1924-02-13 — Page 4

SPECIAL

END OF SEASON

OFFER

February 11th to 18th

"RITZ" FELT HATS

(in various Colours and Shapes,

ALL SIZES

$9.50

EACH.

Mackintosh

& CO., LTD.

MEN'S WEAR SPECIALISTS.

Alexandra Building.

Des Your Road.

THE HONGKONG DAILY PRESS, WED ESDAY, FEBRUARY 13TH, 1924.

GOLD CREAM AND FACE CREAM

Daggett & Ramal's perfect Cold Cream

Pond's Cold Cre

Parke, Davis Cold Cream'

Parola Cold Cream (Theatrical)

Houbigant's En Beaute Face Cream i

Hind's Honey & Almand Cream

Legrand's Secret Jolly & Rosse Juvenile

Food's Vanishing Cream

Yardley's Face Cream

Ven-Yusa Toilet Cream

Stearn's Peroxide Cream

Stillman's Freckle Cream &

Orame Simon

THE CHINA DISPENSARY

82, QUEEN'S ROAD C.

EAST OF CENTRAL MARKET.

CROCKET & JONES'

HEALTH

BOOTS AND SHOES.

Well-known for their Fine Wearing Qualities and Distinctive Styles. Your attention is invited to the Fine Range of Newest Styles Just Received.

THE SINCERE CO., LTD.

WHITEAWAY, LAIDLAW & CO., LTD.

TRAVELLING REQUISITES,

FOR THE

VOYAGE

TRUNKS,

BAGS

SOILED LINEN BAGS,

RUG STRAPS, RUGS,

A SINO GERMAN AGREEMENT

THE MAIN TERMS.

INDEMNITY BY GERMANY LESS

CHINA DUES.

The following is the text of the announcement made on February 9th by the N.-C: Daily News on this sibject:

COMPANY" MEETING.

HONGKONG ROPE MANUFACTUR- ING CO., LTD.

EXTRAORDINARY GENERAL

MENTING.

hareholders of the Hongkong Rep

An extraordinary general meeting of

The Furth-China Daily News receive Manufacturing Co. Ltd., was held at the the following information from a source, offices of Messrs Showan, Tomes & Co., which we hire usually found authentic, yesterday. Me G. R. Shewan presil. concerning the terms of an agreement said. and others present were: Hon. Mr. to bave been arrived at between the Holyoak. Messrs. Allan Camerons Chinese Government and Germany, the White (Consulting Committer), latter's ripresentatives being its Minister Mr F. J. Tavares (secretary), and the in Peking and pas Herr Feicke (1), and following shareholders:-Messrs. H. H. relating to the indemnity payable by Tayler G. F. Lammert, Fung Tat Hang. Germany to China for the losses sustained by Chin, and her expenses in connection with the Great War. The four most im portant terins are:—

to

Germany will pay

Chinit $100,400,000. Chinese currency, in pay ment of suns expended by and losses sustained by Chinn in connection with The Great Wor

Randall, A. A. Cardeiro, J. Toppin, Fred Ellis, Choa Po Min, W., Adamaon,

Alves, D. Lopez, C. A da Roza 1. W. Munton and Tong Hok Ting.

*

The secretary having read the notice convening the meeting, the report of the proceedings of the meeting held on 28th Jaanry were read. The CHAIRMAN then proposed that this Report be confirmed (2) All amounts owing by the Chinese and that the Extraordinary Resolutions" Government, prior to the Great War passed on 28th Jnauary he also confirmed (totalling 834,000,000) to the four German Special Resolutions. This was second- fenis, Messy, Carlowitz, H. Diederichsened Mr. ELLIS and carried & Co, Arthald, Harborg & Co., and the Dentroh Asiatische Bank, shall be deducte (a) The mu of $15,000,000, due by China to the Deutsch-Asiatische Bank, Shall also be the fistanmed sum.

44) The sum of $6,000,000, the value of lands and properties seized from Germaneti; subjects by the Chinese Government dar ing the time. General Chin Yun Peng was Fronier, shall also be deduoud from the first-mained sum.

Deducting the MIES mentioned in Articles 2, 3 and 4. th amount remaining of will be approximately $45,000,000, which the German Government will pity $13,000,000 in cash now deposited in Londen, and the remainder in Tientsin. Pukow Railway (northern section), Ha Kwang (Hanan Kwangtung Railway and Reorganization hends of the Chinese Government.

SHANGHAI SCHOOLBOY

STOWAWAYS.

WANTED THE LAND OF LIBERTY.

Dressed in their Sunday best and posing first-class passinger, Allen Kes **Sandy

Collins and Clisky Du Bow, threo American holy of Shanghai last week stowed away in 'the | tr. President Lincolä in the hope of peaching America.

The CHAIRMAN theu proposed the follow- ing resolution as an ordinary resolution 1. That it is desirable to capitalise the | sum of $900.000 being part of the un divided profits of the Company standing to the errdic of the Company's essense fund and accordingly for the purpose of expitalisation in pursuange effecting neb

of article 110 of the Company's Articles of Association a bonus of 813 per share on the issued shares of the Company br and the same is hereby declared and that the general managers be and they are hereby authorised to satisfy such bonus be the distribution amongst the persons who are registered as holders of the pre- sent isaur of shares of the Company an the 19th day of February, 1924, of three of the united shares of the Company credited as fully paid up in respect of very two shares of the Company held by such persons aforesaid and that such new ordinary shares rank pari pasta with bares already issued na "from" the data of allotment with regard to dividend, and ! that the general managers issue to share- holders holding a number of shares which is not a multiph of two a fractional: certificate in respect of the odd share held by them and allot one new share to every person who shall produce (within quch period as the general managore"-ball determine) fractional certificates making in the aggregate a total of one share. This was seconded by Mr. Lawment and cartied. The meeting then terminated.

COMPANY REPORT.

THE HONGKONG ROPE MAND- FACTURING CO., LTD.

The young adventurers were caught" at Woosung, a wireless message from Mr. C. L Boynton, principal of the American School. having reached the ship while waiting for the tide in the anchorage, Without ceremony they were landed by the n.t Wooung, whence a motor-sar brought them

em to Shanghai and retribution,

The report for presentation to the The vessel did nat Benve at sa a.m.shareholders at the fortieth ordinary as expected. but at one o'clock. This genegal meeting says:- delay played have with their carefully laid plans, enabling the school to institute inquiries during the morning. Of course, the niet was known to their schoolmates. mt how could they disclose it? Finally however, one boy gave the game away. Searerly able to believe the youth's state ment

nstounded head acted promptly. the He wirmed the whip and as she had been delayed it was thus possible for the hots to be landed.

מיו

The deathblow to their hopes came swiftly though not unexpectedly to one bright youth. This boy, Rees, known mas his schoolboy set as the wireless Ho was in the wireles room the President Lineola and heard his fate spelled out in Morse, Listening to the familiar, dot-dashes be mentally decl el the messige, which he conveyed to the other two boys, The tides at Woosung haul proval their complete undicing, delay. ing the vessel until the message came through.

It is reported that the youths had be come discontented en losing, crètain pri- vileges through midin hours, so decided to leave for the Wherty-wing land.

JAPAN AND MARINE OIL

ENGINES.

Vickers. Itd., of Barrow-in-Furnes, howe recently received an order for Japanese owners for two marine heavy oil engines of 800 b.h.m., to be repents of the engine recently delivered to the order their associates, Mitsubishi Shoji nisha, Ltd. These enzines ara of the four-stroke cycle crosshead type with six erlinders. 18jin. diameter by 97in, stroke, and easily develop the required, power, at 150 r.p.m.

Annexed we have the pleasure to lay before shareholders a statement of ne counts made up to 31st December, 1921.

·The balance at Credit of Proft and

Low Account after allowing for the Interim Dividend of 200.000 paid in August last and including the balance of $13,166.61 hrought forward from 1992, is 17,587.40, which it is proposed to appre printe as follows:-

To place to reserve fund ... To pay a bonus to staff.. To pay a final dividend of $1

per share

$10,000,00 3,246.00

60.000:00

To bonus of $1 per share... 50,000.00 And to carry forward to the

credit of next year's ne count

4,341.99 Consulting Committee.-The Hon. Mr. 4. O. Lang has resigned, and the Hon.. Mr. P. H. Holyonk was invited to take his place on the Consulting Commities. In accordance with the Articles of Asso- ciation, the Hon. Mr. P. H. Holyoak, Messrs. H. P. White and Allan Cameron retire, but offer themselves for election. Auditors.- The accounts have bren andited by Messrs." Linstead & Davis and Messrs. Percy Smith, Seh & Fleming 31ears. Linstead & Davie and Percy Smith, Seth & Fleming are eligible for

•lection.

HONGKONG TRAMWAYS, LTIX

The Report of the Directors is 25 follows:-

The Directors submit herewith the audited statement of arrounts for the year ended December 31st, 1923

for the The profit

mounta Brought forward from last

Balance Sheet, lesi Final Dividend for 1979

and

......

year di

$737,373/23

Making a balance of Provision for Income LCBR:-

Corporation Prost Tax $20,000.00 Written off Goodwill

in the item D{ " Tramway Under- taking

Daring the course of the present year thre of the largest shipowning firms in Japan will each takelelivery of two large motor cargo vessels. It is generally be lieved this will represent the beginning of a very definite movement in the Far East in favour of the employment of pil- engined craft. The machinery for these new cargo carriers is under construction in Europe, but in the case of the two 0.700-ton vessels for the Kawasaki Hterm- ship Co. anda pair of 300-tonners for Mitani & Co., the bulls are being built at the Japanese yards in which the ship- owners hold a dominating interrat. It is, moreover, the apparent, intention that liernes for the construction of Diesel engines shall be taken out and the machi-Dividend for the year nary of futurs motne ships will be cons structed in Japan-se engine works. The motors for the Kawaki Company's yeseply

bring built by Messrs. Johu Brown & Co., and in each 2,500-b.h.p. Cammel Laird

บ

HIP

Written off @Power · Plant in the item of Tramway Under- taking

1923 of $1.75 per share, recommend-

22,000,00

50,000.00

ed by the Directers 562,750,00

.235.867.96

973,301.39

730,750,00

Leaving to be carried

forward

$242,610.40

THE HONGKONG AND SHANGHAI

HOTELS, LIMITED.

N MEETING of HONGKONG IN SHANGHAL HOTELS, LTD te

TOTICE IS HEREBY GIVEN that » EXTRAORDINARY GENERAL

held at Tire HoNOKONU HOTEL, Victoria, in the Colony of Hongkong, on WEDNES. DAY, the 18TH DAY Of “FEBRUARY, 1924, 46 280 o'clock in the AFTERNOON, when the subjined Resolutions will be proposed as Extraordinary Resolutions :---

(1) That the authored Capital of the Company (which is now $5,000,000 consisting of 500,000 Shares of the nominal value of $10 each wherent #75,000 live been issued) be increased from $5,000,000 condisting as afore- said to $10,000,000 (consisting of 1,000,000 Shares of the nominál valte of. $10 each; by the creation of 500,000 additional Shares of the noutinal value. of $10 each manking (subject as hereinafter mentioned) as from date of allotment for dividend and in all other respects pari paisu with the Shares constituting the Company's present issued capital,"

(2) "That in the first instance 375,000 Shares be offered at par (in the propor tion of one New Share for every sas Old Share held by them respectively) to the persons who on the date of the confirmation of this Resolution "asa Special Resolution are registered in_the_Company's Share Register as the holders of the 875,000 Okl shares, and so that on acceptance of the offer the nominal amount dus in respect of such -875,000 New Shares shall be parable'ns to the Sum of $6 part thereof.on acceptance of such offer agil as to the balances thereof on the 30th day of June, 1921. And further that until such time as the said 375,000 Now Shares shall be fally paid they shall ris-a-vis the said $75,000 Old Shares, rank for dividend only in proportion to the ratio borne by the amount paid up thereon to the full nominal value (810) thereof, and that any of the said 375,000 new Shares which shall not be taken up by the Company's Shareholders in manner aforesaid be disposed of in such usinner as the Company's" Board of Directors shall think ft."

(3)

11

That buch offer be made by Notice specifying the number of Shares to which the member is entitled and limiting a time within which the offer if not accepted by the member on behalf of himself or his nominee will be deemed to be declined and that the Directors bo at liberty to fix such time and in the case of Shareholders whose place of Address is not in Hongkong to extend it to such date or dates as they may think fit

(4) That the balance of 250,000 Shares constituting the Company's Unissuyt Capital be issued at such time or times in such manner and for such purposes and upon auch terms and craditions in every respect as the Company's Bourd of Directors may decide."

(5) That the Regulations contained in the printed document submitted to the Meeting and for the purpose of identification subscribed by the Chairman thereof be approved and adopted as the Articles of Association of the Com- pany in substitution for and to the exclusion of all the existing Articles thereof."

AND NOTICE IS HEREBY ALSO GIVEN that a further EXTRAOR DINARY GENERAL MEETING of the Company will be held at the same place on THURSDAY, the 28TH DAY of FEBRUARY, 1924, at 2.30 o'clock in the AFTERNOON, for the purpose of receiving a Report of the Frioodings of the above-mentioned Meeting and of confirming if thought it as Special Resalutions the above-mentioned Resolutions.

+

The TRANSFER BOOKS of the Company will be CLOSED from Thursday, the 21st day of February, 1924, to Thursday, the 28th day of February, 1924 (both days inclusive), during which period no transfer of shares can be registered,

The suggested new Articles of Association are similar to the old, subject to elerical alterations and to the following alterations of substance, viz: —

(1) The deletion from Article 71 of the words and holding or representing by

proxy not less thau ong-teath of the issued Capital.”

(2) The alteration of the minimum number of Directore to four and of the

maximuza number to seren..

(3) The alteration of the remuneration of Directors to payment at the rute of Four thousand dollars per annum and such sums as a General Mecting may determine instead of the fixed sum of Three thousand dollars par annum and such sams aa n. General Meeting may determine.

(4) The alleration of the quorum of Directors to three instead of two"

(5) The addition of Articles enabling the appointment by the Directors of a Local Boird or Advisory Committee in any place at a remuneration to be fixed by the Articles and the appointment by the Directors of Local General Managers, Secretaries or other Assistants, delegates or Attorneys at a remuneration to be fixed by the Directory.

() The addition of an Article enabling the Company to have an Official Seal

and Local Registers in places outside the Colony...

i

A copy of the Articles of Association of the Company with the said alterations and amendments incorporated and indicated fu red ink or red print can be seen during usual business hours at the Hegistered Office of the Company, Powell's Build- ing, Des Your Road Central, Victoria, in the Colony of Hongkong, and at the Shang- bai Office of the Company in Hongkong Bank Building, Shanghai, in the Republic of China.

Dated the 31st day of January, 1921. ·

294]

By Order of the Board

PERCY, H."SUCKLING,

Secretary.

GREEN ISLAND CEMENT CO., LTD.

Best Portland Cement

SHEWAN, TOMES & CO.,

GENERAL MANAGERS,

HONGKONG.

Do.

$6.00 per for.

í

ETC, ETC.

EVERYTHING FOR THE TRAVELLER.

WHITEAWAY, LAIDLAW & CO., LTD.,

HONGKONG.

For the Nippon Yusen Kaisha, two 10,000- The retiring Directora are Sir Robert ton vessels are on the stocks at Clyde Ho Tung and the Rev. Fr. L. Robert, who yards, one ordered from Harland & Wolff are eligible and offer themselves for re- and the other from Lithgow. In this election. instance the interesting plan is being m ployed of building two sister vesels, but owned by the Toyo Kisen Kaitha, will installing two different types of roach shortly be converted to oil-rogine drive, rv: 4.000-h.h.p. Harland & Wolff plant while. Vickers despatched on Dies engine will be fitted in one craft, and Bubar to Japan a month or two back for in- enzines of equal power in the other: Installation in a small cargo and passenger addition, it has recently been reported voksel. Hitherto, no Japanese-owned ship that two 13,000-ton turbine-driven, liners, has been equipped with internal-combus-

(Continued at foot of next column), tien machinery,

PENYORE

Armour's. Veribest"

Frankfurter Sausage $1.00 per in.

Do.

$11.00 per doz.

Vienna Etyle curage $0.55 poin

JUST ARRIVED

VIOLINS AND MANDOLINS

MÓDERN FAMOUS MASTERS

KOWLOON MUSIC STORE

"KOWLOON HOTEL BUILDING.

KOWLOON..

YE OLDE PRINTERIE, LTD. PRINTERS, IBOOKBINDERS, ETC

14 QUEEN'S ROAD CENTRAL - (NXIT DOG TO LATAKUR).

T. C. LABRUM, Managing Director.

SUIT CASES,

CARS

for Messrs. Mitsui & Co.'s ships are b

Fullagar engire will be the bes

manufactured by Burmeister & Wain.