1921-05-28 — Page 3

CORRESPONDENCE.

SUGGESTED PHILATELIC

*

SOCIETY.

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HONGKONG

THE HONGKONG DAILY PRESS, SATURDAY, MAY 29TH, 1991.

COMPANY MEETINGS..

UNION INSURANCE SOCIETY OF CANTON, LED.

CONFLICTING STORIES.

of over £330,000, and after deducting ASSAULTING A CONSTABLE. reinsurances and returns it amounts to £1,072,839.13.2. During the past year the

A Chinese constable who some time ago Society's world-wide business has been The 48th onlinary general meeting of extended to the African Continent and secured the conviction of a youth for sell

ing flowers without a licence, was, on TO THE EDITUR OF TAE

this Company was held at the offices in branches have been opened at Johannes Thursday afternoon, while walking in DAILY PRESS."')

Queen's Buildings, Hongkong, yeater burg' and Cairo. The balance of the Betcher Street, West Point, in mult, set Sin, -Writers on the subject inform us day, at noon, The Hon. Mr. A. O Lang working account for the year 1920 stands by two men who dragged him into a building in the course of construction that Philately, both as an art and a (Chairman of Directors) presided, and at 001,000 18.5, and out of this balance and gave him a severe beating. The mon habby, is occupying the attention of and there were also present:Messrs G. M. your Directors recommend the payment were arrested and charged before M providing profitable and instructivo enter Dodwell, G. T. Edkins, J. A. Piemmer, of an interim dividend of 25. share Lindsed!. tainment for more people today than W. L Pattonden (Directors). C. Mon- and a bonus of 20 per cent, to contribu ever before, and 1 have no doubt the tague Ede (General Manager), and the tors of business on bonus terus.

umber of collectors' in Hongkong following shareholders: The Hon. Mr. H. Your Directers have the pleasure to 16 Steadily increasing. "person. E. Pollock, K.C., Han. Mr. Chau Siu inform you that a bonus of 15 per cent. ally, know of half-a-dozen enthusiasts Ki, Messrs. P. Lauder, H. C. Gray, has been voted to each member of our „possessing valuable collections, and it, F. Townends A. K. H. Cobb, J. Bent-present stuff bolding a provident fund sets a pity there exists a present. no ley, W. R. Mansfield, Ho Leang, Chau agreement, for the credit of that fund, mes of bringing collectors together, Tsun Nin, C. D. Wilkinson, Ho Kom which we feel sure will meet with your such as aloent Philatelic Society would [Tong, Lo Chung Shiu, Leung Yan Po, approval.

R. A. Dastur, A; V. Apcar, M. Nemazes, In Mr. Fredk. J. Molville's book, "All... Adams, E. Harriton, about Stamps," I notice mention is made Cochrane, J. W. Alabaster, D. T. Sten of the existence of a Hongkong Philaveasou, W. B. Kennett. G. H. Wallace, telie Journal" published; I think, in J. B. Thompson, G. Grimbles, A. D. Ges, 1605, so it would appear that some E. J. Chapman, Chan Yue Teng, and H. twenty-five years ago the Colony boasted a Society, and I think the formation of and today! would prove a useful institu-

afford.

tion.

If this opinion is in any way general, perhaps you would allow thoke interested. to send you their names?

W. Dick.

The -CHALEMAN said:-Gentlemen, Before proceeding with the business of the meeting. I would like to refer to the retirement of one of your Directors, M. Andrew Forbes. Mr. Forbes was first elected a member of the Society's, Board Enclosing my card, and thanking you, in, 1G4, serving as a Director for 15 | years, and during that perjod his experi- jence and sound advice have been very helpful to us. Mr. Forbes always had the very best interests of the Society at heart and did much to increase its pros parity.

I feel sure you will all join me in wishing him every happiness in his

yours faithfully.

STAMPITE.

We are quite willing to comply with our mrrespondent's suggestion and accept the mams of those interested. Ed., H.D.P.]

THE INCREASED RATES.

NOT TO COME INTO FORCE. We learn that the Government has decided not to bring into force the resolution which was adopted by the

· Legislative Council some six weeks ago increasing the rate on nesements from 3 to 20 per cent." An official intimation to this effect has been received. by the Hon. Secretaries of the Constitutional

Reform Association and the Kowloon Ratepayers' Association which ́organi sations combined in convening the large public mecting held in the Theatre Royal recently, to protest against the increase

in the rates.

The communication from the Colonial Secretary reads as follows:-

י

am directed to knowledge the re eipt of the letter of May 17th forward- ing a copy of a resolution paned at the public meeting held on the 11th of May with regard to the increase of rates.

"NOT YOURS TO SELLz”.

DISPOSAL OF A “MUÏTSAL”

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The constable alleged that the assault was unprovoked, and was committed ag a reprisal. The two men accosted him saying: "Are you the chief watch dog of this district" When he told them that he was a lukong, they took him into the new house and there assaulted him.

Inspector, Appleton said that a Euro- pean Sergeant came up in time to see the first defendant, who was a foreman employed by the P.W.D.; holding the lutong by the throat. But for the timely arrival of the European, the lutong might have been murdered. The Eropean also saw the second defendant sneaking away behind a matshed.

Fich

The Magistrate said that if the con stable's story were true, the offence would be more "serious than if the de fendant's version was correct. He would, therefore, remand the case for the de fendant's witnesses to be called.

THE COOLIE AND THE TRUCK.

I now beg to propose the adoption of the report and accounts as circulated, and when this motion has been seconded I shall be pleased to answer any ques The defendant said that the constable tions that the shareholders may like to attempted to interfere with him while he was working; he did not know that usk...

the man was a constable and remonstrat- Mr. C. D WILKINSON said:Mr.ed with him. Words led to blows. He Chairman and Gentlemen,-I have very could produce witnesses to support his much pleasure in seconding the resolu tion which you, Sir, have moved, and, in doing so, I wish to remark in the first place that, although the âgures in the accounts now before us do not present as did the so dazzling an appearance figures in the accounts laid before us last year, we have every reason to congratu late ourselves, and especially the manage meat, on the fact that, notwithstanding the wave of depression through which the trade of the world is now, and has for some time boeu, passing (which, I admit led me, as it doubtless did many other shareholders, to expect a smaller dividend) not only have our profits proved to be

sufficient amply pay the same dividend as before, but also to place a very considerable sum to reserve, equalisation of dividend fand, and other purposes You, Sir, have warned us not to count upon a continus tion of this indefinitely, but for myself I am very optimistic, possessing as I do of its powers to surmount all dificulties so strong a belief in our Company and Gentlemen, when we think of the in- signifcant position which our Company street coolie. He was walking along the occupied amongst the insurance com Praya when the other man called him panies of the world not so many years and ordered him to lend the iron in ago, and of the marvellous strides which the truck and wheel it to Kennedy 110,670 shares£84.813 4.0 it has taken of late years, we may come Town, promising to pay him 10 cents

pare it with, at one time, a little steam

retirement.

The report and accounts were issued on the 10th inst.. which will have given you the opportunity of carefully study ing them, and I therefore propose to them, as well as the auditors' report as follow the usual procedure and take read. The working account for the year 1910, after deduction of interim dividend and bonus. leaves a balance of £594.32% 188, 4d, and your Directors recommend that this balance should be alloented in A final dividend to share- the following manner. A

holders of 16s. per share on

An

ance fund

A bonus dividend to share- holders of 20. per share on 110,879 shares......

addition to the reinsur

110,879, 0.0 100,000. 0.0 An addition to building re-

serve fund

An addition to equalization

of dividend fund ..... To be carried forward

70,000. 0.0

25,000 0.0

underwriting suspense ac- count to close the account for the year×1910°

900,100.14.4 These recommendations your Directors feel sure will receive the approval of the

Bod

THE BENEFIT OF THE DOUBT. A Chinese was charged before Mr. Liadsell, at the Magistracy, yesterday, with the theft of a truck, and with un- lawful possession of 50 piculs of pig iron.. to The defendant and another man were seen at 8 am, on Thursday wheeling the truck, which was Jaden with the pig iron, along the Praya. A Chinese constable stopped and questioned the men, de endant's foki volunteered to go for the owner of the truck, leaving the de fendant in the constable's charge. He removed to the station. did not return and the defendant was

The

The defendant said that he was a

A NOCTURNAL THIEF.

launch, capable of navigating in shallow for the trouble, and he undertook the and home waters only, for which has job. been substituted first a small steamship, A woman said that she hired the truck then a larger one, and, finally, one of and left it for a few minutes unattend the very largest and staunchest evered in Kilung Lane When she return- built, capable of being navigated ed, it was gone. throughout the seas all over the world. The Magistrate, said that there was And, although we have, at the present possibility that the defendant was time, at the helm of this great ship ainoacent, otherwise be would not have pilot-skipper of unquestionable skill in consented to remain with the constable her navigation, and one who absolutely while the other got away. He gave the rofuses to recognise the possibility of defendant the benefit of the doubt and defeat, even as regards his own person, discharged him.

am convinced we can rest assured as regards the future, in the knowledge that, there are other officers in the ship, of great ability, prepared to take his A Chinese who had been three times place when he resigns command. Men imprisoned, and crippled through being who, although they may not be as con- shot in the leg by a Chinese detective fident as he has always been as to the two month ago, was charged before Mr. absence of risk, where, to the many there Orme, yesterday, at the instance of appeared to be risks, can be relied upon Sergt. Kelly, af No. 2, Police Station, to take a safe line, and steer the ship with (1) having been found ou the away from danger.

It must be borne in mind that, when first floor of No, 41, Sharp Street-East a course has been well charted, for an unlawful purpose, and (2) un shoals and reefs previously undiscovered lawful possession of a rain-coat and a being plainly marked, it becomes in pair of boots. finitely easier to navigate a vessel over. the same course than it was for the skip per who first piloted her. Typhoons and gales may be encountered and doubtless a certain amount of loss suffered in con-

2. The matter has received the eare shareholders. ful consideration of Government, and itith reference to the dividend it is has, now been decided to bring forward proposed to "pay, it is perhaps unneces a resolution at the next meding of the sary to remind you that the trade of the Legislative Council to rescind there world is passing through a time of un- solution of the 7th April, goɖ restore the precedented depression and you will re- trates previously in force."

member that at our last annual meet ing my predecessor sounded, a note of warning as to the uncertainties of the future. The correctness, of his forecast is though it must be very gralifying pace

by existing conditions to-day, for you to note your Directors' recom- mendations as to the continuance of the payment of the bonus dividend of £1 per share on 1919 account, it would be unwise to expect the indefinite continu- ance of same unless indeed there is a great revival in trade in the near future and consequent prosperity in Insurance, sequence, but not the loss which would which is, as you know, regulated by probably have been sustained had it not sound business conditions Underwriters bien for the existence of a well defined throughout the world have during the chart. past year been working under great dif- culties, and the forecasts of the near future are not encouraging, but by watchful care we hope that we shall be able to emerge from this period of anxiety without loss of strength.

PILFERAUE LOSAKA,

LANE, CRAWFORD & CO.

Have a large selection of Boots & Shoes la Black-

Brown-Patent Leathers, and White Canvas in all sizes for

INFANTS, BOYS, GIRLS,

MAIDS & YOUTHS

and offer the entire stock for this week only

AT

25%

· INFANTS' KID STRAP SHOES

in Black, Brown & White....... WHITE CANVAS SHOES

with Neolin Soles.

BROWN LEATHER LACE SHOES)

A strong make for School wear ALSO IN BLACK GLACE KID.

REDUCTION

Sizes 2 to 8 83.00 pair.

All Sizes from $2.50 „

Bixen 5 to 8 $4.50, 9 to 2 $6.00"

BOYS' BLACK LEATHER BOOTS Sizes 8 to 11 $6.00

FOR BOYS OF 5 to 13 years.

$3

[

MAIDS' WHITE BUCK LACE BOOTS)

WITH PATENT GOLOSH.

13 to 2 $7.00

Sizes 12to 587.50%

LANE, CRAWFORD & CO.

£15

THE TYPHOON SEASON

IS NOW APPROACHING.

Be forewarned-

by having one of the latest

improved BAROGRAPHS

and be forearmed.

་ ན་,་

LANE, CRAWFORD & CO.

HONGKONG.

NEW RECORDS

A2798

[INDIA

BLUES

¡FIRST ROSE OF SUMMER

SOMEBODY'S HEART

דין.

| A2797

(I WANT A DADDY

A2840

werc

(BURMESE BELLES

A2841

The anomalous

A Chinese constable said that about position that, the machinery of British justice should be

4.0, yesterday morning, he was on duty used, in a. British Colony, to restore

ia Sharp Street, when he saw the de- fendant passing from the verandah of to its owner the body of a human being

No. 39 to 41 with the coat, and boots who had been bought and sold, arose,

slang over his shoulder. He blew his once more, in a case heard at the Magia

whistle. The inmates of No. 41 rame tracy. yesterday afternoon, before Mr.

out on the verandah and caught the B. E. Lindsell.

defendant who was crouching in a corn A Chinesa woman, who earnt her living

Our Society has progressed marvel-er. The coat and boots, which were by sewing in the streets, was charged

lously, and D.V. it will continue to profound by the defendant's Ride, with kidnapping He Kei Chak, a mus

gress, and so reach farther heights, but identified by a Chinese ticket inspector fari, uged 14 years, by Chinese computa

even if it should not do so, I myself of the Tramway. Company who resides tion, and a man was charged with siding

venture to think that there will be on the second floor of No. 30, as his and abetting:

retrogression, for that the present stagna property. Mr. H. L Dennys, solicitor, who had

tion of trade in our own Colony, and

The defendant: 1'am a eripple, bow the assistance of Inspector Murphy, of You will all have heard of the extra-elsewhere is but for a brief period, and

can I climb? the Secretariat for Chinese Affairs, ap-ordinary losses suffered through theft and will cease long before our next anndal

The Magistrate: That is your busi- peared for the complainant, Mr. Dennys your management has been giving those meeting. For myself, I shall be more

Loves due than content if our position in the future. Six months. said his client was a Chiness merchant matters their close attention. in Hongkong and Macao. Ho had had to the extraordinary wave of crime which remains as it is at the present time bad the mui faci since last December. It

as shown by the report and recounts, passing over was alleged that the girl and happily appears to be..

world are away by the two defendants and taked ratio for the auto pormal. The loss the resolution for the adoption and pass 1020 amounts to 46 per ing of which I have the honour to second. to Cantau, and subsequently to Macao. cent, as compared with 34 per cent, for tare satisfaction, which I feel sure will

In conclusion desire to express ny in At the latter place the mui taas was the first year's working of 1919, recognised by some friends of the com The addition of £300,000 to the rein be shared by all concerned, that some plainant's and they arranged a bogus pur. Kurance fund will bring this fund to recognition has been given of the-vala chase of the girl so that she might be 21.048.01.18.5, and whilst this may apable services which have been rendered brought back to Hongkong. The compoar to many as being o very large by the Staff of our Company. plaint was notified and was awaiting guro, your Directors are of the opinion The report and accounts were then

arrival of the party at the wharf, that it is not unduly large considering adopted. with a district watchman whe arrested the magnitude of bur operations Dur ing the year the Fund has fulfilled its the defendants.

use and has borne part of the heavy and unusual losses that we in common with other insurance companies have flered:

year

The CHAIRMAN said:—Gentlemen,--The report has been in your hands, for some time, and I will, therefore, with your aud take it, as well as the auditors' re permission follow the usual procedure

The balance to be dealt port, as read. with under 1919 account amounts to $585,591.01, which your Directors recom mond be appropriated as follows:--- Dividend of. 87 and bonus of

83 per share on 20,000 shares $200,000,00. To add to reinsurance fund 200,000.00 To add to extra reserve fund 100,000.00 To carry forward to under-

writing suspense account. 185,591.01. Turning to the balance sheet, you will notice that sterling exchange this year is 3/13, na against 4/10) last year, which has had the of fargoly

Mr. NEMAZEE proposed the reelection of Messrs. G. M. Dodwell and G. T. The mui tani, a plump and well-grown,

Edkins as directors: child, said that on April 8th, the first

Mr. STRAVENON seconded and the mo defendant spoke to her when she went

tion. was carried. out to buy, some nuts and prevented her THE SOCIETY'S PHENOMENAL GROWTH.

**The Hon. Mr. H. E. POLLOCK' proposed from going back to her master's house, Your Directors feel, that reference the re-election of Messrs. Lowe, Bingham The male defendant was with her. They should be made to the position of the and Matthews and Mr. C. Bernard took her tu

She was taken on toit enjoys to-day. Its growth has been $2,000 each. Macdo almost immediately. There, the phenomenal. The Society's fund in 1913 Mr. Ho LEUNG seconded, and it defendante told her she would be taken inight be roughly computed at £1,207,000 agreed to to Siam to be sold as a slave there. and the report hafore you will show you

This concluded the business, The woman, who arranged the bogus the great strides that have been made sale, by means of which the mui trad was since that year. This satisfactory re THE CHINA FIRE INSURANCE: brought back to Hongkong, also gave alt is undoubtedly due to the care and

CO., LTD. evidence...

attention of the staff generally, and in that connection. I cannot emphasise too

52nd annual meeting of this Com- was at

for the Canton and the man paid Society in pre-war days' and the position Brown as auditors at a remuneration of the dollar content of the Comp

The woman defendant said the girl was willing to be sold as a slaye.

The Magistrate: What has that got

Wawe tis

The

sterling securities. The reipeurance fund was standa at $1,392,623.96 дя -against

$1,030,385.56 for the year 1910. Consider ing the depressed state of trade, through which we have passed and are still pas ing, I feel sure you will consider the gurea very satisfactory. I now move that the Directors' report and statement of accounts as presented be adopted, and

our General Manager, Mr. ings, yesterday. The Hon. Mr..A. O. Pleased to answer any questions that may do with it. It is not your girl to be Ede, who in spite of very indif- Lang (Chairman of Directors) presided,

BENTLEY, seconded and the "report

sold; it is this gentleman's girl, forent health has continued to do and there were also present: Mesers and accounts were adopted as

The woman also said that the mui tens vote his whole-hearted energies to the t M Dodwell, J. A. Plummer, W. Mr. J. W. ALABASTER proposed, and Mr. naked to be taken away as she feared, welfare of the

Society, and his Fattenden (Directors), C. Montague Edo A. E. 6. ALVES seconded, the re-election hor master intended to sell her as a wonderful pluck and endurance in carry (General Manager) and the following of Messrs. O M. Bodwell and J. A prostitute.

ing on under such trying circumstances shareholders leasra, J. Bentley, JW Pluminer na directors The Magistrate sentenced the woman to cannot fail to evoke our deepest admira Alabaster, B. M. C. da

V. L. three monthe imprisonment, but dis- tion.

The auditors, Measre. Lowe, Bingham Beraedios, A. E.

charged the man as, in her statement to income of the year under review is over hidd, B. C. Gray, AA Alves, A. K. Mr. B. MC Da'Curba, seconded by It is noteworthy that the premium Ribeiro, M. A. R. Souza, W. R. Mans were re-appeinted on the proposition of R. V and Matthews and O. Bernard Brown the Secretariat for Chinese Affairs, the

two and one half times greater than that H, Cobb, and W. Gardner p

This concluded the business, Mr. A. A. Alves. B

musi taas more or less exonerated the man,

though the said in the witnes box that

he was concerned.

of our best pre-war star A compared (Continued at foot of next column.) with 1818 first year it shows un juercase

YOUR ONCE-IN-A-WHILE

RAINBOW OF MY DREAM'S

ANDERSON'S

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Powell

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[84

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