most
THE HONGKONG TELEGRAPH WEDNESDAY, JUNE 1, 1904.
valuable reefs. The fact that the leaders and ember next the Punjam Mining Company prospect is one of the finest looking and most encouraging on the Concession. The lode, as clay formation everlying the cap of the lode, apply for a fresh concession of, say, ten square we must call it, measures 2 feet 6 inches in have already produced nearly 500 ozs. of gold,miles within the area of their present con width, strikes almost due N, and S., and dips augure well for the future prospects of the cession, and can show that they can find distinctly with clean walls to West. As Gubau Mine and the extensions of same, und sufficient capital for properly developing such elsewhere, the country rock is clay slate, much is of itself sufficient inducement to incur the concession their application will receive disturbed near the lode, on the hanging wall necessary expenditure for the erection of ma- favourable consideration with a view to the of which is the same felapathic rack more chinery, and for the developmenis recommend-issue of a lease under the minin: enactments or less decomposed, which characterises ed, seeing that the continuity of quarz matter in the whole formation. The quartz too looks vain shape has beca oturned up for length of favourable for gold, being stained 1,300 feet has already been fairly well proved by iron and manganese and carrying a small the different tunnels and workings thereon. We quantity of pyrites disseminated through it. think that there is every probability of a suc As clsewhere, however, this quartz shows an cessful mining enterprise being established at average of low auriferous grade, though samples Gubau if our recommendations are carried out. from some parts give comparatively good The indications and facilities for economical results, which encourage one to continue ex-development both at Mulumet and at Sungei ploration in hope of suiking it rich at another part of its course. Northwards on the descent of the hill from Bukit Glangga this outcrop disappears, and that another lode is found at the head of a small steam known as Sungei Prian." Mr. Lock in his report, para 33, refers to Bukit Glangga as a large reef not less than 6 feet wide where it outcrops, but that not enough work had been done to convey a true impression as to the stability of the body, but that further work on it might be suspended till more promising paints have been tried. No doutt Mr. Lock's reason for saying so, was owing to the collapse of the tunnel and to the dense overgrowth of jungle which obscured all trace of former workings. It was therefore impossible for Mr. Lock to see and judge of more than the very small portion of the reef quite recently exposed to view,
PRIAN,
Referring to this reef, Mr. Becher further- more s ated, that :-"Here again a fine mass of quartz is found three feet in thickness; striking N. W., S. E. and vertical. A short tunnel follows it into the hill side, at the mouth of which a good prospect of gold was got," Mr. Lock's report, para. 34, refers to this quartz reef as not being so large at the outerep as the Bukit Glanggi reel but is distinctly gomi look- ing stone. Samples from it were broken by him at two points, about 100 yards apart, which assayed 6 dwt, and 54 dwt, respectively, Mr. Lock concludes by saying that this certainly merits being followed up and thoroughly pro- spected.
CHINDRAS.
|
Rusa are also of a very encouraging nature, and fully justily further exploration at those centres." Assays made by them, of many samples taken from various parts of these workings gave very good results, the best was from two samples taken out of the upper tunnel at Mulumet, which gave 6 oz. 21 gr. and 2 oz. 20 gr. respectively. The highest of the Gubau samples was 2025, 4 dwt 22 gr. being the average of two assay-made of ore broken in the No. 1 Main Cutting, the next was from the Inter- mediate level, which yielded 1oz 7dwt. 18gr. and 17dwt. 23gr. respectively for the two samples tried. There were besides 7 other samples taken from several places on the mine which gave redwl. 10gr.-gdwt. 3gr.-3dwt. zagr.-2dwt, t-gr. and idwt. 7gr. for ton. The sample from Sunge. Rusa assayed 5dwt, jer. It is true that you have heard from time to time of equally good, if not even of better, results than these, but you must remember that those were obtained from rich patches in the much disturbed auriferous land which we are now forced to abandon upon the assurance of a geological expert opinion, that it was un likely, if not impossible, for a permanent lode or reef to exist, and which is confirmed by a sad experience, as we have signally failed to find any after many years of diligent search.
Now, gentlemen, you have heard the opinion of Messrs. John Taylor & Sons upon the Guban, Mulumet and Sungei Rusa districts, and what Mr. Becher and Mr. Lock-two eminent mining experts-have had to say upon other portions of your Concession, the northern section of which contains many strong reefs as Mr. Becher in referring to this district re-distinguished from the auriferous patches marks:-"Another somewhat outlying district which, in my opinion, promises better than most parts of the Concession, is Chindras, which lies further East than the localities have included in Bukit Sarang district, at the head of a tributary of the Tualang River, the valleys of whick, ton, are worthy of further attention as known to contain alluvial gold A Chindras a party of Chinese tributers have been streaming for about two years in a small way and near their workings is a very promis ing outcrop of the characteristic black slate and quartz formation almost similar to Jalis in appearance and which gave some very good samples in prospecting. This is known as Sungei Rawah."
Comparing the above with para. 32 in Mr. Lock's report and from the appearance of the heavy reel gold brought in by the tributers, up the present time, there cannot be a doubt that the matrix carrying such gold must be exceedingly rich and will be found by persistent development work, and this is what Mr. Lock suggests by desiring to sec a systematic testing of what he describes. as a very strong and permanent-looking quartz reef 3 to 4 feet thick, carrying moch mineral and having well-defined walls,
COMMERCIAL.
3 p.m.
The Chairman:--I am afraid, Me:: Hough, that your proposition is quite impractical, and
SHARE LIST. for several reasons. First, I might point out it would be very difficult to get the second pre-
Following are further alterations in Messrs. ference shares subscribed, because they would Benjamin, Kelly & Ports' share quotations no only come after the present preference share-tified to us after the list had been printed:
Star Ferries (old)
$ 34 b. hokiers.
do. (new) Hongkong Hotels
24 b.
138 b.
RAUR MINING CO. In the repart of the Resident General on the Federated Malay States for 1903, the following remarks appear in relation to the Raub Gold Mining Co.:-
Co-day's Advertisements..
ZETLAND
No. 525, E.C.
LODGE,
REGULAR MEETING of ZETLAND A
LODGE will be held at the FREE. MASONS HALL, Zetland Streat, TO-NIGHT, the 1st inst, at 8.30 for 9 o'clock precisely. Visiting Brethren are cordially invited to attend.
Hongkong, 1st June, 1904.
THEATRE ROYAL.
(064
THIS SATURDAY AND MONDAY,
JUNE 4TH AND 6TH.
(Under the Patronage of H.E. the Officer Administering the Government and the Elite of Hongkong.)
FREEAR
in his
FAMOUS "FRIVOLITIES,
ALSO IN
"THE AMERICAN MINSTRELS."
AND THE
"
Company Malay Company 834 Kechau Good Fields
1,0,0 TO DAY'S EXCHANGE.
Selitng
32,570
7,078 2,854
409
Londo
Bank T.T...
110.
denne
99.0
Do.
4 months' sigh
$
France T
25
America-ANI
43€
Germany Bank 1. India TT.......*.**
1.83
134
"THE FELLOW THAT
1344
LOOKS LIKE ME"
72
.88+
Nomr
..................1071
91
Mr. Hough:- quite understood that. in force at the time, the existing lease being The Chairman-And-the hsels would not cancelled. Now, the existing lense will he be sufficient to satisfy the first paid. In the second place, am afraid the Pahang Govern- cancelled in any case, because they do not
meat would say, that any amount we could intend continuing so large a concession without the enforcement of the labour classe, and that raise by second preference shares would be we can never comply with because we shall too small to carry on any development work
In Pahang the Raub Company and the Gov. on anything like a reasonable scale. You see, ernment have joined in sinking an experimen never, probably, have capital sufficient for that,
in mining on reels y u have to do a great tal deep shaft to strike the lode, if it exists, at With regard, however, to the ten square miles I may tell you that it would be possible to deal of sinking it would not be scratching 1,500 feet. Good progress is being made under the careful supervision of the Company's Manager, Warnford Lock, F.G.S, M.L.M.MS. obtain nearly all the payable reeis-the lodes the earth in the future; we should have
t must be recognised that the Pahang fields referred to by Mr. Hughes, with the excepto sink I regret, personally, that Gubau was
e low grade, but there is reason to believe tion of Mulumot and Sungei Russa. You abandoned. It was abandoned by our late
that with the cheap labour available, with im- will see from this [pointing to a plan that manager; indeed, it was abandoned before he
was appointed, because it was thought they proved means nl communication and other they are all in a straight line from here;
worked at a profit as regards hith alluvial and this is the company's encampment so to speak. had gone deep enough and were tired of it, facilities, they can with wise management be and it seemed to the Hoare, as well as to the That extends due north, and within that area of
fode mining. The total export of gold from ten miles we could embrace all the valuable miners, that other prospects were more prac Pahang was (441 ounces, valued at $565,66, cal. These patches were rich and promised as compared with 19.554 dances valued at reefs that are alluded in with the two excep- tions. Therefore, I do not think there wouldwell, they brought in specimens like we have $735,04 far the preceding year. The follow. ng figures give the results for the year at the be much loss, and we should be less weighed bere, rich in ere, and the prospects looked
very good, and, naturally enough, they proceed-principal gold mines now working in Pahang:-
Min 5.
Tons crushed Ounces won. with this labour clause and be able to concer
ed with them in preference to the deep mining | Haub Australian trate our efforts in a small space. This, gentle-
at Gubau. Another reason for abandoning We must ioen, therefore, is the position.
Gubat was its distance from the mill which either subscribe fresh capital or give up the
rendered the transport of the are very expen lease and liquidate. The assets you possess
save and difficult, and the miners' houses were are valuable if you intend to employ them, but
situated at a great distance, while the miner in I must point out to you that most of them are
charge got very disheartened because he was either of an unrealisable character or else that
alone. He advocated giving up the shaft pro- they can only be realised at a great loss. Thus
bably because he was tired of it to some you have at the mines roads, budges and
extent, but, in any case, had we carried on buildings, all of which cost much money to pro-
at Gubau it would have been necessary to have vide, but none of such assets would produce any made a tramway. thing to speak of. Then the tramway, trucks, bullock carts, live stock, machinery, mill plant, timber, and stores would rat realise anything like their cost. Finally the preference shore holders would take whatever small dividend there might be to receive. If, on the other hand, you decided to reconstruct you can start clear with a valuable property, a certain amount of plant ready to hand, a magnificent water power, and no liabilities beyond that represented by the shares, and you could write down the value of these to a figure on which it should not be difficult to pay dividends. I am not here to-day as a partisan. I am here to record your decision and see it carried into effect. I have endeavoured to make the alternatives perfectly clear to you. You will recognise without difficulty that there is no middle course open to us Of course, we can do nothing definite to-day beyond taking a show of hands on the course that commends itself to you, and I should be iad to hear from shareholders which course they would favour-whether voluntary liquids tion and winding up, or voluntary bquidation of the present company and then reconstruction and a transfer of all the property to the new company. Now, gentlemes, I should like to near what you have to say on the matter before putting any resolution. WINDING UP OR\RE-CONSTRUCTION. Mr. Joseph Has the Board any plan to put before the shareholders?
hitherto worked southwards, where our atten- tion has been concentrated and, as you have heard, where is was unlikely that a pesinanent or strong lode could form. These opinions seem to be sufficiently encouraging to warrant a further test in the more settled country in the north, but what the result of such a test would be, I am not expert enough to tell, though from the appearance of the varus out crops and reefs referred to, which I have see, examined, and questioned been to the miners in regard to them, I am not afraid, personally, to venture on this new enter prise and to put money and work into it, and can hardly imagine that you will wil ingly allow your claims and chances of future profit to lapse without an attempt to at least prove the most important of these reefs. I may add that the Government of l'abang are at present favourable to an initiation of an active policy in genuine development work, and would pro- bably be disposed to grant State aid to carry an bona fide mining work, provided we can show that we have the working capital neces sary to develop some of these reefs. The ques- tion therefore resolves itself into this. Areo,000 shares to the present ordinary share. you prepared to go on, or are you gain, to allow some other Company to develop these reefs, discovered during years of costly work which has been done at your expense?
You now
A QUESTION OF SURRENDER. The Chairman:-Genstenien - You have now heard what Mr. Hughes had to say about your property. He has compared the remarks of Mr. Lock on the promising country with earlier authorities, and has found in them strong points of agreement. know, as well as the Directors can know or can tell you, the best and worst of your pro- perty. it remains for you to say what you will do with it. Before I go further, however, it may be as well to remind you that our im pecunious condition had not brought us to a full stop, the attitude of the Pahang Govern ment in reference to the labour clause of our lease would necessarily have done so.
Mr. Recher in conclusion refers to the Bukit Sarang district, which is situated at the head of the Tualang River and auns in a north- westerly direction. He adds: "Bukit Sarang lode itself is one of the most disappoming of our discoveries, being strong and massive in appearance but of the poorest description of quartz. Still there has been much alluvial gold got in the valleys round about this outcrop and in the continuation of its strike North-Westwards, at a place called Gubau, the prospects appear more encouraging, and to the Eastwards of Bukit Sarang prospecs workings have proved other powerful outcrops at Bukit Kata, Bukit Tuba and Sungei Keteb; and the auriferous formation is traced in its extension North and Westwards to the vicinity of the limestone cliffs called Gua Sai and Gua Bama. In reference to these and other places Mr. Lock in para 37. also informs us that the list of already discovered fades is by As you are no doubt aware, this no means exhausted, in fact, that the northern clause provide for the employment on the portion of the estate, especially towards Gua, workings of a certain number of hands. This where a very striking limestone formation is inserted, very wisely, in all mining leases as The Manager's a precaution against speculators acquiring exists, is seamed with lodes. annual report for last year, which is printed on such leases and holding them merely with a page 2 of the Report now presented to you, view to gaining an unearned increment on the para, 4 also tells you that the chief feature of value. Well, I am bound to confes, that the year has been the location of a large never, at any time in the history of the quanthy of crushing stuff and of extensive Company, have we been able to properly alluvial deposits, in the Gua, district. The comply with the requirements of the Labour discovery of two promising reefs, one at Bukit Clause, but the Government, so long as Prenob which is 2 feet 6 inches thick carrying it saw we were endeavour.ng to develop our good gold; and the other reef which is a concession, did not press for a penalty or seek distance of miles to the South-East of it, to unduly bamper us. They knew that we and from which traces of gold can be obtained had put far more dollars into the sail than we from any portion of the lode which is 7 fees were taking out, and they possessed their souls wide.
GUBAU.
The Chairman-Yes, Mr. Joseph, it has. The plan is simply this to form a new company with a capital of $300,000 in 100,003 ordinary shares of 13 each, 22 paid up and the balance to be called up at the discretion of the direc- tors. The capital to be issued as follows
holders in exchange for their existing scrip on payment of $2 per share, with a faludity ot Si remaining, 18,000 shares, fully paid up, of pre- ference shareholders in exchange for their Si share, and interest accrued thereon, 22,000 deferred shares of the value of $3 each to be offered to the public at a small premam later on. M. Joseph:-Don't you think it will be better to Ilgaidate the company altogether, and leave the shareholders free to apply for shures if they like. Now they would be dragged into the car against their own wish. Possibly many of the shareholders would not like that plan.
I
Mr. Hough-With regard, Mr. Chairman, to your scheme for reconstruction, while we are on this preference share business, ser you suggest giving them fully paid up shares
place of the pr. ference shares. The Chairman: Yes.
Mr.Hough: Nw, cannot those who have borne the brunt and burden of the day, and who are now huiding fully paid up shares, cannot
es get a few fully pand up shares, and the same concess on be made to them, 1 you are going to start bleeding them aain in just the old, sweet way you will have great difficulty in You won't get it sub getting your money.
senbed, sir.
Do, demand Shangba Blank T.T. Japan-Bank T.T. Singapore-Bank T T.. Java-Bank T.T.
Buy ng
1 months' sight 1/ 6 months' sig! LA!
jo days' sight San Finneysen & New York 441 1 month" sight
10 days' sight Syd e, and Melbourne .....t/ <**! I won as the Frames... 5 months' sight
months? sigh Geom ny Bar Silver.. *****
The Churmat :-Yes, I know the difficulty, Bank of Hugland ta'r
f see it all.
Mr. Hough-f, say, some small concession he made to the present holders of fully paid up sires per aps one for every five, something of that kinds that they will hold something.
GP, MylerTAJIONS, To-day's quotatious are as follows:-
Midwa New
+1
Old-F
་་
dest..
"
Paina New
Okl
T
exarcs New
Old
"SCREAMING FARCES/
"DIGNITY AND IMPUDENCE,
AND
"MATRIMONIAL BLISS.".
REE R is the man who made King
FREE
Edward sur Queen Alexandra laugh (on
1 '4
woccasio) he song of Siam, King George 2 301
87] | of Greece, the witan of Turkey, and numer
ous other Putentites, and Princes in all parts of the world during the past 12 years.
...2.
3%
Fer chest 96 41.000 @1,03 1,080 @ 1,100, 80 12 1,220,1,280 674;255 .@
1,200
let. 1,220 7,220
...... 900 930
The Chairman-1 doo't know, Mr. Hough; but I was just thinking while you were speak- g that something might be done in this way, although I am not very much in favour of it myself. The present ordinary shareholders might get 54 shares and $1 might be consider. ed as already paid. I do not know whether Persian Paper that could be done. That is about the only thing I can think of. You see we have to onrede something to the preference share- holders, we want to get them out of the way to clear the board. We only give them 18 quite sympathise with the stead of 30. ordinary shareholder, but at the same time I do not see how it is possible to give any special consideration to him. Personally, I should be very pleased if I could. The whole THE Company's Steamship thing is difficult.
Mr. Hough: There are many on your re- gisters who, for the last twenty years have been paying up and paying up, and now they are called on again without any concession. having been giving to them. The preference shareholders come in and they are being paid for their preference shares, and the accrued interest taken into consideration as well.
The Chairman: That is in the nature of things If you have debentures or preference shares you get the issue with your eyes open. You provide for it with your eyes open. We have done it, and we must stand the con- sequence.
After the shareholders had discussed the mater among themselves,
The (hairman said-Well, gentlemen, we might put it to the preference shareholders that they accept two ordinary shares of 52 paid up, and a libility of $1.
Mr. Joseph don't think they, would accept it. Have you consulted the preferential shareholders as to whether they would agree to your terms Supposing they say we wont accept them, we want cash. You cannot force them, can you?
The Chairman-No, we cannot force them. I think the preference shares are held by a cornparatively small number of persons, and *ght cals a meeting of them and see whether they would accept them. We could then take the vess of the meeting.
The Chairman:-Of couse, any plan that 18 suggested would have to be adopted by a majonty-a three-fourths majority of the share- holders; but I am afraid it would be rather difficult to carry out the plan suggested by Mr. Joseph. More than that, you would lose a great deal of ume, and time is a gent. According to the notice we have received from the Pahang Government it fixes the date on which we must come to a decision as on the 1st September next. That does not give us very much time.
Mr. Joseph :-1 want to know whether, sapn be paid if at that. I cannot tell you posing a shareholder agrees to your plan, and does not want to participate in the new com- any he is open to take or reject shares; or du you compel hun to take them? shares at the market value.
The Chairman --Wɑ wicht purchase his
Mr. Joseph-Supposing he wants to leave his claim.
The Chairman:lle could do sv. Mr. Joseph:-It would not be compulsory on him-
The Chairman: The shares would lapse. Mr. Hough: Don't you think that, as an in patience. When, however, it became apalternative scheme, we might escape the parent to them that we were near the end of expenses of liquidation and the delay attendida Here again Mr. Lock points out, in para 35 our resources, and that the efforts of the Com-that, if there was to be another issue of pre in his report, that quite pretentious work had pany were confined to surface work (this has ference shares on the same lines as the been done, and that two tests were made by latterly been the case) then they became imper-existing preference shares, but to have & bim of the shaft stone which is lying at grassative, and they now require that we shall furn- second preference claim to them. in obscured heaps, astayed 114 dwt, and 4 dwt. ish sufficient capital to develop the concession
The Chairman;-Well, Mr. Hough, I should respectively, and adds, that it would be folly to ar that we shall surrender the whole or at any be very favourable to that if I thought there neglect farther investigation. Messrs. John rate á portion of our concession. They was any chance of their being subscribed. Taylor & Sons, a distinguished firm of Mining say it is imperative that we should sur-
Mr. Joseph-The original 63,coo are not Engineers in London, reported upon the Gubao render a very large portion of our concession all taken up. district, and the shaft alluded to in Mi. Lock's and, as a matter of fact, we should lose very report was the outcome of their recommends. fittle by doing so. Since that was written, tion. Messrs. John Tayler & Sons in their we have received another letter, from the report.stated:-"That the one and all import Resident General at Pabang, dated 17th Máy, ant work that is strongly recommended to be in continuation of some communication he
Mr. Hough:-To avoid the expense of liquid. vigorously procended with, is the sinking of a bad with Mr. Hughes while he was at Singa ation, which is an item to be considered, can- shaft on the Gubas lode, as the fdture of the pore. I will read the concluding portion of it not the case be met by an issue of preference. mine depends on the development of the lode it says, in reply to Mr. Hughe's representa shares to have a second claim on the assets of in depth. Small prospect drifts should also be tions, "His Excellency, after full consideration the company after the existing preference put in at likely places, and prospecting work of the subject, came to the conclusion that no shareholders. That has just occurred to me, aquerally should be carried on Because it is extension of time can be given (that is, after I bave no resolution to propose, or anything of reasonable to expect the discovery of other September), but that if prior to the 1st Sapt that kind.
Mr. Hough:-The original preference shares. These preference shares have a prior claim on. sverything,
The Chairman-Yes, they have.
Mr. Joseph Will the majorits carry it? The Chairman-Of course the majority would decide the question. It is possible that a minority mpit refuse to accept it, but I think they woult come under the clause of the Limited Liability Act, which would compel them to accept the market value of their shares
for certain that is only an impression. If you have any concrete scheme to propose we shall be happy to receive it. In the mean- time, what I would like now to do, and it is the oly thing I com pessibly do, is to take the sense of the meelig as to whether liquidation an reconstruction is most desirable. Then, on that resolution being past it would bind us to nothing, but we could call a meeting and submit the resolution,
A Shareholder; meeting of the preference shareholders.
a
Q0-day's Advertisements.
"SHIRE" LINE OF STEAMERS. FOR SHANGHAI, NAGASAKI, KOBE AND YOKOHAMA.
"FLINTSHIRE,"
Captain J. M. Haffees, will be despatched for the above Ports TO-MORROW, 2nd June, at
3 P.M.
FOR MARSEILLES, LONDON AND ANTWERP. HE Company's Steamship
THE
"MONMOUTHSHIRE,"
Captain H. N. Vyvyan, will be despatched for the above l'orts, on or about FRIDAY, 3rd June, at 5 PM.
The above Sicamers have Superior Accom. modation for Passengers.
For Freight or Passage, apply to
SHEWAN, TOMES & Co., Agents. Ilongkong, 1st June, 1904
[675
NOTICE TO CONSIGNEES.
FROM MIDDLESBOROUGH, HAMBURG, LONDON AND STRAITS. THE Steamship
ΤΗ
"FLINTSHIRE," Captain J. M. Haffner, having arrived from the above ports, Consignees of Cargo are hereby informed that their Goods are being landed at their risk into the Godowns of the Hongkong and Kowloon Wharf and Godown Company, Limited, at Kowloon and stored at Consignees' risk and expense.
No Clainis will be admitted after the Goods have left the Godowns, and all Goods remaining undelivered after the 7th inst, will be subject
to rent.
All broken, chafed and tamaged Goods are to be left in the Godowns, where they will be examined on the 7th insi, at 2.15 PM.
No Fire Insurance has been effected Bills of Lading will be countersigned by
SHEWAN, TOES & Co., Agents. Hongkong, 1st June, mo
[676
COMPAGNIE DE M} 1.
PAQURHOTS. NON FAANDA,
..
M
SALON SINGAPORE DATAVIA, The Chairman-We might, in the mean.
COLOMBO ADEN, EGYPT, time, call a private meeting. If possible we
MARSEILLES MEDHENRANKAN ANI would like something tangible to go upon.
BLACK SEA PORTS, LONDON, You see you go to this extent. If propose a
HAVKA, BORDEAUX; resolution, and put it to the meeting you can
ALSO pass it, or not, by a show of hands. Suppose
PORTS OF BRAZIL AND RIVER PLATH, put a resolution in favour of reconstruction, the
AN TUESDAY, the 14th June, 1904, details to be decided hereafter, of course. You must bear in mind that anything, you dis only at 1 P.M., the Company's Steamship authorises us to take further action by calling | "AUSTRALIEŃ," Captain Verron, with Passengers, Specie and Cargo, meeting, after consulting the lawyers and then Mails, we shall duly submit resolutions in the sense will leave this Port for MARSEILLES, viá that you have determined. Before putting & Ports of Call, WITHOUT TRANSHIP. resolution I should like to say that the Board MENT. will be glad if the shareholders would nomin Cargo and Specie will be registered for Lon. ate two, or more of their number, to consult don as well as for Marseilles, and accepted in with, and assist, the directors by suggestions transit through Marseilles for the principal | and advice us to the details and terms of which places of Europe. the new company be formed. Subject to that I would propose the following resolution, "That this meeting is in favour of voluntarily winding up the present company, and transfer | ring same to a new company to be terms and conditions to be arranged. Mr. Joseph: beg to second that. The motion was then put and carried up. animously, after which the Chairman announced that a private meeting would be called to receive the opinion of the shareholders on the subject. He thanked those present for their attendance, and the proceedings terminated,
Shipping Orders will be granted till Noon only on MONDAY, the 13th June, Specie and Parcels received until 4 P.14. on the same day. No Cargo will be received on board.on formed,TUESDAY.
Parcels are not to be sent an board; they must be left at the Agency's Office. Contents and Value of Packages are required.
For further Particulars, apply at the Com- pary's Office.
G. DE CHAMPEAUX, Agent. Hongkong, 1st June, 1904.
FREEAR, wid make you laugh here as his Sister Miss LOUIE FREEAR has made you laugh in London. He has crowded the Thea tre before and hopes to do so again, for people will go a long way in any country to obtain a good wholesome evening's laughter. It is a rare commodity, not to be missed; it is the best of all Tonics; it makes you forget your toils and troubles, you forget your business obligations, * you forget mourning over your depreciated dollars, and will resign yourself wholly, and solely, to jollity and unrestricted hilarity, and will return home to sleep in happiness and peace, to dream of the enjoyable evening you have spent. Book your seat at ROBINSON'S, where Frecar's Credentials are on view with the Sultan's Gold Medal of "Fine Arts," pre- sented to Freear by the Sultan in Yildiz Palace, Constantinople.
Late Car to the Peak after the performance each night.
Last Kowloon Ferry at 13. Enormous Success in Shanghai, Peking, Tientsin and Yokohama.
Hoogkong, 1st June, 1904.
Entímation.
THE POPULAR
SCOTCH
15.
BLACK&WHITE
JAMES BUCHANAN & CO.
SCOTCH WHISKY ZUSTILERS.
By Appointment que con
E. M. THE KING
and
HIRE the PRINCE OF WALES
(665
Supplied at all the LEADING CLUBS and HOTELS, and to be obtained fom LANE, CRAWFORD & CO, Qu Road 19 Central
Page 5Page 6
Shipping Steamers,