1938-03-11 — Page 4

Page

SHOWIN

TO-DAY KING'S

It cost a lochanai (wo-

Teori, te bring it, 10/ brident completion i

of romance, speciacie

and glorious timesści.

ཀ དུངས པ ཀློག

whose belange ste huse 7, 197

approached

Framette MACDONALD

and Cast ɔs

inautend+

The

FIREFLY

WIN AİLAN JONES

WARREN WILLIAM

„Bouched by Rohan 2. tonomet

In the

et last MUSICAL DRAMA!

Produced: by: HUNT STRÖMBERG.

The drept of file

ators afic

NEXT CHANGE

1230, 5.10

7.15 & 9.30 pr

Love Songil

“BAD GUY”

M.G.M. Picture

with BRUCE CABOT

[4 SHOWS

DAILY

2:30-5:15

7.15-9.30

TAKE ANY TRAM:OR HAPPY VALLEY BUS,

VIRGINIA GREY

ORIENTAL

FLEMING

-ROAD

WA CH TEL 28473

2DAYS TO-DAY • TO-MORROW

*

THE CHINA MAIL, MARCH 11, 1938.

GODOWN COMPANY'S GOOD YEAR: SUGGESTION FOR SPLITTING UP SHARES

MENTION OF AN ABNORMALLY SUCCESSFUL YEAR, GLOWING TRIBUTES. TO THE RETIRING SECRETARY, MR. F. H. CRAPNELL, AND A PROPOSAL BY SIR HENRY POLLOCK FOR THE SPLITTING UP OF SHARES IN ORDER TO LET IN SMALL INVESTORS, WERE THE CHIEF FEATURES OF THE ANNUAL MEETING OF THE HONG KONG AND KOWLOON WHARF AND GODOWN COMPANY HELD IN THE BOARD ROOM OF MESSRS. JARDINE, MATHESON AND COMPANY THIS MORNING.

The Chairman, the Hon. M Paterson, raid-

J. 1 On this question of the staff." I

should further like to express the gra titude of the shareholders to our re- The outstanding feature of the tiring secretary, Mr. Crapnell, who has year's working is the increase in re for so many years looked after our in- venue from all sources. Earnings for terests. We wish him long years of the first half of the year had shown a happiness in the Old Country decided increase over 1936 and then There is one point I should like to during the latter months receipts were mention, and that is a subject on further increased from the large quan- which I have addressed a letter to the tities of cargo, consigned to other Board of Directors; it is the question ports, which were forced on us. No of splitting shares. I hope it will re- InCZEZSES in rates have been 'inadeceive the consideration of the Dires- since trouble in the harth started. Itors as I feel that in a good, steady ·

DIVERTED CARGO

and progressing company such as this,

SIDE SPLITTING STORY OF A MYTHICAL KINGDOM! You will see the wide-mouthed comedian in one of the funniest pic- tures of his screen career. COMEDY RIOT OF ADVENTURE, THRILLS AND ROMANCE! capacity of the three being 22,000 |

The Crown Prince of Howlarity , în a Royal Rave!

JOE E.

BROWN

FIT FOR A KING

HELEN MACK

PAUL KELLY

Aa Edward Sedgwick Production.

Distributed by EKO-Ra-

dio Pictures.

STARTS SUNDAY

EDDIE CANTOR

HIS EATEST SMASH HIT

“ALI BABA GOES TO TOWN"

O MATINEES: 20c.-30c @ EVENINGS: 206-30c.-50c.-70c.

TO

DAILY AT

STAR

• TO-DAY ONLY •

The

The greatest of all adventures! The mast thrilling of all hits!

PRINCE

PAUPER

IN MARK TRG MALT

ERROL FLYNN CLAUDE RAINS HENRY STEPHENSON BARTON Musthofa ME THE MAUCH TWINS

BILYECES-

George Arliss

MORROW "THE KING'S VACATION

tons.

?

With the sudden influx of diverted there is no risk in letting in small in- cargo it became imperative to build vestors and no risk of rigging the further accommodation in addi-market. There is no reason why the tion to the various leased godowns small investor should not be let in on and spaces which had been acquired a good steady business of this sört. immediately. Accordingly. three The Chairman thanked Sir Henry for godowns of light construction were his kind remarks "I was going to ex- built, at a cost of $111,600.00 to ease press the gratitude of myself and the the situation és much as possible. Directors to Mr. Crapnell and our sor- These buildings were erected in some-row at his departure," he contimed, thing like record time, for from date"but es. I have been asked by Mr. of commencement they were ready for Crapnell not to so all I can do is to occupation within 21 days, the total endorse Sir Henry's remarks.”

The report and accounts were then adopted. We were fortunate to escape serious

OTHER BUSINESS damage from the Typhoon which pass- The appointment of the Hon. Mr. S. ed over the Colony during the night H. Dodwell as a director was confirmed of 1st September last. All launches and the re-election of the retiring di- and lighters were safely in shelter. No. rectors, Sir Robert Ho Tung, Mr. J. H. 1 wharf was slightly damaged by 2 Jessen, Mr. Lawrence Kadoorie and steamer drifting on to it. Otherwise Mr T. B. Wilson was approved. your Kowloon property was little the | Messrs. Percy Smith, Seth and Flem- worse. The wharf at West Point, be-ling and Messrs. Linstead and Davis ing in a more exposed position, lost were re-elected anditors. most of the decking and a number of The chairman stated that Sir Henry piles whilst the roofs of four houses Pollock's letter was received late yes- attached to the West Point Godowns terday afternoon and was now being were blown away. Part of the cost of circulated to the Board He assured repairs was recovered under insurance. Sir Henry that it would receive every attend following attended:-The Hon. attention

TONNAGE INCREASE During the year 908,900 tons of car- go were landed from 1255 steamers, Mr. J. J. Paterson (chairman), Mr. this is an increase of 258,520 tons over Frank Ausf. Mr. D. Drummond, the previous year whilst there was a Hon. Mr. MUT: Johnson, ME A FL decrease of 86 in the number of ves- Compton, Hon Mr. S. H. Dodwell, sels to discharge. ・・・

Mr. L. Kadoorie, Mr. J. H. Jessen. Mr.

Turning to the accounts you wiT. B. Wilson (Directors), Mr. F. E. notice that $22,200 has been expended Crapnell, (Secretary) and the follow on Lighters and there is a summ ofling shareholders:- Sir Henry Pollock, $70.800 outstanding. This expenditure Messrs. D. Mackenzie, A Mackenzie, represents a contract for twelve new Thomson, J. M Alves, J. Füllerton. D. lighters now being built to add to our F. Landale, G. W. Sewell, Kwok Hin- fleet. The necessity for this addition wang, C. A. L. Rickett and A. Bert- has become increasingly apparent dur- Smith. ing the year, existing craft have been fully employed and we have from time to time been compelled to hire outside

creet to cope with work afloat.

BONUS TO STAFF A

A considerable amount of extra work was carried out by the staff during the abnormal conditions which obtained during the last five months of the year, and in view of this, the Dires tors decided to grant a special bonus: which is shewn in the Profit and Loss Account

In view of the satisfactory result of last year's working your Directors decided to provide an additional $100,- 1000 for depreciation the concrete wharf which stood in the books at a high figure.

FASCIST GRAND

COUNCIL

DISCUSSION

Rome, To-day.

The Fascist Grand Council ad journed until 10 o'clock to-night The balance available for appropria after hearing a complete exposition tion is $1,164,41165 which inclures the amount of $208,623.14 brought for of the international situation from ward from previous year. Your Direc-Count Ciano, the Foreign Minister, tors recommend that this be dealt presumably including the progr with as follows:-

of the Anglo-Italian talks and the $765,000.00

Italian - attitude towards: recent events in Austria. 250,000:001 The almost entire absence of

Pay a dividend of $8.50 per

Share

Tra

erais

count.

Repairs &

Carry forward to

24941165 comment on the Austrian develop- ments has left the Italian-public 1,164,1165 bewildered regarding Italian policy. SER HENRY POLLOCK'S PEGPOSAL towards the Nazi encroachments.

ng adoption of the report Reuter

and accom Hocki

toes on work ar approve given to through had

the Hon. Sir Henry Pol- The magnificent figures be-

task an easy one but

The foremost musical picture of congratulate the Direr-present year, "The Firefly starring of the year's Jeannette MacDonald and Allan Jones that the shareholders and Warren William is the current heatre Jean-

bonus attraction at the King

nette MacDonald,

timph as the colos