''{
[AX
RUGBY.
A match will be played at Happy Valley to-day between two teams com prised of Club, members. With the ad- vent of rain. enthusiasm of playing members has revived, and it is expected that two useful" fifteens will turn out. In view of the fact that the Club meet the Navy on February 7th in the first of the Cup matches, the selection com-
LEAGUE CRICKET.
Foster,
Burns,
Bats. Your directors feel that there is a The S.M.R. Co. has been vaccinating
A very enjoyable holiday game was mittee should find the match helpful in want for this type of houses, as there people with vaccine obtained in Japan.
Colours-Prowse: Easterbrook, Ste. must be a lot of people in this Colony An opinion is abroad, that the cative played on the Marina ground on Mouchoosing a Club XV. Tos as follows: who would prefer to retire to a home in typhoid may be combated more effectively day afternoon when the H.K.H.C. No wart, Banner, Barns, Cox and Summers; descripta "beat the "Naval Nomads " Forsyth, Focken, Beveridge, Garrod, the suburbs after the day's toil is over, with vaccine made locally- where living and atmospherical condi
Acting on this theory, native-made by three goals to one. It is not often
Whites-Gauler; Skinner, tions are healthier, away from the dis and vaccine has been employed for the Arst that hockey can be played here under Lyon, Davies, Russell and Johnson
time this season with perfect results, really cold weather conditions, but there Neil and Summerfield Milne and From the report you will observe that none of the vaccinated having been known was a nip in the air on Monday which Morrison; Jardain, Cleland,
Moncrieff, Mackintosh, Jones, Murphy the number of shares allotted is 32509 to be infected. In fact, one or two added to the liveliness of the game. I These shares are all fally paid up. cases appeared while the patients were imagino that one or two of the Navy side and K. Robertson,
in course of vaccination, but, the in found the surface of the Marina ground R.BL No. 73. situated at the Peak, muning effect of the operation is to begin somewhat unusual; at all events it came as something of a surprise that, the Club comprises an area of a little over aa fortnight after the vaccination. A
The Native made vaccine is to be applied defence were successful in keeping the acre. On this property 24 flats are in course of construction. R.B.L. Nos. 230, more extensively, say, in June and July score against them down to one. 231, 232 and 243—The joint total area of next, prior to the customary period of game clearly demonstrated two thing these lots, situated along Pokfulum Road,prevalence. represents over 300,000 square feet, and plans of the fats we propose building are now in preparation. Inland: Lot No. 2447.This lot is situated along Stubbs Rond, and has an area of approximately 30,000 square feet. We propose to build on this lat 8 Bate with tennis courts.
The CHAIRMAN proposed that the ac
We learn that a satisfactory reply was necessitated postponement of the "Shield" counts and report be adopted. Mr. I. A received restceday from the Secretary of game between the Navy and the Club defence.. Dand has already played right. and it seems certain that the postponed back against a Naval side (the Buh TOBIAS seconded, and the proposal was State for the Colonies to the cable, re- *carried."
Those present at the meeting were:cently despatched by the Hongkong Gov date, not yet finally determined upon, marine Flotilla) and though out of prac Mr. Fred Ellis (Chairman), Mr. G. Kernment stating the conditions under will find the Club without the services tics, performed more than creditably in Hall Brutton, Mr. Felix M. Ellis and Mr which participation by Hongkong in the of Owen Hughes. They are not wanting an unaccustomed position.. Martin, Helt substitution in the defence in an expert seem to find any difficulty in change Leung Yan Po (Directors), Mr. H. Stret British Empire Exhibition in 1996 world in serve strength, however, and although and Mitchell are all players who do not ton Hill (Secretary) and the following be possible. An immediate beginning ment. which Captains like to avoid where of positions, and Sim is a sound de sharehokiers: Mears, E. el Arcalli, Fred has therefore been made with the neces Judah, S. Joseph. Lis A. Tobiai, C. Mary arrangements to ensure that the possible no doubt Mitchell is not andaly fender; so that the Club may be expected
(Continued at foot of next Columa.) Young, How Fang and Miss L. M. Hongkong Section shall again be an out anxious about the penultimate line of to appear on the field in none too pœɛră.
standing success at the Exhibition,
FAT CO.
Souza
THE EMPIRE EXHIBITION.
HONGKONG'S CONDITIONS
ACCEPTED.
H.K.C.C
K.C.G. "A." The following have been seigeted to re- the strength of Navy hockey material present. the K.C.C."A"? team against this season and the loss which will be the H.R.C.C. "A" eleven on the Hong- sustained by local hockey when Captains kong ground to-day at 2 p.m.-B. Newton-King
Heyes Newington Petherain, O. B. Raven, J. H. Hendle (both of whom played for the NOLA. IL Duncan, A. J. Kew, E. G. Ren Jescripts" on Monday) leave the Colony ton, W. F. G, Gorvin, E. J. Edwards, with their regiment in March,
J. B. Cox, J), B. Green and J. C. Long The heavy downpour on Wednesday
and
mistic a mood.
1