THE HONGKONG TELEGRAPH FRIDAY AUGUST 4
THE RIGHTS, DUTIES AND à usage be binding, in England, LIABILITIES OF SHARE- which was contrary to the provi
BROKERS.
{sions of the Gaming Act 1802 (56
and 56. Vict. e. 9). [Copyright.]
'Introduction.
A SEAMAN'S DEBTS
COMMERCIAL.
191
THE LATE MR. G. W. NOEL
We record with deep regret the
Borrowed Money from Landlord | The_Manchurian Bean Trade-
Beforo Mr. Justice II. II. J. The effects of tlio outbreak of By the ungos sud prooice of the Stock Exchange in England, Compot, Prime Judge, in the plague upon the Manchurian death of Mr. G. W. Nool, of the
Just Saturday, To Hing Keo, of
LOG BOOK.
Steep Island Fog Station.
Tho, experimental alterations
298
· THE UNIVERSITY.
A mesting was held at Govern mont House on the afternoon of July 25th to consider the proposal that have been made at Steep to hold a Chinese Fete or Bazaar,
The subject about to be dis- and according to the Hules of the Court of Summary Jurisdiction Loan trade last season hardly well-known firm of Nool, Murray Island Fog-station have mot with probably in Murch next, in order
Į to raiso further funds for the En-
cussed in these pages as to the boily its members deal with one 150, Templo Street, Yuu-ma-ti, require illustration, but it is& Co., which occurred at his large measure of muccess, the dowment of the University, rights, duties and liabilities of another as principals. Every sund i Mao, of 22, Un Cheong interesting to note that, wherone residence 12 Love Lane, on radius of audibility of the sound Those present included Hon. Mr. sharebrokers is one of undoubted bargain, therefore, whether for Street, Tau-ma-ti, to recover the during the first to days of turday, the 24tlı inst. interest to practically every mem-account of the member effecting:
sum of $158.80, the claim being January thirty-ton cura wero.com
having beon. greatly increased. A. W. Browin, O.M.G., Hon. Dr. ber of the community in Hong it, or for account of a principal, made up as follows:-Provisions
Mr. George Washington Nool A new mouthpiece has been fitted Ho Kai, O.M.G., Hon. Mr. Wei kong, for there are very few indeed must be fulfilled according to and rice supplied $3; loan 80ing into Dalny at the rate of 151 was the third son of the late to the instrument and the horn Yuk, C.M.G., and eighty Chinose who have not invested or speculate the regulations of the hour interest $65.80. Mr. Co Kong per day, by the 4th February the David Colo Noel, M.)., L.R.C.P., turnou experimentally, to the gostemon, including all the pro-
minent Chinese residents. ed in shores, and probably a very (Rulo 4) (Grissell v. Bristowo L
per Sing appeared for the plaintiff number and fallen to 60 ears small percentage of these havet. C. P. at p. 53). And, for the and Alr. Babier Juliusos, of day, the lowest number roached and was born on April 30, 1858 south-east. With it in this direc
At the suggestion of H.E. the more than a dim idon either of convenience of business, there Messrs. Jubinson, Stoles and Most being 42: On December 24th, at Upper Tooting, London, S. W. on the revonne steamer Lishing Governor the gentlemen present was able to hear the syren at decided to form themselves intu their own rights and duties, or of wore established two different
1910, the price of beans in Dalny to was thus in his 56th year distance of thirteen miles to the those of the store brokers they have descriptions of member of the was for the defondant.
Mr. Kong Sing stated that the WAR, in silver you, 3.16. On whon he passed away quietly at southward when slonming full Gonoral Committee for tho employed.
Stock Exchange-brokers and
their price The conditions existing in Fug-jobbers. The business of a broker provisions mentioned in the writ January 11th,
word really board and lodging.
stood at 3.32, and within a few midnight on Saturday. He was speed and fourteen miles with the Purpose, and asked H.E. to be their Chairman, to which he lund, and in other Europeans to act entirely for his praepal Defendant was a seaman living at days it had jumped to 4.04. On educated at the Wesleyan Col-origines stopped. To the north agreed with pleasure. It wa countries, are so very differ in neying or selling shares, the plaintiff's boarding-house in July 5th, the price was 3 94.1-4. leginte Institution, Taunton, which and a-half milos steaming and mittee should be formed, to draw the sound was audible for nine proposed that a preliminary Cont from those which exist in a small tho caso uy be, while that of a 1900. Defendant lived at the Plague, however, was not the only college was chosen for him, and oloven and n-half miles stopped. up an outline of proposals to be Colony such as Hongkong that it jobber consists in bringing toge barding-house altogether for five cause of the marked decrease in all his brothers, perhaps becausó The lightkeepers have been given submitted for the consideration of would som to be not altogether ther the buyers and solers. The months. The rate was $1.50 per the export of beans from Dalny to easy to apply the laws which ro broker so long as he carries out gulate the rights and duties of his instructions, and falfils his math, which totalled for the five Euro. Shipments to South the lato ter. Moulton, of Leys instructions that the syron is to be tlie Goueral Committed, lies of shobrokers in the United King duties na ngant for his principal, as $22.50). During the time in Sangha, Amoy, Swa- School, Cambridge, was formerly sounded until further orders decided that when the proposals doni to the brokers of this small is under no liability, except under house, ho also asked the plaintif tch larger last year, and this to Dr. Noul. In 1873 Mr. G. W. steamer in order that shipmasters proved by the General Committee not on the approach of a coasting had been submitted to and ap- defondant lived at the boarding ow, and Canton--were very a Mastora Taunton and was related whether the weather is clear or of the Preliminary Committee Colony and of Shanghai; but it is the tales of the Stock Exchange to supply provision is another tended to keep up prices. It submitted that, so far as it is to the jobber, but against this possible to apply those laws, they liability he is entitled to be indem-pson, the pricoof which amount should also be remembered that Nool joined Messrs. Thorne and may be given an opportunity of the latter should select committee Defendant also there are 12 bean mills in Daily, Lea, of Mark Lane, London, the losting the apparatus and reportive Committee to undertake tho
ing thereon. On July 12 tho should, and would, be applied by nified by the principal. (Ex. Porrowed $80 from the plaintiff These can so 22,850 picuts per well-known to merchants, and inhina Morciants' stramer Tooniu organization of the work. the Supreme Court of Hongkong Rogers A.D. 287), but the jobber, and interest was agreed upon at day from which is pro- 1875, at the oarly age of 19, he hoard the syron distinctly at a and by 11.1. M. Supreme Court on the other hand, runs torsonal the rate of cents per dollar. Induced 2050 piculs of oil, was sent out by them to Shang distance of thirtoon milos to the risk of loss, and is, to all intents 1908, the defondant paid $20 to and 35,700 pieces of boon hai to join the Yuen Fong south while stonming half-speed, in England the duties and and purposes, a party to the con the plaintiff on account of the ako. Thus the bean trade of Hong, where for a time he The wind at the time was N.N.W. very largeestent regalatol by the shares. The broker, when in-principal and in settlement is by no lade dependent was book-keeper, and later beforeo 3, Temperature 78 degrees
of the interest, up-to-date. The upon the export trade to Europe. came Alamger of tho firin. Inand Barometer 20,78. Misty we just published appears the follow- Stock Exelange; and the urges shares, never approaches u would plaintił was now claiming interest/There appears to be little ground 1887 he resigned his position and ther with Sleep Island bearing ing intimation from the. Right of that body boing notorious and bo'mirchaser direct, but applies from Decombor till the presont present for assorting that the joined the late Mr. Lewis Muoro in approximately N.. 3-4 W.
new draw-back granted by the his business, but did not long ro
Hon. L. Harcourt, Sourotory of time at the ag eed rate.
Evidence was called and judg laganesoGovernment to Japanese main with this firm. He decided A big opium seizure value general, as well as reasable and a jobber to make a price, with-
| State for this Colonios :— lugal, all persons employing out stating whether he wishes tot was entered for the plaintiff exporters of bean oil has had any to start business on his own ac$27,000 took place in Juno on to Mr. Chamberlain's circular Ilve the honour to refer you' brokers to buy or sell sharos for buy or to sell. The jobber, then with cost
Teck upon the export of beans count, and it was about this time board the America Maru at Sun despatch of the 18th of December, them are bound by such usagos, dates two prices, at the lower
from Dalug. The draw-back was he became associated with the late Francisco. The drag, placed in 1897, and to inform you that it and mast bo taken to have of which he is prepared to buy,
of last year and hus not, therefore, the building up of the firm of Noel,
of China.
liabilities of its members are to a truet for the sale or purchase of
rules and usages of the London structed by his principal to sell
to $13.00.
Big Oplum Seizure.
PLAIN SPEAKING.
By the Colonial Secretary. In the Government Gazelto
authorised the brokers to act in and at the higher of which PROMOTION OR HONOURS. first instituted about the middle Mr. W. C. Murray, the result being tubular metal cases was discover appears that the influence of
In Colonial Service.
Bean O11.
accordance with the rules of the is prepared to sell, subjøet 1o.
had much time to make its effect Murray and Co., which was after ed, on information obtained in Members of Parliamentand others Stock Exchango, and will bathe rules of the Stock Exchange.
felt. The coming season should wards convorted into a limited advance from Washington, in the in this country is still sought by deemed to have submitted to him]If the broker agrees, to soll at
In a letter from Downing Street, show how far trado is likely to be liability company. In 1904 Mr. The officials are at a loss as to vice as u means of bringing their Iresli wator tanks of the steamer, somo ollicers in the Colonial Sor- bound thereby. Even if the prin- the purchase prico stuled, the appearing in the Government livorted by it.
Noel madon trip to England, and cipal is personally ignorant of salo is fixed for a certain day Gazette, the Secretary of State for
it was while attending the wedding
how it got there, who placed services to the notice of the Secret- the usages of the Stock Exchango called the "account day" and the Colonies writes as follows:-
who is conary of State with a view to con- Bean oil, on the contrary, has of Mr. Duncan Glass that he met his it there, and "it is now thoroughly established on the day preceding that day Letters recommending Colonial shown extraordinary expansive-wife, Miss Nora Simpson, daughter neeted with what is evidently sideration for promotion. that a person who deals in a called tho pure day') the oflicers for promotion or honours
the work of a band of con- The objection to such pro- general market is bound to on-jubber is bound to givo to. the lare received at this Ollico from soff the pluguo. The following proprietor of the Old Dock.. Enspirators. Suspicion falls upon codure is obvious, but, as it
ness, despite the adverse influeneo of Mr. James Simpson, formerly quire what its usages are; und broker either his own name as many corresposidents, who appear that those who deal with him to purchaser of the shares, or mye been appealed to on thogares, which have been carefully in 1905 Mr. Simpson visited the Chinese waiters, pantry mon does not seen to be sufliciently have a right to hold him bound the name of some other purton ground of their supposed in-portod front Dalny during the daughters, and it was then. Mir not see how that amount of opium be glad if you will take stop to ly verified, show the amount ox- Shanghai,accompanied by his two and stewards, as the officials can realized in some quarters, I shall by them" (Lard Blackburn into whom no reasonable exception fluence, but who have neither first five months of this year, as Noel, becanic engaged 10, and could be smuggled through their make it known again to public Mollett v. Robinson L. It. 7 C. Pjenn be taken-who, in fact, is themselves been connected with 84). (It was, however, held in tho competent and willing to take the Colonial Servico nor are in a
compared with the corresponding married, Miss Nora Simpson, the quarters and lowered into the officers serving under your Go wedding taking placeat the Cathe-bottommost part of the vessel vornment that this proceduro is caso of Perry v. Barnet 14 Q. B.1). the shares. Until that name day position to judge of the merits of figures for the provious year:-
dral on April 27, 1005. There is without their knowledge, that a disapproved. Among other means 407 and 15().B.D), 388 that where it is not known who are the actual her candidates for similar pro-
number of them, if not all, were this and the preceding circular Jone little daughter, now five years a contrael, void in law, was mado principals in the transaction, but motion, that I am compelled to by a broker for his principal, the the jobber remains porsonally request, you to make it known
old. Last year Mr. Noel became in the secret and expected to get should be published in latter was not bound by usagos of liable to pay for the stages at the among such oflicers of your Go-
very ill, and travelled hoine at the piece" out of such a magnifi-Gazette. end of June, returning in Octo cont windfall, if it wont through Arrangements are in existence the Stock Exchange which wore price agreed upon, and should be vornment as it may be likely to unknown to him, and whoreby not name a responsible purchaser affect, that I do not approve of
bor much improved in health, successfully, is the belief of the in this ollica which ensure duo Customs people and of tlio Japan-consideration of the claims of all At the beginning of this your
suitable oflicers on the occurrence the broker was compelled to carry is broker may sell the shares, the use of these means to influence out the contract in question.) and the jobber will be compelled my judgmen, and that applica
old heart trouble again made uso officers of the ship as well,
The itself unpleasantly apparent, and And, as stated in the judgment to pay the loss.
tions of this kind are by no means
A Nagamki report says that the attempts which have recently been close upon this came the death of new T. K. K. liner Shinyo Maru made to obtain promotion by irre- necessarily of advantage to the
his partner. On being joined by left dockon July 14. The contract gulur means have not been of ad- his brother, it was arranged Mr. of sale of the America Maru to the vantage to the officers concerned.
of the Judicial Committee of Thus, in practically every tran-
the Privy Council in the casusaction in the purchase and sale permons recommended in obtain-
Tous, (1911), (1910.)
1,096 January 4,481 February 4,414 1,797 March 3,128 1,788 April *7,200 1,785 May 5,136 2,084
34,449 8,550
Malacca Rubber; Auction.
of Forgot v. Baxter (1900) A. C.ful slures in England, thore are ing the fulfilment of their wishes. The following prices were Neel should visit Canada, in the Osaka Shosen Kaisha has been at p. 479 "Their Lordships three members of the stock ex- I do not mean to suggest, low-realized at the sale of rubber athero that the beautiful air of think it a sounder principle to change concerned, the elling over, that the great majority of Mulacea auction mart on Satur Lagan would restore his health, transferred to the 0.8. K. after arranged and the steamer will bo hold that when one employs a broker, the jobber and the pur-Colonial gilieers have not already day July 22:---- -
and he was to have begun the the present outward voyage. The broker to do business on the chasing broker, although there a perception of the drawbacks and Fine Sheet
$228.00 per pl. voyage on Sunday. On Saturday Nippona Maru will be put on the Stock Exchange he should, in the may bз many others also concern the irregularity of the proceedings Birk Crops No. 1 $14111
Jovening he enjoyed dinner, was South American line instead of absence of anything to show the ad "if the jobber has divided up upon which I have feltit my duty Birk Crope No. 2 $121.75
"apparently in good spirits, and the America Maru. The captain contrary, le taken to have on the shares mong several pur-të comment, and this should be String Scrap $120.10
chasers, or if there have been stated in the communication which The bidding was koon and
ployed the broker on the forms
13
of the Stack Exchange,'
The Stock Exchango referred to in die caso last cited was the Now York (not the London) Stook. Ex- change, and the principle Inid down by judicial authority is that
intermediate transactions.
To be continued next Saturday)
AN INCIPIENT FIRE.
I havo directed you to make to lots were sold. your officerson the subject.
it should also be sinted that 1 have no wish to discourago direct.
RAILWAYS AGAIN,
More Money Wanted.
Penang Tin and Rice Quotations.
15
11
of vacancies in the service.
AN UNPLEASANT EXPERIENCE.
Horse's Fatal Fall.
Interes mines of the mand
the
An officer on the Wivern at
vory for
rosident and a thoroughly efficient Intest advices craft were alongside gap. As he rode leisurely along he businessman. Any movement or with pumps and have been suc liscovered a narrow path, which to proposal likely to prove of servien
to the Settlement claimed his cessful in keeping her free, but him looked enticing, and, though Serendah Hydraulic Tin Min active interest, and his assistance so far the divers have been unable it was only a Cateli water," ing Co., Ltd. The following are
to locate the leak. Meantime the lismounting he led lite pony was always appreciated. the returnis for June:-
holds cannot be ontored on ac- dong slowly when lo lisovered sarved on the Land Commission, Output
Pls. 80.89d was associated with numerous count of oxcessivo oil fumes. that the path he had chosen, was Value...
$3,976.48 local institutions, including the
getting gradually narrower and 225.00 2,784.29 967.17
+
Landak ore
Shanghai Dramatic Club, of which STORM CLOUDS GATHER. narrower. In fact, euch was the Working expenses .....
he was at one time Chairman. Profit...
He was a prominent member of New faces being opened up the Stock Exchange and his death account for the small output. will be sincerely deplored.
Officials Fear Riskig.
all acquiesced in all the arrange and crew of the new ship have least did not have a
nents that had been made for his arrived at Nagasaki and she will pleasant day, Sunday, journey. On retiring, ho at once soon be placed on the San Fran he met with an accident that complained of pain in the heart cisco line.
is fortunately rare in these region. Dr. Ziervogel, his play- Tin (unrefined), is quoted here sician, was called, and rendered
parts. The officer in question, applications from officers who de to-day, Saturday, July 22, at every possible aid, but his patient belonging to the Anglo-American enced horseman, hired a horeo The sailing-vessel Lyndhurst, who is, we are told, an experi- What might have beon a serious ire promotion to particular ap 19.27.1-2 buyers, no sallers; at fell into unconsciousness and so where a sharebroker is employed conflagration involving probably pointments, or who consider that Singapore (refined) at $92.62.1-2 passed quietly away,
Oil Co., struck an unknown object | from Kennedy's stables in- to buy or sell shares in any par- the gutting of a valuable property their services entitle them to pro-bayors, no sellers, and in London ticular part of the world, where and the contents therein, in the motion generally. Such applicat £192 cash and £18410s, thires Shangliai loses a highly respected five foot of water in all holds. By Stanicy over the Wong Nei Chong By the death of Mr. Nool, arrived at Port Elizabeth with appears that he took the path for off Cape Recife on June 25 and tending to go for a ride. It
there exists a stock exchange, the very heart of the business square,tions will continue to receive ny months' sight. rules and usages of which are was narrowly averted by iko timely careful consideration, provided, of Rangoon rice is quoted at $159 generally notorious and reason-arrival of two members of the course, that, if the officer is in the ablo, the principal is bound by police who had been summoned to Colony when he applies, the Co. par cayan. those usuges" to the same extent oxtinguish an incipient fire. It lonial Rogulations as to the trans as a person would have been broke out in the old Hongkong mission of correspondence through bound who belonged to the Club building and originated in & the Governor are complied with. place (Mollett v. Itobinson). kitchen near the Bijou Theatre! Obviously, therefore, a person bendinmediately bohind the flower longing to the place where these stalls in Wyndham Street. The is a stock oxchange, or (as in kitchen, we believe, is attached to
decrease in the breadth of the way- Hongkong) a Stockbrokers' As-ja new Chinese restaurant which
that he decided to turn the animal Bociation, the regulations and has just beon opened in the old (THE "TELKOLAPH " CORRISPORDENT,
and rotrace hissteps. The path was usages of which are notorious and promises on the ground floor nt
Canton, July 28.
50 narrow at the spot, that tho reasonable, is bound thereby in one time occupied by Cafe Weis Owing to the insufficiency of the matter of share transactions inann' and recently vacated by the funds for carrying on the work on
pony in backing preparatory turning put his foot in connection with which he en-Vienna Cafe. The occupants of the Sunning railway, the manag
Canton, July 28. over tho odge and tell ploys a broker who is a member one of the upper floors observed ing director of the railway in
For the last few daya, rumour The distance that thounfortunate of that Exchange or Association, smoke issuing from a narrow lane question has applied to the Cau
|of.another rising las boon flying|animal fell is estimated to be But it is necessary that the roguand on looking into it saw that aion Viceroy for permission to issue
Before Commander C·W.
in the air, and the panic-stricken about one hundred feet and cón- lations and usages should be both window was aflanio. The alarm a foreign loan for the completion ·
Beckwith, R.N
people are fleeing out of Canton sequently it died as a result. The legal and reasonablo. If any such was at once raised and an Indian of the line. The Viceroy has
Unlicensed Boat
in large numbers daily. The body of the horse had to be left usages are oithor illegal or un- and a Chinese constable in the consulted the Ministry of Com Kwok Shui Kan, master of an
state of affairs has reached the where it fell over night but this reasonable unless it were proved neighbourhood promptly rushad munications by telegram on the unlicensed boat, was discharged
Bars of Is Excellency the Vice morning some of Kennedy'a that the principal was fully aware in and reached the kitchen by mbjøst. The Ministry in reply with a caution, and ordered to
ray, who concludes that the thing employees were sent out to bring of the unreasonable usage and means of the first floor. Fortun- says that the loan advanced to the procure a license, for being with
must have been brought about by the body in raised no objection to it in the utoly there was a plentiful supply railway by the Taching Bank need out ono when using the waters of
II. E. the Viceroy has tele- the silly action of some of the Tho path which I first whe first instance. (Soymour v. Bridge of water available and several not be redeemed for the presont, the Colony,
graphically instructed the com- officials, who have removed their bread, and looked quito suit ible 14 Q.1.1), 480,) they could not bucketfuls emptied on the burn-The Viceroy has now instructed The evidence of P. O,Grimmett manders of gunboals and the families out of Canton. The for riding along, gradually de be binding.g. a usage that a ing window succeeded in extin- the Thotai of the Promotion of was to the effect tint le boarded deputies in charge of the different people mo simply following creased till it was only al o it a sharobroker was not bound to die-guishing the flames. More fortun- Industries to advise the maung-the boatard demanded the licence. Pekin stations to order all the their buil examples. The Viceroy foot wide." close to his principal (the sellor) ato still was the fact that the outing director of the railway accord- Defendant admitted he had not coxswains of steam launches to has consequently instructed al
Merchant Shipping. the name of tho purchaser of break occurred between 8.30 and ingly. It is reported that it is got one.
reduce their speed when their the officials holding positions au! sharos not fully paid up, and at 9a.m. to-day when people were the intention of the Ta Ching He told the Commander he had crafts are proceeding up the West the expectant ones not to leave the H.E. the Governor his appoint the same time remained under no about. Had the fire taken place Bank to advance a further loan to no money to pay for one, but would River, as the dykes might be City without permission from the od Mr. Robert Hunter to be sur- personal liability to his principal, when the business premises were the railway in order to enable the got one at once as a friend had easily broken by the waves caused Viceroy. Any official disobeying veror of steam boilers on uniicens* would be most unreasonable, and of wod, there might have been a completion of the line without any promised to lend him the neoes by the motion of the launchies at the order of His Excellency will of steamships under 60 trus would not be binding; for would different report to record. - trouble,
gary maney,
full speed
MARINE COURT.
*Saturday.
iti
The funeral took place on Tan "TELEGANZA” COREKSPONDENT) Monday afternoon, when the ro mains were cromuto.-"N.C.D. News,"
WARNING TO NAVI- GATORS.
(THE "TELUIGATII" GORUESPONDENT;
Canton, July 28.
The punished without leniency,
to
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