1930-12-16 — Page 10

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Sports News

THE ROYAL HONG KONG GOLF CLUB.

RECORD PROFIT ON THE WORKING OF THE

PAST TWELVE MONTHS.

NEW CLUBHOUSE "IN" HAPPY VALLEY TO BE READY EARLY IN THE NEW YEAR..

Presiding at the annual general meeting of the members of: the Royal Hong Kong Golf Club which was held in the board „" room of Messrs. Jardine, Matheson & Co., Inst evening, Mr. G: S. Archbutt, the Captain of the Club, in a lengthy address, re- view the working of the past twelve months.

The Chairman said that the results together with the auditors' report was certainly a record for many years and the members had good reason to be satisfied with the way in which the Club had been run when they saw that the net profit amounted to over $13,000.

The meeting went off very smoothly. Mr. A.B. Stewart was elected Captain for the ensuing year, while Mr. L. S.. Greenhill, who had put in so much hard work in connection with the lay-out of the new course, was elected a life member."

MR. GREENHILL MADE LIFE MEMBER.

CHAIRMAN'S SPEECH.

PROFIT OF $23,000. ON WORKING.

The CourseS..

This year has been one of con- siderable activity so far as the Club is concerned. which were sanctioned at the last The new 9 holes annual general meeting have been Addressing the meeting, the completed and opened for play Chairman said:-Gentlemen,The | many months earlier than had been' results before you in the auditors' anticipated. The cost hina, been report, constitute, I believe, a re-greaten than estimated and to date cord-certainly a record for a good amounts to 324,037.85 Thoro is a number of years.

further sum of 81,400 to be paid) plus the cost of laying on water to the greens and tees, possibly 29,000, tho work on, which has now been commonced.

"

The profit on working was $93,044.65, and the balance of the Profit and Loss Account which re presents our nett profit, after writ ing off depreciation, bad debts, etc., amounts to $13,145.54. This, I think you will all agree, is a very satisfactory showing.

Turning to the accounts, I pro- pose to draw attention to the chief diffurcaces. only,

We met with unexpected difficul ties from unsuspected springs which involved considerable expendituro on drainage Further wo found we required more land than at first give members the pleasure of being supposed, and finally in order to

abo to play on two full 18 hole comes with a 9 hole relief course as early as possible we did a large amount of turfing and pushed the work on as fast as possible.

HONG KONG DAILY PRESS, TUESDAY, DECEMBER 16, 1930.

time to time with debentures on I should also like to thank which to pay interest and money on fixed deposit have interest coupons atinched which cover up to 1932 only. We propose, therefore, to redeem them entirely after the six months' notice required.

Subscriptions.

The question of our subscription forms na important resolution which I shall move shortly and I should like to explain the necessity for iq briefly.

Morò Jam, Plädse! Messrs. Jardine Matheson & Co.,

MO. Eager said to had a small on behalf of the club, for kindly point-to raise and that was he wish- allowing us the use of their Boarded the chairman would point out foam for this meeting.

to the incoming committee that they had a strawberry jam for ten out at Fanling. It was only very small point, but till he (Mr. Enger) hoped it would be looked

Mr. Archbutt, then proposed the adaption of the report and ac conut. This was seconded by Mr AB. Stewart and was carried unanimously,

into.

Members Subscriptions.

31r Archiuté-sald-that-thoy and a lot of jam in stock but perhaps Continuing, Mr., Archbutt said not Dr. Enger's particular kind. that notice had been given for mem-He promised that the matter will be Imre to consider, and if they gone into. through fit, to pass the following resolution.

It has hitherto been customary to spprove the 87 subscription for full monbership and the other sub

riptions crory two years. To "From and after December 31, avoid this procedure we propose to 100, the subscription of a play ask you to pase the resolution fixing ing member who uses all the Club the subscription is set out." This courses and Club houses shall be does not doprivé members of the 87, a month. The Subscription of a right to nak for a reduction or re-playing nember who does not uso, vision at any time but it does anve the courses or stay at the Club the necessity of passing resolutions, houses at Fanling shall be 85 a on the subject every two yeats month. Provided that if a member In this connection I would fiks Paying the latter subscription de

sires from time to time to use the to remind you of the benefits recourse, or stay at their Club house, ceived from your subscriptions. We he shall pay a green feo of 81 par beljovo our members get extra day." ordinarily good value for their

·money,

Mr. Gronhill Honoured.

Mr. E. A. Davidson in seconding the resolution said that by thought it was agreed by överybody that but for Mr. Greenhill the new course would not have been ready now. H. U. Ireland seconded that Messrs. Mr. Arohbutt proposed and Mr.

The “bommittée. The following were elected to orvo on is general commitbeo:---- Messrs. G. 8. Archbutt, A, O. Franks, HU Ireland, D. Brawn, L. G. 8. Dodwell, J. W. Lambert, N. C. Smith, T. 8. Wkyto..... Percy Smith and Fleming be ap-Smith and F. J. Remo pointed auditors at a fee of $1,200 per annum. This was carried-un- animonsly.

On, the proposal of Mr. A, H. Ferguson, the meeting then closed with a hearty vote of thanks to the chairiñan and the outgoing commit- tee for the work they had put in during the past twelve months.

Election of Oncers. Mr. Arohbutt, then informed the meeting that the next business be fore them was the election of ofi- cera. He said -

I have much pleasure in propos

GOLF.

KOWLOON GOLF CLUB CHAMPIONSHIP,

In the semi-final of the Kowloom Golf Club Championship D. O Wilson lost to J. D. Thompson at the nineteenth-hole. We announded it "wrong way round,” in our issue of yesterday, so Mr. Wilson

LOCAL RUGGER.

J

The chairman then said he had ^ä very pleasant duty to perforni which is to propose that Mr. L. S. Greenhill be made a life member of the Club. I should like to say at the outset that we had not copied this iden from the Cricket Club as it had already been suggested longing Mr. A. B. Stewart as captain | informs us. before the committee knew that such for the ensuing year. Mr. Stewart an honour was to la conferred on is well-known to you, both personal-

ly and in connection, with his golf-- him by them.

Mr. Greenhill has done an en. |ing, prawers. ormous amount if work for the Club The captaincy of this club re in connection with the courses, par- quires a knowledge of golf, and,CLUB TEAM FOR TOMORROW. ticularly in connection with the above all, love and onthusiasm for They had an amendment to put general layout of the now course, the Club. It is also very desirable forward, and it was hoped that the all of which work has been done that he should be a man of business

The following will represent the The price of meala. remain the amendment would be adopted. most conscientiously and carefully, experience and ability, and central-Club "A". United Services "A" same as before-except for dinner, However, he had to propose the and I imagine that there is no bholy situated where he can easily be to-morrow at 4.45 p.m. on the Club which, as I have already mention original resolution first, and Mr.in the Club inore capable of looking found in usual office hours. ground- ed, is now 82 instead of $1.50C. Bulmer Johnson seconded this after our courses than Mr. Green In Mr. Stewart you have all these Back: S. J. H. Fox; Thio- the quality of our meals has; if any after which Mr. E. Davidson said hill. This has demanded a great qualifications happily blended. In quarters: G. E. Holmes, I. H. M. thing, improved.

that as he was responsible for the deal of effort and time.

́addition to which Mr. Stewart has Mecredy, G. P. Lainmert, O. J. D. “Mr. Greenhill has served ag à served the club on the committee Law; Halves: M. W. Turner, J. wording of the original resolution, it fell on him to propose the amendmember of the committee for many and in the position of captain once H. King; Forwards: E. F. But ent, which was as follows:- years and has also been captain of before, and, consequently, has an trees, W. Hardley, W. F. Leckie, From and after December 31, the club and although he always intimate knowledge of its affairs, J. A. E. Kondrew, Y. Cochrane, 1930, the subscription of a playing scoms to have a sort of a grouse which, I can assure you, is most Atkinson, W. E. Poore, A ́N member who uses the course, and yet I have never known him to have, necessary.

Other. It is with regret that we have to clubhouse at Fanling shall be 87 a done anything half-heartedly which

month. The subscription of a play members:-Messrs, C. P. Anderson, record the death of the followingg member who does not us the A. Forbes, Sir Henry Gampertz, course or stay at the clubhouses at Stewart, Mesars. J. H. Ramsey, and the latter subscription desires from Colonel J. S. Bostock, Sir Gershom Fanling shall be 85 per month Provided that if a member paying G. M. Shaw.

time to time to use the said courses or stay at either Clubhouse he shall pay a green fee of $1 per day."

This was seconded by Mr. K. 8. Morrison and when put to the vote was carried unanimously

I say you have good reason for eongratulation that n day's golf at Fanling and a moderate amount of refreshment is not costly.

Obituary.

Sinco September 30, we also have to record with regret the death of two other members, Messrs. J. F. Pilcher and J. G. Whiley.

His Excellency's Interest. We should also record the fact that the new 18 hole course was formally opened by His Excellenéy the Governor on November 2, and we are grateful to His Excellency. for the very kindly interest evinced by his action in honouring us in this way:

ין

We also have to thank Mr. Felix

Ellis who has kindly given us a cup to be competed for on the now coarse and open to members whose handicaps are 18. We are grateful to Mr. Ellin for his very kind gift.

Before concluding, I should like The result, I think, fully justifies to mention the question, of caddies our efforts. The new holes provide at Fanling.

...

a diversity of play and opon up some beautiful scenery, and I be

Boys.

This is a subject, which com-

Maintenance at Happy Valley shows a decrease of over 82,000 as compared with the firevious year, bat, in the previous year, there was the cost of the matshed which was considerably over $1,500.

Fanling shows an increase of just aver 82,000 mainly due to extra linen and crockery, taken into use,

Upkeen of courses shows an in- crease all round. More money has been spent on all the courses. A Happy Valley, for example, in re-

We have purchased moro land is during the paddy harvest, liable ninking the tees. Deep Water Bay, now too mats and extra fertilizer, than we are at present using, i.c., to a shortage, particularly of the work on the stream bed and new the Island if I may so describe it bigger boys. This is a position ateheds on the tees. At Fanlinground which the 1st, 3rd and Inst which we cannot dent with 'ae, had to renew a considerable two of the new holes are laid out.although boys themselves might be amount of water pipes na the old land within the outer boundaries

This means that the whole of the willing to carry on as caddies, their course which cost over 83,084.

Printing and stationery shows a

of our courses is now Golf Club pro- Affinidorable, increase.

porty,

lieve in a few years' time the fair:mitteed for a number of years have ways, will be as good as those of endeavoured to deal with, but with the older 18 holes and eventually varying success. We find ourselves bo the best we have.

at certain times of the year, that

So far as receipts are concern-

parents require them to work in the fields and have even been known to come to the Club to fetch back such boys as have played truarit.

possible in any way to control the activities of the boys in question.

The next important item is the cd, subscriptions are up by nearly Happy Valley Club House. This

Complaints have been received in $5,000, Locker rent and lodging is progrossing rapidly and would be rospect of a number of small boya dovonnt, Fanling, both show wel-practically completed but for awho lie in wait for balls which are come increases.

delay which was out of our, or our played into the rough. In order to Fanling shows an increased turn-architecta control. I am glad to try to deal with the situation, we over but a drop in proft, the per- say all obstacles have been over-have now got a "caddy-policeman." centage dropped from 50 per cent.come and early in the New Year He is an ex-caddy and we proposĎ to 40 per cent. This is owing to we shall have a club house which to try him out to see whether it is the increased cost of food,

should provide convenient and With regard to wines and cigars, ample accommodation. It was out our charges have not been raised of the question to continue under, as much as the buying prices have any circumstances with a matshed fallen. The percentage of profit is club house as I know you will good. Happy Valley shows a fall agree it is both dangerous and ex- of instances without any marked of from 75 per cent, to 68 per cent.pensive to say nothing, from a point success: owing, in some measure, Deep Water Bav shows a slight in- of view of comfort. crease. Fanling shows a 'drop of from 60 per cent. to 5t per cent, Our profit at Fanling is lower on account of transport and cost of ioo.

Clubs, balik and sundrica show in creased trading and a satisfactory profit.

The cost I believe will be some- where closely approximating the aum voted, nifhbly, #30,060 in all.

Accommodation.

This brings me to the question of club house accommodation at Fanling.

caddie question in general have Many methods of dealing with the' been tried, but in the majority

to the lack of co-operation' by meth- bers. If any member has a coh

erete scheme which might be of benefit generally, your Committee would welcome such a scheme if it could bo put forward in writing for their consideration."

I must express my very sincere Turning to the profit and loss Without wishing to take up your thanks to the outgoing committee account, I think you will, all agree tiine with a statement of the pros for their co-operation and pasist that the bad and doubtful debts and cons of a new din club house, ante, dapecially to the conveidrs' of account shows a fethurkable posior of a Diomid Huuse-and alters the various sub-comthittees for their tion. We had to write off only tions to the new main club house, hard work and loyal support. I $20.45 during the year.

I would like to suggest that the in- must make special mention-hero of coming committee give the general the work of Mr. Greenhill, my, position their consideration

fellow members of the committee We really rèquilo more accommo-will with me to do so.

Balance. Sheet.

Tarning now to the balance sheet.

..$23,810:25 9,240.04

$33,080.0

while our liquid assets are:-.

Stacks Accounts receivable. Cash

|bers that the position" of secretary to a club with the membership of our magnitude, with courses aprend over a wide area and with a con- siderable financial responsibility is no easy one.

Perhaps members would try to bear thad position a little more pro minently in mind when they feel in- elinci to criticise.

I should like to draw particulardation, the courses justify some I should also like to express my attention to the position of the thing better than we have, there is thanks to the secretary for his liquid aseets and liabilities Ourib question as to the popularity of work, be is never to busy to lend fiabilities to the public are a Fanling or of the great pleasure ita helping hand to the harassed cap. followe:-

gives to such a large number of tain. I should like to remind' mem, Debentures and accrued

poople. interest.

This question is one which might sundry créditurä"

wel bo considered certainly a little later on in the season when the general situation"la a little clearer.

The financial position of the Club is bealthy. 820,841.03

On September 30, 1030, the posi- 11.317.03 tibi wao, as I gave you the figures 3,175.75 before an excess of assets over liabilities of 86,254-a total improve; 841,333.73 ment of 833,438 after practically Milan paying főt our new course, which shows a surplus of liquid We are, of course, committed for nssets over liabilities of 88,255:44. the Happy Valley club house and The position on September 30, arrangements for whatever financing JOGOKKAS AN EXCeas of assets over is necessary, have been made.

Chirou propose repay que deben liabilities of 34,003.60, so that there is actually a librovenient in the toros entirels and rack ink.tly a year in tho nbaition of our liquid sent on an overdraft on current ac assets of $3,550.64. This is in spite count. This is for two reasons, of payments made in respect of the first, it is cheaper-wo pay only new course and also the renewal for actual needs with a debenture of water pipes on the old course, and I think you will agree with me a position on which the Club is to be congratulated

issue you are committed to pay in terest on the whole amount issued whether you need the money or not and we have found ourselves from

I must also mention the good work of Mr. and Mrs. Kerr. "Mr. Kerr particularly in pushing forward the work on our courses in spito of adverse weather, and, Mrs. Kerr in taking care of the inner man and cas garden Thry.catering Hou wildleg Agree is a szant coedit, to

Mra. Kerr's hard work, und. I can' tell you it is hard work. Her day of rest (ie., Sunday) in the hardest day's work she has. All week-ends are busy ones but we are apt to pass them over without a thought' of those who do so much work for our comforts.

he has set out to do.

"I have very much pleasure, en tlemen, in proposing that Mr. Greenhill be made a life member of the Club.

I have much pleasure, gentlemen, in proposing Mr. A. B. Stowarb as captain of the club for the ensuing year: Seconded by Mr. S. Green hill-carried unanimously.

The Deputy Attorney General of New York states that at least 10,000

investors in America and Canada Mr. Stewart said he wanted to are likely to be hit by losses result- "I should like to add that under thank the meeting for the honouring from the activities of a pro- our Articles of Association we are they had done him. He had held moter of many financial enterprises only permitted to have six life mem- the position before and while he who is wnated by the police on bers. Wo had five life members but realised it was no sinecure, he felt charges of fraud amounting to one membership Was rendered me he would receive all the sup some 80,006,000 (£1,200,000). "This veant by the death of Mr. T Sport and co-operation of all the financier is missing, and it is be Forrest.

members.

lieved that, hé ħna fled to, Bolivia,

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