1904-1919
HONG KONG, 1916.
381
23
The Hong Kong and South China War Savings Association, though it had been established only two months, had already invested on behalf of its members nearly $200,000. The Committee consists of very representative men, with the Union Insurance Society of Canton as Honorary Secretaries and Treasurers.
(b)-Indirect Contributions.
1.-Federated Malay States 6 per cent. War Loan $52,650 2.-War Loan Investment Trust of Malaya 24,030 3.-Straits Settlements War Loan Bonds.. 430,600 Total $513,280(Straits Currency.)
In addition, besides £1,145,000 contributed to War Loans by the Hong Kong and Shanghai Banking Corporation, large sums have been taken up in those loans by local Companies from funds available in London.
Three hundred and fifty-one volunteers for active service have left the Colony to join His Majesty's Forces.
The winding up of the German and Austrian firms is now approaching completion. Practically all the assets in all the liquidations have been realised, with the exception of a few leasehold properties and certain shares held by secured creditors. The leasehold properties will soon be sold, and the secured creditors referred to will be required to realise their securities.
In a few cases the completion of the winding up is delayed by litigation or other disputes with claimants.
One of the most notable events of the year was the first congregation of the University of Hong Kong, which was held on December 14th. The Chancellor (Sir F. H. May, K.C.M.G., LL.D., B.A., Governor of the Colony) having declared the congregation opened, a message from the President of the Republic of China was read.
The Vice-Chancellor (Sir Charles Eliot, K.C.M.G., D.C.L., LL.D., M.A.) then delivered an address, after which honorary degrees were conferred on the following:-
Sir F. D. Lugard, Governor-General of Nigeria, and first Chancellor of the University. (In absentia).
Monsieur Finot, Director of the French Institution in Hanoi, founded for the purpose of research in the literature and ancient civilisation of French colonial possessions.
Sir Robert Ho Tung, a merchant of Hong Kong, who for many years has been well known for his generous philanthropy and his interest in education. Since the foundation of the University he has been one of its most prominent supporters, among his benefactions being the endowment of a chair of clinical surgery.
Dr. Jeme Tien Yeow, a distinguished engineer in China, especially in connection with railway construction.
Dr. Wu Lien Teh, who, after a brilliant career at Cambridge and in medical schools in England and on the Continent, had done much useful work in China, including the stamping out of the plague epidemic in North Manchuria in 1910-11.
1904-1919
HONG KONG, 1916.
381
23
The Hong Kong and South China War Savings Association, though it had been established only two months, had already invested on behalf of its members nearly $200,000. The Committee consists of very representative men, with the Union Insurance Society of Canton as Honorary Secretaries and Treasurers.
(b)-Indirect Contributions.
1.-Federated Malay States 6 per cent. War Loan
2.-War Loan Investment Trust of Malaya 3.-Straits Settlements War Loan Bonds..
Total
(Straits Currency.)
$52,650
24,030
430,600
$513,280
In addition, besides £1,145,000 contributed to War Loans by the Hong Kong and Shanghai Banking Corporation, large sums have been taken up in those loans by local Companies from funds available in London.
Three hundred and fifty-one volunteers for active service have left the Colony to join His Majesty's Forces.
The winding up of the German and Austrian firms is now approaching completion. Practically all the assets in all the liquidations have been realised, with the exception of a few leasehold properties and certain shares held by secured creditors. The leasehold properties will soon be sold, and the secured creditors referred to will be required to realise their securities.
In a few cases the completion of the winding up is delayed by litigation or other disputes with claimants.
Öne of the most notable events of the year was the first congregation of the University of Hong Kong, which was held on December 14th. The Chancellor (Sir F. H. May, K.C.M.G., LL.D., B.A., Governor of the Colony) having declared the congregation opened, a message from the President of the Republic of China was read.
The Vice-Chancellor (Sir Charles Eliot, K.C.M.G., D.C.L., LL.D., M.A.) then delivered an address, after which honorary degrees were conferred on the following:-
Sir F. D. Lugard, Governor-General of Nigeria, and first Chancellor of the University. (In absentiä).
Monsieur Finot, Director of the French Institution in Hanoi, founded for the purpose of research in the literature and ancient civilisation of French colonial possessions.
Sir Robert Ho Tung, a merchant of Hong Kong, who for many years has been well known for his generous philanthropy and his interest in education. Since the foundation of the University he has been one of its most prominent supporters, among his benefactions being the endowment of a chair of clinical surgery.
Dr. Jeme Tien Yeow, a distinguished engineer in China, especially in connection with railway construction.
Dr. Wu Lien Teh, who, after a brilliant career at Cambridge and in medical schools in England and on the Continent, had done much useful work in China, including the stamping out of the plague epidemic in North Manchuria in 1910-11.
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