1925-04-21 — Page 3

THE UNITED ASBESTOS ORIENTAL AGENCY, LTD.

Mal. Central 236.

AGENTS FOR

A, Queen's Buildings.

BRIGG'S BITUMINOUS ENAMELS & SOLUTIONS.

BOLE AGENTS FOR

UNION

12

ANTI-CORROSIVE and ANTI-FOULING COMPOSITIONS

FOR SHIP'S BOTTOMS.

QUEEN'S THEATRE.

Tuesday to Thursday, April 21st to 23rd, at 2.30.p.m.. 5.15 p.m., 7.15 p.m. & 9.15 p.m. Like Leap Year She Was

"DANGEROUS TO MEN"

S.EE

VIOLA

DANA

· SUPPORTED BY

MILTON SILLS

In H. V. Esmond's Celebrated Drama

AND

BEN TURPIN

The Crossed-Eyed Comedian iu

“LOVE AND DOUGHNUTS “

A Mack Sennett Comedy" in Two Parts.

FRIDAY, April 24th at 9.15 p.m. "CARTER"

The World Renowned Magician PRICES-$3.00, $2.00, $1.00 & 50 Cts. BOOK YOUR SEATS EARLY !

WORLD

Tel. C. 4636.

THE HONGKONG DAILY PRESS, TUESDAY, APRIL 2197, 1925

THEATRE.

TO-DAY & TO-MORROW ONLY, 5.15 p.m. & 9.15 p.m.

THE JAZZ AGE BROUGHT TO THE SCREEN IN ITS FULL GLORY

"THE REJECTED WOMAN "

IIN EIGHT MAGNIFICENT REELS,

WITH CONRAD NAGEL, ALMA RUBENS, WYNDHAM STANDING, ETC.

HERE'S A PHOTOPLAY THAT NEVER LAGS ONE MOMENT IN INTEREST. THATS RICH WITH THE MODERN FLAVOUR OF HIGH LIVING, THAT PICTURES VIVIDLY THE DANCING, WINING, PETTING, ROMANCING YOUTH OF TO-DAY.

DON'T FAIL TO SEE IT.

STARTING

THURSDAY:

AN INTERESTING UNIVERSAL JEWEL

BUTTERFLY "

FTANG LAURA LA PLANTE, NORMAN KERRY. KENNETH HARLAN, RUTH CLIFFORD AND OTHERS

JACK

ALSO

DEMPSEY

IN

SO THIS IS PARIS"

(THE FOURTH OF THE "FIGHT & WIN" SERIES).

HONGKONG ENGINEERING & CONSTRUCTION CO., LTD.

CONTRACTORS FOR

CIVIL ENGINEERING AND "BUILDING WORK OF ALL DESCRIPTIONS.

Specialists in Reinforced Concrete Foundations and Structures for Factories, Godowns, Wharves, Bridges, Piers, &c.

Bole Licensees for Hongkong and China of the Franki" Patent Compressed Concrete Piling System.

Enquiries to HEAD OFFICE:

ST. GEORGE'S BUILDING CHATER ROAD.

Telephone Central 4581 (Two Lines).

PIANOS FOR SALE OR HIRE.

TEL 4648

TSANG FOOK PIANO CO.,

No. 8, Des Vour] ROAD CENTRAL{{Entrancs Ice Hones Street)

COMPANY MEETING. - SHANGHAI MUTUAL TELEPHONE COMPANY.

An extraordinary general meeting of shareholders of the Shanghai Mutual Telephone Company was held on April *14th.

Sir Edward Fenres, who presided said: Gantlemen.-You will have gathered has from the correspondence which

Various times in the appeared at Municipal Gazette of last year and also from the Resolution which was passed at the last Katepayer's Meeting, that your Directors have been in negotiations with the Shanghai Municipal Council and the French Municipal Council for the renewal of the Company's. Franchise Agreements which terminate in about twelve years from now. The question of the revision of rates and the introduc- tion of the automatic telephone has also been discussed and decided upon,

These negotiations have resulted in new Franchise Agreements being tentatively agreed to between the Councils and the Company, and a draft of the Agreement with the Shanghai Municipal Council was published in the dunicipal Gazette of this morning and has been also oper for your inspection in our offer during the past werk.

AGREEMENT WITH MUNICIPAL COUNCIL. There are one or two points which I might refer to before I proceed with the two resolutions before the Meeting.. By the Agreement with the Shangha Municipal Council the profits of the Company are limited as follows:-

(a) Dividend to Shareholders to 8 per

cent

(b)

Equalization Dividend not to ex- eerd 8 per cent. of the capital out- lay of the Company:

(c) Reserve Account net to exceed 10 per cent. of the capital outlay of the Company.

Obtainable at LANE CRAWFORD LTD Tabaqueria Filipti, Græco Egyptian Tobacco Store, and all high-class Tobacconists,

At 95 cents per tin of 50.

COMPANY REPORTS.

CHINA PROVIDENT LOAN AND

MORTGAGE. CO., LTD."

The report for presentation to the shareholders at the twenty-eighth ordi- nary general meeting reads as follows:- Andexed we have the pleasure to lay before shareholders statement accounts for the year eading December (d) The balance of profit after pro 31st, 1924

viding for the above to be car- ried to Tarif Revision Sus- pense Account

The tariff of charges to the Company's subscribera. ..ia subject to quinquenzial revision when the balance standing at the credit of the Tarif Revision Sus Aeconst will be taken into con- pense Bideration.

the

The Company's subscribers are in a very large majority aa compared with Shareholders of the Company and the Council have deemed it desirable the interests of the former that au closer should be made for endeavour working relationship between the Council, representing subscribers, and the Com- pany in the future, and for this purpose the Directors have agreed to accept the suggestion made by the Council that one of the Directors on the Board of th Company, should be nominated by the Council.

TEEMS OF NEW FRANCHISE AGREEMENT. The terms of the New Franchise Agree. ments allow the Company to carry on antil. 1837 and thereafter for successive periods of ten years; the only limita tions to the agreement being that should the Council wish to purchase the busi Dess and undertaking of the Company, they can give two years noties before the expiry of any of these periods.

It has been found necessary to amend our Articles of Association to meet the above points and this is the reason for of bur the alteration of a number Articles as called for in Resolution I.

These alterations were proposed by the Chairman seconded by Mr. C. M. Bain and carried nem, a

TO INCREASE CAPITAL OF COMPANY, The Chairman stated that ia tien of the limitation of the shareholders' dividend to 8 per cent, the Council have agreed with the Company to capitalise the amount

unt standing at the credit of

Share

Premia Account. Company's To allow of an equitable capitalisation this amount, a certain sum has been transferred from the Company's Divi- dend Equalisation Account, so as to bring

total to be capitalised

up to 500,000, which will permit of

the

the

The nett earnings for the past year & mount -to $299,365.49 which with sale of Kennedy 8246,792.90 proft on Town property and $1,737.29 brought forward from the previous year, gives the sum of 8548,143.65 which it is recommead- ed be appropriated as follows:-

DUTY

هر

Why do you always tell everyone about

Because I consider it my duty, sir.

Kensitas ?" he says to me, sit,

"Duty is the sublimest word in the English language, Jenkyn," he says-and I believe him, he knows what's what, he smokes Kensitas himself.

Like yourself, sir, a smoker of taste and discrimination.

Jenkyn

Muscufacturers: J.-W!X & SONS-LIÉ · 194-46 PICCADILLY-LONDON - WY - ENG.. Whalasala vežy; DONNELLT & WHITE, Distributors for Hongkong, and. Sonch China. I QUEENS BUILDINGS. Telephone: Central (M.

Kensitas

the preferred cigarette

EIGHT REELS OF FUN & THRILLS

The Comedy of the Season

-TO-DAY-

DOUGLAS MACLEAN

in

12.30

2.30

5.15

1.15

and

THE AMERICAN

100,000.00

00,000.00

.9,15

7,149.83

p.m.

1:38,000.00

23,100.00

To Interim Dividend for 1024 $101,15280 To place to Equalisation of

Dividend Account

To place to Reserve Account To write off from Godown Equipment Account .......... To pay a Final Dividend of 80 vents per share 91 170,000 old shares To pay a Final Dividend of

cents per share. 30.000 bonus shares......... To pay a Final Dividend-of 18 cents per share on 206.947 new shares and carry forward to the Credis of sext year's Ar-

count

од

71,324.48

19,925.59

Consulti Committee. The Very Rev. Father H. Sonvey and Mr. J. P. Warren retired during the year and the ery Rev. Father L Robert and Mr. T. G. Weall were invited to join the Committee. In accordance with the Articles of Asso- ciation, Mr. H. P. White, the Very Rev. Father L. Robert and Messrs. Lee Hysan and T. G. Weal! retire, but offer them- selves for re-election.

Auditors. The Accounts have been audited by Messrs. Linstead & Davis and Perey Smith. Setb & Fleming. Messrs. Linstead & Davis and Percy Smith, Seth & Fleming are eligible for election.

SHEWAN, TOMES & Co.. General Manager.

"LANE. "CRAWFORD. LIMITED. The report for presentation to share- holders at the third annual ordinary general meeting states:-

The Directors have pleasure in Aub mitting shareholders a statement of Tineounts made up to 5th February, 1825. bonus The balance at credit of Profit and Loss issue to the shareholders of one share for Account after allowing for Depreciation every four held by them." To enable the and Bad and Doubtful Debts, together Company

to carry out this bonus issue, it with balance brought forward from last

viz,

$26,719.07 amounts is necessary in the first place for the year, Capital of the Company to be increased 3921,979.8 which the Directors propose from 40,000 shares of Tls. 50 each to 50,000 to allocate as follows:- shares of la 50 each. or an increase of the share capital of the Company from Tie. 2,000,000 to Tls. 2,200,000.

A resolution to this effect was passed, subject to confirmation at a subsequent meeting.

inst

RUBBER COMPANIES.

PAJAM AND PANTAL

to

General Reserve

$ 20.000.00 Dividend of $1.25 per shure 150,950.00 18.750.00 Bonus of 15 cents per share Bonus to Staff

14,095.90 Carry forward to new account 24,181.80

Board of Directora The Board of Directors consists of Mr. W. E. L. Shea- ton (Chairman), Mr. A. S. D. Cousland, Mr. Chan Tong, Mr. J. D. Thomson, Mr. M. Raymond (Directors). Mr. B. L Bridger, Mr.

Crawford, Mt. W. L Eustace

In acaging Directors).

An extraordinary general meeting. of Pajam, Limited; was held at Hongkong

with the Articles of Asso- Bank Chambers, Singapore, "on the bciation Mr. Chan Tong retires but being.

at which the company approved the

offers himself for re-election. purchase from Pantai, Limited, of the Secretary S. J. Jordain. estate and undertaking of that company,

Auditora. The accounts have been! including book debts and east in hand and all assets whatsoever, in considera- audited by Messrs. Linstead & Davis who tion of the issue to Pantai, Ltd., by offer themselves for re-election. Pajam, Ltd, of 45,000 shares of $5 each out of the unissued capital of Pajam, Ltd., and allotted as fully paid

up, and

WE. L. SHETON: Chairman.

in consideration of Pajam, Ltd., under- taking to pay and satisfy all debts and SHANGHAI WATERWORKS Co. liabilities Pantai, Ltd., and all ex- penses of liquidation of Pantai, Ltd., if SATISFACTORY YEAR'S. WORKING. Liquidation ensue within one year from date of sale.

MENTAKAB RUBBER CO..

At the annual meeting of the Shanghai Waterworks Co., Ltd., on April 16th, the Chairman (Mr. H. Martin Little) and that the total receipts for 1924 amounted In their report for the year ended to Tla 1,790,533.84 against Ts. 1,368,056, Jaquary 31st last, the directors of Menta- an increase of Th. 424,477.84, and the kab Rubber Co. state that the accounts total expenditure was Tis. 835,563 50 show a net profit for the period of against Tis. 732,68020, an increase of

nett in- $18,503.00 after making due provision T1s. 42,883.24, thus making a for directors' fees and depreciation. The crease in the revenue of Tia. 181,584.00 balance carried forward amounts to for the year's working, and leaving a #11,840.19; there is thus standing to the balance of Tia. 934,970.34 carried to credit of the profit and loss account at credit of profit and loss account, against the close of the financial year the sum of Tis 573,375.74 the previous year $28,400.28. This the directors recommend At the Ratepayers' meeting last week should be dealt with as follows: Dividend a resolution was passed anthorizing the for 1024-25 at 5 per cent $14,973.25; carry, Council to revise, the agreement mundo forward toʻnext account $13,438,05..

with the Waterworks Company,

CONSUL

THE CORONET

TINENTAL

·SOLE-AGENTS!

BORNEMANN &

CO.,

HONGKONG-QueeX's Boad ASTATIC BUILDING. CANTON-No. 17, TIU YUEN HA KAL

HONGKONG SHARE MARKET. CLOSING QUOTATIONS.

Ara 2011, 1925. Hongkong and Shanghai

Bank-$1,230 8. Canton InsuraDZ.3760 b.

• Hanging Fire Insuramoss „! 3665 nom? Usion Insurances... 271] nom. Dongian Steamships,

HK 0.&M. Stammbor Watertonte China Bugun issues

[combined). Docks... Shanghai Dooks H.K. & B. Hotels. Bragkung Lands

Kowloom

188 b.

$171 nom

Tis. 261 nom. ..$196

$121 noin Tls. 197 nom $17 b

..198 b. & in.

1301 b. Tia 12 xiam. Two Khanghai Cottons (old )Tla, 60 b, (new) 204 b.

****

Orientals comerciant * Th. 290 b.

ate (combined)....$317 & $92 Lights (combined) $951 b. 36

(old) $160, (new) 144 z

Providenta

Dairy

Hongkong Electrics 784 b. 75/79 Hongkong Rope (combined) 14941

Hongkong Tramway 1444 b. &. Watsons

(old) 820 ix. (new) 14 no.. Peak Trams (ok))...........

mgöngers; a-adiori; wasales.

LEGIERS

No More Indigestion After Eating

That distressing, disagreeable, and fre quently painful condition known as indigestion, from which so many peopla suffer after eating, can be prevented, or relived in fire minutes, by taking two or three Bisurafod Magnesis tableta immed ately after eating, or whenever pain is felt. It's really wonderful the way those little tablets present and relieve all forms of stomach troublé and weakness due to or

accompanied by acidity or food fermenta tion. If you have azid stomach weakness, Indigestion, loss off power or any other form of internal troable, go to the nearest chanist for

a package of Berated Magnesis tablets; take, as directed ad you'll be amazed and delighted with the reenita. Be sure to see the trade-mark word "EISMAG" on the wrapper when buying.

The B

of the

Cleaning

HONGKONG WEEKLY

PRESS.

CONTAINING ALL TEN WIRKA

LOCAL NEWB,

The Paper tax and joo.