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THE HONGKONG TELEGRAPH,
·CITY SENSATION.
NEW ISSUE OF GENERAL ELECTRIC POSTPONED..
London, Mar. 17.
MONDAY, MARCH 18, 1929.
"HOTEL COMPANY MEETING.
MR. JOSEPH SEES CAUSE
CONFIDENCE.
THE MOTOR SERVICE.
Replying to a question at the annual shareholders' meeting of the Hongkong and Shanghai Hotels, Ltd., Mr. J. Scott Harston, who presided, said the Queen's Road motor bus service was operated entirely for the benefit of the Company.
A sensation has been caused in City circlen by the last minute announcement, that the General Electric Issue to British share- holders on March 18 has been postponed. The proposed terms, of the issue has aroused consider able feeling not only
among American shareholders but in London Stock. Exchange circles, The adoption of the report and one of the contentions being that accounts was seconded by Mr. the policy introduced is undesir- Joseph, who said: Mr. Chairman, Ladies and Gentlemen. able and a precedent in Leitdon In rising to second the adoption company finance,
of the report and balance sheet It fa bolieved that the post-and accounts, as presented feel ponement is connected with the confident in stating that we have no little nil just listened with special meeting of the Stock Ex-satisfaction to the interesting re- change Committeo yesterday and view of the past year's working,
the possible action by it, besides the from
chair. Particularly threatened steps of American gratify r is the announcement
that the company has satisfac shareholders.—Reuter.'
torily weathered its difficulties and has now, with the completion of the Peninsula Hotel, turned the corner, ao to speak.
Reasons Given.
London, Mar. 17. The postponement of the Gen. eral Electric issue is officially ex- plained as being due to A sug. gcation by the American share holders' committee that negotin tions opened on a different Anan- cial basis would obtain effective management without depriving American shareholders of any proprietary interest in the com- pany.
Although it was only to be ex- pected, perhaps it was a slight disappointment to a few of us to hear that the position of the com- pany does not warrant our Board recommending a distribution thla 'the fact year. Nevertheleas should be borne in mind by all of un who have the interest and wel- nt fare of the company really heart that the result of, the work- Sir Hugo Hirst agreed, in the sum of $1,200,000 to be set aside ing presented enabled the large interests of good relationship of to add to and antisfactorily the two markets, provided it at-strengthen our reserves. tains the company's objects, as laid down, at the meeting March 13.-Router,
+
D11
SPANISH DISORDERS.
The Peninsula Hotel.
Some shareholders are apt at time to overlook any such ne- hievement if unaccompanied by n distribution of dividend. How- ever, it might be of advantage, | more particularly on this occasion, EFFIGY OF DE RIVERA TORN to emphasise to the minds of all
TO PIECES..
Hendayo, Mar. 16.
coming worse. Disturbances have The Spanish disorders are be
broken out in Granada and an eiligy of General Primo de Rivera was torn to piece9;
Fathers to be Fined,
Madrid, Mar. 16. Madrid's Cabinet has decided that those students guilty of par ticipation in the disturbances will be sent to rigorous imprison ment And their fathers will be heavily fined if the students are under age.
Eighteen students, whose parents roside in the provinces, are being sont home as the universities are to be closed for a long time..- Reuter,
LOCAL WEDDING.
CEREMONY AT THE JEWISH SYNAGOGUE.
the very important fact that the acquisition of the whole Penin- sula Hotel site and the construc- tion and complete equipment and
GENERAL WANG HERE.
KWANGSI OFFICIAL INQUIRES
AFTER GENERAL CHAN.
Genoral Wang Shao-hung, com- manding the Kwangsl troops and concurrently Civil Governor of that Province, arrived in Hong- kong on Saturday evening on tho 8.8. Lungahan from Canton, The Kwangsi leader was accompanied in the trip by his wife and by General Chan Hing-wan, the com mandor of the Bocca Tigris Forts, Mr. Wong Lung-sang, the General Manager of the Central Bank in Canlon, and other Canton áfficials. It la understood that General Wang intends to stay in Hongkong two or three days leaving here for Kwangot some time to-morrow." The sole purpose of his visit is to
after the Injury. enquire General Chan Ming-ahu, the Can- ton Governor, now among the patients in the Government Civil Hospital in connexion with the disastrous fire at the King Edward Hotel.
of
Yesterday morning General Wang paid a visit to the GC.H. and conversed for over fifteen minutes with General Chan, who showed signs of progress and was in a bright mood when receiving his Kwangsi guests. "General Wang denied that he intends, to participate in the Kuo- mintang National Congress in Nanking.
OBITUARY.
WAR MINISTER IN LABOUR CABINET.
DR WILLIAMS
P
INK ILLS LE
LE
ABOVE ALL "OTHERS!
A Woman's Tribute to the Value of Dr. Williams Pink Pills
Ailments of Her Sex.
annomia left me and pover after- wards' returned.
"Not very long ago I fell victim to debility through climatic condi- tions here in Ceylon and 'Change of life, Agala i had recourse to Dr. Williams' Pink Pills and am feeling much better since taking them."
As a Remedy for the
Mra. E. M. Boltoult, of 46 Mount Mary, Maradaná, Colombo, was cured of annomia by Dr. Williams' Pink Pills when a girl in England many yours ago, and again quite recently has found further help in their use. It is not surprising, therefore, that she rates them as aurpassing in curative valus all,
Equally health-restoring and other Blood and Nerve Tonle medi- cines.
strength-giving to men as well as "When a girl of 16 I was subject' woman, Dr. Williams' Pink Pills to anaemia," states Mrs. Boltoult.{ for Palë People rapidly earn the "I became very weak, suffered confidence of sufferers from die- greatly from palpitation of the orders due to blood impoverish- heart, and was much troubled by ment or nerve debility who give dizzy spells.
thom a fair trlól. A uniquo re-
"I underwent treatment at varl-¦. cord of cures during the past forty ous hospitals in London but my years accounts for their world- condition remained the same.
wide reputation: Obtainable London, Mar. 16, Eventually, through reading of Dr. from chemists everywhere, or The death is announced of Mr. Williams' Pink Pills, I gave them post free at $1,50 per bottle, $8 for Stephen Walsh, M.P., who was
a trial. The results were exceed War Minister in Mr. Ramsay Mnc-ingly pleasing, for by the use of donald's regime-Reuter.
Mr. F.. B. Varicy.,
London, Mar. 17. The death has occurred of the M.P., Mr. Frank Varley, the tenth member of the House of Commons who has died within the past three months.---Rkuter.
and splendidly equipped establish- these profits, or does the company furnishing of this fine, modern say: Do the shareholders of this company get the full benefit of ment has been accomplished dur-merely operate wholly, or in part, ing a critical period of financial for the real owners on a part pro- depression unprecedented in the fit, er remuneration basis? history of the Colony, and fur- thermore, without recourse to any calls of additional capital from shareholders..
forgotten, and I feel sure all pre- Further, it should also not be sent will agree with me, that in all large undertakings, some men- sure of confidence by shareholders in the future, together with entire endorsement, of far-sighted policy on the part of the Board, is both compatible and necessary for ultimate success.
Development.
We have only to look back a little into the past to note the wonderful and amazing strides, more particularly of late, mude in the development of motor traf- | fic, with the coincident rapid growth and expansion of the Colony. This fact should inspire us with confidence, and give us all every feason to expect that a progressive policy consonant with the times is the right and proper one to adopts and maintain, and one which will produce in the
The wedding of Mr. Nathas Less, of the 2nd K.O.S.B., and Mies Regina David of Shanghai, which took place at the Jewish Synagogue in Robinson Road, yes- terday, attracted considerable in- terest, there being a large gather-long run the most advantageous ing of colleagues of the bride and profitable satisfaction of all, groom and of members of the Jewish community of the Colony, including Sir Elly Kadoorie.
The synagogue had been beauti- fully decorated for the occasion by Mrs. David Gubbay, and the bride, who was charmingly attired in a gown of crepe de chine, was given away by Mr. David Gubbay.
With these comments I have
much pleasure in seconding the adoption of the report, balance
sheet and accounts.
7
The Chairman:-On behalf of the Board and, if I may say нo, on behalf of the shareholders, thank Mr. Joseph for his kindly remarks and speech...
Bus Service Question. There was a big recéption at. the Jewish Club following the
Mr. C. Mancini naked: ceremony, when the health of the should like
to inquire if the bride and bridegroom was toasted. Hongkong and Shanghal Hotels at the instance of Mr. Joseph, are 100 per cent, actual owners who offered some happily chosen and felicitous remarks.
SALESMAN $AM
1 GUESS PEOPLE LIKE THE IDEA
OF AERIAL DEUVERY ALL RIGHT- JUST LOOKIT ALL "THE ORDERS,
KITTY!
THEY
The Chairman:-The answer to that is that the service is opernt- cd entirely for the benefit of this company and the shareholdera of the company.
Mr. Mancini:-Does that mean
that the sharchelders own 100 per
cent?
The Chairman:-I think the answer. I have given should cover that.
Mr. Mancini:-Thank you. There was no other question and the Chairman's motion was put to the meeting and carried unanimously.
Other Matters. Mr. Allan Cameron and Mr. John Fleming were re-elected to the Board of Directors on the pro- position of the Hon. Mr. W.EL. Shenton, seconded by Mr. J. M. Alves.
On the proposition of Mr. J. F. Wright, seconded by Mr. N. V. A. Croucher, Mesars, Percy Smith, Seth and Fleming were re-elected auditors at the increased fee of $3,000 per annum to cover a cumulative monthly audit.
Directors supporting the Chair- man, were Mr. E. M. Raymond, Mr. John Fleming, Sir Elly Kadoorie, Mr. II. Taggart (managing director), Mr. P. H. Suckling (general manager) and Mr. F. C. Barry (secretary).
Shareholders present were Mrs. J. II. Taggart, the Hon. Mr, W. E. L. Shenten, Messrs. Arthur Brearley. N, V. . Croucher, W. E. Van Epa, J. E. Joseph, O. Kit chell, P. K. Kwok, Lee Cann, C. Mancini, P. L. Newman, II. O. Odell, T. R. Parsons, C. A. dn Roza, Kelly Sayce, II. E. Scriven, A. W. Smith, W. C. Van der
of this new Queen's Road bug Steen, J. F. Wright, H. Birkett, E. business and buses? That is to Abraham and Horace Kadoorie.
What's the Use?
(YEAH! THAT'S FINE. SAM, 】 AW, WHATS
[BUT YOU BETTER HURRY
JAND' HIT FOR THE SICY
IN THE OLD BLIMP-
'TH BIG
RUSH?
SHOW
SHOWELS
10%
TAKE
OND
WHY, THE ORDERS PRE PILING UP SO FAST ON
US. IF YOU'RE HERE WHEN GUZZ. GETS BACK HE'S SURE TO CALL YOU DOWN ~→
the Pills, my health and strength became gradually built up, head aches and dizzy spella consed, the
battles, from the Dr. Williams' Medicine Co., 60, Klangee Road, Shanghai. But when buying at a- shop be sure and ask for and in- sist upon having
DR. WILLIAMS PINK PILLS.
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SHUCKS! IF THAT'S THE CASE-
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ESTABLISHED - A‹Ð, 1990.
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HING LUNG SL
By Small
THERE'S NOT MUCH,"
Denken!510;
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UP!
J