1922-05-13 — Page 3

1.

CORRESPONDENCE.

SIR PAUL CUATER'S MEMENTO OF THE PRINCES VISIT, 1TO THE EDITOR OF "THE HONGKONG DAILY PRESS."}

THE HONGKONG DAILY PRESS, SÁTURDAY, MAY 1ŠTĖ,

THE $5,000 BURGLARY. YOUTH CHARGED WITH

RECEIVING.

COMPANY MEETINGS. ·

UNION INSURANCE SOCIETY OF CANTON, LTD.

samme 214

Your organization remains much the last year, no extensions of particular importance having been nicle. In all directions, however, Arising out of the recent urglary of The 49th ordinary meeting of the the opportunity has been taken of Hyptoola's drapery store in D'Aguilar Union Insurance Society of Canton, Ltd., the redseed volume of routine work to Street, when #3,000 worth of woollen was held at the offices, Queen's Building, | overhaul the driving machinery and goods were stolen. a Chinese youth named Hongkong, yesterday, at noon. Mr. Weffect such repairs nad renovations as Kwok For, who described himself to the Pattendru (Chairman) presided, and appeared necessare to maintain A high Polier as a watchman on the Adiniral there were also present; the Hon. Mr. stato of effeiency, apon which so largely Láné steamers, was charged before Mr. A. O. Lang, the Hon Mr. E. V. D. Farr, | depends the prompt service expected of J. R. Fraser, at the Magistracy, yester; and Mr. G. M. Dodwell (Directors): Mr.ns by our friends and supporters. day afternoon, with being in possession of C. Montague Ede (general manager): Prior to the conversion of your expital two pieces of 'eleth valued at $46.37 Mesers. G. M. Young, Mowbray S. North-fram siver into sterling, in 1910, there believed to be part of the stalen property; cote, C. C. Hickling, W. F. L. Shenton, were 1.147 holders of the Society's shares,

and, secondly, with pawning the goods without the authority of the rightfal Bentley, P. Lander, Hồ C. Gray, A. At the present time there are no less C.Hay, J. W. Alabaster, W. R. Maus-than 1,315 -hareholders. Your Directors firi, F. M. Hodgson, A. H. K. Cobb, ferl, that the support accorded to the H. B. L. Dowbiggir, Ho Fook; J. Arnold, Society is scarcely commensurate with R. A. Dastur, H. M. H. Nemazee, F the incause in the number of sharehold

B12-With reference to my promise to Forate the sum of 850.000, for the benefit of ex-Service men in the Colony, after consultation with Major-General Mác. Haghten, Chairtaan of the Executive Committee of the British Legion; "Major A Murdoch, his successor to that office; and Mr. S. Tresdair Mackintosh, Vice President Bf the ex-Active Service Men's Association, I have come to the decision that my bat nurse is to place the capital | wwser. Fan-50.000 in the hands of Trustees

On the goods being reported to the and to distribute the incom therefrom Police, as fixing, a search was made "between the two Associations in equal the pawn shops and at the Chun Hing M. Elbis, A. S. Ellis, In Cheung Shiu, ers, and urge the importance of your

Tums for the first five years and there. after in such proportions as may seem desirable until such time as, in the opinion of the Trustees, ex-Service Tarn in the Colony cease to need any materia),

assistanc When that time arrives it) will be left to the decision of the Trustees in what charitable, manner the capital sum shall be disposed of. Hon. Mr. A. C. Stephen and Mr. D.... M. Bernard have kindly consented to"not as Trustees, and the capical som will be paid over to them as Boot as the Trust Deed is ready: I may add, in conclusion, that I have Do doubt that when the War Memorial Nursing Home is erected sonic provision will be made for ex-Servier men in needy cirqumatano.-Yours faithfully.

C. P: CRATER. Hongkong, May 12th, 1922.

A SMART CAPTURE. CHREE AHMED MEN. CAPTURED)

AT SHAMSHUIPO.

Three-allegat robbers were captured in the Sham Shui Po district on Wednesday night, Breviving certain information. Hergrant frig hurriedly collected-ten-| constables and went to Kee Lung Street

Leung Yau Po, Ho Lung, Chau Tsun personal support and endeavours to in- Ni, Chau Siu Ki, A. II. M. de Silva,fluence business. and Chau Yeu Ting (shareholders).

"THE CHAIRMAN'S, SPEETH,

"ESOT

I now beg to propose the adoption ofį the Report and Accounts as girculated, and when this has been seconded, I shall be glad to answer to the best of my ability any questions you may wish to put.-(Applause.)

Pawnshop, Queen's Road Central, two pieces of cloth were found to have heen pawned by the defendant for the sum of

I record with regret the death of two I. On arrest the man said that he received the goods from his slider brother. The GENERAL MANAGER read the notice members of our staff. Mr. W. T. Stacy, a loyal and valued servant after 15 Mr. Hiptcola, a Parser, proprietor of Convening the meeting. the drapery business of that same at

years' service in Adelaide, as manager of No. 4, D'Aguilar Strent, said that on the

The CHAIRMAN said: Gentlemen.-Theither the British Traders Irisurancu when showing aquantity of 5h inst. gonds to a customer, he discovered that Reports of Invarance Companies the world Company's or the Society's Branch Office Batavia Branch. Our sympathy is ex- those Dow own private stock-taking mark had over have probably never before been theres also Mr. T. Fuller, wanager of the

tended to their relatives ~ which in- vanished and that several lengths of cloths realy anticipated as showed fraged ends as it cut by an in-making their appearance,

Gentlemen, the various Agents of the creased interest might be attributed to experienced hand. His suspicions were

more Society bay continued to neeord us their aroused and on further investigations merchants desiring to pissed a being wads, he found that in all some 40 intimate knowledge of the Companies to generous support, and it need hardly be which they look for protection in the said that times, such as we are passing, pieces of lath, in the value of 25,000. were missing. He at once reported the course of their business, and also to thead have passed through, thx to the urmost the resources, anil capacity of matter to the police and had his staff, considerable", notice recently direted” to

your Staf. We feel confident that you which consisted of his brother, his sod Insurance matters by the Press. and coolicy examined. They could Following upon the year 1920 we had will approve the 15 per cent, bonus' which] throw to ligh. on the matter. He then ample warning that trade conditions has been voted to the credit of members noticed that the duplicate key of the shop would not permit of Insurance Companies of the Staff, holding Provident Fund door was missing which led him to believe transacting the same volume of business, agreements | that burglara had entered the establish and if we are to judge from the expressed ment between April 9th and May 5th, opinions of prominent financiers and mer- The pieces of cloth stolen were of various chants, no general revival in trade enn Until lengths, ranging from 15 to 30 yards, and be expected for some time yet.

of various colours Five of the pieces trade revives, it is only to be expected were of check and three were of fine white that insurance cannot assume its normal gobardine.

Kife. This state of affairs need cause no Cross-examined at great length by Malarm to the shareholders and supporters to intercept a gang of robbers who were A. E. Hall, who appeared for the de- of such old-established Companies as the believed to be on their way to commit fendant, the witness said that he had had án armed robbery. The constables were 30 years' experience as a draper in the Society, which in the conduct of their placed in hiding, and at a given signal Calony and had secupied the present shop business hare, in the past, built up res zushed out on five men, who answered for two years. The cloth in question, he

serves to meet them and other contingen to the description the police had received. had purchased in Bomfiny about two The men did not submit quietly to the years ago, but na trade was bad" he had

The Working Account for 1920, after police." There was, in fact, a desperate not sold many yards of the particular allowing for bonus to contributors

an interim dividend of 24. per share struggle. Two of the men managëd get piece which was on view in the Court.

shows that the balance available for dis away, and it was some minutes before the He said that it might be possible to buy other three were subdued. On being the same kind of cloth in other shops in tribution is 131,628. O ad. This sum searched a dagger was found on each

your Directors recommend should be ly. of the men. The police also took from the Colony and he was not prepared to

With regard to the election of Direc their captives two large toy pistols and dispute Mr. Hall's contention that he dealt with" by the payment of a final

tors, the CHAIRMAN mentioned that Mr. a pair of "tailor's scissors pointed,, and could. All he knew was that this cloth dividend to shareholders of 165. per share, J. A. Plummer had recently resigned sharpened apparently for some unusual was his." "I can tell it," said the wit by carrying forward to Underwriting from the Board, on leaving the Colony purpose.

ness emphatically, by the feel, by the Suspense Account, to close the year 1920, and did not offer himself for re-election.. "The men were brought before Mr. touch or if only too, well, and he the cuts

they and, in The Hon. Mr. E. V. D. Parr had accept- Lindsell at the Magistracy, yesterday fingered the roll, which was laid before order that the bonus dividend of 208, per ed a sent on the Board and, being eligible, morning, charged with the unlawful him in the witness box, with the toith share might be maintained, your Direc- offered himself for re-election, possession of arms and with assaulting the of a man who is master of the art of tors further recommend that you acquiesce Mr. H. M. H. NEMAZEE proposed, and polier. At the request of Sub-Inspector distinguishing between good and bad in their proposal that £55,500 be trans Mr. Ho Foux seconded, that the Hon. Pitt the rare was formally remanded to

don't know where you can ferred from Equalization of Dividend Mr. A. Ú. Lang and the Hon. Mr. E Wedning next, pending further inves find this cloth in the Colony. Mr. Hall Fund Account to the Working Account V. D. Parr be re-elected Directors, and tigations.

be able to find it; he can try if he balance for the year under review.

All I know is that this cloth is mine."

Anticipating your agreement to this Mr. J. ARNOLD proposed, and Mr. CHAU In the course of his evidence the wit. eommendation, I feel it is both advis Si Ki seconded, that Messrs. Lowe, Matthews and Mr. C. ness stated that he recognised the defen-able and necessary for me to warn you Bingham and dant as one who had visited his estab that a continuation of this policy cannot Bernard Brown be re-elected auditors at lishment on various occasions during the be looked for, and unless conditions ima remuneration of 82.000 each.

This was approved and the meeting con- past two or three months. The man had prove suficiently to allow of the 1921 asked

be shown various pieces of cloth. Working Account balance meeting in full concluded. but after asking the price had refused to the demands of a 203. Lonus dividend, e

When in

reduction in this figure is inevitable, You will not fail to notice that the

GATHERING EVIDENCE. DEFENDANT IN ONE CASE A POTENTIAL WITNESS IN

ANOTHER.

acting-P1, 10 Bage occurred between the

A passage

and Mr. F. X. D'Almada, solicitor, yester day afternoon, in the Summary Court, Madame Flint sought to recover 238 advanced to Chinese employé. Th mán admitud 'he debt and judgment waa entered actoring,

Mr. D'Alanda (for Madame FO mentioned that e defendant was alleged to have connived with another workman in doing outside work, thus depriving Madame Flint of custony

His Honour What do you want,, Mr. D'Almada?

Mr. D'Almada I want him to admit that, so that I can use his evidence after- ward

His Honours Then you had better sen hiut cutside. „

LOUD CRIES ** WITHOUT." SCENE IN THE POLICE COURT COMPOUND.

to

fall, the passed on this point by Mr.

and and that he would not like to swear that he had seen the defendant in the shop.

At this stage the case was adjourned for further, hearing to Monday next.

CONTRACT FOR THE ENGLISH

MAIL SERVICE.

Discussing the English mail service, the Bengal Chamber of Commerce in a recent abstract of their procedi ings state:

In the abstract for December last the Committee stated that a reference had been

made to the Chamber, by the Govern meat, on the subject of the English mail service. The existing contract with the P. & O. S. N. Co. for the conveyance to, and from, the United Kingdom of the India, China, and Australia mails, would terminate, the Government said, January 31st, 1024,

In a letter dated February 27th, 1922, to the Government of Bengal, the Secre It seemed as though the news of human try to the Government of India, in the interest at the Magistracy, yesterday, Public Works Department, has sinch was outside rather than inside the Court, stated that the Generni Post Office in the The machinery of law was creaking along United Kingdom has come to an under its accustomed track when suddenly, loud standing with the I. & G. 9. N. Co., that shrieks were heard.. Palice officers,

to notice to determine the existing contract whom dealing with disaster is part of the shall not be given by either party before day's routine, hastened cutside; the re- January 31st, 1023. The corlicet date on porters, all agog to tell their readers the which the contract can terminate Jatest horror, followed the With all therefore, now January 31st, 1925.

polise

the more

alacrity seeing that

the morn What the folks who rushed outside saw was a woman clinging to her husband who

ing's onses were very dull.

THE CANTON BARABBAS,

.

IN HONGKONG.

cies.

Mr.G_M_Yousu,iz seconding, said: I am sure we are all pleased to receive such Society's business: For many years past A satisfactory account of the we have greatly benefited by the exertions of the General Manager and staff in Hongkong and branches, and should the present depression be the beginning of a cycle of poor years we can remain con- fident that the wise and able methods of and. Ede and staff will secure as much of the good business going as 16 humanly possible. I have very much pleasure int seconding the adoption of the report and accounts.

dividends recommended will absorb ap.

The resolution was carried unanimous

this was carried.

Mr.

CHINA FIRE INSURANCE CO., LTD,

The surd ordinary meeting of this proximately £52,000 mere than was Company was held at the offers in Queen's earned in intereat during 1920, a feature Buildings, Hongkong, yesterday. seldom paralleled by our competitors. W. L. Pattendea (Chairman) presided, The balance of the 1921 Working Account and there were also present: the Hon. is £725,700. 138., from which it is recom-E. V. D. Parr, the Hon. A. O. Lang mended an interim dividend of 24, per and Mr." G. M. Dodwell (Directora); Mr. share, and the customary bonus of 20 C. Montague Ede (General Manager); per cent. to contributora of business, Mesars P. Lauder, H. C. Gray, A. C.

hould be paid.

may, W. R. Mansfield, P. M. Hodgson, lt has been said with truth that J: Bentley, A. H. K. Cobb, B. M. da period of prosperity for shipowners meam Cunha, V. L. dos Remedios, A. E. 5. a period of prosperity for underwriters, Alves, V. R. V. Ribeiro, M. A. R. Soura, and that the reverse is the case during|A. A Alves, and M. Gardner (share- periods of depression. Without showing holders). andue pessimism it may be stated that we are now in a cycle of years in which both shipowners and underwriters and it

The CHAIRMAN said:-Gentlemen,-The difficult to garner the profits to which they report is heen in your hands for some have become accustomed during recent time, and, subjes to your approval,

The wave of trade depression con- inues, and with it exists an unentisfactory it, as well, as the auditors' report, as will follow the usual procedure, and take

moral risk which imparts to the routine read. The accounts for 1920 show a of insurance business a hazard, difficult balance of $617,272.06 to be dealt with. to estimate and overcome. It is a relief Your Directors recommend that thie to note that the theft and pilferage balansa be appropriated as follows: problem has materially improved during the past year, "but is still by no meani satisfactory.

Thy GENERAL MANAGER read the notion convening the meeting..

Dividend of $7 and bonus of $3 per share on 20,000 shares. To transfer to building, re-

Berve fund

$200,000.00

100,000.00

To carry forward to under-

writing suspense nccount.. 317,272.06| I now move that the Directors' report and statement of accounts be adopted.

Mr. J. W. Alananten seconded, and thej motion was carried.

An outstanding feature of post-war years in the extraordinarily severe com- petition experienced in all of the various forma of joaurance now conducted by the Society. Reports, not isolated ones, but similar in trend of thought and expres sion, continue to reach, Headquarters from units of your organisation, explain ing why premium incomes and loss ratios do not show up so favourably as hitherto

are wanting that pertain ing to the conduct of the business in which wo are engaged are inclined to show for taking proceedings for The Hongkong Police have detained

Chan Ping-sang, the former President of improvement. The inevitable result is

On the proposition of Mr. AE B woman's cries were so persistent the Chinese Seamen's Union, who came being felt in a large number competing for that the Court could hardly, proccod; to Hongkong a few days ago, after his restricted volume of business, and the ALVES, seconded by Mr. V. B. V. Rinzrno, gradea) withdrawal of a number of com Messrs Lowe, Bingham_and_Matthews coaxing was no use and she had to be pardon on conviction for murder.

The arrest was made at the office of the petitar unable or unwilling to maintain and Mr. O. Bernard Brown were re. hustled out of the compound. The usual

remuneration Chan was the pace, appears to be giving the auralected auditors at a collection of Chinese Josfera that haunta Chinese Seamen's Union, the vicinity, seemed to trent the incident arrested on a détemion warrant with avivors the opportunity of setting the $750 each.

view to banishment.

"world's "insiraneo markets in order. s the greatest joke of the day.

This concluded the basincesa.

hun) und bees charged before Mr ET PARDONED MURDERER ARRESTED Your Drentse edition verta "man had

with pocket-p Zack of authcient cridence.

and, discharged

Thero, were

Sent so the man was re-arrested,

Mr. J. BENTLEY, proposed the reelectión: of the Hon. Mr. A. O. Long and the Hạn M. PA Holyoak as Directorie

Mr. B. M. C. DA CUNHA seconded, and this was agreed to.

The Hon. Mr. E. V. D' Parr was re elected a Director.

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