1922-11-09 — Page 5

China Mail 德臣西報中國郵報 All

THURSDAY NOVEMBER 9, 1922 ·

COMPANY MEETING.

SHANGHAI STRIKES,

CHINA LIGHT AND POWER CO. TOBACCO WORKERS' SECURE

: (1918) LTD.

INCREASE OF CAPITAL.

The fourth ordinary genetal meet ing of the Chino Light and Power Company (1918) Ltd. was held this morning. Mr. R: G. Shewan presided mad there were present; Dr. J. W. Noble (Director), Mr. Poon I Cho (Becretary), and the following share- holders Mears. E. M. Ellis, A. S. Ellis, A. A. Cordeiro, J. Coppin, A. A. Botelho, J. M. Alves, 8. F. Chubb and W, J. Hawker.

DEMANDS.

SHANGHAI, November 9. Five thousand employees of the Nanyang Brothers Tobacco Company yesterday afternoon joined the Poo any strikers-Reuter.

SHANGHAI, November 9. The Nanyang Brothers' strikers resumed after the company had con ceded most of the extensive demands put forward.

MARTIALLY ORDER,

General Ho Teug-lin has issued warrants for the arrest of two Paotung strike leaders. He has also issued a proclamation that the strikers are subject to martial law. All meetings Before the ordinary businues of the will be dispersed by the police. It in meeting was begun the Chairman taideproted the B.A.T. strike will coor un settled. The Japan China Cotton Mill strikers have not yet mado over tures to the moLagement regarding a settlement.-Heuler.

he felt he must apologise to sharehol ders for the appearance of the notice oncerning the Company in the morn ing's newspapers.. It was not in tended, he said, that the notice should appear until the reasons for it had besa laid before the shareholders a d received approval. Owing, howover, | to a misunderstanding about the dates, the notice had appeared rather prematurely and he could only express the directors' regret that this had occurred.

Proceeding, the Chairman said: Gentlemen,-We lay before you a Statement of Accounts for the twelve moaths. onded 30th September 1922 which, unless sny shareholder abjecte, we will dispense with reading, as it has been in your landa for some days already.

SHANTUNG CHANGES.

VALUATION OF PUBLIC PROPERTY.

PERINO, November 9. When the Sino-Japanese Commis sion sat this morning, the Chiatse sub- committee on public properties pre- sented a table of valuations of pro- perties under the control of the Tsing Tan military authorities to which the Japanese promised to reply later.

The Chinese brought up a proposal for procedure of withdrawal of Japan. cee troops from Tsing Tao sad station- Our income for the years has in-ing Chinese police there. The Japan. cressed. from $220 830.97 to eae postponed their reply. $266,657.92, BD appreciable improve- The Japanese proposed to dicuss ment, and we propose to deal with the land question as it had been the balance at credit of Frost and brought up at the tenth meeting. Loes Account, $132,605.68. by writing The Chinese expressed readiness when $25,000 off Goodwill Account (bring they received the report of the sub. ing it down to $28,000), placing committee of public properties there- $7,005.68 to credit of Bad and on.-Reuter. Doubtful Debts Account, and paying a Dividend of 50 cents per share on 200,000 shares absorbing $100,000.

Our business, I am glad to gay, co tinues to make steady progress and the number of units sold was 5,341,830 against 4,464,290 last year, an incrcass of 20 per cent.

PHILPPINE BANKING.

LEGISLATION AGAINST FOREIGN CONCERNS.

MANILA, NOV. 0.

A bill has tuen i.troduced into the Senate prohibiting foreign banking corporations from accepting monty or securities either as time or. check ing deposite.

The enactment of this Bill into law would force banks to incorporate under Philippine laws and become merely exchange banke or retire from the Philippines.

Foreign banks are not subject to the internal revenue laws which the Lill's sponsors claim gives them an advantage over local banks.-Reuter

As to the future we think there need be little doubt about that; the population of Kowloon is increasing rapidly as you know, and large build. ing operations are going on, from which this Company must bancât, Now with regard to the Accounts and aur financial position, I said last year that some adjustments would have to be made in book values owing to the exchange of the old site and atation for a new site eto. This has been done and the ammended figures are now before you and represent only the new roperty belonging to the Company; the values of the old site and station have disappeared altoge ther. The new site has been valued by Mr. Mowbray Northcote at the cou

PERING, NOV. 8. servative figure of $2 per sq foot,

The House of Reprea- ntatives hsa and the gain of $92,699.83 in the book value has been used in depreciating adopted a resolution calling on the the values of buildings and fixtures President to submit to and Overhead Mains, as these items immediately the nominations suffer more severely from wear and his Cabinet.-Reuter. tear than the others,

Goodwill will soon be at a nominal amount and the other figures shown in the Balance Sheet will represent a brand new light and Power station much below what it would cost to- day to install at the present prices. of building and labour. ~~As-You-will-see-we-are-heavily in debt, Delentures and Overdraft totalling about $150,000 which will!

PEKING POLITICS..

ARMS FIND.

THE CHINA MAIL.

TO-DAYS NEW ADVERTISEMENTS.

THE CHINA LIGHT AND POWER COMPANY (1918), LIMITED,

NOTICE IS HER BY GIVEN thane, an EXTRAORDINARY - GEN- ERAL MEETING of the alive Company will be held at the officen Messrs. SUEWEN, TOMES & U the General Managers of the said Company, St George's Buiting, Vicaria, Hongkang en SATURDAY, the 25th day of November, 19.2, ut, 11 o'clock in the forunoon, when 160 subjɔincil resolutions till he preposed as ordinary resolutions vi

hat the authoriscil Capital of the Company (which is now $1,900,000 cmsisting of 200,000 shares of the nominal value of 85 each tho whole which huvo beon iniucl) be increased to 8',300,000 by the creation of 100,000 additional shares of the nominal value of 85 each ranking (subject as hereinafter mentioned) as from data of allotment for dividend and in all other respecte pari pare with tho share constituting the Company's present issited "Captial,-~*** 2.That the mid 100,000 shares he offere in the first instance (in the ...proportion of one new share for every complete number of two old res held by them respectively) to the members of the Company who on the 25th day of November, 1922, at 1ozitored in the Company's Furs Register as the olfers if the said. 200.000 shares at a premium of $5 per share and so that on acceptance of the offor the cominal amonal due to respect of such, 100 000 skares plus the

· said premium of 85 per share.skall bo payable as follows-

#1#habhi Jurabh{k

nomial value of

TO-DAY'S ADVERTISEMENTS.

VICTORIA RECREATION CLUB.

BOXING.

A series of Boxing bouts will be held, at the VICTORIA

RECREATION CLUB on FRIDAY, next the 10th instant commencing at 9. p.m, sharp. The following events will take place

10 Round contest (Catchweights)

Battling Key v. Stoker P 0. Morgan.

6 Round contests..

Sergt Tribe RG.A. v. Seaman Russell.

Seamiam McBride v. Pie Flynn, King's Regt.

L/Cpl Crotty, Kings Regt v Stoker Dick.

Seaman Triggs v. Pie Roway, King's Regt.

Seaman Larter v. Pte Harrowitz, King's Regt.

Awon! peryable

Signalman King v. Seaman Trig. well.

in requct of the

in receipt of the

Date of payment.

cach share.

premiums on each whare.

Tosh

4th January, 1923 5th April, 1923

$1.25

81.25

€ 2.50

81.25

$1.25

S 360

8th July, 1923

$15

$1.25-

27th September, 1922

$1.25

8.250 250

$5.00

$3.00

$10.00

And further that until such time as the said 100,000 shares shelt be fully paid up they shall aris the said 200,000 shares only rink for dividend in proportion to the ratio borne by the amat paid up thereon in respect of the cominal value thereof to the full comica! value $5 thereof,

And that sues after be made by notice specifying the number of hare to which the member is entitled and limiting a time within which the offer if not accepted by the member on behalf of himself or his nominee will be deemed to be dec ined and that the General Managers be at liberty to extend the time for auch ncceptance 10 such date as they may bink it in the case of shareholders wliose place of address is not in longkong And further that any of the said 100,000 shares abict shall not be faken up by the Company shareholdera in rouber aforesaid: bo diap sed of in such manner at such time or times and upon suck ternis ns the Company's General Managers shall in their absolute discretion think fis,

Tint to shareholder shall be entitled to any fer of a fracaim of an additional share in respect of any odd share held by such shareholder. The Tafer Books of the Company, will be closed from Monday the 0th day of November. 1922, to Saturday the 25th day of Novemter, 1992, (both days inclusive) during which perig nu. transfer of shares can be registered.

Dated the day of November, 1922.

SHEWAN TOMES & CO.

General Managers.

INTERPORT CRICKET MATCH. THE HONGKONG JOCKEY CLUB,

Shanghal v. Hongkong

wear Membership Badges which have been sent to them, and to use either of the two Pavilions for watching the Match from. There will be a charge of 50 cents per head for the Members with Ladies will kindly use ! Public Stand for Non-Members.

MEMBERS are asked to

Ladies' Tent and Fublic Stand as an

overflow.

By Order of the Committee,

ER. MITCHELL,

Hon. Secretary. Hongkong, November, 9, 1922,

NOTICE TO. CONSIGNEES.

"ELLERMAN" LINE.

Parliament From HAMBURG, BREMEN and

ROTTERDAME. ··

ARRESTED AUSTRALIANS AGAIN REMANDED,

Oven James Smyth and William

be increased to $860,000 on payment Pitts, who were arrested in connection

of the Dividend. This is too large with the discovery of a large quantity debt for a Company with a Capital arm and ammunition at the King of only one million dollars. We

Edward and. Palace Hotels, ware therefore propose to obtain further

again before Mr. E. W. Hamilton this Capital by the issue to shareholders

morning. of 100,000 new shares at $5, at a premium of $5 per share, or $10 in

The Magistrata said that the First Magistrate, Mr. J. R. Wood, bad

, which we propose to call up as definitely decided to hear the cast follows:-

himself. He therefore gave i forma! remand until next Thursday.

$3.50 per share payable on 4th January 1923.

$2.50 per share payable on 5th April 1923.

$2.80 per share payable on 5th July 1923.

$2.50 per share payable on 27th September 1923.

I now propose that the Report and Accounts as presented ba adopted and passed and the profit for the year be distributed as proposed. When that has been seconded I shall be pleated to answer any questions from abare

holders. !

THE Steamship

"CITY OF PARIS"

having arrived, Consigness of cargo aro informed that all goods are being

Prices of admission $3, $2 & $1. Seats may be booked at the Club, After payment of expenses a portion of the proceeds will be devot ed to charitable objects.

A. McKIRDY,

Hon. Secretary. Hongkong, November 9, 1022.

THE ROYAL HONGKONG YACHT

CLUB.

THE Week-and Cruiso arranged for 10th, itthan 12th instant is PORTPONED till Nor. 25th and 26th. "The resil o' the tat Championship Event for the "Gael" class will take place on Sunday morning, 12th instant. A “Kenagería" race will be arranged for the other glasses.

By Order,

H. S. ROUSE, Hoa. Sec, Sailing Committee. Hongkong. November 9, 1922.

THE ROYAL HONGKONG GOLF CLUB.

GOVERNOR'S SHIELD.

NOTICE..

WILL the members who entered their names on the liat posted

at Deep Water Bay kindly com

AN EXTRA GYMKHANA is fixed municate with, the Secretaries, and for SATURDAY,December 2nd, Treasurers, before SATURDAY, 1922, Draft Programmes and Entry November 11th. The Deep Water Forms may be obtained at Race Bay list of entries was lost in transit. Course, Hongkong Club and Cause to the office. way Bay Stables. Special S Andrew's Programme;

Entries close on 20th November

Hongkong, November 9, 1929. 1922.

PUBLIC AUCTION,

By Order, PERCY SMITH, SETH & FLEMING Secretaries & Treasurers. Hongkong, November 9, 1922.

PUBLIC AUCTION.

IE Ondersigned have received instruc

HE Undersigned have received in-ons to sull by Pablic Auction,

structions to soll by Public Auction: FOR LOCOUNT OF TAX CUJÚARNED),

TUESDAY,

November 14, 1812, commencing 2,30 p.m, at their Salos Hoo No. 8, Des Vaux Road, Corner of Ten Monte Street,

AND VALUABLE TEAKWOOD BLACKWOOD FURNITURE, AND

·HOUSEHOLD SUNDRIES,

Comprising: Dining Suiter, Chesterfield Sofas,

landed at their risk into the bazardous An-chairs (new), Card and Occasional and/or extra bazardous Godowns of Holt's Wharf, whones delivery may be obtained.

No claims will be admitted after the Goods have left the Godowns, and all Gooda remaining undelivered after 14th November, 1922, will be subject to

rout.'

All claims against the Stommer must be presented to the Undersigned on or before 21st November, 1922, or they will not be recognised.

all broken, chafed and damaged Goods are to be loft in the Godown where they will be examined on any Tuesdays or Fridays between the tours of 10.45 am. and, Noon, within the free storage period of one week.

Bail in the sum of $3,000 for Pitts by and $1,000 for Smyth was extended.

In connection with the same case, the two Chinese and the "mysterious” white man with a Chinese name, were also remizded until next Thursday. Their bail in the sum of $1,000 each was extended.

Recently, three steamers left Bang- kok for Swatow, the "Bintang," the Doufar" and the "Kiangen." Esch- Dr. Noble seconded the resolution steamer had a good number of Chinese and it was carried unanimously. deok passengers, the Bintang" The retiring director, the Hou. Sir over 600, the "Kiangsu” over 800 and O. P. Chater O.M.G; and Mesure. I. P. the "Dopfar" roughly 100, As the out- White, and A E. Compton were re-asme of competition, says the Siam elected and the appointment as DirecOberver, the faves have been reduced, tor of Dr. J: W. Noble was confirmed, and a desk passenger cant now: travel on the motion of Mr. A. Guto res from Bangkok to Swatow for Tos. seconded by Mr. F. M. Ellis,

7,50 instead of T. 16. One of the Mesers. Linstead and Davis and results doubtless will be the depar- Hoes, Lown, Bingham and Matthews tare of many Chinese for their own were re-elested anditors, on the motion country, and it will be interesting-to of Mr. A. A. Botelho seconded by Mr.noe if this eventually, has sup effect A: A. Cordeiro.

on the Chinese population in Slam.

No Fire Insurance has bean effooted. Bille of Lading will be countersignod THE BANK LINE-LIMITED. General Agente Icogkonz, November 9, 1991.

Tbles, Teakwood Twin Bedsteada, rge and small Wardrobes, Dressing Tables and Chairs, Washstands, des Sideboards, Dinnor Waggons, Dinner Fines Warc Services Crockery & Cooking Stoves, Cutlery, Carpets and Rugs, Staircase Carpets, Electro-plated Ware, Electrio Roading Lamps, Screens, Blackwood Tanpoys, Carved Curio Val. St. Lambert Cut glass Ware and Cabinet, Marble-top Flower Stands, Marble Statuettes and. Ornaments,

Also,

A low lots of Blanket, Travelling

Rugs and Sundry Household Linens,

And

One Pins, by M. F. Rachals & Co. (in good condition), Two New Cerpels. Terme: Coed or delivery."

bat Austioneers. Pongkung. November 9, 1911.

HONGKONG

New

DOLLAR

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