1923-10-16 — Page 4

JOHN I.

THORNYCROFT

AND CO. LTD.

SHIPBUILDERS

AND

ENGINEERS

London, Southampton sas-Basingstoke

THE HONGKONG DAILY PRESS, TUESDAY, OCTOBER 16TH,

PASSENGER AND CARGO VESSELS OF ALL TYPES UP TO 6,000 TONS OCEAN-GOING TUGS, MOTOR BOATS (SEA OR RIVER} UP TO 30 KNOTS.

TURBINES AND RECIPROCATING MACHINERY AND PROPELLERS. MARINE AND STATIONARY OIL ENGINES 8 TO 90 B.H.P.

MOTOR VEHICLES 2 TO & TONE

WATER-TUBE BOILERS

FOR QUOTATION, AFFLI~-

ROBERT DOLLAH BUILDING,

SHANGHAL,

The Choice

of your Underwear and Pyjamas should tr made with care and consideration.

We understand such tastters and always study the individual need of our customers.

Therefore we es assist you to the right choice.

SPECIAL SHOW OF CADERWEAR AND PYJAMAS

Mackintosh & Co., Ltd.,

Men's Wear Specialists.

Alexandre Building.

WHITE PINE

Des Your Road..

COUGH SYRUP

WILL

STOP YOUR COUGH

It contains Soothing Balms and Astringent Principles

li

GOOD FOR YOUNG AND OLD.

THE CHINA DISPENSARY

$2, QUEEN'S ROAD CENTRAL.

YEE SANG. FAT

JUST RECEIVED

A Large Assortment of

WARDROBE and CABIN TRUNKS

CO.

SUIT CASES and TRAVELLING RUGS

All at Reasonable Prices.

Latest Styles

WATER PROOF

"RAINCOATS

FUR

Gents Ladies and Children.]

YEE SANG FAT CO.

There'

no

buto

IF

Conklin's

It's a Pen that

Self-Filling Fountain Pen

Writes Right.

THE WING ON CO., LTD.

The Home of Value,

· GET

TO HELP CHINA.

BEHIND

EDUCATION."

COMPANY MEETINGS.

"

14

MISSIONARY

THE HONGKONG HOTEL CO

LIMITED.

ASHANGHAI HOTELS)

1923.

THE PRESIDENTIAL THE SHANGHAI HOTELS. LTD. | UOW

ELECTION WAS WORKED. A meeting of the shareholders at the

ONLY MEMBERS PRESENT Shanghai Hotels Limited followed. The

WHO REFUSED BRIBES chair was taken by Mr. J. SeattHurston, The following is the concluding portion-PROPOSED-AMALGAMATION_WITH_

"thusa "present-being-the-Hen-Mr_A__R_

-Me-Roinny-Gilbert,--writing to the of an importaat speech given, by Mr.

Lowe, the Hon. Mr. P. H. Holyoak, Mr.

Presidential election says: Frederick W. Stevens, representative in

In ceanretion with the proposed amal | E. Raymond, and Mr. Jagar Dinesh Daily Veys from Peking on the Peking of the American Group of the

-Certainly every precaution was taken to China Consortium from 1990 to 1923, at gumation of the Hongkong Hotel Comters) Mr. W. Ja Hawker (secretary), and

make the event a success. No Member of a recent dinner in New York to Mr. Cay. Limited, with the Shanghai Hotels, Messes; A. W. Smith, T. A. Barry, F. C.

Limited, an extraordinary general meet Barry. T. R. Parsons, Fang Tai Chang. Parliament was trusted with real money R-Crance formerly American Minister in

ing of these two companies was held in JP-Bourne, H.-J.B_Norton, WV Dalit with his tale had been cast and China :-"

the Hongkong Hotel yesterday morning. Goodfellow, S. C. Cook, and H. Gitting recortiel. He was given a cheque to cover when varians extraordinary resolutions The total number of hures represented whatever his price might be—the average. were passed approving the amalgama was 5,149, The Secretary having read the being about 83,500 each-with the under- tion, and providing for the legal arrange munis consequent such amalgamation. THE HONGKONG HOTEL CO., LTD

The "Hongkong Hotel Co. Ltd., met at,

M

I know of no better way for individuals to help China than by helping to increas the opportunities of the arising gera tion of Chinese to "obtain education of the right kind the kind that takes into account the moral side of life-the kind

eleven o'clock.

netice convening the meeting.

standing he would get a chop on it that The CHAIRMAN said: ---Gentlemen,-A would make it negotiable when he had the notice which the Company's Secretary vuted. The total expenditure, according has just read inficates, this messing has to the nest reliable reports, was $2,400,000.

made through the that bris character, the kind that

been called for the papose of eunsidering. Arrangements were and if thought fit, passing certain resolders in the various parliamentary clubs, teaches that citizenship carries with it public duties as well as personal 'aıvan-j

The Chair was taken by Mr. J. Scottį tions as extraordinary resolutions in cou Many of these leaders are said to have tages, and what those dates are: the Harston, others present being the Hortion with the proposed amalgamationen paid $1,000, while cone cases have kizil that will produes a determination Mr. A. R. Lowe, the Hon. Mr. P. I. of this company with The Hongkong come to light in which the less influential on the part of the educated classes to see

Holyoak, and Mr. E. Raymond (Hires Hotel Company Limitest. that corruption in the government service to), Mr. J. H.. Taggart Manging. j.tions over :-** is smashed; that armies are dislauded Director). Mr. W. J. Hawker (Secre (1) The approval of the proposed and that the government is ran for the tary), qb Messrs. T. R. Parsons, A. Walgamation, the winding up of this,

Company, and the appointment of lenent of the mass; the kind of eluea-with. "W. E. Van Eps, H. J. White Liquidator with power to stich Liquidator to delegate his duties as indicated in the tion"that is being offered in the primary T. N. Chay. Fang Tat Chang, F. M.

first, of such resolutions, "schoals, the middle schools, the calleges Ellis, and H. J. P. Norton. and universities, carried-on-nuder-mish total number of share-represented sionary auspices in charge of as unselfish was 44,930.

These reoln-

F

(2). The approval of the conditional such resolutions and the authorisation of the Liquidator to erry such agreement

agreement referred to in the scoul of

more than 22,000 aplice. voters got an At the end, according to the houseiere racire, there were less than 50 out of the to accept bribes. These were presumably tated of 500 mbere present who ref sed the ones who voted for such person's as Sun Wen, Tuan Chi-jui, Wu Pei-fu, etc.,

te.

During the early part of the day the amber of those who refined to that.

Recept bribes was very much larger-but. to ahaalun the men, went after the women the dever campaign agents, when forced

a lot of people as can be found anywhere! The" "{'ninuas, said:-As indicated in the world. These institutions are all !

notice which has just been! into effect,

(3) The fixing of the date for the sand appealed to their common gense, too limited in their physical ability to in the reach the Chins who need their help, read by the Company's Secretary, this

gerainment of the shareholders in this pointing out that 83,000 for an afternoon Snoezel at. The result was that seres of and are eager to have it.

meeting his linen envened for the, pur company who are, pursuant to the third spent in pleasant company was not to be I hate "come to Felige that America's greatest contribution to China, grener ese of considering, and if thought fit, of such resolutions, to receive an allement unwilling rotors were actually inken la pany Limited under the terms of the the Houses of Parliament by their wives ads Triend who made predst even than America's political friendship, passing-an-extraordinark÷nselution_apf shares in the Hongkong Hotel Com

they enter the building. is the work of the American Christian proving the conditional agreement whichditional agreement.

This statement Missionaries in China.

(4) The authorisation of the Liquidator

The sabliery, under Wu Ching-lien's to give such consent as may be necessary did not leave it. One manber tells the pursuant to the fourth of Suche resolutions uniers, maksure that over inside they to the change of the name of the Hongwriter that the campaign managers were kong Hotel Company Limited to that of prepared to hald the querum by force for

Limited,"

position on the part of any element to tete the wrong way in appreciable' num-

75,

may, indicate the importance I attach to has been prepared for the purpose of the need of moral regeneration which carrying into effect the amalgamation of must precede any great political and in the business and undertaking of the Jastrial improvement In all China Shanghai Hotels Limited with the basi there is not a single organisation, ou a senie of importaner, that aims at moral uess and undertaking of this Company.The. Hongkong and Shanghai Hotels 36 hours if the early ballots showed a dis improvement or that is calculated to The project of the amalgamation was bring it about, that is not traceable in its origin to the Christina Missions. I have made public some time ago, having been inquired among all kinds of people from referred to in specific terms at an all part of China for such an activity of extraordinary general meeting of the non-Christian origin, without finding one. Shanghai Hotels Limited his far

learn back as the 31st May, 1922. Que who engags in an effort what is the matter with China, and what

The scheme of amalgamation is fully is the remedy, whatever may have been his former attitude toward religion. can set forth in the colitical agreement not fail to become interested in religion referred to in the resolution which is

The Chinese are j as a factor in China.

mon-religious. 11t a.n anti-religieux, set out in the notice convening this meet- people. Neither Buddhism nur Confuci ing. and, as there indicated, a empy of anism nor any other of the Oriental such agreement has been open for ju digion is any longer a motive fores in

the Com- China A distinguished scholar, who spection by shareholders at spent a long period in China, has recently pany's registered office and, at the offer declared: Instead of carping at mision of its solicitors. Messrs. Devon, Harston aris, we should remember that they have! been almost the only ones in the past with Shenton. a motive force strong enough to lend them to take an aerive" interest in Chinese alucation,

gard the Christian universities, colleges, aculemies, middle schools and primaries, with tlump unariy 250.000

શ્રી

There are also capies an this table, and it any shareholder s"

desires he may inspret same.

denial of all knowledge of the debt or the creditor, the police intervened and suggest et an investigation. This sufficed to take

You will no doubt recolleet that at the

The railway stations were watched by extraordinary general meeting of this, company which was held in Shanghai on the 31st May 1922 in connection with the hards of well trained detectives in plain izerease of the borrowing powers of the clothes. Any member attempting to leave company, the Chairman (Mr. Brodie was asstiled by an apparently irate but Clark) chr Con of his Speech Simple citizen who charged han in lond tones with trying to ecipe the payment remarked:-

of a debt. After the anal altercation, 1 theatrical I do not propose to lay before it which the M.P. made anything but a brief resume of the cons joint programme to be adopted by these two large Hotel Companies. I am con fident, however, that you will appreciate' the fact that the main Hotel interests the M.P. back to his headquarters where in the Far East will henceforth be his ruffled feelings were soothed with the subordinate to one administration. It umal cheque. Motor-cars and carriages were hired for every member who would is intended so soon as practicable to merge the Companies and shareholders agree to be trundled up to the meeting will be notified in due course of the ad the mass of vehicles assembled at the details of the scheme of amalgamation: House of Parliament exceeded anything At such time it is proposed to have the which the writer ha det seen in Peking.

Company head offer of the established in and diregted from Hong kong."

11~

Since the date of that ineeling, the head office of this company has been removed from Shanghai to Hongkong,

Lagreement

The Chairmas then preposed;

"That it is expedient to effect an analgamation of this Company with the Hangking Hotel Company, Limiteri, whose registered office is litustel at Victoria the Colony of Hongkong and"" with a view the reig that this Company be wend up voluntarily and that Walter John Hawker of Victoria in the Colony of Hongkong he and he is hereby ap pointed Liuhlator for the purpose of uch winding up with full power to delam gate all or any of his duties as be in his almolute discretion may think fit for the purpose of appointing a person är cor- poration in Shanghai in the Republic of China to act in conjunction with him and under his control and as bis ngent for the purpose of carrying out such liquidation.

Mr. FUNG TA HANG seconded, and the resolution was carried unanimously.

The CHAIRMAN then proposed:

Stated briefly, the heme of amalgami tien is one whereunder the shareholders in the. Shanghai Hotels Limited other Chinese students, its med potem factors than this company-whigh as you know; and your Directors consider that the time! in fitting China for taking her proper place in the world drama. They are does approximately 55 per, cent of the has now arrived when, as foreshadowed Tu that ing a work of far-reaching and aital im-

shares in the 'Shanghai Hotek Limited by Mr. Brodie, Clark, there should be a

merger of the two Companies. portam, hit with an welsh devotion far above praise Sometimes I wonder if will receive two shares in this company end the scheme of amalgamatio which is referral to in the end of the relations there may not some time travel up and of the nominal value of $10 each (credited contained in the conditional agreement down this great and a Chine John as fully paid up and ranking peri pass which are before this meeting, has been Wesley, ur, better still. a hundred of them, netusing the a high pitch the moralsh the existing Old," shares of this poured. Copies of that

this meeting been open for inspection by sense of the people as John Wesley company for the purpose of participating haye, as stated in the notice convening aroused the English people tong 480. in att dividends declared by this company dureholders at the registered other of this respect of the Gnancial year ending Company, and at the office of its Solicitors, 31st December, 1928) for each one share Mers, Denean. Hurston and Shenter, SINGAPORE HARBOUR BOARD the Shanghai Hotels Limited by and ako at the Shanghai office of the Com them respecavely, and whereunder the pay. There are copies of the agreement aud on this table which any shareholder may IMPROVEMENTS AT THE DOCKS. complete undertaking, business

must of the Shanghai Hotels Limited Linspect if he so wishes.

Under the scheme of amalgamation the The following notes are taken from the will be transferred" to this company in statement issue with the Budget address exchange for the payment. satisfaction shareholders in this Company other than recently delivered by H.E. the Governor and discharge by this company of all the the "Hongkong Hotel Company Limited debts and liabilities whatsoever of the which latter owns 85% of the shares in of the Straits. Settlements:---

Substantial reductions were made in the Shanghai Hotels Limited. Material ad- this Company's undertaking-will be rate for hire of the Dry Dock, and for tages have already accrued to both allitted two shares in the undertaking of labour and material, and the reflect on companies as the result of the acquisi- the Hongkong Hotel Company Limited of the Gross Revenue of the Dry Docks.tion by this company in May, 1922, of the the nominal value of $10 enchi (credited as There was an appreciable decline in the controlling interest in the shares of the fully paid up and ranking pri pas with Shanghai Hotels Limited, and your the existing "Old" shares of the Hong- quantity of general cargo sturel on the Beard are unhesitatingly of opinion that kong Hotel Company, Limited, for the Board's premises, and coal bunkering at much greater advantages will eventuate purpose of participating in all dividends the wharves continued to decline.

as the result of the amalgamation of both declared by the Hongkong Hotel Comany, The timber jetty east of the King's Dock companies, since such amalgamation will Limited, in respect of the financial year entrance was enlarged and strengthened lead to co-ordination in the running of ending 31st December, 1923) in exchange for each one share held by them respec for the purpose of berthing srasels required the business of the amalgamated com

pauies, and taus make for greater tively in this company: while the completa to discharge or load fuel oil.

undertaking, business and assets of this Company will be transferred to the The Board undertook the preparation of economy and more effective control. scheme to provide facilities at certain "I do not think there is anything fur Hongkong Hotel Company, Limited, ia sections of the Board's wharves for the ther with which I need deal, but if any exchange for the payment, satisfaction and supply of oil fuel to vessela The Board's shareholder would like to ask any ques discharge by the last mentioned Company proposals are still being considered by the tions ur seck any explanation. I shall be of all the debts and liabilities whatsoever Oil Companies interested.

pleased to endeavour to answer, such of this company. I think you will agree: questions and give such explanation to that the terms offered to the shareholders of this Company under the above scheine the best of my ability.

There were no questions; and the are most equitable and err if at all on the Lide of liberality, especially when you take CHAIRMAN proposed:

That the Conditional Agreement into account the advantages which are rubmitted to the meeting for the likely to result from the amalgamation. amalgamation with this Company of In this respect you know the benefits which the Shanghai Hotels Linsited upon the have already accrued to this Company as terms (inter alin) of "the acquisition by the result of the acquisition by the Hong- this Company of the complete under kong Hotel Company,, Limited, in May 1922 of the controlling interest in the taking business, goodwill and pro-shares in this Company's undertaking, and perty of the Shanghai Hotels Limited

you also know how this Company's finan in reta for the issue to members of cial position has thereby been enabled to that any (other than this Combe brought from its former chaotic state nauy) or two shares of this Company to one of stability. You can, therefore, of the nominal value of ten dollars the more readily realise that the amal- (810.00) each credited as fully paid apgamation of the two businesses into one for each and every complete share held will lead to still further benefit to both resolution was carried unanimously. by such members respectively in that Companies from the enhanced economy and Company he and the same is hereby more effective control which will be the approved and the Directors be and product of such amalgamation. they are hereby authorised to carry the I do not think it is necessary for me to said Agreement into effect with such say anything, further, but should any (if any) modifications either before or shareholder wish to ask any questions or after the execution thereof as they may think fit."

A Plater's Shop was erected and fully equipped with a heavy plate ruller and a flanging machine capable of dealing with the largest and heaviest "ship plates.

A new 30-ton Electric Crane was erect ed at the King's Dock, and the 15-ton Eletric Crine removed from the King's Dock and roerected on the Main Wharf. The sum payable to the Municipal Com missioners of the Town of Singapore, in lien of rutes to be assessed on the lands and tenements so exempted and the houses and buildings theroon, was increased from 853.290 to 8340,000 per annum, with effect | from January 1st, 1922

As a tentative measure, with a view to encouraging the trade of the Port and cargo handling at the wharves, substantial reductions were made in Wharf Bates and Charges, with effect from January 1st, 1923.

*

་་

Statistics of the toll of the Indian jungle show that last year 3,283 people were killed by wild animals, tigers being responsible for no fewer than 1,003 of the

Mr. VAN EPS seconded, and the resolu- total. The mortality from snake-hits tion was carried unanimously rose to 90,000. In 1822-23 209. wild animals and 58,370 snakes were destroy-

cd.

This concluded the business of the

ing.

meet-

ek any explanation. I shall be pleased

to endeavour to answer such questions. and rive such explanation to the best of wy ability.

No questions were asked.

(Continued at foot of next column.)

"That the Conditional Agreement sub- mitted to the meeting for the amalgama tion of this Company with the Hong- kong Hotel Company, Limited, upon the terms inter alia) of the acquisition by the Hongkong Hotel Company business, goodwill and property of this imital, of the complete undertaking. Company in return for, the issue to mem bers of this Company (other than the Hongkong Hotel Company. Limited) of two shares of the Hongkong Hotel Com- pany, Limited, of the nominal value of ten dollars ($10.00) each credited as fully paid up in respect of each alid every complete, share held by such members of this Company respectively, be and the sume is hereby approved and that the Liquidator be and he is hereby author ised pursuant to Section One hundre and eighty-five of the Companies'. Ordi nance. One thousand nine hundred and leven to adopt the said Agreement and carry the same into effect with such, (if any) modifications either before or after the execution thereof us the said Liquids, tor may think expedient." Mr. A. W. SMITH seconded, and the resolution was carried unanimously.

The CHAIRMAN 'then proposed:

That the aforesaid, shares of the Hongkong Hotel Company Limited, shall be allotted to such aforesaid mem bers who are on the Register of Share holders of this Company on the date of the confirmation by this Cungpany of the Special Resolution confirming the said Conditional Agreement.??

Mr. J. P. Boune seconded, "and the

The CHAIRMAN then proposed:

"That the Liquidator be and he Ím hereby authorised to give such consent ús may be necessary to the name of the Hongkong Hotel Company, Limited. being changed to The Hongkong and' Shanghai Hotels, Limited."

Mr. B. C. Cook seconded, and the resolution was carried unanimously.

This concluded the business of the mecting.