our
“BREEZE” AT GANDE
PRICE MEETING
The
Directors.
were
of
THE HONGKONG TELEGRAPH.
a loss inst year. In writing off as they did all bad wines, they have: only been trying to present a trup, statement of accounts to the I feel sure we sharchulders. would be severely criticised if when we stock we did not take inte Tho conalderation bed, wines.
ment of the business,
THE RIGHT PLACE,
TUESDAY, APRIL 10, 1934,
last year to over $15,000 this year.
The Chaltman:A lot of our customers are Customs officers who are in the interior of China and seldom pats through the Colony. We.de our best ic collect
Shen:Comparing
anounts. Mr.
ABSCONDING SERVANT.
the
the
·FASCIST POLICY
MOSLEY'S'ATTACK ON INDIA POLICY
London, Apr. 9. The British Fascist movement
agricul
CHURCH CONFLICT
(Continued from Page 1) -
Chairman:-That $6,000 was given to him on his retire- Jast year.
We were aine very un-ment after 20 years' service with fortunate In certain old stocks, the Company.
Mr. Bond:-Your late European sum of $10,000 lind been wrliten balance sheets for 1932 and 1939 is against the recently announced which became ullaged, and depre einted in bond, thereby causing a hinnagar gave you 28 years' of the oir in this connection. No-one there certainly is some difference | White Paper policy "root and in the outstanding accounts. Fox branch," declared Sir Oswald heavy loss. The amount actually best of his life, and he was turned will criticise us for that.
The Board and the Chairman 19, the harbour business was Mosley, at Stoke-on-Trent Inst written off is $10,000, but this item out into the road by your Direc-
Liveh as $8,700 and in 1998 that will not again occur.
itors with only a letter stating that can only be optimistic and by amount has been almost doubled. night when speaking on the India If, you will take into account they had had to dispense with his they are optimistic as regard good Also in regard to local sales there question.
business. No-one can guarantee.hu been shown an increase of duty of England to remain in India He maintained that it was the that wo had rald $6,000 bonus to services owing to extru rent and
warehouse
was I think the Directors have done $4,000. That охрсивен. Не late Managing
Director on
makes
tatal retirement, that we have also ex- turned out at three days notice their best to put their shoulders
difference
and to govern India, which coun- of nearly $12,000, pended about 35,000 on the re- They gave him the three months' to the wheel to carry the Company There has been no increase in the towed everything to British novation and general amelioration alary In lieu of notice, as they through these days of depression, harkour sales although there has rule, of the office transforming it from were bound to do under his agree. and I do not think any shareholder been a considerable increase in He advocated that nu a very shabby one to one that is ment. During those 23 years he can really kick about the manage regard to local males. Lowever, tural policy should be initiated in India, where the masses were be now a credit to our Company, and was with the Company It was
considering the yearly flourishing and lividends
turn-overing driven from the country into that we have also made alterations)
is something like balf A million and repairs to
every year. Why, then,
The towns, where they worked for one of our most pald
dollars, I do hot think an outsland- va shillings a week and conse important assets, the "Topnotch" should. Mr. Pank receive such re
Mr. Bond:-With due deference ng account of only 10 per cent. Isquently drove Lancashire cotton launch to an amount of
over cognition In these day of depre to your remarks, you
are only too high. If you look at the bal-from the Indian market, by their $2,000, you will realize that the son of trade?
The Chairman: That was all young Director of the Company ance sheets of other companies less on the your's working is rically nil, as none of these items arranired by the late Board and I do not think you have the who carry creditors you will and cheap service to industry, Reuter,
ability to speak of Mr. Pank's past that the outstanding items are very should appear for some years to
work for the Company. You know much higher." come. You will also observe that
nothing about it. Mr. Pank was! "NOT FAIR" "Goodwill" has been eliminated | Mr. Bond: But you wore one from the accounts by the transfer of the Directors. The only satis- of $10,000 from General Reserve. faction I get from the Board was
a letter stating that they appre FUTURE, HOPES.
cinted my long and faithful ser During the past year we have vlees, but owing to extra rent and
expenses they had
to been looking forward to brighter warehouse prospects, but I regret to state dispense with my services. I no far our hopes have not been gave the best 23 years of my life realized, owing to the adverse cir- to the Company. Surely I was доме compensation, esistances we have had to con- entitled to tend with. We trust that we shall same recognition if Mr. Pank gets have much better results to place) $5,000. He drew a fat salary and
Directors fees each
It is not before you for this year.
year. In conclusion, gentlemen, I have fair on the shareholders.
Mr. J. F. Shea-As me much pleasure in proposing the
the. directors I would adoption of the report and state-of ment of accounts as presented, and like to say a word or two. As after they have been seconded, 1 regards Mr. Bond's, grievances I shall be pleased to answer to the nubmit that it is entirely a person best of my ability any questions al affair and therefore it should shareholders may desire to ask. come through some other share- Mr. D. Romjahn seconded, and holder, and not through Mr. Bond safd-Although we have lost himself. If Mr. Bond has a real $17,117.58 during the past year grievance to make to the Company, when we take into consideration think this is hardly the time to that this sum was almost entirely do As regard Mr. Pank's made up by Increased expenditure) bonus of $5,000, that was given by Board of Directors. Mr. of $2,000 in advertising, $5,000 the
Was connected with this bonus to our lats managing direc-Pank
80.
tor on his retirement, writing down Company for a very long time and stock of $10,000 and depreciation] he had been Managing
$5,000 'for
renovation for
Mfr. Punk years.
of
AB
necounts
REICHBISHOP DEFIED BY DAHLEM PASTOR
Whiteaways
WHITEAWAY LAIDLAW & CO LTD.
FINAL BLUE PENCIL BARGAINS
TO-DAY AND TO-MORROW
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Silk Morocain, Wide End Ties. BLUE PENCIL PRICE 95 Cts.
Men's White Lawn Handker- chicks. Hemstitched hems.
BLUE PENCIL PRICE $1.25 for 6.
not even in the Company at the! Mr. Bond also drew attention to time you joined. You state that the fact that one of the servante this is not the place to air or the Company had absconded grievances. I say at the share with the sum of $20,000 which he holders' meeting is the place to had been allowed to accumulate, air grievances.
Mr. Shen and he was sure
Berlin, Apr. 9. Mr. Shen:-I do not think it repetition of that affair would not
The German church conflict was 200 Doxen fair for you to speak in this strain. take place. "The management are brought to a head yesterday when if I was in your shoes and had not doing things is a slip-shod way the Rev. Herr Niemosller, former your grievance to make, especially
Are being submarine commander and pastor| whom the grievance is personal, I looked into regularly and no-one's in the fashionable parish of would certainly get hold of one or word fa being taken for granted, Dahlem, Berlin, defled the Reichbi two shareholders to speak on your At every Board meeting we look shop, Dr. Mueller, and the order behalf. I move that it is entirely bito every areount. We no longer superseding him, Irregular. If some other share-allow a man to go out and collect} The Rev. Herr Nimoeller pre- holder were to ask why is one per- and have the chance to accumulate ached to a dense congregation on Hon treated one way and another targe soms. I would hate to Sunday and denounced the Nazi person another way, it would criticise the old management at conception of Christianity. probably carry some weight. But this time for what occurred
A He said he would continue grievance does not couple of years ago, but it is a personal
nwork in the parlah na usual, in matter to be severely censured spite of the fact that the carry weight."
Mr. Bond: am not making my that the management should have pastor has attempted to take over. complaint to the shareholders:
allowed a man to accumulate such his duties, at the Reichbishop's) am making it to the Board of heavy sums and abscond with the command, Directors. Why should this man Company having no redress. There is much speculation, and get $5,000 when he has not done an inch as 17
"
"IRREGULAR".
to
new
Mr. P. Phillips;-I might some apprehension, at what Reich- point out that a great deal of the bishop Mueller will do in the face) outstanding accounts in regard to of this open deßance.--Reuter. Harbour business have been collected since the balance sheet was made up,
We The adoption of the report and
Mr. Shea: That point should not be made at the general meet Director was also in It will be ruled out.
the minutea and also record that suns we approved, on his retire.it is irregular to bring up perros-
nl affairs. ment. that a certain sum begiven to him.
of the Once, We have instrumental in making the Comill have the matter recorded innecounts was then carried.
not done so badly after all. pany what it is. in view of the fact that the com- pany has more competition, cou- pled with the world wide depres- sion in trade,
For these rva-
NO ACTUAL LOSS,
As to the Chairman's speech of
· BONUS QUESTIONED,
fast year and his promise of good business for the Company under Mr. C. Bond:-Mr. Chairman.- In your report last year you stated the new annagomont, I do not shareholder has any that under the new management think any
which your harbour and shore sales were kick against a Company
really advancing. The present can pull through each a depres- Ilance sheet does not bear out that Į sior as has existed during the statement at all. I would also past year as this Company has, like to ask what the $5,000 granted without showing no actual loss. to Mr. Pank was for?
Really the Company did not show
COMING
SHORTLY
AT
the
FREDRIC MARCH GARY COOPER
! MIRIAM HOPKINS
EDWARD EVERETT HORTON in' Noel Cowaldt
ESIGN FOR LIVING" an Ernst Lubitsch
oovci ON
A Paramount Picture
KING S
SIMULTANEOUS SHOWINGS TO-DAY
ALHAMBRA WORLD
with "BROADWAY THRU A KEYHOLE"
"GALA PREMIERE"
STARRING
MICKY MOUSE
MINNIE MOUSE and PLUTO
Supported by
*MARIE DRESSLER :
LIONEL BARRYMORE ETHEL BARRYMORE
JOHN BARRYMORE JOAN CRAWFORD.. DOUGLAS FAIRBANKS HAROLD LLOYD : JOE E. BROWN STAN LAUREL RICHARD BARTHELMESS CONSTANCE BENNETT,
WALLACE BERRY
GRETA GARBO CLARK CABLE .. MAE WEST CHARLES CHAPLIN
ANN HARDING EDDIE 'CANTOR JIMMY DURANTE OLIVER HARDY
Etc. Etc. Etc. Etc.
CLARA BOW CLIVE BROOK
Mr. Bond:--1 am not bringing up my own personal affairs.
Mr. Shea :-You are referring to Mr. Bond, aren't you? Mr. Bond-Yes.
OTHER BUSINESS.
re-
MINE DISASTER.
1
L
en.
150 Dozen
Men's Semi-Stiff Belfast make.
Collars.
BLUE PENCIL PRICE $1.50 for 6.
50 Gross
TOILET ROLLS
Best British makes, Chemically pure.
BLUE PENCIL PRICE $1.00 for 6.
Metal Cigarette Cases. Various colours.
FIFTY BIRED BY On the motion of Mr. H. 1.
EXPLOSION Phillips, seconded by Mr. Tsu Ho-
seung. Mr. J. F. Shea was
Fukushima, Apr. 9. olerted a Director of the Company. Fifty workers have been
Менята, Lowe, Bingham and tombed here by an explosion which 30 Only Matthews were re-elected auditors, occurred at 9 a.m. to-day. There on the motion of Mr. Wong Sik-may be others trapped deep in the chung, seconded by Mr. J. F. Shes, earth, not yet accounted for.
Those present were Messrs. The Fukushima Conf Mine is Kenneth Chan (Managing Di-{the concern affected. rector), Wong Sik-chung and J. F.. Rescue workers have been la Reverting to the balance sheet. Shen (Directors), J. N. Wong houring throughout the day to dig Mr. Band drew the atten- (Secretary), R. P. Phillips. D. a way through the debris which Lion uf the mecting to the Rumjahn, Tsui Ho-tseung. Lan cuts off the escape of ony who outstanding accounts in res-Shiu-wan, Lam Yuk-ching, Lai may have survived the blast, Late 200 Pairs pect of harbour business, pointing Hok-ping and
(share-last night not one of the missing out the Increase from $8,000| Kolders).
Thad been found,—United Press.
Mr. Shen:Then I move that it is irregular.
Mr. Bond:- do not think it is irregular.
..for
C. Bond
Cultivated Tastes:
Gresham
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DE
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BLUE PENCIL PRICE 60 Cts. for 6.
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AND MANY OTHERS
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