WHEE
HONGKONG
Application has already been made and accepted by the Committees of the Shanghai Stock Ex- change and the Hongkong Stock Exchange for quotations of the Company's shares.
1932.
The Subscription List will be open at 10 am, and close nt 3 p.m. on the 15th day of July,
UNITED THEATRES.
(Incorporated in the United States of Amerlen) Authorized Share Capital
ISSUE OF
1
TELEGRAPH. THURSDAY, JULY 14. 1932.
LAWN BOWLS.
THE TAIKOO TEAMS FOR SATURDAY
RUGBY "TEST"
· DECIDER
(Continued from Pago 8.)
had a five points lend. tralia
WILB eleaner England's passing
In their matches against the Kow- loon C.C. in the First Division and the Hongkong Electric in the Second, the Talkoo R.C. will be represented by the noon, commencing at 3.30 p.m.:
but the home players were play- Shanghai Toels 5,000,900 divided into 1,000,000 Cohiman Shares of Shanghai Taels & cach, fully following players on Saturday after and snuppier than the Australians, First team v. Kowloon C.C. (away);ing hard football. In the first five W. Weir, D. Bone, J. Watson, W. paid and non-ossessable.
Wotherspoon (Skip); W. Brown, J. Berums Australia was successful, Palaon, R. Keown, G. McLeod (Skip); but from then to half-time Eng- J. Chalmers, J. Chapman, J. Russell,
land dominated, with Adams play- D. Munro (Skip).
Second Team v. Hongkong Electric ing a magnificent game at half- Grimes, 11. McKechnie (Skip); A.
was superior to that of Sullivan R.C. (Home): A. MacIndoe, J. Waid, T. back. The kicking of. McMilinn Stalker, T. Swan, S. Hope, G. Mat Stoke (Skip) E. Greenwood, C. in the first half, in which McMll- Summers, G. Stewart, J. Sloan (Skip)lan found the line near the cor-
Dates Arranged For The
ners several times, leaving Sul- Ivan Atanding.
450,000 Common Shares of Shanghai Taels 6 each pur value, which have ocen privately underwritten by the Promoters and their associates,
and 150,000 Common Shares of Shanghai Taels 5 each at par, which are now offered for public subscrip- tion on the terms of this Prospectus and which have been underwritten hy Messrs, E. L. Elias & Co., 16, Central Road, Shanghai,
Applications for the above shares should be made in the form accompanying this Prospectus through any of the Company's Bankers for, and on behalf of the C mputy an followa:--
CAPT. R. E. SABBOON
T. G. WEALL. Esq.,
Lo KAN, Esq.,
JAMES BACK HOUse, Esq., !
KO LEONG HOF, Esq.,
GRANT MARK, Esq.
F. W. SUTTERLE, JE,
F. J. Sexum. Esq..
R. K. BULER, Esq.
Taels 5 on application.
DIRECTORS
Director of E. D. Sussoon & Co., Ltd. Director of Dodwell & Co., Ltd.
Managing Director of Hongkong Amusements Ltd., alongkong, Chairman of Board of Directors of Hongkong Amusements Ltd., Hongkong.
Managing Director of Ho Hong Bank Ltd., Hongkong, Director of Ltd.. Hongkong. Hangkong Amusements,
in the
upen
Open Championship.
fixtures Further lawn bowla championship have been made by the committee. Competitors are requested to note that in case where it is desired that a match be played before the date arranged Banction must first be obtained from in cases Mr. II. Hampton
while count of bad weather they are to be played on the same green the same day of the following week.
General Manager of China Finance Corporation, Federal Inc., U.S.A..where matches are postponed on ac. Shanghai.
Vice-President and Treasurer of China Realty Co. Federal Inc. 1.S.A.. Shanghai,
Vice-President of China Finance Corporation, Federal Inc., U.S.A.. Shanghai.
Director of China Theatres, Ltd.
SECRETARY AND REGISTERED OFFICE
J. A TORNER, Esq., Chartered Accountant,
" Avenue Edward VII, Shanghai.
BANKERS
THE CHASE BANK, Shanghai and Hongkong. NATIONAL CITY BANK OF NEW YORK, Shanghai and Hongkoner.
SHANGILAL COMMERCIAL & SAVINGS BANK, LTD., Shanghai.
SCBCBL
SOLICITORS
DAVIES & N. E, LERTON, 141 Szerhuen Road, Shứnghai, TEESHAL NEWMAN & Co., 15 Peking Road, Shanghai.
AUDITORS
SETHE, MANCILJ, & MELURE, Chartered Accountants 4. Avenue Edward VB, Shanghai.
GENERAL OFFICE
38. Szechorn Road, Shanghai.
PROSPECTUS
The objects for which this Company has been formed aro ng contained in the Articles of In- corporation and Bye-Laws of the Company, and in particular to nenaire, take over, operate and control a group of the lending motion picture theatres throughout China and the Orient generally.
Mr. Lo Kan, who has consented to serve as the first Managing Director of the Company, is well known throughout the Orient and America as a pioneer in the motion picture business in China and Hongkong. He has had a long and wide experience and has a specialised knowledge of all branches of the cinema industry. Mr. Lo Kan has achieved outstanding stress as one of the promoters and Managing Director of the Hongkong Amusements, Ltd., Hongkong, since its inception, and be directa or controls more than 30 of the leading cinema-theatres in China and Hongkong, of several of which he is the owner, and some of his several appointments are as follows:--
Managing Director:---
HONGKONG AMUSEME CHINA THEATRES, 17
Director:
ATS, LTD.
YANGTSEE AMUSEMENTS, LT
EASTERN AMUSEMENTS. LTD.
Member of Committee of Mandy ment;--
CATHAY AMUSEMENTS, LTD.
Chairman, Hoard of Directors:—
NORTH CHINA AMUSEMENTS, LTD.
Part of the proceeds of the present issue will be used to acquire :---
10)
23
Control of a minimum of 40 of the leading motion picture theatres in Shanghai and out- ports under an agreement entered into between Mr. Lo Kan and the Company.
A majority share interest of the Hongkong Amusements, Lid., under an agreement entered ints between certain shareholders of the Hongkong Amusements, Ltd. and the company, Control of the Puma Films. Ltd., and the Theatre Equipment Co., Ltd.
The estimated cost of obtaining this control is Tls, 2,300,000.00 and le based on the past working of the theatres at present in operation.
It has been decided that the First be concluded by August 8. Round of the Spey Royal Cup shall The Second Round fixtures in the Open championship are appended:
Monday, July 18,
(Police R.C.)
E. el Arculi v. J. B. Chapman.
(Kowlcon B.G.C.)
F. V. Whitta. C. S. Beat. H. Sherrill v. V. Petherick C. G. Silva v. I.. Luck.
Tuesday, July 19,
(Kowloon C.C.)
H. G. Cooper v. A. W. Grimmitt, A. S. Gomes v. R. S. Nichol,
Wednesday, July 20.
(Club de Recreio)
J. Fraser v. A, M. Holland, II. Nish v. H. Hampton.
Monday, July 25.
(Kowloon C.C.)
C. J. Tacchi v. P. T. Farrell, A.
II. Oswick v. A. K. Taylor.
(Police Rt.C.)
Dr. B. A. Castro Basto or R. F. Luz
lyde Lay
v. A.
(Craigengower)
The play was not without ita bad side, and in one encounter Cliff Pearce and Atkinson were at holte. Pearce was groggy when Atkinson was pulled
corner .with
A
were re-
away, and encountered the Englishman
England lost storm of hoots. Horton, with an injured knee, for a time in the first half.
BRILLIANT FOOTBALL. Ellaby and Hodgson sponsible for brilliant football in one movement, but Ellaby's try in the
disallowed. through Atkinson "shepherding." The first half ended with Aus- tralia 10 points to uil. The second half was productive of extremely casualties. hard footbal, and play in this hat wis Boteworthy for Gee was taken off in n stretcher. and Dempsey had an arm injn- rat. Norman's rm hung limpty. When five minutes remained, three Australians were off injured, and there were only three in a serum. Two minutes from time Norman returned.
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The last minute was a fitting close to a great game, in which the superior team, severely handi- capped, emerged victorious. Weis- sel secured, and sped on from his own 20 yards" line. Six English- men tore after him, and he came wintry nippiness, occasioned by a down three yards from the posts.south-westerly, squally wind.
The teams were:-
It was a sensational run, and the crowd was excited. With a few
W. McLeod ar J. J. Basto v F.seconds to go. Gee, who had re- Goodwin or W. Mair.
Tuesday, July 26.
(Club de Recreio)
England.
LTR,
Australia.
Full-back, McMillen; three- quarters, C. Pearce, Norman, Laws, Wilson; five-eighth, Wels- forward. nel; half-rack, Gee; Full-back, Sullivan (captain) [Steinolt (Captain), O'Connor, turned for the final minutes,
Pearce, Madsen, though he was still groggy, cross-three quarters, Ellaby, Atkinson, Dempsey, ed, and S. Pearce goaled. It was Brodgen, Smith; five-eighth, Pol-Heidke.
S.
no wonder that the crowd chaired tard; half-back, Adams, forwards, The attendance whs about 27,-
F. Cullen v. 1. de Rome. B. W. Gee and the captain, Steinohrt.
The day was Bradbury v. W. Russell,
Wednesday, July 27.
(Kowloon B.G.C.)
W. Ward or W. 11. B. Muskets r.
L. A. Gutierrez.
Thursday, July 28.
(Kowloon C.C.)
J. G. Ozorio v. F. Rupley.
Bowls Postponed.
The heavy rain which fell about 5 jim. yesterday interfered with the the games bowls programme, and scheduled had to be postponed. The Spey Royal contest between the Yacht Club and Kowloon Docks at the K.C.C. was abandoned after a few heads had been played, and will be contested at the same ground and time on Monday. Similarly the open singles chan pionship matches had to be called off, and will be played on grounds on Monday.
the AAMC
It is intended to use the balance of this issue, viz., Tis. 700,000 for the erection of studios and JIM FERRIER BEATEN the production of Chinese pictures and also for obtaining control of further theatres where advan- tageous to the Company.
(Continued from Page 8.)
to shot. Hattersley's tee
the third hole was NO badly
Negotiations are at present in progress for the lease on long term of 22 mow of land for the erection of stulios. Modern equipment for the taking of sound pictures has already been purchased and an expert from the Radio Corporation of America is due to arrive in Shanghai shortly to supervise the erection of the studios and the installation of the equipment. The Company intends to lease studio short units to local companies and to encourage further Chinese companies to make sound and talking pic-pushed out that it finished on the
Not only will the Compary obtain a handsome return on its capital by leasing these units, but will also obtain a first refusal on all pictures produced at the studios,
tures,
When it is realised that good Chinese pictures run in the cheaper-priced theatres longer than any foreign picture, the vast possibilities of Chinese pictures will be recognized.
There are less than 100 modern theatres in China, a strikingly small number when compared with he approximate number of 1.400 motion picture thentres in Japan, illustrating the immense potentialitics of the motion picture business throughout China, which is at present in its infancy, The theatres to be acquired will accommodate the release in China of the principal foreign producers with whom the Company, through Mr. Lo Kan, will have the advantage of favourable contracts already, entered into, and to afford releases of Chinese productions which will shortly be available from several Chinese producing companies.
The Shanghai theatres will be well distributed throughout the city and each is especially designed to fulfil the particular requirements of the community in which it is located.
from the consolidation of a large Among the many obvious advantages to be obtained group of motion-picture theatres under centralised control, operation and management, may be mentioned considerably reduced overhead expenditure, and inerease revenue resulting from selected distribution and better exploitation of the Intest pictures.
By having a chain of theatres under unified control the Company will be able to establish purchasing oflices in the picture producing centres in the U.S.A. and England, enabling direct contact to be maintained with some 25 or more producers who have no direct representation In China at the present time.
The issued Capital of 600,000 Common Shares of Taels 5 each par value has been fully underwritten, of which 150,000 Common Shares are now offered for public subscription in the 1,000 shares from each applicant will be allotted pro rata, to applications.
orthodox 3, became 3 up. 14th green, and Ferrier, with
an
Out-driven again at the fourth hole by many yards. Ferrier hit a within magnificent spoon shot to 25 feet of the pin. Hattersley and sailed through the green with Ferrler ran It p again pushed out his second shot, his approach. dead, and holed the 4 to be 4 up.
FERRIER FIVE UP. Both players pushed their drives out at the 5th hole, and from pots Hattersley pushed played short.
8th tee, and Ferrier, finding the out his approach again, under the green with his approach, won the hole comfortably in 5, to be 5 up.
Hattersley's response to Ferrier'a good shot to the short 6th green chipped up well, but too strongly, was another pushed-out shot. H
& 35-footer, won in 3, to be 6 up. and Ferrier, hitting the hole with Next hole the youngster hit two
yard 7th hole green, narrowly missed his 3, and with a 4 became 7 up.
terms of this Prospectus. If more than 150,000 shares are applied for applications exceeding glorious wooden shots to the 528-
The original Directors have been granted the option of acquiring at par. (Taels 5 each),
Inttersley drove close to the within one year from the incorporation of the Company, 50,000 shares of the unissued Capital of the Company.
form accompanying this Prospectus and edge of the 8th green (283 yards), Applications for shares should be made upon the
stymie, he knocked Ferrier's ball sent to one of the Company's Bankers at Shanghai or Hong Kong together with a remittance. but in attempting to negotiate a Where the number of shares allotted in less than the number applied for the surplus will be in for a 3, and a win.
on applications A brokerage of 4% will be paid in respect of Shure Allotments made bearing the stamp or signatures of Members of the Shanghai Stock Exchange or Hong Kong Stock Exchange.
returned.
Prospectuses and Forms of Application can be obtained at the Company's offices, from the Company's Bankers, Members of the Shanghai Stock Exchange, Members of the Hong Kong Stock Exchange, Messrs. E. L. Elias & Co., 10 Contral Road, Shanghal. →→ Dated at Shanghal the 7th day of July, 1982.
ILD. CERTIFICATE.
Of the Societe Internationale de Placemonts, Basle, (Local Agouts Mesara, A. Gooke & Co.)
Wednesday's official quotation in Baale! £2 128. Od.
sunny, with
Thompson. Hodgson, White. Hor. ton, Silenck, Feetham,
000.
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