1924-01-09 — Page 6

in

THE HONGKONG DAILY PRESS, WEDNESDAY, JANUARY 918, 1994.

This Prospectus has been duly filed with the

Registrar of Companies.

ሀ

The Subscription List will be Open on MONDAY, the 14TH DAY OF JANUARY, 1924, and Close en or before SATURDAY, the 19TH DUK OF JANUARY, 1924,

THE SIMPLEX PLASTER COMPANY, LIMITED. Incorporated under the Companies' Ordinances 1911-1921.

CAPITAL

$500.000

DIVIDED INTO 50,000 BHARES OF $10 EACE.

Offer of 4,000 Shares for Public Subscription.

Of the above shares 15,000 credited as fully paid will be alloted to The Chino America Industrial Developing Company, Limited, as the purchase price for the sale to the Company of property, plaat, machinery and equipment of The Chino American Industrial Developing Company, Limited, on the terms of the contract set forth in this Prospectus. Of the remaining 35,000 shares it is intended at the present time to ise only 15,000, and of these shares 11,000- have already been subscribed for cash by the Directors and their friends. On these shared $2.50 per share will be paid on application and the balance when

alled up on the same basis as the remaining capital.

The remaining 4000 shares to be issued at the present time, ranking equally with those already subscribed, are now offered for Public Subscrip tion, payable as to $2.50 per share on application. The balance due on each share ($7.50) will be called up on allotment.

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The unissued Capital of the Company will be issued at such times and on such terms as the Directors shall determine.

The Form of Application for shares is at the back of this Prospectus.

DIRECTORS:

CHARLES EDWARD HARTNELL BEAVIS, No. 9, Queen's Road

Central, Victoria, Hongkong, Solicitor.

CHAN PEK CHUN, No. 34, Bonham Strand West, Victoria, Hong-

kong, Merchant.

CHAU YUE TENG, No. 16, Des Voeux Road Central, Victoria, Hong-

kong, Merchant.

"CARL BRADLEY SHANK, Nos. 50-52, Queen's Road Central, Victoria,

Hongkong, Enginter.

EDWARD DEAN SHANE, Nos. 30-52, Queen's Road Central, Victoria,

Hongkong, Architect.

WONG KWOK SHUN, No. 169, Des Voeux Road Contral, Victoria,

Hongkong, Banker.

One further Director will be appointed by the Board after allotment,

BANKERS.

THE INTERNATIONAL, BANKING CORPORATION.

AUDITORS,

MESSIEURS LOWE, BINGHAM & MATTHEWS, Chartered Bank Building, Victoria, Hongkong.

SOLICITORS.

MESSIEURS WILKINSON. AND GRIST,

No. 9, Queen's Road Central, Victoria, Hongkong. REGISTERED OFFICE OF THE COMPANY : CHINA BUILDING, Quzza's ROAD CESTRAL, VICTORIA, HONGKONG.

PROSPECTUS.

(4.) The recent remarkable developments in building in this Colony Ihave resulted in a demand for labour and building materials that has been unprecedented. Increased costs, consequent upon such demand, necessitato the adoption, where possible, of means whereby not only may labour be saved but materials produced both quickly and economically. This Company is formed mainly for the purpose of providing plaster and gypsum products which are required in the construction of every building from the small house to the largest block of modern offices. "Simplex Plaster which the Company pro- poses to insaniseture in this Colony, is manufactured by a special process, and is at present only obtainable from abroad, and the Promoters are confident that it can be manufactured here and sold for a price considerably below that which the commodity commands in Hongkong at the present time. This plaster is now extensively used in building in this Colony, and is in fact, as experience has shown, extremely beneficial in the Far East and particularly in Hongkong. for it is impervions to white ants, does not chip owing to damp, and is prae- tically fireproof, remaining unbroken and unaffected by heat unless of a temperature of 250 to 300 degrees centigrade.

•

(8.) The Company is acquired as a going concern that brunch of the basiness of Tas Curso AMERICAN INDUSTRIAL DEVELOPING COMPANT, LIMITED, which has been engaged in the manufacture of "Simplex Plaster." The purchase includes a piece of land of an approximate area of 41,000 square fcet sitasie at Trun Wan, together with the buildings, plant, machinery, and equipment thereon, the machinery being already assembled for the commence- ment of manufacture. The purchase price will be paid and satisfied by the allotment to THE CHINO AMERICAN INDUSTRIAL DEVELOPING COMPANY," LIMITED, of 15,000 shares of the Company credited as fully paid up. Further more the agreement with the Vendors provides that the Vendors will place With the Company all further orders for the supply of plaster by the Vendors.

The Contract for the acquisition of this business is dated the 4th day of -January, 1924, and is made between THE CRINO AMERICAN INDUSTRIAL DEVE- LOPING COMPANY, LIMITED, of the one part and Denis Henry Blake as Trustee for the Company of the other part. A copy of the Contract can be inspected at the Registered Office of the Company or at the office of the Company's Balicitors.

(6) The minimum subscription on which the Directors may procced to, Allotment is seven shares.

..

(d) No commission or promotion money is being paid by the Company.

The Company will pay the preliminary expenses of and incidental to the formation and Boating of the Company down to the time when it becomes entitled to commence business, and the estimated amount thereof is $5,000.00." The Articles of Association provide that the qualification of a Director is to be the holding of 500 shares in the Company, and that the remuneration of each of the Directors is to be $600.00 per annum.

(7) The Directors are interested in the promotion of the Company to the Extent only that they or some of them are Directors of other companies with. whom the Company may do business."

(3) Copies of the Memorandum and Articles of Association of the Com- pany can be inspected at any time daring business hours at the Registered Office of the Company or at the Company's Solicitors,

(1) A copy of the Company's Memorandum of "Association is azinered to

this Prospectus and forms part of it.

() Application for shares should be made upon the Form attached to this Prospectus, and sent to the Company's Bankers together with a remittance of 32.50 per share, the amount of the deposit. N

Where no allotment is made, the deposit will be returned in full, and where the number of shares nilotted is less then the number applied for, a proportionate amount of the deposit will be returned.

“

(k) Prospectuses can be inspected at and Forme of Application obtain- ed from the Company's Bankers, the International Banking Corporation, and at and from the Registered Office of the Company."

Dated the 5th day of January, 1924."

[157

NEW ADVERTISEMENTS

DISTRICT GRAND LODGE OF HONGKONG AND SOUTH CHINA, EC.

NOTICE.

THE FORTY-EIGHTH

ANNUAL

INTIMATION

Seasonable Remedies and Preventives

MEETING will be hell on WEUNES WATSON'S

DAY, the FTM INFTANT, at 9.15. PM. All M.Mars invited to attend.

NOTICE.

[178

HONGKONG PHILHARMONIC

SOCIETY

REHEARSALS being Bormed and

MERTING I be held at 3.15 PM, on MONDAY, 14TH JANU ARY, in ST. JOHN'S CATHEDRAL Hazz.

TESTS ATS Vacancies for Competent Instru

mentalists and Singers, and all those interest ad and wishing to join are invited to attend the abore Meeting, or to apply in writing to the Hon. Secretary.

S. COLLETT,

Hon. Secretary

3, Queen's Gardens,

9th January, 1994.

[177

THE HONGKONG, CANTON AND MACAO STEAMBOAT CO. LTD. NOTICE TO SHAREHOLERS. THE ONE HUNDRED AND FOURTH ORDINARY MEETING of SHARE HOLDERS in the Company will be held at

10

A

the Office of the Company, No. 4. DES VOTI BOLD, on FRIDAY, 1ST FEBRUARY, 1994, of receiv LOCK NOON, for the purpoethes with at 19 O'CLOCK ing a Report of the Directors, together

Statement of Accounts, declaring

་ Dividend and electing Directors and Auditors. The TRANSFER BOOKS of the Company will be CLOSED from Saturday, 19th Janu ary, to Friday, 1st February, 1924, both days inclusive, dering which period no transfer of sharos can be registered.

By Order of the Board of Directors,

JOHN ARNOLD, Becretary.

Hongkong, 8th January, 1994.

1%

F179

HONGKONG BILLIARD ASSOCIATION.

FINAL OF LEAGUE CHAMPIONSHIP,

CATHOLIC UNION

。

CHINESE CLUB.

FRIDAY, 11TH JANUARY,

4

PECTORAL

COUGH BALSAM

For Coughs, Colds and Bronchitis in bottles $1.00 and $1.75.

MARTIN'S INFLU

ENZA MIXTURE.

FOR

Cold in the Head and Catarrh $1.00 per bottle

ANTI-

WATSON'S

SEPTIC THROAT

PASTILLES

FOR

Relaxed and Sore Throat, 50 cents per tin

WATSON'S EU-. PINE INHÄLANT

FOX

Cold in the Head, &c, 50 cents per bottle.

6.00 7.M., 8.30 PM. and 3.00 . respectively. A. S. WATSON

2

ADMISTON-1.00 per Evening or,

1.50 for the Two Evenings. RESERVE BEATS-150 each Evening or 2.50 kr the Two Eve 181]

TO LET.

ROAD CENTRAL the

NPREMISES at present occupied by

the "PHARMACE."

Apply to CHINA & JAPAN TELEPHONE &

ELECTRIC CO., LTD.

(178

CO., LTD., ESTABLISHED 81 Years,

→ BIRTH.

BAILEY-On Sunday, the 6th inst, at Government Civil Hospital, the wife of Mr. W. S. BAILEY, of a daugh

1180

ter.

Hongkong Oftes: 1a, Chafer Bond. London Office: 11, Flees Street EO.

militated against the development of the diversity of religion and caster, ro shipping enterprise in India, he said,quiring in many cases different cooking were the prevailing high rate of interest, places, food scales sad even drinking and cut-throat competition by foreign water. One European witɑoss said be companies. Ho considered. State aid to had never heard of an Indian boy running He adrocated away to go to sea, as is compion in Euro- he absolutely essential. the maintenance by the State of ship-pean countries. In this lack of love for building yards, and urged that costal the sca-faring life, it seems to us, lies the passenger and cargo traffic should be great obstacle to the rapid development. reserved for Indian companies and that of an Indian Mercantile Marine. The bounties should be paid to Indian ships British witnesa who commented on the engaged in ocean navigation. To provide for the bounties the witness advocated

insuperable caste difficulty suggested that it might be overcome by inducing Indian Christians, Paris, nod Mahom the creation of a Shipping Fund by means of a upali tax on every ton of cargo wedans to go in for ses training; but brought into India, and a small percent they hardly seem the stuff that the good revenue be also old type of "sea-dog" is made of, and -age of customa set apart for this purpose, if necessary, an Indian Mercantile Marine would be In order to prevent a freight war, the likely in this and many other ways to a prove a very expensive toy to the Indian witness advocated the fixing of

to

maximum scale, permitting reductions taxpayer. But he won't be happy till to any figure. He was in favour of the he gets it," and from the general trend grant of navigation bounties to Indian of the evidence taken we may assuma. owned vessels trading, (1),between Indian that the Committee's recommendations parts, (a) between India and ports will be largely in sympathy with the abroad, and (3) between ports outside generally expressed desire.

India, and be Lavoured the introduction

of legislation to declare deferred" rebates illegal

London mails of December 12th reached ua yesterday vid Siberia. The mails of this date via Suez are due to-morrow,

All the Indian evidence taken, so we have yet seen it, is much on the same lines. One of the witnesse Street, Canton, on Monday morning de-

A fire which broke out in Yan Chai The damage is

stroyed fifteen houses. estimated at $50,000.

a Professor of Economics at the Bombay University, told the Committee that an amount varying from fifteen to seventy

The Italian cruiser Calabria, and all crores of rupees constituted the annual freight charges of India. The consequent the British and American warships in annual drain should be stopped by the port were dressed" yesterday in hon- development of an Indian Mercantile our of the birthday of the Queen of Italy. Marine.

The Asia Banking Corporation have distrust the present Government of India obtained judgment in Manila against equally as regards personnel and motives Messrs. Teal and Co., Inc., for P330,000, and qualifications, he would definitely with legal interest. The suit related in- advocate direct State enterprise in ship-debtedness guaranteed with mortgage. ping. He advocated in existing circum-

He added that if he did not

The Saarbrücke, which arrived in port

A gang of robbers attempted to hold- the Yuch-Han (Canton- up a train on Hankow) line on Sunday. These trains cagine which runs in front of the train- now carry armed guards and a pilot carries an armed guard to keep a look- out for robbers. When the gang was seen on Sunday the guard attacked them and captured two of them who were wounded.

stances the reservation of coastal traffic, the prohibition of rate wars and deferred yesterday from Eremen, had on board rebates, and said that navigation and 148 German and 2 American passengers. construction bounties should be paid if Of the German passengers 4 were book- necessary by a surcharge on the freights ed to Hongkong, 14 to Canton, 12 to carned by foreign vessels. The Principal Manila, to Pakhoi, 104 to Shanghai, Engineer and Ship Surveyor to the to Kobe and 3 to Yokohama.

There has been no serious fighting in Government of Bombay (Commander BONNAR) said in his evidence that the the East River district recently, but it people of India had in the past shown is reported that large quantities of sup- themselves very willing to invest money plies have been sent from Canton to the in shipping but had met with a consider front during the past few days in pre- able measure of disaster owing to the paration for a general attack on "a cer- system of deferred rebates The witness tain place"-presumably Waichow. advocated their cancellation, and fixation of maximum, and "minimum fares and freights, if Indian shipping was to be encouraged. Witness considered the de- sire for the reservation of the postal traite of India to Indiaa vessels as very natural from the Indian point of view, and he would recommend navigation bounties to open up the coasting trade of small ports with small vessels. The Government Port Officer at Karachi (Commander N. WOODSMITH, BLM) also expressed sympathy with the Indian aspirations to form an Indian Mercantile Marine. He said he had seen the work ing from his own view as a anilor of varions Indian-owned companies trading on the coast and considered that the work

Dr. J. G. Schurman, American Minister Is India during the past two months was carried on in an efficient manner.

to Peking, who on his return from a visit three important public inquiries have He saw no reason why ships entirely to French Indo-China and Hongkong been in progress A Royal Commission, commanded and officered by Indians went up to Canton last week was. enter- RACE MEETING 1994

under the presidency of Lord Les, has having the requisite education, should tained on Saturday at dinner by Mr. C. C. Wn, Secretary for Foreign Affairs. been inquiring into the Public Services not continue. He did not favour sub Among the guests invited were the Secre INTRIES for the FORTHCOMING

RADES Olone on SATURDAY, 19TH another Committee has been investigat sidies or bounties, considering that they taries of the different departments of the INSTANT, At 3 P.ML, and must be sent to the ing Tariff Questions; and a third has are unnecessary for the development of General Headquarters, "the U.S., Consul JOCKEY CLUB Rooms, 3a, Chater Road, on been, concerned with proposals for the the Indian Mercantile Marine. Similarly and the Vice-Consul' at Shameen.

development of an Indian Mercantile he did not consider that a reservation of Marine. All are questions of more than the Indian Coastal Trade necessary for local interest, but we propose to confine such development. He advocated protes our observations to-day to the third sub-tion by legislation which might take the ject the proposals made to develop the form amongst other things of fixing mini- Indian Mercantile Marine Neither India mum freight rates to prevent rate wars nor China will be content, to remain with- and also making illegal the deferred out a Mercantile Marine. They have seen rebate system.

ST. DAVID'S SCCIETY, BONGKONG. THE ORDINARY ANNUAL GENER AL MEETING of the above Society will be held in the SUPREME COUET, ON KON DAY, the 14TH JANUARY, at 3.10 ..

(771

HONGKONG JOCKEY CLUB ANNUAL

This ate.

Entry Forms are now ready and can be had at the Jockey Club Stables, the Jockey Club OF MERITA, LINSTEAD & DATI; Alexandra Rooms (Hongkong, Club Anner, Chater Road),

Buildings.

185

HONGKONG & SHANGHAI BANKING CORPORATION.

1720

will be

Shares

The Daily Press.

HONGKONG, JANUART 8TH, 1934.

INDIAN SHIPPING

ASPIRATIUNS...

to have been.

Another tax on trade in Kwaogtung is tax of two reported. A "protection dollars per car load of goods carried on the Yueh-Han Railway has been imposed by the newly-established North River Transportation Bureau." Upon payment of the tax, says the newspaper report, the Bureau gives the firm dispatching the goods a small flag bearing the name of the Bureau!

At the Magistracy, yesterday, an ap- plication was made by Revenue Officer Ward Before Mr. J. R. Wood for the confiscation of 1,200 ounces of morphine concealed in two cases marked "colours" and seized on the German 8.s. Rhindand recently. The destination of the drug was revealed to be Amoy. The applica tion was granted and His Worship mado an order for the confiscation of the drug

The Hon. Mr. E. R. Hallifax and Mrs. Hallifax felt for home yesterday on the Blue Funaci liner Patroclus. Mr. Halll- fax has been appointed by HE. the Governor to be Commissioner of the Hongkong section of the British Empire Exhibition. Among other passengers by

Mr. M. H. Turner,

namall Asiatic nation like Japan develop There are other obstacles to the NOTICE 13 HEREBY GIVEN that the Certificate 5/s 7496 dated Hongkong 5th April, 1922, for

Five Sharee of this Bank in the course of a quarter of a century development of an Indian Mercantile numbered 62876/62380 inclusive registered a mercantile marine which ranks to-day Marine which seem in the Name, Mrs. GLAFIRA MARIA ECA high in the list of the world's fleets, and entirely ignored. First, as to shipbuild DA SILVA ABELLA has been destroyed. by Fire, and should this Certificate not be the much larger nations of the East, if ing. An Engineer and Ship Surveyor at produced to the Bank before the 17th January, they do not smart under a tense of the port of Karachi gave it as his opinion this ship were Senhor de Freitas, luto 1924, New Certificate for the larued, and the aforesaid Certificate No. 5/as humiliation in this connection, certainly that the unsatisfactory state of shipbuild- Doyen of the Diplomatic Corps at Feking, 7406 will be thereafter treated by this Corpora- aspire to emulate the example. "We do ing in India was principally due to the and Madame de Freitas, Mr. and Mrs. tion me Nuli and Yold

not see as much evidence of this in China high cost in India as compared with other W. J. Crawford, Mrs. J. McHutebeon, By Order of the Court of Directors,

A. G. STEPHEN, as in India because, in any reapeste, countries, and lack of practical knowledge Mrs. Cook, Mr. T. G. Wenll, and

Chief Manager.

under British tutelage, India has become on the part of workers, and also that a more advanced nation. The appointment these workers are not physically fit to of a Committee to investigate the subject undertake heavy work which is essential of an Indian Mercantile Marine is the in constructing ships of a large size outcome of popular agitation, and it in These arguments are countered by sag- interesting to notice that the Indian gestions that so far as lack of practical claim has received support in the inquiry knowledge is concerned, India would be

one expert European Erou more than

prepared to pay for the necessary training One of the first of the Indian and experience, as other countries have of Ons Month from the Date hereof the above witnesses examined by the Committee done. A more vital question when “the document be not forthcoming the said Certif

NOTIOR.

UNION INSURANCE BOULETT OF. CANTON, LIMITED,

YERTIFICATE No. A/53 for Nina Bharca, £4 per share paid my numbered 18543 08051 in this Society standing in the name of witness t KWONG BING LUNG of Yokolama has

been declared TOST, and if at the expiration

eata will be deemed cancelled and of no effect, declared, as a public man who had been Indianisation of the entire ship service

and a NEW Certificate for the Nine Shares will be issued in its stand by the Society.

C. MONTAGUE EDE,

General Manager. Hongkong, 11th December, 1923, - 11006

closely in touch for years with all shades is demanded, in where are the officers of public opinion, that there is a distinct and crews to he obtained? The Port desire in the country for an Indian Mer- Officer of Bombay gave it as his opinion cantile Marine. The conditions which that one insuperable difficulty would be

DIVIDEND ANNOUNCEMENT HONGKONG AND SHANGHAI BANK- ING CORPORATION.

The Directors of the Hongkong and Shanghai Baoking Corporation announce that, subject to audit, the dividend and

December, 19234 will be:- hopus for the half year ending alst

Dividend

£3 per shar Bonus in addition.. to ...dividend

£2 per share. Add to Silver Reserve Fand 81,000,000 Write off Bank Premises... $1,000,000 Carry forward to next year,

About

$3,315,000