1931-03-18 — Page 11

ADVERTISEMENTS.

THE HONG KONG & KOWLOON WHARF & GODOWN CO., LTD.

NOTICE TO SHAREHOLDERS.

THE FORTY-FOURTH ORDIN

ARY ANNUAL MEETING OF SHAREHOLDERS will.be hold at the Office of MESSUS. JARDINE,

the Year ending 81st DECEMBER,

MORTGAGE CASE.

PLAINTIFF'S RIGHTS ARGUED BY COUNSEL.

„JUDGMENT. RESERVED.

KJ

Judgment was reserved by Mr.

K.C., had made his closing address

Hinto

HONG KONG DAILY PRESS, WEDNESDAY, MARCH 18, 1931.

SINGAPORE SHARE

MARKET.

FRASER & CO.'S WEEKLY REPORT.

YORKSHIREMEN IN MALAYA.

W

„SOCIETY'S. ANNUAL

REPORT.

The third annual report of the

a: the Europe Hotel, shows the number of life members as 93, in

which includes 18 now members.

Messrs. Fraser Co., in their banked at 3/0 and Raubs 817.40 weekly report, dated March 10, with further shares enquired for at

817.5 cum, div. Malayan Collieries Society of Yorkshiremon in Mn- The local share market has been had several transactions at 831.50lays, which is to be presented at MATHESON & Co., Lrn on Justice Wood at the Supreme Court considerably more active during the and Rawang Concessions could be the annual meeting on March 20 THURSDAY, the 19TH MARCH. yesterday in the land mortgage week than for some time past, and placed at 15/ A amall parcel of 1981, at NOON, for the purpose of case, which concluded at the morn-interest has doubtless been revived Austral Malay Tins remain on receiving the Report of the Directors and the Statement of Accounts for ing sitting after Mr. Eldon Potter, te a-certain extent by cabled advices offer, and Malaya Consolidateds addition to 43 annual members,

stating that the question of restricts Teja Malayas are in the tion of the production of rubber has market, whilst a bid of 17. for again been under discussion. No Hong Kong Tins would lend to definite nows is forthcoming to date, and after advancing to did., the price has relapsed to 37d. per lb., but share values, although, wenker at closing, remain well above last week's levels. As usual on a sudden market rise practically all the at

1980.

The TRANSFER BOOKE of the Company will be CLOSED from TUESDAY, the 10TM MARCH, 1981; to THURSDAY, the 19TH MARCH, 1031, Both Days inclusivo,

By Order of the Board of Directors,

F. H. CRAPNELL, Secretary. Hong Kong, 2nd March, 1931. (393

on behalf of the plaintiff,

Plaintiff, Mrs. Chu Shuk, alleges that the Banque Franco-Chinoise wrongfully sold her property, 6, Koshing Street, which she had mort gaged to them for the purpose of obtaining banking facilities for Mr. W. M. Pittendrigh, and claims

$42,000 damages.

Mr. Potter, together with Mr. H.

business.

Rubbers: - Transactions Look place in Ayer Fapse at 91 cte, Mon takaba 30 to 33 cts., Lunes 81.0 to 81.10. Utan Simpans 31.07, Tapah 81 and New Serendahs $1.05. New Sendair ductunted con

Lention has been confined to the siderably and closs rather easier nt

The report, referring to the Benevolent Fund, states:

"In view of the serious trade de- pression throughout Malaya in 1030, with little prospect of a

silver lining in 1931, your com mitte gave the question of the im- mediate launching of a Benevolent Fund their very serious considera. tion, and in October Inst it was

G. Sheldon, is for plaintiff, while gambling type of stocks, but a8.20, Malaka Pindan receding from decided to cireularise members of

THE HONG KONG FIRE INSUR. fr. F. C. Jenkin is for the defend. certain amount of absorption by in. 03 to 923 eta. Brunei Uniteds could the Society nsking for their volun-

✦ANCE CO., LIMITED.

NOTICE TO SHAREHOLDERS.

THE SIXTY-SECOND ORDIN THE

ARY GENERAL MEETING of SHAREHOLDERS will be held at the Offices of the Undersigned on THURSDAY. the 28TH MARCH,

ants.

vestors is also taking place without disturbing current quotations. Position of Cheques.

After an early decline, Tin bas Continuing his address which recovered to £124 for the three commenced the previous day, Mr.months' position, but the market Potter submitted that there was no continues to be affected by the wa written consent or authority by the favourable statistical position en Plaintif for the overdraft.

The

be placed, also Changkat Serdangs, Sungei Bagans and Hastors, and on the selling side, Kedah are available, also Pajams, Tambälakı and Teluk Ansons.

Industrials- Straits Traders have been very firm during the

tary support to such a fund. “Of a total membership of 06 at the end of the year, 22 promises of

support to the fund were received. Although this cannot be regarded as disappointing, your committee feel that as we may be called upon

1931, at NOON; for the purpose of point, in the present case, was whendered by the heavy mining week, and have put on 50 cts. t at any time to deal with cases of

receiving the Report of the General ter the signature of Dr. Tam, as of Accounts for the Year ended 31st Agent for plaintiff, made the cheques Managers, together with n Statement

requests in writing sufficient to

DECEMBER, 1930.

The SHARE REGISTER and TRANSFER BOOKS wil be CLOB ED From the 12 to the 26TH MARCH, 1981, Both Days inclusive.

JARDINE, MATHESON' &· Co., LTD.,

General Managers, THE HONGKONG FIRM INSURANCE Co., LTD.

[410

CHINA PROVIDENT LOAN &

MORTGAGE CO., LTD. ·

satisfy the terms of the mortgage teed and bind the property of third party (plaintiff). When they came to consider the cases it would become quite plain that was not

50.

He went on to say that in the present case the Banque could only chargé plaintiff's property if the written consent or authority to the g.anting of certain banking facilities was forthcoming,

a

His Lordship pointed out the de- NOTICE IS HEREBY GIVEN fence was that the cheque was

that the THIRTY-FOURTH communication between Dr. Tum *ORDINARY ANNUAL MEETING

the and the Banque, Dr. Tam being of SHAREHOLDERS in Company will be hold in the authorised by plaintiff to give con Company's BOARD ROOM, 2ND sent or authority in, writing for FLOOR, ALEXANDRA BUILDINGS,

operations immediately prior to

March 1 Smaller sales of the metal are now being recorded in the Straits and apart from daily Buctuations in the gambling stocks, shares are reasonably well held meanwhile, with fair support forth- coming from London,

$27.50 business done, after markings at lower levels. Robinsons were put through at 88.15, United Engineers 86.40, Wearnes 86.35, McAlisters $74.50 and Straits Steamships

distress from Yorkshiremen in

Malah, members who have not ye replied to the circular might give the matter their further kind consideration and notify the Hon."

let us hope it does not - there would be a satisfied foeling in the knowledge that we could steer a fellow Yorkshireman through period of distress, the reason for which might be entirely out of his control.”**

A

round $236. Fraser & Neave Orde Secretary of their intention. The were negotiated at 813,26 cum, digestion of donating or subscrib with an odd lot changing bands at As usual Straits Traders bave 813.10 and the Preference were to the Fund is, of course, quite voluntary, but your committee ap monopolised attention in the Indus. again taken at 80.50. Singapore trial section, shares offering boing Cold Storages have firmed up to pen to members for their gener OUR support. Charity begins at readily taken, en an advancing 84.00 on sundry market rumeurs,

home and should the occaión artac market, Singapore Cold Storages South British Insurance came, to and Robinson Ords, also coming in business at 820 and Consolidated for attention. The Directors of Tin Smelter Prefe, at 18/3 and 18/. Fraser & Nenve recommend a die-cum. dividend with more wanted at tribution of 15 per cent for the the latter figure; the Ordinary year on the increased Ordinary shares could be placed at 16/- and share capital, boipid last year there are further buyers of Fraser of the 18 per cent,

Mining-Considerable activity has prevailed in the Mining share market and in Sterlings Tronche were done at 14/0 with buyers now 16 Hong Kong Tins at 16/0 Dollar Shares were also well sup ported, and Petalings were taken at 4.10, Sungei Ways 82.16, Kinta Tin Dredges 61,15-81.17, Sungei Luins 81.13-81.14, Kuchnia 95-4 eta.. Penawats at 61 éts, Hong Fatts 60 ets, and Malaya Consolidateds at 119 cts. Burma Corporations were

Neave Prefs., Alexandra Brick Prefe., Hammers at $108.50 and Robinson Orda, at 88.16 or counter

Social Activition. Social notívities during the included a very cheery though in-

year

affer. A bid is wanted for Centrul Engine Works, also a few Henry United Engineer Prefs. at 12.75. London cabled Middle Prices show on May 3 at the Europe Hotel to bat little change and are as fol. greet, Sir William Peol on his way. lows: Shell Transporta £3.7.0, through Singapore on route for British-American Tobaccos £4.3.3, Hong Kong Banke £107.10.0, Duffs Hong Kong to take up his appoint- 3/9, Dunlops 12/9, and Imperialment as Governor of that delectable Tobaccos £4.8.9.

Hong Kong, on TUESDAY, 81cheques to be drawn on the over and Ayer Hitam Tina at 11/8. Waughs and there is a seller of formal diffin party which was held MARCH, 1981, at NOON, for the draft account. In other words, it purpose of receiving a Statement of was a direction to the Banque by Accounts and the Report of the Dr. Thon in writing to iarrense Mr. Directors for the Year ended DECK-Pittendrigh's overdraft. REE 31st, 1080, electing Directors and Auditore, and for the Transaction

of any other Ordinary Business of

the Company.

سریا

Written Authority.

Mr. Potter did not agree, saying NOTICE IS ALSO HEREBY that the cheques did not show that. GIVEN that the TRANSFER The consent had to be a document BOOKS of the Company will be which, on its face, satisfied the re- CLOSED from WEDNESDAY, 26TH

quirements of written authority or MARCH. 1981, until TUESDAY, Slar MARCH, 1931, Both Days consent. inclusive, during which Period No Transfer of Shares can be registered.

By Order of the Board,

D. L. KING,

Becretary. Hong Kong, March 11th, 1981. [45B

Ꮇ

NOTICE.

There

WAS not one authority which laid it down that a cheque could be a written request for a Inan. A provisp in the deed was to the effect that in each and every ease the written consent or nutho- rity of the mortgagor had to be obtained by the mortgages before granting any banking facilities. Nothing, said Counsel, en'd bind Fiat plaintiff's property unless the Banque could produce a document in writing which, in express terms, gave consent or authority to making use of certain and specified bank- ing facilities.

[R. B. A. HYDEL is No Longer

connected, with our

Garage.

A. GOEKE & CO.

[462

HONG KONG CLUB. NOTICE.

Another point dealt with by Mr. Potter was the lack of notice to the plaintiff of the sale. His Lordship was asked to find that

THE THIRD YEARLY DRAW- ING of 20 DEBENTURES (1928 Izu-8500 Each) of the HONG pinintiff's property could be sold KONG OLUB, Payable on WEDNES- DAY, the 307 SEPTEMBER, 1931, will be held in the CLUB HOUSE,

at 11. O'CLOCK AM, pn FRIDAY, the УСТ МАРОН, 1931.

although no notice of the sale had been given to the plaintiff, and although she might never know that

DIVIDENDS. Total for yeng Year Date

to date Ends Payable

Namo

Dividend Fraser & Neave

Ord.

45 cta. final 75 cts. Frnsor & Nenve

Prof.

51M 17% fina! Smeltors Prof. ... Consolidated Tin

34% final

31 Aram Kumbang.... -/ed. (35th) -/6d. Malayan Tin

Dredging

* int. 15% Sathern Malayan 2% int

Books close

31 Dec. 21-3-31 16/21 Mar. 31

31 Dec. 21-3-01 10/21 Mar. '31

30 June 31-3-31 17/30 Már. 31 31 Dec. 23-3-31 10/3 Mar. '31

4 March 31 4 March 31

Price.

$61.75

1031.

March 4

Rubber. 4.1/108,

30 June 19-3-31 30 June 18-3-31

Tin. £123. 0.0

Tons Sold

125

まち

sid, 4d.

192.15.0

100

122.13.0

150

61.75

41.

121, 0.0

150

02.37)

4d.

100

10

sd.

124.10.0

123

02.37 02.02)

PARKING AT THE RACES.

JOCKEY CLUB OFFICIAL SUMMONED

"AN INTERESTING POINT.

At the Central Magistracy yester

Not a Roadway.

01.02

The

island. In spite of the very short notice given, a good sprinkling of members were present. Over 70 people were prsent at the Swim- ming Club on the evening of June It when the Society hold a party by kind permission of the commit- to of the Swimming Club. event of the year, of course, was the occasion of the Society's an- nun dinner and dance, which was held at the Europe Hotel on Oct. 9. Slump conditions certainly did not affect this function for there was a total of 153 present, the guests including Sir Cecil and Lady Clementi and the Presidents and their wives (if any) of the other local Societies, *

A communication meoived froto the hon. secretary, Mr. Lionel Kit son, Victory House, Leicester. Square, W.C.2, generously suggests that when members are in Town

Mr. Forsyth (to his Worship): Have you seen the place there f His Worship: Not recently. Mr. Forsyth: It is rather difficult to understand voless you have seen the building itself. The couple of archways, form a natural garage functions which take place from

they should get in touch with him a that they may have the privilege of attending any of the excellent

under the building. It is not the time to time. Members proceeding roadway.

to England are requested to get in Inspector Alexander: It is a road touch with the hon, secretary whe

Bearers of Debentures are invited to her property was going to be sold, day, Mr. H. R. Forsyth, of Mesars, under Traffic Regulations, your will arrange for the necessary letter

attend the Drawing.

By Order,

T. A. ROBERTSON, Lieut. Col., Secretary, Hong Kong, 11th March, 1971.

[444

NOTICE. THE HONG KONG & SHANGHAI HOTELS, LTD,

ISSUE OF NEW BHABÉS. - FEE Director of TuR HONG KONG

LE

& SHANGRAY HOTEL, LIMITED hare decided to offer the Shares of the NEW ISSUE to those Persons who are registered as Shareholders at the close of business on the 31st MARCH, 1931, upon terms and conditions which will be fet out in the Form of Offer...

For THE HONG KONG & BAKORA

HOTELS, LAD.

+

F. C. BARBT,

-Secretary

Hong Kong, 15th March, 1981;

In the first place the construction Linstead & Davis, appeared before

Worship.

His Worship, after consulting the Regulations, pointed out to the do fendant that a road including pri vate thoroughfares to which the public had access.

of the deed was against that, and Mr. Schofield an A summons Re». the law would not allow it.

There was not one case in which aing him of disobeying the traffic there had been a suggestion that directions of a police oficer on this property of a third party held March 3, at Happy Valley. as a guaranted for a debt of an- It was stated that the defendant other person could be sold without application to the person who owned was told to park his car at a

Mr. Forsyth: At the same time, the property,

certain, spot but he refused, saying does it override the rights of that the spot on which his car was owners! then standing was the property of the Hong Kong Jockey Club.

How the Instalment System Regan. The instalment system is not a product of the now civilisation in the United States; it started in Scotland 100 years ago. And this is how the secret came out. Mr.

His Worship: That depends on the circumstances.

Mr. Forsyth: The chairman and

Mr. Forsyth admitted having had a conversation with the officer but added that his car was parked be- stewards gave permission to ga low the tiffin room of the Jackey there."

E A. Cross of the National Club. He had the permission of Federation of Crodit Traders, was the stowards of the Club to do so.

In reply to his Worship, the

giving evidence before the House of He was general assistant to the police stated that there was no ob. Commons Select Committee on secretaries of the Club and as such struction caused to traffic but on Shop Assistante Hours. His or he had to be in a position to get that particular day it had been ganisation, he said, was established away quickly if necessary, and also- 100 years ago. Do we take it that have a car readily accessible. For raining and people were walking credit is as old as that he was the remaining days of the races; under the shelter-provided by the asked, Mr. Cross.-Yes. We sold the car was parked at the recog- archway. Bibles on the instalment system in nised parking stand to the satisfac- Scotland. I think that was the tion of the Hon. Inspector General

of Police [476-origin-of-it-

His Worship adjourned the aum- mons to inspect the spot....

n! introduction to the London Bo- cioty.

Suggestions Welcomed.

At an early, date it is hoped to issue a handbook incorporating the rules and regulations of the So- ciety, the Benevolent Fund rules (if it is decided to go ahead with

a Benevolent Fund) list of mem-

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