1930-10-15 — Page 11

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17

HONG KONG DAILY PRESS, WEDNESDAY, OCTOBER 15,' 1930.

CANADIAN MINING

SHARES.

JUDGMENT AGAINST OUTSIDE BROKER,

KOWLOON CHESS CLUB.

ANNUAL MEETING

YESTERDAY,

NEW OFFICERS ELECTED.

LADIES' HARBOUR RACE.

WON BY TEN-YEAR-OLD' GIRL.

NEW RECORD SET UP. Before Judge Shewall Cooper in the Mayor's and City of London' Court Inst month Mr. William

The annual Ladies' harbour Race A very successful year's activities | was held yesterday, under fine wen- Johnson, tailor, of Bancer-lane,were reviewed by Mr. G. F. Night-ther conditions, the course being Blackburn, brought against Mr. Alexander Clarenco Bowica, stockbroker, of Empire Houet,

Mertin's-le-Grand, claiming 160 damages for fraudul

Bt.

חת

action ingale, who presided at the annual held at the Central British School meeting of the Kowloon Chess Club yesterday. The Chairman said:—-İ ent misrepresentation.

congratulate the Chens Club on Mr. Fox-Andrews, for the plain-having passed through such tiff, swiel that the sum claimed was the price paid by Mr. Jackson for called

company

successful year, The Club is in à

better position to-day than it has ever been before, the membership has increased and great interest has been shown not only in the cham- pionship events but also in the

from the Police Pier, Kowloon, to

tion Club. the sen-wall by the Victoria Recrea-

Nino competitors, five Chinese and four Europeans, took the start and it could not bo seen who was load- ing till half-way when Miss Young Sau King, who was using the five yards from the second girl. "breast-stroke," was about twenty-

300 shares in a Heel Consolidated Mines, Limit eu. There were in the list to be heard by his Lordship eight other actions which Serjeant Sullivan, K.C., who appeared for the defend ant, agreed should follow the re- sult of the action, brought by Mfr.games played at the ordinary biings, finishing strongly, being about Johnson,

weekly meetings in the School Hall.

Canton Chess Club, the Kowloon Chess Club winuing all games. I should like to see interport matches arranged with, eny, Canton and Macao, and if possible with Manila and Shanghai, I congratulate the winners of the Championships-Mr. O, Hassan, the Colony Champion, Mr. C. M. Scquira, the Club Cham pion. Mr. A. Hassan and Mr. R. B. Jackson who won the two prizes presented to those who had never won a prize before.

China S.C.), who is only ten years Miss Poung Say King (South of age, and incidentally is the girl and South China swimming meeti champion of the recent Kwangtung

fifty yards in front of the second, Mias Chan Yuk Fai (Chinese

excellent time of 32 minutes 30 seconds which is a record. Last seconds set up by Miss M. George. year'a time" was 34 minutes.13.3-6

Misa Doris Hunt was twenty-five yards behind Miza Chan Yuk Fai. lowing order-Miss Yeung Sau The race was finished in the fol

King (32mins,

30.ccs., record,

Miss Chin Yuk Fai (3mins. 32 gen.); Misa M. George, Miss Un seca); Miss Doris Hunt (35mins. Pui Cheong: Miss E. Scull; and Miss P. Hunt. Misses Wong Sook in the early part of the race. Hing and Young Snu Chun gave up

It appeared, Jr. Fox-Andrews Inter-club matches have been play-Athletic S.C.). She returned the continued, that Mr. Bowles waned with local Clubs and with the also the proprietor and editor of a paper called the Financial Recor der. The plaintiff received a copy of the paper towards the end of 1927 and later he becanio a subscri- her. On about January, 11, 1928, he received a letter from the de fendant, dated January 10, which Lore at the head the statement that he was a stock and share broker, and purported to give the plain tiff & remarkably valuable chanen of investing in the Canadian min- ing industry. Mr. Bowles bought 200,000 Hecia Consolidaica Mlues, Limited, shares at 1s, each through the London office of the Prudential Trust Company, Limited, a com- pany with headquarters in Mon- treal. The plaintiff alleged that all the statements in the dofen- dant's circular letter were untruc to the knowledge of the defendant, and contonded that by virtue of the same letter the defendant had placed himself in the position of

atockbroker advising a prospec tive client. Consequently the aalo of shares, which were the property of the stockbroker, was invalid, and the plaintiff could rescind the contract.

Serjeant Sallivan here interpan ed that it was admitted that the

shares were the propery of the defondent. The defence was that throughout the defendant was principal to the knowledge of the plaintiff.

A

Continuing, Mr. Fox-Andrewa said that as a result of his activi tes the defendant had already taken £60,000 out the pockets of the British public. The

shares were, and always had been, worth- less.

The Club is fortunate to have as secretary Mr. C. E. Wong, and. as treasurer Mr.. 8.. G. Hayes, for their enthusiasm for thọ gams and the Club seems unbounded, and I know that it is the wish of you all that they will consent to continue in these offices for many years to

come!

Proposed by Mr. J. 8. Smith and seconded by Mr. D. E. Carvalho, the report and accounts were put to the meeting and carried un- animously.

The New Officers.

The following officors were elected to serve during, the present year:- ingnie.

President.-Mr. G F. Night-

Vice-President.Mr. J. S. Smith. Hon, Secretary. Mr. R. B, Jack.

on.

Hon, Treasurer-Mr. S. G. Hayes.

on behalf of the Club for his an tiring efforts in furthering matters had been mainly responsible, in his of the Club and remarked that he

capacity as hon, secretary for the past few years, in placing the Club in ita happy position to-day.

Mr. Charles G. Jenyns, assistant

Captain.-Q. M. Sequeira. meretary of the London Stock Ex- Committee.-Mesure. D. E. Car change, gave evidence that no apvalho, H. W. Randall and C. E. plication had been received for Wong. permission to deal in Hecla Con- The Chairman, thanked Mr. Wong solidated Mines, Limited, shares. lle had never heard of the shares. Berjeant Sullivan submitted ther the plaintiff had produced no evid ence to prove that the statements tande in the leter with regard to existing facts woro untrue, and any statoments with regard to the fu turn could not be a basis for a charge of fraud. As to the cantan- tion that the defendant acted in the capacity of broker the plain tiff the letter spoke for itself.

Judge Shewall Cooper held that the letter of January 10, 1928, was worded in such a manner that, notwithstanding the plaintiff's pre vious knowledge of charo transac tions, it misled him into believing that the advier was honest and that

Members commented favourably on the future prospects of the Club and the meeting terminated with a vote of thanks to Mr. Nightingale for taking the chair.

GAOL FOR SUNDAY BOWLING.

BOUND OVER.

the advice wie being given in the COUNCILLOR REFUSES TO BE Lope that Mr. Johnson would be. come a permanent client of the defondant.

state- Actually, the were falso and therefore inenta

fradulent. The latter indicated that he was selling the shares as a broker, whereas in fact they were his own. He gave judgmont for the amount claimed, with costs Judgment was also entered in the other actions against the defendant, by consent, and his Lordship or dered at the total of over £400 should be brought into Court with in 14 days.

Leave to appeal was granted.

EXCHANGE RATES.

(BRITISH WIRELESS SERVICE,)

Ruany, Oct. 13.

123.02) 4.85 23/32 34.84)

"

12 x 24 lbs. 319:00

11

77

Paris

The above Prices include Freight Paid to London Docks Only.

DRIED GINGER IN TINS !

PER PARCEL OF 8 × 1 lb. Tms $9.50. Including Postage to the United Kingdom.

Lane, Crawford, Ltd.

GROQERY......DEPT.

New York Brussels Geneva Amsterdam

Milan Borlin

25

12.05

02.79 50.14

Sockholm ... Copenhagen ......

•16.09

Oslo Vienna Prague...... Helsingfors Madrid Lisboa

Athens. Bucharest Ilio

18,16

16.10

34.40)

163)

103

42.46

106.23

De

375

817

19

Buenos Aires Montevideo.m 36

Shanghal....... 1/7 "Tour "Kong --~1/39/16

Yokohams

2/017/32 Silver, spot &" forward' 164

There was a remarkable climax to a prosecution at Manchester

City Police Court Isat month, when Councillor George Hall, a member the City Council, was summon- for contravening the by-laws by playing bowl in a park on Sun- days.

The magistrates bound him over to be of good behaviour for twelve months, and ordered him to find a surety of £25.

Councillor Hall I refuse to be bound over. No, I will not.

The magistrates' clerk: Then the alternative is one month's imprison- inent.

Councillor Hall Very woll, I will go down.

Councillor Hall was taken by tho police from the courtroom to the magistrates' clerk's offices

Friends, endeavoured to persuado him to agree to be bound over, and one said, "Do not be a fool, George," He replied to these en- treatios, "I am going down for a month."

He was escorted to the court colle by the police preparatory to being iakon to Strangeways Prison.

Councillor Hall had picaded not guilty, and in addressing the ma gistrates submitted that he had not broken any by laws. According to the laws the parki could not be

closed on Sundays.

"I am fighting for a principle." he said "If I am breaking the law I am doing so with the definite bject of cleaning this city on Ban maged dual beliass. I andreik

ing the law at all."

Council of. Hall" quoted jYLUM“ Acts of Parliament in support of This contention.

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11

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QUEEN'S YOUR FINAL OPPORTUNITIES

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the screen's first original

SIDE UP

all talking, singing,

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DAVID BUTLER

Janet

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Charles

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DON'T MISS THE GRAND

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at 9 p.m.

NOTE THE ATTRACTIONS:

Full Band of the 2nd Battalion Argyll and Sutherland Highlanders, Special Film: The Royal Navy Ashore and Afloat.'' Popular Local Artistes.

Tickets $2 and $1 at the Anderson Music Company,

Special Tickets for Service Men and Friends, including Tram Fare to and from

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Lato Gary to Peak available.