1937-03-16 — Page 2

China Mail 德臣西報 中國郵報 All

Page

SHOWING TO-DAY

At 2.30, 5.10,

• KINGS? 2.15 & 9.30 pm

ANOTHER WINGED VICTORY

For the producers, author and star of "Ceiling

THE HERDIC CLIMAX

OF ALL AVIATION TRI-

UMPHO BECOMES THE THUNDERING CLIMAX

OF ALL AIR DRAMAS!

CHINA CLIPPER

PAT O'BRIEN

ROSS ALEXANDER BEVERLY ROBERTS

KUMPHREY BOGARTA

THE CHINA MAIL, MARCH 16, 1937.

The STORY of

by FRANK C. PAPE

THE CROWN JEWELS

THE

GREAT RUBY

„THIS PRICELESS RUBY CAME INTO POSSESSION OF THE BRITISH CROWN IN 136% IT BELONGED TIEDON PEDRO] KING OF CASTILLE, SUR- NAMED "THE CRUEL"-WHO WIS AT WAR, WITH HIS BROTHER AND A FRENCH ARMY:"

THURSDAY

GRETA GARBO - ROBERT TAYLOR in

CAMILLE ”

with LIONEL BARRYMORE A Metro-Goldwyn-Mayer Picture.

4.SHOWS DAILY 2330-5 20° 720-9:30

MAJESTIC

THEATRE-

NATHAN ROAD KOWLOON

TEL 57222.

MATINEES. 20c - 30‹¤·EVENINGS. 20. ÷30<50<302)

TO-DAY, ONE DAY ONLY!

THE GREATEST MUSIC DRAMA OF ALL TIME!

CARL LAMMLE presents

A UNIVERSAL PICTURE

EDNA FERBER'S

THE FLOATING PALACE OF 1936! BOAT

SHOW

sering

IRENE DUNNE ALLAN JONES

-

A UNIVERSAL PICTURE.

TO-MORROW AND THURSDAY

"MISTER CINDERELLA”

with JACK HALEY and BETTY FURNESS A METRO-GOLDWYN-MAYER COMEDY HIT!

STARE

TO-DAY, ONE DAY ONLY!

Tensely Dramatic, Fearlessly Frank

"DAMAGED LIVES

Home

EDWARD III, FATHER OF THE BLACK PRINCE, LENTA FORCE OF ENGLISH TROOPS TO DON PEDRO. THROUGH THE SKILL OF THE BLACK PRINCE: AID- ED BY THE COURAGE OF THE ENGLISH SOLDIERS,DON PEDRO WON A DECISIVE BATTLE AT NAVARETTE IN 1367

AS A REWARD FOR THIS SERVICE

“DOR PEDRO GAYE. THE BLACK PRINCE HIS MOST-TREASUR ED JEWEL AN ENORMOUS RUBY, WHICH STILL HAS THE PLACE OF HONOUR

IN THE FRONT

OF THE STATE CROWN

giving the ro-

The second instalment of a fascinating series mantic stories behind the world-famous collection, the value of which is conservatively estimated at £5,000,000.

RETURN OF CAPITAL TO

SHARE HOLDERS

The Annual General Meeting of the ing, an Extraordinary General Meeting Vibro Piling Company Limited was of the Company was held to consider å held at the Hong Kong Hotel yester-Resolution to reduce the Capital of the day. Mee

Company by paying off $2.00 per share There were present Messrs. S. Mon each of the 32300 shares issued. Churn (Chairman) J. J. Basto and the The Chairman addressed sharehold- Hon. Dr. R. H. Kotewall (Directors), ers as follows?

F. E. D'Almada Remedios' (Secretary) The Company commenced operations and E. W. Blackmore, C.-H. Basto, early in Jammary 1930 with an issued Lam Shu Chnen, Lo Pang Tin, Yeung Capital of $70,750.00, with one Plant Pok, L. Weill, M. Weill and L. G. Ri- and a working capital of approximate- beiro (Shareholders).

|ly $25,000.00.~ After a few months the The Chairman said:

need of an additional Plant was felt, Gentlemen, from the Profit and Loss and the issued capital was increased to Account you will have observed that $105,000.00 for the purpose of acquir- after providing for depreciation in the ing this second Plant. sum of $7,379.70, the net profit for In 1931 we made an investment in the year

amounts to $25,842.76, a the Shanghai Company to operate the showing which I feel certam you will "Vibro" system in that field. This in- concur with me is highly satisfactory vestment was made partly from profits Turning to the Balance Sheet, Iand partly through an increase "în think you will find that this statement capital. Unfortunately, however, the is very straight-forward and hardly Shanghai Company proved a failure, requires any comment except perhaps, and the whole of the investment has the observation that the items Invest since been written off from profits. ment on First Mortgage shown at It is mainly on this account, Gentle $30,000.00, -Secured Loans at $21,- men, that the Company finds itself to- 000.00 and Cash in hand at $55,386.37, day in possession of a Capital very reflect in a very vivid manner the ex- much in excess of its needs. and inas- cessive capital on hand. However, as much as you will have gleaned from this feature of our situation will be the circular letter addressed to you dealt with fully at the Extraordinary that the proposed reduction of Capital Meeting which is to take place after would not in any way impair the pro- the present Meeting, I will defer un fit earning capacity of the Company, til further reference to it until then. your Board, after the fullest considera- Of the Accounts Receivable shown at tion, has come to the conclusion that $21,059:40; only: $3000% remains unpaid the best interest of shareholders, 83 at date, this sum being the retention well as the Company, would be served money of one of the Contracts com- by returning $2.00 per share on the pleted last year. We expect the re- 32300 issued shares of the Company. lease of this retention sometimes next

KELY POLI

I would like to avail of this oppor

Nominal Capital Reduced

With these observations, Gentlemen, tunity to tell shareholders that the I formally propose the adoption of the year through which we are now pass-following Resolution. ing has started under very encouraging conditions, and I have every reason to hope that when we next meet it will be possible to present as favourable *a showing.

Für out of the beaten path of motion picture

More absor

With

forma

is Life itself,

from

We

THIS IS A MEDICAL EDUCATIONAL FILM

TD GIVE MY LIFE”-

STANDING FRANCE: DRAKE-TOM BROWN

“TO- MORROW

SIR GU

Immed

Gentlemen, that the Report and sented, including the 417 Loss Acce count

"That the nominal Capital of the Company be reduced from $215,000:00 divided into 42000-shares- of - $5.00 each to $150,400.00 divided into-10700 shares of $5.00 each and 32300 shares of $3.00 each and that such reduction be effected by retuning paid up capital to the extent of $2:00 share to the shareholders 32800 shares of $5.00

have been fasued.

I shall be pleased if someone would second- the motion:

The Resolution was seco

LG. Eibeiro

mously, after

nounced that a

unani

to give effect to the Resolution wou Meet be taken forth

Comments

Approved members can add comments, bookmarks, and private notes.

No comments yet.

Private Research Note

Private notes are available after approval.