1926-05-19 — Page 1

You can change over your 1924 Chevrolet, 1924. Essex, Ford, Gray, 1930 1924", Overland, Star, etc, to Balloon wheels and Tiros complete for..

$203

This Includes, five 29 x 440 Firestone Tubes, ave. 29 x 440 Firestone Tires, four whepla, Ave.rime, and necessary bolts, nuts, clamps. This price is for the complete set of wheels and Tiros fitted on the car.

THE DRAGON MOTOR CAR CO., LTD.

33, Won Net Chung Road Happy Valley.

WHITEAWAY'S

ON

MONDAY, MAY 17th

and following days GREAT

SHOE SALE

OVER 400 PAIRS

TO BE CLEARED

AT

LESS THAN COST

We have decided to clear all our present "stock of

Ladies" white: Canvas

shoes at considerably less

than, cost, to make room.

for new stock coming.

forward.

MANY STYLES

PRICES FROM

$1.00

M. TO

$5.00 pair.

LADIES! DO NOT

M188 TRIS

OPPORTUNITY.

COME EARLY. BEST SIZES GO FIRST.

WHITEAWAY,

LAIDLAW

& CO., LTD.,

HONGKONG.

LEE KEE

Agent for HENRY RICHARD

TILE CO'S...

We have a large stock of White Glazed Wall Tiles. Colour Glazed Wall Tiles, Ceramic Mosaic Tiles, Geometriami Encantia

·Floor Tiles, Tile Fire Grates.

Inspection Invited,

Showroom: 21, Wellington St..

Tel, C. 1483,

•

China Mail

No. 19,804

COMPANY ROW.

CAN ANNUAL MEETING BE ADJOURNED?

DIRECTORS CRITICISED.

Development Co. Shareholders Turn Up In Force.

tance:

ESTI

ISHED

HONGKONG, WEDNESDAY, MAY 19, 1926.

A.

The Chairman No.

PRICE, $3.00 Per Month.

$1,000 DAMAGES.

MRS. JONES AND KOWLOON "ACCIDENT.

A DRIVER'S DUTY,

$1,000 and E Judgment for costs was entered this morning in respect of the claim of Mm. H. A. Jones against the Kai Tak Motor Bus Company.

We have a reputation

of over forty years of

dealing Our

qualifications

equipment are.

very best

andẹ

the

N, LAZARUS

Hongkong's Only Europen Opticias; 12, Queen's Road Central,

CRISIS OVER.

MANY INTRICATE CANTON - PROBLEMS.

CUSTING THE REDS

"Man Of The Hour" Retains: Controll

(From Our Own Correspondent.)

"With regard to Inland Lot Noi Ha Anh, Do any of the 2453 and extension No. 2620 Wong debtors hold positions in the Com Nel-Cheong Road, I am In a post-pany? tion to Inform you that after ex- The Chalman No.

Mr. Arcall: Do the loans in- tensive negotiation amendad plans. have been duly passed, and on re- clude money lent to any directors. ceipt of these plans from buror employees of the Company? architects, we shall be in a position to proceed, and the plane will be Mr. Arculi: With regard to the submitted to the applicante con- rent. Why is it down this year cerned for their approval and accep- as $24,000 against $9,600,

"The Chairman In last year's Described as an unheard of pre- "In view of the position every accounts, therent of only a few cedure, #

move to adjourn the effort has been made to keep down months included. The ac annual meeting of a local publieexpenses. The office of the Com-counts for the year under review

"Canton, May 17, mited company-for the purpose pany has been changed, thereby include the payment of 15 months

In finding that there had been

Aftor two and a half, days of of investigation by shureholder effecting a reduction in rent, and rent,

negligence on the part of the was lost after considerable dis-your directors, including myself, Mr. Arculli: Reverting to the driver of the motor bus which martial law during which the Com- cussion and criticism

have waived payment of fees, dur-loars, was more than 80 per cent.overturned and caused injury behind closed doors for mastery. Th

munists and the Moderates battled), This occurred at the second or- ing the period under review lent out on shares??

Mrs. Jones, His Honour Mr the Central Executive Committee The Chairman: As far as Justice Wood made some inter-of the Kuomintang Capton breath Binary annual meeting of the

"Trust to Luck." Hongkong: Development and Sav Mr. G. K. Hall Brution second-can remember, no.

Sometimes esting remarks relating to theed a sigh of deep relief to-day ings Society, Ltd, held to-day at led the adoption of the report and greater margin was asked for. expert advice which he had call shortly after noon, when it was Mr. Arcul What is there toed in to enable him to determine learned that the Moderates are not the City Hall, whom there was an accounta, This was not the only uttundance of about two hundred. Company he stated, which had show that these loans were actual whether there had been negii-only firmly entrenched in power,

number taking, up atanding room made a loss on the year's working ly made? as the back of the hall

The Chairman: We received having regard to the crisis

"

gence.

་

but that the Russian influence is

Mir. Fred Ellis managing dirac-through which we had passed. It ample security to cover these six driver should have adopted when future.

The proper procedure then be forcibly minimized here hi

**

"Mr. A. Curreem seconded the amendment.

"Most Extraordinary.".

alement will hereafter not be so strong in Kwangtung government circles as in the past.

tor), presided, supported by was difficult to see how the direc-amounts.

Moreover, a new committee is to Messrs. CE. H. Beavis, Li Ysters could have foreseen the dif- Mr. Arculi then reiterated hishe felt the vehicle skidding, said. Laua, Stim. Pak-ming, Leung Yan-poficulties which had arisen. All proposal of an amendment that His Honour, was to have debe named to work for a settlement clutched his engine and applied of the Hongkong strike-boycott and Chan Sau-fung (directors) and they could do was to carry on the meeting be adjourned, and the brake with a series of slight issue. Mr. E. B... Raymond. (secretary).

Though there is to be no trust to luck and wait for the that a committee of shareholders Among the shareholders securities to rise.

be allowed to investigate the post-pressures at the same time turn lessening of the so-called "unequal noticed preseni were Messrs: Mr. A. el Arculli asked that ion of the Company and its the steering wheel in the treaty" agitation, the anti-foreign

direction of the skid AH. Rowe, 3. Fasco H. the names of the borrower of affairs. Ruttonjee, C C Stark,

Neither of these procedures FP.

money from the Company-on the

seemed to have been taken by the Lebfentes, J. H. Jackson, TN. loans which lacked confirmation Chat (Chau Tsun-nin), W. Logan, should be made public.

driver who in fact had applied C. L. Shank, C. B. Shank, J. Brook,

his brakes suddenly when going amendment proposed is most ex-the time was travelling over a Dr. F. H. Kew: I think the at high speed. The vehicle as traordinary. I have never heard newly prepared road which had of such a thing. Have they any not been specially surfaced for precedent for such a procedure?

Mr. B. Pasco: I wish to associate watered immediately prior to the motor traffic and had been

myself with Dr Kew's remark. accident.. Mr. Arculli asked how share. The adoption of the report and The road was also on a slightly holders were to know whether the accounts has been proposed and downward gradient at this point The secretary then read the con-loans were admitted or not. He seconded. We should get on and it had to be borne in mind

was at a loss to understand the with the busine.. vening notice. Mr. Fred Ellis. re- ferred to the report and accounts certifying by the auditors with having been in shareholdera hands

G. K. Hal Brutton and Dr. F. H.

Kew..

Before the meeting opened, Mr. J. H. Jackson said: Fardon me. Mr. Chairman, but it is now past the hour for which this meeting has been called.

Chairman's Speech.

wild said:--|

The Chairman said that it was not advisable to disclose them at the meeting. Some of them were absent from the Colony. At the conclusion of the meeting he would be pleased to give the pames to any shareholder.

These two major developments, together with a decision to send fu's ambitions in the south, con- troops northward to check Wu Pei- stitute the outstanding develop- ments of the Central Executive

continuing.. Committee's meetings which are.

Troops, In City.

as the man of the hour, and as the General Chang Kai-shek emerges, outspoken opponent of Communist Mr. Hall Brutton: The directhat buses were frequently stop influences in the Canton Govern- His troops patrolled, the the words "without confirmation" tors have promised Mr Arculli Ped at the point of the accident ment

Mr. Ellis: The explanation is the information he wishes for for the purpose of taking on or city on Saturday morning. occa- "Your directors greatly regret to that at the time the accounts were do not see whrtauseel purpose sc

discharging passengers.

afonally in brigades of 500 strong confirmations the amendment

On Saturday afternoon and Sunday record the loss which the company being examined;

Would serve.}

As regarded the speed at which they kept order by marching in tens were sent out and had not come (Loud applause).. has suffered in the deaths during

'We all sym-the bus was travelling, His and twelves-and frequently there the year under review of the Hon. back. Since then three (of these pathise with each other on the Honour recalled the evidence of were as many as four squads seen" Mr. C. Montague Ede, Mr. H. A. confirmations) had

come back loss sustained but the only thing the constable who had seen the to the block. Cartwright and Mr. Cham Shu-ki

(out of six loans).

Explanations Demanded.. The benent of their adylee and the

Mr. Arcul: How are we valuable services they were able to reader will be greatly missed.

Your directors regret that they The reason is

ure unable to present a favourable report,

more

to be found in the functol' con-

ditions that have prevailed since June last.

"Turning to the accounts, the investments on loan are practically

the margth of security was con-

A regiment of his we can do is to face the position. vehicle approaching and was pre-men were posted at the Central Things are likely to improve in paring to take its number be- Police Station on Saturday morn to time. For heaven's sake give

we termed fast. properly managed and whether we shall probably wipe off the loss. are in a position to take action for

The Chairman.

know whether the money has been the Company a chance and cause of the speed which he ing, and held in readiness for any

The accounts are not

JJ

asked

1

Amendment Losti

Mr.

:

Speed of Bus.

kind of outbreak.,

I

But there MATH.

'i

no outbreak; Chang Kai-shek's precautionary

On:

·

unusual frankness he:

the recovery of the money if such Arculli if he would withdraw his The bus schedule provided for measures had been too well thought became necessary? If the policy amendment. in view of the feel an average speed of 15 miles per out. of the directors is going to being, but Mr. Arcult declined. hour and the buses were capable that nothing is to be disclosed I

Chang's Attitude. The Chairman: I do not think of a speed of over 80 miles an propose an amendment that the this is in order but as it has been hour. On the evidence. His

Saturday morning the meeting, be adjourned and that a pressed. I will put it to the meet Honour found that in fact the bus General was waited upon by repre- committee of shareholders be aping. the same amount as appeared in our

when passing the junction of sentatives of five guilds and unions, previous balance sheet. These are pointed to investigate the ac

Tokawan Road was travelling at and asked what his attitude was advances chiefly on the security ofcounts and the position of the

the rate of 20 miles an hour, toward the Communists, and what The amendment was then put The bus must have been travelling he would do if rumours that the shares. At the time the, advances Company.

and and five voted for it and favourable in my opinion, were made, and at the time of the I speak for other shareholders overwhelming majority against hour, according to expert advice, should prove true

87 at considerably over 15 miles an "Reds" would try to seize the city presentation of the previous report, when I say that we consider them it. The declaration that

With the for it to have been overturned as There are amendment who lost was greeted a result of the skid. If it had declared unequivocably in opposi sidered and accepted as satisfac-other matters to which I would rewith sustained applause.

very unfavourable. tory. The financial crisis was un-

fer such as the considerable The report and accounts were bus would have remained upright in future as in the paat he would been going at moderate speed the tion to Communism and said that. expected, and the consequent de amount outstanding for interest, then put to the meeting and the afterwards." preciation of security could not be

work, and if need be, strike, for the also to there being no depreciation motion was carried amides wp. provided for. Your directors have.

How are we to plause, four voting against.

His Honour referred to the ex-dominance of the pure Kuomintang on furniture. decided to make provision for any know whether the assets are not

Other business passed by the said that he was satisfied that the

pert advice he had called in and Party probable losses, and as you will see

Not content with this, General less than the amounts appearing meeting comprised: from the accounts. reserve of

in the accounts? Again, we do

Re-election of the retiring, direc-combined with the

sudden application of the brake Chang Kai-shek appeared per- $360,000 has been made for had

downwardsonally before the Central Execu not know on what terms the loans tors, Mr. C. E. H. Beavis and Mr. gradient, the slight camber and tive Committee and introduced a and doubtful debts, thus turning.

were advanced, or whether the Sum Pak-ming-proposed by Mr. the condition of the road had led series of eight resolutions which borrowers were given full market A. H. Rowe, seconded by Mr. J. H to the skid causing the accident. not only close the doors prices for shares. These are mat. Ruttonjee..

member- The sudden application of the ship in the Kuomintang to those Re-election of Messrs. Percy brake when passengers signified who have resigned to join the Com

what would have been a trading profit of $43.425.73 into the loss

Your directors have, no reason to think that this logs will not, to A

which appears on the balance sheet. ters which ery aloud for expianSmith, Seth and Fleming na aud their intention to get off the munist Party, but will make it im

great extent, be made good, provid Ted we are in a position to grant.

time for this purpose.

mon

The Chairman Loans were tors for the current year-proposed vehicle constituted a negligent possible for Kuomintang membera made with margins of 20 per cent, by Mr. W. Logan (who stipulated act. An ordinary careful driver who are also Communists to hold on market values. Some allowed that the remuneration should be the before attempting to bring his car any position higher than that of for greater margins..

same as for last year), seconded by to rest would have first reduced firat assistant to bureau chief, and Mr. J. R. Jackson.

Mr. Arculli remarked that he did not consider this, very satis factory and still pressed for the adjournment of the meeting and for the disclosure of the names.

No Names Disclosed..

speed by cutting off the engine which will bar Communists from and applying his brake gradually, any rank in the army above that

The action of the driver in of captain..

going into first gear when he felt

Momentous. Meeting.

"You will note that the auditors' report states that certain loans were at the date of the report with out confirmation. These are loans which were advanced to

persons who...ure at present out of the Colony, and their confirmation

Mr. C. E. H Beavis? I think T could not be obtained in time for am voicing the opinion of the South west winde, moderate; informed, added Hie Honour. It a special committed (which resorts the auditors. Confirmation of directors in stating that it is not fine to cloudy, reads the forecast was clear to his adviser, and his to a plenary session of the Central

advisable at this stage to disclose until noon to-morrow,

opinion in His Honour's view was

these loans wil, however, be duly received letom,

The accounts do not appear to

call for further comment, excapt that the profit and loss account is

for a period of 15 months instead of the usual 12 months:

THE WEATHER.

the skid so far from counteracting Chang Kai-shek's eight resolu the skid had assisted in it, he waations, which have been referred to

to-day) road as follow —

1. The Communist Party shall

the names. If any advantage can The Observatory report issued entirely reasonable, that therexecutive Committee to be held, be obtained from such a procedure at 10.80 Am to-day states that had thus been negligence before they would be only too pleased to pressure is nearly stationary over and after the skidding and he accede to the request. You, Sir Central Japan and the Philippines therefore gave judgment for the instruct its members to improve as a shareholder, can get the It has increased slightly from S. plaintiff with costa. names on enquiry after the meet-Manchuria to N.E. Japan, decreas. It has been held, added His ing A Project Deferred.

ded moderately from Shanghai to Honour, that a higher degree of Mr. Arculli replied that share Formosa and, alightly elsewhere, carefulness is required by law "With regard to the development holders should not be asked to The anticyclone is now central to from drivers of public vehicles scheme at Jardine's Lookout, In-pass the accounts in the dark, and the north of the Bonins. A de than from private drivers but I MAXXXXXXXXXXXXX land Lot No. 2458, which was in said that it was necessary for pression has formed over China do not in this case rely on such. The Communist Party shall

TANG YUK; Dantur,

Boosaar to

"the late SIES TING, 16, D'Aguilar Strøk

TERME VERY KODERATS

Consultation Front

MRS. MOTONO.

ELECTRIC MABBAGH

318, Wyndham By, and Floor.

tended to be taken up under the money to be handled with discre Government 40 years' lease scheme, tion. The Company was primari

only hine applications for building ly a building Company. Very little parte del

consideration.

No Discourtesy. on that site have been finally con had been done and it seemed to

Before concluding, continued Armed out of about, 2,000 applica- have concentrated on lending Territorien, ran into a paddy field in my opinion Mrs. Jones was A motor lorry driven in the New His Honour, I desire to record that tions which were originally receiv money on shares. He would like in attempting to avoid a water mistaken in supposing that she ed. Your directors have given to know if the interest paid on the buffalo, crossing the road.

Two was treated with any discourtesy

their earnest attention to this mat- overdraft at the Bank exceeded of the occupants were injured and by her fellow passengers on thla ter, and have decided that it would the interest received from bor had to be sent to hospital

be in the best interests of the rowers. Mr. Arculli consluded shareholders to leave this project by asking the directors to fake

| in abeyance" until such time wa the shareholders into their condence?

financial position will have "Im

Mr Beavis (after)

proved, when the matter will again the Chairman).

be taken up and negotiations with that at present the

the Government in connection with 'ceived on those loans is not the scheme will be renewed.

ficient to pay the overdraft.

TO-DAY'S

and, to-day

occasion. She was no doubt in very great pain and notable to observe accurately what took place Dr B, WTso and his son were among the passengers and that fact alone will set at rest all

of the dollar doubts that anything was omitled

2-8/16 in rendering assistancem:

their attitude towards the Kuomin fang both in word and action, especially forbidding them to entertain doubt or adverse criti cfam towards the late President (Dr. Sun) of the Kuomintang

submit a register of all its mem- bera who have joined the Kuomin tang, such register to be kept by the Chairman of the Central Exe- cutive Committee of the Kpomin. tang tetova

a. Only non-Communist mem bora are eligible to hold ofces. as chiefs of the Central Depart ments of the Kuomintang and Communists may hold no officer higher than frst assistants to such chiefs, and no army com missions higher than those of captains

(Continued on Page 8.)

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