THE HONGKONG TELEGRAPH. SATURDAY, AUGUST 1, 1936.
Against a British Peer
£489,335
Claim
GRAIN RACE
and
His
AMONG
ICEBERGS
CUTTING 1,000 MILES
OFF AN EMPIRE
ROUTE
FIFTEEN ships now in
European ports are pre- paring for one of the most dangerous voyages of modern times.
About July 25 they will start, many of them from ports on the east coast of Britain, on a grain race Hudson Day.
By using the Port Churchill rente more than 1.000 miles en he cut of the route from Saskat- chewan to Britain. Every tushel of grain 031 br brought Eure for 2d, less than by the ok route.
The difficulty was the north-west pea parange-the same pinsange Chal Calet and Henry Hudson tried to.
4 ore than 40M)
years ago,
Three
Frank Melfugh (left), Patricia 15llin, George E. Stone (centre), ard The wild Hudson Strait between ; Warren Hall, (right) in "Freshing Love," showling at the Alhambra Theatre, Baffin Land and Labrador and on Sunday. queber is only open in summer,! and even then for only a few weeks, į
lesbergs, floating down from the Aretie, cutitute a constant peril! to seamen, Magnetism is no great that ordinary hips' compasses are spelers,
"60"
GIVING LIFE COLOUR
"IPSTICK and rouge are as vital to women as food," said Dr. A. M.. Dewing. Legislative Committee chairman, in attack A patrol steamer has just heening Maryland (1.8) proposal for a ten per cent, levy on cosmetics, sent up to the Hudson Stralt to prepare for the ships liat will,
FASHIONS
come from Europe. It is believed; MRS. GLORGINA TAYLOR,
T
to be the most modern and efficient A Greenway-garden, Chippentium MR. WEBB AND THE ire-breaker in the 'work, and its ninety gears old, keeps her Jake a fash is to patrol the Strait during neatly bobbed; likes méidera, fashion, The navigation season.
Opere the Icespark has broken up the word "Go" is ülven. This ye the date has been fixed provisionally. For August 10,
This year, it is believed, the ter unel will not close again until October 19. This gives the ships) two mouths, and some are expecteds
ranke two
111 Part voyages Churchill.
to
Hundreds of thoumnde of bushelsi of wheat will be brought từ Britabi by this newer and cheaper route this)
year.
'Million-heirs?
New York, July 13. Sixteen-yent-old Jamins Pier- pont Morgan. grandson of the ruler of the home of Morgan, Tankers, sailed before the most in ย ladjammer bound for the He wants to Afrien Azores mid learn to be an able-seaman
Roger Wolfe Kahn, son of the dead banker, Otto Kahn, earns his own living by lending a hand. Ik
bas also become Lieutenant Kahn. of Long Island flying police force.
POACHER
Co-Directors
SHILLING SHARES
SOARED TO 33/-
A N action which seeks to make four company directors liable for losses amounting to 489,335 opened recently in the Chancery Division.
Viscount Wimborne, his son, the Hon. Ivor Guest, Mr. Selwyn Davies and Mr. Lionel Maurice Noel, who were directors of Machine-Made Sules, Limited, which went into liquidation in 1931, are sued by Mr. W. H. Cork, the liquidator of Machine-Made-Sales, Limited, and three associated companies, Auto-Made Sales, Limited, Direct. Automatic Sales, Limited, and Autopax, Limited.
Six K.Cs and nine junior counsel are engaged and the netion. is expected to last some weeks..
The statement of claim illls 111 foolscap pages and contains about 35,000 words,"
Mr. J. M. Tucker, K.C., said the Case falsed questions of the uémost public importance in con- nection with the administration of companies and their shares on the market.
SHARE "RIGGING"
CONSPIRACY ALLEGED
As against all the defendants other than Lord Wimborne there was a charge that they were, from October. 1928, engaged in conspiracy to defraud the four companies and enrich themselves
at their expE90,
Made Sales, Limites, which were then 18, shares, were quoted on the market at 59. per share. The Rominal capital WILK then | 2-45,000, which was thus valued at
roughly £1,500,000,
The shares of Auto-Made Sales, Limited, at one me touched 88, (and stood at 7s, for a short while. Their average price was about 69, for the 1, share. On that basi they would have been worth £750,000 of the whole capital.
Mr. Tucker said that the whole
of the transactions concerned in the case took place between Det»-) A mapirary was also alleged her, 1928, and July, 1930. to raise and maintain the market, Mr. Guest was Lord Wimborne's price of shares in Machine-Madson, Mr., Selwyn Davies, at all; Sales and Auto-Made Sales, in material times, was Parliamentary: their own interest and in fraud of Secretary and private secretary to persons who might be induced to Lord Wimborne, Mr. Noel war an London, July 28, purchase, the shares.
engineer who, with another man, This conspiracy, counsel said,
the originator of
Direct ། W༥༥ The death of Mr. G. W. Webli, was sometimes known as "rigging Automatic Sales. 'J. P., at the age of 82 -ut Reading! the market.”
The quantified claim for dam- (recols un amusing case which hej A third allegation WILM that
heard his last meten years these three defendants conspires and Mr. Davies amounted alto- ages against Mr. Guest, Mr. Noel to make use of their positions and i powers as directors of all the ether to £192,806, which was companies, not in the interest of Capable of being reduced, an the companies, but in their own; interrata,
Lago,
A man was charged with porch, ing and Mr. Webb, who presided, gave him another chance.
Next mornay,. Mr. Webb faj cavored On
his front doorstepsi two rabbits and a note rending? "Best wishes from the penetrer."
"Of course, you're coming?"
GRAND OPENING TO-DAY
SHUM CHUN HOTEL
BALLROOM
Presenting
Miss Jenny Querubin. (Famous Philippine Actress).
who will give Special Performances
Every Night
Tea & Dinner
DANCES
Daily
from 5 p.m. to 1 a.m.
--WITH ·
JULIAN SILVERIO
and his REVELLERS' ORCHESTRA
LORD WIMBORNÉ
NOT IMPLICATED.
4
certain view, to £111,500.
There was K separate claimi against Mr. Noel for £1,020. nod unquantified claims in which that against Lord Wimborne was in-
"I ought to say," continued cinded, counsel, "that Lord» Wimborne,DENIALS BY
is not charged with the others LORD WIMBORNE
as being concerned in the! Outlining the defence, Mr. conspiracy. Nor is any allega-Tucker said that Messrs. Guest, on made against his Tona Davies and Noel denied conspiracy fides and honesty,
and all the allegations against The sole claim against him them. arises really from a point of law- Lord Wimborne denitil being whether the other three defen-responsible for the acts of the dants, in carrying out certain other defendants. Heplended that, transactions in regard to a marketit, as alleged, there was any 1 pool in shares of Auto-Made Sales, pooling of shares which he did. werd his agents and whether he is not admit--he did not know of it, responsible for any wrongful act and denied that he was a partner they may have committed.
in the pool.
"It is my case that this market
He denied liability for any of
pool was a partnership, and the declarations or accounts sued
partner is the agent of the other
for.
partners. The claim against Lord Winthorne arises on the basis of
agency.
The hearing was adjourned.
"I should make it clear that, if a "I WILL NEVER NAG wrongful art was done by these three other defendants, 1 do not allege that Lord Wimborne knew of it."
Mr. Gavin Simonds, K.C., for Lord Wimborne, interposed to say that his client's name had been bruited abroad,
"All sorts of charges were made ! against him," counsel said, "and l eonsiderable publicity was given
OR ANNOY"
Wife's Amazing Contract with Husband "CODE OF CONDUCT" DRAWN UP
A remarkable document, in which to them. All these charges have a bride undertook never to
nag of been withdrawn and the claim annoy her husband, was read to the made against Lord Wimborne is Kingston-on-Thames Magistrates, re- not based on impropriety of any cently, during the hearing of
of a sun- kud.
mmons by Mrs. Disue Mary Cummings "It is right that publicity shoud | for a separation and inaintenance be given to the disclaimer which order against her husband. Sydney Edward Cummings, of Coombe Lane, Kingston. The grounds gives were Those of persistent cruelty,
has just been made,"
£489,335, LOST
The wife was said to be 23 and the husband 31.
Mary
BY TWO COMPANIES Mr. Tucker, continuing his opening, sald that Direct Mr. Sulter Nichols, for the wife, Automatic Sales, Limited, was said want the couple were married in wholly-owned subsidiary of August 1934, and four days before Machine-Made Sales, Limited, and told his future wife that it would be the marriage took place Cummings Autopax, Limited, was a wholly necessary for her to sign the follow- owned subsidiary of Auto-Male ing document: "I Sales, Limited. All these panies.
com-Beard, undertake, by S. were in compulsoryCummings, never to nag or anney or liquidation on creditors' petitions. be suspicious of the anid. S. E. Cum- At the date of the liquidation wings, and always to obey him. I there were 2,147 shareholders of also agree not to accept alimony or Machine-Made Sales, Limited. monetary consideration or property
in the event of The nominal amount of the issued divorce."
separation or capital was £225,000, all in 5s. shares.
S. E.
Mr. Nichols said that any thwart Originally they were is, shares, had bein met with cults and blows.
ing or displeasing of the husband and there was a large. Iabuo of In code of conduct which Cum-. them at a premium. Later that minga had laid down for his wife to premium Was capitalised by restricted her to four cigareties pier writing-up the 18 shares to 55, weck and refused to allow her to use
The nominal issued capital of lipstick. Auto-Mado Sales, Limited, was
WIFE'S EVIDENCE
£125,000, and, with the premium Mrs, Cummings gavé evidence sayi charged upon the Issue of the ing that her husband struck her on shares, the total amount paid was several occasions, one occasion being £209,375.
when she confessed to aim that she The two companies had a cash
had been using lipatlek.
Crosa-examined by Compton
capital and premiums of 4480,935, Mficer, examisu band, Mr. Cin
Give yourself a break! COME TO SHUM CHUN
HOTEL BALLROOM. SHILLING SHARES
every penny of which had been minga sald that she was forced to lost.
sign the undertaking.
Mr. Compton Miller-Why did you morry a man, who was forcing you to sign, a document?
'THAT SOLD AT 33 S. At one timo, continuïed "Mr.
Afra. Cummings-I don't know. "I Tucker, the shares of Machine-loved him.
VAT 69
BY APPOINTME
Quality
Fell's
VAT 69
DISTILLED
AND GOTTLED SP SCOTLAND
BY
SINCE 1863.
"Sanderson fon
DISTILLERS. LEITH
Sole Agents:-W. R. LOXLEY & CO. (China), LTD.
THREE
ROUSING
CHEERS
FOR THIS RIOTOUS REGATTA OF ROWING, RHYTHM AND ROARS!' Cheer the first college crew race over rowed to the rhythm of the rhumbal Snuggle up with a sorority sweetie to. the Hot-steppin' shuffle of the "Col- legiana"...the now dance sonsation!
FRESHMAN
LOVE
Warner Bros.
FRANK MCHUGH
10 the cock-l
couch of a goofy crew
PATRICIA ELLIS
giving you a college
edwcollon in red-hot hit syncopallon rhythmnie
WARREN
HULL Aging
"That's What I Mean"
"Romance After DarkTM
TO-MORROW
*AT THE
ALHAMBRA
: