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health resort not only by the European community of Hongkong but also by numerous visitors from other Eastern ports and American.
3.
The Hotel was originally erected by the "Austin Arms Hotel and Building Company Limited" registered in 1888, which also owned a terrace of houses known as "Mountain View". The original capital of the Company was $200,000, which was subsequently increased to $480,000 by the issue of Debentures to the amount of $100,000 and by raising a further $100,000 and $30,000 on first and second mortgages. The "Mountain View" property was subsequently disposed of at a loss of some $105,000, the Company went into liquidation, and the Hotel Property was finally purchased for $180,050 by Mr J. D. Humphreys, who recently sold it to the War Department.
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health resort not only by
and American
the European community of Hongkong but
also by
numerous visitors_
from other Eastern ports.
3.
The Hotel was origin
ally erected by the "Austin Arms Hotel and Building Company
Limited registered fin
in 1888 which also owned a terrace of houses Known as Mountain View ." "The origin.
al
I capital of the Company
was $200,000, which
was
sub.
sequently
D
sequently increased to $480,000
by the issue
of Debentures to the
amount of $100,000 and by ~
Sund
of
raising two further $100,000 and $30,000 on first ~ and second mortgages. The "Mountain View" property
was
subsequently disposed of at a
loss.
some $105,000, the Com-
was
of some -pany went into liquidation,
and the Hotel Property finally purchased for $180,050 by Mr J. D. Humphreys, who recently sold it to the War Departmen
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