understood the laws of England, or any part of the British Empire where they held, he ventured to say the case must have resulted in a verdict of acquittal. The question was whether A conviction to this case had anything to do with the interests of the Club. It was a most extra
ordinary thing that a man should be expelled
because he was convicted by a jury when that Jury was divided. He (Mr. Roblason) had said only what he had to say as an Englishman, and e had given them his reasons for It. The speaker then touched on the question of the validity of a rule which had not been made retrospective. He pointed out that Mr. Fraser Smith was convicted, whether rightly or wrongly, In November, and this rule was made in February. Could such a rule take any effect with regard to what had happened two or three months before, and was not the policy which the Club was now pursuing a mistaken one and one which might fand them in serious financial difficulties? Were they prepared under the circumstances he had mentioned to run the risk of having to pay the costs of any case that might.enste from their action.. In conclusion he said it was his intention to oppose the motion for the confirmation of the resolution and he hoped those present would do the same..
THE HONGKONG TELEGRAPH, SATURDAY, SEPTEMBER 26, 1891.
'diedleating we'ves against the false asper-wenty times, having never furnished us with any
sions and despicable allegations of this gentleman bere (panting to Mr. Fitman) would ask Mr. Francis now, and I am sur he will tell me, whether it would not be just in well, seeing that the case has been postponed
on the subject, and that a gunbost have been despatched within a few hours, bu for the fact (as has been explained in Counch) that certain hindering formalitles had to be gone through. No blame can be in any way attached to individuals, but the system was proved faulty. and it is to be hoped that the regulations have
sine die before going farther trailow the directors
Intimations.
NEW GOODS JUST TO
CARPETS.
and we had a gay old time going through the CA
recount, Mr Pitman has been occupying the properly ever sincethe transfer, he has collected rent from various tenants, but he has never paid a dollar into this Company I bave had a statement of accounts drawn us by Mr. Hurley,
Supreme Court ng Inst Mr Pitman, Mr. Skerls, exhibition of senility I have ever seen. They this Company to vindicate themselves in the banks. They show the most extraordinary Mr. Maclean, and myselfate prepared to go into also show that Mr. Piman Indebted to the Court whenever the other side are realy, and are Company for about $1,700 for rent and moneys epired to disprove the allegations made by received without any authority. I have not Mr. Pitman, and are prepared to prove that the-come-here to abase Mr. Pitman or any one else, fraudulent. I think youwill agree that I am justified affairs before the meeting, and affidavits made by him are absolutely false end bnt to lay a plain statement of the Company's in asking you and in asking Mr. Francis, whose legal opinion is invaluable, if it would not be better to arjun this meeting until after the settlement of the issue that has been raised in the Supreme Court.
that question?
Mr. Francis-Do you really wish me to answer.
1.
The Chairman-I-shall be most thankful to you if you will.
Mr. Francis Then I must say that Iurder. stood that the sole object of calling this meeting was to meet that application and to put a stop to
•heen held..
how it is the directors, with a knowledge of this Mr. Francis May I take the liberty of asking transaction, did not fake any steps to set it aside?
The Chairman-We have been fighting it continually. There was scarcely a board meet-
ing held that this point was not drawn attention
to by me..
12
Mr. Francis-If what you say is correct the Courts at once. mster should have been brought before the
The resolution before the meeting was thenry foreign resident here and at the. Coast further, proceedings until after-this meeti: g ħad | of what I bave said. Before going further, and
put and carried by an overwhelming majority; many present not voting one way or another,
The following letter was received by Mr. Frater-Smith a short time after the meeting terminated :-
HONGKONG JOCKEY CLUB, 26th September, 1881, Robert Frizer-Smith, Esq., present,
SiAt an extraordinary general meeting of members of the Hongkong Jocker Club: held In the City Hall to-day, the special resolution pass'd rem com, at the extraordinary general meeting held on the 11th September inst.:—
That Mr. ROBERT FRASER-SMITH shall be "expe led from the Hongkong Jockey
Mr. Skeels-Nothing of the sort. Mr Francis-That was the latement made to me. I understood that you and youronlleagues were sick and tired of the whole business,
The Chairman-So we are
The Chairman-Here are the books and conestiondence to prove the absolute accuracy I think I am in order in so doing, I would-pro- pose that Mr. Francis and Mr. Harms, as repre sentatives of the shareholders, go through these acounts and papers and make a special report. There is nothing we wish to bider we are anxious for the fullest lavestigation. 1 would Mr. Francis-The sole object of the applici- propose that this meeting be adjourned for a lion was to get a meeting held at which the facinweek and that the whale of the records of the could he learnt and the shareholders be enabled Comony be placed at the disposal of Mr. Francle to deal with the business of the Company. That and Mr. Harms and that they be asked to make was crtainly the effect of the statement made. report to a meeting a week hence. that the directors would summon a meeting and
Mr. Skrele seconded. lay before the shareholders a clear s'atement of
Mr Finchs think it would be better to the affire of the Company and call upon the shareholders as to what should be done in the
have an investigation of everything. future management of the Company. There was no other necessity for the application when this was prom ged.
propose; tu I think it would be better that your The Chairman-Certainly; that is what I investigation should be made before I make any
| EARTH RUGS
HAND.
SHOW ROOMS,
QUEEN'S ROAD and
DUDDELL STREET.
HEARTH
DAMASKS.
PLUSHES.
TRIMMINGS.
GLAZED
^LAZED CHINTZES.
W
ART MUSLINS,
'ADRAS MUSLINS.
MADR
BED and BLIND TICKS.
LA
RE-UPHOLSTERING
REPAIRS and
ALTERATIONS.
ACE CURTAINS.
FASHING CRETONNES.
WISS CURTAINS.
SWISS
BREAKFAST SERVICES. TEA
HONGKONG TRADING CO., LTD.
COMPLETE HOUSE FURNISHERS AND CARPET FACTORS.
of that box, which he handed to Mr. Pitman, under whose instruction; he was acting.
Mr. Pitman-That is entirely untree; I was in Conton.
...
Marinhurke's office in Queen's Road,
The Chairman-Mr. Skeels and I saw yon in
been changed; under similar circumstances in the future (which we all trest will never pcent) such delay would tightly call for the severest comment. The heartiest thanks of our entire com- manity are in this connexion due to the Chinese authorities, more especially to the late Admiral Fong, through whose untiring exertions most of the pirates have been brought to Justice. Suitable expressions of appreciation were made at the recent general ceremonies of the Admiral, which have been since duly acknowledged. It is now nine months since this occurrence and it may be said that it is some what late in the day to thus sefer at length to it, but it must be remembered that this is our first general meeting, at which there has been any opportunity of so doing, and I take it that the event was one that more than any other that his occurred for years past touched nearest home, not merely to ourselves, the shareholders, but to Ports. To prevent any possible repetition of such dire tragedies, that of December last most not be allowed to sink Into oblivion I need hardly add that from that very day to this, every possible precantion has been taken and the utmost vigilance has never been for one moment relaxed on board our steamers, The large amounts at the debt of Messrs. Russell & Co. at the time of their fatture calls for references. This failure occurred at the very worst time of the year for us, at a time when outward shipments from Amoy and consequent collections of freight there are-at-their highest point. A remittance of this sum was due, and premised by middle of the month, and had the firm carried on for another fortnight our loss would have been but trifling. We had no warring or idea of the impending event, until too late even to take been in our opinion a stroke of peculiar ill- steps to mitigate the evil. Altogether it has fortune. I may mention as an item of good news that we have lately made arrangements with the
The Chairman-Very well, I bave already call. Local Insurance Offices, under which, if nothing unforeseen occurs between now and end of the
ed attention to Mr. Pitman, without any authority, 'year, we shall le futare pay premium on blocks Mr. Francis-Ianly received the printed notice to run this hotel for the benefit of himself-em Messrs. Holmes
-arrogating-rights to himself. He has simply tried of the Company's steamers at 8 per cent. Instead, eating the rireting the morning following the On the zind of last November he did me the
9 per cent." per annum, a saving of, between application being made. I do not know whether honour to pay me a visit The questions at issue will now be fought out 8/9,000 dollars a year on this account. This is it reached anyone else sooner than that. I cer Gal and brought me a paper and said it was in Victoria in itsell a matter for congratulatien, and more tainly had no knowledge at the time the appl ca over is a practical proof of the estimate enter than was made that any notice had been circu-director, I bring under a cloud at the time. I necessary that I should resign my postion as a tained of the upkeep of the ficct and of thelated, cling this meeting. THE CHINA BORNEO COMPANY," personel" of the Company's staff of Officers
thought there was something in the articles of The Chairman said that at a meeting of direc: asociation that required this and consented to LIMITED.
and Engineers. I dea's think I have more to. tors held on the 8th September it was decided to do so. I found out afterwards that there was say at present, but, before proposing the adoption call an extraordinary meeting on Friday, the nothing in the articles of association that, re of Report and Account, I shall be pleased to 18th inst which date was afterwards.altered to paired me to do anything of the lend, althrush answer any questions that shareholders may wish the 25th-in order that a statement of the Com under any ircumstances I would have resigned. to put
pany's affairs might be laid before shareholders. I had not been released half a day when I was Mr. Francis-We knew nothing of this, alrited to join the Board, and was at once The Chairman-Mr. Pliman was informed re-appointed Chairman, Mr. Jones Hughes that this meeting of directors was to be held, at had been asked to jin the Board and which his presence was particularly, requested, had refused as grave matters aff-cring himself would be dis-
When left for Australia cussed, it having come to the knowledge of the other directors that he had been obtaining moneys from the Company's manager in Canton hy virtue of his ríficial position, and he was also requested to forward at once the key of the Company's strong box which he had retained. (Letter Me Peman read). That letter was sent to Mr. Pitman, it received by him, and ret he had worn an.Affidavit that he had been excluded from the meeting of directors of the Company,
"Club under Rule 40,"
was confirmed by a m jority of 73 (seventy "three) votes to 1 (one).
I have therefore to Inform you that you are no longer a member of the Hongkong Jockey Club
I remain, Sir,
In the law courts.
Your obedient servant,
T. F..HOUGH,
Clerk of the Course.
of
Whereupon Mr. J. R. Michael proceeded to read the following four questions:
An extraordinary meeting of shareholders-io the above hamed Company was held at the offices of the Agents. Mesure. Gibb, Livingston & Go, No. 6, lee-house Lane, at 12.30 pm. fo-day, for the purpose of confirming the resols tions passed at the extraordinary general meet.
1. What are the general managers' commis. ing held on the roth inst. Mr. B. Laytonsion during the year, exclusive of the $10,000 presided, and there were siso present Messrs. A. charged for remuneration and $3,883.54 charges P Sipkes, A. G. Wood, H. L. Dalrymple, account? directors, Barton, J. Maclehose, H. Wicking,
2. An I correct in understanding that the G. Fenwick, A. G. Stokes, I. S. Ferry, E. A. general managers charge 5 per cent. on all Solomon and Leslie Hallward, secretary,
freights collected and 24 per cent on disburse- The Chairman aid-Gentlemen, this meeting ments? in erlied to confirm the resolutions passed on the 10th Sept, but. Ecfare putting them to you I have to inform you that owing to certain Information that has reached Messrs. Jardine, Matheson & Co since the resolutiops were passed reparding the present conditions of basi- Bess generally in Borneo, and the prospects for future trade, Messrs. Jaidine, Matheson & Co. consider that it would be, desirable for the interesis of xil, concerned that further negotia. tions should be delayed unil they have received sperial and detailed information regarding the few words of explanation by the Chair busines prospects of the Company's citates, auð
man, which apparently met with the emire they propose to send some one down to Sanda-approval of those present. The Chairman kan on the next trip of the Memnon for that then proposed the adoption of the report and purpose. We hope the information that will accounts, which was seconded by Mr. David be collected will be of favourable nature and Gillies and carred nem con! Proposed by Mr. we therefore propore to ask you to confirm the E. Georg and seconded by Mr. L.,K. Davis that
sesalu ions.
The Chairman's speech being received whit favor, the following reaalutions were put and unanimously.conf med That the Company be wound up voluntarily, and that Jehn Wheeley of Hongkong be, and he is hereby appointed ! qui. drtor for the purposes such winding up That the draft agreement submited to this Meeting and expressed to be made between this Company and its liquidator of the one part, and the Hongkong Borneo Company, Ltd., of the other part, be and the sante is hereby approved, and flat the vald liquidater be and he la hereby authorized to cater into an agreement wits such new Company (when Ircorporated) in the terms of the sald draft, and to carry the same fara effect,
This being the business of the meeting, the proceedings terminated,
THE DOUGLAS STEAMSŘIP COMPANY, LIMITED.
3. If so, whether they are justified in charging 2 per cent. for disbursements, considering that they do not disburseany moners, but delay these expenses out of the Company's funds with the bankers and in the Bands of general managers? 4. Whether the general managers, in view of the unfavorable result of the business of the Company for the past two years, will not reduce their scale of charges to suit the times and depressed conditions of trade generally ? -
All of the above were answered in a
I
called when the application was made,
Mr. Skeels-This meeting had already been
Mr. Francis-1 had, no knowledge of that, nor think had Mr. Pitman,
The Chairman-As a director, he had... Mr. Pitman had not.
Mr. Francis-I think he referred to his extu ien from the-ffice.
The Chairman-He was never excluded from the office
Mr. Farcistig no the discussing that now, The sale o jert of making the application was to get a meerlig of shareholders held.
The Chairman-Do you wish that the informa- tion regarding the Company's affilis should be given new, or would you prefer it to come out in the Supreme Court 7
Mr Fancis-I is a matter of indifference to the retiring auditors, Meshra P. Ryrie and J.me, but this meeting of shareholders has been H. Cox be re-elected. Cartied uganimously. called here today. There has been no meeting Upon the Chairman intimating that there was of shareholders since the Company was formed nothing father before the meeting the proceed-xdent the statory meeting, at which nothing ings terminated.
wis done. It would he much meie satisfactory THE SHAMEEN HOTEL COMPANY, pany-put before the meeting and let us see what to have a statement of the affairs of the Com- can be d me. You can do anything you like afterwards in the Supreme Court
LIMITED.
farther statement to the meeting.
Mr. Francis-I think it would be better for you meeting. how to lay a complete statement. before the
Mr Pi min-That-ke one of your reckless statements. It can be proved that I was in Canton.
T
Me Skeel-It is quite true; we saw you in Queen's Ro¬d,
The Chai-man-I have had a tough drift | of accou-te hinde up which show our assels to be $41046, including e monies die he meney Mr. Paman owes for rent, etc. and Rodyk, and The liah lilies are about $43000 rnghiv ere king, which gives us ace it balance of were of ground which never dil belong to Mr. $10 Of corde this includes that wouxble, Peman and for which the Company pai1 $15, on fit ever since. I can only say further with and of which Mr. Filman haste ped the bene
months ending 10th June the accounts show reward to the working of the Hotel that for nine rej profil of $500, which I hine is most sails factory and escouraging
that is in reference to your own own position and Mr. Francis There is one other pint and
our shares.
fully paid up?
The Chairman-Mr. Hurley, are my shares
fully paid no. Here is the register,
The Secretary Mr. Frises-Smith's shares are
The balman-Yes, but not till these things semestrīcā.
Me, Frasela-l you are polng to undertales the resonnelkily I do not see what can be done. The question must nechanurile seiko whether Mr, Froqni Smithleshores hav-nó” heen
carried through on late, 1 do not rechow we can make any lovelerion I wou remain in the management. I have no objetion, with the sg- wistence of M Harms; inmakinean invertiza Won and renting-to-a meeting to be held in. Omaher and then an ordine meeting could be held next year, but on condition that-nahl-g-be----- done by the present directors excent the ordinary The Company work necessary for carrying out the business of
The Chiman-That is exictly what we desire. Thive therefte nieregra in prooding sopriated a Commiten olin»estigation in fores (chat Mr. Francle, QC, and Mc Hams ba rieste into and reput upon the Compny's affaire,"
M2 Skils-I-beg to stond that, but'on the nederstanding. that John-Filmen is not allowed to have anything fa da with it.
The Chairman Ch?, of cure vist.
The proposition was then put to the meeting only discan, Mr. Pitmen. being the and
The Chairman Gearlemen, that (ennrludes the business of this meeting. Mr. Hurley, the A the S'ertere, who has rendered invalushla prices in evolving a comprehensible statement nfaff trou of chans wil alve every musistance · the Investigating Committer, and I shall only Setan glad in do what can in ever possible Me, Maclean arid he wished to panlala way. Ithank was for your attendance
Mr. Francis-Haw an when was that done 7 indebted to me for thelast fifteen months,
The Chairman-The Company have been M Franci think we must make that a matter of investigation as much as other things.his connections with the Commany. He bed
Me, Francis-D es yo T-estimate of the prefi The Chairman-Certainly. include anything besides the earnings of the hotel?
The Chairman-Nh1. Mr. Pitman had to pay. necoming to his agreemen', $100 month house rent for six months, and I think $5 afterwards.
MrPitman~$15.
there you have not paid a crat to the Company's The Chairman-$50 Since you have been management for rent..
I
Mr. Pitman got Mr. Maclean, whom he has since continuousle and gratuitously insulted, to occupy a seat on the Board for his own nurpres.. He got him registered as the owner of filtr shares, the necessary qualification for a director, and since then M. Marlean has been subjected en nothing but base of the vilest kind from-br. Pitman. Before left for Australia a meeting was held in this room and three importent enlotinns were come to which I should like to call attention to. One way that as M. Francis, bo had become the purchaser of yo shares, bad failed to fulfil the arrangement by which he wss resolved that they should be forfeited. was to become the pmprietor of these ahares, it Another matter was a dispute between the Com- Skeels represented. I think I took apan myself pany and the Hall and Hole Co., whom Mr
of the account rendered by the Hali & Holz Co the responsibility of dispuring the accuracy from the beginning, although Mr. Skeels and
Mr. Francist should like to say a few words myself have been on the most friendly terms, will do so as colly as possible. From what on certain questions you have touched on and
facili ste a settlement. It struck me that a great and I must say that be has done everything to you have s'ated the Company appears to be in a sound position and it appears likely to others were overcharged, and I proposed that management. In the second place there are a many of the things supplied were useless, while continue to do good business under decent some independent valuster, appointed by Mr. Skeels himself, should value the things. Meetings should have been called in 1800 and in creat many meters that want looking into.
anrioneer, should be appointed to value the 1990 and it is difficult to say at present whether Rezarin, the present manager, who is antired, some in July of this year and some in st, that meeting It was resolved that Mr. Tuy this year and certain directors should have
furniture and that on his estimate the bill was to he paid Mr. Skeels acquierced in that or not. It is perfectly certain that a very great there are any properly qualified directors arrangement. What took place? I had not
mia's ke was mind: In not calling these meetings and the Company might be made subject
this cabject I have been in communication with to very heavy penalties in not making certain returns of shareholders.
The Chairman-1 may inform you that on
the Registrar of Public Companies. I was not a director of the Company last December, and explained to the Registrar and supplied the list am not personally responsiblej but I have of shareholders. ptc.
has registered flow'abapie Jo his name to qualify stard the Baird during the "halemen's shener at the express de ire of Mr. Pi'men, who
Aneteilis he (the sparker) wished to rethe, and On Mr. Peer Smith's return kem he had an ensented in vemsin on the Beard" until these matters were cattle', nt Mr | Fraser-
when his searciation with it-rmined. the Shameen Hotel Co, and woul' be very glad Smith's espnest request. He had no interest in"
The Chairman-Thin mesting is finished'and Mr. Pitman-I wish ta diuinetly contradict-
inquired into by Mr. Francis and Mr. Harms, we can't hear you. Your positios Il be daly the Commliteet appointed,
Mr. Pilman-Oh I very well. · The proceedings then ferminated.
SCOTT's Emaision of Pure Cod Liver Oll, with
Consumption. Scrofila, and wasting disess over the world. It's a remarkable remedy for Hysophosphites, is prescribed by Physicians all
and very palatable, Read the following --“ Í have much pirasore in stating” that I have tried. Scott's Emulsian in a case of impoverished blood; with scrofulous disease, and found it to be a very
Chemist can supply it —¡Adul. efficient presention. It was taken without the least difficulty."-A. Temple Perkins, 33, Lordship. Pirk. Stoke Newington, N. Any
To-day's Advertisements.
Mr. Fiance-I thought you had been a these statements that we have heard are true, it director continuously. In the next place, If
be looked into. On the other hand it wou'd is certain that there atë very serious questions to appear that the actual state of affairs must have been known to Mr. Pitman's colleagues and theyTHE Company's Steamship should have taken some decided steps to recover either the land or the money or to put their title in proper shape..
DOUGLAS STEAMSHIP COMPANY, LYTED.
#
about it till the French Consul decided to sell The Chairman-The directors knew nothing the land on the French Concession last year, of time to look into the matter. It does not, Mr. Frarcis. Since then there has been plenty
however, affect Mr. Pitman's qualifications as a director. Whether he got his shares improperly or fraudulently, he holds the registered number to qualify him as a director. With regard to
may say with reference to this matter and the Mr. Rodyk I think the less I say about it the better, as I am at present mixed up in it, I
FOR SWATOW, AMOY & FOOCHOW.
"HAITAN,” · Captain 8. Ashton, will be despatched for the Noon. above Porth on TUESDAY the agth fnstant, at
For Freight or Busage, apply to“
DOUGLAS LAPRATE & Co, General Managers. Hagane 16th September, 1801
[253
• CHINA AND MANILA STEAMSHIP
COMPANY, LIMITED.
FOR MANILA, VIA AMOY,
The Chairman-The directors are only too An extraordinary meeting of shareholders of the above named Company, convened for the willing to afford very feformation from begin-left the Colony week when Mr. Pitman, in purpose of considering its position and decidingning to end of the Company's business. With spite of my having urged him to do nothing of No. 3. Fedder's Hill, yesterday afternoon. Theremin, and that connecian has cost me believe Mr. Skeela was, according to Mr. Rozarile on is future management, was held at the office,
regud to myself, I unfortunately became the kind, an two directors did not form a quorum connected with the Company through Mr. signed a cheque for a cestala amanunt, and I man), A. E. Skeels, J. Pitman, W. P. Maclean were present Mesars, R. Fraser-Smith (Chair bundreds of dollars and days, nay weeks estimate, overpaid $1.500.
nf anxiety. Since information is required (Directors) J. J. Francis, Q.C., H. Harms, E. Jones Hughes, A. Denison, J. S. Rouch, AI will give you bridy the bistory of this Com
Mr. Skeels-No, $107%; it was protested against. The Chalman-It was brought to our ziten. Hing, Ng Han Ching, T. O. Reves, E. Georg, pany, of what has been done and what is its pre-tion that cerain induences had been brought to &c., and R.C. Hurley (Aeling Secretary).
sent position, and 1 look to Mr. Francis as a legal bear on Mr. Retario by Mr. Pitman which, in The Chairman sald-Gentlemen, at a meeting presentative, inprotect himself and the gentle my opinion, quite entitled Mr. Skeels to have a of director beld on the 8th September it was
men who are shareholders, where protection is fresh walustion made by an expert. decided to call this meeting. As you are no required. This Company was stated in June, Mr. Skeels-We were quite prepared to carry doubt aware, proceedings have since been taken 1889, by Mr. John Pkman, and Mr. Á B. the matter into Court. A meeting of shareholders in this Com-in the Supreme Court of this Colony at the Rodyk. The later we at that time a professional The Chairman-At this meeding' It was sho pany was held at their offices at 11.30 am. instance of Mr.. John Pitman, who represents promoter of public companies, in which decided that if Mears, Holmes and Rody did 10 day, Mr. T. E. Davies prealding. There were himself as being a director of this Company, but connection he gained a notoriety and reputation not pay up some $2,000, monert collected by present Messrs. F. Ryrie, J. J. Keswick C. 1. whether he is a director of even a shareholder, it to which he is quite welcome. The original Mr. Rodyk as callson shares of this Company, Holliday, D. R. Sasanon, directors, and will be for you to decide after the facts have been idea was to build a hotel on the piece of hut which were never catered in the books of Gilliei, 1. R Misbael, H. Crawford, J. F. David, placed in your possession. Anex parte applica. ground in the French Concession, Canton, which his firm, but pocketed by bim and never R. H. R. Hanter, H. L. Dalrymple J. F. Cdation was made before the Court last Thursday by alleged to belong to Mr. Pliman. That Rosa. H. W. Dick, R. Lyall, E. Georg, J. Veitch, Mr. Francis, Q.C., # bhareholder, and whom I piece of land, was known as the Ice House and also to recover the balance of $500 drawn
accoun ed for, legal proceedings should be taken L. K. Davis, and H. J. Lewis, Secretary, am very glad to see hero to-day, on behalf of Mr. property. The preliminaries were carried out and by him on account of a billiard table of which The Chairman seld-Gentlemen, with your Pitman andother persons representing themselves the memorandum of association signed by myself, no account had been rendered. A week after I permission we will follow the usual course, and as the Shameen Rotel Company, your directors Messrs Jones Hughes, D Nowroje, A E. Skeels, left, Mr. Rodyk and Mr. Pitman went to Mr take the report and accounts as send these being the defendants. This application was The ohlc was to purchase the land for have been in your hands for some little time, supported by two affidavits made by Mr. John $15,000, $7,500 to be paid in cash and $7500
A. Levy. D. Humphreys and John Andrew. Francis
Mr. Pitman-Mr. Skeela went too. and doubt you have all given to them your Pitman, and without using any strong language !
The Chairman-You had no authority to go. careful attention. Speaking generally of the wish to say, as can be tolly proved by the To fuly paid-up shares. When I joined the Mr. Pitman--No authority from whom, from year's working, I can only repeat, as is stated in minutes and by Mr. Fitman's own correspond. Board the preliminaries had been arranged you? the report, that the management ventures to ence, that from beginning to end those affidavits Mr. Pitman on the one hand and Mr. Rody, was submitted to Mr. Francis for arbitration
and at the first meeting a contract between childer the result as satisfactory. The carry were a deliberate tarve of falsehoods. That is
The Chairman--Please be quiet. The matter Ing trade all round has undoubtedly been poor, a matter that will have to be considered very repres ming the Company on the other, was although it had been passed by the full board transaction with Mr. Skeels that the two directors THE Company's Steamship and I am not aware that any of our neighbours seriously during the next two or three days, as I brought forward. It was written la Finch that legal proceedings should be taken if left behind by Mr. Fraser-Smith must have had, Interested in shipping business have had a am at the present moment acting under legal and I caterally asked Mr. Rodyk, before this money should not be forthcoming at authority to carry out and exercise discretion in particularly profitable tims of its what comes to advice as to the advisability of taking rice ad satisfactory and valid agreement, and proved Hitle quarrel with Mr. Rodyk and no doubt act at all they were perfectly entitled to review
cheque for $7.500, if it was' 4 one in this respect, to a great extend naturally proceedings agalast Mr. Filmen in reference to that the land belonged to Mr. Pitman. He said wishing to be subservient to the QC, he wanted any decision that had been passed at any
signing a
ance. As soon as I left, Mr. Pitfan made uphis these matters, and if they were entitled to comes to all, and we must hope for a general these affidavit. At the bearing of the application Improvement in basiness to give a helping just referred to, I explained to the solicitor, Mr. but it was, and the agreement was completed. the point arbitrated upon. hand AB round. Of cobros we regret that it Stokes, that we had already takes proper steps did not own an inch of that property, and $2.300. pocketed by Mi. Rodyk having been dispute with Mr Rodyk to me for arbitration
Now as a matter of fact Mr. Pliman statement or record in the Company of the
There is no previcas, meeting of directors, I may any that Is Impossible to give a better return to share to convene a meeting of shareholders so as to since then we have had to pay the French accountei for, That was, the state of affairs and converted to act. I oked into the matter both Mr. Skeels and Mr. Pitman submitted the? holders, and in this connection we would point leave to the shareholders the dealing with the out that we have recommended is much in the affairs of the Company, as I considered it to be Consal part of the purchase money for the when I returned from Australia, and these and I thought that with the exception of the way of dividend as we consider at all prudent," my duty to lay before you in as straightforward ground. Mr. Filman is not a shareholder and facts will probably help you to understand, question of Mr. Rodyk's bill of casta, matters and that the writing off this your is only per manner as possible the history of the business should not ive here newer the Company the shuffling policy of the gentleman who seemned to have been faldly balanced, A cent, as compared with the usual & per cent. We from beginning to end. Mr. Stokes conveyed $15,000, received for property which did not belong claims to be a director of this Company. Ir la considerable amount appeared to be claimed for SHOOTING PARTIES, PICNICS, &c. thisic that the present excellent condition of the this information to the learned Counsel and 1 to him. That is the position as regards Mr.only fair, since the matter has been brought lees, bat, whether this was properle due or fleet Justifies this in a great measure, but share imagined that the matter, so far as they were Pitman Times out of timber I bave called the up in Court, that I should make some reference not lam unable to say at present. With this Company's Steam I aunch.→
Tiffins Dinners, &c., with all accessories, holders might bear in mind that the first duty of concerned, was finished until after this meeting not entitled to a cent until he had paid the was acting Secretary to the Company, having
provided on short notice, with or without the attention of the directors to this paint Ho was
to the young raan called Mooney. Mr. Mooney exception things appeared to be fai ly balanced.TIFFIN-The charge per month for Tiffin, the Management it to consider the permanent had been held, Not so, however, An order Interests of the company as an instituilon, and was served on your directors to appear at the our title to the lard. That is the position this who were quite justified in so doing, although which cost a trile over $200, and for which French Government the $780 which gave us
The Chairman-Mr. Rod k collected $1.700...in the Table de Rom, is how that when necessary, full writing off must be Court In this matter yesterday. We duly immaculate gentleman, who swears affidavits his appointment is not recorded in the Coy, he never rendered hay account, and he took
been appointed by Mr. Pitman and Mr. Skeels, for calls as shares; $50 for a billiard table FIFTEEN DOLLARS per head, under monthly recommended even if to the detriment of dividend. I must refer once more to the shocking tingedy Peared, only to find no one there. I had the accusling us of 1 know not what, holds in regard | minute book. There was no trouble with Mr. | $150 from the manager at Canton without any
arrangement made in advance. honour of an interview with the Chief Justiceonthe of December last which occurred on board the subject, when he informed me that an application to your Company. I went with Mr. Hancock Mooney at first; he came here, acted as authority whatever,
R. TUCKER,
gesture to say, experienced the feelings of sorrow formada twenty milantes: before the time Hancock said at once it was no use building an { through various accounts, and actually accepted clusion I came to was that there had been what Company's steamer.on. Every shareholder I had
the architect, to look over the place, and Mr. Secretary during a Board meeting, went with me hearing to have the case adjourned on the and indignation that at the time swept over the ground that My, Francis was too ill to be present, and would be no good when. It was built hea chetine signed by me for bis salary, I should feel inclined to call the grosscer hotel there. He stated that it would cost $25,00 Colony, and I think nothing can be added to Of course we all regret that Mr. Franels seruil war that we purchased the Concordia Hall, morning he wild that he had some work of his own (Mr. Fraser-smith-hear, heat) on the part of previous expressions of regret and sympathy, unable to be present, but I think you will admi
which was duly cashed. When the event occurred, much pubile come and that ersty basest, straightforward man and I venture to say that the Concordia Hall was to get through and asked if he might via the every one concerned in the management of the The following irregularity, and if I may say the greates stupidly ment was made on the dilatory action of the would admit, that considering the allegations well worth the money and a great deal more. When office to do it in. I said; certainly," and he Company in this matter Government in sending a gunboat to the soena that appeared in the public press in which have received back the sono for his useless left, saying he would return in about an hour if It Is Daly right therefere that I should here mysell and my fellow directors, Mr. Skeels and lumber which Mr. Paman foisted on us, we shall I would be ready to go through the books then have been the proper way to deal with it state that both his Excellency the Admini. Mr. Maclean, were accused of simost every why no meeting has been held before now, was that he refused to recognise me at Chairman of
The Chairman-A criminal prosecution would have a very paying business there. The redion Ten minutes later I got a letter from him statioğ izator, and ths-Commodore gave the crime short of murder, it would have promptast miten idy 10 our communications I been far better to have given us a chance of simply on account of Ms. Pitman, although asked the Company. He took away with him the key thrco gentlemen intend to show up your posts. Mr. Fianchi-Now, I understand that you
Mr. Francis I must any that the only con-
5 F.M.'
*** #ZAFIRO," Captain Cobban, will be despatched for the xbove Ports on TUESDAY, the 29thrinstant, ar
For Freight or Passage, apply to **
SHEWAN & Co.,
General Manager Wanghong, 15th Se¬tember 1891, -
THE HONGKONG HOTEL
b
Honokane Hole).
26th September. ¿Par..
NOTICE
CHA
*Manager.
THE CHINA AND JAPAN TELEPHONE COMPANY, LIMITED,
HAVE the day handed over the MayanE INMENT of the shore Company to MẸ, -W, STUARTH, RELON, THE
A. SANDFORD÷İyn Hongkong 2b September, 1891.