1928-04-24 — Page 4

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CHINA LIGHT & POWER

COMPANY.

SHANGHAI DEATH SEN- : | THE TEN MILIJON DOLLAR

TENCE TO STAND.

$600,000 MORE CAPITAL TO BE AN APPEAL TO THE NANKING

RAISED.

IMPORTANT DEVELOPMENTS

PROPOSED.

GOVERNMENT.

JUDGE'S SHARP CHALLENGE

TO COUNSEL.

Mr.. R. G. Shewan took the chair,

SHANGHAI, April goth. at an extraordinary general meeting of the China Light and Power Co. two men were charged with the The re-bearing of a case in which yesterday, in the course of which it murder of a woman on March 17th, was decided to obtain further capital of last year, at 1330, Pingliang for the Company by the issue of Road, and which was ordered by 120,000 new shares at 85 paid up.

the Nanking Government, to be Supporting the Chairman, were retried, was heard before the Ap Messrs. H. P. White and Lee Hysan, pellate Division of the Provisional and the following shareholders were Court, Judges Ziar (presiding), present: Messrs. A. L. Shields, A. Chia, and Tsang, Keith, Tse Taan Tai, A. A. Botelho,

Accused were arrested by C.D.C. F. J. Tavares, I, W. Shewan, J107 on May 27th, last year, after Toppin, J. Coulthart, John Dick, W. G. Lawson and Noel Eraga (Secretary),

Chairman's Speech.

The Chairman's speech waS

follows:-

45

having abot the wife of a staff inspector of the tramways. Parn- phlets of an anti-foreign nature were. Ware found in their houses.

The Court of First Instance

sentenced the second accused to life imprisonment, but acquitted the hrat accused. The second accused Gentlemen,-The object of the re-appealed against his sentence and, solution to be passed to day is to on November 9th, the Court of obtain further capital for the Com Appeal act aside this verdict and pany to the extent of $600,000 by sentenced accused to death." the issue of 120,000 new shares at $5 paid up.

meet

On March 21st, the Nanking Gov

ernment ordered 'a re-trial on the

ground that the evidence of identi. fication given by two children could not be admitted.

During the evidence before the

Appeal Court, it transpired that Counsel for the defence, Mr. T."H. wang, had scat a petition to the Nanking Government asking for a retrial.

This money will be utilised in the first instance in liquidating our overdraft with our bankers and for the purchase and reclamation of ad- ditional land adjoining the site of the power station, and secondly to beary capital expenditure principally on new batations Kowloon Tong, Mong Kok and Taim Sha Tsui. And we anticipate hav- Judge Ziar to Mr. Hwang: The ing later on to provide for the accused was properly sentenced by supply of electricity in the New the Court. Tell me, by what right Territories- matter which is now did you send this petition to Nan receiving the consideration of the ag? Are you a relative or friend Government,

of the accused ?

Counsel said that he had sent the Dates of payment and other parti-petition at the request of the as- culars will be stated in the notices cused. offering you these new shares, but The Court ordered that the sen- I may add it is the present inter-tence of death should stand. tion of the Directors that those shareholders who are unable to pay

the final call of 34 per share on

7

due date will be given up to 30th THE CHURCH OF CHRIST June, 1929, on payment of interest

at the rate of nine per cent per annum on the overdia calls.

But

IN CHINA...

FUNDS.

it will be to the interest of share CONCERT IN AID OF CHURCH holders to pay the balance of $4 per share on due date to secure thereon the current dividend in res pect thereo!

Text of Resolutions Adopted.

To sid of their funds, members of the Hop Yat Tong in Bonham Road organized & successful concert last

The Chairman then proposed: week-end. Despits the threatening

That the authorised capital of the Company (which is now $3,000,000 consisting of 600,000 shares of the nominal value of 85

|

weather, the ball was crowded, and the Committee's thanks are due to the many who so kindly rendered their assistance.

Particular mention should be

DRIVE."

PEKING AMERICANS OPPOSED TO NEW YORK RELIEF SCHEME.

INHERENT OBJECTIONS TO PROJECT.

PERING, April 19th. American opinien here, not alfed with mission interests, strongly opposes the proposed campaign in Amenca to raise G.810,000,000 for road building and under the guise of famine relief, writes, Mr. Rodasy Gilbert, in the

.. Daily News.

Conservancy

The promoters of this scheme in New York are giving the impres sion that it is endorsed official.y and by the China Famine Committee, which formerly handled Americad

relief funds here. Both there state-

meats are untrue. The Committee with some hesitation endorsed the plan to raise a million for the Shan- tung rehef fund, but it has not passed on, and ii pot likely to en dorse the present scheme, while Legation approval has not been elicited..

The suggestion that Mir. Thomas Laipont will act as secretary of the "drive" organisation in New York is also not believed here, since he has made no inquiries from local correspondents.

Responsible Americans deplore the scheme, partly because they doubt the practical value to China and moral value fo Ameries of the proposed work at this juncture, but chiefly because in order to succeed, the appeal to the American' public} must be made for relief of a famine, which, according to the written definition of the China Famine Committee does not exist. Influential Americans here do not desire to be parties to obtaining sa ermos um from the American people through misrepresentation of conditions in China.

It' in generally believed that the Mission Societies hope that the vast expenditure of American money in China, with which the missionaries will inevitably be associated, will purchase more tolerant Chinese

each the whole of which have made of the items by Miss Viclet. attitude towards mission work, been issued) be increased to Capell and her numerous pupils, while other prominent promoters in 83,600,000 by the creation of whose. exhibition of Classicni both America and China are the 190,000 additional shares of the Daices was received with great profesional dispensers of tene nominal value of $5 each ranking applause. A piano solo by Miss (subjeet as hereinafter mentioned) Florence Wong, and Jazz music by volence, for whom the collection as from date of slotment for the Chinese Orchestral Group who and expenditure of money will pro- dividend and in all other respects recently returned after an Austra vide jobs. peri pane with the shares con lian tour, were also greatly appre stituting the Company's present ciated. issued capital."

The resolution was seconded by Mr. A. Keith, and adopted.

The Chairman then proposed a resolution as follows

That the said 120,000 shares be offered" forthwith in the first instance the proportion of one new share for every complete

The musical programme was fol. lowed after a short interval by a Chinese version of Ibsen's "Doll's House."

THE MIKADO'S GARDEN

PARTY.

number of five existing shares AMERICAN WOMEN FRANTIC

members of the Company who on

held by them respectively) to the

FOR INVITATIONS.

the zard April, 1928, are register

"

Toxyo, April 16th.

Convinced that foreign charity should not be strained because real need may arise any rear, promin ent Americanes hope their govern- meat will be advised to discredit: the present scheme: "

JAPANESE AMBASSADOR TO LONDON.

RETURNING TO JAPAN.

TION.

There must be

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Here you have the always-welcome combination of fere-trot and a walts on the same record. Snappy vocal refrains tell you what they're all about. The musia Itself has that smoothness, spiced with tricky rhythmus, that has made these two dhan organizations because national favorites. There am four other very inter- esting records on this week's release. Come in and haar them all-scont

There Must Be a Silver Lining (That's Shining For Me)

Fox Trot With Vocal Refrain WARING'S PENNSYLVANĀMIE My Stormy Weather Pal-Walts With Vocal Refrain

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OFFICER WHO COULD NOT LIVE ON HIS PAY.

THE THEFT OF B.A.T., PRODUCE.

TWELVE CHARGES OF FRAUD CAUSES UNEASINESS AMONG

AT A COURT-MARTIAL.

HANKOW MERCHANTS,

Lieut.Thomas, Arnold Hugh

ed in the Company's share re Scores of foreign tourists, includ gister as the holders of the saiding a number of American society 600,000 shares at per and so that women, are making frantic last- REASONS FOR HIS RESIGNA- on acceptance of the offer the minute efforts to-day to obtain in- nominal amount of 6 due in res- vitations to the Imperial Cherry peet of such 120,000 shares whall Blossom Garden party which will be payable as to the sum of 81 be held in Shinjuku Imperial part thereof on the lat May, 1928, Gardens here to-morrow afternoon. Loaden, and Baroness Matsui and The Japanese 'Ambassador to and as to the balance thereof, The number of invitations this, ics, on the 1st June, 1928. year was limited and those allotted their daughter left England early And further that until such to foreign embassies and legations in April on their return to Japan. time as the said 180,000 shares long ago exhausted. Tourists who After a day or two in Paris, the shall be fully paid they shall appealed directly to the Imperial vis-à-vis the said 800,000 shares Household Department, it was un- Ambasador embarked at Mar- only rank for dividend in propor- derstood, met with polite refusal, seilles on the Japanese liner Haru tion to the ratio borne by the being told that the invitation list Mars. M. Saburi, Counciller of amount paid up thereon in respect had been closed. of the nominal value thereof to

will The Emperor and Empress urual the Japanese Embassy,

HANXOW, April 18th." the Fall nominal value (#5) there-ly appear at the party in person act a Chargé d'Affaires pending Chadwick, 2nd Norfolk Regiment, There is a good deal of appre- and may be presmit this year, al- the appointment of a successor to before an Aldersbet "court-martiai, hension in Chinese business circles And that such offer be made thongh His Majesty has not been in Baron Mateui. by notice specifying the number robust health for some weeks since In conversation with Bester, pleaded guilty to each of 12 separ- to what will happen if the of shares to which the member in the death of his younger daughter, representative the Ambassador said ate charges of fraud preferred B.A.T. does not get redrese for its entitled and limiting & time with the Princess Hiza. in which the offer if not accepted

that he was vacating his post bere against him. He refused to with recent losses through the seizure of by the member on behalf of him- guests being admitted only on pre had two sons being educated in vized that such & proceeding left the opinion that if this sort of The party will start about 2p.m. entirely for private reasons He draw that ples when he was adobacco leaf at Hauchow, A lead- self or his hominee will be deem-sentation of the Imperial invita Japan and he felt that it was his

ng merchant yesterday expressed ed to be declined and that the tion to guards at the main gate of duty to be with them at this the court no alternative but con thing can be done with impunity to Directors be at liberty to fix such the garden. Tea and cakes will be period. His Excellency said, “ I ¦ viction.. time and to extend such time to served and the afternoon spent in have had a wonderful time bere

produce bought by foreigners, therio such date or dates and upon such listening to music and viewing the and my mission in England has converting money to his own use confidence among Chinese dealers.

The charges were of fraudulently Little hope of a restoration of terms as they may think fit. And famed Japanese cherry blossoms. been one further that any of the said 120,000 About 2,000 guests in all have periences of my life. My wife and Horse Fund and from the head-

of the happiest ex from the battalion Poto Pony and Honan Cattle Shortage, shares which shall not be taken been invited.Manila Times. 1, he added, have been quite at quarters Sports Club, to his own orders issued in Honan forbidding Asked what he thought of tho by the Company's shareholders

home and have made many friends.use, and aleo of fraudulently enter the sale or slaughter of cattle, this in manner aforesaid be disposed

We are familiar with the country on the Tet June, 1928, at the end and know full well the sentiments 10g payment in his cash book in same merchant, expressed hearty of the first paragraph, and the of your people for. Japan. connection with the sums so con- approval of the orders. He pointed insertion in the place thereaf of Relations between our two wun-verted, to reconcile the accounts out that for some time past the the words in full or by such in-tries are excellent and I should beyond his pay he had no allowance cattle

Lieut. Chadwick pleaded that. Honanese have been killing stalmenta End on such dates as imagine no better condition pos- and that on one ocetion, when he as they felt that the risk of at an abnormal rate the Directors shall in their absosible than the state of feeling was hard up, he borrowed £5 from the lute discretion decide

existing between them. My official the Polo Pony Fund. He horrowed by soldiers or bandits. was great,

cattle being carried off - This amendment having been relations have throughout be other sume later and honestly in- The meat has therefore been sold by Mr. H. P. White and seconded adopted, the Chairman proposed very intimate and I am entirely tended to pay them back but could at very low rates and the skins and by Mr. Tse Taan Tai as follows:--- || that - no shareholders shall be satisfied with the reception I have

"That resolution No. 2 be entitled to any offer of a fraction had at the hands of the Govern- not do so at the time. Since that amended by the dolation of the of an additional share in respect ment and the nation as a whole, however, he had refunded every words as to the sum of $1 part of any odd share held by such share There have been no differences to penny. That statement was admit thereof on the 1st May, 1928, and holders."

discuss and no disputes to ittle ted by the prosecution

The pay of a lieutenant is from as to the balance thereof, ... $4,This was seconded Mr. AA and 1 leave with the utmost

regret

108, to 10s, a day.] (Continued at foot of nezt column.; Botelho and adopted.

of in Buch manner at such time

or times and upon such terms as the Company's Directors shall in their absolute discretion think fit."

This was seconded by Mr. J. Coulthart qad carried.

An amendment was then moved

bones prepared for sale. Things

a

have got to the pace when there i

shortage of cattle for farm Work and for breeding. purposer, and the recent orders are necessary if the right equilibrium is to be restored.

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