1923-03-27 — Page 5

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COMPANY MEETING.

- HONGKONG AND WHOMPOA DOCK

COMPANY, LTD.

The annual meeting of the Hongkong And Whampoa Dock Company, Limited, ・was held at 2, Queen's Building, yester

day morning.

The chair was taken by Mr. D. G. M. Bernard. Those present were: The Hon. Sir Paul Chater, C.M.G., Sir Robert Ho Tung, Messrs. H. P. White, Cameron, T. Q. Weall (directors), R. M.

Allan

plant and buildings, and also that your tranuctions in exchan turned out o satisfactorily. am sure the sharehold

HONOKONG DAILY PRESS, TUESDAY, MARCH

A 815 CLAIM. MOTOR CAR HIRE.

OBITUARY

CAPTAIN VAN RONKEL. Captain Samuel Van Ronkel, master of the Rotterdamsche-lord Arakang died in the French Hospital or Sundas following a stroke of apoplexy. The doccased. was on board; this vessel in

ers will agree to the provision of a bonus The United Motor Car Company und for the stad; it is prell-known that the to the Summary Court yesterday Mr. W Dock Company's work is second to none. Hollande, land bailiff, of the District With these remarks I have much pleasure Land Office, for the sum of $16, 80, in seconding the adoption of the report balance of the price for hipo of magios Talkoo Dock on Friday night. On Satur

and accounts.

care between January and May of 1999, Mr. KELLY BAYCH: 1 would like to ask and for the sum of $15 agreed costs to few questions if you will allow me.be paid by defendant in omnection with

I think you made reference to the ques- An arrangement to enable him to pay the tion of proft on exchange. Can you claim by instalments, a part of which

day morning his cabin boy on sping t

on the floor unconscious. He was taken his cabin to call him, found him lying

to the Hospital immediately and passed away Sunday afternoon. Captain,

Dyer (chief manager), H, W Bird, T. plain why, the nett profit for last year arrangement the doferdant was alleged to Van Ronkel, who, was only 484-305ra (ak ||

was only $194,000, against $1,170,000, for Pearce, Ges. P. Lammert, JF Gross, the previous year. To what do you, at A. H. M. da Silva, E. Abraham, M. A. Razack, P. Tester, Dr. Donela, Ng Siuribute the falling of Is it in the ship Sau, Ng lu Sai Chan Wan, Cha Mun Ping or in the labour 1 Hung, Chan Sui Ki Y. Tsukumi, and Kelly Bayer (shareholders).

The CHAIRMAN: "The falling off is in decreased work.

have failed to have performed,

Mr. W. H.; Bennett represented the 0. Lyson the plaintiff, and Mr.

defendant.

the he owed

money.

age, had been master of the Arakan for about ten years. His yas the first, yosgel to open the Java-Pacife Lines Prior to his command of the Arakam Capéšini Vàn Ronkel had charge of ships trading bet tween Java andHolland; his native country, Lir length of service he was one of the senior captains to the deploy greater part of his life has been spent on of the Rotterdamsche Lloyd Line, and the ships running between Europe, America, and the East He leaves a widow, and a The funeral took place yesterday after grows up daughter-in San-Franciso, noo

MOITUDA

STRIKE AT TAIKOO.

SUGAR REFINERY FITTERS DOWN

TOOLS...

Mr. Bennett said the claim of $16.00 we had already been paid by the defondant, Mr. Saxe: How does this $44,000 The amount remaining in, dispute was The CasiaMAN said:-Gentlemen,-The make prot? Is it including preût in -directors' report any statement of ue exchange in sil or part of it, and how the $15 costs defendant had agreed to pay. The plaintiffs bad greed not to equnts having been in your possession for much did you gain on exchange? the past ten days I will with your per

The CHAIRMANY 1- think, Sir, in my imus a writ if he would pay the instal- mission take them as read. I trust you will.consider the results for the year 1829 speech I mid that the balance of work meats. On June 15th the plaintiffs' satisfactory, particularly, if you bear ining account included a large sum being solicitors sent Mr. Hollands the usual mind the abnormal state, of depression gained in exchange.

demand note for the sum of £53.40, the Mr. SAYCE How much did you gain alance outstanding against his account. which prevailed in shipbuilding and re- pairing the world over during that period. ion exchange1 Similar Companies, in other countries

The CHAIRMAN: We gained in exchange Defendant replied that he would pay if have been fortunate in being able to get 8705,000, Ther balance of $508,000 was the defendants could produce chite some reduction in labour pries to enable dockyard work.

that bowing them to compete with present conditiona

Mr. Sarch I see that you have made

About 100 mechanics, principally In Hongkong "we have had so far to faen increased labour and establishment additions to the plant buildings, etc. to Plantiolicitors replied that they

Taikon Sugar Refinery in order to enforce charges and at the same tima reduce our the extent of 14 lakhs for 1993, and in would hand over the chits or payment of fitters, downed tools on Saturday at the charges to suit the requirements of our she previous year $78 lakhs, a total of the amount owing. The apparently a demand for an increase of pay and, up clients, a combination of circumstances over $4,145,000 for the two years. I hope which makes things at times rather that there is no prospecs, of such.enor. Mr. Hollands approached Mr. Curreem, to last evening, they had not resumed difficult. However, for the period under mous expenditure continuing. Will you an assistant in the cice of Messrs, work

The men, we learn, about three weeks Deacon, Harston, and Shenton, Mr. ago put in a demand for an annual review our shipbuilding yards were fairly give me some assurance on this point!

The CHAIRMAN: The policy of the well employed, and repairs kept busy. Improvements for the year include new Dock is to make its position sound and Curreem went to the plaintiffs' solicitors increase of 81 for each year of sertion! general offices, time office and gatehouse to be in a position to cater for all work and asked how much was owing, and up to 10 years, that is to say if their demand was granted they would "at" the at Cosmopolitan Dock, and the installa that it is liable to get and to do the whether they would consent to the sad of 10 years be in receipt of $10 more tion of electrically, driven docks pumps at workc mechanically, quickly and to the

All the account being paid by instalments than at present. They also asked for a that establishment When this is com- satisfaction of its customers. pleted the Cosmopolitan Dock will be directors, I can easure you, will do all Plaintiffs agreed to accept $10 per month, bonus of two weeks pap each year.

Four Instalments"! The Management consider the men are tboroughly up to date, self contained, they can to put the Dock into such a and solicitors' costs. dockyard, and will prove a most valuable position. This work has been undertaken were paid, but after October 1st all already well paid, especially in view of the fact that the cost of living his net Payments ceased, and economically run addition to our with that object in view.

At niain retablishment at Kowloon.

For the defence, Mr. Lyson alleged that increased since 1920 when, as the remit Kowloon Dockyard the new offices and drawing offices are nearly complete and ascoltat atand; hase you got a credit or his client had never agreed to pay the of a strike, the men were granted large not appears from statement by some of will be ready for occupation in a month debit balance at the Bank? There is 15 costs. He submitted that they all-round increases of pay. However it

nothing in the balance sheet to show this, repartyparty? costs, bad r two These are handsome steel-framed and I think that in faturg it should be dicitor and client costs Mr. Curreem the men that the management, after buildings and wil make a mitable head plainly shown I am rather sangriend had taken the action alleged entirely on taking some time to consider, the demands office for this Company. The levelling that the auditora hare passed the his own shoulders, for the defendant had made an offer which was even better than of the bill at the book has proceeded counts as they stand in this respect ever naked anyone to do any such thing what, the men demanded. This offer was that the fitters should relve an increase to about contract time and should be

The CHAIRMAN: It all comes under for him. completed in about two years. We have

Defendant woht into the box and of 10 cents per diem, the increase "being" just recently acquired, additional land the heading of sundry creditors. We had

qualified men. This, of course, méant an in the village at Hunghen, which will give at that time a large sterling account in

Qurrom-sometimes in the

| sunnal. increase of at least $30 which is the necessary space for our proposed Loudon and a debit balance here, and the alleged that he had paid the instalment applicable to apprentices, as well ng fully

sometimas in the King new iron and steel foundry and also room sum total-the difference between debtors to Mr. for the erection of a suitable gatehouse, and creditors amounted to $2,000,000 street, und time office, and watchmen's quarters. The debit balance in the Bank here at the Edward Hotel. Mr. Curreem had never even after taking into consideration the to more than $15 to $20 each year) would The area of our main property at Kow end of the year was $18,000 and against acted for him as an agent, but rather as asked for (which would not amount apper to fully meet the men's demand. that is to be offset the money in London, a friend. loon than will be about seventy acres.

From accounts the men were ab} Turning to the accounts you will note Mr. BATCH: I so you have $4,000,000, The Prisão Judge, stated that she could we have again allowed very 'berally for at credit, of reserve fund, but evidently not help thinking if a man had a debt first-tified with the offer but on depreciation. This represents twenty per this. money, does not exist and has appar-and showed the letter to friend who Baturday it was announced!! that the crat off floating piant, and ten per cent ently been expended in new plant, etc. was a solicitors clerk, and that clerk increase would only apply to men who off the book value.of the remainder of Don't you think it will be better to said he would x things up, then that were considered efficient and industrious, an agent. He The men on learning this at once our plant and buildings. The cost of the capitalise that reserve fund, seeing that friend was acting os installation of all new plant has been all this money has been spent and it is thought that a man..would, therefore, be decided to garon strike, pending the bound by what the friend did in that granting of what they consider to be a -entirely written off. Included in the not really a reserve?

balance of working account is a lorgó The CHAIRMAN: I do not agree with case. However, His, Honour said he more satisfactory concession. sum representing valu in exchange, on you at all. Money has been spent in would further consider the point, and sterling funds in London. In order to developing the Company and it is invest give his judgment this morning. establish this gun and to prevent any lossed in the Company. There is no object

Mr. SAYCE: How does your cash

if exchange were to rise, these funds have whatever in capitalising.

now been transferred into local currency.

Mr. BAYCH: But we have not got the The proposed bonus to the staff repre Beats ten per cent. of their annual money really, Why don't you call it a salaries, which I trust you will consider Capital Account instead of calling it o the results of the year's working justifies Roerve Fund? You have not got the With regard to the future, our yards reserve really. You have not got the cash are at present, fairly well employed both to fall back on.

....

درباره

Negotiations were being carried out yesterday and it was hoped that: izst sight entisfactory arrangement would be arrived at. In the meantime work as the refinery is going on without these men

informed, are The police, we are Tho-robber arrested by the police in robbery of an American Chinese at the connection with the attempted armed keeping a sharp lookout for intimidators. Kung Woo boarding house has died in!

ROBBER DIES IN HOSPITAL.

"

The CHAIRMAN It is the invariable the Government Civil Hospital as the THIEVING AT HAPPY VALLEY in shipbuilding and repairs. I can be, sure you that we are sparing no efforts practice of limited companies to build up result of bullet wounds received iduting to arrive at the most economical pro-reserves, and that is what this Company his fight: Be was wounded on no swar -duction possible, a state of affairs which has dong I do not think there is any than ex places and his thigh was broken, at the present is highly desirable precedent for keeping the reserves it is believed by the severe handlings that consistent with the quality of workman-tirely in cash. If there is, will you let he received from the crowd that collected me know what authority there is for around him after he had been wounded ahip which we have always maintained.

Another man concerned in the affair was With these few remarks, 1 beg to pro suggesting it↑ poso the adoption of the report and a "Mr. "BAYCE: I am not suggesting it; arrested in the boarding house and he has saying this is not really a-reserve at already been brought before the Magis counts and alter, they have been seconded,

|trates- shall be glad to answer to the best of my all. The money has really been spent ability any question that shareholders The CHAIRMAN: It is spent and in-

may desire to ask.

rested in the development of the Com Mr. H. W. Bind, seconding the adoppany. I do not follow why it should be tion of the report and accounts, said capitalised. It would not do anybody In view of the world-wide depression in any good. There is no object in capitalis the shipbuilding and repairing industi ing it, and it is much better to keep it Account shown separately from plant and the theft to No. 9 Police Station and during the past year, I consider that the as a reserve, directors and the staff of the Company

Mr. SUCE But suppose in a year or -are to be congratulated on the report two, the Company does not make any which is presented to us to-day money and you cannot assure us divid (Applause) As the demand for sosegoing "shing stems to be at such a low ebb and end we cannot fall back on this reserve wo read in the Home, papers that The CHAIRMAN No unless it is so countrics are turning their attention governed by the Articles.

".

1925.

JAG«QUET 40 MAS DE

Al art

FOR THE HOLIDAYS

SPORTSWEAR FOR THE

JAECER COAT

--11:19

FINE QUALITY WHITE FLANNEL

TROUSERS.

LONDON GUT AND TAILORED

SWEATERS

IN FLAIN WHITE OR WITH COLOURED" BORDER.

$20.00 AND $23.50.

$16.50 PAIR.

RIZOM

GOLF HOSE AND KHAKI SHORTS.

LANE, CRAWFORD, LTD.

thlonyta hori

LANE.

CRAWFORD, LIMITED:

Can

EST. 1850.

ENG SHIPCHANDLERY DEFT. COMPLETE SHIPS” OUTFI

vene sredi adi lGUỐN

COMMA DIT

DECE AND ENGINE ROOM STORES.

OILS. PAINTS AND VARNISH IMPORTERS.

„C. ENGINEERS, TOOLS, INDICATORS, COUNTERS. Ezo.

PACKING AND ASBESTOS GOODS. AGRIS FOR DOBBIE, MOINNES NAUTICAL SPECIALTIES

NEW PROCESS

ACCORD

AN IMPUDENT CASE: SMART ARREST BY THE POLICE Whilst engaged in t game of tennis at Happy Valley on Saturday afternoon, Chief Engineer Artificer Henry Small wood, of the H.Mitania, laid bis coas down close to toe tennis net! At the conclusion of the game he donach bis confi with the intention of going for around of golf when he discovered that his diver Waltham watch and his eye glassics obn Mr SAYCE: Can you arrange-intained in a case hall been stolen from his future to have. the Land and Building cost pockets. He immbdistely reported machinery, as at present we dont's know detectives were sent round the pawn shop what is the value of the land and build in search of the missing property. The ing, and the value of machinery and watch was recovered from a pawn shop, plant!

but no trace of the glasses could be found The CHAIRMANI do not think any Acting on information gathered the police any assistance to shareholders. I do not the same night they arrested a youth out- division such as you suggest would be of continged their investigations and, inte ses hay reason why we should show the side a brothel in Ship Street. The youth, ekywards, if our clients will not, build Mr. Savcz: Will the directors arrange amouate differently. The practice has the who gave his name as U Cheang Kaa aged 17 years, was immediately identified on the sea we in future when declaring an interim ships, to trave

Mr. SAYCE: Don't you think it is by the pawn broker as the ons who had should try and cutice them to build dividend to let the shareholders know approval of the auditors,

When charged at the Station he pro ships to travel in the air I think we what the estimated profits are for the half should be right to meet the demand when your, or better still, let us know the absurd to write off every year 10 per pawned the watch me pje

in Yaumati where two other boys alleged it comes along for it may not be far estimated profits: from month to month 1 cent of land when the land and build

to have taken part in the theft are said distant when hill step on board It is well-known, that this information ingle appreciating considerably in value mised to take the police to a certain place

phip in Shaun Valley and the son kaks out and is used by certain parties all the time,

CHAIRMAN: I should, if it were to live The ductor will slám

am the door and shouts and their friends for their own benent, "Next stop Baghdad Our Chairmen wild the bulk of the shareholders; are done, but we write nothing off land at had mentioned Increased labour charges kept in the dark and aufter consequently all

Mr, SAYCE:We write off plant. The CHAIRMAN: Lean' see no object during the pur, Laze sure that th

The CHALEMAS-Flant and buildings same trouble has obtained with all other in doing it. It is not in accordance with trades in the Colony during the last year precedentedera para Baca: Thank you, I am much or to, and I would issue a word of ward

MY SATCH, Can you give me spy chliged Ting to the Chinese-labourer, that the formation as regards the prospects of the continual demand for increased wagon je Company for the present year. It is extremely dangerous. Continued ca rumoured that January was a record binations ofesorkmar are ent to have a Boomerang flock. There is a lirait to the math and February aleo was very ELION OF DIENORA

BOO

The CHAIRMAN: Up to date we have over look

process done about three months of the full year,

18 and it is absolutely impossible to give you ME MA RAZACK scconded, and the

the any idea of what the result of the year motion was carried unanimously.

A fatal accident occurredbothe him will mork out

The confirmation of Mr. T GWeall, Mongkol Reclamation Works on Sunday, wagen Mr. Bayés Is there any; intention of and druAllan Cadieron a directors was involving the death of thao cartir codlies. päräd disposing of the Aberdeen property, proposed by Mr. E. ABRAHAM, and car They were employed-out the excavation other industries the Dock there, does not seem to be minta ried, beenus the under similar management produces used, and must have appreciated very little that the price of commoditize rista,onsiderably in valust

k and therefore the purchines of thou comThe CHAIRMAN: There is no intention modities exhausts: they incretised megye It is satisfactory to know that you hare of disposing of the Aberdeen Dock.

(Continued at foot of neat solum.) made ample provision for depreciation in

wagg whichgan, bg paid, and Bimit has been reached, the.mp around to find, some mech

more bo you

The report and account were unani. mously approved metro, el cá

MT. E FEARCH proposed; there election of Sir Robert Ho Tang and Mr. directors... D. G. H. Bernard

The case was mentioned at the Magie tracy yesterday morning, and, on the application of: Sub Inspector Cockle, Mr. Wood pay the camp back until to-morrow

the police morning pouting further investigations

no

FATAL ACCIDENT AT MONGKOK.: THREE MEN CRUSHED TO. DEATH BY BOULDER MUZIMA 2017 Than 19 is fpol

work on the hillside close to the Hongkonk On the proposition of Mr. A. H. M. DA new polios station, when a large-boulder, BILVA,, seconded by Mr. PEROY TESTER, which had Apparently beat undermined, Mr. Percy Buil and Mr. A. R. Lags broke loose and rached down the hill were appointed anditors for the coming crustning the three unfortunate mem to year at 2. remaneration of #500 each.

COLUMBIA

UITS MEN MA

RECORDS

JUST RECEIVED FROM

LONDON AND NEW YORK.

Ü, A PEDISKU

ANDERSON'S

WISEMAN'S

Powell

TELEPHONE 0.848,

JUST RECEIVED.

LADIES'

STRIPED SILK DRESSES

IN THE WELL KNOWN AMOA KAMILL

AND

JAPSHAN

ERIC LERKIK

FABRICS

CELES

TANG PRADO

AN IDEAL WASHING MATERIAL.

is

CHILDREN'S PRETTY HATS TRIMMED

LALPZ

AND TEOTE

SEMETRIMMED: