HOTELS AMALGAMATE.
H.K. HOTEL CO. LTD., AND SHANGHAI HOTELS, LTD.
THE HONGKONG TELEGRAPII.. MONDAY, OCTOBER
The Chairman then proposed | the extraordinary resolutions, in connection with the amalgama- tion, referred to in his speech.
been called for the purpose of pany's financial position - Mas bo |considering, and if thought fit, thereby been enabled to
passing certain resolutions as brought from its former chaotic extraordinary resolutions in con- Įstate to ona of stability. You can, nection
with the proposed therefore, the more readily realise famalgamation of this Company that the amalgamation of the with The Hongkong Hotel Com-two businesses into one will lead An extraordinary general meet-pany Limited.
to still further benafit to both ing of the Hongkong Hotel Com- Those Resolutions cover:- Companies from the enhanced pany, Ltd., in connection with the (1) The approval of the pro-economy and more. effective Shanghai Hotels Limited, was held posed amalgamation, the winding control which will be the product at the Hongkong Hotel this morn up of this Company, and the of such amalgamation. ing. Mr. J. Scott Harston pre-appointment of a liquidator with cided and there were also present power to such liquidator to the Hon. Mr. P. H. Holyoak, the delegate his duties as indicated Hon. Mr. A. R. Lowe, Mr. Ein the first of such resolutions, Raymond (directors), Mr. J. H. (2) The approval of the con- Taggart (managing director), Mr.ditional agreement referred to in W. J. Hawker (secretary), and the second of such resolutions Messrs. T. R. Parsons, H. and the authorisation of the White, A. W. Smith. W. E Van liquidator to carry such agree- Epe, T. N. Chau, H. J. B. Norton. ment into effect. . Fung Tat-hang and F. M. Ellis (shareholders). The value of the bares represented was $4,950 The secretary having read the notice convening the meeting, resolutions, to receive an allot-siderable importance was played
Chairman said:-Gentlement of shares in The Hongkong man-As indicated in the notice Hotel Company Limited under at Taikoo on Saturday, when the which has just been read by the the terms of the conditional Kowloon Bowling Green Club Company's Secretary, this meet-agreement.
were the visiting team. On the
the
(3) The fixing of the date for the ascertainment of the share- holders in this Company who are. pursuant to the third of such
The resolutions were seconded and carried.
LAWN BOWLS.
TAIKOO NO. 2 THE CHAMPIONS.
A Lawn Bowls match of con-
DAIRY FARM NEWS
We are pleased to announce the arrival of a shipment of Frozen Meats, etc., by the S.S. "Taiyuan,”
Including:
New Zealand Lamb
and
Australian Rabbits.
ing has been convened for the (4) The authorisation of the result of the game depended The Dairy Farm Ice & Cold Storage Co., Ltd. purpose of considering. and if liquidator pursuant to the fourth whether the home side. Taikoo thought fit, passing an extraord-of such resolutions to give such No. 2 team, would become cham- inary resolution approving the consent as may be necessary to plans or whether the honour go! conditional agreement which has the change of the name of The to the Taikoo No. 1 team. As been prepared for the purpose of Hongkong Hotel
matters turned out, the visitors Company, carrying into effect the amalga Limited, to that of "The Hong were defeated by 11 points, which
mation
an
two of the rinks, Kowloon were P seven points, but the other,
Kowloon) saw a big margin won skipped respectively by Mac- Lachlan (Taikool and Crawford
for the home side-31 to 13. Scores:-
Tuikon No.
Laing
O'Bric
K. B. G. C.
mation of the business and kong and Shanghai Hotels Save Taikoo. No. 2 the cham- undertaking of the Shangbai Limited."
pionship. upon securing which Hotels Limited with the business You will no doubt recollect they are to be congratulated. On and undertaking of this Com-that at the extraordinary general pany. The project of the amala-meeting of this Company, which time ago, having been referred May 192 in connection with the was made public some was held in Shanghai on the 31st.
10 in specific terms
at increase of the borrowing powers extraordinary general of of the Company the Chairman the Shanghai Hotels Limited Mr. Brodie Clark) in the course held as far back as the 31st May of his speech remarked: "I do 1922. The scheme of amalgama-not propose to lay before you tion is fully set forth in the con-anything but a brief resume ditional agreement referred to in of conjoint
the
programme the resolution which is set out in
10 be adopted by these two the notice convening this meeting, large Hotel Companies. and as there indicated, a copy of am confident, however, that you Holland such agreement has been open will appreciate the fact that the P. Morrison for inspection by shareholders at main Hotel interests in the Far Drummond the Company's Registered Office East will henceforth be subordin-
Dinnen and the office of its solicitors.ate to one administration It is Messrs. Deacon, Harston & Shen-intended so soon as practicable ton. There are also copies onto merge the Companies and this table, and if any shareholder shareholders will be notified in so desires he may inspect same. due course of the details of the Stated briefly, the scheme of scheme of amalgamation. At such amalgamation is one whereunder time it is proposed to have the the shareholders in The Shanghai head office of the new Company Hotels Limited other than this established in and directed from Company-which as you know Hongkong." owns approximately $3 per cent.
Amery
Pirrie Wallace
Kynoch
Taylor Duncan G. Morrison MacLachlan 31 Crawford McLeod
Barr Whibley Farrell
13
17 Gar
Harvar McKay Macfarlane
17
18 Russel}
26
3.8
P. W. L. Pts. 14
8 H 22 14 10 4 20
14 9 5 18
14 & 5 1€
14 6 6 12
14
5 9 10
14
4 10.
3
14 3 11 6
Total 67
LEAGUE TABLE.
Taikoo No. 2...... Taikoo No. 1...... Kowloon Dock
R.C..... Kowloon B.G.C.
Craigeapower
C.C................ Civil Service C.C.
SHOTS FOR AND AGAINST
For Agst. Up. Dn.
890 744 155 500 750 150
R.C....
Dock
854 740 114
810 860
50
in ..
Since the date of that meeting. of the shares in The Shanghai the head office of this Company Hotels Limited-will receive two has been removed from Shanghai Police R.C. shares in this Company of the to Hongkong, and your directors Kowloon (.C. nominal value of $10 each feredit-consider that the time has now ed as fully paid up and ranking arrived when as foreshadowed by pari passo with the existing Mr. Brodie Clark, there should be "Old" shares of this Company for a merger of the two Compat the purpose of participating in allies. To that end the scheme of dividends declared by this Com-amalgamation which is contained Taikoo No. 2... pany in respect of the financial in the conditional agreement re- Taikoo No. 1 rear ending 31st. December 1923) ferred to in the second of the Kowloon for each one share in The Shang-resolutions which are before this hai Hotels Limited held by them meeting has been prepared. Copies Kowloon B.G.C. 829 192 37 respectively, and whereunder the of the agreement have, as stated
Police R.C. complete undertaking business in the notice convening the meet
Kowloon C.C 761 870 --109 and assets of The Shanghai ing, been open for inspection hy
Craigengower Hotels Limited will be transferred shareholders at
C.C............. 006 045 the registered
36 to this Company in exchange for office of this Company, and at
Civil Service CIC. 709 970 261 the payment, satisfaction and the office of its solicitors, Messrs.
KOWLOON DOCK V. YACHT discharge by this Company of sil Deacon. Harston
CLUB. & Shenton. the debts and liabilities what and also at the Shanghai office! The Kowloon Dock Recreation soever of The Shanghai Hotels of the Company. There are Club were at home to the Royal Limited.
copies of the agreement on this Hongkong Yacht Club Material advantages" have al-table which ans shareholder friendly game on Saturday, the ready accrued to both Companies may inspect if he so wishes. result being a comfortable win as the result of the acquisition by Under the scheme of amalga-for the home side. The scores. this Company in May 1923 of the mation the shareholders in this however, did not truly reflect the controlling interest in the hare company other than the Hong play, and the yachtsmen did of The Shanghai Hotels Limited. kong Hotel Company Limited remarkably well considering that and your board are unhesitatingly whith latter owns 55 of the they were up against far more of opinion that much greater hares in this Company's under-experienced players. They held advantages will eventuate as the taking will allotted two
their own fairly well up to tea- result of the amalgamation of shares in
the undertaking of time but fell away later. At the both Companies, since such the Hongkong Hotel Company close of the game, the company amalgamation will lead to climited of the nominal value adjourned to the Clubhouse. ordination in the maning of the of $10 each (credited as fully where Mr. E. Cock, on behalf of business of the amalgamated paid and
up
ranking pari the Dockyard Recreation Club, Companies, and thus make for passu with the existing "Old" thanked the visitors for giving greater econoray and more shares of the Hongkong Hotel them such a good game, saying effective control.
Company, Limited for the purpose they were pleased to notice The Chairman. then proposed of participating in all dividends amongst the extraordinary resolution, in declared by The Hongkong Hotel Harold Creasy, the new Director connection with the amalgama- Company Limited in respect of of Public Works. The Hon. Mr. tion. referred to in his speech. the financial year ending 31st AR. Lowe replied for the Yacht Mr. W. E. Van Eps seconded December 19231 in exchange for Club and expressed hearty thanks each one share held by them re-for the hospitality shown them. spectively in
The scores were as follows:-- this Company; MEETING.
K.D.R.C R.H.K.Y.C. while the complete undertaking,
Puncheon An extraordinary general meet-business and assets of this Com Greig
Hamsay ing of the Shanghai Hotels.pany will be transferred to The Petley
Allan Limited. in connection with the Hongkong Hotel Company Limi:- Ros
Shields proposed amalgamation with the ed in exchange for the payment Hongkong Hotel Co., Ltd., was satisfaction and discharge by the Carpenter held at the conclusion of the first last mentioned Company of all Paton meeting. Mr. J. Scott Harston the debts and liabilities what- presided and there were also soever of this Company. present the Hon. Mr. A. R. Lowe, I think you will agree that Williamson ibe Hon. Mr. Mr. E. Hthe terms offered to the Messer
Lowe Holyoak. Mr. E. M. Raymond shareholders of this Company un- (directors). Mr. J. H. Taggart der the above scheme are most Edwards (managing director), Mr. W. J.equitable and err if at
all Rouse Hawker (secretary), Messrs. H. J. on
side of liberality Shaw
and the resolution was sarried.
SHANGHAI HOTELS
the
he
Blair
Shellsbear
B. Norton, T. R. Parsons, A. Wespecially when you take into Keith Smith, T. A. Barry. F. U. Barry, account the advantages which Brayfield Fung Fat-hang, S. P. Bourne, Ware likely to result from the D. Goodfellow, S. C. Cook and H. amalgamation. In this respect Gittins. The value of the shares you know the benefits which have represented was £65,149.
already accrued to this Company! The secretary having read the as the result of the acquisition by notices convening the meeting. The Hongkong Hotel Company The Chairman said Gentle-Limited in May 1922 of the con- menAs the notice which the trolling interest in the shares Company's Secretary has just in this Company's undertaking read indicates, this meeting has and you also know how this Com-
those
present
12 Lapeley
Greig Dizon Simpson
Mr.
86
12 Gourlay 20
Scott Cook Duncan
12 Gow
Wylie Brendenberg Nerve
13 Johnstone 26
- 17
MONDAY, October 29th.
105
Jascha Heifetz
Booking at Moutrie's,
You can have
the pick
of
of our wide selection
choice cigars,
cigarettes, tobaccos,
etc., at
Powell
Telephone 4597
One of the most popular materials during the coming season will be
CHIFFON VELVET-
as many people call it, PANNE
VELVET,
There is nothing to equal chiffon velvet for richness of tone, while its quality of hanging softly and gracefully makes it an ideal material for TEA FROCKS-EVENING GOWNS-CLOAKS, etc.
SILK DUVETYN
is another
fabric very much in vogue this year for theatre wraps, etc-very light and soft--
or
The Hongkong Cigar Store, Ltd,
Alexandra Building.
MAKES A HAPPY.
We have some vary charming shades in these two materials,
J. T. SHAW
Tel Central 692.
Ladies' & Gent's Tailor
ANOTHER CONSIGNMENT OF
Suitings
& Overcoatings,
*JUST ARRIVED, SUITABLE FOR
& Winter
J
SUITS From $60.00
Perfection in Style & Fit Guaranteed.
No. 11 Beaconsfield Arcade
(Opposite City Hall)
·BABY
MOTHER
From a shada nii
Bonnie Cless Baby
A Doctor says:
"I do not think so good a food as Glaxo can be brought before the public by the medical profession too strongly."
Claxo is the food doctors recommend and rear their cun babies on. This is because Glaxo is not an 'artificial" food. Lut is just pure, uncontaminated milk made safe and suitable for baby by the Glaxo process. Glaxo contains NO malt, NO flour, NO starch.
Glaxo
"Builds Bonnie Babies"
has been persistently used by Infant Welfare Cenges in Great Britain for the last twelve years. These Centres cow purchase nearly a quitter of a million pounds weight of Glaxo every month, enough to feed over 50,000 babies continuously.
Autumn
Wear
BRANDIES.
Legrand et Fils. Courvoisier & Co.
Rouyer, Guillet & Co.
John Exshaw No. 18 Very Fine Old Liqueur
.F. O. V. Liqueur.
BB. Pale Old Liqueur.
+
CALDBECK. MACGREGOR & CO., LTD.
15, Queen's Road Central
LET
US
DO
YOUR
(Telephone Central No.75)
ATERIA
Glaxo can be obtained at xil Cheusista sad high-,, class Dealers, SOLE AGEN 18 in Bouth China, W. B LOXLET # 00. Hongkong, Prape'stors Joseph Nathan-k Co. Ltd. Lesdən and New Zealand.
NO MATTER WHETHER IT IS A SMALL PICNIC PARTY. -OR A BANQUET--IT IS SURE TO BE A SUCCESS IF
THE COMPLETE CATERING IS IN THE HANDS OF
·
Cafe Wiseman
LANE, CRAWFORD LIMITED.-