some means are devised of picking them out and controlling them, all must suffer for their fault. There are people at home whe wiil, no doubt, think that it is a sort of "damn nigger" feeling which induces this carelessness, but there is really very little, if any, of this feeling in Shanghal, and the impelling forces are only high spirits and want of consideration. In the course of a year there is probably very little harm done altogether; but there is enough to turs the sual good will of the country people in some villages into ill-feeling, and make them. ready to retaliate if they catch a foreigner in difficulties. It would, perhaps, be possible for some of the chief riding people to get together and concert measures for controlling the too eager horsemen. It might be possible to form the cross. country siders into some kind of a corporation, whose coramittee should have power, with the ausistance of the foreign consuls, to stop a man's alding if it was proved that he was constantly careless of what damage he did, so long as he amused bimself. What is to be feared, if some- thing is not done, is, that if foreigners who have been lll-treated appeal to their consuls, and the consuls to the Chinese authorities, these last will reply that the only course they can suggest is that the privilege of riding across-country, which we can hardly claim as a right, should be
TAI
THE HONGKONG TELEGRAPH, THURSDAY, FEBRUARY 12, 1891.
would continue. There was a substantial proft, and an item of about $10,000 as fees to Directors and auditors! Why this proft and this reduction of expenses of some $30,000 had not long ago been shown in the accounts of this company was a matter for the Directors to explain to shareholders who, in common with himself, had been heavy losers. ·Instead of everything going en regularly, things had drifted from bad to worse and had become absolutely scandalous.
The Chairman-I should like to reply briefy to Mr. Wicking. I think it regrettable that he has seen fit to use such a termins scandalous in connection with the affairs of this Company, for! cannot think that there is anything really wrong, and I do not consider that word, scandalous, in way way applicable to the matter. With reference to the Committee, na it was deemed undesirable to continus the sub-committee, that has been dropped and the whole Committee now directs the affairs of the Company.
Mr. Wicking-In making use of the word scandalous I meant that there was deliberate mismanagement. If your present Secretary was able to economise, as he undoubtedly has done in the space of one year, how was it that such was not done before? I attribute the losses of
CALLS.
Strenuous efforts have been made to collect all outstandings Calla on.shares, and although a little has been obtained in this way, there still remains considerable amount due on shares which are now liable to be forfeited without further notice.
CONSULTING COMMITTER. Mr. W. Parlane has been invited to join the Board and his appointment requires confirma- tion. Mr. W. F. Macintosh having resigned, shareholders will be asked to appoint another member in place.
In accordance with the Articles of Association; Mr. N. J. Ede and Mr. A. P. Stokes retire. The former does not offer himself for re-election; the latter in expected to return to the Colony shortly,
The Board desires to mention that a letter was
continue steps must be taken to procure more queram fr. Board meetings. In September antique guns which line the sides and dumbly last Mr. H. W. Dick consented to join the Board,mepice-pirates and evildoers, all form a picture funds.
but he will shortly be absent from the Colony as quaint as one may wish to aze, for a period.
Past them all we go, past the Chinese vessels It will be necessary at this meeting that the of war all »flaunt with figs, their ancient guns shareholders should come prepared to elect new (well-nigh harmless, except to the servers),
each like a pet poodle with a ribbon round | Directors to fill the Vacancies.!
its that, and contrasting strangely with the handsome armament we saw in the morning on board the Portuguese mea-of-war. They stood but lately opposed to each other, these 'vossils of war, the highest product of centu- ries of Chinese naval architecture and war- like design, and poor old Tortugal's graceful gunboats, which though obsolete and likely to prove of but little utility in battle with ||modern powers, could smash to flinders swarms of such vessels as China had opposed to them on the muflats of Mico. They fronted each atber, and war threatened, for the gun bost Rio Lima lay beside the boundary ready to check | the aggression of China, while the might of China, a fleet, some half-dozen, strong, of war junka promised aneihilation to Macao. On the China shore, opposite the Inner Prain, a fort sprang up. In a night, and one might look nowhere without seeing large red 'ensigns, and fresh earthworks. Mocso was fairly invested by guns and garrisons that a man with a Winchester repeater and a belt ofcartridges might almost bid defiance to
AUDITORS.
The accounts have been audited by Meur. L. Downes and A. O'D. Gourdin, who offer themselves for re-election.
A. G. GORDON,
General Manager.
STATEMENT OF ACCOUNTS 31ST DECEMBER, 1890. Assets.
Land and Buildings at Bowrington, Including the adjoining property at present occupied by the Steam Saw Mill
....8-87,019.52 || Goodwill........................ Stock Account :--
withdrawn altogether. Since Shanghai was ❘ myself and others to undoubted miamangement Stock-la-trade, Machinery, Plant, &c.,
opened the relations between foreigners and Chinese have been generally friendly, but there must be consideration and forbearance on both sides to keep them so."
` THE HONGKONG and kowLOON WHARF AND GODOWN CO., LD.
The fourth ordioary annual meeting of share- holders in the above named company was held in the Chamber of Commerce Room, City Hall, at noon on the 7th inst. for the purpose ofreceiving the report of the Directors and statement of accounts up to the 31st December, 1890. There were present:-Messrs. J. J. Keswick (Chal ma);EL. Woodin, D. R.Sassoon, W. H. Forbes,
During the foregoing remarks the Chair man warned Mr. Wicking that if he con. tinned to persist in the use of the adjective scandalous he would be obliged to exercsin the discretion vested in the occupant of
the Chair for the time being. This had no effect Mr. Wicking who, as far as could be gathered, wald all he thought justifiable in the cream. stances.
01
The Chairman then proposed the adoption of the report and accounts. Mr. H. N. Mody seconded and it was carried unanimously.
Messm, H. Hoppins and D. R. Sassoon were re-elected Directors upon the motion of Mr. M. Grote, secended by Mr. T. I. Rose.
Mr. da Reta proposed and Mr. M. Grete seconded that Masari F. Henderson and T. I.
and unfinished work on hand Sundry Debtors.........
Cash on hand................................................SLEINTAURAK
Liabilities,
received last September from a shareholder, suggesting on behalf of himself and others that Mr. Anderson be invited to take part in the active management of the Hotel, but in view of what took place at the previous general meeting the Board felt itself entirely unable to entertain the proposal.
AUDITOR.
-
1.
The accounts have been audited by Mr. Fullarton Henderson, who offers himself for re- election...
JAS."B. COUGHTRIE, Čhairman (pro: tim.) Hongkong, 4th February, 1891.
Capital $200,000, divided into 5,000 shares of $50 each. STATEMENT of accounts for THE YEAR ENDING 31ST DECEMBER, 1899, Liabilities.
4,000 Shares each $15 on
Ellotment .................................................... $60,0 30,00 FirstCall $10 per Share on
4,000 Shares.$40,000.00
5.500.00
64,528.97 16/555.58
Capital:-
5.31
$173,609.48
Le 135 Shares
not paid-dp... 1,350.00
38,650.00
Second Call $15
per Share on
4,000 Shares... 63,500.00
Les 871 Shares
-$88,200.00 45,000.00
not paid-up... 3,065,00
46,933.00
13.020.05 13,637,84 13,751:59
Debenture Loss :→
$173,609.48
650 Debentures each $100, handed A. Findlay Smith as per Prospectus Hongkong and Shanghat Bank...... Sandy Creditors.
PROFIT AND LOSS ·ACCOUNT. Dr.
$149,585.00
65,000.00 24,318.69 75.00 $134.978 69
Capital Account Authorized Capital 6,000
Shares at $as cach..............$150,000.00 Subscribed Capital 4,000
shares...nunin 100,000.00 Less unpaid calls
11,800.00
Mortgage on Land and Buildings ... Due to Mongkong & Shanghai
Banking Corporation...................
Balance of Profit and Loss account....
D. E. Sassoon, C. P. Chater, and H. Hopplu Ross be re-elected auditors for the current year! | Sundry Creditors *******
(Directors); L. Foernecker, J. F. C. da Hota, F. Dodwell, H. Wicking T. 1. Raie, F. Henderson, D. MacCulloch, G. S. Coxon and E. Osborne (Secretary).
The Chairman Gentlemen, the report and accounts, which have been in your hands for some time, will, I trust, have enabled you fully to understand the present position of the Wharf Company, and there is not very much for me te say in respect to the figures before you. The fret polat to note. is the improvement in the earning power of the company from its legitimate wharfing business, and the economical cost of working which has been found practicable. Exclusive of interest, comralesios, and other extraneous sources of revenue, the following figures show the profits derived from wharfage, storage, landing and shipping alone since the company commenced its work, and for purposes of comparison will no doubt be considered inter- esting:
·
|
Carried new.com.
Chairman and Board of Directors which was Mr. Grote proposed a vote of thanks to the carried by acclamaties, and duly acknowledged by Mr. Keswick In behalf of himself and als colleagues on the Board.
With the announcement that dividend' war. ants would be issued forthwith the proceedings
terminated.
A. G. GORDON AND COMPANY,
LIMITED.
The second ordinary, meciing of the above Company was held at the Hongkong Hotel on the th, inst. There were present:-Ments. A. G. Gordon (Chairman), W. Pariane, R. G. Shewan, A. Duer, W. Judd, W. S. Taylor, W. H. Potts, and J. V. P. de Jesus (Secretary).
The Secretary read the notice convening the meeting.
The Chairman-Gentlemen, the report and accounts have already been in your possession for same days and with your permission we will take them as read. The only point that requires reference from me is that of future capital. W want more funds, and unless we call in the balance of calls and make further charas for the 'outside public we must, break up. The result of the years' work has been better than the fast, and we have had all the stock revalued by an outside gentleman, an shown on the report. The business has been good and we could declare a dividend to the shareholders, but we must have a working cauital. Some of the shareholders have not yet paid their calls, and the remaining shares are set fully paid up, so that if shareholders End it at present to be best to wind up, there le nothing farther for me to say. I shall ba pleased to answer any questions the share- holders would like to put. If there are none, I beg to propose the adoption of the report.
Mr. Judd-Could we get none of the unpaid calls?
The Chairman-Yes, some have promised to make an early settlement, in a month or so, together with interest.
1
Mr. Judd-Will that enable you to go en The Chairman-Yes, but it is not that It's the demand on the land.
1887 Nett samnings ................................$54,138,98 *BB*
...............and '59,182.53 1889
........ 33,824.11 1890.
....................... 78,585.19 which figures, you will observe, show that a great development has taken place during the year just closed. Storage alone lacreased to the extent of about $ro,000-and, It would. In all probability, have bean greater, but for the strike in Australia and other minor causes. On the rat of July one hall of the West Point property waare- Inquished and we are in consequence liable for less rent to the amount of about $11,000, There is a pleasing absence from the sccounts before you, you will be glad to notice, of those extraordinary items for claims on account of short deliveries, damages, &c. - which in the previous year amounted to nearly $12,000-and think we have reason to expect that there will be no recurrence of there. The premises and property of the Company generally armail is thoroughly efficient working order, including launches, lighters &c. In looking down the Items of capital account, you will observe that there are sums charged for new buildings, additions, alterations, - &c, upon. the steam launches; these are items of expenditure which might be regarded as adding to their permanent valus and so have been placed to first cost account, but the Directors, alace the accounts were issued, have come to the decision that in future accounts this is not to be done, and a re-adjustment will be made. Thi lavoches, I may mention, all stand in the books well withla their value. The reclamation at West Point has been rather delayed by various occurrences, but is now progressing satisfactorily, and will be completed, we anticipate, in the course of the year. You will remember that Committee of Investigation was appointed by the shareholders in August last and they want very thoroughly into the working of the Company's business, and the respective reports of the members of the committos received the due attention of the Board. These reports are at the disposal of shareholders on application to the Secretary. There does not occar to me anything which I can usefully add to these remarks, but I hope shareholders will The Chairman-Well, if there are no further be satisfied with the improvement in the Com- questions, I propose the adoption of the report, pany's earnings. Before proposing the adoption Mr. Shawan seconded, and on being put, the of the report and accounts, I will be pleased tomation was carried. furnish any Information I can to any share. The Chairman—The next business is to holders who may wish to ask me any questions, confirm the appointment of Mr. Farine as one Mr. Wicking and, that in view of the of the coasting committed and to appolat discovery by the Committee of Investigation of another member in place of Mr. McIntosh, very gravedefalcations in the accounts of the com« pany, for which the late book-keeper, Mr. Apenas, was proved responsible, it was regrettable that the dractors had not yet offered any explanations to;
Mr. Judd-The calls are not sufficient to meet that demand.
ik
The Chairman No, and it leaves us without any working capital.
dr. Shewan-Waald the owner of the land not waire his right for a time; he is getting good 'Interest on the mortgage, ·
The Chairman-Yes, I do not see but what arrangements might be made and allow us to contfans.
Mr. Shewan-Gire the Bank a-second mort. gage,
The Chairman-If they would accept it; but I rather think they would not, because it is not not their business.
Mr. Shewan-I do not see why they should. or, if the calls can be gat in, as the Company would then be in a good position.
The Chalsman put the same to the meeting. Carried new, como di
Mr. Faite proposed, and Mr. Judd seconded, the re-election of Messra, L. Dawnes and A. O'D. Gaurdia as auditors, which was carried unanimously,
Charges Account .......
Crown Rent and Taxes..... Interest...... Auditors' fees Balance
Cr.
Balance brought forward from last year's working account...$3,020.92 Less amount writes off as
242.75
Happily the dogs of war, chañng so restlessly in their leash, were not let loose. Peace broods again, the Rio Lima has gone back to her proper. anchorage, and though the forts still stand, their guns are put to no more harmful purpose than Suting mandarins,
But now wo draw near to the guard-boat Zung .. Li, an ancient junk with an armament of 6 guns and a stand of antediluvinn muskets, and a crew of twenty-two "braves" On this staunch vessel, for the better supervision of traffic and collection of durs, the Chien Sban office is placed.
Jest outside the large gate which forms the 'nominal boundary between Portuguese and Chinese ferritory stood a small cage upon n pole, the contents of which I examined with a kind of wry-faced, shivering interest. It was a man's head that had paid (I was about to say) the. penalty of the crimes once planned within it, but. that could not be, for it could have paid nothing, being a dead-head. It was indeed very dead, horoughly dead, and had been for almost a month, and yet the sun is sa hot here that it. was not spoiled, not actively spoiled I mean, but mammified and made parchment of What struck me particularly was the skill the execu
ioner showed. The head that could plan such leeds of violence as this man's hands had. executed was wanted, and the head alone was taken and hung up here to be the sport of every passing breezs, and to form the theme of wanton jests for curvy punsters. (Scratch, gentle reader, that silly joke, I regret it. There is too much majesty in Death even when he sits on the brow of so poor a rogue as this for right-minded men to do him such irreverence). And Shylock possessed the skill of that execd. loner he might almost have claimed his bood, I am in Macao again when through that gate, and I'm through my letter too, for pay day's: rione.~Chiniša Times.
THE DEATH OF THE PRINCE CHUN.
The difficulties which were to be apprehended on the demise of His, Imperial Highness Prince. Ch'un, father of the reigning Emperor, prove to have been carefully prepared for by that pre scient, clear-headed and resolute lady, the Empress Dowager. The anomaly of a reigning sovereign, having a father living "has been" pro- dective of many inconveniences both during the minority and since the coming of age of the As the launch draws near, one of the twenty- Emperor, as the forma of respect which Chinese `two "brives”áprings to what might be called tho | law and custom prescribe for a son towards his poop, and plays most stirring `martial airs upon | father could not bat clash with, the obeisance gong (I've no doubt they consist mainly of a due from the subject to the Sovereign. Besides, Chinese equivalent for "The dollars are the ceremonial cruz was but the outward ex- coming tra-la, tra-da,”—which sounds most pression of substantial dangers which lay deeper sweet to the tune "The Campbells are coming").and were hidden from the public sight. The result The musician must have blessed us, however, has been apparent enough in the nondescript for unintentionally we made a jest of him. In position which the Prince felt himself compelled the middle of something very heroic and line in to occupy in the Government, Conscientions, the gongist's best manner, the launch, pay patriotic, public spirited, and anxious to more officer, dollars and all, went speeding past with- with the times; the Prince was yet not an out so much as “Thank you kind! ;." by way of ] aggressive rian, and, especially since bodily |│recompense. There was a launch lying in a health failed him, he has shown himselfpeculiarly protected spot some two miles up the river nsitive to public opinion, and may almost 9.129.84 undergoing repairs, and to her it was more cor- indeed be said to have lived in chronic fear 1.883-14 | venient toʻga first. ........ But when we returned the of the Censors. If all his efforts were not
613.04 gong was mute.
paralysed by these feelings his best intentions were frequently frustrated by them. It can hardly be doubted that it was the delicacy of his position rather than constitutional timidity that conduced to the retiring habits and caused the feeming irresolution of the Prince, for he knew well the jealousy with which he was watched by influential parties within the imperial circle who had probably never gone much beyand "sombre acquiescence" in the succession itself.
Assets. 468.68 Land and Buildings cost to date......$195.241.05 3,116.47 Furniture cost of date. mume .......... 17,807 44
150.00 Steck 13.751.59 Sundry Debtors.......
Casb.......... $ 17,799.49 Unexpired Licenca (11 months)
Balance to Profit and Loss
per last report....................... 1,438.30
1,582.62 Balance at Credit of working aroun!$ 14,256.87 Rent of Saw Mills...............
1,936.00 Transfer fees
E.&O.E.
A107
"Wages, Chinese and Coolle-bire.
REVENUE ACCOUNT.
Dr..
To Provisions........
Rent, Cragieburn...........
H
Salaries**
4.00
Wines and Spirits...
$17,799.49
#t
Chriget......
Coal and Gas
IT
Interest
Washing
Office Reat......
Stationery, He..
A. G. GORDON,
General Manager.
We have cempared the accounts with the books, and vouchers at the Company's Office and found them correct.
L DOWNES, A. O'D, GOURDIN, Í Hongkong, 4th February, 1291.
Auditors.
13
PEAK HOTEL AND TRADING COM-
PANY, LIMITED.
The following as the report for presentation to the shareholders at the second ordinary yearly meeting, to be held at the Hongkong Hotel at noon on Saturday, the 14th February, 18:-
Gentlemen,The Directors now beg leave to submit to shareholders their Report with State- ment of Accounts for the year 1890.
ון
Bad Debts....
440.00
Further and greater honours awaited us, to -9,86398 | make us feel, not like Ceasar who refused an offered crown, but somewhat as if royal head. $234 97%.69 | dresses really adorned our unclassic brows. For, having boarded the guard-boat and paid all hands, as we stepped into the launch's gig to go ashore, three guns stirred the echoes in the $8,818.64 neighbouring hills. So they bonour-more I 6,000.00 fear the almighty Haikwan tael than the pay
Deferred by prudential considerations from 4.050.00 officer.
Here I bade adieu to all my greatner. My openly taking the leading part in the administra. 3.473.25 2,840.91 crown became a clumsy aun-hat, my chariot a tian which rightfully belonged to him, and yet 3.271.22 chair, my only retainers three dirty chair-coolias, both unwilling and unable to divest himself of 1,469.02 two to bear me and one for relief. Two small the responsibility, the influence which he brought inland stations still remained to be paid, and to bear on affairs, as well as the influences which 396.78
were brought to bear on him, had to a large er. for these we were bound. 360.19 360.00
Chien Shan is some six or seven miles from lent to be exercised through private and indirect Macao by land, and how the three chair-coolies | channels, in which much of their force was ucces- 32215
managed to carry me that distance with, but Barily lost. One of the most obvious of the results 211.70 150.00 three stops of about five minutes each is a of this state of things has been the aggrandize- 100.75 marvel. The scales had but a day or two ment of the Viceroy Li Hung-chang, on
before given a beavy verdict against me, but | whose broad shoulders was thrown the whole. $30.825.71
the puny little men walked off briskly, seem- | responsibility of the Court policy, whether he ingly little concerned at the weight of their fare. actually approved of it or not. The day was hot, as an unclouded 31st of July is as a rule in the tropics. The sun seemed not content with shining down, and came in at the front of the chair, through the back, the sides, everywhere. Whenever a bright stone or spot or pool of water was found, there from its polished surface or stagnant depths a malicions formenting little sun glared up at me. I thought: "Now, by my life, this day grows wondrous botj. an airy devil hovers in the sky and pours down mischiel."
Auditor's fees (Pyears)........................ÚROVE
Insurance NALAZE
·Cr.
By Gross Earnings for the year 1893.3 26,431.07
Scrip Fees............................................................
85 oo Lose during 1890, carried to Prost". And Loss Account ..................... 4,329.64 $30.825 71
PROFIT. AND LOSS ACCOUNT. To Amount from last Account, Loss during 1889) TASTE) REILTOJE
Balance from Revenue Account "during 1890........
5,534-34
4.329.64
$9,863.98
They regret very much that the accounts show a loss of $4,329.64 on the year's working. The general depression is the Colony during 1890 Han adversely affected this Company, as it has other enterprises. The Board has been much embiraised by the failure of many shareholders: to meet the cells due from time to time. A By Amount carried to a new Account..$ 9,863.98
number of shares have been declared forfeited
in consequence, but no action bas, up to the present, been takas either with regard to the sale of such shares, or the prosecution of default- ng shareholders, under the existing ciramstances of the Colony,The amount of cells due bui unpaid, at the close of the year was $14,415, The final call of $10 per ahurs became dia en the 20th January,
PROPERTY,
The building of the Hotel is complcted, and the interior Siflags will be finished in a few weeks. A portion of the new building was opened for business on the rat May last.
CRADIEBURN.
FRAK HOTEL
Since the opening of part of the building in May the results have been encouraging and indicate that the losses sustained hitherto in the working have been selely due to the unfortunate tenure of Craigiebara,
$9,863.98 I bave compared the Accounts with the Books and Vouchers at the Company's Office and found
them correct..
F. HENDERSON,
Auditor. Hongkong, 29th January, 1891.,
But the complications of the Prince's position while living were trifling compared with those. which, had the contingency not bean so well provided against, might have ensued on bis death, for with the Chinese death is a more important state than life, perhaps because it lasts longer-and relationships which may be temporized with daring the transitory period admit of no ambiguity"
once the grave has scaled up expectation."
Thess risks, and probably many others of which we know nothing, were clearly forensen by the Empress Dowager when, on the prema. ture death of Tang-cbib, she took the infant son of Prince Ch'un and placed him on the Dragon Threns. The discontent created by the Irregularity of the succession was promptly smothered, the one Censor who dared to speak openly about it making himself a martyr by committing suicido sa ho handed in his mento rial: The question of the rank of the prince was allowed to sleep during the minority of the Emperor, but about two years ago that some what officious person Wu-ta-ch'eng, flushed with his success in closing the great breach of the Yellow River, sent by a suggestion to the Thrane that some high honoura should be conferred on
It is a question which has long exercised the The way led over plains amid the inevitable, minds of meditative Chinese,-How would the Innumerable graves to be cacountered overy: Emperor treat his deceased father? He could not where in China. With what strange indifference worship the tablet of one inferior to himself; we foreigners in Cathay soon learn to look upon would it then be necessary to promote the de these last resting-places of our fellow ment At ceased to fall imperial rank? If so, it would follow home a cemetery is a sacred place. But here that all the heirs of the posthumously created we sit down amid the tombs to champagne and | Emperor would possess a statua many degiest sandwiches as composedly as in a ball-room, | higher than would belong to them as mere off- and even the thought of that other gruesome shoots of the Imperial house. Interests other banquet going on beneath our feet is not enough than those of mere tank and dignity are involved to stay our merriment. All kinds of graves are in the fisse, amply sufficient to breed divisions here, from the mud-heap of a pauper to the and bitter animosities among the parties con- prince's mausoleum. We passed two long cerned. Questions, similar to, if not quite rows of mounds regular order, Elke soldiers Indentical with, this have arisen in the course of graves. This is where the dead from the cholers Chinese history, and for want of a firm hand to of three summers ago lie. Ne painted tomb for grasp and settle them in the egg, have developed the prince whose summons came in those days, political conflicts of disastrous magnitude.' It is PAY DAY AT· LAPPA.
If the enemy got him, he was stuck under ground. | said indeed that 'a split of this kind was among with Hitle more ceremony than the beggar at the causes which prépared the downfall of the Being in Macao on the 31st July, I accompanied his gats received.
Sung dynasty. The incident is 'specially re- the Customs accountant on his tour to pay the But what a prosing stupid I am I The little ferred to in the Edict which appears in our men at the Lappa. Customs Stations near by, brats bowling into my chair remind me of my ¦ Peking Garoffs translations. In accordance with the wishes expressed by At 9.30. .. we embarked on one of the duly to finish this article some time during the the shareholders at the last general mecifng, the trim litla revende, steamers, a miniature reign of Kuang Hsü. The plain is passed and Directors endeavoured to obtain a modification man-of-war, for Malow-chow, the main station we are now in the midst of a Chinesa village, of the terms of the lease, but were unsuccessful. | of the Lappa Customs. The isunch is clean
First one small mud-daubed urchin thrusts his The house was closed on the 31st October last and bright, not a speck on the Norden-impudent face near the chair, sees its occupant and the furniture removed to the new promines, feldts, on the brasswork, or on the uniforms and screams: #Al Yah ! Fan-kuel, fan-knel!? | since which date the only expense incurred has (while, with red sathes and board brim. Then another comes and another, sutil a chores been the monthly rental and the wages of ■ med straw hats) of the crew. Steamlog of shrilly-uttered "Fan-kuels" fill the air, Pollt, Mr. Duer proposed Mr. Jadi, but that gentle-watchman, Every effort has been, and is being down the harbour among sampans, junks, and aren't they? But do you blame them? Not 1 man refused.
made to sublet the premises.
native craft of all descriptions, and boarding two any more than I do the poor little chameleons Mr. Taylaz secunded the re-election of Mr.
other launches on the way, we finally reached ofthe plain, which, all alert, with heads upraised Malow-chow, barrea, desolato rock, merely a dart aside in an ecstacy of fear my approach, rock, from which access to the shore can be had I indeed only wonder the whole country side is by boat only. Upon its bald face cling several not up in arms against me. I know toe well rade Chinese houses, the residences and offices how outrageous may appearance Is, (with ca | of a large Customs staff. Here we land and pay | great enn-hat turned wrong, sida forcmest for the men, returning then to Macao for tiffin and comfort, and myself twisting for the same reason among the in-door staff and the natives of the each one less human, the the one before, to distribute the LG's bountiful largesse into a variety of unimaginable contortions
to feel either displeasure or alarm that any Hving
jess-Dowager, as recorded in the Pelleg steam. for Chien Shan Station No. 2, situated However, the village is small we are soon Gastile of 4th March, 1889, and Her
This Sone wo board the faunch again and thing should fear or fear at the to some three or four miles up the river whose Larough it, and I now and myself tremblingly Majesty then teak occasion to divulgo the shareholders at the yearly mesting (olewing
mouth forms the Inner Harbour of Macao. This palaed over black abysses of mud, covered occas the purport of an Important state paper aaron trip is the most pleasant part of the fionally by a sheet of waters at least I presume which and boen, kept secret for Oficin He bailaved the deficiency and been made good,
day. First the long, quiet steam up the river, there is water, since tick-grom-slime abounds. years. This was a solemn disclaimer by the but the shareholders had no insane of knowing)
conducire to plassant thoughts and good diges delightful bath for hot buil frog-but for Prince, on the accession of his son, of
any unlais the Directers offered Inciă explanatiosa.
The following is the report banking s He, as a' shareholder, would be glad to know I have now to submit te sharshalders the
ton after the heavy time made secessary by the man unmaitable. These ridges between the special diguities, or titles for himself, #ForS
(the dangar, that was likely to ariss. If the resses of the course pursued" by
sus, comfortably alsopy, breathing incense from bilsstal it is toʻsif, wall protstand from the blazing, and í sametimes ipar me for my borrowed sun. Directorate
anding gist December, 1890 medan ERANC
favour with their sovereign by adducing instances The Chairman-is reply to Mr. Wicking, o After deducting all salaries, charges, and other
cigar or cigarette, and: gliding over the dimpled *If I were taked to zima the happiest being from Mistory In order to persuade him to ezált course I must make some explanarion, I than purest expenses, there remains in, balance at
waters; to do nought but admire, on the one I have, met to-day, I would, point" to one of his parent, the Prince represented, that "1" thereason will be considered vary satisfactory. An ↑ credit of Frost, and Loss account of $13,751,59 These amount to $65,000, at 63 per cent, per side Macao's ancient forta, time-wom.temples,|| the" great ungaluly hippopotamus-like water- were best that no honours should be conferred kir, Wicking says, $1,400 was found was af orkar. - ind it is proposed le deal with this amount se
'sanum, to be paid off in five years; interest Our late book-keeper, Mr. Apeaes, overdrew his followson for facauneration to Consulting commenced from 31st December last, and is the Galant lighthouse, and the deuse, verdure is buff loss, whose heads only appeared above the fo such a case, and he prayed that this might the Garden of Camočne, soft nestling mid roofs Village pond." Not, pretty pond 1 more mud be publicly established as the rule for the account to the extent of $1,400, and rather than Commiteer and 85,500 written off, Goodwill payable half-yearly.
summer than water and more green than either, future, S of gray so the other, bills and fields and sasa. Le But how happy its occupants looked as they lay the importance of the questions wrapped let the company lose that sum the Chaliman, acpyist, ldering a balance of 17,951,59 carried mande up the deficiency
counts This result of the vard, to new" | ROCHERA,"
In April last Mr. B. Layton, retired from the tha, bite. ses-and the bluer hills, that look under a tree, áll: submerged, but, their hendi, in the apparantly simple matter of hoporary Mr. Wicking The Commilting of Investigation, produkujork taj a very satisfactory one, and Board, as was istimated to the shareholders by toward Hongkong Junks afar off on the which were needed above water to breathe with Lites to how by the fact that no CONCATA fongd reveral coporta documents and feared the present state of the Company's in Chaliman at the last general meeting. The ocean's bosom, their sails, which haro thend to sleepily Frust their catsfaction, What State, except the eclection of the successor to boom of the Company missing, and the anates francés kill mas permail of a division of the tacties of Mr. Jas; Anderson, whe; on the seeming of huge butterfly wings, gilded with perfect picture of bilasful contentment And Tang-chih has aver dined the raling panda te ́of the Company, in a most disgraduful state.
white among shañolokkers. The Company has faritation of the Directors and occupied, a seat the sun, are full of grace, Tanks, nearer seen; mud Ab, sighed my companion, there such auralaing vigour and promptitude of action With the present Secretary the scópunk, under,
Mains pound from the whart by want of dufficient at the Board for some time previously, was not under whose heavy-timbered eldes wo sidam, or is theiras ideal, there only the wicked seeing most to belle the Chinese character. the hearing, coolla kire had beta, granily sis, and we will, be seen from the account is confirmed by the same meeting, wer were the which the vehement scolding of the fence little coase from troubling and the lay may find The renunciation" by "Prince" Ca'ani prored reduced lië Why i could, that as" have: bos
running of the present done, belera) Hakud no hesitation in
sumber to fill the vacancias. - Tais placed the fantastic, strangoo,not lovely, --The old structura | Na polítics" "to" trouble: skrm='no' iChlosse la scarcely out of his body, when Her Majesty, that the Company's slate, were in a
solutely, meccsary to the
Scotiary to the proper remaining Directors in a very unenviable and, of, the posts, themaal gra the miscellaneous neglected, to Commissioners incensed, no money the Empress Dowager if ready with mouka Pochodkowa war when the new "Elcretary, werkdag of the business, tant the Company difficult position.. Mr. Andersen's cooperation, crews of men, women and children: the latter mended, no silly girls, to turn their heads and trump card in byrywhichan ske iz Intends✨ still accepiad affice. The accounts" were: cértafel” Shaad: balable to carry a large steckt, of war,charidared by the other members of tha:) for the most part, clad most hanithfully, in dirt | make them greater fools than natum wished, to; control the game:irla, the Edlets which fura most disgraceful'state' at thertima,”
Mertala milch cannot be purchased to advánt--| Board is very useful and beneficial to the Come and sunshine), the pigs, diçka, and chickama, mis | Would that I might lie with the woft bovines to appear (as their place in our Prking. Gastle curtiduly appeared to be going ya: better "In the Colony, thick want of capital is now, pany, and further, with only three stambory it squale in Akase compact, republicans ha dons a cool pond not unlike in somus respects, would translations the Empress musicas clear her inzena poticut, and he kepth the change for king tuto vurmur line and i teraseria 13ter' ' har boet ler stort of the Year AlNoun te ontain: Irivalling is milledy our screaming whimsy ste i shot 3 inight limitate them in tiid/aging lion of nipping in the bad say kind of agitation
the shareholders. It was distinctly shown that sum of $1,400 was not accounted for, and that should have bien explained to the shareholders. He thought, he might, as well quote from his repert of investigations thus * Defalcations of the late book-keeper, Mr. Apeses. I wlabed to, put cerials questions to the Chairman of Committee relative to this aquiry. Under, these circumstances, I think the Interest of the shareholders, that the present Chalya wauld do will to enquim why, these defälestisas wére nét, disclosed te
Mr. Pets-Venid Mr. Eds become a member of the commliten ? | The Chairman---Ha is set at present in the Calesy.
Mr. Fetts thought he might be asked The Chairman maid that was all the business, and having thanked those present for their attendance, the precoudings terminated.
FINANCE,
shortly to be made to the amount of abest Payments to the contractors and others have $40,000, te mest which the only availabis funds are the preceeds of the final call, about $11,000, less the amount advanced by the Bank, $24,000 which leaves a balance of about 87,003 to meet Habilities,This is's matter which calls for the carafal consideration of the shareholders. The reason of this difficulty, as stated last year, is that the original proposition to add to the o bungalow was found xtterly unsuitable and antalled greater expenditure than the complete
Head Office.
than appeared on the face of his memorial, His the Prince, meaning no doubt a good deal more prepossi was promptly stamped upon by the
the ↑ kasized statement of acceiate for the year undesirable, and would, besides, have 'eventually morning exercise and fresh air, a Conceive how † paddy afford precarious foothold for the coolies, wess officers-shwold ́endeavour to curry
and commodious Hotel now built,
DEBENTURES,
D DIRECTORS.
|
Aky
wwrking capital wästevarmingke without any shareholderu prasent able to induce any of their, 'shrili-voiced whistle, ordezu out of our WAY, ars | peace in laziness and enjoy laziness" in poser efficacious during his life-time g' and the breath-