'Tricoline
"1
Shirts
THE EQUAL TO SILK - BUT WEAR BETTER White or Plain colours in newest shades with soft Collars to match.
THE HONG KONG DAILY PRESS, WEDNESDAY, JUNE 1st, 1927.
Mackintosh
MEN'S WEAR SPECIALISTS
ALEXANDRA BUILDING.
& Co.Ltd
DES VOEUX ROAD
DAIRY FARM NEWS.
NOW AVAILABLE
DUNSTYLE CHEESE
(Farm Made)
FLAVOUR AND QUALITY UNRIVALLED
80 Cents per lb.
THE DAIRY FARM, ICE & COLD STORAGE CO., LTD.
Buy your table delicacies at
THE FRENCH STORE
Where
you will find a large variety of most
reasonable prices.
(Fresh Stocks arrive by every mail.)
8 & 9, BEACONSFIELD ARCADE.
TEL. C. 791.
{A.PR]
WHITEAWAYS
NIESO Safety
"Nieso" Safety Razor The enormOUS Blades. demand for this make of blade speaks for itself and we would ask every cus- tomer who has not given RAZOR BLADE these bludes a trial to do
·ONE OF WHITEAWAY'S STANDARD VALUES QUIK-STROP.
Buy a Quik-strop Strop- per and save constant ex- pense of buying new Blades. A perfect edge producer, it sharpens two edges at once, reverses itself and strops the other side, only 30 seconds and all the edgos are sharp- ened,
$3.95
so and they fit every Pat- tern Gillette Type Razor.
They cost only
65 cents
Packet of 12 Blades
QUIK-STROP
ONE OF WADZEMNİNTS SPLAZVARD UML CARS
TWO OF OUR STANDARD VALUES.
TWO COMPANY MEETINGS.
GOOD BUSINESS DONE.
HONG KONG EXCAVATION, PILE DRIVING & CON. STRUCTION CO., LTD.
10 PER CENT. AND $76,680]
CARRIED FORWARD.
The sixth annual el n of the Hot New Excavation, Pile Thiving and Comdration Co, Ltd. was held yesterday at Powell's! Building. Mr. B. Montague Ede presided, supported by Mr. Charles L. Shunk, Hon. Mr. R. H. Kotewall, M.G., Mr. Carl. B. Shares, Mr. Chan Yu- Teng, Mr. Li Yau Tsune] and Mr. Chur Pak Chuen,
The Chiarma, proposing the ahsption of the report and acroats,
the work is completed, the Archi- | A YEAR OF RENOVA-
teets are more than ever convinced that they made the portert sele thon of piling for this exception.lly heavy structure, theulentally, the total cost of the Raymond Piling f this project proved to be vote siderably lower than the total eest of the inerrast d number of wond piles that would have been neves sary had wood piles heen used.
Other piling contracts undertaken during the year have proved equal Ily surerssful as our Shanghai op me
on and it is only to be expected that the popularity of the Raymond stem of piling throughout the Far East will steadily increase.
The result of the year's working i very gratifying in view of the unselled trade, eshitions previ ing during the period under regiow, You will notice from the baltuer shert that at the close of the pre! eding year ending March 31st, 1924, $200,-153.78 was varied for ward after a bonus to staff and dividend of 20 per cent, on the dinary shares had been paid
This year's work has proved satis Factory and your Diriclues have decided to declare a 10 per cent. dividend on the ordinary shares.
i
Kowloon Tong And New Territories.
<
In my speed of last year's Anmod Meeting, 1 meatieend the Inden under which the anisomy was bouring in connection with the Kowloon Tong and New Ter 14d riterie: Development Tax bureau still exists wetsith standing the fart Get the Bow log Tong Project is ung revsg nized as being a sareessful dor taking. The Kowloon Tong Com i pany, being a firm capital Company, has never had sufficient fonds to erry tu sebeme ahead
mass production basis originally planned. To add to this handicap Many of the subscribers from mi reason or other have not found it convenient to meet their calls on their hestars as they beenie due, and there are instances where
|
1
¦
TIONS.
PRINCE'S BUILDING & LAND CO., LTD.
GOOD PROSPECTS THIS YEAR.
The fourth ordinary general mert in of the Prince's Building and Land Conparty, Ltd., was held at The Compring's fees in Priner's Taking yesday. ME. Joseph presided, supported by the following directors amt holders: Sir Robert Ho Tung. Mr. W. E. L. Shenton, and Mr. S. S Perry (Director); Messis. „S, M. Churn, E. M. Raymond, D. 11. Cooper, d. Sealt Harston, 11 M.
Nemazer (Shareholder).
share.
The Chairman, moving the ad p how of the Fomit atul acrounts,
sand
Your Diretors book back u the past year with moderate setis Fanthus In addition to ps vailin difbeat tinees, it was still a year of transition and preparation if not
In view of 1 of tangible results.
many changes and renewals of obl leases encluded during the period. under review, and extensive pro- graname of renovations, alterations
towards the latter part of the year. and improvements were undertaken more particularly on the grand door premises where the banks are, and from which a good proportion
in
At the last year's tieneral Mock- ing. I pointed out that the largeuses have been practicndly com- dividend recommended at that time ploted with a large proportion of the calls remaining unpaid The was to be used in payment of w
Kowloon Tong Company do mol all of $50 per share on the party have the funds to carry on the work doors and for a time we were with-
paid ordinary shares, which was necessary to meet obligations of Your Directors do the Compaty not feel justified in recommending such a large dividend this year as the 16 per cent dividend recon- mended will deplete the Company's cash reserve by a sunt uly lightly fres than that caused by the higher dividend fast year. While the Co- no doubi, ray a higher pany, could, | dividend at the present time, your Directors do not feel this procedure is advisable due to the difficulty E analysing future prosperts on ar
not paid, so the when calls are burden of financing the scheme has been thrown upon their Company until the Coorpany's present com mitments stand at very high figure,
it
Sham Shui Po Camp And Tung
Shan Hotel.
Two other noteworthy projects completed by the Company during the year were the Sham Shui Po Military Camp and the Tung Shan
Betel.
The Sham Shui Po Mil
tary Camp was a contract for the construction of St buildings to au
our rever is derived. October last, however, the late Russ Asiatic Bank, which only recently decupied the premises China-after concluding a mutually vented by the Banque de Pinda satisfactory arrangement, as will as a long lease, suddenly chased its out tenants for this important ground floor section of the build- ing. But suum aftrwards negotia tions with the Banque Frane Chinoise resulted in their leasing |_ portion--though the best part of the varatrid premises-und it is with some satisfaction that your Directors are now able to aunonner thunt arrangements have also just been concluded for the remainder of the varated promises to be taken over on a long lease by Messrs. Cald herk, Macgregor & Co., Ltd., from dhe 1st of August arst the rentals for both sections being satisfactors.
Most of the premises are now let satisfactorily on fairly long leises
K. M. A.
CERAMIC & REFRACTORY PRODUCST
CLINKER,
AVING, BUILDING & FIRE- -BRICKS
1...
STONE-
-WARE
PIPES & GLAZED TILES
Ask for our illustrated Catalogue-Compare our Pr
and Inspect our wide Range of Samples THE KAILAN MINING ADMINISTRATION DODWELL & CO., LTD., Agents. Hong Kong.
Rolanda Sarrault
FOR EVERYTHING CHIC.
22, Queen's Road Central
WE
Telephone C. 2422.
ARE NOW SHOWING
Our New Arrivals of
[A.P.8.]
MANILA AND BANGKOK STRAW HATS
Very suitable for present Spring Wear.
These Hats are in all the Latest Shapes and Shades, and are Priced from $6.
Fresh Stocks will Arrive Every Week.
SWATOW LACE CO., LTD.
21, Queen's Road (Next H. K. H. Garage).
the results of which should appear | VALUE OF A $6,000 SHARE. in next year' working: and so,
ront of the unsettled coalitions & comandate two batrali usai truppe. barring the unforeseen or mex-
Your directors have recommended
peeted the inecone of the Company Only sixty days were allotted for
should from now on enable the pay this completion of this scheme.ment of a fair dividend to share Notwithstanding the delay causedlers, Should, however, the cou dition of the money market improve by inclement weather and the neers- in the meanine, and should we be
.
PAR OR AN EXTRA $500.
POWER. OF NEGOTIATON QUESTIONED.
LA P.BL
WARDER BECOMES A CONVICT.
EXTORTING MONEY FROM PRISONERS WIFE.
Gulam Jussain, the Indian Whether a Chinese was entitled | Warder, attached Lo Lairbikok
an extra $500 on the sale of his-$0,000 share in a Chinese com- Mr. J. But Barston serandi dy Mr. M. Ragtoond proposed pany was the question raised in that Sir Robert Ho Tung and Mr.
a case hard at the Summary Court S. S... Perry he re-elected to the
yesterday before Mr. P. Jacks Mr. 1. I. Board of Directors. Cooper seconded, and the resolu(acting Paiste Judge). tion was put to the Meeting and carried manimously.
Messrs. Perey, Smith & Fleming were re-eleted as the Company Auditors for the ensuing year.
prevailing throughout the country.
The net working profit for the year has amounted to $218,52991. of this profit, 98, 1999.25 has been absorbed in providing for depart -
ity of securing aber for the able to obtain a mortgage loan" en the old basis, then much better re the riation in the Company's invest
selur Shanghai, all
sults may be experted in the near rents, plants, chigents and sa
work was empleted in forty-live future. forth, reserve for bad and duldful days ir an the date of signing the debts and overhead charges, which | „ntraet, äfteen days in mlynne leaves a net prefit to the Profit and of the timer olletted by the Govern Los account of $10,499.76.
mit ht of completion. This is prob ably the largest construction pre a 12 per cent, bonus of the year's jed over excented in this. Colony salary to akt members of the pre-in such a short period of time and On behalf of the it speaks well for the high efficiency manent staff. Directors, Management and Share of the Company's organization.
Early in March the Company com bolders, I wish to thank all mem
pleted the fang Shan Hotel which hers of the staff for their very diligent services and hard work which have brought about the ex- Much eellent results obtained. closer application is required from members of our staff than from most congnies due to the fact that r work usually continues through out the whole year, in many cases werk ends and days being is- cluded, without any interruption except the Chinese New Year. It is these additional services by the staff which make for sucess, and which are especially appreciated by the Company.
an eight-storey reinforced ean crete structure, baibling fared with granite and Shanghai. Plaster.
Many other contracts had been undertaken by the Company during the year, amongst which are the formation of twenty-one, building sites on Julaid Lot No. 2351, Stubbs Road, the Bowen Hoad Rapil Gravity Filter Beds,
H.K.C.C. PAVILION
IMPROVEMENTS.
THE PROPOSALS STRONGLY SUPPORTED.
A $38,000 DOLLAR SCHEME.
The plaintiff was Li Chan Fong, Izl, Queen's Road West, second
Prison was yesterday sentenced to six months bard labour for ex- torting money from the wife of our of the Chinese prisoners, "
Accused was said to have asked another Chinese prisoner to write a letter to the woman in question. The letter purported to have come from her husband and stated that as he was underfed, he would like
for, merchant, who sued Shing hai Tong, 180, Quera's West Cen- trai merchant, He claimed solis wife to give the bearer $15 for being the balance due on the pur- chase of the plaintiff's share in the defendant's firm.
aditional ralions.
On receipt of this letter the woman gave defendant $5 and pro- mised to pay the balance in tw
Mr. M. K. Lo appeared for theinstalments. After some time defen- plaintiff, and Mr. Leo d'Almada was for the defendant.
Mr. Lo explained that the claim was for $500, being the money due on a 6,000 shure which the defend- ant bought from the plaintiff, the share being used in the defend- ant's firm. The only issue was whether the purchase price was
dant called for his second $5, which was given. But when he called for the list instalment, the woman call- ed in the Police and handed the defendant over.
Yesterday two Chinese prisoners were called. One of them was the husband of the woman. He said that he had never authorised the defendant to collect any money from his wife and that he had never Bent any letter to her. He had.
Since the close of our year, the
A proposal to add a second Company has been successful in securing several injor contracts interey to the pavilion and to make | 86,500 as alleged by the defendant. The plaintiff admitted receiving eluding the construction of the New other alterations was discussed at Wong Nei Cheong Nullah and also a meeting of members of the Hong 6,500, but said there was a further however, given his address to an The only written evi- other prisoner, and it was this pri- other contracts of smaller magni Kong Cricket Club in the pavilion $500 due.
dence was an acknowledgment chopsoner who acted in collusion with Mr. T. E. Pearce, Chairman of by the defendant's firm, admitting the defendant. yesterday. the Club, said that the Club was that 8500 was due on the transac a popular one, and by extending tion. the prequises they should get an in- creased revenue.
re
mut, 10 Per Cent. And Bonus To Staff.tude, which, if successfully carried should ensure another very After A dividend of 10 per cent. favourable balance sheet at the and the bonus to staff are paid,
close of our next fiscal period.
The plaintiff said he was a part- there will be 78,680.76 to be car-
The report and accounts were
ner to the extent of 86,000 in the rid forward, which, when added to adopted without question.
If the scheme was approved it defendant's firm aud, when he re- the proft brought forward last year, makes the total sum carried
Mr. R. H. Kotewall and seronded was proposed to accept a tender of tired, it was aggred that the de-
$31,500 for
structural improve fendant should take his share for forward this year. Amount to by Mr. Chan Yue Teng that a
dividend of.30 per cent, be declared menty. The east of furnishing and g2,500. He had received 86,000 hut He had got her one lay in the
fixtures would be $6,000, making 101 the balance.
*285.134.54.
A resolutioni inoved by the Hon.
During the period under review, for the year ended March 31st, to the Company's piling operations be payable on May 31st, 1027, was a total of $39,000. under the Raymond System have put to the meeting and carried un Continued to be satisfactory. The animously.
On the proposition of Mr. Chau nost important piling project undertaken during the year was Yue Teng, seronded by Mr. C. £. that is connection with the New Shank, the following gentlemen. were elected to the Board of Diree Sassoon Building in Shanghai where 1,600-62 fuot Composite Raymund tors:-Mr. B. Montague Ede, Mr. Piles were driven to support the Charles L. Shank. Mr. Li Yau Tean, Mr. Chan Pek Chun, Hon. structure, As this is to be one
Mr H. H. Kotewall, Mr. Curl R. Shank, and Mr. Chau Yuu Teng.
Mr. C. B. Shank noved that
of the largest and heaviest build ings in Shanghai, the Architects for the project gave much thought
an
The other prisoner denied having written any letter for the Indian warder and said he had never sug gosted that he should go to the wife of the other prisoner to get money. Defendant said that he had never been to the woman's house for money.
street, and she suggested something to him. He followed her home, and
woman went out to get change and ve her 8100 note to change. The returned with a policeman. Shé
Bhe want lo keep the $100 note. enused his arrest becomes
The defendant was fined $50 or
for extortion,
Mr. Pearce Mr. Lee Chor Sum, gave evidence added that it the scheme had been if arranging a settlement between, put through when it was originally the parties, and said that eventual proposed it would have been done ly the sum of 86.800 was agreed for half the money now required upon, but as far as he knew the Their finances were in a very sound plaintiff had not reerised the odd t position. They had over 810,000 $500
Mr. d'Almada applied for one month's gaol for violating the on Axed deposit and over $5,000 in the current account. The Hong adjournment to call a witnesses rules and regulations of the Prison two compradores from the Inter- Kong and Shanghai Bank were granting them an overdraft but the national Bank, who were partners and given six months' hard labour committee were optimistic enough of the firm. He said he did not think that it would not be more discredit Mr. Lee's evidence, but ant had the power to agree to an if it was decided that the defend- overdraft was wiped out.
Mr. E. B. C. Hornell said he extra 8500 being paid, then the dence to that effect. In granting thought the proposed extensions point would arise as to whether he the adjournment until Friday week, were highly necessary. He hoped had the power as far as the other ho anked Mr. Lo to consider the question whether he would amend there would be no quibbling about partners were concerned.
His Lordship referred to the hin writ to sug the defendant only the cost.
It was decided to call an extra-point as to whether the defendant as manager, or whether he would prove that the other partners had ordinary general meeting for Juno vas acting on behalf of himself or 10th to discuss the proposal. (Continued at foot of next column.) given authority.
to the particular piling that should Messrs. Lowe, Bingham & Mattina foun or five years before this be used. After much consideration thews, Chartered Accountants, be had been given to various piling re-elected as Auditors of the Com- Byetens, the Raymond Pile was pany. Mr. Chau Yue Tag second chosen s being the best pile to ed, after which the resolution was carry the enormous loads in quen put to the meeting and carried un tion The virture of this system animously.
was so apparent to the Architects A resolution to pay 12 per cent. that only ordinary preliminary of salaries as a bonus was carried Lests were required, and now that unanimously.
the firm, as there had been no evi-
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