HONG KONG DAILY PRESS, THURSDAY, JULY 14, 1932.
Application has already been minds and accepted by the Committees of the Shanghai Stock Ex- change and the Hong Kong Stock Exchango for quotations of the Company's shares.
The Bubscription "List will be open at 10 am-and-close at 3 pm on the 18th day of Jul
UNITED THEATRES
(Incorporated in the United States of America)
AUTHORIZED SHARE CAPITAL
Shanghai, Taels 8,000,000-divided into 1,000,000 Common Shares of Shanghai Tacis 5' each, fully paid and non-assessable
ISSUE OF
450,000 Common Shares of Shanghai Tacla & each par value, which have been privately underwritten by the Promoters and their associates,
and
150,000′ Common Shares of Shanghai Tasis 5 each at par, which are now offered for publia subscription on the terms of this Prospectus and which have been underwritten by Messrs, E. L. Elias & Co., 18, Central Road, Shanghai,
Applications for the above shares should be made in the form accompanying this Prospectus through any of the Company's Bankers for and on behalf of the Company as follows:—
CAPT. IL E. SASEDON
T. G. WRALL, Esq,
Lo KAN, Eng.,
JAMES BACKHOUSE, Esq..
Ko LEONG Hox, Esq.,
(IKANT MARK, Esq..
F. W. SUTTERLE, JR.,
F. J. Schout, Esq.,
R. K. BUTLER, Esq...
TAELS 5 ON - APPLICATION.
.F
DIRECTORS
Director of E. D. Sasioon & Co., Ltd.
Director of Dodwell & Co., Ltd.
Managing Director, of Hong Kong Amusements, Ltd., Hong Kong. Chairman of Board of Directors of Hong Kong Amusements, Ltd., Hong Kong.
Managing Director of Ho Hong Bank, Ltd., Hong Kong, Director of Hong Kong Amusements, Ltd., Hong Kong.
General Manager of China Finance Corporation, Federal Inc., U.S.A. Shanghai.
Vice-President and Treasurer of China Realty Co., Federal Inc., U.S.A., Shanghai,
Vice President of China Finance Corporation, Federal Inc., U.S.A., Shanghai.
Director of China Theatre, Ltd.
SECRETARY AND REGISTERED OFFICE
J. A. Turnen, Esq., Chartered Accountant,
9. Avenue Edward VII, Shanghai.
BANKERS
THE CHASE BANK, Shanghai and Hong Kong.
NATIONAL CITY BANK or New York, Shanghai and Hong Kong, SHANGHAI COMMERCIAL AND SAVinos Bank, Lro., Shanghai, SOLICITORS
Surthi, Daviza & N. E. LURTON, 141 Szechuan Road, Shanghai. TRENDALE, NEWMan & Co., 15 Peking Road, Shanghai. AUDITORS
SETH, MANCELL & MCLURE, Chartered Accountants
9. Avenue Edward VII, Shanghai.
GENERAL OFFICE
138, Szechuen Rond, Shanghai,
PROSPECTUS
The objects for which this Company has been formed are as contained in the Articles of Incor. poration and Bye-Laws of the Company, and in particular to acquire, take over, operate and control a group of the leading motion picture theatres throughout China and the Orient generally,
Mr. Lo Kau, who has consented to serve as the first Managing Director of the 'Company, is well-known throughout the Orient and America as a pioneer in the motion picture business in Chino and Hong Kong. He has had a long and wide experience and has a specialised knowledge of all branches of the cinema industry. Mr. Lo Kan has achieved outstanding success as one of the promoters and Managing Director of the Hong Kong Amusements, Ltd., Hong Kong, since its inception, and ho directa or controls more than 30 of the leading cinema-theatres in China and Hong Kong, of several of which he is the owner, and some of his several appointments are as follows: —
Managing Director:--
HONG KONG AMUSEMENTS, LTD.
CHINA THEATREs, Ltd.
Director:-
YANOTSZE AMusements, Ltd.
EASTERN AMUSEMENTS. (AT.
Member of Committee of Management :-
CATHAY ANUBEvents, Län.
Chairman, Board of Directora:-
NORTH CHINA AMUSEMENTS, LTD.
Part of the proceeds of the present issue will be used to acquire:-
(4) Control of a minimum of 40 of the leading motion picture theatres in Shanghai and outporta
under an agreement entered into between Mr. Lo Kan and the Company,
(b) A majority share interest of the Hong Kong Amusements, Ltd., under an agreement entered into between certhin shareholders of the Hong Kong Amusements, Ltd., and the company.
(c) Control of the Puma Films," Ltd., and the Theatro Equipment Co., Ltd. ...
The estimated cost of obtaining this control in Tls. 2,300,000 and is based on the past working of the theatres at present in operation,
It is intended to use the balance of this issue, viz., Tla, 700,000 for the erection of studios and· the production of Chinose pictures' and also for obtaining control of further theatres where advantage- ous to the Company,
Negotiations are at present in progress for the lease on longterm of 92 mow of land, for the erection of studios. Modern equipment for the taking of sound pictures has already been purchased and an expert from the Radio Corporation of America is due to arrive in Shanghai shortly to supervise the erection of the studios and the installation of the equipment, The Company intends to lease studio uaits to local companies and to encourage further Chinese companies to make sound and talking pie tures. Not only will the Company obtain a handsome return on its capital by leasing these units, but will also obtain a first refusal on all pictures produced at the studios...
When it is realised that good Chinese pictures run in the cheaper-priced theatres longer than suy foreign picture, the vast possibilities of Chinese pictures, will be recognized.
There are less than 100 modern theatres in China, a strikingly small number when compared with the approximate number of 1,400 motion picture theatres in Japan illustrating the immense potentialities of the motion picture business throughout Chins, which is at present in its infancy,
The theatres to be acquired will accommodate the release in Chins of the principal foreign pro- ducers with whom the Company, through Mr. Lo Kan, will have the advantage of favourable contracts nlready entered into, and to afford roleascs of Chinese productions which will shortly be available from Beveral Chinese producing companies.
The Shanghai theatres will be well distributed throughout the city and each is especially design- ed to full the particular requirements of the community in which it is located.
Among the many obvious advantages to be obtained from the consolidation of a large group of motion-picture theatres under centralised control, operation and management, may be mentioned con siderably reduced overhead expenditure, and increased revenue resulting from a selected distribution and better exploitation of the latest pictures. (
By having a chain of theatres under unified control the Company will be able to establish purchas ing offices in the picture producing centres in the U.8.A. and England, enabling direct contact to ba maintained with some 25 or more producers who have no direct representation in Ching at the present time.
The-issued-Capital-of-600,000 Common Shares of Tacks & each par value has been fully under written, of which 150,000-Common Shares are now offered for public subscription in the terms of this- Prospectus If more than 150,000 shares are applied for applications exceeding 1,000 shares. from each applicant will be allatted pro rata to applications,
The original Directors have been granted the option of acquiring at par (Taols & each), within one-year from the incorporation -o-the-Company, 50,000 shares of the unissued Capital of the Company,“ Applications for shares should be made upon the form accompanying this Prospectus and sent to one of the Company's Bankers at Shanghai or Hongkong together with a remittance. Where the number of shares allotted is less than the number applied for the surplus will be returned,
A brokerage of 1% will be paid in respect of Share Allotments made on applications boaring the stamp or signatures of Members of the Shanghai Stock Exchange or Hongkong Stock Exchange,
Prospectuses and Forma of Application can be obtained at the Company's offices, from the Com pany's Bankers, Members of the Shanghai Stock Exchange, Members of the Hongkong Stock Exchange, Mesara. E. L. Elias & Co., 16 Central Road, Shanghai
Dated at Shopghai the 7th day of July, 1992, §.
[2366
CONSIGNEE NOTICES.
NORDDEUTSCHER. LLOYD, BREMEN
THE SMALLER
baving arrived from BREMEN, HAM- BURG and Forts, Consignos of Cargo are hereby noided that their Cargo is being landed at their viak into the lic down
of Hong
the Kong and Kowloon Wharf and Godown 09. Id. Kowloon, where. Delivery can be obtained.”
Consignees" are further notified that the Steamer "ALLER taken-at
HAMBURG and BREMEN Through Cargo for HONG
KONG 8.8. "JELO, 8.9 HELENN
II." "KONE BOYZIONA
88." MARLANDA," 8.9. and 8.8.
from FREDERICIA, *- BAUMO, KOTKA & BALTIO PORT,
OSLO
All Goods remaining undelivered after the 19th of July, 1932, will be subject to Bonk
No Fire Insurance will be effected by us in any case whatever.
Damaged Packages must be left in the Godown for examination by the Con- #gases and the Company's Surrero, Mess. Anderson à Ashe, at 10 am, on the 18th of Ja
Consignees must 牖 Berunne Officer in attendance, when damaged dutiable goods are gramined by
by the
Company's surveyors
No Claim will be admitted after tha Goods have left the Godown and all Olaims must be presented within Twe which date they will not be recognised, Weeks of the Ship's arrival here, after
Consignees are requested to surrender their Bill of Lading to the Undersigned for Countersignaturs,
MELCHERS & CO.,
Agenta: NORDDKUTOCEL LLOYD, BRIMIK, Bong Kong, 19th July, 1921 12364.
CONSIGNEES' NOTICE,
THE BEN LINE`STEAMERS,
LIMITED.
FROM LEITH, MIDDLESBRO. ANTWERP LONDON.
AND STRAITS.
The Steamship "BENVENUE"
UNSIGNEES of Cargo are hereby informed that all Goods are being
landed at their risk into the hasardoni and/or extra hazardous Godowns of the Hong Kong and Kowloon Wharf and Godown Co., Ltd, whence and/or fram the wharves Delivery may be obtained. No Claims will be admitted after the Goods have left the Godowns, and sli Goods remaining undelivered after the 19th July will be subject to Rent.
All Claims against the Steamer must be presented to the Undersigned on or hofore the Brd August or they will not be
of broom, chafed and damaged Geoda are to be left in the Godowns, where they will be examined on the 18th July at 10 .., by Messrs. Goddard & trouglas
To comply with the General Bonded Warehouse Regulations; consignoos maak
have a Beronun Officer in attendance
when damaged dutiable goods we examined.
No Fire Insurance has been effected. Bills of Lading will be countersigned by
GIBB, LIVINGSTON & Co., LTD.
Agents. Hong Kong. 19h July, 1932, [2263
T: NORWEGIAN AFRICA & AUSTRALIA LINE
WILH. WILHELMSEN.
CONSIGNEES' NOTICE.
THE Metorshipal
"TAIWAN"
having arrived from Norway via ports on the Fth instant, consignees of cargo are hereby notified that all goods, ars being landed at their risk into the non-hazardous, hazardous and/or extre hazardous godowns of the Hongkong. & Kowloon Wharf & Godown Co., whence delivery may be obtained. Goods not cleared by the 15th instant will be subject to rent
To comply with General Bonded Warehouse Regulations consignees mast have a Bevanne Officer in attendance when damaged datiable goods are examined,
All broken, chafed and damaged packages are to be left in the godown where they will be examined on the 14th instant, at 10 am, by our Bar- Veyors, Messrs. Anderson & Asks,
No glaims will be admitted unless notified and/or application for survey made in writing within arren days after landing of the goods or in any
before the
goods are taken delivery
CABO
of
Claims will not be recoverable unless complete accounts are sent in within fourteen days of final discharge of vessel.
No Fire Insurance will be effected by na in any case whatever
Bills of Tading will be countersigand.
THORESEN & Co., Laż,
Agents. Hongkong, 8th July, 1932. [2249
by t
ARRIVALS.
Cremer, Dutch str., 2,750 tons, Capt S. J Meppelink, from Amor, hey Do I JOL Davikan, Norwegian atr., 1,778 tons, Capt. G. Brano, from Canton, buoy No. B2.-J. M. & Co... Empress of Aein, British str., 8,883 tone, Capt. Lovegrove, from Manila, Kowloon Wharf C.P.R
Fingal, Norwegian str., 1,244 tone, Capt. B. Bolt, from Bangkok, buoy No. B8-Thoresen & Co. Glenamoy, British atr., 4,663 tors, Capt. Waite, from Singapore, Kowloon Wharf-J.M. & Co. Hatching British str.,1,261 tons,
Capt. C. H. Farrar, from Swa tow, Douglas Wharf Douglas & Co.
11
DIRECTORY & CHRONICLE
OF THE FAR EAST
CHINA, JAPAN, STRAITS SETTLEMENTS, MALAY
STATES, PHILIPPINE ISLANDS, INDO-CHINA,
NETHERLANDS INDIA, ETC.
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