1918-05-23 — Page 4

China Mail 德臣西報 中國郵報 All

BY APPOINTMENT.

WATSON'S PYERIS.

DEGISTERED.

An exact reproduction of a well-known Spa at half the price. Blends perfectly with Spirits, especially Whisky.

"A little learns 19 a dangerous thing, Drink deep or touch not the Pyerian Spring, Thero shallow deafts intoxicate the Brain And drinking deeply sobers us again."-Pope,

Pints $1.00 Per Doz. Splits 60 Cts.

"

་་

A. S. WATSON & CO., LTD.,

AERATED WATER MANUFACTURERS.

TEL. 436.

To-day's Advertisements

The China

HONGKONG STOCK EXCHANGE.

THE CHINA MAIL.

COMPANY MEETINGS.

UNION INSURANCE SOCIETY OF

CANTON, LIMITED.

The forty-fifth annual meeting of the sbors Company was held at the offices of the Company, to-day, at noon.

THUR DAY, MAY 15, 1

CRIMINAL SESSIONS.

Thursday, May 23

ARMED ROBBERIES

erogi in 1918 for the same period. Out tors) and Mr. C. H. P. Hay (Autics of the balance of $6,379.66487 we General Manager) and Messrs. A. recommend the payment of an lutarim R. Lowe, E. R. Thomas W. R. dividend of $30 per share and a bouts Mansfield, G; S. Archbutt, J. C. af 20 per cent to contributors of Almeida, M. A. R. Souza, P. M. business on Bonus terme Gentlemen, Hodgson, OH. Birl, V. R. V. the wonderful results we are gratified Ribeiro, B. M. G. Cubus, V. (BEFORE SIN WILLIAM FRES DAVIES,

K.C., CHIEF JUSTICE] in being able to place before you could

our staff,

the Provident Fund and a month's exten

"The CHAIRMAN said: Gentlenes-

Yuen, Kau-pleaded not guilty to s

Outlining the case, the Crown Solicitor

His Majesty the Kisa-EMPEROR. The Committee believe it is possible to utilies all forms of instruction—p [visual, ceremonial, literary, oral and dramatic-to attain this end, and euggest, as preliminary steps, the widest posible distribution of]

loyal and wholehearted co-operation of Alves and F. H. Fart.

atraid The enormous portraits of Their Majesties and the

not have been obtained without the Recadios, A E B Alves, A. A Royal Family, the provision of Union The Hon. Mr. P. H. Holyoak presided consequent upon the character of our The Directors Report and Statement charge of robbery with violence, you Jacks for all schools, the use in the and there were present: Mr. A. O business and the depletion of the mem-of Accounts having been in our March 1).

The Crown Solicitor, Mr. G. EL aptly to your approval, adopt the usual curriculum of flag drill and action Lang, Mr. W. L. Pattendon, M. &.bers employed has been cheerfully hands for some time, I will subject

met with what has beez songs with flags, the special colabra. Forbes and M J. A Plummer described as the "Union spirit" which cours and take them as read. You Wakeman, appeared for the prosecution tion of Empire Day and other (Directors), Mr. C. H. P. Hay, I am glad to say pravails amongst our will notice that sterling exchange has and the accused was undefended.

The jurymen were Maser E L historical anniversarien; cinema or (Aating General Manager) and the staff throughout the World. We have been taken at 8, the rate ruling on magic lantern exhibitions of, im Rev. Father Robert, the Hon. Mr. H. F. voted them a Bonus of 15 per cent to the 31st December last, and it Sim, P. F. da C. Frate, P. L Knight, cidents in the life of British Royalty, Follock, K.C., Captain T. Arthur, Dr. pag, and feel confident of your undivided perhaps unnecessary for me to point T. Hunter, C. L. Pareirs, E. W. Gregeom visits to warships, the teaching of Sanders and Messrs. T. F. Hough, support. Daring the year, as in the out that had the conversion been and P. Sf. Remedio songs and poems of Imperial meaning, T. E. Fearce, Evan Ormiston, H. B. 1. past, varying sums have been subscribed affected at 29. 31d., the exchange and lectures on the same subject. Dowbiggin, G. Grimble, C. C. Hickling, The whole scheme, in its conception C Champkin, La Cheung Shiu, Ho And in its ultimate bearing, la Leung, A. V. Apcar, H. 1. E. Dastur, wonderfully comprehensive and is Nemzee, J. D. Darby, R worthy of being adopted in other R. Lowe, P. M. Hodgson, G. S. purta of the East. If by some re- Arshbutt, W. E. Clarke, Chan Siu Ket organisation of the educational system J. Macdonald, Ross Thomson, Ho Aufficient time can be secured to Kivong, R. Mansfeld, E., R. Thomas nalude such a programme of Inperial and A. E. Cinpaell education mach good would result.

The CHAIRMAN said Gentlemen the same balance as last year. The vaine mend be dealt with as follows: Mail.The British Empire is one in feeling The Report having been in your hands the 31st December last has been taken and most remain one in political for a suficient time to enable you to for all our Investments, and you will anbatance. This unity has grown make a close study of it, I will, with note with satisfaction a balance of over your permission, follow the wual million dollars in Investment Fluctus out of the internal freedom of procedure, and take it, as well as the tion Account to provide for further Gentlemen, the hope. its constituent parts, and can only Auditors' report, as real I regret that depreciation. be conserved through the mainten- the late arrival of mails from distant expressed last year that the peace of ance of such freedom--and it is this parts of the world has necessitatah the the World would be restored by this great foundation principle which is postponement of this Meeting from the date has not been realised, but the Gayal time we are accustomed to hold it. determination of the Nation remains China has In the opening of my speech last year, steadfast and we have calm confidence until this or following years. Turning A PEAK DISTRICT (RESIDENCEĮ at stake in the war.

of the Society had Exchange been much turned her severance of diplomatic the wisdom of ou sacciation with the a feature as in the secounts then before relationship with Germany into an Union Insurance Society of Canton Ltd, you. The figures presented at that actual declaration of war, and it is to be is again illustrated by a much bigber premium income than in former days Meeting had been converted at in hoped that she will realise the cause of

last year, Hongkong Legislative Council this exchange of 2/4-3/4, while those in the disruption of her internal affairs and and while it is yet premature to forecset, first time at the meeting of the

that when. the previous year were exchanged at deport without further delay the the final results for

wo afternoon providing that with certaint 1/11-1/16, The abnormal increase enemies in her midat. In conclusion, I feel confident to 3 at the end of 1917 makes the Gentlemen, it is evident that my append meet next year the divisible balance accounts you are dealing with today of last year was not made in rain, and I more than usual interest. As you are therefore reiterate the expression of hope aware, most of our business is transacted that you and other shareholders will in Gold currencies and a large propor- not only continue your support but tion of our funds is held in Gold. In assist further in increasing the Society's

business.

to such obarities as your Directors, felt adopted in the accounts placed before the society should support, which action you last year, we should have a much stated that on the night of March 31, will doubtless meet with you approval larger balance available for distribu- man and his wife were on board their Turning to the Balance Sheet you will tion. As it is, I feel calent that fishing boat at Waterfall Bay. Shortly notice that our Subscribed Capital bas your will agree that the figures placed after midnight a small boat came along- cery Batisfactory side in which were five men. Four of been increased owing to the issue during before you ac the year of $33 more shares in exchang After the transfer of $119,000 these men boarded the fishing boat and Frobange Fluctuation Account, referred for "China Fire" sharra

exchange, our Exetange Fluctuation grow, and in spite of the dificulties of Account is maintained with practically

TT IS HEREBY NOTIFIED tha: HONGKONG, Tecday, May 23, 1918.

the HONGKONG BTOCK EXCHANGE will be CLOSED TO-MORROW (Friday) 24th May. EMPIRE DAY.

By Oder of the Committee.

E. M. RAYMOND.

Secretary.

430

Hongkong, May 23, 1918. FIRE INSURANCE ASSOCIATION

OF HONGKONG.

EMPIRE DAY

NOTICE IS HEREBY GIVEN that

all FIRE INSURANCE OFFICES! will be ULOSED for the Transaction of Public Business on FRIDAY, the 24th May, at 1 o'clock r...

By Order,

EMPIKE DAY,

NEWS OF THE DAY.

Police

LOCAL AND GENERAL.

We are requested to state that have in their possession platinum and gold spray brooch, with diamonds. required.

the

on

Our Retosurance Fand

I pointed out that never in the history in the ultimate result.

TO-MORROW is Empire Day-a day or which we are asked to specially concentrate our thoughts on our imperial duties and responsibilities. Ay effect of the present war, and one which may hereafter be reckoned among ita most memorable effects, bas been the impulse it has given to the plats for drawing closer the political ties which list the various parts of the British Empire together,

order that shareholders outside of giving to those ties a mors definite

Hongkong and China may appreciate form Our sense of Imperial unity

more readily the magniture of our has been immensely developed by

operations your Directors have decided to show in their Reports the sterling The history of our the war. Empire, broadly speaking, is the Contrary to general expectation, equivalent of the figures in local paruit of an ideal of communal life no statement was made by H. E. The currency which it is their pleasure to A MARINE INSURANCE stitutious.

**Empire wingarda Guverner at the meeting of the place before you. In dealing with the 1915 Accounts we have a divisible OFFICES will be CLOSED for the Transaction of Public Business on not used in the sense

mont in the matter of Consumption, balance of nearly two and a half million favourably with tha per exchange FRIDAY, the 24th May, at o'clock.freed dominion over other races

By Order,

Your Directors recommend:

A. R. LOWE,

Searstary. Hongkong May 13, 1918.

A. R. LOWE Eecretary:

451

Hongkong, May 23, 1918. MARINDINSURANCE ASSOCIATION

G.

FONURONG.

PUBLIC AUCTION,

482:

THE Undersigned have rerricts

Public

ADMINISTRATOR, to sell. by Auction

on

J

SATURDAY,

the 25th May. 1918, at 10.30 am)..... at their Sales Rooms, No. 8,

Dos Varax Road, Comer of Ice Hours Street, THE SUNDAY BOUSEHOLD FURNITURE AND EFFECTS of the late Mr. A. P. Nos,

Terms: as usual

HUGHES & HOUGH,

Auctioneers.. Hongkong, May 23, 1918.

2

of en-

1

Identification

set

in

with under 1918 account amounts to agrione injuries. The robbers then took

417,000-which your Directors recom-way a bor-containing articles of to last year, the, balance to be deait attacked the man and his wife, inflicting

Dividend of $7 and Bonus of clothing and $50 in cash. From in-

formation reosired the accused-wa subsequently arrested

per share..

To add to Reinsurance Fund £20,000.

To carry forward to Underwriting Suspenas Account $104,035.08.

Evidence was then taken, after which the jury found the accused guilty, and His Lordship passed sentence of tem The amount carried forward to Un-years' hard labour and fifteen of strokes derwriting Suspense Account is of the "cat" provision necessary to meet claims on marine business accepted in 1916,

payment for which will not be made

to 1917 account, you will notice that

ORDINANCE.

A Bill was introduced and read af

within the. Peak district without the will compare very favourably with its exceptions no person shall reaïde predecessors.

consent of the Governor-in-Council. The main causes are the follow

Turning to the balsace sheet, you will notice that our Reinsurance Fond bas appreciated by close upon three lakhs

(1) Subject to the provisions of section of this Ordinance, is shall not be lawful for any person whatsoever to

(2.) Any such consent may be given ride within the Peak District without

as to include the following persons

f the members of the family of the the consent of the Governer in Council.

person

to whom the consent is given;

of dollars and that there is a substantialing: The CHAIRMAN proposed the adoption sum to the credit of Exchange and of the Report and Accounts.

Mr. Ross THOMPSON Seconding said it Investment. Fluctuation Accounts to meet the vagaries of silver and any was with vary great pleasure be read-in further writing down of the Company's support of the Chairman's proposal that investments which now appear in our the very excellent statement of account books at the market prices ruling on was under the impression that move that the Directors' report and read before them should be passed the 31st December last. I will now He

Statement of Accounts as presented be statement of accounts would mark new record in the progress of the Com-adopted. Alter this has been seconded rite of exculuga u tha shnormal tions that may be put relating to the might, not be so apparent st I shall be pleased to answer any ques

(e) bond fide visitor entertained': Mr. Próba Heating

gratuitously by such person. A final dividend to shareholders of thought the statement he had made

would be fully borne cut; and he felt E. R. THOMAS seconded the Jell(3) Any such consent may be re #20 per share.

TURY Council at any A bonos divideo to shareholders of utmost, confidence in saying that those to the Board of Directors of Mr. W. time on six months notice 14, tg present would be entitled. The Pattender and Mr. A. Forbes and the

(4) This Ordinance shall not apply to $10 per share.

way of the following persone Bovation of showing the equivalent motion was carried. of the dollar figures in starling.

Mr. W. E. MANSFIELD proposed, and

A

*

Dividend Warrants were ready and the

The CHAIRMAN then announced that

meeting terminated.

THE "STAR" FERHY, COMPANY," LIMITED.

The report of this Company states:— The Directors have the pleasure to

(4) persons lond fide employed by anch person in or about his re- sidence; sod.

(a) members of His Majesty's, Tie- gular Naval or Military Forces stationed within

the Fest District;

(4) members of the Hongkong Police Force stationed within the Fesk District: TA

(c) inmates of hospitals wating the

Peak District id visitors at hotels within the Peak District ho do not refide within the

Peak District for longer period than one month at any one time and whose total time of resilahde within the Peak Districe does not exceed two months in any continuous period of twelve months+

(e) public chair coolies permitted by the Captain. Superintendent of Police to ply for hire within the Peak District and

ployed.

contractors and labourers fem- arily residing and actually eng

within the Peak District. If it be made to appear to the Supreme Court that anything has been or is being done by any person in vicin

bat rather in the sense of a The Bill to prohibit exhibitions, Commonwealth of nations. The publications and advertisements of an German menace has evoked the indecent, obscene, revolting or offensive most convincing demonstrations of nature, which was read a first time at the loyalty and enthusiam of every Council, passed through all its stages at

An addition to the Reinsurance Fund the last meeting of the Legislative

of £100,000. member of the great British common-

An addition to Building Reserve of on the Balance Sheet was certainly B. C. DA CUNHA secondled, the re-election most admirable one, considering the as auditors for the ensuing year of Mr. £10,000. wealth which we commonly call the meeting this afternoon.

To be carried, forward #1,156,194,14. wide ramifications of the Firm's A. R. Lows and Mr. C. Bernard Brown the British Empire. From every ! We are asked by the Chaplain of

business in all countries of the would at a ramonasation of 1500 each and the part of the King's wide dominions St. John's Cathedra

While an increase in the dividend and in many of which the Hongkong motion was carried > mention that in

could have been made. I feel sure currency is little known. The Balance the sons of freedom have travelled ddition to the chile.on's service at 9 all shareholders will endorse these Sheet formerly did not give the in- to Europe to fight, "and, if need

are abnor formation necessary in explaining the &.m. to-morrow, Erapire Day, when an recommandations. Times be, to die in defence of those great address will be given by the Venerabis mal, the future is full of uncer position of the Company to clients and tainties and your Society kolds others. He had recently received the principles of freedom which have Archdeacon of Hongkong, there will the proud record of having at least Report and Balance Sheet and he bad been the foundation stones of the also be a "celebration of Holy Com. maintainel its dividend for the last 36|terned back to the Balance Sheet of British Empire, and which the munion there at 7.45 and the Litany years. The pelicy of our predecessors 1996, and compared with the one British flag must for ever symbolise. at 12.15 p.m.

in building up reserves enables us to-day before them the present figures present to afford our constituents facilities which a most striking testimony of the These component parts off the Britisb

we feel it cur duty to undertake, and we development of the Society during the The death is reported at Hove, are incurring risks which in normal times last 30 years. That showed that the Empire are united and inspired by the lofty purpose of preserving Brighton, of Mrs. McGregor, at the there would be no dificulty in guarding business was not only being managed freedom not only for the British ripe age of 84 years. When Mrs. against Many of our competitors on progressive lines but it showed an submit to shareholders their report, with Empire, but, freedom for the world. McGregor married Mr. James McGregor, present their shareholders with the hare accumulated and increasing power which statement of accounts, for the year Accounts The nett earnings of the the war necessarily has given to the head of Messrs. Metiregor, Gow interest earned by their funds, or even haal been expecially marked during the ended 30th April, 1918.

less, but your "Directors feel that in ten years of affice of the present General the Empire Day movement

and Co., of the "Glen" Line, as his addition to paying in dividend the Manager. He had boilded so well upon boats, after paying all working expenses, meaning and a significance for the second wife, she was the widow of Mr. whole of the interest earned, the Society the foundations of his predecessors that amounted to $99,561.93 as against

8117,699.52 the previous year. can safely distribute. part of its under- he had bean, not only able to carry on general public which few perhaps had James E. Endicott, formerly of Bong writing profit. We congratulate our the development in ratio but had added The amount st credit of Profit and it shall be lawful for such Court to reve realised before. Empire Day was Kong. In her younger days, that shareholders in Gold countries upon the to the funds of the Company He Loss account (after paying for repairs strain such person by injunction fro PRK Undersigned have received in intended by the EARL OF MEATH, the is in the filties of last century, Mrs. handsome increase in the sterling equi-thought they owed a debt of gratitude allowing Hor Directors and Auditors further continuing such violation or con

originator of the idea, to "make a Fudicott was noted for her beauty, valent of the dividend and others upon to the General Manager for his vere fees and depreciation of Share invest travention.

the opportunity of remitting their successful efforts in this direction, ments, placing $4.384.95 to credit of special appeal to the children of the which earned for her the title of the dividends home at the present high rate He noticed that the Society had Accident Fund and contributing $1,000 to War Charities), including $6,985.79 Empire, and in most parts of the

of exchange. Turning to 1917 you will supported the movement for assisting brought forward, in $75,775.63 which, notice a marked increase in our net in providing; -funds- Empire the chief feature of the day's | A thousand students at the Peking premium receipta The starling equiv purposes by investments amounting to with the spproval of shareholder, it is calebrations consists of Church ner-University came out on strike on the alent in round 8gures of £1,556,000 something over million and halfped to appropriate sa follows vices with appropriate addresses for 22nd inst. as a protest against the Sino- for 1917 compares with £1,023,000 and dollars. It had also taken over other To pay a Dividend of $1.40. per share from Working shildren. In some Colonies like our Japanese agreement and marched to the £902,000 for the first year's working of duties in the Treasurership and

profita..... 1916 and 1915 respectively. Gentlemen, Secretaryship work of the Hongkong own, where the children in most of the President's Office. The asked the Pre I think we have use for, thankfulness and South China War Savings Associa To pay a Bonus of 10 cents schools are not of British desceat,sident to receive & deputation. The that in the fourth year of this un-tion in connection with which & nut of per share from Intercet the feeling has been voiced that much President consented. He assured the exampled war, which is taxing the something like $1,800,000 haul already account 454 more ought to be done than is deputation that the agreement wea of resources of the nation to the utmost, the passed through their banda, all of which To write of Ice House Street

business of the Society should still be work was being done free of charge. commonly done to cultivate in these a purely military character and did not maintained in so great condition of After referring to the bons to staf. To write off Boats. young minds a firm attachment to endanger China's sovereignty. The eficiency and prosperity. If the net which he thought was folly deserved. To carry forward the Empire and the political prin- President undertook to hold a conference premium of our affiliated Companies, the speaker eaid he had much pleasure ciples on which it is based. Burms in which all classes would be represented the British Traders and China in seconding the Chairman's proposal.

Fire" be added to that of the Society, The motion was carried., seems to have beat the first unit for the purpose of discussing the agree the total net premium for 1937 amounts The Hos. Mr. E. E POLLOCK propos of the Empire to make an attempt ment before its ratification. The de- to £2,526,000 A very large propor-ed, and Mr. C: Champkin seconded the to give concrete expression to this monstratore then. dispersed. The Pre-tion of this is due to artificial and tran: election to the Board of Directors of desire. A Committee was appointed sident of the University has tenderad story affects produced by the war Mr. W. L. Pattenden and Mr. A. Forbes,

itself. The Society's Fire Department and the motion was carried out

PUBLIC AUCTION.

*tructions to sell by Public Auction, (FOR ACCOUNT OF THE CONCERNED).

on

SATURDAY,

the 6th May, 1918, at 10:30a.m.,

x their Sales Bona, No. 1, Des Your Road, Corner of Too House Street,--

A NUMBER OF HAMB Terma: uzual

HCORES & HOUGH,

Auctioneers, Hongkong, May 23, 1918.

PUBLIC AUCTION. THE Undersigned his received in structions to sell by Public Auction,

SATURDAY,

on

the 25th May, 1016, at 10.30 am..

at their Sales Rooms, No. 8,

DI V BOAD, Corner of

Ice Base Street,bea

About 5,000 MANTLA CIGARS..

FLOR DE CAWAYANA

in Good Condition

Terms usual.

HUGHES & HOCOR

Mongkong, May 23, 1818. *

(Continued on Page 8)

"Queen of Macao."

för national

Pier

8-56,000.00

tion or contravention of this Ordinance

WAR FILMS AT THE VICTORIA THEATRE..

WHAT IS HAPPENING IN ENGLAND.

A fine series of war films dealing with 4,000.00 war work in England were screened at the Victoria Theatre last evening- 4,000.00

H. E, the Governor, Major-General 6,000.00 3,775.63 Ventria, and Sir Wm. Rose Davier were amongst thote prosent. $75,775.63 The first of the series of four flow Directors-Hon. Mr. David Landale wa

was entitled: "The Women's Land has joined the Board in place of Hou. Army" and depicted the splendid work Dr. C. E. Anton, resigned

In accordance with the Articles of done by the women who are taking the Association Mr. C. 8. Gubbay retires, places of the agricultural labourers but being aligible, offers himself for who have gone to the front on attira

service

there some time ago, representative his resignation becanta "he was mable shows satisfactory growth but in Mr. T. F. Houen proposed, and Mr. re-election: The second film gave en insight into

TENNIS

JUNIOR LEAGUE

of British and Barman brains and to control the students," ideas. It was appointed to ascertain and advise how the Imperial Iden could be, inculcated and fostered Is Schools and Colleges in Burma. 456 Suggestions which the Committee have made may be said to be entirely new in the field of Imperial education. They aim at turning out a finer citizenship on the part of the non-white population of the Empire. The following are some

A. TACK & Co.

A Consignment of KODAKS AND FILMS

Jast-received by the EMPRESS OF RUSSIA"

Des Voeux Road Central

KC.C. 9. QUEEN'S COLLEGE Played on Wednesday, find May

Brown and Cook

v. Lo Man Ho and Lo Man Hin

Wel and Wei Rumjahn

of the recommendations made by the Davidson and de Bruna

Buzza Committes To Coach ver Rumsehn scholar and student to feel that he weldo and L

And Wei ide, Empire, Elson

Mend Wel and We Rumjahn

Man Bound

in a member of a world comprising member

races and

various religions and all united under.

comparison with our marine operations EVEN ORMISTON seconded the re Auditor. The occunts have been ita Sgures are insignificant. At this election of Mr. A. B. Lows and Mr. C. partly andited by Mr. F. Maitland and stage we cannot make more than Bernan Brown auditor for the partly (in Mr. Maitland's absence) by the great work which is being done in pauring reference to 1917 losses, but it ensuing year abremuneration of Mr. Bernard Brown, LCL Mr. F. is satisfactory to note that although the $1,000 each, and the motion was carried. Maitland offers himself for re-election. German super-marine frightfulness was The CHAIRMAN the announced that advertised to commene in the early part Dividend Warrants were ready mad of 1917, our loss ratio for the first the meeting terminated. twelve months working of the year is less by one per cent than that experi

SALWAYS RECOMMEND IT.

THE CHINA FIRE INSURANCE COMPANY, LIMITED.

DAVID LANDALE

Chairmas

Hongkong, 15th May, 1915.

Woolwich Arsenal Women again aro prominent amongst the workers and. old men and boys are also much in evidence.

The Gim showing American troops

in London was a very interesting sad. popular one.

The Iwat showed how the Fouts Africia Labour Corpe are doing their

for the Empire.

The forty-ninth ordinary Jody moating of the above Compapy was Talost every community there is held at the Offices of the Company, until the attack of croup appears and for they give be

Boma atier whose life has been, zaved

by Chamberlain's Coller Cholers and toy at Diarrhea Hemedy. Buth persons seldom,

The Hor njia sú opportunity to recommend it. And these recommendatione frand Vita nevét fnlling qualities account, fork great

DID

resent Mesar

CROUP THIS disease is so dangerous and Bo rapid in its development that every mother of young children should be prepared for it. If is very risky to wait

then send for medicine andsist the kuffer until it can obte

berlain Congh Rat

Pectus and he

the nimed

The Alms were wall worth seeing,

very vivid

Comments

Approved members can add comments, bookmarks, and private notes.

No comments yet.

Private Research Note

Private notes are available after approval.