1917-05-28 — Page 3

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„COMPANY. MEETINGS.

THE HONGKONG DAILY PRESS, MONDAY, MAY 28TH, 1017.

LEAK TRAMWAYS CO., LTD.

The ordinary annual meeting of share- holders in the above was held at the Hongkong Hotel on Saturday.

A WATSON & CO. LTD. The 2nd annual ordinary general meeting of the above was held at the Hongkong Hotel on Saturday. Mr. Mr. Henry Humphreys presided, and Henry Humphreys presided, and those those also present were:--Sir Paul Chater, CM.G, Hôn Mr O. E. Anton,

present were-Bir Paul Chater, CM.G., and Mr. J Scott Haraton (Consulting Committee), and Messrs. W.

J. Scott Harston and Mr. C. S. Gubbay (Directors), and Messrs. J 4.

HONGKONG GYMKHANA CLUB.

THE SECOND MEETING.

PATRONS. HE. Sir Francis Henry May, K.O.M.G., HE Major-General F. Ventris, Commodore H. G. RN.

CORRESPONDENCE. HONGKONG AND WAR TAXES

TO THE EDITOR OF "THE HONGKONG

DAILY PRESS.”]

SIR,Much has been written and many suggestions have been made public. COMMITTEE The Stewards of the through your paper re taxing the resid- Hongkong Jockey Club (e-oficio), Mr.ents of the Colony, and, in your corre- HP White, Mr. B D F Beith, Mr. spondence of to-day's date, Mr. WA

Sandeman,

Morley, P. C. Potts. D. E Clark, C. BTarrant, W. Morley and D. E. Clarke M.RORS, Dr. Forsyth, Capt. Cassel, Dowley gave a very good suggestion, but,

Buyers, W. H B. Muskatt, G. Rapp, W. G. Humphreys, P. Tester, WPA Loughlin, J. M. Wong and F. W. Staple- ton, with the Secretary, Mr. J. A Tarrant.

with Mr. G. Rapp, Secretary.

The Secretary having read the notice: convening the meeting,

The CHAIRMAN gai

gaid-Gentlemen, the report und statement of accounts and The Secretary-read the notice conven hands for the past week, I propose, with auditors report having been in your ing the meeting, after which

your permission to take them as read."

Mr G. C. Moxon and Mr. C. H. Blason

JUDGE Mr. C. E. Anton. HANDICAPPER--Mr. D. M. Ross. 187 STARTER Mr. H. J. Geilge. 2ND STARTER.Mr. Paul M. Hodgson, TIME KEEPER Mr. M. S. Sagacons The unsatisfactory weather had a

unfortunately, he exempted the passeng- ers leaving the Colony for Maceo and Canton.

Many of those who are Javing the Colony for a short trip to Macao and Canton take with them a good lump sum to try their luck at fantan. What would

The CHAIRMAN said,—Gentlemen, I dhe arcounts, as you will observe, are marked effect upon the attendance at theit be to them if they were to pay an extra i

Ότ

not propose to read the report and state- ment of accounts and auditors' reporti

not as good as last year. There has been unless you wish it, as same have been an increase of $262.43 in trafic receipts,

your hands for the past week. I BITA

and à saving of 82,134.38 in wages and glad to again be able to come before you the other hand, woals and

$2,321.00 in subsidiary coins, respectively with a favourable account. In keeping DALER down the dividends below the level, re

(principally ccal) havo cost $4,164.77 latively, of those paid in formar times, and more. The donation to War Charities, by freely writing off for depreciation, the

VIZ $2,500, nccounts for nearly all the

financial position of the Company bas

difference between this year's nct profit and last, and is Iceponsible for our not undergone something like a transforma

being able to tion, and our liabilities, other than ev

anything to reserve For the period under review. This is a capital and reserve, are getting steadi'y

mattor which need cause no concern to Baller, whilst our liquid and tangible shareholders, for the Company's Reserve assets are growing. We have, of course Fund is sufficient for its present needs. been affected, in some ways, prejudicallyYNCHRON Taking everything into consideration, by the war. Apart from the difficulty in obtaining much needed supplies, we your directors think that the payment of have given freely both in treasure and the same dividend as last year is justi

fied and will be appreciated, and they Our donations to war charities have been large, and no less than seven day

have no doubt the donation to

men.

add

WAF

second meeting of the Hongkong Gym hana Club on Saturday, but the racing, despite the heary going, was always good,

by the pari-mutuel. There were two variety and some very fair prices were paid out

events, an egg and spoon, and s Victoria Cross race. In the former, Mr. C. H. Blason was the only rider to retain his

81 or au cents, respectively i

Another suggestion which I think is a good one is that the Hongkong Guvern-

the Colony (say) at the rate of 1 cent ment should surtax letters to or from

for every two ounces and ❘ cent for loent letters, the same na the Canadian and Australian Governments are doing

I am sure that many who are residents. in the Colony would prefer to pay an than to pay per cent. on their house extra 2 conts on their correspondence rent-Yours faithfully,

NAMH A HYNDMAN, Hongkong, 6th May, 1917.

both out and home, and in the Victoria Cross competition Mr. Beith's paren

pony proved the most satisfactory one under fire. Several of the others ab- solutely refused to approach where the Chinese cracker was doing its best to imitate beary artillery, and the result

OFFICIAL NIGHTS. was a very easy win for Mr. Bith, who The following table shows the Standard dashed out and brought home his Time at which Ufficial Night ends and

wounded in good time. All the other

** | begins during the month of June, 1917,-~

Date Ends. June

6.27 a.m. events provided quite good finishes. In the Gymkhana Stakes, Cadzow's Waif, by defeating Australian Chief a field

of our men are of the front, all of whom charities will meet with your approof thres, drew level with Mr. Kadoorica have received financial assistance from the Company. Several of them have already obtained commissions. Of the seven, we have only been able to replace four, so that we are now working three men short. Any further demand on our wan-power will necessitate

In these days we not only have to give as individuals but as corporations, and although many of us in so doing give twice over I am sure there will be none to grudge in so good a cause. During the year the mortgage on R.B.L. 21 was the elos-paid off, and the money therefrom in ing of one or more of our branches, vested in shared of local companies, I Comparing the accounts before you with do not think there is anything else call- those of the previous year, you willing for special comment, so I will now that the mortgage on Shameen Lot Propose that the report and statement of

there

notice

pony in regard to points, and the marke earned to date are now as follow: Australian Chief, 6; Cadzow's Waif, 6, Field Mouse 1. The Middlesex. Begiment. whose private stand was decked out in the Diehards colours, maroon and amber, had a representative in the racing in Oak Bay, but the pony had to carry too much weight, and, though putting up quits a good show, was unable to secure However, the Middlesex are

pince,

next Gymkhana, a lighter jockey can be found, they have great hopes of seeing the maroon and amber jacket pass the

No. 74, Canton, and the building accounts as presented be passer. When by no means dismayed, and when, at the on, has been paid off, but the amount this has been duly seconded I shall be owing against mortgage of Marine Lot pleased, before putting the motion to No. 293 and Kowloon Inland Lot No. the meeting, to answer any questions 1208 up to $125,000, has been correspond Mr. TARRANT seconded, and, there being

shareholders may have to ask.

ingly increased. Our stocks show an in-

post first,

During the afternoon the band of the

Begins

INTIMATIONS

LANE

CRAWFORD & Co.

GENTLEMEN'S ENGLISH MADE

WHITE

CANVAS

BOOTS and SHOES

$7.50

PER PAIR

$7.50

PER PAIR

WE STOOK THESE IN ALL SIZES INCLUDING THE EXTRA WIDE FITTINGS, AS ILLUSTRATED ALSO OTHER SHAPES WITH AND WITHOUT TOECAPS.

ALL WEIGHTS IN

ENGLISH AND AMERICAN BOOTS AND SHOES.

LANE, CRAWFORD & CO.

7.13 p.m.

3rd, 5.27

7.14

7.131

4th, 5:27

7.14

6th 0.28

7.16

8th, 0.281

7.16

7th, 5.26

7.16

8th, 8.27,

7.17

9th 5.27

7.17

10th, 8.27 11th, 5.37 19th, 37

7:17

·7.17

717:

13th, 5.28

14th, 5,28

7.18:

15th, 5.28

7.18

10th,

5.28

7413

17th, 8.25

27.19)

18th.

7.19

710

goth,

7.19

21st, 3.29

7:19.

23rd, 5.30 24th, 6.30 25th, 5.30

700

26th, 5.30 27th 5.31. 28th 5.31

29th 5.31

7.21

30th 1.31

7.31

No. 8 Large

84.50 por 100

crease of $47,005, representing, for the 100 questions, the resolution was un- Middlesex Regiment (Bandmaster Lawrie FROM THE TWO MILE POST ONCE ROUND

most part, increases in leading liner for which we have a ready sale and are dif-

ficult now to get. We are very glad indeed to have those increased stocks.

The loss on subsidiary coins in 1916 was $10,036.34, or 80,140.61 less than the pre- vious year. Practically the whole of the saving has occurred in Hongkong... Uur Shanghai Sods Water Factory was sold during the year, and the loss on Bare

animously carried.

On the proposition of the CHAIRMAN seconded by Mr. MORLEY, Dr, J. W Noble, Mr. J. Scott Harston, Mr. C. Guabay. the Hon. Sir Paul Chater, [O.M.G. and the Hon. Mr. C. E, Anton were re-elected Directors

On the proposition of Mr CLARK, seconded by Mr MORLEY, Messrs. C

Bernard Brown and AR Lowe were.

has been deducted from our trading profits in the accounts before you. The item in the accounts among the assets, "Mortgage by W. J. Haynes on Shang bai Acrnted Water Plant and Machi ners represents security for the on application.

This was all the business, and the Chairman announced that dividend Warrants were ready, and could be har

Owen) rendered an enjoyable music pro- gramme.

AND IN. Messra Beith, Ross & Bwick's King.

The full results were follow FIVE FURLOKOS RACE Handicap For all China ponies in the Colony on 1st May, that have fun and not won a Gymkhanas since January 1st, 1917, race at Official Meetings, Of Days, or, Nemo's Cloudlands, 154lb Mr. J. H. Congdon's New Ally, IL

Dr. Forsyth's Buchanan's, 153lb (late Warriorlini, 188h

(Mr. Barton)

Dick, 7501b (Mr. Sedgwick)-1 (late King Bea), 157lb (Mr. Knoll)-8 Mr H B L Dowbiggin's Ben Bolt

Sir Paul's Magic Dahlia, 150lb

re-elected auditors to the Company at a Mr. Staves Binoin, 152lk (Mr. Knoll) 2

Mr. Ellis Kadoorie's Pingwu Chief remuneration of: $100 each.

Mr. Adams Tittlemouse, 150lb,

15516

(Mr. Seth)

(Mr. Adams) 0 Mr. Polka's Moka (late Mo), 150lb

(Mr. Sedgwick) Mr Mapco's Onk Bay, 154lb

(Mr. Sutton) Time: min 20secs. Won by one length, many lengths, bo

HONGKONG MAGISTRACY.

Cash Sweep. A No Winning

balanoo of the purchase money. A fire in the Stanley Street Warehouse on 11th April laat resulted in the whole of. the fifth floor and ackleft, used as a laboratory, and for putting up pro prietary medicines respectively being destroyed. Fortunately, the fire-proof iron door and concrete floor prevented the fiomes sprending to the rest of the structure and the adjoining buildings, When a Chinese woman was found which only suffered from water damage, guilty of aiding and abetting her "grand. Although there is a good dest of dislo- unelo." in the theft of a gold watch and cation and inconvenience, we are able to chain, Mr. Dyer Ball imposed sentence carry on. The loss and damage to stocks of six weeks hard labour.

The same sentence was imposed by Mr.tween second and third. Dyor Ball upon a coolis who was charged with the theft of a chopper from Messrs. Caldbeck, Macgregor's yard in Queen's. Road Central.

and building are covered by insurance. The proposed transfer of $20,000 to reserve fund, and the payment of $3,000 to staff provident fund will, I trust, meet with your approval. I have now to pro- pose that the report and statement of armounts, as presented, be passed, and when sɛme has been duly seconded the accounts will be open for discussion.

Mr. Ports seconded, and there being no questions, the proposition was un- animously carried

On the proposition of Mr. WONG, seconded by Mr MORLEY, Mesare, E. Maitland and C. Bernard Brown Werd re-elected auditors to the Company at remuneration of $350 each per annum.

This was all the business, and the

When charged before Mr. Dyer Ball with the theft of a box containing $2.00, and clothing valued at 812.40, a Chinese said that he had a bad leg, was unable to work, and he purloined the money and clothing in order to secure the funds

necessary to take him to his home in the country. If was proved that the defen dant possessed two very sound legs, and he was sentenced to six weeks' hard isbour and four hours stocks.

UNMARRIED GERMAN WIDOWS.

34, 2130 01, 1/91,80 43.00

Pari-Matuel Winner: $18.30:

15.50 580 5.30

Time 2min. 2bancs Won by half lenth,

second and third.

Cash Sweop

Winning No.

145, 8668 40

220, 100, 40

921, 93.20

(Mr Seth)-3

(Mr. Sutton). 0.

(Mr. Barton) 0

Bame between

Pari-Mutuel Winner: $18.60

VICTORIA CROSS COMPETITION.

0|1—Mr. B. D. F. Beith

-MG. O Moxon.

Mr Roderick Barton, Mr. T Fisher.

Mr. Lancelot

Mr. Adams.

Mr. H, Beth, Cash Sween Winning No, 89602.90 178, 189.40; 113 84.70

ISHERWOOD CIGARETTES.

or 2.30 . 50

No. 4 Medisin...

$3.60 per 100

ot. 1.85 50

No. 5, Samli

$3.20 per 100,

or 1.65, 50

Ask your

tobacconist

7.60 4.00

for a tim

„Eloxoxoma Cioan Brons.

HAND-MADE IN OATRO.

"Known all orde

the world as the

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