1932-07-14 — Page 8

The China Mail

Published every evening Except Banday, Annual subscription, ex- anding postage abroad, H.K. $36, payable, in advance. Local de Krazy fres

NEW ADVERTISEMENTS.

R

PUBLIC AUCTION.

Overland China Mail DARTICULARS & CONDITIONS

The weekly edition of the "China Mai," published every Friday. Annual subscription, H.E. 118 eluding postage $19, payable in advance

Published by

The Newspaper Enterprise, Ltd. Printers & Publishers. N. BA, WYNDHAM STREET, HONG KONG

TELEPHONES--- Business Odice: 20932, Editorial Department: 24641. Cable Address:-Mail, Hong Kong.

All communications should be addressed to the Newspaper Ex- berprise, Ltd, to whom all remit» tances should be made parable.

-London Offices:-8. H. Bywaters Co., Ltd., 7, Garrick Strest, London, W.C.2.

то

'Phone 20022

FOR

CLASSIFIED ADVERTISING

Twenty-ve Words three Inser tena prepaid $158. Every addi. Howal word Ave cents for three insertions.

All replies under this heading must be called for.

PERSONAL.

of the Sale by Public Auction to be held on MONDAY, the

1932, 18th day of July,

at

8 pm, at the Offices of the Public Works Department, by Order of His Excellency the Governor, of ons

lot of Crown Land near Causeway Bay, in the Colony of Hong Kong, for a term of 75 years, with

the option of renewal

at a Crown Rent to be fixed by the Surveyor of His Majesty the King, for one further term of 75 years. PARTICULARS OF THE LOT.

Taland Lot

in Han Temple Road.

Jupellon of

No. of Bale.

Begistry Ka

Locality.

Baundary

MARSTROKOLÁ

N. 5. E.

11

W.

F

Bq. Ft.

THE CHINA, MAIL.

Application has already been made and accepted by the Committees of the Shanghai Stock Exchange and the Hong Kong Stock Exchange for quotations of the Company's shares.

The Subscription. List will be open at 10 am. and close at 3 pm, on the 15th day of July, 1932,

UNITED THEATRES.

(Incorporated in the United States of America).

Authorized Share Capital

Shanghai Taels 5,000,000 divided into 1,000,000 Common Shares of Shanghai Taels 5 each, fully paid and non-assessable.

ISSUE OF

450,000 Common Shares of Shanghai Taele 5 each par value; which have been privately under- written by the Promoters and their associates.

and

150,000 Common Shares of Shanghai Taels 5 each at par, which are now offered for publle sub- scription on the terms of this Prospectus and which have been underwritten by Messrs. E. L. Elias & Co., 16, Central Road, Shanghai,

Applications for the above shares should be made in the form accompanying this Prospectus through any of the Company's Bankers for and on behalf of the Company as follows:-

Taels 5 on application.

CAPT. R. E. SASSOON, T..G. WEALL, Esq.,

LO KAN, EBg.. JAMES BACKHOUSE,. Esq.,

About

KO LEONG HOE, Esq.,

GRANT MARK, Esq., -

da perale plan.) 1,890 144

F. W. SUTTERLE, JA,

F. J. SCHUHL, Esq.,

R. K. BUTLER, Esq.,

GENERAL NOTICES.

HONG KONG & SHANGHAI BANKING CORPORATION.

IS HEREBY NOTIFIED that An INTERIM DIVIDEND of £3 per Share, subject to deduction of Income Tax, has been declared for the HALF YEAR ending 80th June, 1932, at rate of 1/3% per Dollar. THE DIVIDEND will be payable and after MONDAY, 8th THE DEAF. Demonstrations on with the All,British Deaf Ald "Ossi: AUGUST, 1992, at the offices of caide" are now given daily (fres and the Corporation, where Sharehold- without obligation) at office, Metro-

ere are requested to apply for War. Hotel Building, Top Floor, Ice pole House Street, Mornings, 10.80 to 1:rants.

THE REGISTER OF SHARES tree demonstrations by ap Afternoons, free

Various of the Corporation will be CLOS- pointment only, 2.30 to 4. models to suit the divergent forms and ED from MONDAY, 26th July, to aspects of respective cases. Local ser-

SATURDAY, 6th August (both vice. Address communications

days inclusive), during which "Ossicaide," G.P.O. Box No. 559,

perlod no transfer of Shares can be registered,

FOR SALE -

to

MOTOR TRUCK. (Sanford 3 ton) for sale. Little used, excellent condition. Can be seen at Dragon Garage, Happy Valley.

Offers to Box No. 127, c/o) "China Mail."

FOR SALE-Hong Kong Directory now on sale at the offices of the Publishers, BA, Wyndham Street.

TYPHOON MAP of the CHINA SEA. The Landsman's Handy Guide to locat ing the Centra of the Typhoon Price 50 cents. Newspaper Enterprise, Ltd. "China Mail" Office, SA, Wyndham St.

"COASTWISE"-An interesting book! of cartoons depicting "Happenings" on the China Coast Price $1, on sale at the "China Mail" offices, 3A, Wynd- ham Street.

By Order of the Board of Directors,

V. M. GRAYBURN,

Chief Manager. Hong Kong, 12th July, 1932.

“FOR SALE.”

1 Ford Van (1924) in running

order.

2 Triumph (P. Type) Motor ・ Cycles (Solo) with accessories. Being disposed of as surplus to requirements.

The machines may be viewed dally (Sunday excepted) between 19.00 am. and 12 noon, at the AN INTRODUCTORY HISTORY for R.A.S.C. Garage, R.A.S.C. Camber, schools by A. H. Crook, W. Kay, and Queen's Road (opposite, Garrison W. L. Handyside. Price $1, on sale Serjeants' Mess). at the publishers, Newspaper Eater- prise, Ltd., 8A, Wyndham Street

HOME TUITION.

WESTOVER-STEVENAGE Within * hour from London. In healthy Beighbourhood 8CHOOL for GIRLS and SMALL BOYS. A few Boarders feceived in the House of the Principal. Individual care and attention. For Particulars apply to:

KISA RUTH CULLEY,

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

MISS GERTRUDE TURNER,

(National Frodel Higher (Certificate).

MISCELLANEOUS.

YOUR VISITING CARDS neatly and promptly printed. "China" "Mall' Tela Office, No. 3A, Wyndham St. phone 20022.

UNCLAIMED TELEGRAMS.

The following unclaimed tele Frams are lying at the office" of the Great Northern Telegraph. Company

(Limited) of Den

· Mark:----

Krekoryar, from Krasdolarak. Hotel Cecil Linbinghim, from Bhanghal.

FAVEJENSENS

Hong Kong, July 18,

tension

Offers should be sent to reach the office of the O.C., RAS.C., Queen's Road, not later then 10.00 a.m., on Friday, July 15, 1932,

PHOTO-SUPPLIES

Kodaks and Camérán. Films, Plates and Papers, etc. Developing, Printing and Enlarging.

ZIESS and BUSCH FIELD GLASSES.

-Price Moderata,

Trial ́Order is Solicited,

A. SEK & CO.

Tal No. 25459. 26A, Des Voeux Road,

LAMMERT BROS.

DIRECTORS

Director of E. D. Sassoon.& Co., Ltd. Director of Dodwell & Co., Ltd.

Managing Director of Hong Kong Amusements, Ltd., Hong Kong. Chairman of Board of Directors of Hong Kong Amusements, Ltd., Hong Kong.

Managing Director of Ho Hong Bank Ltd., Hong Kong, Director of Hong Kong Amusements, Ltd., Hong Kong.

General Manager of China Finance Corporation, Federal Inc., U.S.A,, Shanghai.

Vice-President and Treasurer of China Realty Co., Federal Inc., U.S.A., Shanghal.

Vice President of China Finance Corporation, Federal Inc., U.S.A.. Shanghai.

Director of China Theatres, Ltd.

SECRETARY AND REGISTERED OFFICE

J. A. TURNER, Esq., Chartered Accountant,

9. Avenue Edward VII, Shanghai.

BANKERS

THE CHASE BANK, Shanghai and Hongkong.

NATIONAL CITY BANK OF NEW YORK, Shanghai and Hongkong.

SHANGHAI COMMERCIAL & SAVINGS BANK, LTD., Shanghai.

SOLICITORS

SCHUHL, DAVIES & N. E. LURTON, 141 Szechuen Road, Shanghai,

TEESDALE, NEWKAN & Co., 15 Peking Road, Shanghai.

AUDITORS

SETH, MANGELL & MOLURE, Chartered Accountants

9, Avenue. Edward VII, Shanghai. GENERAL OFFICE

138 Szechuen Road, Shanghai. PROSPECTUS

The objects for which this Company has been formed are as contained in the Articles of In- corporation and Bye-Laws of the Company, and in particular to acquire, take over, operate and control a groep of the leading motion picture theatres throughout China and the Orient generally. Mr. Lo Kan, who has consented to serve as the first Managing Director of the Company, in well known throughout the Orient and America as a pioneer in the motion picture business in China and Hong Kong. He has had a long and wide experience and has a specialised knowledge of all branches of the cinema industry. Mr. Lo Kan has achieved outstanding success as one of the promoters and Managing Director of the Hong Kong Amusements, Ltd., Hong Kong, since its incep- tion, and he directs or controls more than 30 of the leading cinema-theatres in China and Hong Kong, of several of which he is the owner, and some of his several appointments are as follows:--

Managing Director:-"

HONGKONG AMUSEMENTS, LT

CHINA THEATRES, LTD.

Director:-

YANGTZE AMUSEMENTS, LTD.

EASTERN AMUSEMENTS, LTD.

Member of Committee of Management:-

CATHAY AMUSEMENTS, LTD.

Chairma., Board of Directors:

NORTH CHINA AMUSEMENTS, LTD.

Part of the proceeds of the present issue will be used to acquire-

(a) Control of a minimum of 40 of the leading motion picture theatres in Shanghai and out-

ports under an agreement entered into between Mr. Lo Kan and the Company.

(b) A majority share interest of the Hong Kong Amusements, Ltd., under an agreement entered into between certain shareholders of the Hong Kong Amusements, Ltd., and the company.

(c) Control of the Puma Films, Ltd., and the Theatre Equipment Co., Ltd.

The estimated cost of obtaining this control is Tis. 2,300,000,000 and is based on the past working of the theatres at present in operation.

It is intended to use the balance of this issue, viz., Tla. 700,000 for the erection of studios and the production of Chinese pictures and also for obtaining control of further theatres where advantageous to the Company.

Negotiations are at present in progress for the lease on long term of 22 mow of land for the erection of studios. Modern equipment for the taking of sound pictures has already been pur- chased and an expert from the Radio Corporation of America is due to arrive in Shanghal shortly to supervise the erection of the studios and the installation of the equipment. The Company intende to lease studio units to local companies and to encourage further Chinese companies to make sound and talking pictures. Not only will the Company obtain a handsome return on its capital by leas ing these units, but will also obtain a first refusal on all pictures produced at the studios.

When it is realised that good Chinese pictures run in the cheaper-priced theatres longer than any foreign picture, the vast possibilities of Chinese pictures will be recognized.

There are less than 100 modern theatres in China, a strikingly small number when compared with the approximate number of 1,400 motion picture theatres in Japan, illustrating the immense potentialities of the motion picture business throughout China, which is at present in its infancy. The theatres to be acquired will accommodate the release in China of the principal foreign producers with whom the Company, through Mr. Lo Kan, will have the advantage of favourable contracts already entered into, and to afford releases, of Chinese productions which will shortly be available from several Chinese producing companies. WARAN

The Shanghai theatres will be well distributed, throughout the city and each is especially designed to fulfil the particular requirements of the community in which it is located.

THURSDAY, JULY 14, 1932.

HONG KONG STOCK EXCHANGE Opening Daily Official Quotations, July 14, 1932. Next Settlement Day, Tuesday, July 26, 1932.

STOCK

Banka

Buy Sell Sale Now

La dividend and when paid

Hong Kong Bank ...... (1500)

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H.K. Lands...................... Shanghai Lands ...Tis. Metropolitan Lands Tis. Humphreys e

H. K. Realder ......$. | Asia Realties "A" ...MS | *** .****! ...M$ | *** Chinese Estate ......6 } *** China Realties curs.Th. | de China Debentures..... Tl. }.99*

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3. C. Enterpřišća.

Among the many obvious advantages to be obtained from the consolidation of a large group cs, Enerma of motion-picture theatres under centralised control, operation and management, may be men tioned considerably reduced overhead expenditure, and increased revenue resulting from a selected distribution and better exploitation of the latest pictures.

By having a chain of theatres under unified control the Company will be able to establish purchasing offices in the picture producing centres in the US.A., and England, enabling direct contact to be maintained with some 25 or more producers who have no direct representation in China at the present time,

The issued Capital of 600,000 Common Shares of Taels 5 each par value has been fully underwritten, of which 180,000. Common Shares are now offered for public subscription in the terms of this Prospectus. If more than 150,000 shares are applied for applications exceeding 1,000 shares from each applicant will be allotted pro rata to applications.

The original Directors have been granted the option of acquiring at par (Taels 5 each), within one year from the incorporation of the Company, 50,000 shares of the unissued Capital of the Company.

plications for shares should be made upon the

Company Bankers at Shangad or

ares allotted in less than the

will be

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Auctions

CO. LTD.