1:13
M-
UNION INSURANCE SOCIETY OF CANTON, LIMITED.
THE HONGKONG TELEGRAPH. FRIDAY,
BRITISH TRADERS INSURANCE COMPANY, LIMITED.
NOTICE IS HEREBY GIVEN that an Extraordinary General Wasting of NOTICE IS HEREBY GIVEN DAt an Extraordinary General Meeting the Company will be held at the registered office of the Company, One's of the Society will be held at the registered office of the Society, Queen Buiding, Hongkong, on Friday, the 25th day of April, 1918, at 19:30 o'clock p Bedding, Hongkang, un Friday, the 25th day of April, 1919, at 13 o'clock noon, when the subjoined relations which were panied at the Extraordinary General when the wabjained resolations which were passed at the Extraordinary General Meeting of the Company held on the 10th day of April, 1919, will be submitted for Minting at the Society held on the 10th day of April, 1919, will be submitted confrmation as special resolutions → Las vecunciation as special resolutions -
1. That she nominal silver capital of the Society as existing when
a special resolution be converted in this relation is conarmed
starling nst that such capital so converted, be increased beyona aba sterling equivalent of such silver capital when such conta takes place to the sum of £2,000,000 Sterling divided into 200,0 Shares of the nominal value of £10 each.
7 That each of the issued silver shares of the Society of the nomina! value of $250 each with the sum of $100 paid up there us de converted into live shares of the nominal valda of £10 wan with the sterling equivalent of $20 Hongkong currency at the opra Ang T.T. rate of
ப:
à a special resolution the date this resolation is confrmed
credited as paid op thereos and sccordialy
tha: 52,000 shares out of 200,000 shares of the nòminal valus of Fi ash mditating the capital of the Society so converted ana increased be distributed by the Board to the persons who ar as shareholders of the Socisty on the date this rasolatio registered
in confirmed as a spacial redution in exchange for the silver abatea then held by them.
That the Articles of Association be altered in manner following. LADEły:-*
By the insertion after Article Na 107 of the following Article.
EMPLOYMENT OF EXERTS PUNDS.
*107 (a). The Board may employ the funds of the Soristy which have been established parrains to the provisions of Article 10% or soy of them or any portion thereof and that whether such funda or such portion as is proposed to be dealt with were act azide for She special purpos which they at proposed to be applied as for any other purpose crant in or for all or any of the followin purposes, that is to sar, in meeting contingencim. in equalizin: dividends, in paying special dividends or baunase, in repairin improving and maintaining any of the property of the Society, olberese in the business of the Society, and in or for such other purposes as the Board shall in its discretion think conducive to the interests of the Society and in regard to say aach employ ment as aforesaid the Board shall not be bound to keep the reser funds separate from the other assets"
By the insertion of the following Articlon after Article No. 108
POSTS MAY BE FIT OFF AGAINST CALL.
**108 ( Any-general meeting at which a dividend us banas is declared or sanctioned may make a call on the members of soch amount as the meeting Axes but so that the call on wach member shall not exceed the dividend or bonus payable to him sad so that notwithstanding the provisions of Articles 19. 20 and 21 the call may be payable at the same time as the dividend or boons and the dividend be bonus may, it so arranged between the Society and the member. be set off against the call. The making of a call under thier Article shall be deemed ordinary business of an ordinary
ditideed. general meeting, which declares a (after my resolution has been panes under the provisioca of paragraph 11 of this Article the Board may arrange on behalfi * of the Society for the dividend or bonas to be set an against the call by authorizing any person on behalf of the members from whom och call is due to enter. Into an Agreement with the Society providing for ach dividend or bonus to be set off against such call and any Agreement made under such authority shall be
Effective
(3). It shall be to objection to any resolution made under paragraph (1) of this article or to any call or arrangement that such resoluties was passed or much call or arrangement was made at the meeting (5) at which the resolution introducing this Article and Article 107 was confirmed as a special resolution provided that doe notice of the intention to propoes such first mentioned resolution and te declare anc's dividend or bonus and to make such call ball bare been given prior to the Confirmatory meeting sformaid. BATH OF EXCHANGE, FOR DIVIDENDS PATANTE IN HONGKONG.
108 (b). Dividende may be paid in Hongkong Currency at such rata
General Meeting sanctioning the
tists --
45
the Bxchange of
e or, in the case of interim dividends, as the Board may deter
a Extraordinary resclations :-- And the subjoined neslatkay will be proposed
Tart the difference between the sterling equivalent at to-day's opening I.T. rate of exchange of $20 Hongkong carrency and the sum of £t be called up upon each of the 80,000 shares of the Society of the acminal value of £10 each into which the silver shares of the Society Lave been converted.
the
2 That beans dividend equal is amount to such difference as is referred to Resolation No. 1 be and the same is hereby declared
ence Fend of
Society, soch bouns dividend of the Reinsurance being payable to the persons who are registered as the shareholders
this remolation is of the Society on the date
passed and that such dividend ia
of the case
Each of such persons be set off agahist the amount due from him for calls under Resolution No. 1 and be retained by the Society accordingly and that the Board be authoris to make the necessary entries in the books of the Society.
addition- 15,000 shares of the capital of the Society is
3
4.
-
issued
That ally in the 80,000 shares referred to in Resolation No. 1 and that £4 be called up thereon and that such additional of shares be offered in the first instance at premism of £21 per share to the parsons who are registered as the shareholders of the Society on the date this resolation is passed in the, proportion
one additions share for each silver share
of
previously
and
apon the footing that the sum of £ called up plas the £21 (making together, £25 per share) shall be paid to the Society or acceptance of the offer, and that much offer be made by notice specifying the number of shares to which such persons are entitled and limiting the time within which the cffer if not accepted by payment will be deemed to be declined to the 23rd Mar. 1919, and that the Board be empowered to dispose of the shares not taken up in response to mich offer as they consider expedient in the intersets of the Society.
That the 15,000 additional shares referred to is Resolation No. 3 participate in all "dividends declared after the next Annual Gen- eral Meeting of the Society pro rats with the 80,000 shares referr ed to in Resolation No. 1. Dated the 11th day of April. 1919.
By Order of the Board,
C. MONTAGUE EDE,
General Manager.
EARLIER TELEGRAMS.
THE HUNGARIAN SITUATION,
RUMOURS OF ALLIED CAMPAIGN.
London, April 3.
The semi-official Bureau at Budapest denies the "Deet sche Tages Zeitung's" statement that Bela Kun has gone to Munich A telegram from Copenhagen states that the "Lokal Anzeiger's" Vienna correspondent declares that the campaign against Hungary will be soon commenced by Italian and French colonial troops who are now ready to march against Budapest. The plan is to occupy the whole of Hungary. There is no confirmation of this from any other
OTHER RUMOURS,
London, April 6.
So far there is no confirmation from Vienna of the remours of the overthrow of the Soviet Government at Budapest and the assassination of the People's Commissary, Bela Kun
CONCESSIONS TO HUNGARY...
Vienna, April 6. Negotiations between the Bonth and the Hungarian Government are reported to the progressing favourably. It is stated that the questions being discussed are mainly territorial concerning reasonable concessions to Hungary.
GENERAL SMUTB' PROPOSALS.
Copenhagen, April 7. A.message from Budapest states that General Sante proposed to the Hungarian Soviet Republic: Firstly, to with- draw all troops and armed forces west of a certain defined Ens; secondly, that the Ramanians shall be ordered not to advance beyond their present positions; thirdly, that those respective lines shall be regarded as a neutral xons and kecupied by British, French, Italian and possibly American throom; fourthly, that the Hungarian Government accept the A terms of the Military Convention of 13th. Now, and the,
1. That the nominal silear capital of the Company xa existing whas this resolution is confirmed as a special resolution be converted into starling and that such capital so converted be increased beyond the starling equivaleca of such silver capital when much conversion takes place to the sum of £1,000,000 Starting divided usko 200,000 shares of the nominal value of 65 ch.
2. That sach of the izmed silver sharm of the Company of tha nominal Taps of $83.33 each with the sum of $25.00 paid up there on be converted into three shares and two-fifths of one share of the nominal value of £5 each with the sterling equivalent of $1.53 Hongkong currency at the opening T.T. rate of archange on the date this resolution is construed as a special resolution tradited a paid up thereon and accordingly that 21,600 sharma-ons of the 30,000 share of the nominal value of £5 sach constilating the capital of the Company so converted and increased be distributed by the Board to the persons who are regisisted as shazaboidaru of the Company on the date this emolution is confirmed as a special resolutiva in exchange for the silver shares then held by them. A That the Articles of Ascistian de altered in manner following.
namely:--
By the insertion after Article No. 106 of the following Article,
YUPEJTMENT OF RESERVE ITKDK-
SAT
~106 (a) The Board may employ the funds of the Company which have been established parsanat to the provisions of Article 106 ca any of them or any portion thereof (and that whether sich funde az such portion sa, in proposed -to-be "deals with woce sok azide faz for the special parpass to which they are proposed to be applied
parpose rok) is or for all or any of the following that is to may, in meeting contingencies, in aqualising Avonds, in paging special dividends or booze, in repairing improving and maintaining any of the property of the Company, or otherwise in the business of the Company, and in or for sch other purposes as the Board shall in its discretion think andacive to the interests of the Company and in regard to any such, smploy. mask se kforesaid the Board shall not be bound to keep such funde eeparate from the other sata"
By the insertion of the following Articles after Article No. 10.
BONTS MAT 2 SET OFF AGAINST CALZ
**1976 (1). Any general meeting at which ■ dividend or boats is declared or sanctioned may make a call on the members of each amount as the meeting fires but a thai the call on sach member shall not exceed the dividand or bones payable to him and so that notwithstanding the provisions of Articles 18, 19 and 20 the call may be payable at the same time as the dividend or bonus and the dividend or bons may, if so aged between the Company and the member, be set of against the call. The making of á viðt under this Article shall be deemed ordinary business of an ordinary general meeting which declares a dividend.
120
After any resolution has been passed under the provisions of paragraph (1) of this Article the Board may range on behal! of the Company for the dividend or beams to be set an against the call by authorising any person on behalf of the members from hom such call is due to enter into an Agreement with the Com pany providing for such dividend or bonus to be set off against such call and any Agreement made under rock suthority shall be Effectiva.
13. It had be no objection to any resolution made under paragrap). (1) of this article or to any call se arrangement that each resolution was passed or such call or arrangement was made at the meeting as which the resolution introducing this Article and Articlem 106 (a) was confirmed as a special resolut provided that doe tice of the intention to propose such Brat mentioned resolution and te declare such dividend or bonus and to maka rich call shall have been given prior to the Confirmatory meeting storasaid KATE OF EXCHANGE FOR "DIEDENDS PATAHLE IN HOKOTONG. 107 (b) Dividends may be paid in Hongkong Currency at such rate
General Meeting sanctioning the t. exchange same or, in the case of interim dividenda, as the Board may deler ming*****
the
And the subjoined resalations will be proposed as Extraordinary resola
1. That the difference between the sterling equivalent at to-day's opening T.T. rate of exchange of $7.35 Hongkong currency and the sum of £2 called up upon each of the 51,600 shares of the Company of the nominal value of £5 each into which the silver shares of th Company have been converted
2 That a bonus dividend equal in amount to such difference as is referred to in Resolution No. 1 be and the same is hereby declared oet of the Reinsurance Fund of the Company, such bonas Dividend being payable to the persons who are registered as the shareholders of the Company on the date this resolution is passed and that meh dividend in the case of each of such persons be set off against the Amount due from him for calls under Resolation No. 1 and be retained by the Company accordingly and that the Board be authorised to make the necessary entries is the bocks of the Com- pany.
Thai 14.400 shares of the capital of the Company be issued addition- ally to the 31.600 shares referred to in Resolution No. 1 and that the sum of £2 be called up thereon and that sach additional shares be offered in the first instance at a premium of £5.10 per
01
share to the persons who are registered as the share ortion
the Company on the date this resolution is passed in the
of one additional share for each silver share previously held and upon the footing that the sum of £2 called up plus the £5.10 (making together £7.10 per share) shall be paid to the Company on acceptance of the offer, and that soch offer be made by notice specifying the number of shares to which rach persons are entitled and limiting the time within which the offer if not accepted by payment will be deemed to be declined to the 23rd May, 1919, and that the Board empowered to dispose of the shares not taken up in response to such offer as they consider expedient in the interests of the Company.
be
4. That the 14,400 mdditional shapes referred to in Resolution No. 3 participate in all dividends declared after the next Annual Get- eral Meeting of the Company pro rata with the £7,500 shares referred to in Resolution No. 2 Dated the 11th day of April, 1919.
ern at
By Order of the Board.
C. MONTAGUE EDE,
Gempa Kanaga
armistice of 3rd. Nov. concluded by the previous Hungarian Government; 5fthly, that it be definitely declared that the above-mentioned demarcation line shall not infuence the General sixthly territorial eventual
arrangement; Baats will propose to the Council of Great Pow blockade Paris
the to immediately raise of Hungary" and allow facilities for immediate import of prime necessities, especially fat and coal; seventhly he will also propose to the Great Powers assembled in Paris before finally determining Hungary's political frontiers in the Peace Treaty, to invite Hungarian plenipotentiary re- presentatives in order to formulate the Government's stand- point on the frontier question and all economic questions therefrom in the Conference under the chairmanship of a representative of the Great Powers, with representatives of Ciecho-Slovakia, Rumania, Yago-Slavis and German- Austria.
"The Hungarian Soviet Government, replying to General Smuts' proposals, formulates another set of proposals in- volving different boundaries favourable to Hungarian in- terests, but agrees to the proposed summoning Conference.
THE LANDING AT DANTZIG. ··
Paris, April 5.
of a
Marshal Foch has telegraphed to the Allied and As- sociated representatives from Spa that the right under the armistice to utilize Dantzig for the landing of Folish troops Moreover now in France has been formally maintained,
in order to hasten the arrival of these troops in Poland it has been decided to use other lines of transport as proposed by the German Government. Marshal Foch concluding says that the arrangements as a whole will entirely meet the Allied and Associated peoples' wishes.
REVIVED BRITISH TRADE,
London, April 7,
There is a decrease of imports of £1,450,331 and crease of exports of £17,100,181 compared with March Inst
APRIL
1919.
EARLIER TELEGRAMS.
GERMAN AFFAIRS.
EXCITEMENT AT MUNICH.
Berlin, April 3
The newspapers anticipate the proclamation of a Soviet Republic and a general strike at Munich an April 7th. There is great excitement at Munich. The streets are filled with crowds gazing at the proclamations placarded over the city. It is said that the Commmist and Sparticist League Councils decided to arrest the leaders of the bourgeoisie and the press-
PREMATURE REPORTS.
London, April Apparently the news of the proclamation of a Soviet Republic of Bavaria cabled last night. is premature." Copenhagen message from Munich, dated the 6th, states that up to noon that day the Soviet Repable had not been proclaimed and the city was completely quiet. The "Munich Botefahue" states that the Communists refused to partici. pate in a "Mock Soviet Republic." Amessage from Nurem berg, dated the 6th., states that the Bavarian National Goa. ference of the Social Democratic party passed a resolution by 4 votes to 5 against the introduction of a Soviet Republic for Bavaria
A NEW PROCLAMATION.
London, April 7 (later)
A message from Munich states that the Bavarian Sorier Bepublic has issued a proclamation to all Workers' Councils declaring that the entire labouring popalation of Bavaria is solidly united and is assuming all public power through So- viet Councils, that the peoples' commissaries will replace the former ministers and adding that everything belongs to the community. All independent socialisation is prohibited.
SOVIET REPUBLIC PROCLAIMED.
Copenhagen, April 7.
A message from Berlin (April 7th), says that a message
to the "Tageblatt" states that the Soviet Republic was de cided upon at one o'clock this morning.
GENERAL STRIKE BEGINS.
Copenhagen, April 5.
A message from Wazzburg (April 7th), states that a Soviet Republic has been proclaimed. Communist troops occupied the telephones, telegraphs and newspaper offices, A general strike began in all factories, and shops, except foodshops, are closed Regensburg has declared for a Soviet Republic. News of the Soviet Repablic was received in Neremburg calmly. Work is proceeding.
PEACE PROGRESS.
OENERAL PRINCIPLES AGREED UPON.
Paris, April
Commissions of British, French and American Experts have been appointed by the Council of Four for drafting settlements of which the general principles have been agreed apon. One Commission is drafting the settlement regarding the economic exploitation of the Sarre tasin by France and the military neutralisation of Rhenish territories. A second Commission, including Mr. E. 5. Montagu for Britain, is undertaking the same duties in regard to reparation. The Council of Four will resume discussion on both matters of the basis of the reports of the Commissions.
LATEST EXPECTATIONS.
Paris, April 5.
It is responsibly stated that the Council of Four has practically agreed on all outstanding questions except the problem of personal responsibility for breaches of the laws of war. It is expected the Germans will appear at Yer- sailles in three weeks.
PEACE PRELIMINARIES. BY EASTER.
Paris, April a
Interviewed by the "Matin," Mr. Lloyd George declared that he agreed with the recent prophecy of M. Pichon that the preliminaries of peace would be ready by Easter. At the end of April or in the beginning of May the Allies would be able to invite the German delegates to come and sign.
POSITION OF GERMAN MISSIONARIES.
London, April· 7.
In the House of Commons, replying to Colonel Burne, Mr. Amery said that inquiries instituted in January last pear showed that 138 German missionaries, of whom 85 were Alsace Lorrainers and one a Pole, had been permitted to remain in the colonies and protectorates. He had no exact total for the self-governing dominions. The responsibility for the expulsion and internment of German missionaries from these territories rested primarily with the various overseas governments who possessed and might be relied apon to apply the necessary legislation, in the case of
undesirables.
BETTER NEWS FROM EGYPT.
Cairo, March 31.
A communique states that General Allenby is glad to see that the disturbances, outrages and destruction of pro- perty has largely subsided. He reiterates hie promise to enquire impartially into all grievances and urges all res- possible and patriotic Egyptians to state the steps that are "necessary to restore tranquillity and content. On the 1st April-General Allenby issued a proclamation stating that as it has been impossible to pass the budget he orders the extimates of budgetary receipts and expenditure for 1919-20 3 to be fixed at 28,850,000 Egyptian-pounds each and authorises
the Government to act as if the budget bad been passed.
CONSIGNEES.
PACIFIC MAIL STEAMSHIP COMPANY.
NOTICE TO CONSIGNEEN.
From BAN FRANCISCO, JAPAN PORTS, SHANGHAI AND MANILA
"ECLIPSE"
The above mentioned vesent baving arrived from the above mentioned Ports, onsignees of cargo are hereby informed that their cargo will be landed at their risk into the hazardous and/or extra hazardons Godowns of the Hongkong and Kowloon Wharf & Gotown Co. Ltd. Kowlooa. ad stored at Con- signees' risk.
*Consignees of cargo are hereby notified that they must produce an Import Permit signed by the Superintendent of Imports: & Exports, Hongkong. before Bills of Lading.com be countersi, ned.
All broken, chafed and dam- aged goods are to be left in the Godowns. where they will he examined on April 5th 1919 si 10 a.m.
All claims must be presented Within a month of the steamer's arrival here, after which they nannot be recognized.
No claims will be admitted after the goods have left the Godowns and all gonds remaining undelivered after April 16th will be subject to rent.
No Fire Insurance whatever will be affected.
Consignees are requested to sand in their Bills of Lading for. counter-signature immediately. PACIFIC MAIL STEAMSHIP
COMPANY,
Alexandra Buildings. Hongkong, 9th April, 1919
MOVEMENTS OF STEAMERS.
The CELTIC PRINCE is das to arrive here from New York toward; the end I April.
Line
The America & Kanbaria xTJITAROEM f New York for Hongkong, Manila and S'u tapors of the 4th March, and may be expected, so arzivə
this port on the 20th May..
The T.K.K, is in receipt of telegraphis advice that the TENTO MARU 9s Franzino March 24th, and is dus to arrive at this Post on April Stad
The Q.P.O. 5. ... MET (VEN from FanCORVO", "İrað at Fotohama on the 3rd April, and fedur at Houstong about the Api.
The R. H. S. EMPRE33 07 ASTA left Yokohama for Yaad uve on the 5th Ap", and is daa at "and arts; on or about the 16th Apríl
The R. M. S. KEY WEST sava Shanghai for Hongkong on the 9th April, and is due at Hongkongo, or about the 13th April.
The RW.S. EXPRES OF KÚSSIA arrived Vaccouver on the Jis: March. The P. & C. Ku. HEJAŽ loft Blagapore for this Port on the 9th instant, with the rutward English Mails, and it fus hore on the 17th instant.
The China Mail 8.3. Co. fa in receipt of a telegram-fr-m i's Shanghat Clos advising that the as DHIN ✨ mini Icom that part yesterday, April 9ib, at noon, and it due to arrive te Hongbong ca Saturday, April 19th, at daylight.
The P. & O... DUKERA Jafh Shang- hai fir this Port in £20 10th lostunt, with the homeward English Mails and i don been on the 13th lunt, af about 'daylight,
WATER KETURN.
Level and Storage of water in Reservoirs on April 1, 1919 ÖITY AND HILL DIETRIOT WATER WORKS LIVEK
5
-clow
everios
tycom Lar
Mediata..
271 Fa. Belc
Level with
the Below 15h 1% Zile
Belt Mai Below
viciow
Ovacion Toagule 19%, obs. Below | g. tab. Below weit gin Below Į 111⁄2 tim. Below
Ove dow STORAGE IN MILLIONS ÄND DECIMALS OF: GALLONS,
Bytum Later medis′′e
nat
در
· Fasge
Cowin f water in the Chy anď 2011 Diabrie in milions and decimale of galam keing she
Conssmotos-
1825 M. pales
173,100
34.4
BYL BOO
1#
Costas supply in all dimriots during Mer, of sot se i nad 1915. KOWLOON WATER WORKS LEVEL-
10d
** quidem ~ One-2 pele; salici
Beic
STORAGE-IN MILLIONS AND DECIMALS OF GALLONS.
37:25
Commodes of water viande vi gallow during the
3718
:
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