TUESDAY, MAY 22, 1934,
CHINESE ESTATES
·SHOW PROFITS.
Same Dividend Declared As Last Year.
SATISFACTORY YEAR DURING DEPRESSION
An increase in profits. tatal ling $11,712.03 over the previous į year, was reported by Mr. Foo Sik, who presided at the eleventh ordinary yearly meeting of thej Chinese Estates, Ltd., held at the Company's offices. China Building at noon to-day.
Others present at the meeting were, the Hon. Dr. R. H. Kotewall, C.M.C. LL.D., Li Yau-tsun, Leung Kwai-din and Fung Ping-fan (Direc»] tors) and Lui Po-kwai, Lo Chung;} wan, Fung Ping-wa and Mr. D. A.1 Purves (Shareholders).
In proposing the adoption of the report and accounts, the chairman, Mr. Foo Sik, said:
"The net profit for the year, after] providing for Reserve for Deprecia- tion on China Buildings ($30,000),! Bad and Doubtful Debta ($53,222.- | 42), and Directors and Auditor's Fees and other expenses, in $82,- 763.31 which, added to the $366.- 566.43 brought forward from last necount, makes a total of $449,319.74.
*The $63,222,42 under the item "Bad and Doubtful Debts" repre- Rents the balance of Ng Chun-sing's defalcations, and is now written off in pursuance of the proposal made by your Directors and approved by| you at the last annual meeting.
Sugar Bride for French Scion
Mr. and Mrs. Jaan Dupuy
Standing before the cloth of gold-albar in the New York hotel where they were married, Jean Dupuy, son of a former French Senator, and his bride, the former Miss Dorothy Spreckels, of the wealthy Californie sugar family, make a happy bridal caple, After the honeymoon they Will live in Faris.
FIREMAN CHARGED WITH THEFT
Clarence Terrace Incident.
•
"The net profit, as compared with that of the previous year, shows anj increase of $11.712.03. In view of the present general trade depression, this, I trust, will be regarded by shareholders as being very satisfac- tory. You will also be pleased to hear that owing to the advantageous
CASE REMANDED. situation of China Buildings, every shop space and practically every!
Appearing on remand before Mr. at the Central room on the upper floors has been E. W. Hamilton
Magistracy this morning, the case let.
4
LONG FRAUD CASE
TRIAL OPENS
Tailor Identifies All Three Accused.
STOREKEEPER WHO PAID
$250 ON DEPOSIT
THE
Commilled for trial on May 4 of Cheung Kit, fireman No. 80, on a total of 13 counts of fraud $8 Dividend Declared. stationed Rt the Central Fire Jose Lizarraga, Wong Sau-mo,
Station, who is charged with the
and Nicholas "As you know, two dividends of theft of jewels to the total value
Levitsky, alins $2 each per share have been de- of $459, at No. 8 Clarence Terrace, Lemon, pleaded not guilty before clared and paid to you, and your the scene of the Hong Kong and His Honour the Chief Justice Directors are glad to be able to re- and China Gas Company explosion. Mr. commend to you a final dividend of on May 14, was remanded until Supreme Court this morning.. 34 per share, making $8 per share Friday afternoon. In all for the year. This dividend
When he wass arrested on May
A. D. McGregor, at the
Mr. J. H. Fraser prosecuted on
CHINA MAIL.
-To-day's Short Story.
THE SWALLOWS
FLY
By Robert. Nicholl Caddell,
FLYING, high above the fields, meant. They were sounds full of in the empty air, in the love and sorrow. She, too, had morning, the swallow sang of his felt, and understood, the signs of love for his mate.
the dying year.
The morning air was cold with She hopped along the edge of a new coldness. And, tasting this the nest, auffing her feathers and new coldness, the swallow knew fluttering a little. She hopped up that the season was at an end. close beside him," and looked down Already the other swallows were at him with anxious female eyes. gathering. With each succeeding She kept clutching at the edge of morning they gathered in greater the nest with her feet, looking at numbers in front of the farm, ut-him anxiously.
tering urgent noted. But the The swallow nodded and twit- swallow did not join them. For tered. She wagged her head at twelve days his mate had not quit him. The sounds in her throat ted the nest. She had remained grow deeper. She gave several all that time with her little body little hopa and glanced from him huddled down above the four to the chick and back again. Then eggs, staring out under the caves she began swaying and bowing at into the sky.
[him, and gurgling in her throat.
The swallow fed her during the She gave him a shy bird-glance; day. With the first light of the then she touched the chick quick- day he left the nest to hunt for ly with her beak. She was giving her. On this early hunt for food him the chick as a love offering.
TO-MORROW'S STORY
To-morrow's story will be "The Urn," by Louts Brom- field.
he always few low down where the dew lay heaviest, and where be could find most insects. He hunt- ed along the hedges and under the boughs in the orchard, or in the garden. He brought her mosquí- toes, and gusts, and flies; and the legs of spiders and grasshoppers;; and the wings of bees and blue- bottles; and bits of the wing of
The swallow looked at the throb- butterflies, brightly coloured. Tebing in her throat, and at the li- also brought her water from the lac-pearl at her throat feathers, folds of the grasses.
and at the soft feathers on, her had been stained
But this day he had not paused breast that to hunt for her, but soared slightly when the egg broke and straight aloft through the mist crushed during her long stay on the nest. He saw that she' waa weak and thin, and his heart flled: with love for her,
into the morning.
The chick had been born at last. One chick from four eggs. He had seen it on wakening.
SICKNESS, Like ACCIDENT,
Is No Respecter of Persons.
It visits rich and poor-high and low, It often comes when least expected, Hospitals have no "off season," Most physicians are overworked.
Accident and Sickness.
DIG
DEEPER
into one's savings every minute.
Be fully protected in the event of ANY KIND OF SICKNESS or ACCIDENT By The
"IDEAL" Accident and Health Policy
With Special Benefits.
Issued on behalf of
ASIA LIFE INSURANCE COMPANY
DELAWARE, U. S. A.
by AMERICAN ASIATIC UNDERWRITERS '
the
HEAD OFFICE
The swallow soaring A small grey body, hairless like morning sky thought of his mato a bat's wing; not like a bird, on the nest and turned and plung- His mate, When he had wakened, his mate ed towards the land.
the nest beneath was perched on the edge of the watching from
the caves, saw the shadow of his She nest looking down at him. saw him looking at her, and she wings upon the ground, and her cocked her head on one side, and heart leapt and pattered as it al
ways did when he returned. made small noises in her throat.
Ke knew what those noises
$1,000 IN SILVER UNMANIFESTED.
Revenue Officer's Haul
On "Nanchang.”
before Mr. E, W. Hamilton at the
For importing three bags of is the same as that of last year, and 16, at 7 a.m. accused wat In pos- behalf of the Crown, and the defen-silver, valued at about $1,000, into hard times it will be considered session of a gold bangle, 11 cur- dants were unrepresented.
the Colony, without manifestation, your Directors trust that in these rings, a gold
chain and appen- satisfactory.
The jury empanelled were Mr. E. on board tht s.a. Nanchang last "From the total net profit of gold rings, a brooch, three rings, E. W. Coulson. Fung Chick-u Central Magistracy this morning.
dages, four hair ornaments, three J. R. Leitas (foreman), and Messrs. Monday, Chu Siu-kan was brought $449,319.74 have to be deducted the three pieces of jade and three Richard Shim, Ng Chu-ping, Cheung first and second interim dividende purses, to the total value of $469, Kit-sang and H. Saurbeek.
Evidence was given by Mr. already declared, leaving $383,319.74. belonging to the occupant of No.
Nanchang this morning. Walker, second officer of the Your Directors have decided to re-8 Clarence Terrace. commend the apportionment of this Accused denied the theft,
sum in the following manner:-
To pay a Gnal dividend of
said that he put them in his ket, because if he did not,
The main charge against the de- fendants is that conspiracy to de-
Once, twice, three times bis shadow swept along the ground as he circled overhead. She followed his shadow with her eyes, bending her head. She edged over a little In the nest, drawing the chick to alight. The sunlight fell with her, to make room for him into the pale bowl of the nest and on to the three lifelong egge, she heard the rapid beating of hlaj wings, the sunlight darkened, and her In another moment he was besidej
Then
He had brought her a big blue-
her, not putting the bluebottle bottle in his mouth, He sat in the i nest, panting slightly, looking at S. down. She made happy noises at 4.him, winking her eyes.
He. wag- ged his head at her from side to) Mr. T. P. K. Kamble appeared side and rapidly brushed his wing- and fraud by carrying on an apparently for the accused. poc-genuine business as ships chandlers,
sound. They bobbed and blinked stating that they were willing to pay next Monday for further evidence at one another with pleasure.
case was remanded until tips together with for goods bought,
Revenue-Officer A. W. Grimmitt
He rose and hopped on to the edge of the nest, and laid the blue. bottle on top of the three lifeless eggs. She looked
they
$4 per share, absorbing $ 68,000.00 might have been taken by someone To carry forward to new
jelse.
The Count
317,319.74
$383,310.74
"It is hoped that this proposal will meet with your approval.
"Before moving the adoption of the Report and Accounts I desire to express my appreciation of the close co-operation of my colleagues on the
COUNSEL BRIEFED FOR INQUIRY
Sequel To West Point Gas Explosion.
Board of Directors and also of the FOUR INSURANCE COMPANIES
The
$150 Fine For Ingots
Levitsky is stated to have obtain-prosecuted, ed $438.75 by fraud from Messrs. Mustard and Co., and three sums of $141.11 from Messrs. Relsa Massey' and Co.
8
at the
squeaky
17, The Bond, Shanghel
FED. INC., U. S. A. General Agenta.
HONG KONG OFFICE:
Asia Life Building Tel. 30234
ALL Sickness and Accident Insurance (Not only certain specified and unusual discases !)
The Policy provides indemnity for noeldental loss of Life, Limbs, Sight, Thumb and Indit Finger, Toes or Fingers, Disloca tion of Joints, or Fractured Bones, and in addition, Hospital Ex- penses up to 500,00. It also covers Hospital and Surgical Ex- penses up to the same amount for other "accidental injuries. Por minor injuries, not requiring hospitalization, Medical Expenses are covered up to 50,00,
Ordinary Sports, such as horse-riding, polo, racing, football, etc., are covered without extra charge.
Any Bicknean contracted while the Policy is in forcs and of more than seven days duration is covered. Also, Hospital and Sur- gical expenses, incident to such sickness, in covered up to the amounts specified on opposite page..
A discount of 10 per cent, is allowed on the sixth year's pre- mium-thereafter, per cunt, for every five-year period.
Policies are World-Wide and are issued in any currency, Age limit: 16 to 55.
ANNUAL PREMIUM
according to Occupation of Applicant.
ACCIDENT BENEFITS,
For Accidental Loss of
Life
10,000,00
Two Limba
10,000,00
Within
Two Eyes
10,000,00
blue-
One Limb and One Eye
90 days
10,000.00
One mb
from-
5,000.00
One Eye
date of
8,382.25
One Thumb and Inder Finger of Right Hand One Thumb and Inder Finger of Left Hand
accident
2,500.00
2,000,00
A fine of $150, in default three bottle critically, her head on one months' hard labour, was imposed side. She picked up the blue- Wong is stated to have defrauded on Yeung Lun, by Mr. E. W. bottle in her beak and hopped on Mesars. Jardine, Matheson and Co., Hamilton Ltd., of $271.50, and, with Lizarraga, Court this morning, for importing him. The chick opened wide his at the Central Police to the edge of the nest beside
he is stated to have defrauded three silver ingots into the Colony, mouth. His eyes were closed by Messrs. Butterfield and Swire of unmanifested, on board the s.s.lids that were like thin, stretched $623.
Chung On yesterday.
rubber. She shook the blue bot- Lizarraga is stated to have de- Revenue-Officer Grimmitt pro-tle, and fell on to the three eggs, frauded Messrs. Anderson, Meyer secuted.
leaving a wing in her beak. She Mr. Lo Chung-wan seconded the
and Co., of $180, and to have obtain.
dropped the wing into the chick's report and accounts which were car-ters, have been retained as counsel Messrs. Luhring, Smith and Co., andị Some of the leading local barrie-ed goods by false pretences from
open mouth. ried unanimously.
for the official inquiry to be held also from Messrs. Wang Bros. into the Hong Kong and China Gas
(Continued on Page 6). Company's gasometer explosion
Secretary, Mr. Fung Ping-fan, and other members of the staff.”
Directors Re-Elected,
INTERESTED
"Under the Articles of Associa-which occurred at West Point tion of the Company, Messrs. Fung May 14.
Ping-fan and Liang Ting-kai retiro
The Interested parties are
оп
the
· GAS EXPLOSION- TOLL.
as Directors, but offer themselves Hong Kong and China Gas Co., Ltd.;
for re-election", continued
four Insurance companies, namely the Chairman. "Although Mr.
the China Fire Insurance Co. Ltd., Lau Tak-po's name was included in the the British Traders Insurance Co. notice calling this meeting as one of Ltd., the Commercial Union Assur- the Directors offering themselves for ance Co., Ltd. and the South British re-election, it has been found that Insurance Co., Ltd; and certain under Article 105(b) of the Com-property owners whose nanies pany's Articles of Association he is not disclosed.
•Counsel retained -include
OPIUM SEIZURE IN CONNAUGHT RD.
288 Taels Carried In
Suit Case.
From the edge of the nest they could see against the uncionded sky red berries on the dog-zošs.) The swallow dropped from the nest, circled high in the air, and came to rest on the spray of red berries, shaking down the dew. For being in possession of 288
Balancing taels of oplum, hidden in a sultbranch, swinging a little up and on the alender case, in Connaught Road Central down, he called to her. She an yesterday, Chan Chu-lung, was swered him, softly, but did not fined $1,150, in default 10 months' move from the rest.
He sprang hard labour, by Mr. E. W. Hamil from the branch and flung himself ton at the Central Magistracy this skywards with dramming wings. morning.
He turned, twisted, and swooped Revenue-Officer Grimmitt paid down towards the nest and landed that accused was on his way to on its edge. He uttered shrill, ex- Santha Singh, an Indian watch Shanghai.
cfted cries. He fell again from man of the Hong Kong and China!
the next and again soared up.
Death Of Second Indian Watchman At G.C.H.
are
+
three
от
TOTAL FATALITIES 39
Gas Works, died at the Government STAGNATION ON WALL STREET wards. High in the air he rang- Civil Hospital yesterday, as a result
a nominated, and not an elected, member of the Board, and he has of the leading members of the Bar.. been duly nominated under that ar- derstood, will be appearing at the Mr, Eldon Potter, K.C., It is un- ticle
I therefore move that only inquiry for the Gas Company, -Mr. Fung Ping-fan and Mr. Liang
Ting-kat be re-olected as Directors instructions from Messrs. Deacons plosion at West Point on Monday, of injuries received in the Gas ex- of the Company for the emenins r. H. G. Sheldon, instructed by number of fatalities to 89)
whilst Mr. F. C. Jenkin, K.C., with May 14. His death brings the total Messrs. Johnston Stokes & Masters. There are still 24 casos at the hos Mr. Ld Fo-kwai soconded this pro- will represent all four Insurance pital which give cause for anxiety. posal which was carried unanimous Companies. At the same time, it is understood that Mr. Jenkin has also
your,"
ANGRE!
On, the proposal of Mr. D. A been instructed by Mesars. Hastings Purves and seconded by Mr. Fung Co., to watch the interests of the Coroner, Mr. EW. Hamilton will Plug wa, Mr. Id Tang, was re-elected property owners,
en have the nexistance of a special Auditor of the Company at No date has yet been fixed for the fury, comprising Mesars, P. Test muneration of $65 per annumeen lopening of the inquiry at which the D. Drummond and L. Dunbar,
ed, slanting and sawing, or swim- (Continued from Page 1). ming in long shallow gliden, or suddenly springing heavenwards "What?" Nervous Partial relief or suddenly falling with deadly North-west dampened local en The fed the chick by turns, one of the drought In Canada and the swiftness like a stone. thusiasm. There was some out-remaining on the nest while the
The above amounts will be doubled in the event of bodily in- juries being sustained by the Insured while in a Public Burning Bulding or while riding in a non-serial Public Passenger convey-
алес.
Special Compensations.
One or more Fingers
200
150
One or more Toes ..
Dislocation of Joints (as per Schedule) From 25 to 300 Fractured Bones (as per Schedule)
+, 825
Hospital And Surgical Expenses.
Hospitalization up to
500
Hospital and Surgical Expenses for injuries not specified
above, up to ************
(This expense in addition to indemnity payable ander
abova benefits)
800
Medical Attention for injuries not requiring hospitalization,
up to
SICKNESS BENEFITS,
Total Disability, up to 52 wesica.
Weekly Indemnity, per week Hospital Confinement, up to 12 weeks
Expenses, in addition to Weekly Indemnity, per week, zp Surgical Expenses as per Schedule, up to
to
500
(This axpense in addition to the Weekly--- Indemnity and
Hospital Expenses above) job.
No payment will be made for any sickness which arises with- in 21 days from the payment of the first premium.
In the Far East where income continues even during long periods of disability, the average person is more concerned with insurance which covers the expense incident to the disability than he is with 'a' Policy providing a bodów sekly ifademnity, anch quently does not roseć: his sucdál. Any injury or sickness of alserle ous nature requires special hospital treatment often a murgical oparation. The expense is immediate and considerable: “A Spocini
rently, needed.
side interest, but the action of the other hunted in the air. The swal-mergency. Fund to take care of these burdensoms, bills" la" pire,
market was very disappointing, Ing, circled the nest many times, "Cotton:- Conslabent selling was low, when he returned from hunt absorbed by the Far East and by ing, circled the nest many times, "price-fixing operations and limited singing his songs of love and
ulative demand."
"(Continued on Pasi 11)","
The bonetta payable under this insurance are designed to pros vids this: emergency, fund. This amounts payabla are flexible "when the expense la hanry, the indemnity is fargakuulaan apa
IT IS BETTER TO BE SAFE THAN, BORRY.
No comments yet.
Private notes are available after approval.