1921-04-12 — Page 2

THORNYCROFT

JOHN I. THORNYCROFT & 00, LIMITED,

SHIPBUILDERS AND ENGINEERS,

LONDON, SOUTHAMP ON AND BASINGSTOKE.

Shanghai Office: 10, Kiukiang Road

THE HONGKONG DAILY PRESS, TUESDAY, APRIL 18Tm. 1991.

15 B.H.P. 30 B.H.P. 50 B.H.P. Engines

in Stock

For quotition apply-

SHANGHAI OFFICE.

Neckwear Special.

30

Regular

A SHANGHAI BANKRUPTCY. MR. JUDAH EZRA FAILS FÖR 31 MILLION TAELS

1

HUGE SHARE" AND EXCHANGE. TRANSACTIONS,

:

The public examination in Bankruptcy of Judah 1. Exra took place at H.M. Supreme Court, at Shanghai, on the 5th inst, before His Honour Judge Skinner

Turner.

The statement of affairs presented by the Official Receiver (Mr. A. L. Dickson) showed unsecured creditors to the amount of Th. 3,500,475.43 and

assets Tis. 1,607,91.

[The principal „creditors" were:

Ellis 1. Era Thu: 9,066,579 (sterling loss); and Tls. 43,238 loans and interest. Nederlandsche Indische Bank Tis. 495,131 sterling loss.

Netherlands Trading Society T 90,038 on a promissory note given for sterling loss.

Mr. H. E. Morris, Tis. 103,139 on a promissory note for share losses,

Mr. J. J. Judah, Tls. 14.231 on a pro missory note for share losses, a

There were also two debts not proved: Messrs. Benjamin & Potts Tla 468,715 losses on shares, and the Philippine National Bank, Tls. 295,013 sterling loss.

The receiving order was 'made on March 21st on debtor's own petition.

to the Official Receiver, In answer debtor stated that he was 20 years of age, and of no occupation. He had been employed as a clerk by Messrs. Edward

The Official Receiver: You say these TEN YEARS' IMPRISONMENT THE COAL OUTPUT IN GREAT shares were taken over by Mr. Morris

security 7-Yes.

FOR AN EX-MINISTER OF JUSTICE.

How could he take the share, you had' not gost-They were transferred from The following report is taken from the the brokers and different people to him, | Canton Times: Chu Foo Lin, an Ex on my instructions.

Minister of Justico in the Haen Chuen Did Mr. Morris know you had neverHauen Government, was charged with treason and malfeasance in office by the bad them transferred -Yen.

Had you paid anything for them-1 Chief Public Procurator Mr. Lin Ching. The case had been tried by Chief Justice paid the broker, the full price. to pay the full price.

His Lordship: But you were not able Mr. H. Y. Loo and four other Judges of the Grand Court of Appeal a fort- night ago and the Court gave judgment

NIS LORDSHIP AT SEA.

Debtor: You do not widerstand.

His Lordship: I must conless that I do not.

Debtor: I paid the brokers the money Tor these shares. I got a loan im- mediately, and 1 only paid a margin. You understand?

His Lordship: I am afraid I am not versed in these financial matters. Did you pay for these shares in full? It is a straightforward question, answer you or no.

Debtor-I paid in full to the brokers. His Lordship: You have just said that you only paid some of the purchase money. I suppose you really mean that you paid for these shares with the money you got from Mr. Morris.

Debtor.:

Own.

|

on the oth` instant . which rends follows:-.

BRITAIN

SOME RECENT FIGURES.

Provisional figures for the weekly ton- age output of coal during the four week, ended February 12th are given in the current issue of The Board of Trade JournalThe output of coal for the week ended February 12th

343,400 tons, as against 4,418,200 tons in the proceeding week. For the corres panding week last year the outturn was 4.697,311 tons. The statistics are a follows:

Werk ended Jan....

: Jan, 20...

Feb. 5... Feb. 1...

For jointly committing an offence against the internal security of the State,

4,691,600 tone Chu Foo Lin is sentenced to imprison

... 4,690,700 ment" in the second degree for a period of eight years and deprived of all civil

4,315,40. rights for, life; for jointly restraining following figures as to collieries idle and Mr. Finlay A. Gibson has supplied the Chan Leung Sze and others numbering 968 persons in all from exercising their output lost in Monmouthshire and South rights which they were legally entitled Wales:- to do, he is sentenced in the fourth degree for a period of two years and deprived of all civil rights for a period six weeks ending Fah. 13 4,803 1,962,904 1,959,167 of two years for each offence; for jointly Week ending Feb. 10...... abusing his authority by imprisoning Ho Chee and others numbering 10 persons

No, of

No. of col raising Ontpat -- skifts lost. lost, shit lost.

973 318,44 417,032

4,8 1,691,139 1,303,190

all he is sentenced to imprisonment The following table gives the increase in the third degree for a period of three or decrease in output of the various dis years and deprived of all civil rights tricts, comparing the week ending Febr Yes, and a little bit of my offence; for jointly abusing his authoritary 5th, 1991, with the week ending

for a period of three years for each

Questioned as to the circumstances in which the contract with Mr. J. J. Judab was entered into for 100 Orientals, debtor stated that the shares were offered to him by Mr. Judah's son on behalf of his a broker, debtor

Ezra & Co., and nine years ago worked father, selling as dozen Plain Barathea Ties,

00 Special $2.00 each.

Price $3,00

A choice selection of Plain Colors to suit everybody's taste.

All New stock, having just arrived.

MACKINTOSH

00, LTD.

MEN'S WEAR SPECIALISTS.

16. DES VŒUX ROAD.

THEATRE

Telephone 29.

ROYAL

EASTERN TOURS. LTD.

Present the

H. B. WARING CO.

Commencing

Monday, April 18th, at 9.15 p.m.

18TH APRIL—"THE WITNESS FOR THE DEFENCE" MR. PIM PASSES" BY"

MON.

TUES. 19TH

WED. 20TH

THURS. 21HT

22AD

23RD

FRI.

SAT.

"THE MERCHANT OF VENICE' "A BUTTERFLY ON THE WHEEL

A MARKIAGE OF CONVENIENCE” "THE SPECKLED BAND"

in the same capacity for Messre. W. thought. He now knew that the shares Hewitt, He had never been & merchant belonged to Mr. Judab. The promissory or engaged in business which necessitat note for Tis. 43,238 given to his brother, ed dealings in large amounts of sterling. Ellis Ezra, debtor continued, was for The various contracts referred to in the money lent to him when he was in dif: statement of affairs were done on his own ficulties. The actual cash was handed behalf. He did not know whether the over, and was used in paying money due creditors knew of his financial position. to the banks. ¦

Did you ever lead any of them to be- lieve that you were a“ man of means, or that you were neting on behalf of a partnership or for any other persons-sziary —No. I don't understand that question,"

HAD MONEY ONCE

Did you ever lead any of them to believe that you had a large amount of money-Well, it was known that I had money last year, "

At the time you entered into these, contracts 1-Yes.

Did they over raise any question as to your financial position at the time they entered into these contracts with you did they ever call for security No. About two months before one of my contracts fell dus one of the banks asked

UNEMPLOYED.

What are you doing now, asked the Oficial Receiver. Are you earning a

How are you living now -My brother

by imprisoning Lau Lao Sze and others numbering 12 persons in all until death, he is sentenced to imprisonment in the first degree for a period of ten years and deprived of all civil rights for a period of ten years for each offence; the combined period of imprisonment to he inflicted shall be ten years and six months and deprivation of, all civil rights for life.

SUICIDE OF A SHIP'S OFFICER

There was a Coroner's inquest last week: at Singapore into the suicide of the late Mr. William Crofts, supernumerary off- cer on board the Antilochus at the Blue Funnel Club, Cantonment Road, by cut- ting his throne with a razor while in bed.

February 7th, 1920:-

District. South Wales Northumberland Durham

Yorks

ine. or Doo -282,030

30,043

21,341

13,730

31,089

20,308

Staffs, Salop, Warwick, Wor.

cester

1,509

Other English districts

... 3,401

Lancs., Cheshire, N. Wales.... Derby, Notts, Leicester

Scotland

United Kingdom

17,323 —497,987

SHANGHAI'S MUNICIPAL

BUDGET. SEVEN MILLIONS TO BE RAISED

41

income is estimated at Tls. 8,700,950 and For the ensuing, year, the ordinary

to

Ime for some margin, and I told them gives me money now and then, when 1' ber 6th, 1990, before the completion of the Electricity Department of Tis.

was not in a position to give it.

**

Mr. T. E. Mason, shipping clerk in How long have you been out of em- ployment--Four months.

the firm of Messrs. Mansfield and Com- Why Because I got myself into boarded the dutilochus, when he was Ipany, who said that on March 28th he meas.

Have you taken any steps to obtain told by the chief officer that Mr. Crofts, employment -No, I have had no op- supernumerary officer, was missing. The expenditure Tis. 5,663,750. "It is pro- ship Bailed, at 1.18 p.m. on the same date, posed raise by debentures Tls, portunity.

What do you mean 1-1 am in such a sad the deceased was still raissing. His 7000,000, to which can be added the mess, I can do nothing.

property was landed and put into a amount raised by issus of debentures in

as a clerk as you did before 1-1 am so

What is to prevent your working again ness took possession of his property and 6th, 1991, Tis. 384,300, and miscellaneous Singapore Harbour Board godown. Wit the 1920 loan from January 1st to March

mixed up with my affairs that I have late Mr. Crofts had been in the service ordinary income will bb Tis. 7.441,500. produced his discharge certificate. The income of Tis. 20,000, so that the extra- not had the time.

of the Blue Funnel Company since 1006. With the deficit brought forward, extra- He was discharged at Batavia on Novem-ordinary expenditure (including a loan to the voyage, no reason being entered in 5,700,000) is recommended aggregating his discharge certificate. At the time of Tls. 7,423,427, which would leave his discharge he was chief officer of the surplus of Tls. 18,073. ship. He held a Master Mariner's cer The Council recommends a land tax at tiscate. His discharge at Batavia before the rate of seven-tenths of 1 per cent. the completion of the voyage showed that on assessed valus of land; general he had been in trouble of some sort. municipal rate, 14 per cent.; special rate From Batavia he would have been given (on a small amount of property outsida & passage home by the company. He the Settlement), 12 per cent.; beside had been sent on as a supernumerary advertisement rates, wharfages dues and officer on the Antilochus na far as Hong-licence fees. kong in order to give him a chance to The details of expenditure do not His Lordship Have they been hand get employment there. That showed cuntain anything of a special nature, but ed over to the official receiver)-No.

that he had been dismissed from the Blue the note is appended: The estimates Why not? I was not asked for them.Funnel Company.Witness knew him, of ordinary expenditure make no allow, When were you last solvent 1-In June having met him on the ship's passage ance for any recommendations that may Last and probably up to August.

through,

am in need of it.

Have you made any settlement of His Lordship: When was that 1,

property, or any substantial gifts," dur- Debtor: About. October last. The Official Receiver: Which Banking the past two years-No.

None -Small amounts, perhaps Tls. The Netherlands Trading Bank.

When did you start this speculation 11,000 or Tis. 2,000. I don't remember.

You make some one a gift of one or two I started on: small scale about two thousand taels and do not remember it

FELIS ago..

What were your tesets then-Akout T100,000

Your brother Edward, Ezra was way last year and you held a power of attorney from him -Yes.

Did you use it in connection with any of the transactions shown in the state- ment of affairs-No..

BROTHERLY LOVE.

the Bank of Chosen.

You never had any, sterling to sell No."

I might have done."

Have you kept any books !I have only kept a cheque book, paying in book, and settlement quarterly accounts.

a

The boy in charge of the Blue Funnel be made by the Municipal Salaries Com-

mission." Club next gave evidence, as well as a ship's officer staying at the club.

says,

has

A QUESTION OF SECURITY. How was the debt of roughly Tls, 2,000,000 to your brother Ellis Ezra in" Debtor was next questioned by Mr, curred 1--When the contracts with the Charles Maguire, who appeared on behalf A letter which the deceased had writ (RUSSIAN REFUGEES IN CHINA different banks fell due he agreed to take of Mr. Harry Morriss in reference to the ten to his wife was read. In it occurred them over and look after them? He Shanghai Cotton shares already mention the following: Awfully. hot here,

SHALL THEY BE INTERNED 1 was to be held responsible by the banks, ed. He denied that he used his brother's mosquitoes by millions I am feeling

At the request of the military governor the Asia Bank the Bank of Taiwan and security to Mr. Morriss. He thought he sincerely hope that neither you for the of Chinese Turkestan, the Central Gor-

name (Mr. Edward Ezra) in offering U.K., but nerves still troublesome. Did you enter into these contracts for had sufficient security himself, but found kiddies will ever have to suffer with them crament, the Asiatic News Agency

ordered the the purpose of actually buying and sell that he had made a mistake. It was a like I have to do."

transfer of ing sterling -I did it for speculation.

real mistake on his part. He had not A verdict of suicide while temporarily

the followers of General Anenkoff,

Russian consisting of You were simply working on the dif-used these securities in helping Ellis insane was returned.

reactionaries, ferences in exchange 1-Yes.

Ezra out of difficulties. Mr. Morriss said

Buriats Mongols and Cossacks, to the he would prefer to have the shares,

Mr. J. J. Judah also questioned debtor Tenghuong district of Kansu for intern- although they were falling in value. with regard to the 100 Orientals sold to with a view to preventing their It was purely a speculation, n, gamble

His Lordship: Is not the correct him. He called debtor's attention to a

joining the Ungern rabble in Outer in exchange-Yes. The banks; knew position, that you bad already parted notice at the foot of the contract Anenkoff force is about 1,300 and the Mongolia. The total strength of the The.

with these shares to help your brother This contract is made by us as prin military governor of Kanau, General La The Official Receiver then read a letter Ellis out of difficulties-No, that is not cipals, and one half per cent. brokerage Hung-tao, requests that one full battalion sent to debtor by the Netherlands Trad-BO. There was no complicated, arrange will be charged on this transaction. of cavalry be despatched from Chinese ing Society, with reference to settlement ment by which debtor and his brother Debtor said he must have noticed that. on various contracts totalling, £85.000, played au in and out game when they The contract was on pink paper, and, to Tenghasug district, in conjunction Turkestan to guard the various entrances and asked: Will you agree with me that were in difficulties. The arrangement asked if he knew that, & contract with a GREAT GALA PERFORMANCE that letter is merely camouflaged gam suggested by Mr. Morriss was that he broker was done on pink paper and others escape of the war prisoners, in view of with Kansu troops, so as to prevent the bling; that they did not want sterling, should keep the shares and that debtor on blue paper, debtor said that he knew the serious situation in Outer Mongolia all they wanted was the difference in the should give a promissory note for the Tis. this, but that at the time he was so busy at the present time. On the other hand, rate of exchange ?—Yes. They only 100,000 against his loan in hard cash, and that he did not notice whether the con- the Kansu officials and residents in- wanted the difference.

El Ezra was to guarantee Tis. 5,000 tract was blue or pink: “

Peking and Tientsin strongly oppose the The same applies to the contracts with by a second mortgage on one of his pro-

transfer of these Russians to Kansu, in- the Netherlandische Indische Bankperties.

siating that they be disarmed in Sinkiang They would have been satisfied with pay see how Mr. Morriss stood in regard to Mr. Macguire said that he wanted to

and be deported to Russian territory, ment of the differences.

regardless of how they will be received They were gainbling on exchange this debt which represented hard cash, as

and treated by the Bolsheviks and Com- compared with the other debtors.

munists in their own country.

Prices $4, $2 & $1.

Booking at Montries. Flans now open.

་།

AT

ST. ANDREW'S HALL

On Friday, April 15th, at 5:30 p.m.

"Given by

MR. PAOLI (Tenor)

of the French Opera House.

and

MME. DONZELLA (Soprano Lyrique)

(778

PROFESSOR DANENBERG.

Assisted by

Prices 83, 82 & $1.

Ticketa obtainable at MOUTRIE'S

HONGKONG BOXING ASSOCIATION.

1782

LAST TOURNAMENT OF THE SEASON.

SATURDAY, 16th April,

at

THE MING YUEN GARDENS

at. 9 p.m.

MAIN EVENT

15-Round Contest for the Heary Weight Championship of the Colony and the Hongkong Exchange Brokers Association Belt.

Pte. WILKINS; RELI (Heavyweight champion of the..

China Squadron 1920.).

AB.EVANE,"

H.M.S. Hawkins,

(Challenger)...

thit.

Yes...

THEN IN BHARES.

".

Debtor: You see, it s His Lordship: Is it Debtor You see, he is responsible.

BROTHER'S AWKWARD' POSITION.” The Official Receiver next questioned

His Lordship: Your brother has put debtor on the subject of a share transin, proof against you for Tis. 2,000,000. action with Mr. Harry Morriss concerning Is any of that cash f 3,950 Shanghai Cottons. Debtor stated that he approached Mr. Morriss and asked him to carry these shares from one settlement to another and make a loan: on, them. Debtor had purchased them at various times for delivery in June laat,

His Lordship-Have you ever had the scrip 1—Noật,

•

Did you ever intend to get the script I bought these shares. They were car ried for me by different brokers and they were supposed to be taken over at the June settlement:

"

Hi Lordship: Is any of it cash? Debtor No. No cash. But he is res ponsible to the banks. They hold him responsible. My account is closed

His Lordship: Do you say he has paid the banks Tis. 2,000,0001 No. I do not think he has paid anything.

Mr. Maguire: How is he a creditor to you, then?

Further questioned by the Official Receiver, debtor stated that Mr. Morriss he preferred to have the shares. wag not willing to take his lakh of taels,

EXAMINATION CLOSED. The Official Receiver: The company was then going, into liquidation, and, therefore, the person who held these shares would have so much control of the company 1-I would prefer not to answer that question: "p

It would have been possible 1-Yes, I suggest that Mr. Morriss preferred

to take these abares in order to corner

the market in Bhanghai Cottons 1-1 do not know

What is your opinion? His Lordship: What does it matter what his opinion is 1

In answer to Mr. Reader Harris (who appeared on his behalf), debtor stated that he had given Messrs. Benjamin and Potts an option to take over these shares at the December settlement on payment of his losse to Mr. Morriss, and any profit would have been taken by Messr Benjamin and Potts in settlement of ima indebtedness to them

BILLIARDS.

In the Ho Kom Tong handicap, at the Palace Hotel, Kowloon, last night, A. J. (200) Final-scores; 250-229 Osmund (—300) beat E. Guimaras

29, 42, 19, 18, 17 and 10. Guimaraez, 45, Highest Breaks :: Osmund, 41, 439, 30,

31, 37, 38, and 31..

Wednesday, at p..

E. Guimaraez now plays R. Thomas on.

Friday, at 8 pm, in the final

Omuud meets Berat-Major Stroud on

YOU ARE JUST AS OLD you feel. A. pair of correctly fitted glassem 3€ powerful factor in making you feel young- Eliciency demands that you wear gli sen, if

Debtor Ho has taken over my debts, His Lordship: How many of them The banks can call on him for Tis were actually registered in your name1 2,000,000 ---None.

On behalf of the Netherlands Trading His Lordship: Then you had not got Society, Mr. J. Bietsma questioned any-bought them, and different debtor with a view to challenging his Mr. Harris If you had sold out people financed them for me, so that statement that the banke know he was your holdings in March of last year, what your eyes are not perfect. Fully fifty per cont they were never put in my name. They gambling. Debtor insisted that they would you have been worth-About Tia. were bought in the name of the people knew he was gambling in exchange, 1,000,000. Debtor added that he was last of the people who do not wear glasses should do When the Netherlands Trading Society solvent about the end of September, Ho

who financed me,

His Lordship: Was a transfer to you asked him to put up security in October had found it difficult to obtain employ. A great many are unaware of the real con- ever executed by the sellers always he said he was unable to do so, but ment because he had been sued on two dition of their eyes outil the examination had a loan on them. I never had the pointed out that his position then was occasions, and everybody knew that he made. The Hongkong Optical Co., Baccessor money to take them up in my own name; favourable. They knew he was not an was in a moss

Also Five Six-Round Contests

and before taking delivery I got a loan import or expert merchant, but simply In answer to his Lordship, the Official to Clark & Co., Refracting and Manufacturing Special Trams will be ram,

and immediately put in the name of a clerk in an office, and that he only Receiver said he saw no object in pro- BOOKING A MOUTHIE'S. WEDNESDAY, April 18th Members (on production

the person who loaned me the money dealt in exchange as a gambler. *** Jonging the public examination, which Opticians, located in 63, Queen's Road Central of Catrent Membership Cards), such shares at all! That is the point you told the manager of the bank that cerned

His Lordship: Were there over ny is Lordship:.... But you knew when might be closed so far as he was con THURSDAY, 14th to SATURDAY, 16th General Public,

Yes. There must have been, your exchange did not show a low, that

•B3-reserv I and $1 nareserved, which can also be bought at Mourain's—is Honour What were their num you were insolvent!—Yes. ·.

bers-Inever got hold of these shares -

2. (Continued et foot of nest column.).

have the equipment to test your eyes accurately,

fitting

glaonem in Radian

ཙཏྟ

His Lordship declared the public ex Testing the sight and f

amigation closed, roying it could be re- opened if necessary, une dag van die panny and exclusive business.

་