THE DAIRY FARM CO., LTD.
ANNUAL MEETING.
The ninth ordinary yearly mooting of share. holders in the Dairy Form Co., Ltd., was held at the company's town office yesterday afternoon, Dr. J. W. Noble (Chairman of the board of divuotors) presided, and there wore also present: Messrs. E. Osborne (director), J. Walker (manager), A. Beth (scoretary), J. E. Bingham, E. W. Ruiter, A. Forbes, H. Underwood and A. Stevenson.
The Secretary having read the notice calling the meeting,
THE CHAIRMAN said-Gentlemen, Following the usual custom, I will, with your permission, takens read the report and accounts as prosented, they having been in your hands for some days. It is with much pleasure that we are able to meɛt, you again after another good year, During the period under review we have silded largely, and yet economically, to our hoad of cattle. We have made our purchases in America, Australia and Scotland, our endeavour being to raise the standlard of our herd by introducing ouly well-bred, good milk-producing animals. The actuel value of the herd has now become so large that we recommend you to transfer from the year's profits to a Cattle Roserve Fund, the sum of 825,000. This fund - intend to keep in a liquid form so that it can at short notice he applied to the paroloss of atosk should that, for any reason, become necessary. Yonwill, I know, be disappointed to hear that the frozen food bushess has not boen as profitable as we anticipated. The public. I am sorry to say, have not given me the support which we hoped and expected to receive, and which one would supporo they would bare given if they had con sidered their own interests, especially us wa appeared in the field at a time when it seemed as though the people of Hongkong were to bo completely at the mercy of the meat g'uilds, an'l priers wore continually rising without any good or adequate reason. Our appearance immedi ately checked this rise in price and later was the onuse of lower prices being demanded by the Chinese. You perhaps do not realise that there is really not the difference between our rates and these ruling for Chinese meat as would st Arst sight appear. You can at least depend on getting full weight, besides which, it is now well recognised by those bost akle to judge, that one pound of our meat is equal, if not superior, in murishment to one and a quarter pounds of the local urticle, this being the propor tion at which the Military authorities now Those of you serve the Garrison rations. who are particular about your meat supply should come here yourselves and make your own selections, and this we hope you will do. I your wants are not fully and well satisfied, complain about it in writing, and we will cadeavour to make such changes as will enable you to get exactly what you require, but please bear in mind that if you and your friends de not in the future sapport us more heartily, Hongkong will loss what we consider to be avory important branch of the Company's business, t.c. frozen food. Before proposing the adoption of the report and accounts, if there ate any questions you would like to ask I will be pleased to answer them.
Mr. UNDERWOOD-I rkvuld like to ask a question with regard to the cattle, How many hout is represented by $61,174 and how does it compare with last your
The CHAIRMAN-Of course you must re- member, Mr. Underwood, that the cattle are purchased from day to day, from week to week.
Mr. UNDERWOOD-Yes.
The CHAIKHAN-We are always losing cattle and we are always replacing, so that the cattle account is a Austrating one what we tell you to-day won't apply to-morrow.
Mr. UNDERWOOD--Truu.
The QUAIRMAN (on being supplied with the figures)--The total herd in August, 1904, was 307 bead. The total herd this year. is 357 bred. That is date to date.
Mr. UNDERWOOD-Yes, I should like to know how many farm lots you buvo?
The CHAINMAN-We have a good many lots
in one way and another. Do you mean Low many we own P
THE HONGKONG. DAILY PRESS, FRIDAY, NOVEMBER 24TH, 1905.
The CHAIRMAN-It is for you to recommend otherwise if you think so.
Mr. UNDERWOOD-It seems to me a case of the company doing anything to give us a smaller dividend,
The CHAIRMAN-There you are wrong, Mr. Underwood
Mr. UNDERWOOD-The company has had a successful year, and you actually pay less than the last time a dividend was paid.
The CHAIRMAN-Ob
Mr. UNDERWOOD-I don't refer to last year but to the previous year. Last year the divi- dend was not paid in money,
-The CHAIRMAN-You mean in 1903.
Mr. UNDERWOnu-I do.
The CHAIRMAN-What do you make out wo paid in 1903.
Mr. UNDERWOOD-31.25. The CHAIRMAN--Yer.
Mr. UNDERWOOD-I think as the year was a batter one we should have a better dividend,
The CHAIRMAN-What peronatage is that? Mr. UNDERWOOD-14 was 38 paid up. The CHAIRMAN-You must remember ve hare capitalised a certain amount of our stock reserves which is bearing a dividend on the present year.
Mr. UNDERWOOD-Yes.
The CHAIRMAN-So that last year, 1904. to pay a dividend of $1.25 required $12,509, where this your we have given $20,000.
ME. UNDERWOOD-Granted.
Mr. UNDERWOOD-That is because you bave had a very good year, and we should get a larger dividend now.
SUPREME COURT,
Thursday, 23 November.
IN BANKRUPTCY." BEFORE SIR F. T. PIGGOTT (CHIF JUSTICS).
· APPLICATIONS FOR RECEIVING ORDERS,
In the case of the Kwong To Cheong exparte Chai Kwong Yas, Mr. Oito Kang Sing applied for u receiving order. The debtor's appeared for the petitioning creditor and sazats were estimated at $63,000, mainly book debte owing in the Straits Settlements, Australis, etc.; and the Kabilities wore believed to be $63,000.
2
CORRESPONDENCE,
AN INSANITARY VILLAGE. TO THE EDITOR OF THE “DAILY PRESS.
Hagkong, 23rd November. SI-A few days ago as I was strolling through the Yaumati district, admiring tho rapid growth of the place and the improvements which have been effected during the past dvo yours, I noticed a large number of newly built Chinese houses, north of the Police Station, these could not be lat, he replied that there socant. On inquiring from the owner why appeared to be no demand for houses in the loculity. On questioning him further I learned that the trouble was the insanitary condition of what is known as the Un Chan Tani village.
Mr. Wakeman (OMeis) Receiver)-I don't see The watshods which constitute this, he said, wore aracted on Crown land, the majority of where the substantial nasols come in.
them without permission. The village was in His Lordsbip-Neither do I. The application was adjourned for Mr. Otto Bithy condition, and a menace to the health of
the neigbhourhood. Kong Bing to fib a further affidavit.
Ro Wong Lee firm exparte Loung Tai Nam. Mr. Otto Hong Sing applied for a receiving The petitioning creditor filed an order. and that he owel Leang Tsi Nam $500 due on affidavit that debtor had suspended payment
a promissory neto,
Mr. Wakoma stated that in this eas they the petitioning creditor was not very accurate. wore all book debts. As a rule the information of His Lordship observed that the debts were
The CHAIRMA ---In addition to that we have given with great particularity, but the petition.
ing creditor sapplied these at his own risk.
The application was allowed to stand over. not asked you for one paany of capital.
Re Wai Ke firm, of 21 Central Market, exparte Lo Shun Tann, contractor. Mr. Otio The CHAIRMAN-I am sorry you look at it Kong Sing appeared for petitioning orediter in that way. If you were one of the old share-and applied for a receiving order. The firm holders you would congratulate yourself on tho owed the creditor 3880, due on a promissory The fact, than you have a much larger dividend, note, and had issued a notification that they from the percentage point of view, than you had suspended payment of their debts. have ever und before.
assets were belleved by the creditor to be 80,223 and the liabilities to be $9,000.
Mr. UNDERWOOD-Granted. It is only fair you should pay a decent dividend.
The CHAIRMAN-It is for you to propose a resolation if you are dissatisfied with the dividend and for the meeting to carry it. That is what we are here for to-day.
Mr. UNDERWOOD-Yes.
The CBAIRMAN-The directors have con sidered the matter very carefully and I think, porhaps, wo have studied it more carefully then anybody not familiar with the business. The directors devote more time to the affairs of the Company than they are remunerated for, but we are not complaining about that. Our object is to safeguard in every way we can the interests of the shareholders. If you are not satisfied with our management you can lora us out.
Mr. UNDERWOop-No, I didn't come here to
ask for a bigger dividend, bat when the Com- pany does well it is only fair that the share holders should receive the bencft.
The CHAIRMAN-I am very pleased to hear you say so. The directorsaro largely interested in the Company, and they themselves suffer more than anybody elsa in taking a small dividend, but perhaps you don't realize that that is a 50 per cent dividend. We are obligad to set aside $25,000 us a special reserve fund to weet any emergency that may arise at a moment; notice. Our cattle may be wiped out at any moment. I may have to tell yon to-morrow sbut up. It that the whole farm is is only by being careful and looking at the dollars as they come to us that we are able to present you with a report at all. I have been in an official capacity with the Company for many years and I have seen many ups I and downs. If it had not been for two members of the staff who are present in this room you would have had no dairy farm at all. I don't mention any names, but they are present at this table. It is only by being able to answer you careful that we at all. Anything you don't understand we shall be pleased to explain to the best of our ability.
are
Mr. UNDERWOOD-That was my object in asking these questions.
The CHAIRMAN-I propose the adoption of the report.
Mr. Wakeman said he could not understand His Lordship stated that there was clearly un how the creditor obtained his information. arrangement between the creditor and the debtor. It was not a proper case for bankruptcy. When the amounts were properly certified he would consider the application.
R& Kwong Tak firm exparte Cheong Shing Tong. Mr. H. K. Holmes appeared for the petitioning creditor and in support of his application for a receiving order statel that the bankrupt had suspended payment. He was also understood to say that four flems were reaping the benefit of the estate to the exclusion of the other creditors, and the object of the petition was to put all on the same footing.
Mr. Wakeman said it seemed a legitimate applicatios.
His Lordship-What would the costs be in a proseeding like this?
Mr. Wakemen-Between $300 and $400, The application was granted.
Ro Tin Po Lan firm exparts Loung Shan Kuo. Mr. J. Hays, for the petitioning creditor, applied for a receiving order stating that Mr. H. Harding opposed the application, and debtor bad suspended paymont.
On visiting the village I found it as described. At the foot of the hill I saw a man who said he was a coal coelia. Ho was erecting a small him whether he had obtained permission to do this he replied in the angalire. I trust matched with filthy material, and on ory asking that this will attract the notice of the Sanitary this monaco to the public health will have been Authorities, and that on my return to Yaumati rumored.—Yoass, ato.
PROPOSED
PROGRESSIVE.
AMATEUR PHOTOGRAPHIC CLUB.
TO THE EDITOR OF THE DAILY PRE26."
ON VIEW FROM THE 19TH INSTANT. At No. 4. Ios Hoven Stenet (Up-stairs).
PICTURES
THE LONG, HING
FOR
COMPETITION.
THE PUBLIC INVITED,
LONG, HING & Co.,
DEALERS IN PHOTO SUPPLIES.
No. 17, QUEEN'S ROAD.
39
JUST UNPACKED.
WINTER
MILLINERY
AND
SMART READY-MADE COSTUMES.
X.B-To tako room for the above we are offering a Large Assertinent of French Hand Made UNDERGARMENTS, REAL WHALE BONE CORSETS AND COMES AT LAID DOWN COST,
ALSO
BOOTS AND SHOES FROM WELL-KNOWN AMERICAN MAKERS AT REDUCED PRICES.
THE BURLINGTON,
2, PEDDER STREET, OPPOSITE THE HONGKONG HOTEL. Hongkong, 13th November, 1905.
A HONGKONG SCHOOL.
When people in England think of Hongkong they are spt to remember the place only as a tiny red det on the map. And when they think Hongkong, 23rd November.
of Chinamen, Hom-times they imagine them to DEAR SIR, Tho prosent Long Hing Pholebo a sort of funny people, rather like clowns; gmphic exhibition sooms to me a very good files have a similar exhibition in Hongkong. Such and I only regret that wo probably absil not
amateurs, especially for those starting photo an exhibition no doubt does a lot of good ta graphy here is the tropics. Just bays a glance at Mr. Harold W. Meril's a collection, does it not teach us lot in motiva, light, get up end even sawing of pictures Hongkong, the New Territory, Cruton and the West vivor with all their magnificent sceneries offer ample opportasity to amatours. Yourly or half yearly exhibitions showing the members' work, doubt- less will bring local amateur photographing to higher standard. I think it would be a great thing to start an amateur photographie club as it exists in various other coast ports, which as regards ecovery cannot rival with our beautiful island.—Yours truly.
a
AN AMATEUR.
POLICE COURT. Thursday, 23rd November BEFOR ME. F. A. HAZELAND (FIRST POLICE MAGIFÈRATE)..
DAMAGING THE KING'S PARK.
Sergeant Macdon: ld proceeded against Mella Singh for grazing cattle on the King's Park,
Kowloon.
The Sorgeant stated that since the new Ordiu- ance regalations govorcing the Park had been published, owners of cattle trespassad after dark.
THE
[1886
ROBINSON
PIANO CO.
whereas they are really very much like other schools are not so very nulike English saboola. mortals when you come to know them. Their There are in Hongkong two schools reserved for scholare of European British parentage." There are also several big colleges where English is taught to Chinose, Portuguese, and Eorums. One has an enrolment of 1,500; | "old boys" in merchants' offices all up and and not only may you find Qason's College down the coast of Chins, but also occasionally, when some governor of a Chines◄ provinos is ia difficulties because he does not know whether Annam is an island, be will send for and consult WE HAVE
can speak for thomsolves, and it would be a bis young secretary who was educated in our
very good thing if they would give accounta biggest school. These schools for the Eaglish phildren and the educated Chinese and others
of themselves in the League of the Empire Magazine, But I am now going to try and describe one of the 50 small schools where only Chinese is taught. I believe that any hoy who roads this will feel sare at least that Chinsite schools are not so very different from English schools. He might go on to think, if this is so, Chinese cannot be so very different from English after all. In a long, narrow room, lighted from the roof and by two windows at 10. DES VŒUX RD.
one end, is housed a school of 30 or 40 little Chiness boys hetween six and thirteen year s of age. There is one teacher, a thin refined-
looking Chisaman, dressed in a short white
i discusion arose on the question of procedure. In the prevent en e the defendant's cattly bod Jacket. It is summer, and very hot here under!
His Lardship announced that he would give
his decision to-morrow.
Ite Hau Fak Cheung exparte Hung Yuon Bank Mr. Boa vis for the petitioning creditor asiled clerk to prove notios having been adhibited to the entrance at the Court buildings
His Lordship-Posting a notice should be done by the court officials. I don't know whether there is any rule or not, bat in future sach posting should be done by the court officiak.
the tiles; so he has hung up his long coat of
TO-DAY
REMOVED
TO
OPPOSITE
dons considerable damage to the new roads in white crape behind his desk. Ho is calling the roll THE KING EDWARD HOTEL
the Park This was the first ease ander the now regaktiona.
Hi Worship inflicted a figs of $10, and warned the defendant that if he appeared before him again on a similar charge he would be dealt with severely.
LARCENY AS A BAIGHE.
Tegi Singh was charged with the lareany of 875 from an Indian watehiman at Shaukiwan
The evidence showed that the complainant
Mr. Beavia added that defondant had left the bad handed the money to the defendant to Colony.
The application was granted.
APPLICATION FOR A NEW ISSUE.
Ke Lai Hung firm exparte Ma Lang Ko. Mr. H. F. Hett gave notice of motion for a new issue, the question raised being whether a
Mr. BINGHAM seconded and the proposition certain man was a partner or not. was carried unanimously.
On the motion of Mr. UNDERWOOD, seconded
Mr. UNDERWOOD-Yes. Have you ang moru by Mr. RUTTES, Messrs. Maitland and Hind than you had lust year.
were re-elected directors, and on the proposition
Tho CHAIRMAN-We have not purchased of Mr. FoREES, seconded by Mr. STEVENSON. any alace last year.
Mr. UNDERWOOD-You have some on lease. The CHAIRMAN-YOB.
Mr. UNDERWOOD-I should like to know how many.
The CHAIRMAN-The number of lots wo havo is four. Some are divided up. I mean by that one lot would comprise several lots.
Mr. UNDERWOOD-In last year's report you named the different lots the company owned. That has not been done this year.
Mr. W. H. Polts was re-appointed auditor.
Tho CHAIRMAN-We are obliged to you for your attendance. Dividend wanants will bo ready for you to-morrow.
Mr. Fosnes proposed a vote of thanks to the Chairman of Directors and Staff.
The CHAIRMAN-We havo in his past devoted a great deal of our time, for which we don't get a great deal of remuneration, and we don't ask it, to the interests of the Company. We hops
in the future to devote as much time as in the
His Lordship said the issue would be directed Mr. Hett then made a motion for the wrest
His Lordship reserved his decision. of the man who was said to he la biding.
IN SUMMARY JURISDICTION.
BETOLE Mr. A. G. WISE (PUISKE JEDGE).
A CLAIM FOR COMMISSION. The case in which Chan Yun Shang, broker, ed Lai Sai Tusg for the recovery of $200, b.ing commission agreed to be paid to com- plainant for obtaining a mortgage of $20,000 Du certain premises, again camo bofora his Mr. C. F. Dixva appeared for Lordship.
The CHAIRMAN-Well, that holds good this past to those interests, and in doing so we shall plaintiff and Mr. Thomson for defendant. year. We have not made any increase this year. be safeguarding the interests of the shareholders (applanes). We shall continue to work to the best of our abilities,
Mr. UNDERwood-How many on please?
lease,
The CHAIRMAX-I was absent from the colony last year. About half-a-dozen.
Mr. UNDERWOOD-Cau I have an explant. tion as to what stock in hand includes.
The CHAIRMAN--As mentioned in the pre- sent report ?
.
Mr. UNDERWOOD-Yes. The CHAIEMAN-They indude all stocks which we carry for salo.
Mr. UNDERWOOD-Does it include capon and chicken:P
Tho CHAIRMAN It includes everything wẻ, have.
Mr. UNDERWOOD--And ther's regards the launch. The sum you have written off is au
The maeting then terminated.
LATEST STEAMER MOVEMENTS.
The Bestor Tow Boat Co.'sstz, Tremontsailed expected here this morning. from Manils on the 22nd inst, a.m., and may be
His Lordship held that plaintiff had scoured a man who has willing to advance the mortgage bat the transaction fell through owing to defendant's title being bad. Plaintiff performed hie part of the agreement and judgment would to entered for him with costs.
THE THEATRE.
The Zorilla Musical Comedy Company gave Royal last night and again proved themselves another varied entertainment at the Theatro to be urlistes of no mean order. As advertised, the programme submitted was ontirely different to that of the previous evening, consisting of
The C.N. str. Changahu, from Australian ports, left Thursday Island on the 20th inst., and is day here on the 4th prox. at daylight.
The C.N. str. Trinas left Kuchinot zu for this
amusing farce entitled "On Brighton Pier" pert on the 23rd inst. at daylight, and is due up-to-date songs, elever dunces, and a most hard on the 27th inst. at daylight.
The CP.B. str. Empress of India arrived at which brought down the house. Encores were Kobe at 8.30 am. on Tuesday, the 21st inst, frequent sud, judging from the continued preciated the versatile efforts of Mr. Lory's 12.30 p.m. yesterday.
clever company. Inkohama, where she was dus to arrive at
|
change for him at Hongkong. On his return do Shankiwon, Tegi denied having received the amount and asazalted the complainant.
His Worship sentenced him to six weeks' imprisonment with Lard labour
Barone Mr. C. D. MELBOURNE (SECOND POLICE MAGISTFLATE).,
DUMPING OPTUM. The remand ease in which Chung Fak and Tam Choi wore charged with dumping epium in a brothel et Shektouani was concluded.
The charge was amended to one of conspiracy to pervert the course of justice, and on this his Worship sentenced each of the d-fendants to st weeks' imprisonment with hard labour and six hours' stocks.
STEALING A MICSHA. Two coclies were proceeded agaikat by Inspector Smith for stealing a issha from its stand in First Street..
The owner identified the ricbo ng hin
vehiclo. property, also the night and day pullers of the
The first defondant said he got the rich from the second, while the second said he The first defendant war found not guilty of obtained it from a man at Wanchai, the charge, but ordered to pay a fine of $2 for plying for hire without a licence. The cood day's defendant w2K inprisonment.
sentenced
to 6 Ten
WEATHER REPORT.
The Hongkong Observatory yesterday issued The baremeter On the 22nd at 11.55 am. has fall-n considerably over China and Japon. the following report :--
A depression pussing to the Pacific to the pressure appears to be forming over Central China. Pressura is highest over the Yellow North of Hokkaido, and a second ares of low
Gradients are alight and moderate monsoon on
part of the China Sea. Forecast-Moderate to light E. winds; fair
AND
MESSES. WH. POWELL, LD.
Cheung Lok! Cloung Lok springs to his feet, bries Hi!' holds up his right haud and remains standing till the next name is called. He is dressed in a loose blue jacket, unbuttoned, of short blue-knickerbockers, and that is all which shows his small yellow person, item a pair His six inches of queue are plaited with a new string, which bobs about comically round his shaven hond, Lt us look at their lessons. Standard IV. are told of to write to their parents in China on the subject of the plague. A mighty soratching and rustling prevails, as they puar water into their palettes, and rob their ink sticks and smooth out their scraps of whitey-brown paper. Soon their brushes are ap work. To Father. Groat Mun. Little Son reverentially petitions. With these Prese uts Grosting, Little Bon at Hongkong is at peace and tranquil. Big Father, Great Man, be not anxious. This year there ain't no Plagas...: You will get your ear tristod for that lapse into the vulgar speech ✪ Little Sou). Standard 111. are doing geography. The lesson is un The our island, with the map bafore us." dance has just stated that the blue part (808) is heaven. There is a general tittar. Grubby pawa are wared imploringly by well-informed person,YPEWRITING Besides the. Union Jack
anxious to correct.
over the deer, there is a coloured shoot of fings upon the wall, and the questioning pursuos Yes, French ships come into our harbour. themsYes, that is the French flag.
Right, big white ships with book funnels,
Now, show me on the big map their water- road. And in this way we proceed from the known to the unimagined. Standard III. go Standard II. bring out their readers. A year back to their seats and the four roles, while or two back-poor children!-they would have had to recite the trimetrical classie, without understanding a single syllable. But that is not surprising. It begins in this way-
Man is originally By nature virtuous. Born one family, Conduct estranges de.
Now they have readers with pretty coloured pictures of animals and flowers, done by native artists. Standard I. are leberiously grinding out a plan of the schoolroom, their nows to their dates. They all work hard with an onderance that English children might wonder nt. Their memories are phenomenal, and they
enermous amount of money. Surely the launch and left again at 14.30 p.m, on Wednesday for applause, the people present thoroughly ap- fill prevail in the Formosi Channel and the hardly ever play in school,-League of the
does not depreciate to such an enormous extent as that?
N.
THE ROBINSON
PIANO CO., LD.
Hongkong, 21st November, 1905.
[2055
TYPEWRITERS CLEANED, REPAIRED, OVERHAULED.
UNDER
WORK TAKEN. Charges moderate.
F. A. V. RIBEIRO (lato of the Hongkong Typewriting Burana) M4, Queen's Read Central (Second Floor).
12479 Hongkong, 25th October, 1905. THE HONGKONG FROZEN FOOD
SUPPLY.
REDUCTIONS IN PRICES. CUSTOMERS are requested to note the
following reductions in prices.
50 ots. per lb. Schnapper 50 Australian Smoked Mullet
Oystar's, 22 doz. buttes $1.00 per bot.
1.90
2538 Hongkong, 9th November, 1905
5
#12
DR. NEWELL WILSON, DENTIST.
Latest American Methods. Zeasqueble Fees,
No charge for examinations. Office hours 9 AM to 5 P.M
No. 2, PEDDER STREET (next to the entrance to the Hongkong Hotal). Empire, by Edward A. Irving, Inspector of General Post Ofice and opposite to the side
Hongkong, July 5th, 1905. Schools, Hongkong.
1370
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