K
Shoes for Men
K
HIGH IGRADE WILLOW CALF SHOE-MEDIUM TOE. SEMI-BROGUE IN TWO SHADES OF TAN. The K Wea of comfort is a shoe that clasps the heel and fastsp mugly but leaves the toes free to move naturally as you walk. If your shoes do not give you this comfort try a plus-diting E which has extra but asseen toe room. For instance, a plus four fitting Kahoo ba normal heel and ankle with extra batconcealed room for the toes.
HONG KONG AGENTS
Mackintosh
MEN'S WEAR SPECIALISTS ALEXANDRA BUILDING.
&Co. Lid
DES VOEUX ROAD
RIGAUD, 16 RUE DE LA PAIX, PARIS, NEW STOCK OF FRENCH PERFUMES,
"Us An ExAUME”
嬰
站得稳坐不歪
個小婪
19%
JUST ARRIVED.
"UN AIR EMBAUMB'
Grand Model
AGENTS IN HONG KONG:
VICENTE ATIENZA & Co.
No.. 54, NATHAN Road, Kowloon,
TRL K. 155,--
When mother fails
張
-- Not every mother can feed her baby-so a food must be found
which will give the noyishment that baby needs. Mothers turn. naturally to Horlicks, which for
years has proved its value, Horlicks helps nature to build brain, and body-brun and muuda. like OUR BABY of the Song
THE ORIGINAL
In 4 sizes
of all Chemists & Stores
Representative --Hr E. M. HODGES, P.0. Box 3711, “Shanghai.
WHITEAWAYS
STANDARD VALUES IN "HALF HOSE
Stanswear
THE "STANSWEAR”
A nice Medium weight, quite soft to the fact, excellent in wash and wear. Toes and heels extra spliced. SEAMLESS Self colours, Grey, Palm Beach, Patty, Black or White, Bizes: 9 to ARTIFICIAL 11 inches.
SILK SOCK
Batra strong Knit-to-hit ankle
elastic
ribbed top
Double thickness
foe and heel
that does not wrinkle
ONE OF WHITEAWAYS STANDARD VALUES
THE “STANSWEAR," PURE SILK SOCKS With Litle Thread Feet, Toes and Hoel, A good weiring and relinkis. Bock. Black, White, Grey, Brown, ota. All Sizes £ HTANDARD
VALUE
PRICE:
$1.75 pair.
STANDARD
VALUE
PRICE:
$1.00
THE HONG KONG DAILY PRESS, WEDNESDAY, FEBRUARY 29th, 1928.
Stanswear
Extra strong elastic ribbed top
Double thickness
loe and heel
SILK SOCK Ravel stop here
Knit-10- ankle the does notr wrinkle
CHE OF WHITEAWAYS STANDARD VALLIS
MEN'S OUTFITTING_DEPT. WHITEAWAY, LAIDLAW & CO., LTD.
TONG FONG
CANTON DELTA TRADE.
MODERATE LAST YEAR BUT PROSPECTS GOOD.
ANNUAL-MEETING OF HONG KONG, CANTON "&
MACAO STEAMBOAT COMPANY.
RIGID ECONOMY STILL NECESSARY.
At the 108th ordinary meeting of shareholders” of the Hong Kong, Canton and Macao Steamboat Company, Ltd., held at the offices of the Company, 4a, Des Vœux Road, yesterday, at noon, The Chairman made an interesting review of Canton Delta trade and expressed the hope that the future, would prove much brighter than the past, now that Canton appears to be returning to more peaceful and settled conditions..
WAR AND A CIRCUS.
THE SIDE SHOW OF LIFE"
AT THE QUEEN'S.
CHARMING MISS CHEE TOY.
(BY OUR FILM CRITIC}
If imitation is the sincerest form of flattery, probably Chaplin feels flattered. But there is another nd- vertising slogan which does not appear to have penetrated to Holly wood, "Beware of worthless..iniita- tions."
Chaplin announced that he was going to make "The Creus," which we are to have the pleasure of could complete it a mushroom crop seeing next week; but before, he of cirens films has grown up. "John Gilbert played in two, Ronald Cole- man disguised himself as a clown and now Ernest Torrence has done the same. It does not seem tar have struck the directors of these gentlemen that a clown is born, not made, and that a painted face and pantaloons are not in themselves funny "Chaplin is going to be
In seconding the report and accounts, the Hon. Mr. J. Owen Hughes paid a tribute to the work of the Chairman and his co- directors during the past few years in the Company's interests. Mr. T. G. Weall (Chairman of Trade generally in the Cantor Directors) presided, and he was Delta during the year under review supported by it. Robert Ha Tung, can only be classed as moderate. Mr. J. M. Alves. Mr. R. K. Due to conditions existing in the Batchelor, Mr. C. Gordon S, Mack!: country, movement of cargo has and Mr. A. D. Stewart (Director), been generally restricted, while the with Mr. John Arnold (Secretary), passenger trade has likewise suffer. and the following shareholders::ed to some extent. Unfortunately. The Hon. Mr. J. Owen Hughes, owing to misunderstandings with Mr. D. M. Goodall, Mr. W. E. on the Seamen's Union in Canton ur Eps, Mr. L. E. S. Greenhill, M. steamers were picketed and passen- Cheng Ching Po and Mr. Lo Kai¦gers were prevented from embark- a clown, it must be a good idea" Hong.
ing or disembarking at our wharves they seem to have said. So Ronald THE CHAIRMAN'S SPEECH. in Canton for a period of seven smothers his famous frown and his Addressing the meeting, the weeks during the summer, which gleaming teeth in daubs of red and Chairman said:-Gentlemen,-The is reflected in the net carnings white, and Ernest follows suit. profit on working for the period the stemmers. I am pleased to say under
review including income that all misunderstandings were from investments, rents, Govern- overcome on August 8th. ment grant, profit on the sale of a
The Future.. lighter and moorings amounts to
It is impossible and even,dan 8317,832.50 from which has to be gerous to forecast what the future deducted cost of repairs, directors' has in store but the return to more aud auditors' fees, interest and peaceful conditions in Canton under depreciation on the usual scale leav. the present Government is reassur ing a net profit of "878,18245. We ing. An active campaign to sup carried forward from previous ac
It is a pity because a great deal press brigandage and piracy and of hard work has gone to the mak count a deficit of $46,985.33 andares to overcome the Banking of this picture, which holds Four Directors recommend that
Note problem in Canton should your attention despite its weak- transfers from Reserves should be
restore. general confidence and leadness. The story is typical of that
be Chaplin's Blm of anyone's.
The Side Show of Life" should has the pathos that he and only Charlie in a few others could make geal; but uniform would have cut as poor a Brigadier-General's figure as Torrence in pantaloons, unless Charlie is an even greater actor than we believe."
KAIPING COAL FOR ALL PURPOSES.
HOME. FACTORY AND BUNKERS
POWER
HOUSE,
TUGS &
LOCOS
THE KAILAN MINING ADMINISTRATION,
Head Office TIENTSIK.
DODWELL & CO., LTD.. Agents, Hong Kong.
CHATER WILL DISPUTE.
APPOINTMENT OF MANAG-
ING DIRECTOR.
QUESTION OF VALIDITY.
JUDGMENT RESERVED.
Sir H. C. Gollan: "Without a .:jngle clerk! ?—Yes, they are pre- pared to do business if necessaFY.
main intention of Mr.. Bagram in Mr. Potter admitted that: the
forming this company was certainly to qualify for the post of managing director of the Hong Kong Land Investment and Agency Co., Ltd., but pointed out that if a man has a, right to do a certain thing, the motive cannot be questioned. -
The appeal yesterday before the
Justice J. R. Wood) was concerned able of undertaking the post, and Gollan, Sir Peter Grain and Mr. that Mr. Bagram was perfectly cap- Full Court (consisting of Sir H. that Sir Paul Chater considered Farthermore, it was quite clear
with the validity of an appointment Sir Paul had shown his confidence ns Managing Director of the Hong by several times, appointing Mr. made under the will of the late Sir that the appointment was technical- Kong Land Investment and Agency Bagram his attorney during his life Company, Ltd., of Mr. Bagram, time. If their Lordships decided
ly correct, then the appointment was good, but if the company did matter into Court at a later date. not like it, they could bring the
Two Reasons Against the Appointment.
Paul Chater.
half of Mr. Bagram and Mr. H. G. Mr. Eldon Potter, K.C., on bo-
Sheldon on behalf of the Official Trustee of Bengal appealed against while Mr. W. E. L. Shenton and the a decision of Mr. Justice Wood,
Mr. Jenkin submitted that for
made to wipe off this deficit and to improved trading conditions in very popular writer, W. J. Locke, Hong Kong Land Investment and two reasons the appointment was. leave a small credit balance at the Delta Given these conditions and is more credible read by a $11,107.16 to carry forward to new
we can rely upon our up-to-date slowly dying fire than pictured on account. Accordingly, $100,000 has and popular steamers getting their the screen, and there can be no been taken from equalization of
full share of cargo and passengers excuse for the absurdity of the dividend fund and $80,000 from in-
from shippers and supporters. vestment fuctuation account, re- ducing these accounts to $80,000 and 8950,332.88 respectively.
sation,
Mortgage Ropaid.
Armistice announcement not reach- I cannot close without mentioning Devonshire till after dinner. ing the hard wirk and loyalty on Anna the part of our staff, both foreign heroine very prettily and Louise Q. Nilsson plays the and Chinese, afont and ashore, under conditions that have often been trying if not entailing, a5 clement of personal risk..
Jenkin.
of
Agency Company, the respondents, not effective, firstly, because it was were represented by Mr. C. G. not in accordance with the power Alabaster, K.C., and Mr. F. C. given by the clause in the Memo-
randam
Association; and, secondly, because the appointment was improper as it was not in the best interests of the Hong Kong Whether Land Investment and Agency Co.
were
According to the precise worde
The Three Points.
in his uponing - were:
The three points under con Bileration as stated by Mr, Potter
alternative
appointments
Lagrange the part of the French artiste with considerable verve and success, Torrence, the clown wh; whether Mr. Bagram was becomes a Brigadier-General, has a qualified; and whether in fact Mr. very difficult part to play. He is Bagram was duly appointed. Locke's heroes are, but he is, under sensitive and romantic as AllTM a certain spur, also a man of action. There is much that is good about "The Side Show of Life" but we must confess to disappointment.
A Charming Turn.
The value of investments show it reduction of $137,180 on account
of the memorandum the only power of the sale of certain securities to
conveyed to the appointor was that enable us to repay the mortgage
It is with regret that I have to c&s. Taishan and the sum trans. report the death of Captain. A.
of appointing the senior represen- ferred from investment fluctuation McKinnon, who was well known to
The Position Outlined.
tative of a company. account, namely 880,000 approxi
The position briefly is that Sir of tibs Sie Paul Chater was not As a result most of you, as one of the most
Paul Chater, by the Company's within his rights in appointing Sir mately represents profit on reali-popular captains on the Canton run
Memorandum, was allowed to ap- Robert Ho Tung by name, while The amount standing nt and who oily survived to enjoy à „credit of investment fluctuation aery short while in retirement after smiling dresscu in rose sink and firm carrying on business in, and representative of any firm in Hong point, as Managing Director of the à fortiori the appointment of Mr.). count still shows a reserve of fully completing 22 years' service in the seated before a simple back ground having an office in Hong Kong. Sir Kong at the time of the appointor's But Miss Chee Toy petite and Company, the senior member of a Bagram, who was not the senior 30 per cent, of your investments,
Company.
is charming. There is something which is ample considering the also record our appreciation of the her which hushed the house first appointing the senior representative
It is fitting here that I should fresh and altogether unusual about Paul had exercised this right by death, was invalid. services of our Cantos agents, storm of applause. She sings both
to silence and then stirred it to a of Messrs. E. D, Sassoon, failing
Nothing Attempted. Messrs, Deacon & Co., Ltd., under in Chinese and English in a small
It is clearly intended by the whom Sir Robert Ho Tung, failing memorandum that the managing theatre, and her presence on the programme would more than com pensate for a far worse film than
The Side Show of Life."
class of investments beld.
With regard to the transfer
of $100,000 frum equalization of the especially trying conditions of sweet voice that manages to fill the whom again Mr. J. T. Bagram. director should be some one in moro
1
dividend fund, you will, I feel sure, agree that it is better to appro-
the past year. priate a part of this reserve, thus be necessary and I, therefore, pro- No further comments appear to enabling us to start a new year with a credit balance rather than Pose that the accounts and report carry forward a deficit.
as presented bo "adopted. When this has been seconded I shall be
Your directors regret that onek
Each appointee had, of course, the or less a similar position to the power of renouncing in turn, and senior representative of Messrs. the two first have in fact renoun. Jardine, Matheson, the other per ced.
manent managing" director of the
fication, but though the company company.
Mr. Eagram had made some attempt at technical quali
Bubstitutional Appointment, Sir H. C. Gallan called "substity. Dealing with the question of what
again they are unable to recom.pleased to answer to the best of arduous work that has fallen onional" appointment, Mr. Potter had been incorporated well over a ment payment of a dividend, but my ability any questions share provided conditions continue as at holders may wish to ask. present, we can look forward to some return for account of the pre- sent year.
SECONDER'S SPEECH.
mart
Before passing from the accounts. Owen Hughes said-I have much In seconding, the Hon. Mr. J. I would mention that, following the pleasure in seconding that the re suggestions offered by a share-port and accounts as presented be halder at the last annual meeting, adopted. Shareholders the possibility of effecting econo- will be sure to appreciate the action mies in our office organisation was of the directors in transferring
generally fully considered and it was found lakh from equalization of dividend that only a few minor economies fund and realising a portion of our were possible without impairing assets in order to pay off efficiency.
It was also suggested that-a sav. dividend is available for distribu- gage. While we all regret that no ing of some $30,000 might be effecttion we cannot, in view of the dif ed by the appointment of a local ficult times we have gone through, shipping firm is general agents, expect a dividend or be surprised It has been felt that while the pre-I, at any rate, feel that your wise sent unsettled conditions of trade policy is justified. exist, the time was hardly oppor tune to explore this suggestion..
With the Government at present After 30 Years.
Your fleet and property have been maintained in first class order and,
frained from making metion of the Our Chairman has modestly re-
the past few years. They, have, himself and his co-Directors during know, had a great dent to do and have had many difficult and delicate shareholders owe a gratitude to problems to solve; and I think that you, Sir, and the Directors' for the manner in which these. negotiations holders. have been acttled on behalf of
for the appreciation expressed by The Chairmans returned thanks the Hon. Mr. J. Owen Hughes.
The report and accounts were un animously adopted.
On
OTHER BUSINESS. Goodall, seconded by Mr. Chen Ching Po, Messrs, T. G. Well and the proposition of Mr.
J. M. Alves were re-elected to the Board of Directors.
maintained that the Company clear-year it has not up to the present ly intended Sir Paal Chater to carried out any "business. have the same power of appoint In addition to carrying on busi. ment in his wilf as he had during ness it was essential that the.com. temporary absences during life.pany must have an office. The when undoubtedly he was able to company had a registered office,
in such appointments there were Stokes and Master he had not gåt Mr. Potter further pointed out that into this office of Messrs. Johnson, make substitutional appointments. but if Mr. Bagram were to walk
no lacunae which would allow the oven a chair to sit on. power of appointment to lapse to
was in fact good until renounced, Chater to act, in the best interents the Company, as each appointment
when it immediately passed to the of the company, but in this case, It was the duty of Sir Paul,
next appointee. The fact that Mr. without of course making any sort Bagram, at the time of the codici, of reflection upon Bir Paul, he had was not a senior member of a firm not done so. The Company pays carrying on business in Hong Kong very high percentage of profits to was of no importance, as he held ite mannging directora,150,00
him.
High Fees.
in power in Canton, I feel that we the Hon. Mr. A. O. Lang, Mr. R. The Chairman. announced that shall enjoy a year of continued. Austin, Mr. H. Staples Smith, progress towards the prosperity and Mr. J. J. Paterson had resign- which the steamers of this Comed their ecats-on-the-board-on while on this subject, I would like pany formerly enjoyed in Canton leaving the Colony. Mr. 3. that position at the time when Sir for the highest year on record. to mention Captain R. Innes, the and in the delta. We have, how-Paterson. Mr. M. T. Johnson, and Robert Ho Tung's renouncement though for the last two years it China Navigation Co.'s Marine ever, met with so many surprises Mr. E. K. Batchelor had been in made the appointment operative to was about $50,000 to each manag- Superintendent, who has neted as and disappointments that we should vited to join the Board and those Marine Superintendent for Company and is shortly retiring rigid economy both in the working tion.
our nevertheless continue a policy of appointments required confirma after 30 years service during which of the stamers and in the office. The appointments were confirm
ing director. The high percentngs Mr. Bagram's Qualifications was obviously given as an incentive his work and advice in this Com-We must be very pre that we are. pany's interest have been of great out of the wood before embarking Greenhill, seconded by Mr. Varitions
ed, on the proposition of Mr.
In order to fulfil the qualifica of their best, but in the case of to the managing directors to give value. "1
on any programme of building new Eps.
the Memorandum of Asso Mr. Bagram this inducement was With regard to the Macao trade, ships. the question of placing faster and
ciation of the Company, Mr. removed, for Sir Paul: Chater had It is very gratifying
Mr. Batchelor proposed, and Mr. Bagram had, on August 19th, 1920, directed that in this caso all dire“. to learn Lo mom up-to-date tonnage on this from the Directors report of the Messrs. Linstead and Davis and started the Hong Kong Finaneror's fees should pass to the ro run is constantly occupying your loyal support of the staff both afloat Mesars, Love, Bingham and Met and Investment Company, of which of such an appointment would in
Kai Hong seconded, that Directors attention but they feet and ashore and it is to be regretted thews be re-elected auditors at he was the senior member. This actual fact benefit the Chater cetato siduary estate. The carrying out. that the time is hardly opportune that no appropriations have been remuneration of $1,000 each: to embark upon a building pro. possible for the respectivo funds,"
firm," said Mr. Potter is a live at the cost of the company by about gramme.
(Continued on next' Oğluma).
Judgment was reserved,
The proposition was carried un-rm on the register here, and is 50,000 per annum. animously.
therefore carrying on business.
•
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Private notes are available after approval.