1938-05-04

HONG KONG DAILY PRESS

COMPANY'S

CAPITAL REDUCED

Sandakan Light

"And Power Co.

10-TON

STAMP LIBRARY

IS SOLD

PRINCESS

ELIZABETH'S

BIRTHDAY

Princess

Elizabeth

twelve

years old. She celebrated the day by having complete bolkday The world-famous Library of from her school lessons and by philatelic literature formed by the riving a tes"party in the nursery Resolutions authorising the relate Mr. F. A. Bellamy, of Oxford.sulte of Windsor Castle. turn of a large part of the capital has been bought by Mr. Albert M. The King and Queen, Queen and reconstructing the balance Harris, editor of the Philatelle Mary, Princess Margaret, and the sheet of the Sandakan Light and Magazine.”.

other guests at the Castle house Power Co. (1922), Ltd., were ap

Mr. Bellamy was an astronomer, party invited by the Princess to proved at an extraordinary general but he made his relaxation the have tea with her, and she "cut meeting held yesterday.

study of stamps. His aim was to the big birthday cake, decorated The Hon. Mr. A. 1. Shields was form the finest philatelic Ubrary with twelve candles, which has, in the chair. Others present were

In the world for presentation to been specially made by the King's Measts. J. P. Bragu, Q.BE and B. Oxford University and he spent chef.. Princess Elizabeth act M. Churn (directors); W. H. Turn-over £3,000 in doing su

hostess to her mother and father, er (solicitor, S. H. Ross (accoun- The University declined the and she pour out the tea herself. tant), A. A. Botelho (secretary).citer.

Flags flew over Government 1. W. Shewan, A. Braga, J. Toppin.

(shareholders)

mainly owing to lack of accommodation.

GENERAL

MAY DAY PARTY WHY CHAIRS

NEED NOT

HAVE FOUR LEGS

People who are familiar with the classical styles of furniture often see in modern furniture a complete and 'even disconcerting break with tradition.

A close study of traditional styles, writes Đ correspondent of the London News Chronicle, re-

WEDNESDAY, MAY 4, 1938.-PAGE 3

GERMANY CONSTRUCTING

LARGEST AIRPORT IN WORLD

The new aerodrome at Templehof, to be completed in 1939, will

De tour times the size of the present one. Its length will be 11 miles, "making it the largest serodrome in the world.

It will be 10 minutes journey from the centre of the city, but will become more accessible when Herr Hitler's northsouth road is :completed

The airport hall will be 1000 feet long, and all planes will enter and leave under cover. The roof will accommodate 80,000 spects- tora.

tion.

fashions, the way in which it was suppress the way of the grain, to veals that. however much they made remained much the same make of wood a regular material may differ from one another, and assured a continuity of tradi-that can be used by machines. new style develops naturally and continuously from the preceding style, and all styles have certain basic principles in common,

While it is true that anything new is strange, modern furniture Picture taken at the children's seems to have abandoned even

The complete absence of wood- The advent of machinery gave carving and the rarity of french- modern furniture us an entirely new way of making polishing in furniture. At first machines were show that these are essentially used to imitate hand work- hand methods, of decoration, im- machines were regarded as a posible to imitate by machines, offices and public buildings in party held at the German Tennis these basic principles. An arm-cheap substitute for hand labour. Designers, too, sought materials F. J. Tavares, and J. P. Pereira The Bellamy library

But a machine has not the dis-other than wood, naturally regular Fans honour of the day, which ranka na Club. King's Park, on Sunday chair consisting of a bent steel crimination of a cabinetmaker. A and easily worked by machines. second only to that of the late a collar day. This means that

afternoon in celebration of May tube. or of a sheet of bent ply-machine cannot tell the difference such as glass, metals, and bakelite. Earl of Crawford, now in the those wearing decorations must Day. (Photo, A.C.P.).

wood, shelves without any visible between a knot and a piece of Designers of modern furniture British Museum.

wear the collars of their orders

means of support do they not re-

sapwood, and treats them both are trying to use an entirely new tradition that a chair shall rest on about the way of the grain. So ligent way. They are no longer present a complete break with the alike. "A machine knows nothing method of production in an intel-

four legs. a shelf be supported by machines used in imitation of torcing machines to imitate ear- two brackets, no matter how the

hand. work give second-ratelier hand methods of production; legs and brackets be shaped and results, and machine-made" be- they are trying to make more decorated?

beautiful furniture in a more comes a derogatory epithet.

modern way.

Your Board of Directors cons! der that the proposed refund of capital will not in any way inter-

fere with the carrying on of the Company's business and there is

nu capital expenditure which we can foresee at the moment which will not be within our means when the capital is reduced.

There will remain a surplus of cash. assets and Investments over Habilities in excess of $300,000.

•

It comprises iterature on stampɔ

and postal history in all languages, amounting to over 200,000 items.

and weights over 10 tons.

Many of the items are unique.

Mr. J. Toppin seconded and the resolution was approved."

As stated in the circular tai ··

WRITING OFF

Presents for the Princess from

the King and Queen and other CHINESE FUNERAL members of the Royal Family were placed together in a room at the IN ORKNEYS Castle. which the Princess was not i

Lo ̈Ah Kuda, a 23-year-old Chin- allowed to enter until her birth-1

ese seaman, was buried at Kirk- day.

Wall. Orkney Islands, recently br with fall Chinese rites. his father and other countrymen

The Princess Elizabeth of York Hospital for Children, Shadwell London announced that the Queen' had consented to Princess Elizabeth's becoming president of the Children's League of the hos

He died

on the Royal Fleet

REASON FOR CHANGE

MACHINES" CAPABILITIES

But it is obvious that machines are capable of doing some things.

The reason for this change of

The National Government, has style is a change in the method

All very well-who wants a hand-appointed Mr. Chang Chih-peng. a of production of furniture. axillary, War Afridi, at Lyness

hand. Throughout centuries of bulb? Designers of modern furni-post of Secretary-General of the Admiralty Depot, Scapa Flow, after classical furniture was made by made motor car or electric light noted Shanghal lawyer, to the hand work, carpenters, Joiners and ture sought therefore to find ways Judicial Yuan, states a dispatch to ceeding Mr. Haleb Kwang-sheng. veloped methods of working wood. for machine production.

The invention of plywood and who was recently appointed Minis- Although the outward forms of furniture

with changed

the laminated board is an attempt to ter of Judicial Administration.

shareholders. the writing down et The Chairman: I now propose the fixed assets will reduce the as an ordinary resolutinThat surns to be provided for deprecia-out of the reserves and undivided

In subsequent years, profits of the Company as shewn arst of the kind to be held by the burned, and food, was placed in the /cabinetmakers invented and de- of using woods that were suitable the Standard. Mr. Chang is suc- thereby assisting in the payment by the Company's balance sheet Princess

tion etc.,

of dividends.

SPECIAL RESOLUTION

pital. The appointment is the

as at June 30, 1937, the total summ-

The league. which was founded of $176.021.69 (which sald tota:

in 1934. fell into abeyance after It will be necessary to obtain an sum is made up by the appropria-the death of Mrs. Victor Seely. order of Court authorising the re-tions from such reserves and un-

ene of the principal organisers." turn of capital the resolutions divided profits proposed in the

who died in 1935. Its aim is to in- to shareholders. meet with your approval, and this circular issued

terest children in the work of the will have our prompt attention. dated Apr 4, 1938) be utilised in hospital. Lady Monsell, chairman

from the respective I now propose as a special re-writing off

value as shewn on the said ba- of the league. will hold a meeting Company be 'reduced from $500,000. lance sheet the following amounts.

viz., the sum of $78,564.55 from the of membership will be available.

solution: "That the capital of the divided into 50,000 shares of the

value of the Company's concession. the sum of $83,750.57 from capital

on May 4. after which particulars

(Manchester Guardian).

the vessel docked from Trinidad.

Joss sticks and candles were

grave.

Another Chinese les buried in the Orkney Islands in the naval cemetery on the Island of Hoy. He died of wounds suffered in the Battle of Jutland.

BRITISH GREED" IN GERMAN TABLEAU

Germany's demand for colonies was given prominence in a Munichi carnival procession recently, says

In yesterday's issue, in connec-the Daily Telegraph's correspon-

nominal value of $10 each, call of which have been issued), to $250, 000. divided into 50.000 shares of plant, and $15,708.57 from invest- $5 each and that such reduction bements, and that the resulting ba-" effected by returning fo the hold-lance of such said total sum be tlon with passengers on the Pre-dent.

Coolidge, we mentioned The procession was led by a ers of the said 50,000 issued shares utilised to create a new special resident

aymbolising that Mr. A. R. Bartlett was the tableau

"British (as shown on the Company's Share serve of $20,000 to meet any con- Register at the close of business on tingeneles In respect of capital Singapore Manager for Messrs. Greed." It represented the tradi the day when the said reduction plant. and that the accounts of Connell Bros. We have been in-tional John Bull heiding a card-: becomes effective) paid up capital the Company as shewn on the said formed that Mr. Bartlett is the board bulldog on a leash and stag-

of the General Milk kering under

globe in- a huge to the extent of $5 per share and balance sheet be re-constructed Manager by reducing the nomical amount accordingly.

Company in Singapore and has scribed with the colonies, while of each of the said laued shares Mr. J. W. Shewan seconded, and never been connected with Con-around were lavishly piled

nell Bros.

the raw materials Germany needs. the resolution was approved. from $10 to 35.

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