Page
FRIDAY, MAY 21, 1920,
COMPANY MEETINGS.
UNION INSURANCE SOCIETY
OF CANTON LTD.
know that, to the best of our know. Tedge and belief, the Society has the proud distinction of being the first Company to late an Aviation policy although some ten years have elapsed since special provision was The 47th ordinary meeting of the made in our Memorandum for this Union Insurance Society of Canton class of Insurance. A special depart Ltd... was held at the offices, Queen's ment has been tormed to conduct it. Buildings at noon to-day. There and while at present its operations we were present, Mr. J. A. Plummer, are practically insignificant, (Chairman) Hon. Mr. P. H. Holyoak, shall find ourselves fully equipped to Messrs. G. M. Dodwell, A. O. Lang, meet the demand which will surely A. Forbes, G. T. Edkins. W. Larise with the repid development of Pattenden, (Directors.) C. H.P. Hay, Aerial transportation. (Deputy General Manager.) Dr. Out of the balance of £926,829.15'-, J. H. Sanders, Messrs. R. Dastur, we recommend the payment of an of twenty-four J.L. Creckart, P. Lauder, J. Arnold, interim dividend Ho Leung, T. F. Hough. S. J. Chin- shillings per share and a bonus of 20 chen. H. B.. L. Dowbiggin. R. Han per cent to contributors of business cock, Leung Yan Po, Hon. Mr. Hoon bonus terms. Fook, Messrs. Ho Kwong, A. I Gentlemen, the eminently success Burnie P. G. Paravacini, Lo Cheung fu results which it is our pleasure Shieo, Hon. Mr. A. R. Lowe, F. to lay before you to-day are in great Smyth, J. Bentley P. M. Hodgson, measure due to the wholehearted co G. Grimble, J. W. Alabaster, F. Woperation and devoted attention of Hill, W. Dunbar, J. M. Alves, C, the whole of our staff and a bonus Bennard Brown.
The Chairman: Gentlemen, as it is past the hour for which this meet. ing has been called, I will ask the Deputy General Manager to read the notice convening the meeting..
I
KING'S BIRTHDAY.-
THE CHINA MAIL.
TENNIS CHAMPIONSHIP DOUBLES.
Garrison will be held in the Happy A Parade of the troops. of the local
Valley at 9:30 am. on Thursday, HONGKONG O.C. TOURNAMENT. 3rd June, to celebrate the birthday of the King.
A Royal Salute will be fired, due the intervals of which a "Feu-de joie" will be fired.
1
The salute will be taken by H. E. the Governor.
The band of the 2nd Batts. Wilt shire Regt, will be in attendance..
or
LO BROTHERS WIN."
Before a very large crowd of spectators, yesterday. Lo Brothers clashed with Ng. Sze Kwong and and A. H. Rumjahn.. in a very strenuous Cortest for the Open Championship Doubles in the Hong kong C.C. Tournament.
THE CROWN AGENTS.
COMMENT FROM OFYLON.
The Crown Agent system will, it is to be feared, die hard. It has been criticised on all hands but, archaic though it be, the system is still much in evidence. Ceylon has suffered badly from it, says the Cey- on Observer, and goodness knows how much the island's present diffi culties in regard to supplies. are traceable to the Crown Agents. Shortage of drugs, "for instance, in It was characterized by many hospitals, in planting districts has present who have followed this year's been a chronic complaint, though competition closely, as
ply them. Singapore and Hongkong match of the season. M. W. Lo Private firms have been able to sup- and Ng Sae Kwong fought out the are at present putting up a fight match, although the partners against this unhappy institution, and each side M. K. Lo and A. we have every reason for sympathis Rumjaha leat. able support through ing with them. One of the reasons urged against is that it is. not con- ducive to private enterprise.
out.
the best
TO-DAY'S ADVERTISEMENTS.
NOTICE.
read it has been in your hands for you knew, converted into 80,000-gold could have made him carry on. It is in his play, missing some of his bestanagement of the "CHTYA MA12 1* |
the
partner
This increase is rendered imperative by the constantly growing cost of pro induction, the price of paper alone having advanced by 700 per cent during the past five years.
..
less in constant touch for several months in London with our General Manager, personally, as I was Chairman at that time, and he was exceedingly ill, during part of that time was brought into very close relations in connection with matters which called for prompt decision, and gentlemen, I can
In placing M. W. Lo exhibited the testify to you to the extraordinary af 15 per cent. to the Provident Fund devotion which your General Manager greatest brilliancy, while Ng Sze has been voted to them. A further showed under conditions when most Kwong shone in returning seemingly Bonus scheme dependent upon profits men would have said "It is enough. impossible places. M. W. Lo played has also been inaugurated and will. Let somebody else carry on for the with the greatest care, at the net, feel sure, meet with your hearty time being." Un many occasions and it was very seldom that the ball support.
when he was forbidden by bis own went past his guard. The Los went The notice having been' read the Turning to the Balance Sheet, you doctes after operations, within a in for lobbing far more than usual Chairman said Gentlemen, With will notice that our capital appears few days at the bedside he this time, and except for the early Your permission I will follow the for the first time in sterling. The was dealing with questions in games, made a great success of this. usual procedure and take the Report former subscribed capital divided connection
with: this Company style. A. H. Runjahn did excellent as well as the Auditors' Report as into 16.000 silver shares has been, as which only extraordinary devotion work at times, but was very erratic
desires to inform the public that, some days and this being the first shares; the 16,000 additional gold becaused it is felt that the facts opportunities to score and playing its tariff for advertisements received on meeting at which cur figures are shares duly authorised by you last should be widely known and the brilliantly when there was little to be and after this cate will be increased by presented in sterling alone, you have year have been issued and
admiration we have for the General gained. Ng Sze Kwong spoiled his 20 per cent.. no doubt studied them with particu-balance of 2500 shares represents Manager, that I have risen to support partner's play at times by encroach- lar interest.
those issued in exchange for shares this report which has been laid before ing on him. If entrusted with more Following upon the conversion of of the North China Insurance Com-you. I am sure that.I am only voicing responsibility by his our capital from silver into gold, the pany Limited. The fusion of in the feelings of this meeting when I general, Rumsjahr would have shown recommendations of your Directerests with this Company formed say that we rejoice that. Mr. Ede up much better. Rumjahr, at times, tors are in sterling currency without part of last year's operations, and has sufficiently recovered to come would give the impression of being reference to exchange, and owing to since the 31st December 7,374 "Northout again and trust that after the the best player of the four, especially a silver currency alone existing here, China" shares have been exchanged further rest, which the doctors advise, in volleying, but persistently drove the Dividend Warrants have been for “Union's", bringing our total in the more temperate climateof Japan, into the net made payable in London where funds holding in the capital of the Com- he will return to Hongkong greatly have been supplied to meet them.. pany up to 99 per cent.
improved in health to give us the I have frst to deal with the 1918 I should not like this opportunity benefit of his matured experience Working Account which, after to go by without expressing the and brilliant brain in the direction of deduction of interim dividend and Board's high appreciation of the the Society. (Applause.) bonus, shows a most satisfactory admirable way in which the negotia-
Your tions for the fusion were conceived The Chairman: Any questions balance of £693,062.6.10.
The first set was well contested, Directors recommend that this should and carried out first by Mr. Ede, gentlemen? There being no ques Ng Sae Kwong started off well, but be divided as follows:-
your General Manager, and after- tion it has been proposed by myself the Los picked up as the set was wards by Mr. Hay, your Deputy and conded by. Mr. Crockats that fought out: With the games stand. General Manager, upon. Mr. Ede's the report and accounts as presenteding 6 all, Ng See Kwong lost his departure for home..
be passed. Those in favour kindly service, purting the Los in the lead You will notice that our Re- signity in the
maaner 7.6. Ng Sze Kwong was responsible insurance fund shows an increase Against? Carried unanimously. The for the loss of the set, as he tried of over £800,000, part of which rext business is the re-election of to make a play which should have is represented by the premium Directors.
been left to Rumjahn and lost the on the new shares issued. Our other reserves show themselves to be in a
game and set. S-6. 0 0 very healthy condition; cur Invest
ments are written down to the prices ruling on 31st December last, and 30,000 00 you are to be congratulated upon the
figures generally.
Following upon the retirement of 0 Mr. H. C. Saunders, to which refer- ence was made at our last Annual Meeting, Mr. O. H. Hobson was ap- pointed London Underwriter. His term of office, I regret to say, was a very short one owing to his untimely death on the 1st January last, and Mr. A. B. Rouse has been appointed to the position.
A final dividend to
shareholders of 15
-per share
98,500 shares
03
A boans dividend to
shareholders of 20-
-per
share
98,500 shares ******
£78,800 0
0
98,500
An addition to the
Reinsurance Fund. 150.000 An addition to the Building Reserve
Fund...........
An addition to Equa. tization of Dividend Fund..........
0.0
50,000 0
To be carried for
ward to Under- writing Suspense Account to close the account for the year 1918........... 283,762 6 10 I feel sure these recommendations will be approved and endorsed by ail Shareholders of the Society.
PS
ני
usual
-
Mr. Dunbar: I beg to propose
the reelection of the Hon. Mr. P. H. Holyoak and Mr. W. L. Patienden as Directors.
Mr. Hancock: I beg to second
that.
In order to meet these conditions newspapers and magazines all over the world have been obliged to raise their subscription and advertising tates-in.j The heat of the day affected the acme mees by as much as. 100 per omt players to some extent, but was aand, at the same time, to curtail the good factor for both sides as it tended size and number of pages. For the to discourage that over-enthusiasm present, however, it has been decided, which sometimes mar's important in the interests of the public generally and of advertisers in particular, to leave contests of this kind.
CHINA MAIL the price of the changed.
Hongkong, May 17, 1990."
TO SECRETARIES OF CLUBS AND OTHER INSTITUTIONS.
from today, all preliminary notices of forthcoming meetings, lectures and entertainmenta, sent for insertion in the news columns of the Cat Mar" will be charged for at the rate of $1. each, providing they do not occupy more than four lines. If this space is exceeded they will be placed in the advertising columns at the prevailing rates.
Hoogborg, May 17, 1920.
G.
R
The second set was going very casily in favour of Ng Sze Kwong and Rumjaha and they had their opponents to the tube of 5-1 at the The Chairman: It has been pro-end of the 6th game. The next posed by Mr. Dunbar and seconded game was lost by Ng See Kwang's by Mr. Hancock that the Hor. Over-anxiety to do all the playing for P. H. Holyoak and Mr. W. L. Patten his side, be taking a hazard which den be re-elected Directors. Those should have been. Rumjahas, and is favour? Against? Carried unani- the Los won, making the score 5:2. The next play was such mously. The next business is the confirmation of the appointmerit of as to draw round after round of well- Mr. G. M. Dodwell and Mr. G. T. earned applause for the Los, for they fought nobly against their handicap Edkins as Directors.
until the score stood at 5 all Ng MOTOR CAR & CYCLE NUMBER Sze Kwong and his partner began fighting back very vigorously, this set. It looked for a time as though their hopes would be realized, but the Los took the set in the end by wianing the last two games easily. The Los were heartily applauded for their excellent work: particularly in the last game of this set, their lobbing being most efficient.
the
Mr. Hough: I beg to propose confirmation of the appointment of
Directors.
The Benus Dividend which was Hobson, we have also to express our Mr. Dodwell and Mr. Edkins 29realizing the importance of winning.
1918.
Mr. Arnold: I have much pleasure in seconding that resolution.
The Chairman: The confirmation
seconded by M. Arnold. Those in favour? Against? Carried un- animously. The next business is the re-election of the auditors.
Mr. Hill: I beg to propose the appointment of Messrs. A. R. Lowe and C. Bernard Brown as Auditors at a remuneration of $2,000 each.
Ås is always the case, the leaders became the favourites with the spectators who settled comfortably back in their.chairs to watch the Los But Ng Sze. take the third set. Kwong and his partner played a far
better brand of tennis in this set, than they had done before, and in spite of brilliant work on the part of the Los, they took the set, 4-6.
Dr. Sanders: I beg to second. The Chairman: The re-election of Mr. A. R. Lov and Mr. C. Bercard Brown as Auditors has been proposed
The fourth set opened auspiciously by Mr. Hill and seconded by Dr. Sand- for Ng Sze Kwong and Ramjahn, ers. Those in favour please signify thanks to the clever work at the net in the usual' manner. Against of the latter, and the set was very Carried unanimously.. That is all closely fought out, both sides playing the business gentlemen, I am obliged very carefully. With the set standing to you for your attendance. Dividend at 4 all, the Los went in very strong- warrants are now ready and can be ly on the ninth game, which they had on application at the office.
took, following up by winning the 10th. M.K. Lo's voileying in the last game brought the match to a close.
BRITISH TRADERS' AND CHINA FIRE INSURANCE COMPANIES.
M. K. Lo and M. W. Lo are now: the doubles champions of the Colony. They beat Ng Sze Kwong and A. H. Rumjahn 8-6, 9-7, 4-6, 6-4.
In deploring the decease of Mr. first instituted in 1915 shows an grief at the death of Mr. D. B. increase over last year of 5% on our Murray, whilst in acting charge of paid-up Capital, and the payment our Yokohama Branch, and, since now recommended should be looked our Report was published, the decease upon at present as high water mark of Mr. W. R. Ray, our Melbourne of the appointment of Mr. Dadwell
These three gentlemen It must be borne in mind that it is Manager. made on our increased Capital, and served the Scciety long and faithfully and Mr. Edkins as Directors has while your Directors have every and their loss is much to be regretted. been proposed by Mr. Hough and
I now beg to propose the adoption Cesire to see the Bonus Dividend maintained in years to come, a note of the Report and Accounts as of warcing must be sounded presented, and after this has been to the uncertainties of seconded, I shall be glad to answer the future. Few of us are able any questions. to estimate the time required for Mr. Crockatt: Gentlenen, -It the re-adjustment of business life to gives me much pleasure to second peace conditions, and the general the report and accounts as presented prosperity of trade which in great and in doing so I think that the part regulates the business of Insur directors are to be congratulated on the result achieved. The excellent ance is not without its shadows.
So far as the year 1910 is concern figures before us testify to the can ed, it is with satisfaction that your tinued able management of the Directors are able to point to a re- Company's affairs by the directors, cord premium income which is the Reacral manager, deputy general more gratifying as it is not accen manager and staff. The history of tuated by the specia! and passing the Company is one of continued factor of war risk business which ac progress. I am pleased to see the counts for part of our prosperity in substantial allocations to reserve, and there is no doubt as to the Our premium income in 1913, the wisdom of this. It is very gratify- year, prior to the war, was in rounding to sea the very large increase figures £450,000, and the increase in in premium, income during the 1919 to over £1,600,000 illustrates last 7 years and also to note that the the magnitude of our activities and staff, on whom so much depends "the general progression of our busi-especially in these difficult times,
At the Union Insurance Society's CHAMPIONSHIP SINGLES. ness. This is in a great measure due bave been given a 15 per cent. bonus to the devsted energy and out to their provident fund. I also think Board Room this morning, formal
On Tuesday, May 25th, the Singles standing personality of our General that the proposed bonus scheme to meetings of the shareholders of the Championship of the Colony will be Manager, Mr. C. Montague Ede, who, them on proits earned is a step in British Traders' and the China Fire contested between M. W. Lo, chall in spite of a severe illness handicap the right direction. We are very Insurance Companies were held, when enger and Ng Ste Kwong (holder) ping him for many months, has pleased to have amongst us again the recommendations of the Directors for the Singles Charapionship of the worked on indefatigably in the in- our general manager, Mr. Ede, who of the Companies, as per report Colony, it is expected that there terests of the Society. I feel sure for so long has ably guided the affairs already published, were proposed by will be an even larger turnout to you will join me in welcoming him of this Society and we would only the Chairman, and seconded by witness this match than was present. back and that you will, with me, pay wish that we could see him in better Messrs. Lauder and Archbutt, respec- yesterday. tribute to his pluck and endurance.
health. His devotion to our interests tively; and carried unanimously. The loss ratio of 34 per cent is an example to us all.
Hon. Mr. P. H. Holyoak: Mr. first year's working of 1919 compares with 38% for the Chairman, and Gentlemen-In taking first year's working of 1913, but the unusual course, I believe the
Chelsea, put a few sticks of furniture while this speaks well, so far, for the unprecedented course, of a Director
in them, and are reaping a harvest quality of our business, it is too early rising to support the report and
from extortlofate rents. I have 10 form an opinion as to how the accounts as presented I do so on behalf of the Board, not because we
known of artists who have been year will ultimately turn out
It is gratifying to be able to feel the accounts in any way need
"Owing to the very great difficulty searching for studios for months, because they inform you that we have good supporting
are of obtaining suitable studio accom- and even for as long as a year, evidence of appreciation of the excellent and speak for themselves,modation, many of our most promis. Many of them must have starved. service given by the Society in re but because we feel further re- ing artists are seriously considering London, like all European cities, spect to Marine Insurance during the ference should be made to, the the advisability of emigration. This should have its artists" quarter, and trying period of the war and the con extraordinary devotion of the General was the considered statement made Chelsea, with its existing accommoda. fidence expressed by my predecessor Manager under most trying condi: by Miss Anna Berry, organising tion, is the place for it. The least in the Chair that we might look tions. (Applause) Devotion is a secretary of the Arts League of Ser that can be done is to afford artists forward to an increase in the support quality which demands the admira-vice, who for many months has some protection against being driven already afforded has been entirely tion of everybody, and devotion to been investigating cases of hard-away from the district."
duty under conditions which are ship in Chelsea. justified.
Artists me being Our Fire business shows sound and terribly trying is an inspiration, tumed out of their studios lo large satisfadery progress, and in turning gentlemen. It was so that no less numbers by speculators who two new Launches and being budit
attention to other forms of than three of your Board Mr. Forbes, are
housing exploiting the
for the
WALA VALLAZ Insurance, you will be interested to Mr. Lang and myself were more shortage," she said." Profiteers have
feet, fPbinė No. 3510..
for the
HARDSHIPS OF ARTISTS. snapped up every available room in
"
MAY HAVE TO EMIGRATE.
PLATES.
IS NOTIFTED for the information of the Public that MOTOR CAR embossed Number Plates Nos. 301-500 and MOTOR CYCLE Number Plates Nos. 201-300, can be obtained on ap- plication at the Licensing Office, Central Police Station. The price is $1.50 per picto.
F. F. J. WODEHOUSE, Captain Superintendent Police. Hongkong, May 20, 1890.
TO LET.
TOLET. From 1st July next. 79, Wradham Street, A THREE STORIED HOUSE, with basement and separate servants quarters. Apply to Mesena. PATELE & Co., 14. Des Vous Road, above Wiseman Ltd.
PUBLIC AUCTIONS.
Undersigned have received instruc- Hons to sell by Public Auction,
Cia
TUESDAY, May 25, 1920, commencing at 11:30 am.
at Mesara, Kin Tai Loong's Godown, West Point.
2,000 Bags No. 1 Tonkin White
Rice, Tormis-Cash on delivery.
LAMMERT BROS, Auctioneers.
Hongkong. May 21, 1920,
on"
WEDNESDAY, May 28, 1620, commencing at 11 am
at their Bales Rooms, Taddell Street:
889 Bags Castor Beeds. On view now. Terms --Cash on delivery.
LAMMERT BROS.; Auctioneers. Hongkong, May 21, 1920,
BOWEL COMPLAINT IN CHILDREN.
URING the summer mintha children are subject to disorders of the bowels and should receive the most careful attention. As soon se ANY unnatural looseness of the boweli ís noticed Chamberlain's Colle and Diaboes Regiedy should be given. For me by all Chemists and Store- keepers
NOTICES
LANE, CRAWFORD & CO.
FOR SILK SOCKS.
#
EVERY DAY THERE IS SUNSHINE;
JUST ENOUGH TO WARN US THAT
SUMMER IS HERE; JUST ENOUGH
ΤΟ TURN OUR THOUGHTS TO
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DANCE
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Darktown Strutters Ball Fox Trot
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Princes Orchestra
A. 2327
Lily of the Valley
[Broken Doll
A 5919
One Step Fox Trot Princes Band
1+
Biltmore Waltz
לן
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18, DES VOUX ROAD.
TEL: 1329.
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BY
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AT
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HUDSON or CHANDLER, 7-passenger Motor Car $12.00
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5—passenger Motor Car § §,00
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FANCY
BATHING CAPS
Various Styles at Low Prices,
COLONIAL DISPENSARY.
14, Queen's Road Central.
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If you have never tried TANSAN do so. AT ONCE. Taste it alone, mix it with your WHISKY, try it with MILK, and remember you are drinking (
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