1930-02-06 — Page 3

THURSDAY, FEBRUARY 6, 1930.

'Phone C. 22

FOR

CLASSIFIED ADVERTISING

=

Twenty-five Words three laser. tions prepaid $1. Every addi- tional word four cents for three Insertions.

All replles under this heading must be called for.

WANTED

NOTICES.

HONG KONG & SHANGHAI BANKING CORPORATION

The Register of Shares of the Corporation will be CLOSED from MONDAY, the 10th February, to Steno-Saturday, the 22nd February, 1930 days inclusive), during Reply Secre- oth

chich perlod no transfer of shares can be registered.

WANTED. -- Expert grapher for Indo-China tary, P. O. Box 42.

Mate

POSITION WANTED

ENGLISH GIRL sailing with her on March 1 family in Macedonia would like to get in touch with lady who needs help on voyage with chil dren.-Apply Telephone Kowloon 1399.

TO LET

TO LET 1 Large Room or Small For with Fall Board and washing. Particulars apply 1, King's Terrace. 1st finar, Nathan Road, Kowloon.

FOR SALE

FOR SALE--Banjo.

"Clifford E-

Kax" G. Genuine Autographed Model.

By Order of the Board of Directors,

THE CHINA MAIL.

GREEN ISLAND CEMENT

oatentatiously giving of his best TOTICE IS HEREBY GIVEN in foresight, ripe judgment and No

that the ORDINARY YEAR experience, and brilliant talent in LY MEETING of the SHARE the Industrial service of this HOLDERS In this Corporation Colony.

float new will be held at City Hall, Hong When the effort to Kong, an SATURDAY, the 22nd capital falled, Mr. Shewan ap- February, 1930, at 11.30 am. for proached Mr. Kramer, manager the purpose of receiving the Re- of Arnhold, Karberg & Co., for port of the

Board of Directors his (Mr. Shewan's) firm to take the management of the together with a Statement of Ac- over counts for the year ending 31st Cement Co. These two gentlemen December, 1929.

were close friends, Mr. Bhewan was advised that "there was no- Mr. Kramer was thing in it." "sick of it." Nothing daunted, his however, Mr. Shewan, In ability to "dip far into the future," "dreamt dreams" and, far as the human eye could see, saw the vision of a prosperous Kowloon now made still more prosperous by reason of its indus- trial enterprises fastered and de- veloped by the progressive policy of a helpful Administration. Mr. Kramer required of Mr. Shewan TRINITY COLLEGE OF MUSIC, the reimbursement of a sum of $50,000 and the guarantee of an LONDON.

overdraft with the Hong Kong and Shanghai Bank of $40,000. So, even in those early days, with the experimental cement industry In Hong Kong or rather at Macno, in its death throes, the then general managers had to be reimbursed to the extent of $50,000. Mr. Shewan accepted Mr. Kramer's terms, and the re- birth of a key industry of such incalculable benefit to Hong Kong had its beginning.

In 1896, for the first time niso, the name of the late Sir (then Mr.) Paul Chater ap- peared as a Director.

A. C. HYNES,

Chief Manager. Hong Kong, 3rd February, 1930.

LOCAL EXAMINATIONS, MAY, 1930.

THEORY AND PRACTICAL.

Unused. Original Nicholls painting ENT

on Vellum. Cost $125. Sell $80 er offer. with Caso and Tutor. Box No. 637, e/o "China Mail."

HOME TUITION.

WESTOVER-STEVENAGE.

an hour from London.

Apply

Within

In healthy

neighbourhood. SCHOOL for GIRLS and SMALL BOYS. A few Boarders received in the Houre of the Principal. Individual care and attention.

Particolare apply to:

MISS RUTA CULLEY

(Camb. Higher Local). Camb. Teachers' Diploma).

For

MISS GERTRUDE TURNER

(National Frodel Higher Certificate.)

MISCELLANEOUS

'printed. - "China

Mail"

YOUR VISITING CARDS neatly and promptly Offce, No. 3A, Wyndham St. Tele- phone Central 22.

LAMMERT BROS.

AUCTIONEERS, APPRAISERS AND SURVEYORS.

-Public Auctions -

THE Undersigned have received

Tinstructions to sell by Publie

Auction

ON

FRIDAY, February 7, 1930, commencing at 2.30 p.m. at their Bales Room,

Duddell Street,

A Large Quantity of

VALUABLE HOUSEHOLD

· FURNITURE.

Comprising:-

Glass Cabinets, Teak Desks, Typewriters, Iron Safe, Glass Cabinet, Tapestry Covered Arm- chairs, Couches, Planos, Gramo- phonea and Records, Carpats, Rugs, Electric Heaters (220 and 10 Volts), Porcelain Ware, Brass Ornaments, Pictures, etc.

Teak Extension Dining Tables, Teak and Cane Boat Chairs, Side- boarda, Dinner Waggons, Glaes

Round Tables, Ice Chests, etc.

ΠΟΥ

ANTRY FORMS are

ready and may be had from the local Secretary, Wm. ANDERSON, c/o Ander- Music Co., Ltd., St. George's Building, Ice House Street.

Bon

HONG KONG HORTICULTURAL SOCIETY

ANNUAL SHOW

at

CITY HALL

оп

6TH MARCH.

Keep the date free and

come to the Show

THE SOMERSET LIGHT INFANTRY GYMKHANA

at STEEPLECHASE COURSE, KWANTI.

SUNDAY,

9th February, 1930.

FIRST RACE 2.30 p.m. OPEN TO THE PUBLIC ADMISSION FREE.

Special Train leaves

Kowloon, 1 p.m.. Return 6.27 p.m.

PRICES:

Ware, Cooking Utensils, Teak $1.40, 1st class Return. Teak and Iron Bedsteads with 90 Cts., 2nd class Return.

Mattresses, Single and Double

Wardrobes with Bevelled Mirrors,

Dressing Tables, Chests of Draw- era, Linen, Washstands, Toilet: Crockery, Chamber Stands, etc.

and

A quantity of NICE BLACKWOOD FURNITURE including:-

Cabinets, Chairs, Flower Stands, Josa Table, Tea Foys, etc.

and

One Herring Hall Marvin Safe. On View from Thursday, Febru- ary 6, 1980.

Catalogues will be issued.

Terms: Cash on Deliverz

LAMMERT. BROS.,

Auctioneers Hong Kong February 4, 1930:

'ALEXANDER'S · INSTITUT. DE

BEAUTE

REALISTIC

The realistic Method is al- together new-a DOT WHY of winding the hair, from the ends toward the scalp-a new Wave -- pofter,' smoother more natural

Arrange TO-DAY to have your Realistic Permanent. Wave-or Rowave. ! YAYOI BEAUTY PARLOUR 20. Wyndham Street.

PHOTO-SUPPLIES

Kodaks and Cameras,

Films, Plates and Papers, etc.

Developing Printing and Enlarging.

ZIESS and BUSCH

FIELD GLASSES

Price Moderata.

Trial Order is Bolleftad.

A Change of Name

Mr. With the admission of C. A. Tomes as partner, the firm name of Shewan & Co. was chang- ed to Shewan, Tomes & Co. and ever since 1897 the signature of Shewan, Tomes & Co. has appear- ed on every annual report.

(Continued From. Page 2) ·

collaboration between the Direc torate and the Executive which is essential to the conduct of the busl- ness of any Company, let alone one engaged in a manufacturing In- dustry.

Requisitionists' Views

refuse to think. that the mar cantile community this Colony

The Requisitionists of this Meet- will Invite the opprobrium that should be fully merited if, at the ing in their Circular dated Novem- same time as they remove the ber 15, 1929, and addressed to, the general

the Shareholders of the Company, In of managerahip Green Island Cement Co., Ltd., support of the appointment of new from Messrs. Shewan, Tomes & General Managers, state (inter alia) Co., they resolutely set their face that such appointment is desirable against a claim that, to my mind, for the reason that it is considered can be established in equity and that the Board of Directors, acting substantiated in law. If they did, alone, would not be in a position to then the anger of acorn can be devote to the Company that amount justly pointed at us; and it should of care and attention which is NO essential do a manufacturing con- be difficult for us to overcome the derision.

.

cern.

On this debatable question it ap I remain to be convinced by

pears advisable for me to point out any argument advanced against that, if the arguments so put- for- compensation. The mover of the ward are to carry the weight which

Resolution original

contributed is attributed to them, then similar nothing to enlighten us as to the argumente must apply to the very motive of the authors of the Re-many Companies not only in Hong solution, who, curiously enough, Kong but elsewhere, as it is a are conspicuous by their absence.matter of common knowledge that as I am personally con- even in London, leading companies So far cerned. the arguments contained to-day are in an identical position in their circular have made no vis-a-vis the constitution of their impression on me, excepting that respective Directorates. In these they leave

convinced circumstances I feel that an argu- than ever that the cone for and ment based upon the assumption not against 'compensation remains that, because the present members unshaken and incontrovertible. of the Board are also Directors of I therefore, second the Chair-la number of other heal Companies, man's amendment.

this Company should suffer as result, Is fallacious.

me more

The amendment to the Resolution was then put to the meeting, and carried nem cm.

The Second Resolution The Chairman, introducing the second resolution, said:-

Gentlemen: We now come to the second Resolution, which reads:

a

Moreover, whilst I am naturally averse from offering for your con- sideration anything in the nature of a eulogy of the present Board, it does appear requlalte for me to in- form you that during the past four years an exceedingly heavy volume "That Messrs, Gibb, Livingston of work has been carried out by the a result your & Co., Ltd., of Victoria in the Board, and that as Colony of Hong Kong, be ap- Company is to-day in the position pointed the General Managers of of having ready to hand a strong the bustness of the Company with programme of development based a Remuneration of $1,000.00 per upon a centralisation of its manu- .month and a commission of 24facturing plant at Hok-Un, in which per cent. on the annual balance connection a most favourable con- of the working account of the tract, both financially and other- year to be taken before any al-wise, has been placed with the well- lowance or deduction has been known firm of Messrs. Vickers which contract, made from such working account Armstrongs Ltd.,

In 1897 it was found desirable

for depreciation of property, when completed, will furnish the to considerably increase the out- rents, buildings, machinery and Company with the most modern put and a large and valuable site stocks of goods and materials of cement producing plant in the Far East, and having regard to the fact was acquired at Hok Un, Kow-

any kind." loon. The area of the Works is and which I will again ask one that the financial arrangements in 1,120,578 sq. ft. It is recorded in of the Requialtionists to propose. connection therewith are based upon the Report for 1898 that "the

Mr. Davidson:-Sir, as I hold the principle of "payment against New Works at Hok Un were mak-proxies for the Requisitionists I performance" your Company is duly ing good progress;

the site was would in the ordinary course have safeguarded in the matter of the all levelled and ready for com- proposed this resolution, but as you satisfactory operation of the plant, mencing foundations." The have

been good enough to allow as the onus therefor devolves upon Works

to the Contractor. Tinaon and were completed in 1899, Mr.

myself

I may here add, that 60 per cent. cement produced in November of scrutinise the proxies and it

of the contract price of this new that year, and sales from Hok is therefore known to me

although a substantial installation will not be payable that, 1900.

number of proxies have been lodged until the plant is in production up in support of this resolution, there to the specification standard, and not sufficient to make the that 40 per cent. thereof will be

began at the beginning of

We read in the Report for 1904 that "the Increased consumption, especially in this Colony, has kept pace with our enlarged facilities for production."

full

cial position of the Company. It has been given in detail in the statement accompanying Messrs. Shewan, Tomes & Co.'s circular letter to shareholders of Novem-

are

Sole Agents—

3-IN-ONE OIL

TS an oil compound, light, pene- trating, absolutely pure with three primary functions. First-Oils every light mechanism. Second-Cleans and polishes all ear-

́nished' and veneered surfaces. Third-Prevents rust and tarnish in any weather, in any elimate, no matter how damp.

WRITE FOR A FREE SAMPLE

CONNELL BROS. COMPANY, David House, Des Voeux Rd. C..

LARGE STOCK OF

WINTER GOODS

AT EXCEPTIONAL PRICES.

SWEATERS

Woollen Waistcoats & Vests.

FELT HATS

CAPS

NECKTIES

GOLF HOSE

From $5.00 up. From $1.00.

In all Colours & Designs, $1.50 per pair.

THE BAKILLY CO., LTD.

153-155 Des Voeux Road Central,

KAIPING COAL

HOME.

FACTOH

AND

BUNKERS

FOR ALL PURPOSES.

POWER

HOUSE,

TUGS &

LOCOS

THE KAILAN MINING, ADMINISTRATION.

Head Office:-TIENTSIN,

Agents:-DODWELL & CO., LTD, Hong Kong.

A Considered View

Seeing that what I have already

*BOMB INCIDENT

majority which is required to pass withheld covering vaerent plus stated is the considered view of the Biggs Makes Confession

In-Directors, and that as the result this resolution. I think it would up to one year thereafter.

cidentally it may Interest you to theroof they are seeking a separa be waste of time if I propose learn that your Board has effected tion of our interests from an old

Mr.

Directors

re

The Cir-

exchange contracts in relation to established firm, whose chief, in

Company.

to Police

sureties in 250 being demanded.

A further extension of the facit, and therefore I will not do so

Dondon, Yesterday. tory was effected In 1905.

The Chairman then said:

the above installation which show the person of Mr. Shewan, has al- Frank Biggs was charged at Bow Gentlemen:-Although the Notwithstanding large additions to plant both factories kept at solution which you have just heard saving, on the present level of ex-ways commanded with this Board Street this morning with being in the read will not be before the meeting change, of some five lake of dollars. the high respect to which his ex-possession of explosive substances pressure. This was

Whilst on the subject of policy,perience entitles him, I reed hardly in circumstances which would give gratifying statement appearing In in view of the statement made by may add that your Board took say more regarding the proposal to rise to reasonable suspicion that he the Company's Report for 1907.

Davidson, I think it la It appears to me unnecessary to desirable to review the events lead-steps some two years ago to close turn over the control of the Com- had not got it for a lawful object. down the Deep Water Bay Brick pany's affairs to new General The accused was remanded, two retrace the history of the Anan- Ing up to its proposal.

Works, which had, for many years, cular dated November 16 last, been a source of steady loss to the Managers, who, however estimable

A Scotland Yard Police inspector they may be, can only come into a which I have previously referred to,

business which is absolutely strange gave evidence that when charged fully sets out the views of the

Savings Effected

to them.

Whilst on this point, I Biggs-said: "What I want to say is I your Beard on thie matter, and

A further point upon which the may further intimate that I be put this thing down myself." After see no reason to alter

Requisitionists have late stress, as leve it to be the considered view that he made a written statement. those views, particularly as they justifying the appointment of an- of the general body of Shareholders-Reuter. are firmly of the opinion that it other Brm, as General Managers of this Company (and I here wish would be a retrograde step in the history of the Company to appoint concerns the merits claimed into make it clear that my references spect of the relative saving to be are solely directed to the matter of effected by the Company in con- General Managers vis-a-vis the in- collect that at the last annual Gen-sequence of the ostensibly lower terests of this particular Company)

scale of remuneration proposed. eral Meeting a Shareholder aug-

In this relation, and as a matter that the Company's best interests can not be served by continuing a gested that the General Managers of interest, I have had prepared an form of administration which en commission should be reduced so a estimate of the coat to which the trenches the General Managers by to make such commission commen. surate with the net profits earned Company would be put by the pro- the Articles of Association without posals set forth,-computation for any quid pro quo in the nature by the Company. Your Directors,

es- of auch

financial holding purpose

of a substantia? after much careful. thought, and

timate having been based

in the Company and/or an under- having in view the best interests of

од ar average of the Com-taking to guarantee a regular out- the Company, went beyond the sug gestion made by deciding to en-pany's profits during the five years let of any material portion of the deavour to relieve the Company al-immediately preceeding the year Company's manufactured products. It is with pleasure, therefore, together from the financial load 1926, such years being in the nature in dividends by the Company which the maintenance of the office of normal years and therefore up to that I announce that the views managed by Messrs. Shewan, of General Managers would entail.

ber 15 last. I will summarisa that statement in a few lines dat ing from the time when Mesare. Shewan, Tomes & Co. took over the management.

Paid-up Capital in 1895

1897

1898

.$ 200,000 271,975 850,797

1899

498,812

1900

998,040

1901

1,000,000

1905

1906

1907

1,500,000 2,000,000 4,000,000

1917 1924

8,000,000 .. 8,400,000

And $9,243,447.23 has been paid.

Tomes & Co.; they took it over in 1895 when "it was moribund and certainly bankrupt, and as a bust- ness proposition it commended it- self to no one."

further General Managers.

Shareholders will doubtless TC.

the

Against a Change

£3 12-

Board Complimented Mr. Joseph Gould: As I feel that,

KASHMIR SILK STORE

for

EXCLUSIVE STOCKS

of

SILK

and

SILK GOODS

Opposite Queen's Theatre.

FOR SALE -1930-

the standard to which we at least of the Directors are shared by a hope again to attain on completion large body of shareholders Reasons for Decision

corded by the proxies Aled with de of the new installation. In arriving at this

On this basis, the proposed scale the Company. cision it WIB, and le, the

Some of you have informed me considered view of the Board of 2% per cent. plus a fixed charge

of $1,000.00 per month, would in of your intention to address the that the Company is com- Such was the work of the gen- mitted under the present regime to effect, saddle the Company with an meeting, and we shall be glad of

$40,000.00 per your views. eral managers that they earned an expensive form of administration expenditure of for shareholders

no less a sum offering no adequate advantage annum, in return for which my than nearly ten million dollars technally or commercially, and Board fall to see that the Company out of a moribund Company

placing the Company in the control would receive any materially cor in a way, I am responsible for the reorganisation movement now The statement, as I have sub- of two distinct bodies, whilst responding benefit. mitted, contains nothing but bare taining for the Directors the entire

Fin progress, because of what I said facts. To the unbiased and un-onus of responsibility, in which re- Therefore, bearing in mind the at the last annual meeting, may I prejudiced mind the only conclu-gard I desire to emphasise that in fact that the Company has a most be permitted to offer a few remarks sion to be drawn from these facts the opinion of the Board the dual excellent technical and executive in regard to what has already been Bright and Son, British Empire $2.50 fa that Messrs. Shewan, Tomes & control of a Company such as ours staff, and that your Directors are achieved by the Board, as disclosed Co. deserve well of shareholders does not tend to secure the best not only fully cognisant of the diff in the Chairmen's speech. Before Staley Gibbons, Ltd, British and in our recognition of their repults, either in the manu eulties which have arisen in the doing so, however, it seems only services the least we can do is to facture or the marketing of past, but also alive to the pos- right and proper that we, who are tanley, Gibbon, Ltd., Ferries record at this meeting to-day an the Company's product, and with siblities of the future, they feel what I might term of the opposition Countries unmistakable admission of their regard to the foregoing position 7 they have placed before you ample camp on the second resolation, Stanley Gibbons, Ltd., The World $8.50 "very strong and justifiable claim would point out that a close associa Justification for stating that to should express our appreciation to Scott Blasty & Coin Côụ du 2456 do. $4.25 for full and adequate compensation between the members of the saddle the Company with further the sponsors of that resolution for Tvert and Tellieri. tion from the Company Board, and what I may term the General Managers will but be to withdrawing it, and by refraining Whited King Co

I fall to see how shareholders ex

mitel of the Company, give affect to the continuame of a from pressing it to a vote. By so Jong

ja system which, in their carefully doing, they have rendered it pos coraldered opinion, offers no ad-sible for this meeting to be conduct

can equitably nerative such

posali:) y venture

CO.

"would be " mo

Life, mince

Farther-ed In an atmosphere of harmony and

POSTAGE STAMP CATALOGUES FROM

Empire

GRACA & CO.,

Dealers in Postage Stamps,. Es

claim that the friendliness, and to that extent weligious Goods, Gurden Sooday, Pistoria)

Post Cards Toys ko, keching

ich have list given owe them our thankarskie

for the

ara a logical and conclusive The Chairman: The next meeting No. 10, WINDHAM STREET.

adduced in will be on the 28th of this month at F.O. Bax No. 620 HONG KONG red change: 10,80 M30)