1925-05-18 — Page 5

COMPANY MEETING.

CHONGKONG AMUSEMENTS, LTD.

THE HONGKONG. DAILY PRESS, MONDAY, MAY

A few more wards only: last year we. acquired one further theatre, viz., the Cheong Lok, in Shaukiwan, which atart- ed business in December and is doing, on The. 4th' ordinary yearly meeting of the sidering everything, very well indeed, Hongkong Amusements. Ltd.. was held earning revenue from the first month-an exceptional circumstance when starting a at the office of the Company, China Build theatre. In its former lessee's hands, ing, on Saturday morning. There were is understood, it nover, paid its way, prosent; Hesars. J. H Backhouse As last year, we have budgetted for (Chairman), J. A Noronha, H. W. Raya bonus to be paid to Chinese theatre

HONGKONG LIQUOR AND TOBACCO TAXĖS.

EVASION OF DUTY BY CHINESE DISTILLERS.

CANTON NEWS

ISTE.

(FROM OUR DRINISÉ CORRESPONDENT]

STRANDED' STUDENTS..

The many Chinese atudents attend- schools in Lyons and other cition of France have written home to Canton that they will have

REVISION OF THE LIQUOR LAWing French

CONTEMPLATED.

J

and M. W. Stevens (Directors), Messes, † stuffs, which will not exceed $1,000. You Superintendent of Imjorts and Exportaaspies of which several hundred Chin-

R.K Butler, Graham Brown, Lee I Cheung, It. E. Ost, and Capt., J. J. Lossius (shareholders). ·

will am sure, conlially approve this recoghition of faithful and arduous ser- |vice.

I thank you, Gentlemen, for the patient hearing you have given my remarks, and

In his Annual Report for 1994, the othing more to do with the Franco- Chinese Educational Society, under the (Mr. J. D. Lloyd) says:-

ess youths went to France to study The net revenue collected under the

several years ago. Chinese studen beading of Liquor was $1,000 attending schools in France under Chin- against 81,276,152.87 in 1951

European and Chinese Liquors baths Government scholarship have met After the notice convening the mecting take picnsure in calling on Mr. J. show decreases. The collection of duty no little hardship lately because of lack on Chinese Liquor still remains unsatis, of funds from China, where the ma Whereas in 1913,240 licensees chinery of governmet.t. especially the de in Hongkong and Kowloon paid duty atment of fiance, has been much dislocated by the contineus internal con- on 148,30 gallons of Chinese Liquor, Hiers in

many parts of "the country, an average of 0,088 each in 1994,341 The Franco-Chinese Educational Society, licensees in the same districts paid duty it appears, while able to afford mera! on 1,36,300 gallons, an average of 3,80 support, cannot render the financial sid gallons each puly.

desired.

had been read.

Noronha to second the resolution .now before you, via, that the report and statement of accounts as prosented he received, approved, and adopted.

a. NoAUNHA Seccoded, and the report and accounts were unanimously adopted.

MR RAY proposed the re-election of Messrs Backhouse and Lo Shua Wan, retiring, Directors.

MR. GRAHAM BROWN seconded, and this was carried.

I have the honour, Gentlemen, to pro- pase from the L'hair that the sincere con dolences of the menihers of this Company he transmitted to Mrs. Wheeler. It is, consider unnecessary that such a motion shakl be seconded and I will, therefore, sak you all to rise in your places in jokes | carried unanimously, of your unanimous approval thereof.

וי

Mr. LEE seconded, and the motion was Captain Losses proposed the re-clec. tion of Mr. H. Greenwood, A.C.A., a

factory.

The CHAIRMAN suid-Gentlemen, be fore proceeding with the regular business of the meeting, it in my duty and melancholy, privilege to re fer to the serious loss that this Company has sustained since our list annual meet ing. I refer, of course, to the lamented

Evasion of duty on part of many Dis death last November of the late Chairman

tilleries in the New Territory was dis

SUN YAT SEN'S' HOUSE. of the Company, Captain Frank Thomas

covered, and it was decided to transfer

By recent proclamation of the Wheeler. Captain Wheeler took no inac

the complete control of distilleries in Kuomintang acting chief in Canton, Live part in the foundation of Hongkong Amusements, Limited, and was its Chair The CHAIRMAN proposed that "the ful the New Territory from the Police to the residence, of the late Dr. Sur Yat man from the time of its inception to luwing dividends be declared out of the this department, the staff of which hassen in Chui Hang Village, Heungshan, will be preserved as a shrine out of re- that of bis passing out at Port Said. Cap-net profits of the undertaking available been strengthened for the purpose.

Towards the end of the year a Dis- spect to the long service of the deceased tain Wheeler's genial presence, fairmind for distribution upon the falls paid-up ed judgment and controlling hand are capital issued to date, et, on 1,000 pretillery at Aberdeen in a large way of for the Chinese revolutionary cause.

a dividend of business was detected in a systematic greatly missed by his colleagues on your farred ordinary shares

Unfortunately

ASUTHER STRIKE THRATENED. Board, who feel that his absence causes a $2.00 per share for the year ending the fraud on the Revenue hintas hard indeed to fill

The anti-Bolshevist workers in Can- March, 1825, and on 8,000 deferred the account books of the firm in current

use were not found, and hence it was ton, as protest against the non punish- dedinary shares a dividend of $1.00 per

bare for the same year, anch dividends impossible to aserriain how much they ment of union men accused of assault to be paid to the shareholders whose had defrauded the revea but there and battery and kidnapping, are threa names appear on the Register at this were certain indications that they hart thening to declare a gigantic strike and, been for some time paying at most half if this is done, the city fight, water, date,

of the correct amount.

and launch services will be paralyzed.. Steps were taken during the year to The Arsenal workers have already gone bring the manufacture of Chinese vinegar on strike for more or less politico-mili- from spirit more strictly under control. tary reasons, and it is reported that the REPORT AND ACCOUNTS. the Company's auditor for the current Considerable work was done in investi- railroad workers may join in sympathy. After the Secretary had read the nudi-year at a remuneration to he fixed by gating the crude methods employed by The cause of the dispath among the Chinese Distilleries, in order to devise workers had its origin in an alleged tor's report, the Chairman moved the the Board.

some better method of control than that assault by a presser of oil on a mechanic adoption of the report and accountà in Mr. Ost seconded, and this was carri

ed unanimously. the following vernis

at present employed. The great difficulty who was introducing a new process of Gentlemen you have had the report of The CHAIRMAN then moved, and Mr Ray is that the crude methods employed de oil squeezing, a method which will ulti- your directors and the statements of ac-seconded, the issue of the hulance of not give any constant result; farge losses mately limit the usefulness of old pro- The Oil Pressers' counts before you for clear week. I the authorized capital of the Company of alcohol are incurred during distilla- cesses of oil pressing.

tion owing to the defective apparatus Union has considered that its sphere of therefore propose to follow the usual cus-The motion. which was carrig un- tom of taking thest as read and at once animuusly,

after incorporating employed, and such losses are very vari-influence has been interfered with, while Love that the report and statement an amendment moved by Mr. Stevens.able even in the same plant To in the Mechanics' Union is taking excep of accounts as presented he received, ap- seconded

this Ost: That

sist on adequate alterations might result tiun, claiming that no progress will be proved and adopted.

meeting do approve the issue of the in the closing down of all distilleries made in Chinese labour, unless old me It is alan customary, as I am informed, balance of our authorized capital in the here, which on the whole produce a thods may be overtaken by something for this is the first occasion upon which I form of 9.000 preferred ordinary shares liquor much superior to that imported new. have had the privilege of presiding at of 910 bach ranking equally with the pre- from Macne and China, which has been THE PIRATES OF POKLO. your meeting. that the Chairman should ferred ordinary shares already issued, recently of a very inferior quality, com-

Many inhabitants of the district of make his remarks quite brief. This ix due necount being taken of the period pounded with a large proportion of a practice in which I heartily concur as, that has elapseil of the current business silent spirit. Chinese spirit is sold at Peklo. East River in Kwangtung, along doubtless you do yourselves. After all year up to the time siberiptions are a such a low price that the legitimate which many interaccine battles have with what, as you will surely agree, is tually received in respect of the shares of profits of distillery are small, hencetaten place, are turcing pirates, ac satisfactory state of affairs as that the new issue, the cortitious of issue to they cannot well afford the structural cording to reports frequently published; which enables your Board to recommend he as the discretion of the Board of Dirce alterations Leeded, or the sew outfit and this is being attributed to the vo a 20 per cent dividend, they seems but tors.

of modern stills which would enable this settled conditions which have made peace- ful and orderly life impossible, A little to explain and nothing to exeuse. "Acknowledging a vote of thanks prdepartment to keep a proper check on heklung report of the 10th gape mer The progress of the Company in spite of posed by Mr. Butler and unanimously the production. Revision of the law all diffenities, is steady, as shown by the Earried. the Chairman closed the meet-

concerned with the taxation of Liquortion of more than ten new pirate bands of 150 to 1,000 each, all operating along earnings, year by year. In 1920 we hading with the information that dividend

has been approved and the work is now

the East Hivar. earned, in round figures, 10.500, in 19 cheques were ready and could be had on

in hand. $18,000, in 1924, 825,700 (excluding cer application to the office.

Detailed figures are as follows: tain profits on realisations), and now, $27,000. Out of these profits,

Duties on Euro- Kivea that you pass the resolution to-day

pean liquors... 438,936.77 helore you. we have in four years re "The business of the ordinary meetingDuties on Chinese turned to preferred shareholders, half being closed, the members present re

liquors... $10,325.10 their investiment.. and this inehules our solved themselves into an extraordinary Licensed ware... first lean year in which nothing was paid general meeting for the purpose of con-

*.850.00 This is a record I think you may be proud of. I hey you also not to forget sidering an alteration of the Articles of Licensed ware- house overtime that this has been done while at the Association under which the Board might

fees permit the sitting thereon of substitute same time fully safeguarding your Prur alternate Directors. perty by really drastic depreciation, in- The convening notice having been read

ܪ܂

1023.

-CALA,

Mr.

-EXTRAORDINARY GENERAL

יי;

MEETING.

hoage fees....

1923.

321.00

1929.

7,002.49

255.00

1925

FUTURE OF CHUNGSHAN. The future political organization of the $49,181.8al district of Chungshan, known as Heung- shan before it was renamed in hondar of -800,663.29" the late Dr. Sun Yat Sen, who was a native of the place, is far from being settled. The Central executive Committee of the Kuomintang in Canton recently decided that the administration of the district should be put into the hands of the District Committee of the Party so that $1,276,13267 $1,989,282.68 the political principles and platforms of eluding the wiping out of our books en-

the late Dr. Sun might be tried. On the Chairman, proposing the motion re-i tirely the item of goodwill. and building marked, in part, as follows: It appears

recommendation of the party committee- TOBACCO. up reserves which mount to nearly to me that the sanction for which your

men. Mr. Sun Fd, son of the late Kuomia- $10,000. And Anally, in this connection, Board is asking requires little to be said Tobacco Ordinance was 82,007,105.01

Tu net revenue collected under the tang chief, has been gazetted by the Can- we are again carrying forward undistribu

ten Civil Governor as the first Magistrate in support. It has been found that your ded profits amounting to over 13 per cent,

of Chungahan. Mr. Sun, however, is of our issued capital.

authority is necessary, hy amending the compared with $1,631,079.17 for 1923.

Smuggling of high grade cigarettes was declining the post and has recommended! The only query that I think might Articles, in order that your Board may put is as to the reason for increasing the be able to carry on your business in spite very prevalent in the first half of the the appointment of General Wu Te Chen, dividend as recommended this year. My of the exigencies of travelling imposed year, but the conviction of a large firm a former Heungshan magistrate and pre- lamented predecessor in the Chair ex

on its members from time to time. Mr. of tobucen dealers with two branches, I sent chief of police at Carton. The in- plained to you last year that no increase Noronha seconded. Certain amendments and the subsequent closing of their shops habitants of the district, while disgusted ra the dividend was then recommended were proposed by members present, and probably had a good effect. The licence with Bolshevism, the evils of which may up from motives of caution. Your Board finally one was proposed by Mr. Ost, of one Chinese cigar manufacturer was, be now seen in Canton City, hare ex-

"Mr. Ray seconding, which was adopted not renewed, because he had failed per pressed no formal objection to the med then certain anxieties as to the im-animously and which caused the main sistently to account for his stock propointment of Mr. Sun Fc as mediate fature which, I am happy to state, ne lunger exist--we hope very resolution, after incorporation thereof, to perly Considerable trouble was ex- Magistrate, bis followers having gone so perienced in compelling the small Chi- far as to have despatched messages of read follows: That there he added to shortly to be able to make a publüt an councement which will be eminently Article 15 (0) of the Articles of As a firms who manufactura cigars to greetings inviting his early return to hi satisfactory to you, bitt of which details Rociation of the Company the following carry on their business in such a man native district in order to assume

ner as to facilitate a check being kept post. present, be with

KWANGTUNG ARSENAL STRIKE. beld even from shareholders, pending

The Board of Directors shall have over their operations. the power from time to time to permit completion of certain negotiations now

Mr. Hsia Shing, chairman of Kwang- any Director who shall be absent from almost completed.

Tht gross revenue was $5,224,303.66 45 tang Arsenal Commission, has asked the the Colony for at least one month and for a maximum of twelve months at compared with 85,750,44138 in 1923 acting Generalissimo, Mr. Eu Han Min, During the last quarter there was for instructions regarding possible mesne any one time to delegate by Power of drop of about 25 per cent, in the sales of ending the present strike of the 3,000 Attorney under send his office of in all districts, in one district on the workers, who have been idle since May Director to any shareholder not being South of the Island the decrease was 5th waiting for the management to agree

Director but holding the qualification of a Director and such Attorney shall 30 per cent. This marked decrease to increases in their pay, ranging from 15 thereupon be enabled to serve on the coincides with the appearance of the to 70 per cent.

The workers appear to be well organiz Board of Directors in the stead of the bountiful new crop of Chinese opium on Director during his absence as afore the market, and the efforts of the Ma-ed for the struggle. It is suggested that cau Opium Farmer to increase his sales there are political motives behind the strike. The Kwangtung Arsenal was re- by a reduction in price.

The cost of the production of prepared sently taken charge of by a representative opium was considerably increased during of the Yunnanese mercenaries in Kwang- the year. The salaries of the staff tung. Previously it was directed by a rë. at the factory had to revised presentative of the Cantonese Army.

meet the general rise in wages

must.

for

the

clause:

This seems to be a suitable moment to Jusation the reason for the resolution that will be placed before you in a few áhiuutes, relating to the proposed in- teresse in our issued capital, and so save my inflicting on you a second peoch. I am, unfortunately, not able to take you fully into the confidence of your Board, since as to do so might well jeopardise à favourable conclusion to negotiations pro- creding, but I can tell you that we have mande plane'under which you will have 2

The motion, as amended, was carried large interest (in at least one ease the unanimously and the meeting closed. whole interest) in from five to six addi- tional theatres in the course of the next

two years some of these in the course

of the next few months. Now, Gentle- men, the carrying out of, plans such as

Baid.

CHINA'S BIRDS.

these, of the result of which your Beard EXPORT OF ALL NON-MIGRATORY

·BIRDS PROHIBITED.

to

GENERAL

".

in the Colony, while the cost of pote

and charcoal was greatly increased owing

TO DEVELOP TAL-SHA-TAO.

their

A

HOLEPROOF "

HOSIERY

We

have a Large. Stock of

Holeproof" Hosiery

IN

BROWN, GREY and SAND SHADES

$1.75 pair

Price

OB

6 Prs. for $10.00

This Sock a mixture of Silk and Cotton-

is the Ideal Sock for Summer Wear.

GENTLEMEN'S OUTFITTING

DEPARTMENT.

LANE, CRAWFORD, LTD.

PHONE C. 4567.

E. MERCH

Merck

Darmstadt

克默怡

Murch

CHEMICAL WORKS Established 1668.

"MERCKS" Products are second, to name for Parity and Reliabity Sol-Agents:--BORNEMANN & Co HOFGIONG, ANATIC BUILDING. [95

NEW ENGLISH RECORDS

(Violin)

ALBERT SAMMONS

D1509

'CHERRY" RIPE. "¡ARVA (Valse Mignonne),

With Piano.

WILLIAM MURDOCH

(Pianoforte)

JABABESQUE IN E.

the

D130G

MELODY IN F.

To develop Tai-Sha-Tio into an island.

to the general unrest in South China business and residential section like Sha has the liveliest expectations, requires

rendering the manufacture and trans meen, the Cantoo authorities are rensw. apital outlay, and it is to this end that the issue of the balance of our authorized The Chinese Government have made it pertation of the goods both difficult and ing their consideration for another foreign capital is proposed. If our plans mature rule that in future the export from expensive. Owing to excessive, demands loan for the purpose, according to ver- the old staff of boilers was discharged nacular press repórta. Tai-Sha-Tao, op natisfactorily we may have to come to China, both abroad and countwise, of all and a new staff was engaged, which after posite the present Canton Kowloon Ruil you for authority to acquire further capit non-migratory birds, such a pheasants,

east of Shameen, also somewhat separat later. I may say here that, should the sand-chickens, partridges, hazel-hens, and training and the elimination of thoan road, Chinese Section, main station, is motion presently to be put to you be pass black game in frozen condition and with unsuitable, has proved satisfactory.

The branch office at Taipe was closed ed from the city by a canal. “At present ed your Board propose to give existing full plumage, is totally prohibited all shareholders the privilege of taking up the year round. Migratory birds auch down, and arrangements made for the a Japanes bank is holding & mortgage of out new share for each two at present as wild ducks and geese, anipe, turkey agents in the New Territory, North, to $1,500,000, exclusive of interest, over the held by them. We hope that this will bustards, and quail it frozen condition direct from the Head Office, or through worth many millions more. Before the draw their supplies of opium either property. If properly, developed; it will be; moet with your approbation and that you may continue to be exported from two large retailers. The whole of the present political muddle in Canton, a will retain all the benefits offered in your Southern porte of China daring the own hands by fully subscribing for The shares to which you will be entitled. Period from October at to December 31st

الم

sale of opium is now in the hands of Shanghai Chinese syndicate was willing to agents who are paid a fixed monthly take part of the island at $50 a salary, and have no interest in push cheng, or 100 Chinese square feet, and One more word on this point: Your

ing the sale of opium, so long as they the doal would have brought in $2,160,000, Board will only be able to issue these ehares on the basis of half the subscrip Before Mr. E. W. Hamilton, at the satisfy the demands of the parchasers in or $600,000 more than sufficient to take up

the mortgage. tion being made this month and the other Kowloon Magistrney on Saturday, a their immediate vicinity. To some ex- was charged with tent in the outlying districte this has half before some date yet to be fixed, pro- Chine saleanan bably about the end of June. This pro- having rexisted a zearch at Mongkok mado a difference to the amounts sold, cedure is absolutely accessary on account Ferry Wharfon Friday A Chinese the tendency boing to understock, so of certain large payments we are com-detective gave evidence. The defendant, that when sold out for the day the mitted to make at early dates it our plans, who said he was actually searched by the agency, could be closed down and the

detective, was let off with a caution. (Continued at foot of next Column.) are to fructify.

salesmen go home.

Illicit opium of. fair quality can be obtained so easily everywhere that smokers would not be seriously incomoded if they found the Government agent sold out."

ANDERSON'S.

-Powell-

Telephone C. 4578,

"NESTA" & "BONSPIRAL

SPRING MATTRESSES

What is inside?

Hundreds of separate springs, each securely fastened making the mattress absolutely silent. Padded hair and wool with best quality tick and patent ventilation.

SIZES 3, 346',

wid

Sheer Luxury Sleep Producers

AND YET THE PRICE IS VERY MODERATE.