1930-12-17 — Page 13

NEW

ADVERTISEMENTS

THE COMPANIES ORDINANCES 1911,

STATEMENT IN LIEU OF PROSPECTUS.

FILED BY

THE SOUTH CHINA MOTOR-SHIPBUILDING & REPAIRING WORKS, LIMITED. (Pursuant to Sections 34 and 122 of the Companies Ordinances 1911)

Paesented for PILING BY TS'O & HODGSON,

Solicitors for the Company,

THE COMPANIES ORDINANCES 1911,

THE SOUTH CHINA MOTOR-SHIPBUILDING & REPAIRING WORKS, LIMITED.

STATEMENT IN LIEU OF PROSPECTUS.

This nominal share capital of the Company $2,000,000,00 Divided into

200,000 shares of $10.00 each, Names, descriptions and addresses of Directors or proposed Directors Mr. P. M. HODGSON, Solicitor, Messrs. Ta'o & Hodgson (Chairman),

Pedder Building.

Mr. H. H. H. PRIESTLEY, Director, E. D. Sassoon Banking Co., Ltd.,

French Building.

Mr. J. M. NORONHA, Secretary, Credit Foncier d'Extreme Orient,

French Building,

Mr. SUM PAK MING, Compradore, the Yokohama Specio Bank, Ltd.,

the Java China Japan Lijn,

280, Des Voeux Road, Central.

37

Mr. KO LEONG HOE, Managing Director, He Hobg Bank, Ltd.,

Ho Thong Co., Ltd 13, Queca's Road, Central.

Mr. TANG SHIU KIN, Principal," Tin Fak Bank,

171, Queen's Road, Central:"

Minimum subscription (if any) fixed by the

Memorandum and Articles of Association on which the Company may proceed to allotment. Number and amount of shares and debentures agreed to be issued as fully or partly paid up otherwise than in cash.

The consideration for the intended issue of these

shares and debentures. Names and addresses of vendors of property

purchased or acquired or proposed to be pur chased or acquired by the Company, Amount (in cash, shares or debentures payable

to each separate vendor),

Amount (if any) paid or payable (in cash, or shares or debentures) for any such property, specify- ing amount (if any) paid or payable for good- will.

Amount (if any) paid or payable as commission for subscribing or agreeing to subscribe or procuring or agreeing to procure subscrip tions for any shares or debentures in the Company, or Rate of the Commission. Estimated amount of preliminary expenses. Amount paid or intended to be paid to my

moter.

Nil.

Nil.

Nil.

Hong Kong Govern- ment, Hong Kong.

$205,000.00

Total purchase price $205,000.00 Cash, Nathing was paid for good wjil.

21

pro-

$3,000.00 Nil.

NII.

. Consideration for such payment.

Dates of and parties to every material contract

(other than contracts entered into in the ordinary course of the business intended to be carried on by the Company or entered into more than two years before the filing of this statement),

21st July, 1930,

an Agreement made between the Hong Kong Government of the one part nud Company of the other part.

Time and place at which such contracts or copies During

thereof may be inspected.

Names and addresses of the auditors of the

Company (if any),

Full particulars of the nature and extent of the interest of every director in the promotion of or in the property proposed to be aequired. by the Company, or, where the interest of such a director consists in being a partner in' a firm, the nature and extent of the interest of the firm, with a statement of all sums paid or agreed to be paid to him or to the firm in cash or shares or otherwise, by any person either to induce him to become or to qualify. him as a director or otherwise for service rendored by him or by the firm in connection with the promotion or formation of the Company.

Whether the articles contain any provisions pre- cluding holders of shares or debenture_receiv ing and inspecting balance sheets or reports of the auditors or other reports,

office

the

re-

hours ȧt Company's gistered office. Messrs. Thomson & Co., York Building, Chnter Rond, Hong Kong No directors in- terested in any of the property purchased by the Company.

Nature of the pro-

visions: Nil

Signatures of the persons above named as Directors or proposed Direc-

tors, or of their Agents authorisod in writing:-

ཟླ་

P. M. HODGSON'

H. H. H. FRIESTLEY

3. M. NORONHA

Presented for filing by:

Dear Sirs,

SUM PAK MING

KO LEONG HOE

TANG SHIU KIN

Dated the 8th day of December, 1930,

TS'O & HODGSON;

Solicitors for the Company.

1-The objects of the Company are to organize a modern and up-to- date Shipyard and Repairing Works specialising in Motor-Ship. building and Repairing of Motors of all descriptions. The ship. yard will also undertake to build or repair vessels other than those driven by Diesel Engines and motors.⠀ .⠀

-It is a well-known fact that Motors, Motorships, and Diesel-

Engines are being built on an increased scale every year,

"Pictories, and her power panic orized est claudis.eu

ing their steam engines with Motors and Diesel-Engines which are far more economical.

The latest Shipbuilding statistics show 90% for Motor-ships against 10% for steamships,

HONG KONG DAILY PRESS, WEDNESDAY, DECEMBER 17, 1930.

NEW

ADVERTISEMENTS

3.-We shall be in a position to tako full advantage of all the latest epoch-making inventions in ship-building and avoid having any -part-of our capital tied up in obsolete equipmenta... This means that a Motor Shipbuilding Yard with Repairing Works for all types of Motore will not only have now buildings to com- plete but will have' repair work on hand on an increased scale, owing to the facts mentioned in paragraphs Nos, 8 and 3. .8.-A Yard specialising in Motors raquires less machinery and equip ment than an ordinary shipyard, thus eliminating heavy and expensive plants for the building of boilers and other stes auxiliaries.

6. What is essential in a Motor Shipbuilding Yard is a well-equipped Repair Shop for Diesel Engines and Motora for land and ses and up-to-date facilities for docking ahipe.

7. We have purchased from the Hong Kong Government a most suitable space known as Kowloon Marine Lot No. 80 at To Kwa Wan, Kowloon Bay, with a total area of 222,000 sq. ft. with all buildings, etc. This area until recently was occupied for more than 28 years by the Kwong Tack Cheong Shipyard, Ltd., which has built more than 120 ships. -

.

8. The property has been purchased at a very reasonable price of $295,000. It was surveyed in 1926 and valued by Messrs. Denison, Rain & Gibbs at $393,000 and resurveyed and revalued by Messrs. Palmer & Turner in July, 1830, at 8343,400. This, of course, is the value of the land when used for ordinary purposes, but as a Marina Lot alrendy reclaimed and consolidated at considerable expense, its value should be fixed at a much higher price:

D. The buildings have been repaired, two new steel workshops have been erected and machinery, tools, etc., which have been pur- chased have arrived from Europe. The shipyard will soon be again fully equipped and in working order. "Four building berths for ships up to 300 feet length are at our disposal, and it is proposed to build four most up-to-date alipways for ships up to 300 feet in length.

10. The shipyard and repairing works are under the management of An experienced Motor shipbuilding,-Diesel-Engine, and Motor- Engineer who has been in Hong Kong since the last 10 years.

11. We shall be able to give our customers every satisfaction so far as good workmanship, and reasonable prices are concerned, because we shall have expert and experienced supervision, and also because we shall be able to run our works economically,

12. We should also like to mention that we shall first be supported by the Hoi Fook Shipping Co., Ltd., which has placed with the South China Motor Shipbuilding & Repairing Works, Ltd., an order for the construction of two up-to-date mater-ships of 300 tons deadweight each. It is the intention of the Directors of the Hoi Fook Shipping Co., Ltd., to place an order for two larger motor-ships upon the satisfactory completion of the first two vessels. Hence from the very bagianing we shall have sufficient work on hand to keep our shipyard busy.

13. In regard to repair work we shall also have ample support from the beginning, because we have got the promises of many well- known arms,

14.-Messrs. Brandt & Co., Ship Brokers, Shipping Agents, Marine- Valuers, Surveyors and Architects, are the General Managers. They have offices in both Hong Kong and Canton, and a Euro- pean Agent in Hamburg, Germany.

The Principal of this firm has had 24 years' wide experience in shipping and ship-building, and before coming to China he held, besides other responsible positions, the post of Mangging Director of a popular shipping concern in Hamburg.

15.-This prospectus serves only as a guidance to the Public.. Any further information and explanations will be gladly given by the General Managers, Messrs. Brandt & Co., St. George's Building, 3rd Floor, Chater Road.

We are, Dear Sirs.

Yours faithfully,

SOUTH CHINA MOTOR-SHIPBUILDING &

REPAIRING WORKS, LTD.

P. M. HODGSON, Chairman..

K. H. H. PRIESTLEY, Director.

BRANDT & CO., General Managers.

[10253

C.N.R. STEAMER

FLEET

MAY HAVE TO BE CUT

DOWN,

Whether the remaining ships of the Canadian National Steamships' floet, that is ships other than the new passenger liners of the West Indies and Pacific Coast fleets, are Ito be replaced by new ships or net in a matter that ils people of Cana da through the Government at Ot- tawa, will have to decide this win- ter, The Financial Times in inform- ed. It is pointed out that, at the. present time they can scarcely com pete with the steamers of other com- panies and other countrica. ***

If Ottawa decides not to replace these remaining obsolete, units, they will have to be abandoned and their trade routes discontinued. This would limit the Canadian National Steamships activities to the West. Indica and the Pacific Coast. Since there is room for expansion along these other trade routes, to Australia for example, it would. scem a shame to crop at one stroke half of the ocean activities of the organization which has raised the efficicnuy and prestigo of the Caña, dinn Merchant flag

Progress in reported annually now by the marine service which his come under the Canadian National Steamships. The five new yachtlike liners, of the West Indies feet have more than justified them- selves in uniting Canadian ports with ports of the British West In dies for the purpose of carrying pleasure seekers, business men and cargoes.

Pacific Fleet Doing Well,

The Heet which operates on the Pacific Coast is also making bead- way. Operating costs have been de- creased and returns have increased. The deficit of the steamship organi. zation is gradually being eliminat- ed. The feet carries on in a busi- nesslike way, asking, no favours, planning and revising, creating schedules and attends strictly, to business at all times,

Thirty-three ports are on the lists of sailings for the Canadian National Steamships. This list is only part of the year's pro- gramme, the part which concerns Belifax and St. John, which ports become the chief northern termini for these steamers when the St. Lawrence season of shipping doses in November until it openg again in April.

Outposts include Bermuda, the Bahamas, Jamaica, British Hoo- duras, Santo Domingo, Porto Rico,. St. Kitts, Antigua, Guadeloupe, Martinique, Barbados, Grenada, British Guiana, Montserrat, St. Vincent, Nevis, Trinidad, Vancou- ver, Seattle, Victoria, various ports in Alaska, various ports in New Zealand, Australia, and in South America, Santos, Montevideo anal Buenos Ayres-Financial Timer.

CHRISTMAS AND NEW YEAR ANNOUNCEMENTS.

PENINSULA HOTEL

Wednesday, 31st December, 1930.

Thursday,

1st January, 1990.

New Year's Eve Carnival Dinner Dance

Fully Reserved, Bookings Now Closed. After Dinner Dance-82 per Person. New Year's Day Tea Dance

(4.30 p.m. to 7 p.m.).

HONGKONG HOTEL

Friday,

26th December, 1930.

Boxing Night Carnival (8 p.m. to 1 a.m.)—

Dinner 86 per Person.

REPULSE BAY HOTEL

Wednesday, 24th December, 1990.

Wednesday, 31st December, 1930.

Thursday, 1st January, 1931.

Christmas Eve Carnival (Fully Reserved,

Bookings now closed) New Year's Eve Carnival and Fancy Dress Ball (8.30 p.m. to 1 a,m,)................

Dinner $6 per Person.

New Year's Day Special Tea Dance

MOTOR COACHES FROM REPULSE BAY HOTEL After Christmas Eve Carnival and New Year's Eve Carnival

TO HONG KONG 1.15 a.m.

(4.30 p.m. to 6.30 p.m.)

SPECIAL FERRY FROM KOWLOON.

(2.15 a.m. and 2.30 a.m.)

After New Year's Eve Carnival

Evening Celebrations Fancy Evening Dress,

Tables for the above may now be reserved at any of

Hotels.

THE HONGKONG & SHANGHAI HOTELS, LTD.

13

"FLYING SQUAD " GIRL" AS Miss Juanita Ashton, was married récently to Captain Montague Stowart-Hayes, of Kingsbury; and also of Eleuthern.

ISLAND QUEEN.

„WEDDED IN' THE BAHAMAS,

A London girl who played in The Flying Squad." when it was produced in the West End will soon be "Queen" of the Island of Eleuthera, in the Baliamas..

Sho will be the only white woman amongst n population of 8,000.

In the cathedral on the island of Nassay, in the Bahamas, the girl,

VELVET

The bridegroom is the eldest son of Mr. William Montague Hayon. and Mrs. Hayes, of Kingsbury, and the bride is the daughter of Mrs. Ashton, of Phillimore-terrace, 8.W.

Mrs. Ashton told n-reporter in London: "My daughter left Lon

journey to her wedding, and the honeymoon will consist of a motor- ing tour in the United States, which will probably cover another 3,000

don on October 2 on her 4,000-mile

miles.

HATS!

WHAT WILL YOU

WEAR ON.

CHRISTMAS DAY?

no

SOLEIL,

FRENCH FELT DOUBLE-BRIMS

CUSHION BRIMS

BLACK

BROWN · BLUE

GREEN 'WINE

·TAN.

There is a new bat

for you even if you don't want to spend too much money,

PAMELA, 13, Queen's Road Central.

HONGAY SMOKELESS EGGS COAL

-FOR

HOUSEHOLD USE.

KEEP THE HOUSE CLEAN, AND NEATI

NOTE CHEAP PRICES ---

In lots of not less than balf-ton; delivered to:-

Peak District (above Bowen Road) Bowen Road and Lower Levels... Pokfulum Road Kowloon ...

PAR TON.

$23.00

$21.00

... $23.00

$19.00 Orders should be sent in writing, not by Telephone, at least 24 hours before the coal is required, and orders must be socom- panied by caab, choque, or compradore order payable to BZB WAI a 00.

Please apply for prices of other descriptions of coal for bunker, factory, and other purposes.

TELEPHONE. No. 26009.

SZE WAI & 00.

42, BONHAM STRAND WEST, HONG KONG,

CANTON BRANCH –—EZE WAT & 00, Lộc Yu Sun Road, CantoN, PHONE NO. 13660;)

Yours to command!.

The

It's portable!

ORIGINAL OOHNER

"The machine to count on.

DODWELL

& CO., LTD.

Queen's Building