THE HONGKONG TELEGRAPH MONDAY FEBRUARY 20 TOIT
during this period prior to the you bought 2000 Anglo-Javas at Juno Hottlement you jobbad to iss. 15 from the firm of Wattie fairly considerable extent. Do and Co. When you bought these you admit that you jobbed during | 2000 Anglo-Javas hnd you an this period?"
order to buy them at that price? Witos-I had no intention to I am not a position now to job, but circumstancos mado mo,answor that question. If you had have lost my head the same as asked to next day I could have any other one.
told you. Neither could I answer Mr. Oppo Answer yes of no; any of theso questions. It is like you can explain later! The word a drunken man asked when horis yes or no does not cover your sober to repeat what he said question, I have to give an ex-yesterday. planation."
Mr. Oppo- know you have a
Mr. Oppo-And you lost moro than Tls, 100,000? Where did you expect the Thu. 100,000 to come from in connection with the Senawanga which you land to deliver?Nobody. If there was no settlemont I should not have to deliver them,
Mr. Oppe-How did you expoet to be able to pay Tls. 100,000 at iha end of the June settlement?
• Mr. Douglas-How do you ex- pect the brokers to pay, a million and a hair?"
Witness-If there was no sotilo.
a bargain?-Bargain, no. Thoy. Mr. Oppo-You'wanted to mako suspended me without any reason. The committco without consulting, the mombors, wout into the room and in less than all hour handed me my suspension,
Mr. Oppo-Don't you know you were asked to produce your books to tho committee and you refused to do so?-Sovon of us refused. Ono party-I don't want to mon- tion his me, he is in the employ of the Committoo-gave up his books but six rofused to liatul over. their bonica. Mr. Opp--Were you gambling Mr. Douglas (in re-oxamina- on that when you bought thosetion)-Dil other members of this shares that you would not have to Exchange make logos in Mareli
Yos, loavy losses. pay for them ?-No.
Mr. Oppo-On the next day you bought 1000 Anglo-Javas at vory subito, mim, but you cans. 21. Can you roomber?ment I need not pay Tls, 100,000, explain afterwards, Did you as Tosave the court's thnohud your's, an actual fact job for the June say now that I cannot remeniher settlement?--I say have fast my Oppe-The final question hand like the rest. The tide was this, Haya
been in carried mo.
terested otherwise tiras broker
Mr. Oppo-Then you did job -I say I was carried by the tide. Mr. Oppo-To thứ, Judgo you made an answer that you did not do transactions on your own it- count out that had no shires régisteral'in my name; not my own property.
|
I
on behalf of your clients in the rise or fall of rubber shares Yong answer was,
No. 11
Mr Douglas-That is not the subject of a elurge,
- Mr. Opje-I can ask questions upon it.
His Worship
have not fram
Mr. Oppo Another an wor you gavo to the Judgo was this,
ed a cargo on that.
Me. Uppa-Tho, point is that that you nove owned any sizares, in any of the commits in which. Michol says, ho did not in- you had dealings with Carnuchin You said, “About Ts, 20000 passed through my hands it the June Bottloment, but nothing for myself, Was that answor true?
derstand what the Judge moant in the last question. Thio Judgo puts it in another form and he answordi no. Was that answor true?
You have to accept my expethrough Mr. Jones. tion. There is my pass book..
Witness I have corrected it
Mr. Oppo Which you ridu that answer to the gige i
"you mean to my thint at the clos of the June settlement your e-
ן
Mr. Oppo-Then that answer was not true?-Well, I corrected
it afterwards,
M. Oppo On 5th of April count in the Bank was in justy at fils, 34 and you sold 200 bought 400 Anglo-Javas-from the sing position it was be- fore?Practically.
16 Vaughan and 200 to Mungall Mr. Oppe-Tint was the loan-
it Tis: 37. Can you say whether ing of your answer ?—Yes. ho shares sold to Vanglan and Mr. OpppDid you mouth to maygall were the sun duros as that you never owned any sharay you bought from try?—I say that in any of the companies in which other myself, nor the brokers you bought shares for the defendur toll. ant 7 Did you understand the Julgo to be asking you as to the state of your bunk account at the closs of tho sottlement ?was confuse in the box and 1 do not uns able to ansiver these ques- know what was in my mind.
tions, You might as woll show When he said "own" I thought a chart of the world and say ho nennt my own property,
where is Bagdad and where is Timbuctoo.. 2. Me.Oppo-You still låso
The public and hod Not lose mg hold, but myself lost their heads,
your
Mr. Oppo-Can you say that
shares sold to Vaughan and Alugall at Tls. 37 were not those ought at Tis. 34 from vy?-7
was confused. I was very nervous, Mer Oppo-You see now the and I corrected it afterwards in itae of kooping books?-No, letter. I thought he would giço | not up to the present moment,
chance to explain mysolf. I. Laughter.) live novor pue anything against His Worship---Rather losing a
book. Renewed laughter.)
me a
government orjlaw,
Mr. Oppo-When you bought the shares from Neilsen did you expect you would have to pay for thom?-1 sold them to Neilson and bought them back from him,
told Nailsen in June that would not boable to take them up.,
M. Oppo-When you bought you expect to make the money to the shura in March where did
pay for them -My credit was as good as gold.
Mr. Oppo-Do you dare to suggest that at the end of the March sottlement your credit was as good as gold ? Yes.
Mr. Oppo-Could you got any broker to come in and confirm that? Certainly. I don't owe ten cents to nnyons in Shanghai. please.--I don't owe any money Mr. Oppa-Ba very careful excopt for last month's stores, household expenses.
Mr. Douglas-As heavy as yours? That I cannot tell, but they were losses.
"
Mr. Douglas-They are still in the Exchange, are they not?- Yes.
Mr. Douglas And some people made heavy losses for Juno?— Yes, very heavy too.”
'
Mr. DouglasAnd they are still in the Exchango?—Yoa.
Mr. Douglas And made losses in September ton?Yes, they are all insolvent, the Exchange is insolvent. By any action they were afraid I would repost them to Hongkong under the Hong- kong Ordinance for the way they and deceived the Government. They only had power to borrow for the building, and thoy im- few hundred or thousanil taels mediately, became, bankrupt by borrowing a million and a half and saddled soven of us with this
make sullicions commissions dur-mill-stone around our necks.
Mr. Oppe-Did you expect to ing June to pay off that lobt, that forward liability of Tis: 100,000
Even if I could make one portion of it, that is quite enough. My credit is good. I have not
ouo anyone any wrong.
Mr. Oppe-Was not it fees- sary for you to make, during the Jane soitlement, money to pay Neilson for theso shares-Not necassarily.
Mr. Oppe-Where was this money to come from with which you were to pay for those shares Je?-To cons from what ever I lund got to pay back, and tho rest would be postponed.
Mr. Oppe--You, thought you would carry on?-Yes,
Mr. Oppo-But you wanted to make suflicient money to pay for those shares for the Juno settle ment? I tell you my crodit was Mr. Oppo-On April 7th White good for Tls. 100,000. Mir. Oppo-You are not consold go0 Beta Annins at T. 21,1 fused just now?-You can go
Mr. Oppe-Yon wantol to unke on confusing nie, never mind. on the 7th of April if you a fairly big sun during the Jine (Laughter.).
fook at Murphine's account you settlement? No, I have not got Mr. Oppo-Well, wo will take will find you sold him 100 at Tsang stelt ambition. At you uro not confusel.-You ex-
22.
Ouho same day you sold Mr. Oppe-You did make a pout me to be a law or like T. 22. You say that Carmi-mont had gone through? I was 200 Batu Anams to Carmichael at fairly big sum if the Juus settle Solf to uswor those questions, (Ronewed laughter),
chael's shares wore bought from not either promoter or director Mr. Oppe-If I put this ques-Somekly. What did you do with (Laughter.)
tho-slimes you bought from
+
Corrected it.
"
Mr. Oppo-Your answer is that you had no shares -Allotted to ms, but my lottor Mr Jones
co voru that.
His Worship A very sensible answer, Mr. Michnet,"
Mr. Oppe-I don't follow it, you Worship.
His Worship-Itis quite a good answer to your question.
Mr. Dougins--Do I understand from your evidence that you fool that in being saddled with this debt it was not what you intended. and not what you meant?-No, I didn't mean it.
Mr. Douglas-It was not your intention to be suddled with any legal debts to the extent of four Inkis ? No, it is slavery.
Mr. Douglas-You were cross. oxamined as to your ability to remember whether you received orders to buy bofore you bought 1000 Anglo-Javas. Is it possible! to remorabor which order you received first, the buying or sho selling order I cannot really
tell you.
The
Entimation
Ship of the Desert
to no less famous than
A Luxury
to
the Man of Tablo
chael and then called on him for 27 I could not have got it.
to realise that Carmichael was His Worship You didn't seem your client. You should have protected his interests. I have done all F could under the bif- cumstances to protect hun. `
give this information upstairs?
His Worship-And you didn't No, I thought my lawyer would ask me for an explanation.
explanation, and you said it was n Mr. Oppo-They did ask for an clorical error.
:
Mr. Douglas said ho proposed to call Mr. Jones and Mr. Somekh, Read, the prosecutor. Mr. Ka- and to nek, a fow questions of Mr. deoric he understood was not here (in Shanghai)..
The case was then adjourned.
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STEAM FOR STRAITS, CEY- LON, AUSTRALIA, INDIA, ADEN, EGYPT, MEDITER- RANEAN PORTS, PLYMOUTH AND LONDON.
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The Canadian-Pacific is plan-Tunocou DLLS OF LADING ISSUED ning now lines to open up the districts of Western Canada. Millions will be spent in duplica tion works on the transcontinental railway.
To-day's Advertisements.
HONGKONG HÓTEL COM-
PANY, LIMITED.
BALT
YEARLY MEETING
or
The TRANSFER BOOKS of the
By Order of the Board,
0. MOONEY,
Secretary.
[908
NOTICE TO SHAREHOLDERS.
Ilis Worship Can you explain how Mr. Somekh's name was loft out of the settlement schedule? THE ORDINARY It was on the 28th Junio, in the SHAREHOLDERS will be held at avening. Thoro wus a rush. the Company's Hotel on SATUR- They gave us half an hour to bring DAY, the 25th Febratry, 1911, nt. our schedulo to arrive at the de- 12.30 r.., for the purpose of receiving ficiency in order to meet the sota Statement of Accounts of the Com- tlement and we were rushed very pany to the 31st December, 1910, with quickly. Everyone of us wont the Report of the Directors, and to My clerk as I say was now to the petantly build before the Meeting to his office to bring the schedule. disenss any matter which may be com business-I had employed him Company, will be CLOSED from the only three months, he was work 191ft the 25th February, both days tion to you, do you mean to Whito?-He bought them back.
ing at it and I hustled him. inclusive. that you never owned any shares
Someone telephoned to ask me in any of these companies between
Mr. Oppo Then where did the
about the settlement, why it was March and June? What is your shares you sold to Murphine come
postponed. We hustled and gave auswor 2-1 said No, but I have from?—I don't know where they
them the schedule and they Hongkong, 20th Feb., 1911. are, They may be in the next
arrived at the deficiency. The book. They must be somewhere.
Mr. Oppe-As a matter of fact next morning it came to my mind HONGKONG FIRE INSUR- Mr. Oppo-At what did you the moner you received from the that I had not put in four names. soll these shares hek to White? Stock Exchange pool went to pay The first was Mr. Somokk's and I
ANCE COMPANY, I sold them back on the 12th for these Senawang sharos ?-Yos, wrote his name in ink and the
LIMITED: Mr. Oppo-Mr. Mutthows re-and 13th April, so he made Tis. if they didn't receive it they would others in pencil. I had to give ports that you malo out of job-13 profit.
not have paid mo Tla. 234,000. Mr. Tabbah Tls. 556. The other bing transactions or stond to Mr. Douglas-He has got the
Mr. Oppe And tho money you two, whose names I need not make on jobbing transetions about witness'd account that circum received from the Stock Exchange mention, owed me money from Tis. 30,000 for the Juno settle stances had forced him to do job-or the Cathay Trust included the Deconiber 1909. I financed them ment. If the settlement had bing transactions. It is there.
profis you had made by broker- and they gave me a promissory gono through properly you would
ga?-At first I was not willingnoto for March. In March they have made about Tls. 30,000.
to receive it. It was forced on mo. could not pay and I renewed their Do you agroo with that or do Mr. Oppo-On some of those Mr. Oppe-Well, the money promissory nota till June, so in you deny it?-How can I agree transactions yon made a profit? that was forced on you covered duty bound I said "what I have or dony it? You can work it If you had asked me two or three the price of the shares you had got, let them have it all." out yourself if you like. days after the settlement I should taken up and your jobbing pro- have been able to answer ques-fits?-Yes, the money that was tions of this sort. It all looks to forced on-me against my wish to me as a dream.
Mr. Oppe-Do you deny you nock and other things, and all my there. I had to rush to the Ex- necopt it, this stone mill on my
books? No, my clerk was not Hongkong, 20th Feb., 4911, Mr. Oppo- shall put the mado a profit?-I do not deny it profit and commissions. question to you differently?—or the oflor way about.
Witness was unable to produce chango to do the settlement ón Can any ordinary or extra- Mr. Oppe-On the 11th Marchione contract with Somekh and the 20th. ordinary man work with one you purchased 2,000 Anglo-Javasons with Kadoorie,
His Worship What called book and any I made that. I at 15 and sold them in different Mr. Oppo-You have made a your attention to Somekh's should any it is not accurate, lots at prices ranging from 15 to complaint that the Stock Ex-account? Because I didn't want Atty accountant would say the 21. If you did that you made a change asked you to sign a bank- to forget it.
profit? It is a profit according raptey notice against Carmichael? His Worship-With rogard to Mr. Oppo-You can put any to the paper, but not in fact. TheYes.
the 200 Ayer Tawvalis at 27. You necountant you like into it. Did market was going up and what Mr. Oppo-Now were not you say you thought you bought from you make any profit or did-you am I to do? Give the shares asked by the Cathay Trust to sign Kadoorie at 20?--Yon, incur any loss in jobbing trans-back to Wattie? This sort of that notice? The Exchango and
His Worship-Thon why did actions for the Juno settlement? thing happens only once in a tho Cathay Trust.
you soll to Carmichael at 27 7—— -I did not put the profit and century.
Mr. Oppo-When you were ask Because Kadoorie gave me à con- loss down, I put it all in a lump Mr. Oppe-If that was so youred first by the Cathay Trust, did-tract for 27. The matter was
answer to the Judge that two n't you say that if the Stock Ex- still in disputo.. million taols passed trough your change asked you you would re-
His Worship-But you were hands in the settlemont but none ply? I said I was an agent for the Carmichael's broker?-Yos. for yourself, is untrue?The committee. balanco in my puss book was not increased.
Mr. Oppe-If the books show it then is true?-One book cannot allow true; he is got to go to tho, other one."
sano.
sun...
Mr. Oppo-Did you ever mako any transactions which would have shown a profit?f date say there must be some profit and some loss.
Mr. Oppo-Very well, I do not [need to go into the matter.
..
Mr. Oppo-The committoo-nak- ed you and you said that if they Mr. Oppo-It put money into would withdraw your suspension your pocket in one form or you would considor the matter? another?-I cannot see that,
Mr. Oppo at this stage drow the attention of witness to the "Statement of Jobbing Trap sactions" compiled by Mr. Mat- Mr. Oppo-You admit solling thows,
short in Langkats and Sumatran Mr. Oppo-That statement for the March settlemont, and phows that on the 11th of March" wore caught?--Yos,
Yos.
Mr. Oppo-And that is how the Stock Exchango came into the matter? No, I wanted to know
hout my suspension
His WorshipYour clork made up that account on the 28th. Did you check it the next morn- ing right through with your
His Worship-Thon why should you make terms with Kadoorio and not think about your client?I did think about my oliont. I tried very hard with Kadoorio,
THE
I Steamship
*ASSAYE,"
Captain Owen Jones, n..., carrying, His Maesty's Anile, will be despatched from this for Bombay, &, ou
SATURDAY, the 4th March, 1911,
at Noon, taking passengers and Cargo for the above ports in connection with the Company's 6.8.-"Macedonia," 15,000 tons, from Colombo, passengers' accommodation.in which vessel is so- oured before departure from Hongkong..
Silk and Valuables, all cargo for France and Tea for London (under
argement) will be transhipped at Colombo into the mail steamer proceed- ing direct to Marseilles and London: other cargo for London, &a, will be conveyed vin Bombay by the ... April, 1911. "Persia," duo in London on the 14th
Parcels will be received at this Office until 4 P.. the day before sailing. The contents and value of all' packages aro required..
For further particulars, apply taa. E. A. HEWETT, Superintendent:
Hongkong, 20th Feb., 1911. [4
inrms,
20 485
IRICKS:
4 Dor, Quais seen $12,00′ por casa. 8 Dra. Piots $13.50 mm Hongkong, 16th December, 1910.
C. E. WARREN & CO
30 & 32, Dos Vaux Road:
GRANITE AND MARBLE. MERCHANTS.
Illustrated Catalogues of Designs of FIGURE MONUMENTS,
HEADSTONES, CROSSES, &o.
On application. Hongkong, 9th Feb., 1911.
[874
A LING & CO.
FURNITURE AND PHOTO SUPPLIES.
DEVELOPING, PRINTING & ENLARGING.
10, Quoon's Road. Hongkong, 6th Feb, 1911. [868
PO SING
JEWELLER & SILVERSMITH No. 1, Porrinan STREET.
[86
CANTONESE SILVER WORK of every description dona hore, THE BRITISH FOREIGN Moderato Pries.
IMPORT & EXPORT COM- PANY, Central Buildings, Liverpool;
Xmas and New Year Presentsing. THE FORTY-SECOND ORDINEngland; is prepared to receive, Con- grant variety, and at apostal rates. salte HOLDERS will be held at the Oflices
ARY MEETING SHARE signments of Local Produce on best able to all tastes and purses. of the undersigned at 12 o'clock
Hongkong, 2nd Nov, 1910. (noon), on FRIDAY, the 10th March, Company will be CLOSED from the
th inst. to the 10th proxima, both" days inclusive,
JARDINE, MATHESON &
CO., LTD., General Managers, Пoxoxoxo Far INSURANOR
· ́ ̄Company, LuMITED. -
[909
The TRANSFER BOOKS of the
Theatre
CITY HALL.
Royal.
HENRY DALLAS SEASON, "THE FOLLIES,” Arrangement with H. G. PELISION,
By
י י
from the'. APOLLO THEATRE,
London.
To-night! To-night !!
at 9.15 p..
Second
Programme!
II.
Second Programme!!
Second Programme!!! EVERYTHING NEW,
INCLUDING:
G. PALIBIRn's Famous Burlesque
of a
PANTOMIME.
Plan at MOUTRIE'S, Business Manager:
HARRY A, DOOLEY. PRICES AS USUAL.
His Worship Did you mention it to Carmichael? No, he gave me a carte blanche. If I had montioned the disputo to Carmis Hongkong, 20th Feb., 1011, 894.
Port Wines and Clarets.
Rise in Prices in EUROPE in consequence of the complete
failure of the 1010 Vintage.
F
We are prepared to most local demands
AT OUR OLD PRICES,-*
and to supply Wines in Bulk
AT THE SAME PRICES,
7
(for the same quality of Winos) as were charged to residents
by their Home Wino Morchants before the failure of the 1910. Vintago
Bamples and prices on application to
H. PRICE & CO., LTD.,
WINE AND SPIRIT MERCHANTS,
12, Queen's Road Central,
HONGKONG.
Telophicne No. 135-
Hongkong, Oth February, 1010,
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