1921-12-14 — Page 2

Page

THE HONGKONG DAILY PRESS, WEDNESDAY, DECEMBER 14TH.

THORNYCROPT

JOHN L THORNYUROFT à 00, LIMITED

SHIPBUILDERS AND EXOINKKIS,'

LONDON, SOFTWANTTOR

Shanghai Office:

AND BASINGerdzi

*Road.

15B.H.P. 30 BHP, 50 B.H.P. Enginės

in Stock

For quotation apply--

SHANGHAI OFFICE.

MACKINTOSH'S REMOVAL SALE

FURTHER REDUCTIONS

TO EFFECT A CLEARANCE OF ALL SALE GOODS

SALE ENDS FRIDAY NEXT

MACKINTOSH & CO., LTD

U

́ ́MEN'S ́· WEAR · ̈ SPECIALISTS

16, DES VEUX ROAD.

What comes once to

every woman"?

"Once to

*Telephone 29,

Every Woman

Is it Love at First Sight?

TOYLAND

WHITEAWAY'S

HONGKONG'S

LEADING

TOYS.

GAMES

CALENDARS

EMPORIUM

XMAS CARDS

XMAS ANNUALS

TOY BOOKS

DRESS CASES

MANICURE SETS

JEWEL CASES

SUITABLE GIFTS FOR

WHITEAWAY, LAIDLAW & CO., LTD.

20. DIS VOEUX ROAD, HONGKONG.

THOS. COOK & SON

TOURIST, STEAMSHIP and Forwarding AGENTS, BANKERS, Erc. TICKETS SUPPLIED to ALL PARTS of the WORLD at Tariff Bates. LETTERS of CREDIT and CIRCULAR NOTES ISSUED AND QASHED. BAGGAGE Cohsated, forwarded and end at lowest rates: Cook's FAR EASTERN TRAVELLERS GAZETTE containing Bailings ad Co the Far East to all parts of the World will be forwarded free on application

THOS COOF & BON, Talographo address: "COUPON." Telephone No. 524

.....

evra

Hangkang Hotel Buildings, comes of Pedder Street and Des Yeux Hoad, HONGKONG Also SHANGHALPEKING & YOKOHAMA, Chief OfficeLUDGATE CIRCUS, LONDON EC

THE AMAGING DR. SUN.

AND AN AMAZING 'CONTRACT.

Under the heading of The Amazing Dr. Sun. the Peking Daily News has the following leading article.

It is frequently the complaint from the Bouth that we in the North are at the mercy of an anti-Sun Yat-son campaign that makes propaganda of every item of news from Canton 15 plain statements of fact do come to our ears-and we are told that such occasions are rare we ars accused of misunderstanding the Canton leader. Many people have honestly tried to understand Dr. Sun, but his behaviour. since he went into opposition against Yuan Shih-kal after, the establishment..of. the Republic has been of such an incom- prehensibic nature that "they have dos- paired of ever understanding the man who presumes a supreme title in China. First be flirts with Japan, then be be- comes a violent anti-Japanese. At one time he addresses himself to the task of suppressing the banditry of Kwangtung province, then he turns a complete somer-

A copy of this Prospectus in English and Chinese has been filed with the Registrar of Compania

The Subscription list will open on 18th day of November, 1921 and will close on or before 15th day of December, 1921.

THE HONGKONG HIDE AND LEATHER

COMPANY, LIMITED.

1

(INCORPORATED UNDER THE COMPANIES ORDINANCE 1911-1991)

SHARE CAPITAL $1,000,000.00

Divided into 100.000 ordinary shares of $10 each.

Of the above shares 18,710 are to be issued and credited as paid wy, and, as hereinafter mentioned, 53,390 of the remaining shares are now- offered for public subscription, payable as follows:-

$5 per Share on Application. 35 per Share on

•

Allotment

It is not proposed to is the balance of 23,000 share until it shall appear moosssary or advisable to do so (în the interests of the Company)

sault and embraces superbandits of the and for the purpose of the farther development of the Company's undertaking,

calibre of Chen Shu-fan.. If we are to adopt the maxim which tells us to judge

man by his friends (we are warned. that Sun is too enigmatic to judge him by his words and deeds), we must come to the conclusion that Dry Sun is a villain of the deepest dye. For the pur pose of raising an army to spread his influence throughout the Yangtze valley, he consorted, with all the principal South- ern and Central China trouble-makers who have no title, other that of advan- turers, who will rally to any standard. under which they see a chance of guing ing provincial power. Sun Yat-sen, not content with carolling as many bandit leaders as he can, even makes friendly overtures to the 5ttle Esu.".

of traitors led by The that archvillain, Anfu-ites would sell the country, to Japan for a few well-lined joks under a Japanese régime. Their leader is aa outlaw with a price on his head. These facts do not disconcert Dr. Sun, nor do they abate in the slightest degrees his wealth of invective against the Japan.

and his disserta ised Peking Cabinet sions on his own patriotic professions. 幟 But placed side by side with his, pronun

iamentoes to the American people, they of would give the world a truer picture the would-be dictator of China than any pen picture of his charming personality, Indeed Dr. Sun is past understanding nd that is the most generous tribute one could pay him....

DIRECTORS.

Hon. Mr. LAU CHU PAK, Gentleman, Cain Road, Hongkong.

W. A DOWLEY, Exchange and Bullion Broker. Room 6, Post Offer wüldings, Hongkong.

M. OMAN HARR, Managing Director, Sinoers Company, Limited, Hongkang.

HO JACK LUM, Partar, Kwong Sang Lee, Hongkang.

W. M. HUMPHREYS, Partner, W. G. Humphreys & Co., 5, Daddell Street, Hongkong.

BANKERS.

Hongkong & Shanghai Banking Corporation, Chartered Bank of India, Australia and China. Bank of China-

SOLIDITORS.-Wilkinson and Grist. SECRETARY.-Sydney Humphreys.

^?...

AUDITORS—Percy Smith, Seth and Fleming. REGISTERED OFFICE.-6, Undall Street.

ABRIDGED PROSPECTUS.

Object-This company has been formed to purchase as a going concern the business known as the Humphreys Hide and Leather Works carried on by the firm of W. G. Humphreys and Company of No 5, Daddell Street, Hongkong.

of

Ma Tau Kok

Business-The business comprises the manufacture of all kinds of Leather and the dealing in of hides and sking, and of all dariptions goods and merchandise incidental to the business of much nature, wat is carried on upon extensivo, well-built, commodious, and "Promises at modern pramuses situated as Ma Tau Kok, Kowloon, on Kowloon Inland Lots Nos. 1207 and 640, which contain an ares of 110,942 square feet, held under a Crown Lean for, 75 years with an option of a further 75 years from the 18th day of December, 1911, sabiect to a Crown rext of 1508.00 per annum. These premises are within the Offensive Trade Area se defined by the Sanitary Authority and a licence has been granted by the Government to carry on the business of a Tannery in all respects thereon.

Site-The Site is ideal for the purposes of the business, its area is ample for say future extensions that may be necessary, it is situated on the main road between Hak Un and Kowloon City, and is in close proximity to the sea frost.

4

BulidingThe extensive buildings arected on the Property as onstructal of the beat solid brick and concrete with tiled roofs, and oncrete pits and floor. This type of construction ensures a low rate of Insurance against Fire.

Machinery and motive power. The Tannery is equipped with the most up-to-date Hide and Leather working machinery. The motive power is supplied by 100 B. H. P. Crude Oil Bolinder Kagine with Generator direct connected, the various processes in the Tanzels being operated by separate Electric drives from individual Moters

water supply. There is an independent supply of water from specially constructed Well on the premises which is ample and suitable for the business.

But for the sake of China we cannot leave him with that perfunctory dis missal. At the risk of misunderstanding him we must draw attention to the latest of his fantastic actions. In Thursday's issue of the Peking Leader appeared a reproduction of what was rightly describ- ed at an amazing contract signed by the Canton Government for a loan to the amount of Gold $100,000,000. In the light of the Southerners patriotic and indignant repudiation of the Cassell son- tract, when they waxed so exceedingly. The premises are sold to the Company subject to a charge to the Mortgagees to secure $200,000 at sa interest of $7 per cent per sha virtuous that they extracted the admira- The Mortgages stipulate that 3181000 ball be repaid by the Company at an early date and consent to the balance remaining on loan. I, an

are fully subscribed it in proposed to pay off the whole debt forthwith. tion of Professor John Dewey and drew is anticipated, the arm now offered to the public s

Valuation of Property-Herennder are set forth at conservative figures the value of the property purchased by the Company and

Labour.-A plentiful and healthy supply of cheap country labour both male and female is always obtainable. The expansion of the From the foregoing facta it is business will therefore provide employment to a large number of Chines at ourers who increased efficiency and development is in itself sull sient to commend this undertaking to all those who have the interente of Chinese and British 11sde at beart. asserted that from its equipment and position the Tannery has few equals, a

Purposes of Formation.-The Reasons of the Vendors in tarning the business into a limited liability Company, (a) To procure the necessary additional Capital required, in order to meet the increasing demand for their Leather; (6) To further develop the business along sound progressive lines.

a measure of respect from the world, the terms make exceedingly interesting read-

TERMS OF PURCHASE.

ing. A map by the name of George Hapon which the Vendors have baasd the purchase price, c

Shank, Sa

+

took to flores, under-

the huga: sum of one hundred million gold dollars in the American market. The proceeds of the issue were to be applied to in- dustrial development within the provinces of the Republic of China." In consid- eration of services rendered," the said George H. Shank was to resive gne- third of the net profits on all industries organised and promoted through his efforts. Mr. Shank's efforts presumablyi

were to be confined to the Botation of the issue. In addition, the youthful American was to receive the handsome commission of 3 per cent. of the price of the materials bought with the pro ceeds of the loan. The actual contract is reproduced in facsimile in the Leader for the benefit of the incredulous. It was signed on January 17th at Canton and bears the signature of Dr. Sun, the seal of the Ministry of the Interior of the. Canton. Government and the seal of the Minister.

With the identity of Mr. George H. Shant we have no concarn. Suffice it to say that his financial feat has apparently not yet troubled the money shops of Wall Street, nor is it within the knowledge of the American Group of the -new- Consor-"[ tium. We are told that one effort was made to market-the-bonds and that that Failed. Bo, the ambitious contract may be written down as & scrap of paper. But its publication, reveals Sun Yat-sen -We really must take him at his face valueras à fool who has not the wit to be a knave. He might have, profited by past lessons of his foolishness but to all accounts bis imagnaton is ever ready to be sweetened by schemes of whatever. character a long as they pander to his love of power.

Land (F. L. 21967 add 640-110942 Sq. feet) and Buildings thereon arealued by J. Caer Olark, Architect and Surveyor....$ 300,505.00 Machinery and Plant as valued by Robt Hunter, of Macdonald & Co. Engineers.....

110,779.11

Stock of Hides, Leather, Chemicals and Materials etc, as par valuation by S. Humphreys and certised by Edmund McGrath,

Tanner, less amounts due as shown by the books

65;821.05

$487,105:16

No charge for Goodwill, stc.—In as much as the undertaking is a comparatively new one, the Vendors present to the Company the goodwill of the businers and the trade marke and chops relating to their goods which are already well known and growing in popularity rapidly. The Venders also claim no recompense for approximately years of careful experimental work as a result of which climatic and other diffi ulties have been overcome, the types of Leather most suited to the Chinese market gauged, and exactmanufacturing cost ascertained. Applications will be received by-Hongkong, & Shanghai Banking Carporation; Chartered Bank of India, Australia and 'China"

Bank of China.

And Prospectus and forms of application can be obtained at the above Banks, or from :-Members of the Hongkong Stock Exchange, Members of the Bongkong Share Brokers Aucciation, bin Registered Office of the Company, or at the offices of the Company's Solicitors; Messrs. Wilkinson & Grist, 9, Queen's Road Central, Victoria, Hongkong,

PUBLIC SUBSCRIPTION LIST

CLOSES ON

THURSDAY NEXT, DECEMBER 15th 1921,

KINDLY FORWARD APPLICATIONS

NOT LATER

THE CHINA SQUADRON. IMPENDING CHANGES IN

PERSONNEL

On November 19th the relief crews 'for. Preposterous, shallow, four of the sloops or the China Station pretentious, and misguided, he still has

the effrontery to strut the stage of left Liverpool by the .s. Cyclops, and China's political life as if he were a should arrive at Hongkong by December heaven-sent redeemer-of has done so

the

and,

much to keep in distry he 22nd-in time to eat, their Christmas din whose unhappy condition he trumpets ners in their new ships. In addition to with such gusto. What would he do if the foregoing, the Cyclops will also take he were really the dictator of China out a new crew for the light cruiser With this latent exploit as a guide, we Cairo on the same station, and a half- cannot help but think that he would crew for the depot thip Tamar." The either Bolshevise it or sell it to the highest latter moiety will be furnished by the bidder.

Devozport Depot, Chathara Depôt will find crews for the Magnolia and Bluchell, and those for the Hollyhock and Fe plove will be drawn from the Portsmouth;

IF YOU WEAR GLASSES there is almost as much comfort and Depot pleasure in wearing Pince-neż Eye The four sloops will get four new skip- pers on re-commissioning. The For Glasses, as there is in possessing gone's commanding officer, Captain G perfect pair of eyes for they it so em Brady will be succeeded by Com fortable and secure that you forget you mander G. B. Palmer, D.B.O.; Command- B. C. Watson, D.8.0., will relieve have them on-the-most important im Commsader Hector Boyes, C.M.G.;_of provement in eye-glasses in the past the Hollyhock, Commander B. B. Brooke, D.3.0., of the Magnolia, will be replaced twenty-five years. Pince nez Eye Glasses by Commander R. Y Eyre, D.8.0.; and of any prescription in either regular or Commander H. N. M. Hardy, D.S.O., Zorieform are manufactured by the will relieve Commander E. A B. Stan loy, D.8.0., of the Bluebell, mert AS Hongkong Optical Co., successors to Amongst other appointments just Clark & Co., Maanfacturing and Bemadó, Burgeon-Lieutenant G. N. Carter. fracting Opticians the most competent hus bes posted to the Magnolia, Burgeon- optical manufacturing establishment in Lieutenant A. H. Harking to the For glove, Surgeon-Lieutenant A. B. Grant Booth China located

Queen's to the Hollyhock, and Surgeon-Lieuten- Hoad Central-ÄDTE.

int N H. Davidson to the Bluebell,

THAN THIS DATE.

OBTAINABLE

FROM

LANE

*CRAWFORD

co.

HONGKONG

CIGAR

втора

TABAQUERIA

ICCADILLY

CIRCUS

VIRGINIA CIGARETTES

FILIPINA,

BRITISH

CHINA

TOBACCO...

STORE

D

ALEXANDER BOGUSLAVSKYL

55 PICCADILLY W

2, E. WATSON

& CO., LTD.]

ALSO

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AND

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