1931-04-16 — Page 11

H.K. REALTY COY'S PROGRESS.

SATISFACTORY YEAR REVIEWED BY. CHAIRMAN.

FUTURE OF REPULSE BAY PROPERTY.

Presiding, at the annual general meeting of shareholders of The Hong Kong Realty & Trust Co., Ltd., Mr. J Scott Harston rerlowed a very antisfactory year's working, and Mr. J. E. Joseph, in seconding. the adoption of report and accounts, made a few short observations on the year under review.

THE CHAIRMAN'S SPEECH..

Scutt Harston said:

Gentlemen. As the Report and Accounts have been in your hands for several days, I will, following the usual procedure, treat the same

as rend.

room

accommodation

HONG KONG DAILY PRESS, THURSDAY, APRIL 16, 1931.

RUSSIAN GOODS IN BEAUTY QUEEN ON

D.E.I

NOT A QUESTION OF DUMPING.

GOVERNMENT ANSWER TO

COMPLAINT,

Batavia, April -The Govern ent answer to a question in the People's Council regarding Russian dumping confirms that pices goods of Russian origin are imported into the Dutch East Indies. The

Soviet propaganda.

Originally the goods were marked

MURDER CHARGE.

TELLS OF HER HUSBAND'S JEALOUSY.

WHY SHE BOUGHT HER REVOLVER.

Nice.Mrs, Charlotte Nirdlinger, the Beauty Queen who has been acclaimed in the theatres of Broad- way and at the competitions of acarly all America, played a new role last month, She appeared in court for the first time, necused of the murder of her milliomire hus hand, Fred G. Nixon Nirdlinger.

Mrs, Nirdlinger is 25; her hus- band was M. After the shooting in their luxurious flat in the Pro- menade des Anglais, she told the police that she had shat hor hus- band in self-defence...

RELATIVITY!

DR. EINSTEIN GIVES FURTHER EVIDENCE.

New proofs of Dr. Albert Eiba tein's theory which declares that the rays of starlight bend in pass ing near the sun have been reveal- ed to the famed physicist at Mount Wilson Laboratory,

13-

Dr. Charles E. St. John, tronomer of the Carnogia Institu tion of Washington, announced the receipt of findings by E. F. Freundlich, astronomer of the Potsdam Observatory in Berlin.

The communication revealed re- suits of measurements of photo- graphs taken by Dr. Freundlich during the last solar eclipse. The to the aun than any other measurements are of a star nearer photographed in an eclipse. This star was only nine light minutes or about 100,000,000 miles from the sun, in one of the recesses of the

corona.

over

اليد

In addressing the meeting, Mr. | whereby--in the event of modifica.only restriction is in the matter of

tion of the terms of the Crown lease being obtained-this property can be developed along productives coming from Germany, but on lines which should redound to the the insistence of the representative benefit, not only of the Company, of the Batavia firm concerned they but also of the general public, by were fator marked as being from

European Buzzia. affording facilities-at present non-

Kels aro of excellent existent-on modern lines by the The

I visited the prison, says a Press provision of dressing and refresh quality, and are obviously pro-

for duced by factories with first-rate correspondent, and waited at the ment

equipment and by skilled labour, gate until the former Charlotte In view of this the Government Nash, dressed in a sinart cloche considers it out of question that hat and grey far cont, which she the goods could be produced by clutched to her throat, against the methods of labour objectionable to cold breeze, appeared with a gen civilised countries. It may be true darme on each aide. She was cón. that the conditions for skilled workers in Russia are unfavour-ducted to a waiting taxicab with able, but this is no reason for the drawn blinds, and was driver rapid-lich reported. He said the pro- Clovernment to take measures toy away in the direction of the provent importation.

Palais de Justice. There the taxi- cab pulled up at a. side-door; through which Mr. Nirdlinger and the crowds. hur escort vanished, thus eluding

The Auditors' Report is as fol It ws:-"We report that we have, examined the accounts of the Hong Kong Benity & Trust Co., Ltd. for the year ended December 31, 1930, and have obtained all the informa- tion

we have required. In our opinion, the above balance sheet in properly drawn up so na to exhibit a true and correct view of the state of the Company's affnire according to the best of our information and the uxplanations given to us, and as shown by the books of the Com- pany. Linstand & Davis, Chartered, Accountants, Auditors; Hong Kong, March 23, 1931,"

The prait for the year under re- view, including the

of

!

1

$50,427.05 brought forward from the previous year, and after setting aside 822,003.84 for depreciation, amounts to 8122,207.95. Deducting

therefrom the interin dividend

(paid on September 4, 1830, and Absorbing 660,000) - A 8nm of 1 $42,287.93 remains, which your directors recomipend be apportion- rd as follows:-

To pay a final dividend

of 20 cents per share $40,000.00

10,000.00

Tu transfer to General

Reserve To carry forward to

new account 32,207.93 And I trust that this recommenda- tion will meet with the approval of shareholders.

bathers, with fresh water plunges and other kindred open air ameni. ties, which ought to be available at and this, the popular bench in the Colony.

accessible most

Investments.

The Government does not fear any danger to economic life, as the goods are superior to Japanese pro- hence there is no queation of dump ducts and sell for a higher price,

With regard to our investment business, I am pleased to be able to state that our share holdings are well balanced and comprise shares in the leading loent insur. aues and public utility companies, but I would, however, point outing.

£20,000 Dimples. that in the matter of dividend dis-

She was conducted to an ante. Liibution shareholders should not

chamber on the first floor, where look for resulta parallel with pos-

the two lawyers who are defending her were waiting. For half an hour sible spectacular rises in the mar ket values of the securities held by

they were in consultation. Mrs. A cable of March 4 stated:-Thu Nirdlinger smoked several cigar. the Company, as the policy of your notorious Soviet dumping policy inettes; sometimes she glanced ap her small hands; Board must of necessity be primari-other parts of the world is rearing praisingly at ly one of safety, and future dividend

reveal the dimples which she had its head in the Dutch East Indies sometimes A quick smile would

Finally it is stated that efficient Customs control is sufficient guar- antee against the importation of Soviet propagando material.

Member's Question.

according to a question to the Gov. distributions must, perforce be in erument by a People's Councillor. fluenced to a great extent by the

He alleged that Russian picer state of the local money market Hamburg by one of the oldest firms goods were being imported if and the facilities available for the in Batavia and vid. China by employment of liquid funds. In Chinese firms. The origin of the this connection, it is gratifying to goods had been cleverly disguised. He asked for a thorough investiga- your Board to note from the Com-tion to find out whether there were pany's list of shareholders and the nature of direct enquiries made at the Company's office, that the Com: pany's sharca are now regarded favourably by the small investor

who desires to become interested in I do not think that there is much ❘n diversified distribution of securi alling for comment in the actice selected upon conservative lines and offering the opportunity of a commensurate return upon his aut lay.

counts, for most of the headings under which the figures, are dis played render them self-explana- tury.

Exchange Building.

You will observe, however, on making comparison with last year's figares, that the central property, Exchange Building, has (as the re- sult of the sale of that property effected in conformity with the unanimous decision of shareholders made at the extraordinary general meeting of the Company held on Wednesday, July 2, 1030) disap-

There being no further matters which appear to call for comment, I now formally propose that the

possibly any other Soviet products being imported.

Soviet goods, he continued, were produced by a form of slavery They were offered, at dumping prices which tended to disorganise the economic structure of the Dutch East Indies.

If the investigations confirmed the allegations Government was naked to follow the example of nunong other countries, the United States and Canada, and take the necessary anti-dumqiing measures,

If this was impossible, in view of

could be freely imported, would Government give the widest publi-

to the names of the importers.

insured for £20,000.

She told her lawyers that ever 18 months ago he had been acting since her husband's motor accident

strangely. As a result of the seci dent, she explained, a trepanning operation had been performed.

Since that time his character had completely changed. Before the crash he had always been kind and considerate, although normally of a jealous nature; ever since the operation he became erractic and ill-tempered. During the last six months his jealous disposition had become aggravated.

"When we were out together," she said, "if a man danced with me, my husband's eye followed me all over the room, and when I re- turned to the table he would ask insulting questions, No matter what answer I gave him, he would

report of the Directors and the ne- Holland's policy that Soviet goods Sell into silence and sulk. counts for the financial year ending December 31, 1830, as presented, be adopted, and that the balance at credit of Profit & Loss. Accountity and amounting to 802,267.95 be appropriated as follows:

To pay a final dividend

of 20 cents per share 840,000.00 To transfer to general.

10,000.00

reserve .....

To carry forward to

new account

Election of Directors.

"After the New Year these fits became more and more unbearable, and in the privacy of our own flat he used to threaten me with all sorts of punishments for what be considered my philandering.

"Feeling that his threats might one day, he carried out, I bought A revolver three months ago. Every time my husband quarrelled with me I went to bed with it under my pillow,

"Very long and careful measure. ments and readings of the eclipse plates result in satisfactory light. deflections appearing most clearly. in agreement with Dr. Einstein's theory of relativity," Dr. Freund.

cess of measurement was the most accurate ever made.

"Our method of deriving the senle of photograph's was the finest ever used. During the eclipse wa treated all plates with a rescau, or calibrated, senlo, which was photo graphed on the plate together with the images taken during the eclipse. Thus the positions of the stars were revealed with very great success and all that was necessary to monsure was the Einstein effect.

"One star, nine minutes from the sun'a limb, gave a value for de-

bable value predioted was 1.20 B. flection of 1.13 seconds. The pro-

conds."

Dr. St. John told Dr. Einstein this was the most convincing evid. enco of starlight bent by the gravitational effect of the sun

ever disclosed.

Dr. Einstein's astronomical les son was recently given by Frederick H. Stats, assistant director of Mount Wilson Chisarvatory. Mr. Bears is taking a census of the stars in the Milky Way.

The unaided eye," Mr. Bears re- vealed, "goes about 6000 stars in the whole sky. For the limit reach- el by the 100-inch telescope of Mount Wilson, the largest in the world, the total is about 1,500,000,- 000 stars."

COLLISION IN HAINAN STRAITS.

TWO FRENCH STEAMERS IN

MISILAP.

Two French vessels were involved a collision on Tuesday afternoon Hainan Straits.

When he seized me by the throat, I saw death in his eyes. In fear of my life I seized the revolver, and in a daze I pulled the trigger.in I intended only to frighten him. 1 acted in self defence, but that

The vessels concerned in the thought has removed none of the

mishap are the Canton, of the horror that I have killed my husMessageries Maritimes, and the Limchow, of the Sing Kee_Co. The former vessel left Hong Kong

Her Life in Prison,

The Limehow left Hoihow at 11 a.m. on Tuesday, do it is presumed

easy to find. A diversified distribu- tion of securities selected upon con- servative lines with a cominensurate return makes the shares of this Company always an attractive in- 12,207,05vestment to small investors in the

Colony. 242,937.05 With these few comments and ob- peared from the balance sheet and and I shall be obliged if a share-servations, Mr. Chairman, I have that in replacement there appears holder will kindly second such much pleasure in seconding the the item Second Mortgage on proposal, whereupon questions as adoption of the report and accounts to the Report and Accounts may be as presented in the balance sheet Exchange Building, which WOR

глінец.

and that the appropriations, as given to secure portion of the

Idquid Assets,

suggested, be adopted, purchase consideration in respect of

The motion WAR carried un-band." In rising to second the adoption animously. the said sale in compliance with the terms of the sale agreement, while of the report and accounte, Mr. J.

As I stood to-day outside the for Haiphong at 4 p.m. on Monday, in respect of the cash payment E. Joseph said: In rising to

prison where Mrs. Nirdlinger has while the latter was bound for Hong effected by the purchasers you have second the proposal of our Chair-

The Chairman: The next busi-been since Thursday the grim build-Kong from Haiphong with 'coal and investments representing at coat the man that the accounts for the

The high other general cargo, sum of 81,274,107.30, with a credit financial year ended on December with which we have to deal, ing towered above me. balance at the bank in lieu of the 31 last be adopted, and that the Gentlemen, is the election of direc walls were covored with pieces of tors. As you will have observed broken glass, foretelling the doom mortgage indebtedness to that car-balance at credit of Profit and Loss

from the printed report, since the of any hope of escape. poration which appeared in last Account, amounting to 502,267 vinst general-menting, Mr B M Three are frontes-ber-the- that the collision must have taken „Jay's balance sheet.

be appropriated as already suggest

understood that the Henry Keswick In connection with the invested, I wish to say that I do to with Raymond resigned from the Board entrance. Through two of these I place the same afternoon:-It - is but rejoined on March 23, 1931, passed, then the director of the will most probably be despatched to ments, you will notice that in spite much pleasure,

Conforming with the The statement of the accounts aro

terms of prison, M. Verdier, received me in the scene. of the fact that, owing, to unfore

Article No. 103, Sir Elly Radoorie his office-a simple room with a seen circumstances, it was not con.clearly set forth, and most of the sidered prudent to embark upon the headings under which the figures and Mr. J. Scott Harston retire by plain deal table and half a dozen are displayed make them self-ex-rotation but, being eligible, offer kitchen chairs. He said it was im investment of the funds which ac-

themselves for re-election. However, with your

possible for me to speak with Mrs, crued from the sale of Exchange planatory.

Proposed by Mr. K. Stuart Nirdlinger; but he had no objee Building until the latter quarter permission a few short and

Buy Smith, and seconded by Mr. J. Ttion to talking about Mrs. Nird-

Bagram, the motion was carried linger's life in prison. of the year under review, capitalservations of necrotion on the investmente held working would perhaps be a unanimously. at December 31, 1930, has taken priate on this occasion. The ma-

The Chairman-The final busi he sud, she has been resigned. place to the extent of $100,000 inority of the Company's assets to

nesa with which we have to deal i Most of the time she sits on a chair round figures, which, in the circumelisable form, with the exception, engaing year. The Accounts for the earing for her hands. She hardly

day are mostly in liquid or.

the re-election of Auditors for the staring at the wall of her cell; or stances, I think may be regarded na satisfactory.

of our investment in rural property, at Repulse Bay. I am pleased to period under review have been speaks to the other woman in the Whilst-on-this-subject, I would...

audited by Messra. Linstead & note that a plan is under-considera remark-that-it-appears-to-your tion for the profitable letting of the Davis, who are eligible and offer sell, he is also swaiting trial for Board thist in concentrating upon bungalows there, as explained by the branch of its business which it our Chairman, and trust that when is now undertaking that is to say, the modification of the terms of the Suckling arid seconded by Mr. F. that of investment-the Company Crown lease is obtained this pro- . Ellis. possesses greater scope for making porty can be more fuly developed animously,

"She has been allowed to receive increased profits than would have along productivo Tines,

as many visits as she likes from the been the case had its activities been should redound to the benefit of Those presentat the meeting American Consul, her maid and her confined to the mere letting of

were:-Messrs. J. Scott-Harston | lawyer. Until yesterday she had Exchange Building and ite Fural both the Company and general

(Chairman), J. H. Taggart expressed no desire to see her property at Repulso Bay, since, in public

Investments, too, for the period (Managing Director), E. M. Ray children, but on the advice of her the case of the former, saturation under review, with the surplus mond, P. K. Kwak, the Hon. Sir lawyer, Maitre Louis Gassin, the paint_in_the_matter of income had funds at our disposal, have proved Shall san Chowt... Fleming has applied for permission to have practically been reached and, in both satisfactory and profitable, (Directors) and 0. F. Ramiro her youngest child, Charlotte Lou, regard to the latter, the existence in the title deeds of restrictive which must be very gratifying to (Anting Secretary)-Shareholders aged-ten months, to come and share

were:-Mess78. J. T. her cell. covenants of a somewhat onerous shareholders to liave their money so present

Under French 'law' a mother nature has made profitable letting judiciously and successfully invest Bagram, F. C. Barry, F. M. Ellis,

matter of for them when facilities for the J. E. Joseph, O. F. Ribeiro, F. L. awning trial is permitted to have of the bungalowe a difficulty.

Your Board, however, employment of liquid funds are not Silva, K. Stuart-Smith, PH with her ang children under two

(Continued on next Column.)Buckling and Miss B Pereira.

∙years of age." has under consideration a scheme

which

themselves for re-election,

This was proposed by Mr. P. H,

It was carried an-

Tačke Present..

Since slie lits betu with us." FILL YOUR FOUNTAIN PEN

murder.

"The only time her interest is aroused is when hér meals, which are being provided by her maid, arrive from outside,

and write ■ Chit is 11, Zoe House ·Street

BEFORE YOU SAIL

and order the Weekly Frair to be sent to yon Otarabas. It costs

$4.50 FOR THREE MONTHS. $9.00 FOR SIX MONTHS

$18:00 FOR A YEAR.

ASSETS

£18,000,000

DE APPOINTMENT

11

OLAIMS PAID

£40,000,00

GENERAL

& LIFE

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