THE HONGKONG TELEGRAPH, THURSDAY, SEPTEMBER 13, 1917.
A PATRIOTIC CALL.
THE HONGKONG STEEL FOUNDRY COMPANY, LIMITED.
PROSPECTUS
Inviting public.subscription for 85,000 shares at par ($10 each), upon an increase of the Capital of the Company.
Tis desired and a” resolution for that purpose has been purred, to increase the Capital of the Company to $1,000,000 by the isine of new shares, for the purpose of extending the business which is firmly believed will, if so extended, not only prove exceedingly problable to all interested in the Company, but will also supply a want to local conceros.
The Capital of the Company is now $1,000,000 of which only $78,080 has been paid up and, on this the Company last year made a net profit of $19,817 and paid a dividend of 19 per cent at the end of the present financial year. It is anticipated that doubling the Capit will at least treble the profit; andi should this anticipation be malized, the Company could pay at least a steady Twenty per cent.
Steel Castinga see needed for numerous purposes by alt Railway contractor. Engineering and Dock Companies, everywhere in China. and by many small manufacturers. At present large portion of the Steel products which this Gompany is able to manufacture is obtained from abroad-at probably a great exprusetin conseqience of the very limited espacity of thas Company to carry out orders received. With an increased Capital, enabling more furnaces to be erected, and more labour employed, this Company would then be in a position to supply most of, if not all, the needs for steel castings in this part of the world; for, with the experience now apquiredby the General Managers. and by, their present head workmen, there should be no dibiechy whatsoover in most satisfactorily fulfilling such requirements.
It is much desired that suficient additional capital be subscribed, beyond that which is required lost the further development of the Meri Casting department, in order to enable a plant to be obtained, and set up, for the purpose of rolling Steel ingats into material for Engineer. ing, Duck, and Building requirements ; for which material there is nuw a great demand.
It is therefore trusted that many persons in the Culony will be found ready to subscribe towards the increased caputal desired, both for their own benefit, and for that of the community generally.
The General Managers are ready and willing to enter into any reasonable, agreement desired by the Company to continge their services for a lengthy period. Also, if desired by the Company, they are fully prepared to transfer the control to à Board of Diretor, comprised of such persons who are in a position to introduce business, as the Company thinks advisatie.
The minimum subscription for Ühe new shares now offered to the public, upon which the tieneral Managers may proceed" to allotment, is $200,000,
MR. C. BERNARD Bnows of the firm of Messrs. LineTEAD o Davis, Hongkong, is the Auditor of the Cumpányz
A copy of the prospectus has been duly Bled for registration with the Registrar of the Companies,
Application for. Shares, should be made to the Connady's Bankers, or the ellice of the General Managers, where forms will be, supplied.
GORION & CO..
tieneral Managers, “
Dated the 22nd day of August, 1917.
The Hon. Mr. Lan Chu Pak.. The Hon. Mr. S. H. Dodwell. Mr. A. G. M. Fletoher, (Clerk of Councile.).
REPORT AND STATEMENT OF ACCOUNTS FOR 1916-17.
Report preceted to the Bhursholders at the Sevanth Ordinary Genaral Meeting held at the Ofios of the General Managers, on" Wednesday, the 13th Augum. 1917, at 1106 o'clock a.TOL"
The General Managers have now the pleasure to mabuit their annant report and statement of the Company's awernis made us to 31 May, 1917,
- 1 The profit for the year ended Tist May, 1917, after allowing for internet. Anditor's Fem and writing of depreciations on Compent's Hunt, Machinery, Lesncline and Stock, $18,817.93. This meant gather with the sum of $19,545,62 undistributed prost brought forward from"/ last year make art available Talamor në $39,565.1%, which it in resolved to appesprint follows: To plans to Remeron Fand $10,033,00. To pay a dividend of $1.00 Dey share 87,999.007. To carry forward to crudit of next year's koncunt $71,558,53.
Dr.
SHARE CAPITAL.
■
BALANCE SHEET AT 31st MAY, 1917.
"LIABILITIES.
Authorised 100,900 shares at 110 wach ... $1,000,000"}
18,000
5,000
Lessed 7,808 #pon jel $10 mach KORTGAGE ACCOUNT
SUNDRY CESSATORS ozluding General Mannarna" PROFIT AND LOBS ACCOUNT.
Balance as per fast noonsant Prost for the year
To interest Acomant
Auditar's For..
ASSETS.
Mariery, Meling Puenneen, Foundry Plant Anameling NJË and Toole ineluding
Perbesting Chambers and aden all rights
to secret prúdommen vs par laat mount #83,958,15
soldi, &c.
Que Depreciatios
"Cr.
6.419.15
19.51793
Additions during the year...
4,536.04
31.366-53
Vajas et 2 Launches sa par laat menent
4,500.00
450.00
4,050:00
Off
Furniture and Fixture, including valuable drawings sa per laat krement
F10.60
Les Depreciation
KL.00
Bock in 1ŐO
Le Deprecation
795.HU
Work in greek,
Aerounis Heceivable
13.76
Bank 7.21,5
Cals at Bank and in hand Ch 187.38)
€ 143,007
PROFIT AND LOSS ACCOUNT.
Depresion Machy. Plant. Euck, &.
.. Write of old Machinery
Probic on the year
For the year endlag Sist May, 2017.
By Elance Working Account
一
28.1177/
GORDON & Co.
General Managera,
3 report that I have Rudited the above Iafunge Sheer with the books and vouchers of the Company and have found it to be in wordane items,
I have swerved all the information nod explanations ? laro nequired. Redigeraciation bas born wi
Cwritten off Stwf Promo Patrut Rights which appear in the brika at their original cont samo's E138.56. Subject in the fregung observation in my opining mach Balance Sheet it property drawa do mo na la extulit a true and mistici view of the state of the Chmpany's affairs nevarding to the beat of
· my uformation and the extincat que gaven que unul ne ehown by the books of the Company. /
C. BERNARD BROWS, ACA. linkou, Guh August, 137,
Auditio
The Register for application of Shares will be closed on Thursday, 1st November, 1917, at 3 o'clock.
Jury Service.
CENSORSHIP CASE.
To by valuened to the applicant,
To he retained by the Berkan.
This form should bo seht entire, with a cheque for the deposit of $10 on each shars to the tankers of the Kenyany
CHARTERED BANK OF INDIA, AUSTRALIA
AND
CHINA.
HONGKONG STEEL FOUNDRY CO., LTD.
Form of application for Shares.
To the General Managers of
KONGKONG STEEL FOUNDRY COMPANY, LIMITED.
Gentlemen.
Having paid to the Company's bankers the sum of s being a deposit of $10 por sham for
shares of 310 each of the above named Company I (or we) request you to shares on the terms of the allot to me for uş)
་
Company's Memorandum and Articles of Association and I tar we agree to accept the same ce any less number that your may allot to me (or us) and I (or we) authorise you to register me (or us) as the holder (s) of the said sharus
Name in full
Address
Description....
Date...
Signature...
Receipt for Application Money.
Received this
day of
on account
of the Hongkong Steel Foundry Co., Ltd, from
the sun of E
$10 per share upon above named Company.
being a deposit of shares of $10 each of the
For the Chartered Bank of Tudia, Austraila and China.
Cukier,
$.B.-The nuript when returned to the applicant wat be proverend, and eventipanamed by, romeipt for the wuzount due on aliotzzoni, 4:11 be exchanged in
İzmir for a iridente.
BLACKSMITH SUED.
AIR RAID WARNINGS.
London's Sound-Bombs In Use. London on July 22 experienced
Skould the amusant of 6500
Mr. Justice Gompertz) a claim the poorer districts were soon lear Chinese newspaper, the "Chung for $225.15 was made by Messrsing their small dwellings and mak- Ngoi San Po." under the Censor Donaelly and Whyte, wine ing for the nearest railway stations abip Regulations, was resumed. merchants, against Wang Loong, and tube subways where greater Mr. Longipetto, Assistant blacksmith, of Stanley Street. asfety was afforded. The people Grown Solicitor, appeared for the The defendant had become liable were quiet and not at all fright, p:occation and defendant was to the debt bystanding sened. Most of the motor-bases represented by Mr. Lo D'Almada. guarantee for Ms Wai-nam, by an travelling at the time pulled up
Cross-examined by Mr. instrument dated Jane 9.
on the firing of the aigasls, and Longinotto, the defendant said he Mr. E. J. Grist, appeared for tramcare were also brought to a contributed leading articles to plaintiffs, and the defendant was standstill, and quickly discharged another paper, but he did not neither present nor represented their passengers in order that edit ît.
Mr. Grist stated that Mr. R. O. they might take cover. Shortly Why did you publish the Faithfull was acting for the de- before ten o'clock the "All olear" articles complained of in your fondant until recently, but he had eignal was circulated. paper?-To fill up the gaps. now no further instructions.
The arrangements for "warning
LEGISLATIVE COUNCIL. mente.-C. Prison, other charges, forcing discipline and pruish-aitaled An Ordinance to
incidental expences.
ment in the Police Reserve except locilitate Legal Proceedings A sum of $1,000 in aid of the by bringing the delinquent before against Ezemice la certain casse. vote Kowloon-Canton Railway, a magistrate. That involved The Hon. Colonial Secretary A meeting of the Legislative special expenditure, pips line at a good deal of publicity which seconded, and the Bill was read a Further Hearing this Afternoon. Judgment Given in Mis Absence. its first air-raid warning by means Council was held in the Council Taipo.
perhaps would be somewhat of a first time.
of the new sound bombe, About Chamber this afternoon, when A sum of $5,300 in aid of the hardshipons man and which would The object of this Bill in to Before Mr. J. R. Wood, at the In the Sammary Court this 8, 30 the signals of an impending those present were :——
vole Public Works Extraordinary, not always be good for the reintroduce here the provisions of Police Ocurt this afternoon, the morning, before the Paisae Judge raid were fired. Whole families in H. E. the Governor (Sir Hongkong, miscellaneous, Oape patation of the force. Even if the Legal Proceedings against case against the editor of the Francis Henry May, K.C.M.G.) D'Aguiler Wireless Telegraph charge were disproved, a certain Enemies Act, 1915,5 and 6 Geo.
H. E. the General Officer Com- Station, repairs to 100fs, construc amount of obliquy sometimes 5, c. 36. manding the Troops, (Major- tion of a tennis court and wire attached to a man. All other General F. Ventris.)
netting for same, water supply, militery and police forces had The Hon. Mr. Cloud Severn, paths, &c.
some powers of internal discip Colonial Secretary.
A sum of $350 în aid of the lins, such as the imposing of The Hon. Attorney Generel The Bon. Mr. J. H. Kemp, vote Kowloon-Canton Railway, ass. Under this Bill, the Hon. moved the frat reading of a Bill Attorney General.
special expenditure, additional C.S.P..could make regulations for intituled An Ordinance to amend The Hon. Mr. W. Chatham, accommodation for Customs the discipline of the force and farther the Jury · Ordinance, C...G., Director of Public Works, usmiastion at Kowloon Station. Claces 4 reaffirmed the right he 1887.
The Hon. Mr. E. R. Hallilar, The Police Reserve. already possessed of issuing de....
The Hon, Colonial Secretary Becretary for Chinese Affairs, The Hon. Attorney General pertmental orders. The Hon. seconded and the Bill was read
The Hon. the Captain Superin- moved the first reading of a Bili 0.8.P. would have the right to ■ first time, tendent of Police and acting intituled An Ordinance to amend panish a man by a fine not
The abjects of this Bill are as Colonial Treasurer (Mr. C. Mcf. the Specist Police Reserve Ordin-exceeding $25 or by condning follows: (4) to make it clear Measer:)
inoe, 1914, and to remove double him to barracks for not longer that members of the Hongkong You agree with the sentiments Evidence was given by Mr. F. Londoners were in charge of the The Hon. Mr. Wei Yuk, C.M.G, as to the effect of the proclamation than seven days. He had power Defence Corps will be liable to ia: these letters? I never E. Joseland, in the employ of the headquarters of the London Fire The Hon. Mr. H. E. Pollock, made ander section 10 of the said to suthorise other officers of serve as jurore; and (b) to thought it would turn out plaintiffs, who stated that the Brigade, who, on receiving in- KC.
Ordinance on the third day of the force to exercise the continue the immunity from like this. I have seen in man Ma Wai-nam, was at one formation from the authorities, The Hon. Mr. C. E. Anton.
September, 1915:
powers. The Bill dealt with lisbility to jury service which Hongkong papers similar articles. time employed by the firm in immediately telephoned their The Hon. Colonial Secretary other improvements, and these hitherto been enjoyed by No; I do not agres with the Hongkong. The defendant stood eighty fire stations, from each seconded, and the Bill was read & name of the force was changed cortain membera of the volunteer eentiments in them.
sa guarantee for him, and at the of which one-pound naval fret time.
from the Specis! Police Reserve force.
His Worship Did you read present time there was an amount rockets
were Bent up. The objects of thie Bill are to the title given it by its members
the articles before they went in of $225.15 dus from Ma Wai-nam In all 237 rockets were discharged... |88, followe:~(x,) To alter the and the public—the" Hongkong In moving the second reading, the paper?--No. He published on stock.
and they were sudible almost technical title of the special Police Police Reserve. The power would the Hon. Attorney General said the first part of the latter without His Lordship gave judgment everywhere in the London area, recommended by H.E. the Gov. Reserve Force to the title which is still exist of baving serious casos there were two objects in the knowing what the second part for the claim with costs.
in general use, Le., the Hongkong|heard by s Police Magistrate, and Bill, she first one being to make it was going to be, ernor. were referred to the
could Police Reserve. (b) To provide he Finance Committee, and sub-for the punishment of minor ap
to $100," or six kong Defence Corps were not he was a new editor and had not would be likely to convey to the was taking place, there WAO sequently approved:---
breaches of discipline by mem- months' imprisonment. Section 10 exempt from jury service. The been warned by the Secretary public. His Worship would not general approval of the new “ A sum of $350 in aid of the bers of the Hongkong Police of the existing Ordinance would principal Ordinance provided of Chinese Affairs. He knew forget that these regulations were method of warning. vote Kowloon-Canton Railway Reserve in a way which will not be repealed and that was one at any persons holding employ-nothing about the Cessarship passed and published as recently working expensee, general involve the publicity of proceed-which dealt with the calling a ment under the Crown were not Regulations.
as March of this year, and it was charges, other charges, advertisings before a magistrate End of the Police Reserve. The preliable to serve on juries, Bad His Worship:-Do
admitted by Mr. Hallifax that he Chase of a boy of 17 who earned- ing.
which will be more in accordance eant way was awkward, and under although it was unlikely that think it right that you had made no communication 44 a week, and of another, agad. A sum of $700 in, sid of the with the procedure in the case of the new section there would be a sus members of the Hongkong should say in your paper-eng-whatever to these two defend 16, who earned 52 138., and saved... vote Kowloon-Canton Railway, other police and military organis-simpler procedure. The Rill slec Defense Corps who would be get they a Premier should be ante. It was also admitted by no money, are reported by the working expenses, maintenance ations. (o.) To give the made it clear that members come entide to pay could be said filled ?-I only out it out of Hallifer that there were no Advisory Committee for Juvenile of ways, works, and stations, Captain Superintendent of Police enrolled since the Froclamation to be in employment, it seemed paper and did not look at it pro- translations of these regulat Employment at Chester, who say other charges, sleepers.
powers with the approval of the were liable to the same rules and desirable to make that point quite perly.
ions printed or circulated, and that high wagen tempt boys to do. A sum of $2,500 in aid of the Governor in Council to make regulations as those joining clear. Members of the Carpe rate Public Works, Recurrent, regulations for the govenment and before.
Addressing his Worship, Mr that there was no Censor for work for which they are physical- gould be liable for service. The D'Almada submitted that his Chinese newspapen. He statedly..onfitted.... New Territories, miscellaneous, discipline of the fotos. d.) To The Colonia! Secretary second other object of the Bill was to Worship was not sitting there as that if they were dubions of Reprisals Policy Adopted. (47) and (48) typhoor. "and remove double as to the effect of ed the second roading. The Bill continue the immanity which a Court of Honour to vindicate publishing any article, if they At a meeting at Wandsworth rainstorm damages,
the proclamation made unter | was rend s'third tínís and passed. oflcers and A sum of $1,000 in aid of the section 10 of the Special Police
non-commissioned His Majesty's dignity, or that of would see him he would give them recently, called by the Mayor on The Hon. Attorney General officere of the Yoldatoers and the local legialitare, but as his advice. In view of this fact, behalf of the ratepayers to demand Fote B.- Volunteers, personal Reserve Ordinance, 1814, on the inventiped the withdrawal of the Volunteer Reserves had enjoyed. Oburt, constituted and strictly it had been proved that these caprisals for air raids, Mr. 8. emolumente.
| 3rd September, 1915.
Bill intituled "An Ordinance to Chat immunity would be con- bannd by the rules of law as two defendanie knew absolutely Samuel, M.P., said he did not A sum of $2,200 in aid of the
The Hon. Attorney General amend the Special Polion Reserva tinued by officers, non-commisscred as that of an oath. Being nothing about these regulations, think he was giving AWAY BOY vote Kowloon-Canton Railway, moved the suspension of standing Ordinance, 1914, and to remors sioned officers and such efficiens bound by the rules of law, he was They were two innocent men call-scores when he said, that it was, special expenditure, damage to order so that the Bill could be doubts as to the effect of pro- members of the Corps, ss from also bound by the raise of eviled upon to answer, a criminal the intention of the Government Station buildings, $900;
passed though all its stages. In clamations made under section 10 time to time might be sllowed depce. His Worship and only charge which they knew nothing to adopt the policy of reprisale, quarters, $500 fencing, 3500 moving the second reading, he of the said Ordicanos.
by the Governor-in-Cougpil, the evidence of the Secretary of about
and they were making preparam... coaching stock, $300.
aid that at present, apart from Proceedings Against Enemlas, The second reading greed Chine Affairs and he, as such, His Worship stated that he was tions that would enable them to hit A mum of $800 in aid of the pertain disciplinary measures, The Hor. Attorney Genstal to, and the Bill was role Polios and Prison Depart there was was no page of en-moved, the first reading of a Bill third sizes and passed also read a tad stated only his opinion on the not going to gives his decision then, back with the same kind of
question sa to what these articles but would do ga on Monday,
Financial.
The following financial minutes,
imposs B fine clear that members of the Hong-| Defendeat went on to say that
you
Although some people wrongly inferred from the sound of the signals that a raid on London
Juvenile Spendthrifts..