1923-06-25 — Page 4

THE HONGKONG® DALLY PRESS,

THORNYCROFT

AND CO., LTD.

SHIPBUILDERS

AND FNGINEERS

London, Southampton and„Basingstoke}

PASSENOFR AND CARGO VESFELS OF ALL TYPES UP TO 6,000 TONS OCEAN-GOING TUGS, MOTOR BOATS (8EA OR RIVEE) ·

UP TO 10 KNOTS.

TURBINES AND RECIPROCATING MACHINERY AND PROPELLERS.

MARINE AND STATIONARY OIL ENGINES 8 TO 20 BHP.

MOTOR VEHICLES 2 TO 6 TONA."

WATER-TUBE BOILERS.

FOS QUOTATION," APPLY---

ROBERT DOLLAR BUILDING, SHANGHAI.

English Printed Twill Silk Neckwear

The material is woven in England and is printed entirely by hand.

We have a large range of most beautiful colourings and can confidently recom- mend these Ties for all seasons wear.

SILK DRESSING GOWNS and KOMOROS

MACKINTOSH

& CO. LTD.

Men's Wear Specialists, - Alexandra Building, Des Voeux Road.

SPECIAL

SALE

AT

SINCERE'S.

NEW MILLINERY

AT

WHITEAWAY'S

EXCLUSIVE MODELS in SMART READY-TO-WEAR HATS

and SHAPES

ELEGANT BUT INEXPENSIVE

NEW READY-TO-WEAR DRESSES

NEW RIBBONS

NEW SUNSHADES

NEW SPONGE CLOTH AND RATINGS

REISS BROTHERS AFFAIRS.

MEETING OF CREDITORS.

BUSINESS TO BE CENTINUED

MONDAY, JUNE `ASTE, . 1993

CORRESPONDENCE,

ALLEGED GAMING IN

KOWLOON...

1t

TO THE EDITOR OF THE HONGKONG

DAILY PERS."...

2

A large attended meeting of creditors [of Reise Brothers, Ltd., shippers and mer-

chants, of Manchester. Hongkong and STR.-- conunon with a lot of other

THE DERBY SWEEP TICKET A CHAPTER OF ACCIDENTS. EXCITING INCIDENT IN PEDDER

DISPUTE.

MR. ALABASTER AND THE 2

MISFORTUNES.

Owing to the lateness of the hour at which "The proeedings in this arbitration

STREET,

China, was held at Manchester on May ¡ prople, I should be glad of answers to conclulled on Friday night or rathni värred on the corner "of Fedder Street

16th. The Offeial Receiver (Mẹ. J. Grant) the following, queries;

Saturday morning-our repart of the last Gibson) presided. A statement was handle is a fact that public gaming his part of Mr. Alabaster's address on behalf rd as the representatives of the Press been going on in Kowloon for the past of Mr. Chik, the Shanghai claimant, by Mr. Murgatroyal. Assistant Oficial fortnigh: and is intended to continue for suffered rather much, we fear by conden

another month! Receiver, in which it is stated : -

sation. We therefore, give more fully Mr. 2-Is it a fact that this gaming is Alabaster's recital of what he called the We are glad to infaizned that friends against the law? of the Reiss family are already actively engaged upon a scheme for curing theis it a fnet that the banda of the Police are still in the matter and, it so, continuance of this odd-established family how and why!

business.

be

come

Portugue

A Chinesa house boy employed at No. 3, Cox's Path, Kowloon was knocked down

motor bus No. 614. The Lygist ostapod the corner of Haiphong Road and Nathan Rond yesterday afternoon by injury but, his eyes was badly damaged. It appears that the rye ist did not see the estable's signal to stop and ht ran on

and collided with the bus.

17

BOY KNOCKED DOWN IN LON.

NAUGHT ROAD WEST. –

About "four pan, yesterday, jag before the E.A.S.M.A. faunch left Blake Pior for Stonecutters, motor car accident-

mal-Gunaught Road Central, La sppeurs That the car was turning into Conmight Road From Peder Street when it coll de with a chair containing a lay named Mrs. B. Aion, of No. 14 Thu 32 Street and hop tle child. chair bearers were thrown on to chair and its coeupuits and the two

the. “21 misfortunes" of the Quinn family; ground. Fortunately body was serious Mr. Alabaster said: The Quinns have injured. The two cones suffered from sight abrosiaus on their hands and faces to you, with an elaborate story and Mrs. Antonio suffered from shook. The Official Receiver. (Mr. J. Geant4-Have the Hongkeng Authorities, supported by a large, fumber of witnesses The car was driven by Miss Gladya Gibson) stated in his observations that consulted those of Bangon, as to what but it is a tale of misfortune from beKong of No. 1 Yun Wah Street.

similar assured, and he thought the procedure they adopted in a was

ginning to end. The number of misfortunes MOTOR BUS AND CYCLIST enditors and contributors and the other case persons and Army interested in the liqui. 5.--Is it a fact that the gaming business, they have suffered is truly appalling.. I

COLLIDE, dation would agree with him, that the is so enormously successful as to show will just recount you stane of them. IF most urgent necessity at the moment was in gross, daily profit of nearly M41,000 1, to obtain the appointment of a definite! Is it a fact that, although Hong

their story is true, and they would have liquidator of the company, end in view he had called the meetings so much commission to strangers in order that they should have lost the counterfoils With that kong people appear to like paying out you believe it is true, it is unfortunate of crediters and contributori at the? hase their little latter in this way, of the only two relevant books.. It would earliest possible moment, without waiting local concerns are but allowed by the for the filing of the statepient of affairs, Authorities to meet their requirements not have been enough to lose the counter: which in ease of such complexity and And why not!

| fails of the book which contained No. 2, importanes must treessarily „take some

- it a fact that if Mr. X.YZ. of if their story is falsi-it would also he' time. For the same prison be dispensed

n públic roulette" with the usual history of the company's Hongkong sets u trading and eirenmstances bading up to

wheel, he will be stoped and fined before cry to lose the counterfoils of the book which contained 3076; because the the failure. Nevertheless, he felt that he can turn the whed half a dozen times i

The fine is a thousand dollars, is it not? (coliaterfoil of 3033 would prive who pur- cout ‚ ̈äppend, some ·hrief observations

word why this discrimination chaand gox-and-the-counterfoil-of-W78 giving particulars of certain happenings

would prote what parthased that ticket, at and abent the date of the commence in favour of strangers? ment of the liquidation, and the steps. 9.--If the "submarine," "geld, silver A second misfortune is that they are that had be taken to preserve the con- and copper, **choquei-baan 'chuck-hn' tinuity of the business and achieve the penny golfball bagatell","t alia, at unable to produër a letter which they preservation of the assets in England and nearly 17 per cent. coming on, why not state they, write to Mr. Mok on Febrgary fantan at a paltry 10 por cons,, ør, still? more, roulette at less than 3 per cent. 17th recording the loss of the counters) fin both of which cases, further, the waiter foils, The petition to wind up the coin- can back his own choice!

Mr. Zeitlyn interiecteal that it is not pany. which he understood was really 10-Is it a fact that a soldier has been JL jaint petition of thu petition sen to low uch as $ICG in one for him to produce it. creditors and the company was prebt at gold, silver, and copper "1. If Mr. Alabaster: It is unfortunate for sented on April 24th, but for certain so, does our soldiers pat allow of such then that Mr. Sidney Quinn should have purposes he considered that April 20th losses! 4

gone to Shanghai at all, for otherwise night be deemed the commencement of 11-Is it a fact that a dart-thrower. this wonderful conspirlity with which the the liquidation. On that date the cons who e marksman, is not allowed to con: Chiks are charged could never have!

LIFT ACCIDENT. pany was informed by its bankers that it tinge throwing at "gold, silver, and would be impossible any longer to finance

copper "

Yesterday afternoon, & young coolie the company's business, that the account 12-Finally, what was the meaning of

It is unfortunate for Mr. Quinn that, woman narrowly wiped death. She was must be regarded as closed, and that the

working on the second floor of the new; presentation of the petition would published statement that the Government being in Shanghai, he should not have disbuilding on the Old Post Offices site. She delayed only so long as the necessary his under consideration." steps to supcussed and got over his important bank signalled to the workmen's lift to stop at preliminary proceedings permitted. The press any public gaming that might occur

Just as she had... directors of the company assured him that at Kowloon, and how does it square with business between February 23rd and the the floor, which it did.

end of the month, for then, again, there placed her two baskets of earth in the lift after that intimation they felt that they the facts ?--I am, etc.,.

the iron bar supporting the lift snappat QUERIST could not in honesty either pay neeonuts.

would not have been any opportunity, for and the lift slid with a crash to the dr. receive further goods, with a certain

this event to have happened,

ground for. The young woman over. exception. Some goods were, in fact, r

balanced and fell after it alighting on It is unfortunate for them that Mr. top of the lift. Fortunately no bones ceive inadvertently after April 20th, and the Offcial Receiver had in certain ensomewhat since the date given, but-to Sidney Quinis when be left for Shanghai were broken and when she was removed authorised the return of such goods or their retention ns part of his own trading what extent he could not any in the absence and knew that he had not the counterffaring, from numerous bruises. through the agency of the speeinl man that ther liabilities and assets were gross. foils of two books should not have made,¦ ager. The exception referred to was con- Some of the assets-a substantial proper- or tried to make, a memory reconi and cerned with special arrangement made sion, in fact--are pledged to creditors are that with his family or leave it! between the company and its bankers on

in the Far East,

DATE OF THE PETITION.

Hongkong, June 23rd, 1px.

of a prepared statement of affairs, and (2)

occurred.

A small boy was knocked down in Coal nanghe Hond West yesterday by wor ear No. 999, Owned by Mr. McKenzie of and driven by an Indian chauffeur. the Standard Oil Copipany of New York Apart from a bleedingness the boy was not injured.„

BATHING FATALITY.

Tal, of No. 183, Queen's Road Central A Chinose student, 'named Chu Fuk

was drowned yesterday whilst bathing off the Praya, hear the Harbour Office. the out's body was later recovered by

police and removed to the Public Mortuary.

to the hospital she was found to cha

COMPANY REPORT. SHANGHAI ELECTRIC

CONSTRUCTION.

April 24th, whereby the payment of and to the extent of the pledge the tain cheques was provided for by the liabilities and assets would disappear from somewhere here to show that, as far as deposit with the bank of cheques, bills and either side of the account, as the security his recollection went, he had sold such shipping documents. The cheque, in ques as direct, and the figures left would re-and such tickets to such and such per

The Report for 1992 shows operating present the liabilities ranking for dividend

Because, had he left with his profit E06.008. total proßt being £113,00 tion had been drawn by the company, and and assets available for the same nod the 8015. were due for payment on the company costs of winding-up. In addition to the family such a record, seven if made from (und £6.261 forward, making £119,581; ordinary pay-day, and the directors were direct securities, he understood that the memory, it would have cumbled an answer appropriations, Corporation, preft tax. expressly anxious that the should be

| £6,000; riterve:for rygnowals, £15,000; staff“. directors of the company had pledged paid. This the bank agreed to de receipt of the securities mentioned, some practically the whole of their private have been given to the telephonic provident fund: £51, 00; stat to which 8 p.c. (making 20 p.c, for year); forward, of which had been converted into cash and uses with the company's bankers further enquiries from the Club as

£17,020. Loss by deprecation of sub

Lothers were in course of collection and to secure their account. This webrity person was believed to have been the par-sidiary, coinnge was: £139,757, equal to realisation. The bulk of the cheques had was collated, and, while helping to dischaser of the tickets sold through the nearly 35 p.c. on share capital, and

charge the bank's claim, would not require

of any formal proof.

"EVIDENCE OF GOOD FAITH."

been paid on presentation, but six, having assessment or deduction from the amount hands of Ng." been somewha-delayed in presentation, ween not paid, Representations has been made to the hack in respect of them, and the question of their payment was under consideration. The matter would no doubt be satisfactorily arranged in the liquidation.

THE EASTERN ÚCHINESS.

It

£10,026 more than the preceding year, It is wifortunath For them, if their The volume of traffic has increased, and it is hoped that means of counteracting story is true, that Mr. Sidney Quinn did currency depreciation will be found. A In conclusion the cbservations stated: not got the telegram (Exhibit (23) on goneession from the Municipal Council for The Official Receiver thinks it worthy of note that there are no debentures what- March 1st, or on March 2nd, before he the extension of the company's syste

are only went to se Mr. Chik, because then, and it is anticipated argotiations will h Lander railless traction has been drafted, to realise that the directors might have rate, he would have been able to tell Mr. had issued to themselves debentures tr Chik he knew the number of the first cover their heavy commitments on the

ever issued by the company.

vised.

Mr. Chik.

completed at an early date. Arrangements for the reorganisation of the undertaking. The preservation of the continuity of the company's business fell naturally

ways, Ltd, are in progress, and have nd- nder two heads, one the arranzing for company's behalf, and the fact that they prize, and whatever prize Mr Chik got; and finances of Singapore Electric Tram

have not done is engent evidener of good it would not be that one.

vanced sufficiently to permit of a new the continuous performance of contract faith. The Officia Receiver traits he may I have already commented on the fact Traction Ordinance being prepared for in England and the other the efficient he allowed to associate himself with the that they are not predneed the receipt promotion in the Legislature. It is in- supervision of the company's fairs in Fast, So far as the first was concerned, generally expressed sympathy for the mis- for that telegram, showing who signed for tended a new company, in which this com

fortune that has befallen the company and it and when. We must reckon that an-pany will have voting control, should be the Official Receiver had endeavoured to its directors, and to express a hope that other of their misfortunes.

formed, and funds provided by an issue care it by obtaining from the Court the

It is unfortunate for Mr. Quinn that of debentures guaranteed by this company, appointment of Mr. H. W. Garnett as sous form of reconstruction may be e special manager, and the business had Mr. Grant Gibson, after saying they all the should not have kept the appointment which receives half-share of profits. been carried on by that gentleman since felt that special conditions in the Far at the Union Bank on March 2nd because, Notice is given of an extraordinary meet the date of the presentation of the peti East had led to this most regrettable

bad done soon his own story-heing to consider a proposal to subdivido tion. The Official Receiver had also give failure referred to the question as to would have got that information that was the £10 shares into shares of £1. countenance to the performance 'of" eur-| Anin definite contracts, the existence of the conflict of jurisdiction between the contained in Exhibit 33 before he went to which had been brought to his notice. English Court and the Courts of Hong-It is unfortunate that he should have It is unfortunate for Mrs. Chan, now

kong or the Treaty Ports. It had been With regard to the second head. the post felt. of paramount importance, he said, gone to Mr. Chik at all on that parti (we have dealt with Mr. Sidney Quinn) tion was not as clear as it might be owing to maintain the supremacy of the British cular day, on the very day that Mr. Chik's that she cannot produce 3066, the ticket to the conflict, or possible conflict, of inws Courts in the winding-up proceedings. It nephew should have sent Mr. Chika shu said she bought: It is unfortunate for and jurisdiction na between this country would be disastrous if the appointment of telegram in the afternoon to say he had Mrs. Chau than she did not remember the and the Court at Hongkong and the

number until after she had been told by Chinese Courts. The Official Receiver liquidator in the East had the effect of won.

It is unfortunate him him-if his story her mother that she had won. This also efforts had been dirreted towards main locating payment to creditors there first, taining the unity of the liquidation and leaving only the surplus, if there was one, is truthat he should have given no applies, as I have pointed out to you, to It is unfortunate for Mrs. Chan that the supremacy of the English, Court. Whe; for the creditors in this country. In a receipt for the ticket he got, it was the other witnesses, ther he had suceded time alone could case of this sort the major portion of the potentially valuable thing and he gavo no tell: the latter might be beyond his assis must, of course be in the port of erint showing the number of the ticket. o formal claim-or no claim at all-is destination; on the other hand, the for, had he done so, the questions which I submit-was put in on her behalf until power or that of any person,

At the request of the directors of the greater portion of the liabilities were in have arisen in this case could not have the th. and that when the clerk of the

answered in company and with the sanction of the the place of export. There would conse arisep, bad Mr. Sidney Quinn's story been Club rang up 666 he should have been

lady's voice by a small.. Court he had appointed two persons 4 lisa Creditors if the assets in the East It is unfortunate for him, if he did boy.

quently be risk of great harm to the Eng- trde one.

It is very unfortunate, very unfortunate his agents in Hongkong. Cunton and & were used for the benefit of creditors in not give a receipt, that he did not ask number of Chinese treaty ports. It was possible that the Courts of the East, like the East Brat. They had been cabling Mr. Chik to pat his name on the ticket, indeed for them, that the Lizzie" alment continuously to Hongkong and or, if his story is true, that he did not should have been sent on the 4th: those of Hongkong and the Chinese treaty other Eastern towns with a view to pro-get. M. Chik to put his name in Chinese formate that Henry We should ports in which the company had rencies, testing against the appointment of any on it, or on the book, as another witness have said it was between 4 and 5 o'clock when Dr. Woo. telephoned, unfortunate might eliet to appoint a liquidator of their local liquidator, which was, threatened. If has done. own. Whether that could be effectively...

cated.

creditors pro rata”,

WHITEAWAY, LAIDLAW & CO., LTD., Phillies 3. v. 440/8. eid grows either the Hongkong and Shanghai Bank It is unfortunate that he was unable for Chai's letter advising Quirin

done the Official Receiver was unable to the law proved to be too strong, it could It is unfortunate that he did not com- that Mrs. Chan and Mr. Quinn did not say; all that could be said at the moment not he helped; they had done what they municate with Mr. Chik after he get back mention the presence of Mr. Honry Wei

could. But he thought the matter was to the Union Bank, that is to say, before at that telephone and the "Henry was that every effort had been made, through the agener of the Palatine Court now fairly hopeful in the way of securing Mr. Chik got his telegram to say that he telegram was sent at 3,25

It is unfortunate one of the minor of Laucashire in England and through the the indivisibility of the assets on a whole had won. Foreign Office, to achieve the result indi and their distribution amonget the He is unfortunate in this and we must now that it should never have regard this as one of the great miscurred to Henry Wei to enquire at the A resolution was passed asking the fortunes, though not so great as the loss Club, who had won, or about the counter This Official Receiver thought that, as the Official Receiver to apply to the Court for of the ticket and the counterfoils that hele unfortunate for them that Dr.

report although he. company's statement of affairs as at the the appointment of Mr. B. W. Garnett, did not realise at all, while in Shanghai, Weo never made fime of the winding up had not been-com-/ pleted, a summary of its last balance or the confirmation of his appointment, who had bought 3008; unfortunate that attended nearly all the committee meet- It is unfortunate, for them. that their sheet-that of June 30th, 1922--might be a liquidator, and a committee of inspre he did not send any congratulations in ings.

tion, was elected, consisting of representa answer to his telegram," We have wover took shape until after they hud of interest to creditors. On that date the tives of the Manchester and County Bank, I have pointed that out before mesets £1,958,813, with net' deficiency of £487.177, and remarked (1) that he under or the Chartered Bank of India, the to tell Dr. Kwan definitely that Violet hau jie but stood the total drüciency, had increased batories, and the directors of the com- that she had.

Calico Printers Association, the contrinsven after Mrs. Lai--had told him (Continued at foot of next column.)

(Continued of foot of next column;

HONGKONG:

pany.

I have given you a list of 21 mi ffortunes and I say that the 21 mis- fortunes make .21 demands on your jaredulity, and you should reject them.

IRFA