NEW ADVERTISEMENTS ADVERTISEMENTS.
ENGINEERS INSTITUTION OF
AND SHIPBUILDERS OF
HONG KONG.
MEMBERS
uttend
W. F. SIMPSON,
Hon. Secrelazy.
[4297
E.
PUBLIC WORKS DEPARTMENT.
ure requested to is hereby notified that sealed Lenders in triplicate which should the ANNUAL be clearly marked "Teader for per GENERAL MEETING in the rooms mission to obtain clay from a parcel of the Institution on Monday, March of Crown Land at Cha Kwo Ling, S 23rd, at 6.00 PM.
D. III, N.T.", will be received at the Colonial Senrotary's Office until Noon of Monday, the 9th day of March, 1936, for the occupation for a period of one year from the date of notifica tion of acceptance of tender of the piece or pures of ground, containing about 46 ner-, shown coloured red on plan signed by the Director of Public Works and dated 9th March, 1938, but subject to certain conditions which can be ascertained at the office of the Director of Public Works.
CHINA ENTERTAINMENT AND LAND INVESTMENT CO., LTD.
NOTICE IS HEREBY GIVEN N
that the SIXTH ORDINARY GENERAL MEETING of SHARK HOLDERS will be held at the registered Offices of the Company, King's Theatre Building. 5th Floor,
оп
MONDAY, the 30th day of MARCH, 1986, at 12 o'clock, Noon,
Each teusler must be accompanied by a recript to the affect that the tenderer has deposited in the Colonial Treasury a sum of $50 as a pledge of the bona fides of his offer, which sum shall be forfeited to the Crown, if the tenderer refused to carry out bis
to repe the Directors Report and tender and comply with the condi- Accounts for the year ended 31stions, should the tender be accepted. Form of tender, and further December, 1935, to elect Directors
particulars can be obtained from the office of the Director of Public Works. The Government does not bind itself to accept the highest or any tender.
and Auditors and to transact such other business as may be properly transacted at an Ordinary General Meeting of the Company.
And notice is further hereby given that the Register and Transfer Books of the Company, will be Closed from the 23rd to the 36th day of March, 1936, both days inclusive.
LIANG CHI HAO,
Managing Director.
Hong Kong, 19th March, 1936.
2.
'FOR SALE
[4296
A. G. W. TICKLE. Director of Public Works. 13th March, 1936.
[4290
IN THE SUPREME COURT OF HONG KONG
PROBATE JURISDICTION.
H
ZD.
1 Two Brash Ljungstrom turbines. Each turbine raus at 3,40 r.pm: and is fitted with two generators, the combined capacity of which is 500 kilowatts. These sery are 3-planse, 50 periods, 600 valts, One 30,000 pound Bibcook and Wilcox Marine type Boiler fitted with Superbeaters and Economi- sers complete with chimney
TOTICE IS HEREBY GIVEN suitable for working up to 200 at the Court has, by virtue of pounds pressure. This boiler is
Section 58 of the Probates Ordinance fitted with chain grate stokers.
1897, made an Order limiting the time One set of Oil Barning Equip for Creditors and Dthers to send in their ment for the conversion of the claims against the above Estate to the above hviler to oil firing consist.STH DAY of APRIL, 1985.. ing of oil tank, pressure cil pumps and complete set of oil
3.
burners.
Enquiries to the
THE
MUNICIPAL ELECTRICAL
ENGINEER,
MUNICIPAL OFFICES,
PENANG, S.S.
HONGKONG
.[4299
LAND
INVESTMENT AND AGENCY
CO., LTD.
4% DEBENTURES
NOTICE IS HEREBY GIVEN
that INTEREST for the six
months anding Blut MARCH, 1936,
be payable at the OFFICES of the
COMPANY ON THAT DATE.
HONG KONG DAILY PRESS. FRIDAY, MARCH 20, 1936.
Editorial and Business Office: 11
Ice House Street. Tel. 30281. Night Editor (Wanchai Oudoe):
Tel H$11.
"London" Once: 63, Fleet Street
E.C. 4
The Daily Press.
HONO KONG, March 20, 1936.
HONG KONG'S BURDEN
In another column we give a re- part of the Legislative Council. meeting held yesterday. The Hon. Mr. M..K. Lo in a masterly speech, quoted staggering figures of the burden of taxation in Hong Kong. The Bill for salaries amounts to over fourteen million dollars an- aually. This appears to be a very high charge considering that only some nine and a half millions are
Mr. Lo also made the point that pensions' paid by the Hong Kong tax-payer already amount to over two millions a year and shuddered to think what they would be in ten years' time,
DIARY FARM REPORTS A GOOD YEAR ONLY TWO GAMES
Stringent Economy And Service
Although in the previous year a note of warning was sounded by the Chairman as its annual meeting as regards "difBoult times and inöre competitive conditions would have to be faced," such was not the case with the report and accounts of the Dairy Farm Lee and Cold Storage Co., Ltd. for 1935 which was present- ed by the Chairman of the Board of Directors, Mr. S. H. Dodwell when he presided at the Annual General Meeting yesterday.
In his opening remarks Me. Dodwell said that he was glad to be able to report that there was little evidence of either of the above mentioned conditions but that did not mean these did not exist. The most stringent ecopiomy has been exercised in the operation of all departments, without which results could not have been so favourable." continued Mr. Dodwell.
"The year's activities were also reviewed and a final dividend nt $1 per share plus a 5 per cent bonus to the Staff were agreed
проп.
21
"T. B. Free" Herd
•
"
purpose of inspecting the Herd, the Dairy and Ice Cream Factory are to be had for the asking very few hvail themselves of the opportun- I assure ity. This is regretted. you the Farm is well worth a visit and I trust that more people will ayall themselves of the opportun- ity. In future,
an
YESTERDAY
་་
Gosano Wins
P.. Kong and Lal Kwong-tsun. the Chinese R. C. combination had easy passage into the round, when on the Club ground
encountered I would next draw your attention yesterday they to the Employees' Provident Fund Bathurst and A. T. Lay and had You will note that the sum of $75.- little difficulty in winning. They 568.03 appears on both sides of the conceded only three games:
played other match The only Balance Sheet, and that in both been cases the above sum has
was that between A.V. Gosano anKI short ruted to indicate that it does Capt. L. D. Mine in the Singles not form part of the Company's section. A more even game was Assets or Liabilities. This entry witness,ed, and Cosano just man-
to recover wel enough has been made solely for the pur-aged pose of showing shareholders that win, after his opponent had snat- the Staff do enjoy privileges of ached the Arst stanza by 6-4. Provident Fund and represents the
The results were as follows:- cash position only as a number of!
OPEN SINGLES the employees have taken the op- portunity to invest portions of their funds in approved securities, I may say that since last we met the change in the administration
of Trustees the Company has no
other integral interest in the Fund.
YEAR'S ACTIVITIES
to
A. V. Gosano beat Capt. J. D. Milne, 4-6, 6-3, 6-4.
OPEN DOUBLES
P. Kong and Lal Kwong-tsu-
JAPANESE SENT TO INVESTIGATE
of the Fund, to which reference beat E. Bathurst and A. T Lay,
made at the last Annual 6-1, 6-2. Mr. S. H. Dodwel was supported applied this year but unfortunately was
the losses and in addition to utiliz-apart from acting in the capacity ing last year's surplus of $10,328.89 left to cover the entire cost of the by Messrs. T. E. Pearce, J. Owen, the provision made did not cover Meeting, has been carried out and Civil Adminstration, including so-Hughes, R. E. Coxon and J. D.
The following shareholders were it was also necessary to add to the cial services and the many items.Thomson (Secretary),
$lso present:-Messrs. A. Steven provision made in prder to balance the account, The actual charge of essential public expenditure.
son, 8. T. Williamson. Frank Aus-
tle Wastage this year amounted to tin, S. Hamulion-Ross, A. D. Wylie, made in Working Account for Cat- D. MacFarren, G. Milne, Chan La!
$81,754.73. which with the balance Fan and Jan Kong-sang,
of $10,328.89 brought forward THE CHAIRMAN'S SPEECH brings the total utilized to $92.- 083.62. This actually represents the book value of animals shown under the heading "Sales and Deaths," less the amount realized by sales
Mr. meeting the Addressing Dodwell sald:
Gentlemen, The Report and Ac- counts having been in your hands for the prescribed period, I will, with your permission, take them as read.
SALES IN HERD
I do not think that further re- ference to the accounts is neces- sary for the present and will now
with our deal briefly
activities
Shanghai, Mar. 19." Two Japanese officials have gone to Wenchow, Cheklang, to inves tigate the alleged anti-Japanese activities of the local authorities who are stated to be blocking the efforts of Japanese shopowners lo were reopen their stores which closed down since the Mukden incident.- Keuter.
throughout the year, the most im portant of which was the opening in October last of a Cold Storage Installation comprising 6 rooms in Godown No. 28 in the premises of the Hong Kong and · Kowloon Wharf and Godown Co., Ltd. This In view of the explanation given Installation was built primarily for the purpose of providing facilities last year it may appear strange
cargo within easy access of the that a point of balancing the ac-for the storage of transhipment count should have been made. The
main wharves at Kowloon. I may management however, while satis-
for Premises has been entered into and
At the Annual Meeting of Share. the provision
is get too early to fed that, taken over a number of say that a ten years lease of these losses will prove more than ade- although it
prophesy, it is felt that the In-holders Directors will recommend quate feel that, as this is only the
stallation will prove a sound in a Final Dividend at the rate of 14 per cent. per annum subject to vestment."
£50,000 added to second year the scheme has been
Delivery services to the Magazine! Income Tax Gap and Sheko districts, were in- Pension Fund £25,000 written off in operation. It is inadvisable to saddle the account with a debit ba-
more years,
The Hon. Sir Henry Pollock in seconding the motion brought up a point on exchange; it may be a debatable point as to whether the Hong Kong Government would be justified in fixing sterling ex- change forward because it had some foreknowledge of the possi- bility of measures being taken to establish a managed currency; but
When addressing you from the Sir Henry Pollock rightly points
18 last Chair last year, my predecessor, in out that on September ho, as the mouthpiece of every one referring to the future, sounded a IN THE GOODS OF JOHN INGBAM of the Unofficial Members, urged note of warning when he predicted
or the Government to fix exchange "that difficult times and ANDREW, SOMETIME VICTORIA IN TEZ COLONY OF forward for all sterling commit-competitive conditions would have
KONG, HINA, ments. When the Unofficial Mem- to be faced." HOND
There is. I am glad to say, little AFTERWARDS OF DENNINGSTON, bers ask for protection for the tax- HIELDSE IN THE PARISH OF PTEROULTER AND, COUNTY OF Payers' money, their wishes should evidence of either of these condi- In this case the Hong tions in the accounts before you ABERDEEN, AND LATTERLY AT be met. 04, STANLEY STERET, ABERDEEN, Kong Government has taken a to-day, bus that does not mean SCOTLAND, ENGINEER, DECAS grave responsibility and we hope that they did not both exist. The most stringent economy has been they will be able to reassure the
exercised in the operation of all public on this point. In any case
departments, without which results we contend that charity begins at
could no have been so favourable, home and whenever the tax-payer
I désire, on behalf of the Board to the Govern · express our appreciation of the can be saved, he should be, always remembering that ment official is the trustee for the loyal manner in which the staff that accepted the measures which the tax-payer and we contend this fact has not, in the past, been Board deemed necessary to meet the situation, and I am sure that Both Mr. Lo and Sir Henry Pol- shareholders will thoroughly ap- always sufficiently emphasized. lock brought up suggestions of prove of a 5 per cent. Bonus which economy and two of them are im- the Board have granted and for portant, one not to engage any which provision has already been, more sterling paid servants with-made, as well as join with me in out consulting the Council, and congratulating Mr. Stevenson and the other that a real effort be the whole staff on the result ac- made to utilise the local talent.
hieved in an undoubtedly difficult We thoroughly commend this lat
year. ter suggestion, at the same time we would issue a word of caution, not in the first instance to engage too many. We state this, as the local talent is suffering from never having been given a chance in, the past and must be by now thorough- ly discouraged. There is no doubt that were the door opened to them,
All Creditors and Others are accord- ingly hereby required to send their claims to the Undersigned on or before that date.
"
Dated the 11th day of March, 1936, JOHNSON, STOKES & MASTER, Solicitors for the Executrix, The Hongkong & Shanghai Bank
Building. Victoria, Hong Kong.
[4278
THE HONGKONG FIRE INSURANCE COMPANY
LIMITED.
NOTICE TO SHAREHOLDERS
HE
new energy
would
encourage
lance.
4
made
CHARTERED BANK'S
DIVIDEND
Before passing from this item Istituted much to the satisfaction Premises Account. £181,037.16/1d.
of the residents there. Klosks for carried forward. the sale of Milk, Ice Cream and other products were opened in Tin Kau and Sheko, and both, I am pleased to say were afforded a fair measure of patronage.
wonder
In May last the Soda Fountain unit was transferred from our Branch in the St. Francis Hote Buliding to the Hong Kong Hotel where it is operated by us for the Hotel Company.
1
men rendered the Company. the valuable services these gentle-
I now formally propose, that the Report of the Directors and the the financial year Accounts for ended 31st December, 1835, as pre- obliged it some Shareholder will seated, be adopted and I shall be second such proposal, kindly whereupon questions as to the Re-
We are also operating the Soda Fountain at the Lido and feel eer-
SECONDER'S SPEECH factory venture. tain that this will prove a satis-port and Accounts may be raised.
a very
think you should know that less than 20 per cent of the losses was due to deaths. In fact there was less mortality in the Herd than for Sales were mainly some years.
of the responsible for the deduction of $122,219.83 in the value Herd. Last Spring a weeding out campaign was carried out and as a result of this step I am able to as- sure you that the standard of the Herd has been raised to a very high level: in fact the Herd is now free from as entirely certifled
In seconding the proposal, Mr. S. With a view to safeguarding our Tuberculosis a condition we are justly proud of. In other words all
Ice business the sale and rental or T. Willamson said:-Mr. Chair- man and Gentlemen,It is with our milk is of the same quality as
modern American Ice Refrigerators that so well known at home as Grade A T.T. which commands a
was started in June last and I am pleasure that I rise to second the Datry pleased to say that the depart adoption of the accounts now be- As to the future, some aspects of higher price than ordinary milk.
ment did very well last year. We fore us and I feel sure that share-
holders will agree that the present world situation might A T.B, free Herd is the justify me in reiterating the warn- Farmer's dream all the world over.
In our case, when we hark back hope to improve upon our Ice De- ing of my predecessor in this chair,
to the early days of the Company Every service this year and two satisfactory position is revealed, are due to our Board and to Mr. but fortunately there are phases of
of Ice Refrigeration are under con-
Stevenson and his staff who are encouraging and call to mind the stupendous or three plans relative to the sale and every credit and our thanks it which are more
sideration!. than they were last year, notably difficulties with which our prede- cessors had to contend, it is a
In April last a scheme for the responsible for this excellent show- ating on the past year's working- the promise of more stability in our
School exchange at a level which experi- dream that I venture to think few
was introduced and al-a year, by the way, that has been in many quarters to I some times ence has I think proved to be more of them though: would ever come supply of Milk to Children them to do their best and their suitable in the long run than a true, and
whether, notwithstanding our et- though the support was gratifying considered
we are hopeful that there will be have been most difficult, efficiency in all walks of life would high one for trade in this part of
forts to widely advertise the tact
an increased demand this year and glad to note that ample provision Increase by leaps and bounds. We the world." I shall therefore mere-
that the public really appreciate that it
that a few more schools will show has been made in connection with the Cattle Wastage Account and It is lightening to know that our high The cost of achieving our object interest in the scheme.
herd
a very attains such economy combined with efficiency has come true. will continue to be our watchword In our double task of protecting has been considerable since it has
standard. It is pleasing to note the interests of our shareholders meant the strictest application of
that further cold storage space nas and of giving a service second to veterinary practice and continuous withdrawals of animals from the
been arranged for in conjunction surplus of funds which it
with the Hong Kong, Kowloon, none to the public of the Colony.
Herd, but I am sure that Share- THE ACCOUNTS
holders will consider that the end was dificult to employ to advan Wharf and Godown, Co., Ltd. This tage, and knowing that an Interim should be of considerable assis- Turning to the Accounts "the pro-has justified the means. An "ade-
ling of our shipping and. Import fit on Working Account amounts to quate supply of Pure Fresh Milk is Dividend would be appreciated, tance to us in the efficient band-
your Directors decided upon pay- $675,891.56 which is only $4.757.37 undoubtedly essential to the wel- less than in 1934. As will be seen, fare of the Colony. In his parting ment of 50 cents per share. I be- and export business. The Chair- Depreciation on Fixed Assets has address, Dr. Gibson, who retired leve that this step had your full man has so fully covered the vari- ous points that there is very little approval, the Alice absorbed the sum of $156,196.96. in May last after having completed
was 38 years service in
The balance of Profit and Loss Ieft for further comment. I now some $10,000.00 more than
Memorial and Affiliated Hospitals Account for the year amounts to formally second the adoption of the Report and Accounts as pre- applied last year.
In view of the drop in the market used these words "I do not know $432,972.30 and the balance for ap-
how people can read, week after propriation to-day, including the sented to this meeting. value of our Investments it was
sum of $80,601.08 carried forward considered necessary to write these week, of 50 deaths from Tuber- down, and the sum of $15,000.-has culosis and not do more to cope from 1934 and less the amount ab been utilized in order to bring the with the dread disease." book value into line with the market value at the 31st December last. Although still in credit to the 000.00 has been placed to credit of extent of $4,495.47 a further $10.- Bad and Doubtful Debts Reserve
Ordinary Sixty-seventh General Meeting of Share- un the above DEBENTURES wij holders will be held at the Offices of feel convinced that His Excellency ly give you the assurance
the undersigned on Friday, the 27th the Governor approves of this sug- March, 1936, at Noor, for the pur-gestion. The transition will be pose of receiving the. Report of the slow but it will be the greatest step Kong has ever General Managers, together with a forward Hong
made
Recently "cuts" were made in Government servants' salaries. We
dividuals and ourselves strongly undue hardships on certain in- recommended an entire revision of
THE REGISTER OF DEBEN TURES will be closed from MON-statement of Accounts for the year DAY, the 23rd MARCH, tended the 31st Fecember, 1935. MONDAY, the 30th MARCH, both The Share Register and Transfer days inclusive, during which period Books will be closed from the 18th were against these as they placed
no transfer of DEBENTURES can be registered.
By Order of the Board of Directors,
O. EAGER,
Becretary, Hong Kong, 18th March, 1926.
(4284
UNION WATERBOAT COMPANY, LIMITED.
NOTICE TO SHAREHOLDERS.
THE Thirty-first "Annual General Meeting of Shareholdere will be held at the Offices of Messrs.
to the 27th March, 1936, both days inclusive. JARDINE, MATHESON&Co., LTD. General Managers, THE HONGKONG FIRE INSURANCE Co., LTD. Hong Kong, 6th March, 1996..
(4263
HONGKONG & WHAMPOA DOCK CO... LTD. -
inerits.
salaries taking each case on its In conclusion we have to thank the two public spirited Unofficia: Members for bringing up. these im- partant matters, as an unpleasant undercurrent has been going on for some considerable time which does not tend to enhance the well-being of the Colony.
TOTICE IS HEREBY GIVEN FAMOUS GERMAN NAVAL No
:OFFICER PASSES that the Ordinary Yearly Meeting of Shareholders will be held
Admiral Of Chinese Navy Berlin, Mar. 19.
in the Office of the Company, 21 Queen's Building, Hong Kong, on
Dodwell & Co., Ltd., Hong Kong and Monday, 30th March, 1936, at Noon, Shanghai Building, on Wednesday, 8th April, 1936, at NOON, for the for consideration of the Directors the General Managers together with for the year ending 31st December, former Chinese Admiral, has died purpose of receiving the report of Report and Statement of Accounts tain,
a 'Statement of Accounts to 81st *December, 1985.
1985.
The Share Register and Transfer The Transfer Books of the Com-Books will be elosed from the 21st pany will be Closed from 28th March to 30th March, 1936, bath days. to 8th April, 1938, both "Days inclusive.
inclusive.
DODWELL & CO., LTD.,
General Managers.
Hong Kong, 18th March, 1938,
[4292
Account.
-1
THE INTERIM DIVIDEND As you know an Interim Dividend of 50 cents per share was declared in October last. At that time we had
$251,430.00
The motion was carried, OFFICE BEARERS
4
I am
These two gentlemen were re- elected unanimously upon the pro- 10,000.00 posal of Mr. D. Macfarren. who
was seconded by Mr. G. Milne.
Messrs. Percy, Smith, Beth and Fleming were re-elected, auditors a re-
25,000.00
Dividend Le. The next item on the agenda sorbed by Taterim $125,715.00 amount to $387.858.38 was the election of directors 28 Mr. T.B.. FREE COWS. :
Gentlemen,
I think that the which your Directors recommend T. E. Pearce and Mr. S. H."Dodwell were retiring by rotation but being eligible offered themselves for re- election. $1.00 per share, ab- played their part in this respect Pay a final Dividend of Dairy Farm, can claim to have be dealt with as follows:-
sorbing in a manner deserving well of the Colony, for although the use of
Superannuation Fund Amongst our Liabilities there T.B. free milk may not cure Tu- And to Staff (Chinese) one item to which I feel special berculosis, it undoubtedly removes
Fluctuation Account .. It son of its nutritive virtues, un- The German former Naval Cap-reference is necessary. I refer to the risk of infection, and by rea-Transfer to Exchange
and the Catile Wastage Account. Frist Kretzschmar.
was explained to you at the last koubtedly also reduces the risk of Add to General Re- Annual Meeting that in order to Infection from other sources.
When we consider that there are Carry Forward insure, as far as possible, an even annual charge on account of Cattle probably not more then six herds He was a torpedo expert and Losses, which you will appreciate of cattle of a similar size in the
Since our last Meeting Messrs. may vary from year to year, a world that come under the class!- fication of "TB. free", the fact Joined the Chinese Navy in 1835
Cattle Wastage Account was opeți-
This Account was in credit that we can claim this highest of A. B. Stewart and W. G Goggin
The Colony's trade return statis. and for seventeen years trained the Chinese naval units and "ored." ganised a torpedo fleet. He re. to the extent of $10.328.89 at the all standards for ours constitutes retired from the Board on leav
Although "visiting like to take this opportunity of tics are unavoidably' bold over tired as Admiral of the Chinese end of 1934, showing that the pro- a real advance in the pure food ing the Colony and I should
vision made had been more than movement, Navy.-
adequate. The same scheme was cards" to view the Farm for the recording our great appreciation of owing to pressure on space.
at the age of 81. He began as a cabin boy and rose to the rank of Heutenant.
By Order of the Board of Directors,
E. COCK,
Chief Manager. Hong Kong, 12th March, 1986.
(4277 Reuter
serve
25,000.00 for the ensuing year at 76,428.30 muneration of $2,000. This mo- tion, proposed by Mr. A. D. Wylie $387,858.38 and seconded by Mr. Chan Hal
Tan. was carried unanimously.
The meeting then concluded.