SUPREME COURT.
Thursday, March 14th,
IN BANKROTCY.
BEFORE SIL FRANCIS PIGGOTT (CHI27. JUSTICE).
CHUNG MAN KOGʻD AFFAJES, He Chang Shanu-koo ex parte 8am-Che-churn. Mr. Locker-Your Lordship made an order that Ho Tung was to pay the costs of dus of the motions in this bankruptcy. thal action Mr. Slade appeared and curtain creditors were instructed by two sets of solicitors, eas policitor appeared for two creditors, and the other for three creditore and a debtor. Wa Pubait that only one set of Holicitors' costs should 'he allowed. Crealityre should not retaia separate
nolicitors unless they paid their own costs.
His Lorship-In the first place, the Toxing Master shall decide the question first, sad I think certain principles are laid down in the Bankruptcy Act.
Mr. Louker As your. Lordship plaanes.
Mr. Master-With reference to the same bankruptcy, suy Lord, about September last a sum of $2,20' was paid juto Court, by the Offcial Receiver in order to prevent the sale of
His Lordship-I always refoss these applica. Lions for release made directly after the back- ruptoy, as the granting of them defents the object of the imprisonment.
Mr. Thomson-Phis, is not intended an a punishment, but as a means of collecting the
debt,
His Lordship-I suppose it is intended| to put on a certain amoural of pressure?
Mr. Bowley-Yos.
Hi Lordship-Thon I cannot take the pressure off merely because the man goes into bankrapter. I don't think I can do it.
A POINT FOR CONSIDERATION. Re the Yee Yuen firm, o parte the debtors, This was a juublic examination conducted by Mr. G. II. Wakeman, Offcial Receiver,
Pan Shing-chi said be was the managing partner of the bankrupt firm of cotton yarn and opium destors. Them worn oight other partners, four of whom were dead, while the etber four were not in the Colony,
Mr. Wakeman--The same question ariven here, my Lord, as on a previous occasion-a dabtor's petition signed by one partner.
His Lordship-What was the act of bank- ruptcy?
Mr. Morrell, who appeared for debtor---Fu- ability to pay in debts. In this ense my partner is the only honest man of the lot. The ways to
corlaix of the debtor's property by public auction. Atibal time there was como soder-hear the breat slauding after the property was everitually sold that the money should be returned. The per-
non
who paid it is the debtor's brother and I am instracted to make application that the money should be repaid to him.
His Lordship-I think the simplest thing would be for the Registrar to report on the matter.
A KOWLOON VAILURE,
RI.W.B otthagy ex parte the debtor. Mr. F. J. (iris (of Messre. Wilkinson and Grist who represented the debtor, made an application on bobalf of the trustee that the bankrupt might be allowed to be paid out of the estate $200 for the maintenance of himself and family.
His Lordship-How long is that to last P Mr. Griet It bas really already been spent. Tho debtor has bem in hospital for some time, and has had to support his wifennd six children. He has no occupation at the present time en, of course, is living na oradit.
His Lordship is not this a case for the Bharp hospital?
Mr. Grist-Perhaps it is one of the fow occasions on which the Sharp hospital would be useful; at any rate, he is out of hospital
DOW
His Lordship-It has been lacided over suit over again that there is no such thing as the bankruptcy of a firm.
Mr. Morrell--It has been argued several times here, and held at one partner can sign a pétition.
about?
THE HONGKONG DAILY PRESS, FRIDAY, MARCH 15ru, 1957.
Fear he started business, he bought about $70,000 or $80,000 worth of yarn, and about the same amount in 1904. In February 1905 wilnass first made up his accounts, and found that with profita and capital he had 838,000, In 1907 he contracted to buy seven or eight million dollars worth of garn, shont 70,000 or 80,000 bales. He did not know from time to time how he stood floancially. Sometimes be bought yarn because customers asked him and somations ho bought without being asked to bay. Sometimes he saw whether he had enough monor to pay for the purchases, and sometimes he did not. When he entered into contracts in 1905 for mererat million dollars worth of gar he knew that if customers did not pay him he could not pay. Many of these purchasera failed to take up their contracts and over 10,000 bales
worn left on his hands,
Debtor bere could not, or would not answer curtain questions,
Atr. Locker-It is obvious, my Lord, that if these bankrupts come here and say "how do I know" ete to certain questions, the public examination will be futile,
Hin Lordship Quite se, but what power have I-Why shouldn't the man have his books be fore him to answer questions?
No objection was raised to this. Deblor, continuing, said he compared his accounts every day with the compradores of big European firms for goods delivered.
His Lordship. here warned the debtor that if he did not answer questions more arourat ly he would probably go to prison.
Al-
Debtor replied that he was spooking the whole truth Proceeding he said he had books in which he entered his contracts for yard. His Lordship-All the other partners are though he still had yarn to take up at the and of 1905 ha entered into contracts ran ning into millions of dollars and mite large sums
of money with fore Mia Lordship. The partners' names should be firme to induce them to sell for bin. set and on the polition.
Mr. MorralHe has disclosed their names on oath,
Mr. Wakeroan-Yer.
D
His Lordship-I don't think you can make a firm bankrupt when the partners are out of the jurisdlation.
Mr. Wakeman--A creditor can make them bankrupt.
Mr. Lordabip-It has been held over and over again that there is no such thing as the bank- ruptcy of a firm. It is the bankruptcy of the individual partners, although for conveniones of procedure the baokrup tey is nader the name of the firm. I am afraid we shall have to suspend this for further cousideration.
Mr. J. Hastings, who appeared for two of the
not think if exchange rose and the price of yarn went down that his customers would have fulfilled their promises. At the beginning of us he wanted to purchase goods from David Sarecon & Co, but they would not sell
he had so many contracts outstanding. The usabination was adjourned until next Thursday,
FUNNELS AND FLAGS,
THE ROBERT COOK," 'The Derwent, from Saign, reported ou arrival yesterday having passed the Hong keng and Whampa Dock Co.'s tag Robert Cooke on the 11th "Eoking comfortable."
IN POSSIBLE.
CANTON.
(FROM OUR CORRESPONDENT.)
PEACE RESTORED AT TUNGKOON,
March 13th.
Ou the 11th instant the Brigadier General of Kwong Chew was despatchel with a regiment of soldiers to Tonkan [Tang Koon] by the Viceroy to suppress the riot. It is now repaint that peace has been restored and the
have resumed business. Over leu rioters were arrested. The iccal gotry have started subscripticus in aid of the nerdy and hungry.
VICEROY'S SWEET REASONABLENESS, It is reported that the following Hongkong Ühinenu prosene, viz; Sheung
ung Pe, Kung Yik.Po and others whose newspapers were proibitod to onter Canton by Viceroy Shum hav joint petition stating that they are willing to abido by the three laws that were
last Tires Chon Fu to remors the prohibition
font year and.
and Vicorey permit their awapapers to to enter Carton. Vinroy Chou Fu hus intimated that he will order theprohibition to be removed as he bebevra that the people's mind has already been onligh- tened through the Press and that their wisdo will improve considerably if mero pewspapers were in cirenlation,
BLOOD HIRSTY OFFICIAL It is said that the Wei Chow Prefect his the habit of decapitaling criminals indiscriminstely without rat carefully considering the lightness or gravity of the fence ommitted. Magy petitions have been sent to the Vivery and the Provincial Judge complining that the
prefret had erroneously execu'ed prisource. His Ex- heileney intends Lo
kim and remove
place Lau MRA.
prefect of Siu
t of Siu Chow, in bis position. ANOTHER RAILWAY INVESTIGATOR. A Peking telegram slates that the Central Government intend to detegate H. E. Yeong Shi Ki, Secretary to the Board of Agrienture and Commere at Peking, as envoy extraordinary to Canton to investigate the Canton-Hankow Railway affair
Taitsi Chou Ho Ming, second son of the os his Viceroy, has left Shanghai and is now
Canton to visit his father. way to Excolloty has despatched the ganboat Shum long to Hongkong to receive his son,
ITH SUBSIDIARY COINS. FLOODING HONAKONG WITH
Steps bays been taken by the British subsidiary sins to Hongkong. It is reported suthorities here to restrict the
The export of bere has
VICEROY BON COMES.
י
PHOTO ALE
H
PHOTO
PHOT
LONG. HING
No. 17, QUEEN'S ROALA
AND MOS
SPARKLING MOSELLE
08828
nications indi
ptions. Priate
Orders
be sent
LOCKS
(Sele Ageals for LANGENBACH; & SOHNE, WORL
E.)
1 dos. Bot.ies 2 doz. koities
$28,00
28.00
$13.00
15.00
14.00
16,00
15.00
17.60
20.00
24.00
26.00
6.50
7.59
8.50
7.50
GRAACHER
Do. LAUBENHEIMER
BOCK
NIERSTEINER -
HOCHHEIMER
LIEBFRAUMILCH
CALIFORNIA RIESLING
Do.
HOCK
0% DISCOUNT ALLOWED UNTIL FURTHER NOTICE.
H. PRICE &
CO..
TELEPHONE No. 135. 361
29.0
WINE AND SPIRIT MERCHANTS,
12, QUEEN'S ROAD CENTRAL.
THE JAPAN BREWERY COMPANY
- LIMITED.
RAVELY DISCUSSION, -
An extraordinary general meeting of Japan Brewery Coup us, Lid, was held at Yokohama, on February 8: reports the Japan Herald, for the purpose of confirming the sabjoined special resolutions which were passed at nu extrordinary
held general facing
13 on F-branry
volustari That the Company be wound up ander the provisions of the Meinorardum Association end of the Companies
Ordinances
*
1
ly
1865 to 1890 of the Colony of Khong.val
the
THE
ROBINSON PIANO CO.. LTD.
of
TALKING
MACHINES
batore
Liquidater of the Company for the purposes of
2--That Frank Sentt fituen
that the I. B. M. Cousal General
such
singing
Beott James Janving Japan scht a despatch to Viceroy Chou Fu stating that maid Frank A "P. and that in the event of the the Chinese Government mint has been placing the winding up of the Company be completed, thed too much subsidiary coins in the market shish he, the soid graul
.
Scott Jamer, shall be .ON- is doing great injury to
and cammere powered to acminate Charles, Burton Hernand The director of the mint receive
received instructions
Liquidator of the
That the Liquidy in his place..
be and he is horeby from the Viceroy to investigate and report.
and
out the is said that His Excelloney has given instractions to the director to top casing Agreement entered into betweiz F
Frank Sentt James, as Mackie Wuria and
Director of the Company the market. The Viceroy virply and Rempei
RYMENERATIVE, MORALITY,
Kabashiki Kaisha for the sale of the p und
pisat a property of The Japan Brewery
There appears to be a prospect of an even the resul mors neceforated Trans-Pacific muil service to to
ooing for three montba co ng to se
S DE
The application is made under section largest creditors, Messra, Jardine, Matheson Europe than the present one. The opposition the Conni General in the next few days. You on whalf of the Kizin Bat
57 of the Bankruptcy Ordinance,
Ilis Lordship-How much is there in the estate ?
Mr. Grist-Some for thousand dollars. I
don't know exactly how much as there is a great deal ont un promiseury Kolen
His Lordship If he does not get employment the whole of that raouoy will be drawn,
Mr. Grist-I don't know that one could ge on moving theas applications, but at the present time it is a case in which your Lordship should His Lordship he Trustee controls the
exeroim juziadiation,
funds?
Mr. GristYes.
His Lordship-Very well, but i think should approach the management of Sharp's hospital and see what can be done.
1
RECEIVING ÓKÞÆR GRANTED.
He Ling You-luk ez par le the debtor. This was a debtor's application made by Mr. Grist for a receiving order. An affidavit abowed that the assots were $500 caub and $12,000 in debts. Since the affidavit was filed some of the debts had been ollected and the debtor bad in hand 84,600,
The order was granted.
RECEIVING ORDER RESIN DEN
Bo Yu Eau-yu ex parte the debtor. This was an application for the rescision of a receiving order in which Mr. F. 1, J. Bowing repressated the debtor and Mr. John Hastinga a number of creditors.
Mr. Hastings-My application is made on behalf of a creditor, bat arrangemeals have bean arrived at between Mr. Bowley and myself, and I understand the order will be consented to.
Bia Lordship. Is that so, Mr. Bowlby? Mr. Bowley--Yes, ny frisud has undertaken on behalf of the creditors to withdras proced- ings in Chiun against the debtor's estate
as be his paid all he càn pay.
His Lordship granted the application.
DEBTOR'S BELMASE REFURED.
Ro Kwok Ying-man ex parte the debtor. Mr. D. Thomson appeared to apply for the debtor's release under sub section 3 of section 10 of the Bankrupey Ordisaace, and Mr. F. B L. Bowley opposed this application.
Mr. Thomason stated that, debtor was at present a prisoner under a writ of exeention, but under the pepti & referred to his Lordship had diseration to release him. Ile bac committed no offence whatever, and under the circumstances ebonld be discharged,
His Lordship-I cannot exercise that section except for special resu
Mr. Thomson-I have no special reason. Dr. Bowley said he appeared for the creditor on whose action the man was arrested and 1.6) was alas instru-ted by several others in oppose the application. His Lordship would remember tko sircuns'ances under which defendant was arrosted. Ha kept out of the way until t Chinese New Year, and during the holid stated that he was going back to Ching in a day or two, but was prevented by the writ of execution. If rulenco was granted the debier
• would go back to Canton, and he had not yel file hie statement of affairs.
Mr. Themou:hat is becaure he is in gool. His Lodebig: You can have scosse to bin. Mr. Thomson:-But the room up there is not vory suitable.
the debtor was not mentioning, and he wished mails in Yokobamn in 17 days from England, | Oficial inling and epic-smoking. Any ited, and to carry the same info
and Co, and the Hongkong Cotton Co., said be was instructed that there was another partner to cross-examine him about it. The other partner was a man of mesus in Hongkong.
Hi Lordship-We must dispose of this preliminary point first. Supposing yon made the partners out of the jurisdiction bankrupt. how would you not?
Mr. Morral-Take the firm's properly. His Lordship --The bankruptcy of a firm dissolves the partnership, therefore vach partner becomes on individual with a share out of the partnership.
fr Hastings-If a hem is made bankrupt, the general assets of that firm go into the baukrantay, and the general partners with their individual ayketa alvo go in.
Mr. Hastings-That means that if a firm made bankrupt, all the partners in the firm aro bankrupt.
service being planned between Biscksad Bag, The Viceroy being desirens of raising the en the west coast of Ireland, and Halifax, moral standard of officials, bas strictly figures upon a 3 days service, and to land prohibited
will be imprisoned and his house and property confiscated. Thin will prove a handsome sonros of revenue to the Government if the threst is eartied ont in
and in Hongkong in 2 dage, which is six deya lose than the time soompied by the Overseas Mail system.
a
CHINESS OR CHINA,
earpeel.
CENTRAL STORES, LIMITED SHANGHAI
The twelfth ordinary general meeting of at Shanghui on March 8th. Mr. G. sbareholders in the Contral Stores, Ld was heldi Shokury (chairman).
kushu
4.-The Liquidator shall be empowered to
engage.
AND
RECORDS.
NEW STOCK JUST ARRIVED.
LARGE AND VARIED ASSORTMENT
grant soch gratuity to the employes of the Company upon the termination of their mont by the Company as he may consider expects rernuncration of the Liquidator MUSIC:
ghall be two and nue-half por cent of the not cash available for return to the Sharehold-ra of the Company.
LATEST COMIC OPERA SCORES
AND
DANCE MUSIC
JUST ARRIVED.
Hougkong. 39th Novermbar, 1900,
37
A Shanghai message to the Asahi states that on Feb. 28th 193 ahareholders of the Chinese Merchante' Steamship Company, representing more than one-half of the total sbaros of the
6-In the event of Charles Burtou Bernand company, beld a meeting and agreed to severall
aforesaid being nominated Liquidator in the relations of the ompany with the Government.
place of rank Booft James be shall have the purely business company, and Shing Sen-Kuri It was decided to reorganize the cancer into
same powere as Liquidator as if originally appointed under these Resolutions. He shall receive remuneration such part of the and four others were appointed representatiess of the company. According to Lloyd's Regia- After making full provision for deprecia. Liquidator's remnation as may be
arranged between him and said Frank Scatt James, Mr. Morrell-Ta rafense a man's shara you'rater, the China Merchants' Steamship Compary tion, bad and doubtful debtsar, there is an avail
controls fleet of 23 vezmels of varione size,able balance for distribution of 319,978,50 unt of
Mr. F. S. James (hairman and Managing storm is over there will be no hard feelings left got to sell the partnership.
which sum the directer recommend the payment Direct), proded, and in calling the meeting on either side. At the outset I may any wo rauging from 2,0 tons downwards,
RESCUED BY P. & D.
of adividend of $1.80 per share on old shares,
t was merely a
a formal meeting to have no wish to embarrass the Directors in any About 2.30 on March 2nd,
coming through the belance. This resuit we hope will prove malis confirm the cial resolutions which were passed way, provided they give ne fair ond-:
an the P. & O. absorbing $10,800 and to carry forward then der, aid it was
- A g at au extracidiary genera! meeting held on the deal. That they are not doing so at present we stemer Manila was
Inland Ses, bound for Kobe, cries for assistance factors, t
to you, as
as the baiseen brought forward
13th time It was not usual to make ung sure, and this opinion
is strongthened hy were hasard. On investigation it was found that from the working account shows two per ceat statement at meetings of that sort, and there the morty
many expressi
sink we
we lanco heard to the wago His Lordship-There is no such thing as the a Japanese schooner had capsized, and four men better results than the previous year. There
fore he would simply ad the special reintiers effect by many independent residents of the were singing to the keel. They were quickly are two items in the report which elit for but before be put thein to the nec jug to would very best standing in this community. It has Lankruptcy of a firm.
landed at Kobe on the vessel's arrival. rescued and taken on board the Mail being explanation. The first is the loss on debentures.
be glad to hear any remarks or any questions been asked by the Diretor, I believe, why The These the Company purchased a se investment
that may be ked
sharsholders not take more activo interest in enrvivors stated that seven other members of at three per cent promium seme years back, at a
of the Company, ax The resolutious printed above were then read the meetings
and why do fine the orew had been drowned.
was low, and being, by the Chairman when interest
not get up sad raise
abj utions it they hav
do they in need of money sold last year at a dis
Mr. Snow: As I have some amendments to and give their view
views, when they do atend a Delicate fruits from the tropics bars reached count when the condition of the
the resolutions, I take it I'll say what I have Europe sound and fresh. A few weeks ago 27
meting i
* Tar market was quite the reverse, 'She next
an easy ove after you have put them to the meeting.holders are a rule, kept in ignorance of experimental shipment, comprising mangosteens, the amenal of S17 This has been spout The Chaman-As there is an amezuiment isaga with which the Directors are rambutane, and pineapples, was sent to Holand for developing the Yangtssopno property in Bil to be made 1 wish to say, as I said at the familiar and have laul lots cinta to by a firm at Hataria, and news has been received that the fruit reached its destination none the
maraly formal until the last moment, and then the knowledge fing is part of the land planting over 3,06
meeting is tries and shrubs, and building a abed for the works for its long stay in the cold storage roots
A gord part of the land is under
ad should now be aired the special resolutions, or it is elicital by asing questions, and they, wa Trust
ished at the moment, cannot always group what the alteration to be made in any of them, why consequences muy mean to them. of exporting ach fraits to Europe plasing soon to be able to supply the hotel with ul the If shareholders were not maintindi or wished at
required, vegetables
They, like and weshall shortly prod to make perang mooie for the dairy farm. they not raise objections at the extraur the Directors, require a little time to think
general muting held on the things over, and possibly to make inquiries a Tua pegotiailone, śhich have been in that the build promises made last year instant? That was the time they should havo to the correctness of what has been advanced.·
Palace Hotel-The
The Chairman I must wok you to confine copies тег ic their bands for a full progress for the incorporation of the Yangtan shout October last have zet het realized, sud done so. They had no excuse for printed
remarks i your
the special resolutions. I can services of the Canks Shosen Kaisho, Nippon although the Board used every effort to harrek before the meeting, and they came know-hear nothing do. It is not in order to tell ap what they સ to vote. Not a the Directore what they ought to do, or what pany, are said to have made much prograr. the contractor taking his awe time or the The Lacorporation
at the sugge proposed
matter, Re
He will, however, have to indemnify single
Mr. Suon-You asked a short time ago why na for the deles, but this of course is a matter shareholders appear to be dissatisfied and wish the objections wors not made at the meeting. tion of the Government, which, as reported
rted in our coumes, ffered a
to which cannot be settled before the completion combine. A e; ecial
His Lordship-The bankruptcy of a firm means the sukruptcy of the individual partners. You mean if a firm is bankrupt the partners are bankrupt tan.
Mr. Hastings-If firm is bankrupt the individuals composing that firm are bankrupt.
Hi
FUTURE CANO ES.
Lordship adjourned the laring fora of the stramer Rmbrandt. The possibility si vegetables, and
fortnight in order that authorities might be
looked up.
YAIN MERCHANT'S FAIL
Ro Fung Wa-Shan e parle the debtor. Another public examination conducted by Mr. Wales. Mr. P. W. Goldring (of Messrs. Goldring and Barlow) appeared for the dubier, and Mr. H. W. Tooker for Messta. Deacon Iooker and Deneo) for David Sasscon and i and other creditors.
מוותר
the bems markets may result in a brisk trade.
THE JAPAN-CHINA STRANAHIF COMPANY.
I
would be handed to us by
to
adiwan jin ap
opening, thin
I sm surprised that any objection is sprang upon thora suddenly at these
Yasen Kaisks and Hunan Steamship Com- on the work, success did betaland their efforts rand, and the reculations they ought not to do.
general and
14
were
of
Now B
A small section of the
BOY
Share-
у
cousidder
meetings,
Fung Washan said he was the sole proprietor February 28th of tho Innan Steamship Com the work. At the same time, I may state the to change these special resolutions, which I am giving the reply to your questions.
witi
If, at this
The Chairman" you will go on to your
as to what the Directoie should or should not
bola office
ta
reste
to the new Com- pas entirely to understand what grave responsibility
I peen the facts before you so that have done. pany. I
for his loxas by the large fall in The price agrement with the new company and other er lok to our client for any de the yon the shatekelders, and how essentiallisen the case with the present misunderstand-
of cotton of which he bought several million dollars worth every year. Formerly he took delivery of all his purchases. During the year befores last her parcbored 80,000 or 90,000 bales and lust year 2000 or 814 a large amount of which he had aot taken delivery of All his liabilities were in respect of
differences on süßtor.
incidental matters should be left entirely Board of Directors.
GREASING BOAT
such te
by the casealy, there being on'y
This following mysteriou· paragraph nparareda inlly puss had a fire at the
to such
means that if they are successful the winding. The Chairman-I am sot here to listen to um we have appreached the guarantor of the con of the San Bing firm of yarn merchants. He pany, ananimously adopted resolutions to the tractor about the delay, and I would here quote up of the Company must In postponed, as other anything outside the z-es resolution
Mr. B
Snow You will find wy remarks bear terference is 1080 eff-of that the company hand duli ser to the part
is zouds to stop the liqui bought the business from his partners, Webine now being organized
part of a letter received by the architects relings weald has to be held.
on them, Mr. Chairman, if you will kindly listen Our stage, any farte all the sale on October 9th from bis solicitors dation, the consequences may be disastrous to to thera.
TeRaele, be started alose he had a orpital of $1110000), and
Poland and
water, promises, and client wishes as to assure yon, that since shareholders, us a crangements have sil been con- in the first three years made a profit of
trade of the company the shers of he has guaranteed the contractor, he the
au Company of the capital of the new do all in his power to get the contractor / eluted and to-morrow our Scor+ters and the amendment. I cannot listen to any controverky In the following, year, however, 8.7000.
company. This transfer is to be effected under complete the work at an early date, and tha he lost everything but 83 70-Tg accounted
conditions thought it, and the conclusion of an
You
Mr. Snow resuming his remarks):--This has However, the building is Dow Burly
that the special resolutions shenid be confirmed. ing. It has been said that the shareholders had the internal work on the lower that to be finished.
Mr. Slovare to reply to these
marks, tho and will rory The upper stovies now Fady
are
hands a welchefore the meeting, and they ought which I weald rail r do before I propose the latis to be brought forward in their in fact, eighteen room amendments As these remarks explain the to have made up their minds about them then, Froently in Seattle paper: If the oft era are already Inker
We hare been
be amendments I will reserve them until then.
Although hose resolutions were in the hands of Duinia very unfortunate in having
The Chatman-I think if you will read your shareholdersome time before the meeting, how of the Japanese trams traship frt al during the voyage across the Pie fir, treyed, and conscquently upset our business, Kotokerer attempt to mix with their Annexe, which building www cuplate-der
was it possible for thui ti forzinkuta objections they will have serious trouble with the urine calculations for the true bug. However,
station nts as ting contain They looked innocent enough until it the light of what insurance auderwriters, in case of an accident. we late now got over the diffiendly and The vessel cleared from Toroms on Monday for although the furniture and stock were
has since transpired they come to be examined. Tatil certais feets, which were known to the Nanaimo, where the captain age he will
will kid
will, we
amaal! loss in wo guffered
Directors who drew these rosolations up, were voured, 300 tons of He now has about
part of our business for the time ant | being.
form no idea as to the fairness or otherwise been
of these rahations, and some of the facts barrels of skid grease au confided in have decided that according to the terms an
are not even known ic them, the Clairau friends that be would mix it with the which the new capital was ironed, the first half Mr. B. C. Howard:-1 have pleasure in
bing or pavilling to anst the which was of an inferior grade and will bear dividend on the beginning of this fel Tlavid Barston and Co. er ofter rubitors would not drive his vessel along at the leva man
seconding.
restious
Does not this tend to create Mr. Snow:- Before that comes to the vote
us pul an idea that the Directors themselzes cousidered that be bad a branch up the West River,
The insuranos men learned of his year, pari mase with the old shares.
A dividend of 18 per share on the old I have some remarks do oke and amendments the remuneration excessive, and so wished When in partnership with his leader both of intention and ordered the grease of the vessel, shures, making 12 per cent for the year ending to prorose. In asking the questions on short to conceal the same involved, because, the attended to the businera, They dissolved Finally an agrement was ontored at the December 1996, was declared and paid. Pro te do, and in my remarks on the subject before knew, it might he objected to as being aito-
Najlar Japanese
Haid he would manifest the posals for increasing the capital were adjournal.
us you may be sure I am not influenced by a gether to mucli? Take resolation No. 5 grease, which he disk, A preniative of tho
of the individuals. My strictures will be two and a half per cent. on the net cash feelings whatever against the personalilies insurance men accompanied the vessel to
The remuneration of the liquidator shall HOW TO BE BEAUTIFUL-Keep your com. Nazairo to make sure that the captain takes on the additional fund required to steam his boat to i plexion. Mrs. Ellen's Creme Chariinat, Tant directed solely again! 4 corporation called available for returo to the shareholders." When could not say whether it was started before or inap. The tizing of vàl with coal is a praction Charmant will enable you to do it. Her common belief, having neither a soul to be the Chairm was asked what this would
Charmant and Spacis Skin Tosic and Poudre the Board of Directors, which according Specialities for the Sit are the study of a ented nor a body to be wrecked, ought als not lifetime. A. S. Watson & Co., Ltd., Sole Avents, i to have the faculty, if any w term it, of 731 resentment: and I therefore rast that after the
His Lordslag-What are his fabilities? Mr. Lockor Several Takhs of dollars. Debtor, continuing, said he owned on bow in Pottinger Street,
By. Mr. Lacker-Wher debtor started his preerat firm he had us brauchez. He dil not
because debtor's brother Bow there was not
much profit made, and would not continue. His brother now had a yarn business in Canton. He
after the dissolation. Ho chipped yarn to his brother in Canton, but the transactions were
not very large. Es used to ship about | 1,000 odd bikes a year. In 1903, the first
THE
10:- The amendments come after the Mr. Sor: propositions are dealt with.
The Curman:-1 think the amendments hould come first.
Mr. Sno:-There is no proposition before be pats not been proposed or seconded.
Chairman:-1 will put the rosolutions It is proposed from the chair
Ju Seatile sud Tocomeling shops of the Palace and part of the the meeting a thai thu vundmenty counot known to tha sharoldiers, they could
both
the Japanese captain obtained about 100
400 Hotel having already beenpied the Hoard
engaged in by captaion when they desire to make a record trip, although is some instances it Las proved a dangerous undertaking and is usually carried on with much soorsey."
be
tu
NO. 9.
anmat to approximately, or a question
(Continued on page 5.) that effect. he could not, or would vol
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