Page

ANCHOR BRAND PURE MANILA ROPE.

*THE CORDAGE YOU CAN TRUST."

MARINE BUPE

TRANSMIS-

SION

OF

POWER (HOPE

CABLE LAID

(8AWBERS

WELL

DRILLING

CABLES

ESTABLISHED 1956

ROPES OF ALL

SIZES FUR ALL

PURPOSES

YNCHAUST

ROPE

FACTORY

MANILA

MADE FROM

PURE MANILA

HEMP

MANUFACTUR-

ED BY THE

MOST MODERN

MACHINERY-

STOCKS ON HAND OF ALL SIZ'S ENQUIRIES SOLICITED. FACTORIES MANILA P.1. HONG KONG OFFICE:

KING'S. BUILDING, TILEPHANT (RAL 9165,

COLGATE'S

ECLAT

COLGATE'S

ECLAT

SOAP

AND

POWDER

THE TWO SUPREME TOILET LUXURIES. SOLE AGENTS:

HONG KONG TRADING CO., LTD.

King George IV Liqueur Whisky

Scorps

Adelight to the most critical palate.

THE DISTILLERS AGENCY LTD.

IDINBURCH

SCOTLAND

GOLD LABEL

SOLE AGENTS:

GANDE, PRICE & CO. LTD. HONG KONG.

STAR THEATRE

DICK NORTON'S

GLOBE TROTTERS

En Casserole Revues

Fri & Sat., Jau. 20 & 21

66

INCIDENTS."

'ELEVEN ARTISTES

Booking at Houtrie's and Star.

PRICES: $3, $2 & $1.

THE HONG KONG DAILY PRESS, TUESDAY, JANUARY 17th, 1928.

GOOD RIDDANCE EDUCATION IN

TO-

SHANGHAI'S BOLSHEVIK

CONSUL

LIES AND LAMENTS AT VLADIVOSTOCK.

The following is a brief transla tion from the last issue of the Red Flag. Vladivostock daily which has just arrived in Shang- hai, ays a copy to hand of the North China Daily News,

The news of the approaching arrival on board of the str. Siman of the staff of Shenghai Consulate headed by Comrade Kozlovsky has spread all over the town since early morning.

CANTON.

LANE, CRAWFORD, LIMITED.

HOW ST. HILDA'S CARRIED REDUCTION OF CAPITAL.

ON.

TIRETLENT STUDENTS EXPELLED.

UNREASONABLE. DEMANDS

RESISTED.

The perpetual disturbances "in Canton during 1997 were clearly reflected in the sport presected by the Headmistress (Miss ti. L. Bendelack, M.A.) of St. Hilda's School for Girls, Canton College held its prize giving on Saturday, but even then, with com- parative peace restored in the city only half the pups were present.

The

In spite of the intense, cold, at 3 pm, the jetty was crowded. The

Jaise Bendeluck goes home on working men of Vladivostock came to express their protest against the furlough this week leaving Bliss stranglers of the Chinese revolu-Upsdeli in charge. She is certainly to be congratulated on the plucky Lian, who behaved themselves so horribly towards the representa struggle made by her school against tires of the Sorist diplomacy. At extraordinarily heary, odds. 4 p.in, the str. Sishan, appeared, All Re-clad and with the orchestra playing a tune of greating, while a public meeting to salute the re-heads commanding us to quit. We turning fades was declared earned

upen.

Last January, stated the "report, we held our Speech Day with a Consular order hanging over our

THE COMPANY'S POSITION AND POLICY, EXPLAINED.

In order to place before share- holiers sound balance sheet at the next annual general meeting, a resolution was passed at an extra- ordinary meeting of Lane, Craw- ford's, Ltd.. yesterday to reduce the capital from 81.500,000, divided

inta 15, shares at $10 each to

$900,000, divided into 150.000 shares

of $0 each.

This is being done by pancelling the capital which has been lost or is unrepresented by available assets to the extent of '84 per share upon each of the 123,000 shares which Mitr been issued and are now outstanding etc.

Full explanation of the reason for the step was made by Mr: T. G. Weall, who presided at the meet- ing.

Others present, in addition to Mr. Weall, were Mr. W. E. L. Shenton, Mr. Chan Tong, Mr. E. M. Ray- month Mr. R. L. Bridger and Me. F. M, Crawford (Directors), with Mr. S. J. Jordain (Secretary).

nevertheless On

though must of our visitors were priveated The standards and pusters from attending. We were able to

There were alan present the fol re-open after Chinese New Year, towing shareholders:-Messrs. W. Lore the following inscriptions:

Down with Chiang Kai Shek, with a large number of new papils Macfarlane. A. Stevenson, D. M. the titor. Long live the Chinese and we had the great pleasure of Goodall, J. J. Thomson Crepresent- revolution. tireetings to the Redclcoming back hom England Miesing the Dairy Farm, Lee and Cold Diplomats.

Lpsdell after years' absence from After several short speeches, a St. Tilda's. Two of our graduates, speech was made by Comrade Kez-Miss Sung and Miss Wong, also lovsky who thanked the gathering came on to the staff and have done

a good year's work in very try for the honours accorded te bin

circumstances. From Chinese New and his colleagues,

Year till Easter you will remember 1f1 AL constant that the city was ferment

·

"Imperialist Shanghai."" "Working in Shanghai, he said, in the stronghold of world imperialism, surrounded by deadly tues, we, nevertheless, were not lonely. We always fest your sup port; we always know that lehind is we have the working masses of the unique in the world republics safety while the Moderates struck their blow at Communism; and to return to work immediately arterwards.

causes. from political Again, acting under commands from. the Consul-General, we were forced to close for the holidays three days early. This enabled us all to

of workulen. -

All accusations of plotting and rioting which were made by our enemies are showing only the anger of the imperialists, · and their Peking servants are copfront. ing the ever-develping movenient of workmen and prisants.

his movement, of course, was not created by us or by the mur derd comrades of our consulate in

Calun.

The Gentle Communist! This movement of the workmen and peasants stands firinly on its. own feet and no reprisals or us sistance of imperialists or the Bowing of blood can exterminate it. Long live the U.S.S.R., the defenders of the oppressed peoples of the world. Long live the steel- like and united communistic party Long live the revolutionary work men and peasants of China."

Trouble Within Suppressed. --But-1927-knew-to-pence - Labour nu wudent demonstrations were su frequent she so uisturbing to

Ltd.). C. Bernard

Storage Ca., Brown, A. W. Brown, and T. G.

Stokes,

THE CHAIRMAN'S SPEECH,

notice convening the meeting, the Following the reading of the

Chairman said:-Gentlemen, The notice which has just been read with have informed you that it is pro- posed to reditee the expital of this Company from $1,300,000 ta 2000,100 by reducing the face value of the shares from $10 to 20 each. -

The issued capital of the Com. pany $1,250,000 nsisting of You 23,148 shares of $10 each. will realize, therefore, that in actual fact the amount of issued capital which is now being written off is $500. The remainder is merely rechiction in the face value of uni Issued shares,

Your Beard has now come to

to the

necessary in order to place before yon a sound balance sheet at the

ex aurul general meeting.

ne educacion word, that alrevnclusion that the reduction is senous accided to close by the end of Juge. We had our arst troubles nside St. ildan; but the pupus who heated to, Rawlessnees were either dismissed at once or refused asttance for the second term. The result has been all that could be desired."

Nationalist Persecution.

The Board of Education demand- cu regetratapu of all schools by the end of August. As the terms laid down were unreasonable and un- sagismetory, we decided, to refuse. we are here in Chim to bring th. knowledge of taxis best git to naa; salvation for this world and for the world to come through our Saviour Jesus Chriet. If this privi lege is denied

ed us, our schools must

These last words of Comrade Klavsky were received by pro- longed cheering and the orchestra

41080. **Intern present rendered the zionale." This concluded the meet- ing.

rge bumber of pupils

A very large

OR The Assets.

It has been decided to write aff from the asset ile of the balance sheet as follows:-

Goodwill Depreciation of fixtures

and fittings......... Depreciation of invent

Profit and loss Account

(less balance brought forward)

$100,000.00

65,000.00

324,023.31

63,430.81 As regards the item Goodwill your Ford has come to the conclusion and I feel sure that you will agree with them, that in view of "the nature of the business carried or by this Company and the adverse consequences to such a business of

ROMANCE AND MYSTERY!

He won thrice on thirteen sad dies before dawn. Six people had each been heard to threaten him with death. "killed him? See

THE

Who had

3.

PLEASURE BUYERS

with

IRENE RICH-CLIVE BROOK JUNE MARLOWE CHARLES COUKLIN-DON ALVARADO

AT THE

The best detective film of the season. Based on the novel which created a sensation.

QUEEN'S

J.,

TO-DAY AND TO-MORROW

At 2.30, 5.10, 7.15 and 9.20.

The romance of a wilful young princess of a modera kingdom- .

THE LUCKY

with

LADY

GRETA NISSEN-LIONEL BARRYMORE-WM. COLLIER, JR.

AT THE

гр

WORLD

TO-DAY AND TO-MORROW

At 5.15 & 9.20 Only.

At 2.30 & 7.15.-Chinese Drama, "Wongin Ba."

A famous dancer in a romance of the Tropies--

Aloma of the South Seas

AT THE

with

GILDA GRAY

STAR

"TO-DAY AND

TO-MORROW

Continuous "2.30 to 11.15.

leit St. Hilda y having been gratuithe disturbed conditions of the year wish me to any that it is estimated

In conversation with representa-tously informed by the anti-Chris- 1925, and the resaltant trade depre- that a deficit will be shown by the

COMING SHORTLY cluding wong

BEN HUR

tian Press that we were not re- However, thany new opening. pupils entered, and we have had a larly peacetal-term.

in such a year of disturbances iz is the head and tail of the school that suffer. The kindergartners are not safe on the crowded roads, and must be boarders if their work 16 not to be interrupted. Parents

sion, the item is not a reliable profit and loss account for the nexel,

current year and that it is proposed to meet this also by a transfer from

16

New Fixtures, Etc. When the Company changed its general reserve.

Shares Fully Pak Up. „ premises during the year 1926, it

The Company's shares are, as you was found necessary to provide a large number of new fittings and know, fully paid up and, therefore, the proposed reduction of fixtures and to abandon many of the as

old. Your Directors now feel that capital does not involve any reduc.

Depreciation Of Investments.

-

CAN A JUDGE DECIDE AFTER PART HEARING?

DEATH OF MR. JUSTICE FRASER RAISES A PROBLEM.

Can a judge take up a case alter portion of it has been heard by other judge ?

He had been for a walk with his

Sunday evening in September

last year, and returning into Shaw- brook-road, Levenshulme, - hé tell into a hole.

tives of the Tass News agency, Comrade Kozlovsky said that the British press begun a wild cam paign against himself, demanding une removal of the Consulate from the Settlement. **The organizi- tions of the White band had their aim to exterminate us con-

This estion arose in the Court pistely, but a handful of heroic officials of the Consulate saved us.

Corporation The Municipal police arglecte-often refuse to purt with smali it is desirable to bring the item tion of assets, except in book value, of Appeal in London in an appeal

of "littingy and Extures in the no objection by the Company' by the Manchester their duties. When the so-called children for a week at a time. On

the other hand the senior classes bninnce sheet down to a conser- creditors is anticipated. This will against a verdict of £300 damages Nanking Government sent us the

sufer because 1 students wish to vative market value and in conse- facilitate the Court in granting the and cost recorded against them at note garding the closing of the

be sure of completing their years, quence to write off the amount of necessary order confirming the re. Manchester Asizes. Consulate, we were virtually under

This sum was awarded to Mr. solution which is to-day put before and there is little stability in Can- | 863,000, arrest, inasmuch as we wore con-

to. The other close of students

you and we expect that this for. Harold Coleshill, of Brooklands fined to the Consulate and the

mality will have been complied with road. Redditch, who fell into an we do not want; they leave us for palice searched all persons enter-

The main reason which actuated in time to enable us to put before cxcavation and broke his leg the glamour of the Chung Shan lag or leaving the Consulate in-

University or of some large college Your Board when they decided to you at the next annual general meet. i

the of sweetheart over the golf course on "Cowardly Chinese." We part from these with a sigh of was the figure at which investments the capital of the Company at a

stood in the balance sheet. From

comfigure more in relation to the Questioned by the Ta repre- contentment that we are too hum-

the accounts published for the year sulative as to why the Nationalist ble, too hard-working: Government

I now formally move the follow- had accused the

We have had las names on the ending February 28th, 1927, it will market value of its asseta,

be seen that a considerable dis

The Corporation contended that C.S.S.R. Consulates in China roll this year; the average numbër

the ing extraordinary resolution- existed between

they should not be held liable, b crupancy of fomenting communist activities, of boarders has been 37; The aver

market quotation and the book "That the capital of the Com-cause they were not churlish enough Comrade Kotevsky said: "They age in daily attendances about 80.

vale. Since that date the market pany be reduced from $1,500,000 to stop young people wandering St. Hilda's was again the Canton are doing it out of cowardice, to

quotation has further depreciated divided into 150,000 shares of 310 down an unfinished road. centre for the Hong Kong Univer-

each to 8000,000 divided into justify their betrayal of the pria-

During the hearing at Manches ciples of Sun Yat Sen, and in a siy Examinations. Owing to dis- and your Directors are now recom-

turbances there were only two en- mending that this item be written 150,000 shares of 20 each and ter Assizes before Mr. Justice pitiful attempt to cover their ac

that such reduction be effected by Fraser and a common jury. Mr. cancelling the capital which has Justice Fraeer died, and the hear quiescence with the demands of the tries. That our fears were justified down to the quotation ruling when imperialista.

is ehown by the fact that one of the decision was arrived at;

was concluded before Mr. been lost or is unrepresented by ing these students was marooned 31 The necessity for writing off the

available assets to the extent of Justice Acton, by consent of all Not a single fact or document Whampoa and could not get to

less shown by the profit and loss

$4 per share upon each of the parties, the judge reading the incriminating us could they find

Canton for the examinations; the account less the balance brought

125,000 shares which have been shorthand notes of the evidente and they realize this fact."

forward from the previous year must other had to take to fight in the

issued and are now outstanding given before Mr. Justice Fraser. Regarding his departure from middle, and was unable to com- be quite clear to you and I do not

and by reducing the nominal Lord Justice Sorutton said that China, Comrade Kozlovsky midplete the final two papers.

propose to say anything further re-

amount of all shares in the Com-] he doubted very much whether a that all women and children Left Owing to the recent Communist garding this item.

pany's capital from 200 to 80 per judge, even by consent, could go share,"

into the middle of a cas. Dutch str. Zuma, other embarked drevented frein witting for their on the str. Sishan, taking with examinations. At least 50 per cent. $382,454.35, which is $62,434.35 more) "Mr. C. Bernard Brown having Mr. Meriman, K.C. (for the them all the Consular documents are abwent today. It is a sad ez- than the amount by which it is now seconded, the Chairman remarked Corporation), and Mr. Singleton, the issued that the resolution in order to have K.C. (for Coleshill), were unable During thie and papers." Myself and two of perience for all.

proposed to reduce my assistants remained to the last year three have entered as Proba- capital of the Company. The excess & legal effect had to be passed, by to recall a precedent for what oc- tioner nurses, one in Singapore will be dealt with by applying ana majority of three-fourths of those curred at the hearing of this netion. Lord Justice Serutton: I remem handing over the Consulate to the German Consul General io the General Hospital, two in the Gov-equivalent part of the general present. He also invited questions.

None were asked and the resoluber a case in which we found after presence of the Chinese authorities ernment Civil Hospital, Hong reserve in order to extinguish it.

tion was carried unanimously. an hour that a member of the jury: and when we departed we were Kong; another is entering to-mor- Whilst I am touching on the ques The Chairman announced that a win stone deaf. Another juror was escorted by a strong force of row, two more we hope next month, palice,' concluded the former sibly three. One pupil has monetion of general reserve your Board confirmatory meeting will be held then sworn and the esse

opened. to Melbourne for business-training. (Continued on next Column.) on January 31st. Shanghai Consul-General.

Watch For Opening Date. Shanghai on December 28th, on the riots several students have been

TEX FAV BAINOR EZANDI.

THERAPION No. 1 THERAPION No. 2 THERAPION NO. 3

We 1 for Madder Ostech. | Ma. ↑ for load in Macta Das Boy 1 for Chromla Wackhomens, moka my WAL OCCIDENTA, PRICE AN IOskars, is Ds. La Dueno K Co. Havermosk Bd. X.174, London 1 MA PROMO, kasoria De, New Tous & reda i

- WALIPELINg Day Jharmosos.

The items I have dealt with amount in all to the

gum of

was re-

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