Your
STRAW
HAT
Is Here
hapes and
that
existing batween chairman and the would like to take t of referring with
the death of the Ho
AWË:
tague Ede. He con
As you are all
10.DAY
THE RITZ
CATERERS
Heal at all hours from 8 am,
12:00 midnight
houses as Now serving Special $1,00 Tiffins
to-day
and atores
who
Iry "DON
N. S. MOSES & Co. Ltd.
Agents.
this store,
Yee Sang Fat Co.
BOOTE'S
TILES
FOR FLOORS AND WALLS
Let us quote you for your requirements, Samples of any
type of tiles sont on request., Stocks Carried
SHEWAN TOMES & CO.
Tel: 0.781
SOLE AGENTS
Import Dept.
NOURISHMENT in the form Baby can digest
T
HE ceremonial lay-
ing of a Founda tion Stone, la symbolical of the tre mendous importance at taching to a sound begin- ning. The entire structure depends on the founda- tion. Wisdom calls a blessing an atwork so well. begunt
The same principle ap plies in building a little body. In the first year of life you are laying the foundation for future
you can
and happiness for prosperity even
for hard Strength?
ever to Let your be the finest
Can he oes it make. and founds
tion a happy augury for
future health?
The ""Allenburys' System of Infant Feeding answers all these questions satis-" factorily. The secret les in the progressive grading of the Foods: No. 1 from birth to three months- No. 2 from three to six months, Malted Food No. 3 onwards............ In- vestigate for your own satisfaction. Write for Booklet & Free Sample tin Baby a digestion readily Basimilates tha Allen burys Food graded to his age. As proof we offer free a 4 lb. tin of Food so that you may judge for yourself Write for it to day being careful to men- tion Baby's age and this paper - We will send at the same time the Allen- burys Book Infant Feed- ing and Management 120 pages of practical in formation and guidance for Baby a health, and comfort.
Allen & Henburys, Ltd; 40 Canton Road, Shanghai
Allenburys
Feeding
Montague Ede was up to
they
tima
sequence funds of pany
of his decease, the Chairman of this Company and for severa years its keen supporter, and A large part of the success the Com pany has enjoyed during the inst few years is due to the beneficial Fervices rendered by him. The late Mr Ede public activities are so well known to you all that they negd not be mentioned here.
The Company is, however, in a small degree compensated for auch a great lose by its good fortune in having the late Mr. Ede's son its present chairman, and it is most sincerely hoped that how remain permanently in the Colony to carry on the work started by his father. The sympathy of this moeting is extended to the bereav ed family
The Chairman's Speech. The Chairman, Mr. B. Montague Ede said. The result of the year's working is once more very eats faatory, which, I am sure you will agree, is very gratifying indeed in view of the unsettled trade condl tions prevailing during practically the entire period in review
exhausted, and th Compan
compa
Com
(orning lärd Afternoon T616, Good Assortment of Fancy Cakes
Vedding and Christening Cakes
toMordor
Had
one of two alternatives, either to contractors for the Carry on the work in to completely shut down the
To close down work as large as the Kowloon Tong scheme project is quite a serious matter both for the cilents and for the contractors and would cause a substantial financial loss to all concerned.
After much considération, and, at the request of the Directors of the Kowloon Tong Co, I was decided that we carry the neces sary burden to keep the work in progress and the restilt has been that up to the present moment our its funds invested in the Scheme, company has a substantial part of
Other Work S
A contract was secured bythe Company on a competitive basis. You will notice from the balance for building the Beacon Hill sheet that at the close of the pre-reservoir, which is to supply water ceding year ending March 31 to the Kowloon Tong Estate. This 1026, $228,995.43 was carried for reservoir has long been com ward after a, bonus to staff and a pleted, but no payment in pursu dividend of 15 per cent on the or ance to this work has yet been dinary shares had been paid made. W This year's working has prove. satisfactory, and your Directors have decided to declara a 20 per cent dividend on the ordinary shares
In addition to these difficulties, the Government, who are doing the levelling of the site, are long overdue on the agreed time for completing this work, which has caused the general construction work, even before the Strikesto he carried on in a piece-meal and uneconomical manner,
Your Directors feel justined in recommending such a large divl dend on account of the results that have been obtained this year and the comparatively large re This, of course, has absorbed serve that has been carried for the profit on the general labour ward in previous years contract which would have been
The above dividend of 20 per cent in respect of the partly paid or dinary shares is being capitalized and used in part payment of a call of $60 per share which is necca gary to meet certain obligations of the Company. It will be seen therefore that this dividend doe not deplete the Company's re- It is to be hoped that this serves by as much as would have been the case under ordinary ct: cumstances, popu
Piling Operations.
⠀⠀⠀⠀
- The net working profit for the year has amounted to $207,275.57. Of this profit, $67,717.32 has been ab sorbed in providing for depreca tion on the Company's Invest ments and plant, ote, and provide ing for a special financing fee on equipzient, which leaves a net pro fit to the Front and Loss Account of $139,558.86.
available had the original scheme for mass production been carried out. A good many of the subscri hers now realize the great assis tance this company has been to the whole acheme and many are doing their best to meet their obligations promptly.
attitude will continue - 18 – your Directors feel that, without the co- operation of subscribers, and prompt fulfilment of contract on the part of the Kowloon Tong Com- pany, this Company is no longer justified In nursing the Kowloon Tong Scheme financially as it has done in the past
Directors Elected
Mr Chau Yue-teng proposed that Mr. B. Montague Ede, Mr. Charles L. Shank, Mr. Li Yau- Steun, Mr. Chan Pek-chun, Mr. After a dividend of 20 per cent Edward D. Shank, Mr. Carl B And the bonus to staff are paid, Shink and Mr. Chau Yue teng be there will be 879,558.35 to carry re-elected Directors This was forward, which when added to the seconded by Mr. C. L Shank and pronta carried forward last year, carried addon tra will.mako a total sum carried for ward this year amounting to $806,
Dering the period in review, the Com, any's piling operations under the Raymond system have beco > ty satisfactory,The piling con- tracta Undertaken have been exe cund to the satisfaction of our
that and
Mr. C. B. Shank moved, and Mr. Chau Yue-tong second Messrs. Lowe, Bingham Matthews, be re-elected an the Company and this was Mr. C. L. Shank moved Chán Fek-chun 32,500 be paid staff, and vas also
ONLY THE BEST FOOD AND WINES SERVED.
NOWELL B WHITE
Proprietor.
Telephone:
ΓΕΜΙΝΑ
1st Floor China Building Opposite Hongkong Hotel JUST RECEIVED
Baby Frocks & Boy's Suits Dainty Ladies Underwear
Sunshades. Also Fine Selection of
Fancy
DRESSES, GOWN & HATS
The latest smart Pariseinne model selected by our
Cafe Restaurant Parisien
Opposite Main Entrance Hongkong Hotel
thin a few days, Hongkong's latest. will come into existence, when the be cordially invited to visit the
CAFE RESTAURANT PARISIEN
where all that's best in modern restaurant
facilities is bei
Delicious
Food
¿Propi
Berved.
Choicest Wines and Spirita
An Efficient and Talented Orchestra will play classical selootions durin
music for dancing aver ovoning from
Evening Dreas
requested for Dinner Dansanta.
FRECKLES AND HIS FRIENDS
NESTLES
WATCH ANG SHAKE JAY NON-CANTS GUESS INHAT WERE:
SHAVING FOR
DUWER TDAY.
THE
FOUNDATION
IS SOUND THE STRUCTURE"
IS GOOD
YOUR BABY LACTOGEN
and Soup!
YOUR