1921-04-14 — Page 5

THURSDAY, APRIL 14, 1921.

MERCURY MOTOR CAR sIXELAL OPPIE

114

CA AADR

TELEPROCES,

CODER ESER 43.C. Sex KANTOR

—CO.

WESTERN UNION

SEVIERTS

55-61 Des Voeux Road Cantral,

MIRZAN * ==| BORTION Boin, 1

WEST PREIT BRANCH LEAS WORK SWOT

HONGKONG.

P. FOCTO MANGER

LEGISLATIVE COUNCIL.

INCREASED STAMP DUTY BILL.

NO PEAK FLEBISCITE TO BE TAKEN.

A HOUSING QUERY.

"A meeting of the Legislative Coun- present" is that of eil was held in the Council Chamber Petroleum Company. At 2.30 this afternoon.

There were present: His Excellency the Officer Adminis tering the Government (the Hon. Dr. Claud Severn. C.M.G.)

the Asiatic The Hon. Mr. H. W. Bird gave netice that at the next meeting be would ask that is view of the housing problem which was acute and that the Dairy Farms Company

210 of beld

highly suitable OF land the cool side of the and, would the Government take preliminary steps to develop some portion of the mainland, say Shatin Valley, and thus release the land at (Mr.present in the possession of the

Company.

His Excellency the General Officer Commanding the Troops (Major- General Sir G. M. Kirkpatrick, K.C.B.. K.C.S.I.).

The Hon. Colonial Secretary

E. D. C. Wolfe),

The Hon. Attorney-General

J. H Kemp. K.C.. C.B.E.).

Mr.

The Hon. Colonial Treasurer Mr.

C Mel. Messer, O.B.F).

41

The Hoa. Director of Education (M-. E: A. Irvingt.

The Hon. Secretary for Chinese Affairs Mr. S. B. C. Ross).

The Hon Director of Public Works (Mr. T. L Perkins).

Hon. Mr. H. E. Pollock, K.C.

Hon. Mr. Lau Chu-pak.

Hon. Mr. P. H. Holyoak.

Hon. Mr. Ho Fook.

"

Hon. Mr. A. 3. Stephen. Hon. Mr. H. W. Bird. The Hon. Mr. H. E. Pollock asked the following questions-

TREATY OF PEACE.

#

THE CHINA MAIL.

ミ

TO-DAY'S ADVERTISEMENTS.

NOTICE.

OBJECTS. AND "REASONS. · · .The rate of duity is the same as that 1. The objects of this bill are (a) ( on bills of exchange and telegraphic to increase the reverse from stamp transfers, i 10 cents on every $500. duties, (b) to facilitate the collection 13. The share contract duty in- of those duties and prevent evasion, troduced by clause 27 is new in and (e) to correct various defects in Hongkong, but it exists in the United the present law which have long Kingdom. The scale in the United been known to exist. The need for Kingdom advances by thirteen steps, TEE GENERAL OFFICER Com additional revenue i urgent.

from 64. on £10 to £ on amounts Britons who served in the War, and manding wishes to remind all

2 The hill is based as far as posi Schedule to the hill is $2 for alwho are now in Civil life in Hongkong,

over £20,000. The scale in the

▸

sible on the United Kingdom Stamp Acts, references to which appear in amounts up to $10,000, and $5 for the marginal notes throughout.all amounts above that figure.

14. The telegraphic transfer duty

There is, however, one great differ-

that his MEETING will take place

TO-MORROW, at 3.30 pm in the

VICTORIA BARRACES. ROYAL ARTILLERY 'THEATRE,

1. The desirability of forming a er service organisation in Hoog kong.

ence between the Acts and this bu. Fintroduced by clause 28 is new, but The Sabject for discussion will be In the United Kingdom, speaking there secors to be no valid reason why generally and subject to certainemittances by telegraphic transfer should escape duty, while remittances by bill of exchange pay. The rate is the same as the bill of exchange and exchange contract rate, ie, 10 cents for every $500.

no

дос

2. "The British Legion", which i the provisional title of the Unity Movement.

3 Appointment of a Committee to give effect to any resolution that may be passed.

Hongkong, April 16, 1991.

"FOR SALE.

clear exceptions, the payment of stamp duty is voluntary. In other words, it is

offence to stamp an instrument, and the Crown cannot sue for the duty The only sanction is that the in-

15. Clause 29 is an attempt to deal strument ever has to be given in with the problem of blank transfers, evidence in civil proceedings it is not | Le, transfers of shares executed By admitted until the duty, and a small | the registered owner in which the penalty, have been paid. In the bill name of the transferee is left blank. the payment of stamp duty is made These transfers pass to successive compulsory in every case except four, purchasers before being finally com ie,, attested copies, duplicates, agree. | plated and registered and thus many ments of service with corporate transfers, escape paying duty. The body, and agreements under hand questing of making all blank trans- FOR SALE-Motor Boat "JEAN" (other than agreements for the sale fers Megal was considered but it! length 35 feet, beam 3 feet, of goods and other property, the was thought that such a prohibi- 45 EP. M6 Therreroft Engine, stamping of which is made compul- tion would interfere unduly with hall built by Messrs. Thornycroft in sory). In other wirds, the Collector & common practice which has England, in good running order, com- can sue for the duty, and it is also a been found to be useful and comfortably fitted up. Price $6,000.00 or criminal offence not to stamp. The venient. Blank transfers are therefore rpen to consider an offer. Apply to position under the existing Ordinance not made illegal, but an induce F. GRAHAM, c/o Hongkong Electric is not clear: it is arguable that stampment to prompt registration of trans-Co, Ltd. ing is compulsory, but the current fers is offered, or, perhaps it should pinion is that except in certain be said, a penalty is placed on late! special cases, stamping is voluntary registrations. The scale of penalties as in the United Kingdom.

is given in Heading No. 41 (2) in the

3. Certain duties imposed by the Schedule. No Late registration bill are entirely new, ie, the duties penalty is incurred if the transfer is

FOR SALE. :

CAR-7

ERGER TOURING

neater-complete with all acces

FUBLIC AUCTION.

on agreement for the sale of goods. registered within one mouth after sories inculding two spare wheels and The Hon. Attorney-General moved on exchange contracts and on tele-execution by the transferor. It one spare tyre. Apply to, LINSTEAD & the first reading of a Bill intituled graphic transfers and the late-regis-must, however, not be overlooked that DAVIS. Alex. Bligt. An Ordinance modify certain tration duty referred to in Heading this late registration duty is only an provisions of the Treaty of Peace No. 41 (2) and clause 29, Others additional safeguard against evasion, Order, 1919, as amended by the are new to the Colony, ie, the duties and that every transfer of shares Treaty of Peace (Amendment) Order, on share contract notes imposed by must in any event pay the share 1920, and by the Treaty of Peace Heading No. 41 (5) and clause 27.transfer duty. It "should" be noted (Amendment) (No. 2) Order, 1920, and on certificates to practise (Head- that in future all transfers of shares for the purpose of adopting the ing No. 15 and clause 22),

must contain the true date of provisions of the Order to the cir 4. Sections 10, 41, 42, 43 and 44 | execution by the transferor, and that cumstances of the Colory of Hongare also peculiar to the bill. They no transfers must be accepted unless kong.

are attempts to facilitate collection they either (a) contain the date of and to prevent evasion.

execution by the transferor or (b)

H

OBJECTS AND REASONS. 1. The object of this Bill is to adapt to the circumstances of the Colony the amendments made in the Treaty of Peace Order. 1919, by the Treaty of Peace (Amendment) (No. 2) Order. 1920.

2. The latter Order was published the London Gazette of January 21, 1921, and in the Hongkong Gazette of April 1, 1921.

Inview at the fact that addition to taxation is being imposed on all the inhabitants of the Colony in an unsuccessful endeavour to balance the Budget for the Current Year.in 1921, will the Government take a Referendum of Magazine Gap and "Peak Residents with a view to as

certain whether it is the wish of the majority of such Residents that Motor Road should be made from Magazine Gap to the Peak? if not, why not?

2 What is the estimated cost of making such Motor Road, and when was such estimate obtained?

The answers to the questions wire as follows

3. The method followed in the bill is similar to that of Ordinance No. 3 of 1920. and Ordinance No. 15 of 1920, the reference is in the second column of the schedule being to the articles of the "original Order, as amended by the amendment Orders,

are duly stamped. The clause refers only to shares on registers kept in the Colony.

|

Undersigned Late received in- strections to sell by Public

(rom "accocet oF THE CONCHAZED),

Aaction.

OF

TUESDAY,

April 19, 1921, commencing at 2.30 p.m. at their Sales Rooms, No. 8, Doe Vaux-Road, Corner of

Ice House Street, ÅN ÅSSCETMEEST OF

5. The definitions in clause 3 of the bill are based largely on the United Kingdom Acts. Attention is drawn to the new deanttions of

16. Clause 41 is meant to fasten cheque" and partnership instru- and broaden the liability in the case ment." The former will make illegal of instruments executed in the name the evasion of bill of exchange duty of a corporate body or firm. It is Superior Household Lizens, de, carried out by the use of cheques (is intended that criminal liability shall (ts SMALL, LOTS TO SUTT PURCHASERS). the old sense) drawn by bankers here attach, to the corporate body itself no their branches or agents outside in the former case, and to the person the Colony. The definition of part-appearing to have the management nership instrument," it will be seen, in the latter case, upon mere failure is not limited to instruments used into stamp. In other words, the cot

means

Comprising --

Cases, Bed Sheeting 7-in, and 90-in. Hemstitched and Scalloped Pillow wide, White Satin Quilts, Bed Valances, Damask Table Cloths and Serviettes,

Also

A number of Marble Statuettes,

Terms --Ch

1

the formation of a partnership. perate body in the one case, and the Turkish Towels, Bath Sheets, Hucka

a bill of ex-manager in the other case, will be back Towels, Crochet and Drawnwork ("Cheque " change drawn within the Colory on liable for the mere omission, apart Doilies, White Calico, Ladies and a banker within the Colony and pay from any question of intention to Gent's Handkerchiefs. In moving this Bil, the Attorney able within the Colony on demand. evade as of guilty knowledge, and General said that various orders

"Partnership instrument' includes will be bound to see that the instru in

bad council

been made from time to time by His Majesty formation, continuance, organisation

every agreement relating to the ment is duly stamped..

17. As it is desirable that the onus 1. The Government is not prepared | to make provisions for the 1o. take such a referendum as is sug various treaties entered into by every agreement relating to the side or the other it seems not unrez. or dissolution of any partnership, and should be placed expressly on one gested, because the construction of the the Government. This present

alteration of any of the terms of any sonable place it on the party who road has been approved by the Legis-order was. drafted princip-

partnership.)

has both the knowledge of the "facts lative Council. The road will be of ally for the United Kingdom. the greatest value not only as a means although it was intended to apply to

and a personal pecuniary interest in the result of the claim, or appeal

of

6. Sab-clause (5) of clause 5 makes

of access to all parts of the Peak the rest the Empire also. the payment of stamp duty a civil eventually by motor vehicles but also In the

latter case,

to

were

necessary and obvious modifica tious in the wording of the order before it could be made applicable to Hongkong. For example, in the matter

7. Clause 6 is intended to make all anstamped instruments inadmissible in evidence or for registration, even

18. The power of Inspection given

HUGHES & HOUGH, Auctionames. Hongkong, April 14, 1921-^{

NOTICE TO CONSIGNEES.

by clause 43 may seem rather wide and severe, but it will probably be THE Steamship used comparatively seldom and it is considered very desirable to have the power in reserve.

"PERSIA, "

(Clause 43 provides that in any case From TRIESTE, via VENICE, ADES, where the Collector may have reason

of penalties, the fines were referred though, at the time when the into believe that there are or may be on strument is tendered, the payment of any premises, or on or in the posses 70 in pounds sterling. Then again there were references to duty has not yet, by lapse of time; sion or under the control of any per the Board of Trade and the Treasury become a civil debt or a criminal son, any books of account or other in the order which did not apply here. liability.

PENANG & SINGAPORE.

YONSIGNEES of Cargo are hereby informed that all Goods are being

the order debt, and the non-payment of stamp it will reduce the cost of carriage of required revision make it duty a criminal offence, except where road and building materials to at least applicable to any particular part of in the schedule stamping is stated to one-half the present price. It may the Empire. There many be voluntary." also have the "desirable result of les sening considerably the employmen: of women and children in carrying burdens to the Hill District. The new alignment of the road will make possible to construct branch roać... necting other portions of the

landed at their risk into the Godowns District with the lower levels

documents whatsoever any of the cou of the Hongkong and Kowloon Whart may add that applications for buit

This Bill was one of

a series

8. Clause 10, which deals with tents of which may be relevant to and Godown Co. Ltd., at Kowloon, sites on the portion of road in ques

which would be tion are being received.

necessary to splitting, is a general application of a the question of the liability of any perhence and/or from the wharves de- 2012 Public Works Committee of make the various orders mentioned principle which has hitherto been son to the payment of stamp duty livery may be obtained.

applicable to the Colory. It applied in the Colony, and in the under this Ordinance, the Collector. this Council at a meeting held on

Optional Cargo will be forwarded provides for the October 8. 1920. unanimously recom- of the word

substitution United Kingdom, only to the particular and any person authorised thereto by unless notice, to the contrary be given Government mended the construction of this road "Treasury" in two places in the

for ease of receipts.

him in writing, may enter on any such before 14th April at an estimated cost of $36,200. At order, and several other similar modi stamping by special leave, gives the and may search any such person, and Goods have left the Godowns, and all 9. Clause 16, which relates to late premises for the purpose of inspection.! No cisims will be admitted after the a further meeting of the Committee fications-,

Collector some powers at present

Goods remaining undelivered after the (Continued on Page 10.) 20th inst, will be subject to rent.

C

held on January 13, 1921, a change The Hon. Colonial Secretary possessed only by the Governor in in the route was recommended at a revised estimate of S118, 187 the seconded and the Bill

Hon. Member dissenting. Gover- ment adopted the policy advocated by the Committee, but the revised esti-

first time.

was read a Council... It is thought that this will conduce to greater convenience and despatch, and any person aggrieved will be able to appeal to the Governor in Council

CUSTODIAN OF ENEMY PROFERTY,

The Hon. Attorney-General moved mate proved somewhat too low and the first reading of a Bill intituled. on the 9th of April a contract for the An Ordinance to provide for the construction of the road at a cost of transference of property, rights and $127,965 was signed."

powers to successive holders of the Arising out of the answers, Hon. office of Custodian of Enemy Pro

}

Mr. H. E. Pollock asked what reasons the Government had forthe statement

perty.

OBJECTS AND REASONS.

10. The duty on agreements for the sale of property, introduced by clause 21; has been adopted from the United Kingdom Stamp Acts. It is intended to prevent evasion of con- veyance duty. The agreement pays the same ad valoremt duty as a con-

that the road would reduce the cost The object of this bill is to make veyance, and the subsequent con. of carrying road and building it clear that property, rights, and vegance pays nothing. If the agree»

TO-DAY'S ADVERTISEMENT.

NIPPON YUSEN KAISHA.

NOTICE. TO CONSIGNEES,

FROM EUROFE AND STRAITS.

JULE Company's Steamship,

materials to the Peak by hail the powers vested in, or conferred upon, ment is rescinded, the duty is "DAKAR! MARU,"

up on another occasion.

All claims against the steamer tsust be presented to the Undersigned on or bolare the 29th inst, or they will not be recognized.

All-broken, chafed, and damaged Goods are to be left in the Godowns, where they will be examined on the 20th inst. at 10a.m.

by

No Fire Insurance has been effected. Bills of Lading will be countersigned

DODWELL & CO., LTD.

Agents,

Hongkong, April 14, 1921.

TO SECRETARIES OF CLUBS AND OTHER INSTITUTIONS.

present prices, and whether any any holder of the office of Custodian returnable. The heading does not applications, had been received for pass to his successors in office. This apply to agreements for the sale of having arrived from the above Ports, building sites on the portion of the is important for the purpose of deal goods, vessels, or immovable property Consignem of Gargs are hereby Informed road in question.

ing with the legal estate, particularly situate out of the Colony.

that their.... Gooda·sze being -landed and HE the Officer Administering in the case of leasebold property. 11 Clause 22, which deals with placed at their rink in the Hoxoxoxo & the Government: I do not know il In proposing the first reading of certificates to practise, introduces a KoWLOGE WHARF & GunOW COMPANY ALL preliminary notices of forth- the Director of Public Works is in a the Bill, the Attorney

A coming meetings, lectures and General form of taxation new to the Colony. Gooowes at Rowloco, where each comigo. position to answer the supplement said that was to provide for The only precedent known is the ant will be sorted out mark by mark entertainments, sent for insertion in ary questions. If not they can come Property vested in the custodian annual certificate required in the and delivery own be obtained as soon as the news columns of the China Mail, are charged for at the rate of $1 each, when passed to a successor cust-United Kingdom from solicitors and the Goods Kim Tanded. Ma The Hon. Director of Public Works odiane do not hold permanent office notaries public. The fee there varies Optional Goods will be carried on aniemas announced in May and June of said he had seen a Denis truck at the transference of the property from 3 to £9. Under the clause in instructions are given to the contrary be last year) providing that they do not occupy more than four lines. In Magazine Gap which bad's carrying need not go through a divest the bill the certificates must be taken fure Noor, TO-DAY. capacity of two tons. The trucking and fresh investing process in the general case, they should be 1981, will be subject to rent.

future if this space is exceeded they out before beginning to practise, Le., Goods not cleared by the 11st April, will be placed in the advertising itself weighed 2 teas 15 "cwis. “This

(colaman at the prevailing rates. truck was taken without difficulty This Bill would have the effect of taken out in December for the follow

Damaged Packages must be left in the over Morrison Gap in 15 minutes making property transferable from a ing year. A temporary regulation Godown fer anamination by the Coo The present rate for carrying mater custodian to his successor without will however, be made allowing to agnes's and the Cola representative fais to the Peak was $495 per ton to the formality referred to.

persona in practice at the commence at an appointed hour on L'UESDAY and

A PARENT'S DUTY. which 60 per cent had to be added The Hon. Colonial Secretaryment of the Ordinance a period of

All claims must be pre-OUR boy is alwas getting scratched FRIDAY, giving

total of $7.92. With this seconded and there being no objec-one month from that date to take

sented within ten days of the team's wounds have healed all right is no sign or cut or bruised. Because these truck it would cost $1.71. An - tion the Bill was read a first time. out their certificates for 1921. plication had already been received

12. Clause 23 introduces another andra? hers, after which date they cannot they always will. Get a bottle of STAMP DUTE.

entirely new duty, that on exchange heregnited. No nisim will be admitted Chamberlin's Pain Balm-and tee that crery injury, in cared for immediately! The Hon. Attorney-General moved contracts. Exchange contracts which after the goods have left the Godowna,

You can get nothing better, and blood- His Excellency: "From whom? the first reading of a Bill intituled an result in transactions that pay bill of

HIPPOX TUBEN KAIBHA,

poison is too dangerous a dienas to risk. The Hon. Director of Public Ordinance to amend the law relating | exchange or telegraphic transfer duty

Agentę, De

For sale by all Ohemists and Storekeep- Works: The only name-I-have at 1 to Stamp Duty:

will not pay exchange contract duty. Hongkong, April 14,7192122-

and ¿tentative applications-making when the road would-be opened. N

85 was

necessary

hitherto

NOTICES.

LANE, CRAWFORD'S

HERCULES CASHMERE HALF-HOSE

LIGHTWEIGHT »

CASHMERE

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Our Footwear does more than LOOK good;

It yields a service and, a comfort which makes the wearer realize the soundness of its value-→

In every case your sasisfac tion is GUARANTEED.

HALF HOSE

IN ALL COLOURS $1.50 to $450 per pair

LANE, CRAWFORD & CO.

ENGLISH AND ITALIAN

VIOLINS

SPECIALLY PEGGED FOR THIS CLIMATE.

THE ANDERSON MUSIC CO., LTD.

18, DES VIEUX ROAD CENTRAL

TEL. 1223,

HOUSEHOLD COAL

On and after November 1st, 1920, until further notice we scu prepared to accept orders for HOUSEHOLD-COAL re-screened in Hongkong at the following prices :- Delivered to Peak District (abors Bowen Bowd)...$22.00 per ton..

Bowen Road sed Lower Levels

and Kowloon...$21.99 per tot. TERMS-CASH WITH ORDER

(CHEQUES PAYABLE TO “KAILAN MINING ADMINISTRATION")

KAILAN

AGENTS

MINING ADMINISTRATION

HEAD OFFICE-TIENTIIN.

DODWELL, & CO. LTD.

HONGKONG

OUR

SOUVENIR NUMBER

IS NOW ON SALE

At $1 per copy.

ORDERS FOR EXTRA COPIES CAN BE PLACED ONLY AT

THE CHINA MAIL OFFICES,

5. Wyndham Street.

Vickers

LONDON Gin

The Perfection of over Century's Experience In Gin Distilling

"BOTH BRANDS ARE BENEFICIAL!"

FINEST LONDON OLD TOM

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Price per Casa 1 doz. qts, Duty Paid $28.00 BOLE AGENTS :-

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QUEEN'S ROAD, CENTE

нона кожа.