1931-03-27 — Page 7

COMPANY MEETING. CORRESPONDENCE.

HONG KONG FIRE INSUR- ANCE CO., LTD.

LEAN YEAR REVIEWED BY CHAIRMAN.

The sixty second ordinary mest jug of The Hong Kong Fire In

·surance Co., Ltd., was

Hold

Messrs." Jardino "Matheson's "board- room yesterday when a satisfactory year's work was reviewed, The Hon. Mr. J. J. Paterson was in the chair and supporting him were:--Messrs. C. Bernard Brown, L. Dunbar, E. Pearce, A. H. White (Consulting Committee) and E. C. Hall (Seero tary).

[All Letters, insinuat for publi.. cation must we accompanied by the name and addresx of the writery not | for publication, unless an desired, but as evidence of quod faith.ED.].

HONG KONG DAILY PRESS, FRIDAY, MARCH 27, 1931.

در

YINGTM WA GIRLS!

SCHOOL

SATISFACTORY PROGRESS MADE IN 1930.

YOURA GULLER'S RECITAL. MRS. de MARTIN PRESENTS

TO THE KDITOR OF THE

DAILY FRESS."]

HONG KONG

PRIZES,

PILFERAGE OF STATIONERY.

NOISY COOLIES ON THE PEAK.

GOVERNMENT EMPLOYEE "LIKE DEVILS OR WOLVES."

PLEADS GUILTY.

SHOPKEEPERS CHARGED

WITH RECEIVING,

*

A systematie pilferage of Govern ment stationery was revealed by the police at the Central Magistracy yesterday when three persons were, charged in connection with the leas of a quantity of stationery from the Crown Lands Offe

The annual distribution of certi fientes for successful students of the Sin-This is probably the last Ying Wa Girls' School (London ension on which I shall. Have to Missionary Society) was held at the trespass on your space for some tune, but again the short notics of Hop Yat Church Hall, Bonhain récital necessitates more than Road. last evening, when Mr. de the New Announcements column thetists amount of publicity. "Martin, gave away the awards. Re-

The first defendant, an employes will be found the advertisement marking that the past year was the of a piano recital which is to be first in which the school sent slu- of that department, who was charg given by the above artiste in the dents for the Matriculation examined with stealing, pleaded guilty. Helena May Institute on April 7, in which they emerged The remaining defendants were This Society has never under successfully, Miss D. Hutchison, shopkeepers who were charged with Ktaken the definite organisation of Principal of the School, reported receiving stolen property. The first a concert, but in this case we cor- that the institution continued to of theen shopkeepers was represent .sidered we should be doing a service make satisfactcory progress.

to our members and to the public

ed by Mr. Horace Lo and the reond by inducing this artiste to give a

Following the distribution of

was defended by Mr. E. B. C. recital while she is staying in prizes, an attractive concert was Brooka, the Colony Mlle. Guller is really touring the East for pleasure and given by the students. Mr. G. P. happens be in Hong Kong for de Martin, Director of Education, and the Rev. Cheung Chuk Ling, who presided, were among the large gathering present.

Shareholders present were at 5.30 p.m. Mesars, Lo Chung Shiu, J. B. Soth, M. H. Lo, D, V. Stonvenson, Stuart Smith, J."P. Shorry, S. Ross, G. V: Camund, C. S. Re medios and Ho Leung,

CHAIRMAN'S SPEECH.

few weeks.

Addressing the meeting, the Chairman suid da

Though her name may not be familiar to many out here, she is reault of our operations for a flat-class artiste with a world the year 1929, now under review, reputation. I have before me an has been lean indeed with a margin announcemont by the Pianoforte of profit of under 3 per cent.. this, Society of five pianoforte recitals Hewett, will not find you unprein the Wigmore Hall, London, in pread is 'It was predicted in my 1994, at which the artists were predecessor's speech of last year Cortot, Dohnanyi; Sauer and Your and, when we view the reports u Guller. She was one of the Socic many other companies covering the ty's soloists three sensoris in secces- same period, wa mity consider our-ion, and is the only Indy pinnist selves fortunate that we finished up who has ever been selected by with anything at all on the right them. This is sufficient to indicato

In her report for 1930, Miss Hatehison said:-

Two outstanding events lave marked the past year. The first was the format opening of our new school building by the Vice-Chan- cellor of the University, Sir William Hornell, on September 9.

The

In outlining the case for the prosecution, Detective-Inspector J. Murphy said: The Grat defend ant in the dock is an office nt tendant in the Crown Lands Office which is a sub-department of the Public Works Department. He is described as office attendant but he is in fact a little botter than thất and a little less than a clerk:

MAGISTRATE'S WARNING

Mr. Frank Austin appeared complainant at the Central Magis traży yesterday when two Chindar chair coolies were charged' with making a noise calculated to cause a disturbance between '1'alm?"hid Ban. yesterday.

Mr. Austin told the Court that

about 1.30 am. youtarday he tele-

phoned Mount Gough Police Station and complained about the cooliex making a lot of noise. Continuing, witness said:" My wife and I live at the Peak Hotel on the top floor, very nearly opposite to the coolics quarters in the main building facing the Station. I had complained, twice before to the Mount Gough Police Station about the noise, and; I understand that they did their very best to stop the noise. These coolics make so much noise day and night that it is very troublesome to people living in that quarter. It is worse at night, especially say after 11 o'clock. Whenever a tram comes up, there is always a great deal of shouting.'

As Bad During the Day. The noise was just as much in

All Crown stationery is received the day-time. It so happens," by the Public Works Department continued Mr. Austin, "that my and kept in a stationery office which

wife has been sick since Saturday, Colonial Stationery Office, and been just ne bad during the day

side of the book. The year in ques-her standing in the musical world. second was when, on September 11, we can for this case, call the and she tells me that the noise has

tion will long be remembered as one

of the Worst in the History of pre-

a large number of past and present

sent day Giro" insuranco and it only recently modified its rules, to pupils and friends assemble stationery is issued from this office as at night-time. These coolies are

1.

is a good one to leave behind us.

The Exchange.

The Helena May Tustitate has

to *Did enable visiting artisten to give con- farewell to Miss Davies, and to ferts there, and in our opinion it

has more intimate atmosphere for try to express something of this to all other departments ne requisi-like devils possessed, especially

a recital than the other available Appréciation of all that she had As with everything in Hong We have therefore renom done for thom. Miss Davies had Kong, in these days, exchange. hasmended that Mile. Guller should given dimost forty-two years of acr Icatured largely in our accounts perform there, and in order to meet, vice to educational work in this and the rate of 1/14, at which they our wishes she has agreed to the Colony, and thirty of these were represented to you, has had tickets being sold at the popular devoted to the Ying. Wa Girls very marked effect both an balauers prices of 84.40 and 83.30 (including School and premium income; the latter as tax), though such an artiste hae shown at 82,206,711.51 is no less than 8815,096.18 more than for the very right to expect the seats to

be priced at a higher figure." Jear 1928 and, though the fall

We are fully confident that our The sterling value of the dollar has

first venture in concert-organising will be a suceess, but time is short and we hope music-lovers will do their best to ensure a full attend anceYours truly,

contributed very largely to this in eroasdan glad to be able to in form you that our income from both gold and silver sources had bec well taninthined in spite of univercial depressions and the acube competition now prevailinte The latter the more so in respect ko, your company's particular branch

thsuritices.

The ratio of losser is appreciably higher at 80,16 per cent, as compar-

with 43.5 per cent, for 1028,

while diet for charges is somewhat less, at 38.00 per cent, as against 30:33 iar cent. An addition of the percentages of lusses and charges; 2 97.22 leaves us with a figure of 4:1odt of but 2.78 per cent, which is meagre enough as I think you will agree.

A. M. BOWES-SMITH, Hon. Secretary.

Hong Kong Musical Society, Hong Kong, March 20, 3001.

ance sheet with that for the year 1990. The assets, as expressed in sterling, show • a fall of some £49,000, which was only to be ox- pected, wherons in local aurrency the increase show is one of over three million dollars. It may in treat shareholders to know that the company's holdings in 'gold' 'se- The balance at credit of the work-curities, which aro almost entirely ing clint for 1830, after twel: gilt-dugod, as on December 31 1830, months, is $760,300.01 as compared wore valued at over £400,000, wth $511,112.30 for 1929, at the same It is proposed to raise the audi- stage, an increase of 8238,884.21.tors' fees from $1,000 to 81,550 for and this I trust you will view ench Arm and you will, I hope, antisfactory; I might mention also confirm this when the proposal for that it-is-807;131:50° in' 'eXCESS • Of the realiction of auditors comes any first twelve months' balance of

before the meeting. previous years. It would be pre

nature on my part to hazard any sort of opinion as to the final out- turn of this account but, granted I trust also that you will aP- that nothing unusually disastrous prove of the usual bonus of 15 por ceeura before December 31 next, wc cont. on their salaries boing grant have every reason to look for a finated to the staff. showng that will bear favourable comparison with the more prosper- ous of its forétunnersuit filed as

The surplus to be dealt with at this mosting is 8593,587.77, the balance of account for 1929, and we recommend the payment of i dividend at the increased figure of 30 and of an exchange bonus 810, making in all 800 per share, which will absorb || $450,000, the transfer of the Balance of 9113,567,118,211.16.7, at exchange 1/1, to Roinsurance Fund.

"Exchange Bonus

and

In making these recommenda tions, your general managers and. Lonsulling committee have felt that it is only reasonable that share. holders should participate in the very considerable accretion of in- terest that has resulted from the Company's gold securities, owing

Bonus for Stan.

•

Increased Attendance... The year 1930 showed a slight in- erease in numbers. The average number of scholars in attendance was 200, and the average daily at tendance 284-almost 90 per cent.

In all departments of the school, stondy work has been done. For the first time in our history wo entered two candidates for the Matriculation Examination of the Hong Kong University, and I am glad to report that both were successful. One of these, who was a pupil in the school for 15 years, from Kindergarten right to the top of the school, is now taking an Arts Course at the University-the first girl to go direct from Ying Wa to the University of Hong Kong,

Four girls entered for the Senior Local Examination, and of these two were successful; white of the five who entered for Junior Local, four passed, one gaining a distine

tion in arithmetic.

tioned for. All sab-departments have got to requisition in the usua! manner.

In Charge of Stationery. "The defendant has been in the Crown Lands Office for more than sixteen years and it appears that he was unofficially in charge of the that department. stationery in Somebody had delegated him with the power of obtaining stationery, though he should have had no authority to do that,

when tourists come up to the Peak. They did not come out of the sta tion in order-they gathered round them like devils or wolves,

I have lived at the Peak Hotel for some years at odd times, and this noise has been going on for a long time, but I think it has never been so bad as t

The Magistrate fined defendants 25-énoll His Worship unit

this deof rbist has got to stop. The next lenders who are brought up here and convicted will be fined | véry-hdavijý.““There is no reason "It appears that all stationery | for all this noise.” - for use in the Crown Lands Office. His Worship suggested to In- wan kept by the prisoner in a large spector S. Logan that a constable unlocked cabinet in the general aliould be kept on duty at the office. As officials in the depart station to ace that the coolies canto

wanted ment

stationery, they out in order. simply asked the defendant and ob tained the necessary stationery.. When the store was exhausted the defendant would go to a clerk in NANKING AND SHAL the office and get a requisition form made out whicir would subsequently be signed by n European officini. The defendant would take the re quisition form to the Colonial Stationery Office and would receive the stationery which would then be brought back to the Crown Lands Office and deposited in the cabinet.

Two candidates entered for thro Trinity College of music examina. Paper Taken to Yaumsti. tions in June: Both secured past About Obibber, 1930, the defend; certificates one in the Senior Divant first dofceived the idea of sion, the other in the Preparatory. pilfering this paper.. He lives in This report would be incomplete Youmati and when going home at without a word of thanks to many night after office hours he used to who have helped us." I should like take some over to Yaumuti where to take this opportunity of thank he sold it to the second defendant ing personally every member of the Early in October he took a sample staff-both Chinese and English-for to the second defendant and the the devoted and ungrudging service latter agreed to necept the paper. which they have one and all given, and added that when he (the do- On behalf of the school, I would fendant) had any for sale to bring acknowledge our indebtedness to it along. The defendant had taken members of the London Mission who paper there an several subsequent I do not think there is anything have helped in many ways, to the occasions. He did not on all these further in the accounts that calls staff of the Alice Memorial and occasions deal with the second de- for special mention by me. Con Affiliated Hospitals for assistance in fendant direct but he would say ditions are as difficult with us in time of sickness or emergency, to the that the second defendant was in these days as with every other Hop Yat Church for allowing us the his shop on these occasions.

ranch of commerce; some people use of this hall this evening, to Revi

**The atationery was sold at are wont to view insurancs as easy Cheung Chuk Ling for his willing- money under any circumstance ness to be our Chairman at this ridiculously low price. On the 21st but that fallacy in hardly corrobar-meeting and for much help given of this month, on information re- ated by the ratio of profit of 2.78 during the year, and to Mrs deceived, I obtained a warrant and por cent that we now disclose for Martin for so kindly coming to pre

sent the certificates this evening the your 1929.

After the resolution, which I am now about to propose, has been duly seconded, I shall bo pleased to answer, to the best of my ability, any questions which shareholders may wish to ask,

I now propose, the following ro solution; qu

KOWLOON ASSAULT CASE, Acting on the statements given

TROUBLE 'OYER A WOMAN.

oor (third: defendant's address) raided 75a, Hollywood Road, ground and found a small quantity of Gov. omment stationery. It bore the watermark of the Crown Agents.'' by the third defendant, I obtained a warrant and searched 123, Shang- bai Street, where I found a small "quantity of stationery. I asked the defendant if there was any more Government stationery in the place and he said, No, but further

Inspector's opening had been given, search revealed some more."

After evidence in support of, the

day morning,A

"That the Report and Accounts, The hearing was continued yea- #presented, including the pay.terday, before Mr. E. W. Hamil mont of a Dividend of $50 and of ton, at the Kowloon Police Court, making in all 280 per share, the police messenger, is charged with aa "Exchange" Bonus of 810, of the case in which Wong Fang, to the present low exchange; they transfer of £0.211.147-8113,687.77 causing grievous bodily harm to do not consider it advisable, how to the credit of Reinturance Find Lam Boing, at Yaumats, on January the 'case was adjourned until Tues

figure that and the payment to the Staff of a

15 per cent upon their enlaties, stated that the trouble started in the be Complainant, giving evidence,

adopted and passed,

- This was "beconded by Mr. K. Stuart Smith anil, was carried un. animously:

dividend," "beyond a could be maintained with comfort out of interest alone, even should exchange return to a level of 2/ hence the suggestion of an "ex change" bonus. They trust, how er, that ahareholders will take

Consulting Committee. "full cognitance of the note appear

Sir Robert flo Tung, Messrs. C. ing in the report, wherein, it is stated, that the continuance of this Bernard Brown, A. Compton, "bonus in the whole or in part, Dunlar, T. E. Fearce and A. H. will depend entirely on the future White, were re-elected to serve on fluctuations of exchange. We are the Consulting Committee on the hopeful that what has been done proposition of Mr. To Chung Shui, will meet with the approval of seconded by Mr. J. F. Sherry, and shareholders.

Mere Lowe Binghain & Matthews All the reserves are in a high and Mesure. Percy Smith, Seth and ly satisfactory condition is willie Fioning were re elected Auditors for good-by a comparison-stribe/balk the ensuing year. This mas propon

od by Mr.

Sleaverton and (Continued on next Column); seconded"

second floor of 174, Woosung Street.

|

TELEPHONE CO,

-

GOVERNMENT STILL THINKS

OF PURCHASE.

CHINESE TOLD NOT TO

SELL SHARES,N.

Nanking, March 21.-Despite the. fact "that" the sale of the former Shanghai Mutual Telephone Costo the International Telegraph and Telephoto Corporation has boor “a fait accompli since last year; 00 tive steps are still being taken by the Ministry of Communications pave the way for the ultimate ge- quisition by the Government of the Telephone. Administration in the International and French Bottle- ments in Shanghai.

In a dispatch to the Greater Shanghai Chamber of Commerce, the Ministry suggests that"to" exi- sure the realization of the Govern- ment's considered policy, Chinese shareholders be requested, in abstain from selling their shares to foreign- "are: Should way of such sharehold- be desirous of disposing of his to purchase them at the current shares, the Ministry will undertake market value.

The dispatch recalla that it was in the face of the unanimous: op- position of the Chinese telophone- users that the sale of the former Mutual felephone Co. was effected, The action of the Shanghai Muni- cipal Council (of the International Settlemint) in granting a 40-year franchise constituted a flagrant dis regard of Chinese sovereign rights,

shareholders, consituted almost 47 Nerf A Lost Opportmilty.

It is pointed out' that the Chinese per cent of the total number. Ind they turned out as bloo sad taken concerted action at the sharehold- ers meeting, the motion, for, the

He came in to look for his wife that on the day in question, he met heen defeated, playing mulatte Defendant, giving evidence, said sale of the Company could have She was then leaving the floor in his his wife in the street, and asked Continuing, the dispatch says company. Defendant," on accing wit- her where she and been. She said that while appropriate measures to ness, assaulted him in the street, that she had just come from 174, facilitate the taking' over of the and held withean by one arm, while Woosung Street, They both went telephone suministration by the defendant held the other. They up the stairs, but his wife tried to Government have already been for then took him to Yaumati Police prevent him from proceeding furmulated and approved, their suc station. On the way they both ther than the first forces depends the large measure He accused her of having a lover, | upon the support of the people in strick him and he fainted when lie

and struck bor several times. Ho general and the shareholders in. ranched the Station NA

An. Indian constable said that he then saw complainant coming to particular

Concluding, the dispatch says. arrested tho complainant and dewards hit armed with an axe, and fedant. The defendant was atrik witness had complainant arrested that to ensure the successful carry ing the complainant. Wittes with the aid of an Indian constable ing out of the Ministry's plans, denied having track complainant The Magistrate sentenced the do- all Chinesa klare older our be of the way to the Station fendant to three months imprison-disuaded from selling their shtrës (Coilinücă at foot of next column.) ment, to date from January 3, to foreigners in

THE PERFECT SUN BLIND

All-Ventilating Shades

AEROLUX

VENTILATING

PORCH SHADES

GUNENUD SIEME

THE INCREASING SALES OF THE AEROLUX BLINDS PROVES THAT THEY ARE RAPIDLY. OUSTING - THE OLD FASHIONED AND UNTIDY BAMBOO BLINDS.

THEY SHUT OUT THE SUN BUT NOT

THE

AIR

SIZES: 4 0 TO 9 3 WIDE BY 7 8 LONG IN BROWN OR GREEN.

CALL AND SEE A BLIND FIXED IN OUR FURNITURE DEPT.

LANE, CRAWFORD, LTD.

PIANOS

Ang T DIGAN

FOR SALE OR HIRE

ANDERSON PIANOS

SPECIALLY CONSTRUCTED FOR THE TROPIOS.

النور:3

***

The Anderson Music Co., Ltd.

Bong Kong Weekly Press

What is Piracy?

Admiral Kelly in Canton Company Meetings and Reports

Busy Sports Week:

A JIYAN

Cricket, Football, Golf, Racing, Tennis, etc.

and Other Interesting Features.

THE PAPER WITH THE YELLOW COVER,

Ami Hab,IOHD FARM

Price: 30

Cents.

Annual Subscription: Hong Kong, $18; Post Free to

any address; $16; Quarterly Subscription, 84 vibes rest wit vos bir soatlik har

· Orders should be sent to the

HONG KONG DAILY PRESS, LTD.

TELEPHONE: 30251.