1937-04-28 — Page 4

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ALHAMBRA

DE

FINAL SHOWINGS TO-DAY

POWERFUL ROMANCE VIVIDLY TOLD AGAINST

THE BEAUTIFUL BACKGROUNDS OF THE SWISS COUNTRY ! THRILLING ! ABSORBING ! REALISTIC!

"WILLIAM TELL"

CONRAD VEIDT

HANS MARR Supported by Hundred of Talented Artists!

Directed by Heinz Paul A Terra Film Presented by Empico..

TO-MORROW "NORTH OF NOME"

A Columbia Picture

with Evelyn Venable •

Guinn: 'Big Boy' Williams

HARBOUR VIEW

PRIVATE HOTEL

ON

THE SEA FRONT

Chatham Road, Kowloon,

Phone: 56734

Proprietress Mrs. M. Gardiner

THE ARLINGTON

PRIVATE HOTEL

Mody Road, Kowloon,

Phone: 50126

Proprietress Mrs. M. Gardiner

WHITE ANTS DESTROY HOMES THOMAS COWAN & CO., DESTROYS WHITE ANTS End Your White Ant Troubles and Repair Bills. Consult the White Ant Exterminating Specialists

INSPECTIONS—ESTIMATES-FREE

Phone 30722 for particulars or write Queen's Buildings, Hong Kong.

URGENT!

SUMMER CLOTHING

ALL SORTS

AND SIZES

will be gratefully received by the HONG KONG BENEVOLENT SOCIETY 11, Ice House Street

on

MONDAYS THURSDAYS from 10,30 to 12.00 noon.

THE CHINA MAIL, APRIL 28, 1937.

CHINA PROVIDENTS MEETING

SCHEME FOR RE-ARRANGEMENT OF CAPITAL BEING PREPARED

A DEFICIT ON LAST YEAR'S WORKING BUT WITH SIGNS OF BRIGHTER BUSINESS PROSPECTS FOR THE FUTURE WERE REPORTED BY MR, S. M. CHURN, PRESIDING THIS AFTERNOON AT THE ANNUAL MEETING OF SHAREHOLD ERS OF THE CHINA PROVIDENT, LOAN AND MORTGAGE COMPANY, LIMITED.

Fines Imposed In Gresford Case

London,. To-day.

A SCHEME OF CAPITAL RE-ARRANGEMENT WAS INDI- CATED AS BEING IN THE COURSE OF FINAL PREPARATION.

'The' chairman said: Gentlemen, aufk||||||||||||||||}ET231331 Before we deal with any of the busi- ness of the Meeting, I think it is proper that I should avail of the occasion to place on remord an ex- pression of our deep regret at the death of our late Chairman Mr. Carlos Augusto da Roza. As Chair- man of Directors since February 1929, the late Mr. da Roza always took a very keen interest in the affairs of the Company. In his de- mise we have lost a most helpful and resourceful adviser, one. who would be difficult to replace.

SMALLER TURNOVER From the Profit and Loss Ac- count, you will observe that the net result of the year's working is a

Fines totalling £140, with £350 costs) were imposed on de- fendants in the Gresford mine prosecution.

Defendants were found not guilty on summonses concerning ventilation but guilty on eight summonses of failure to keep re- cords of the quantities of air in parts of the mine-Reuter.

CORONATION

Reception To First Arrivals

loss of $27,129.59. This unfavour-CHINA'S ENVOYS TO able showing is traceable to two main causes; firstly, a smaller turn- over of business, and secondly, though not less important, the un- duly severe competition with which we have had to cope, leading to un- remunerative rates for storage, both of which factors have contributed

London, To-day. The first of the Chinese delegates

to a shrinkage in the gross earn to the Coronation, headed by Mr. ings. Towards the close of the year, Wang Wen-hao, were welcomed at however, there were noticeable signs Victoria Station when they arriv of improvements, and it is to be ed in London yesterday, by the Chin- hoped that this favourable feature ese Ambassador, Mr. Quo Tai-chi, will develop during the present year. the staff of the Embassy, representa- CAPITAL REARRANGEMENT tives of the Foreign Office and Ad- miralty, and a large number of the Chinese colony in London.

Coming to the Balance Sheet, Gentlemen, I think you will find that this statement has been rendered in

Dr. H. H. Kung and Admiral Chen the usual form, and it seems only Shao-kuan are visiting Prague, necessary for me to remark that where Dr. Kung wishes to consult the transfer of the sum of $465,110.-a specialist regarding. his .... daugh- 85 from "Special Reserve for. Deter's eyes-Reuter. preciation of Property" to "Pro- perty Account" is the precursor of a scheme of re-arrangement of the Capital of the Company which your Board has under consideration, and in reference to which further in- formation will be given to share- holders in due course.

AMERICANS TO BE SENT HOME

Missed Boat And Stowed Away

During the year Mr. King re- signed his position as Secretary of the Company, and Mr. Guterres was Two Americans, Jack Richard appointed acting Secretary. The Dilliner, aged 21, and Henry Nidiver, Board has since appointed him to aged 20, were charged before Mr. the substantive post.

K. Keen at the Central Magistracy

An

I feel I ought also to say, Gentle- this morning with entering the Co- men, that although the year's work-lony without valid passports. ing has not proved fruitful of pro-expulsion order was made against fits, your staff has worked loyally them.

at

and diligently, and it would not be

Detective-sergeant Russell mið out of place if I were to suggest that defendants were formerly on that an appreciation of 'their sera ship but missed their boat vice be recorded.

Shanghai and stowed away on the With these remarks, Gentlemen, President Hoover to Hong Kong. I formally propose the adoption of They arrived here on Saturday. the Report and Accounts as

They had been to the American sented..

Consulate which is arranging for Mr. W. J. Carroll seconded and them to return to the United States. the report and accounts were adopt-

ed.

OTHER BUSINESS

pre-

seconded by Mr. S. A. Lopes.

On the proposal of Mr. W.

Those who attended- were:-- Carroll, seconded by Mr. M. Messrs. S. M. Churn (Chairman), Figueiredo, Sir Robert Ho Tung T. B. Wilson, P. M. Hodgson, N. and Mr. Li Tae Fong were re-elect-V. A. Croucher, J. P. Braga, and ed to the Board of Directors, while Li Tae Fong (Directors) and the Messrs. Linstead and Davis and following shareholders: Messrs. Messrs. Percy Smith, Seth and W. J. Carroll, A. H. Carroll, J. Tam Fleming were re-elected auditors on Hung, M. A. Figueiredo, S. A. Lopes. the proposal of Mr. W. J. Carroll, and A. E. Kew.

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