1931-04-28 — Page 7

BANKING DISPUTE.

APPEAL AGAINST ORDER IN CHAMBERS.

DISAGREEMENT REGARDING

ACCOUNTS.

An appeal on an order made by Mr. Justics Wood in Chambers as to which sidu should commerce an

FATAL MOTOR ACCIDENT.

AGED CHINESE KILLED.

EUROPEAN DRIVER CENSURED.

An inquiry was held yesterday before Mr. E. W. Hamilton at

action between customer and bank the Kowloon Palico Court into the was heard in Full Court Jester death of Lo Kong, a Chinese male, day before the Chief Justice (Singed 71 years, who died on April Joseph Kemp) and the Acting 10. There was no jury. Puisne Judge (Mr. Justice Lind- sell). The parties in the action. which will be commenced when the point before the Full Court is Bettled, are Mr. Choa Po Sien-and the Equitable Eastern Banking Cor-

poration.

The appellant was the bank, re- presented by Mr. II. C. Sheldon, Instricted by Mr. E. Davidson, of

Mesurs. Hastings, Dennys & Bowley, while Mr. Elden Potter, K.C., to

geater with Mr. F. C. Jenkin, in- structed by Mr. M. M. Watson, of Messrs. Johnson, Stokes & Master, were for Mr. Chea Po Sien.

amount due by him. The bank claims that the sum of $500,051.80

Dr. Keuncih

Uttley, giving medical evidence, stated that the injuries sustained by deceased were a deep cut on the right check, and bruises on the back of the right elbow. Two ribs, one on the right

side, and one

the left were

broken. The wife of the dend man aid her husband could see well.

He was not quite deaf,

Sub-Inspector.

HONG KONG DAILY PRESS, TUESDAY, APRIL 28, 1931.

STRIKE LOSSES.

APPLICATION BY CHOSEN

COMPANY.

REDUCTION OF CAPITAL,

CORRESPONDENCE. HONG KONG STOCK

Call letters intended for publica. tion must be accompanied by the

MARKET.

name and address of the writer,} CROUCHER & CO.'S DAILY I not for publication; unless so desir

ed, but as evidence of good faith.— ED.]

2.

AMOY AND FOOCHOW CABLE SERVICES.

DAILY PRESS."]

A loss of over half the capital of the Chosen Company, Ltd., of 90, Des Voeux Road Central, owing to the effects of the 1024 strike, was (To Tik KNITOR OF THE "HONG KONÁ referred to at the Supreme Court yesterday when Mr. F. C. Jenkin, instructed by Messrs. Lo & Lo.. made, an application before the Chief Justice (Sir Joseph Kemp) for a reduction of the capital,

The Company was incorporated on March 15, 1924, with a capital of $1,000,000, divided into 10,000 shares of $100 each. The Company had isated 7,000 of its shares and the sum of 100 had been paid up. By a special resolution, diy pass

at and confirmed

extraordinary

Srn,-Are you", awnro how the cable service to Amoy and Foochow as deteriorated during the last few months? Whero telegrams used to reach their destination in half an hour they now take toany hotira and sometimes several days. Enquiries

REPORT.

The market opened with n de- mand for all Stocks, Lands cajue, for particular attention, elqaing with: buyers offering 800 cash, 803 July.. Hotels were also wanted both for eash and forward at 8151 and $15.90 fine, Shares for spot delivery, are increasingly difficult to obtain

Electrics are wanted at $80;] Dairy Farms at 837, Telephones

were again weak with shares offer-

hands at 81.80. ing at 840. Underwriters changed

Banks and Unions were, neglect

at the Cable offices only elicit theed shares offering at 82,020 and information that owing to the gone, respectively. action of the Chines Telegraph Administration at Amoy and Foo

chov telegramis cannot be Gent C'heater Woods meetings, it was resolved that direct but have to circulate via said he went to the scene of theduced from 81,000,000, divided into and service is double of what it the capital of the company be re-Shanghai. And the price for this accident on the Saikung Road on the repart of Mr. Hawry. The 10,000 shares of $100 each, to $200,000, divided into 10,000 shares body was lying at right angles to

used to be

י.

I find this little less than sean- of 890 each, and that such reduc- tinlous and think it ought not to be The facts disclosed in Court were the road. Inquiries failed to pro tion, be effected by cancelling capital tolerated. It is true that we have that Mr. Chon Po Bien is asking duce a single eye witness except that has been lost or is unrepre- the wireless service to Amoy, but the

Mr. Hawes Witness asked Mr. for the return of securities lodged

sented by available assets to the Chinese Radin is as yet unreliable with the bank in order to secure

Hawes for his driving licener, but

extent of 880 per share upon each and even at ita best falls far short he replied that he lind not got one. an overdraft, offering lo pay

of the 7,000 shares which have been of the former enble service. Pre- $120,236.82 which he states is the Sergeant Clarke' said he saw n

issued and aro wheel mark about 20 feet from and by reducing the nominal Chamber of Commerce to take up, now outstanding. sumably this is a matter for the

amount of shares in the company's business with Northern porta is capital from 8100 to 820 per auffering badly through the slow share,"

and unreliable INGUNA of coin- It was also resolved that imunication.-1 am, Sir,-Yours and when the reduction of the tithfully. capital of the company as proposed in the above mentioned resolution is confirmed by the Court, the capital of the Company be increas

Sien

where the body was lying going in

is due, the difference being explain- a curve to the left from the crown ed by certain sums of money being of the road and eventually finishing wrongly credited to Mr. Chon Poup in a cultivated patch of ground. The distance from the body to where the car pulled up was 49 feet, the total length being 60 feet from where the wheel, mark started. The lady was lying across the track.

Mr. Sheldon explained these facts and stated that each side laid their ense before Mr. Justice Wood, and his Lordship decided that the issue As provided by the pluintiff should tried, thus throwing the onus on to the back. He argued that the onus was on the other side, and, in closing, mentioned that the last thing which the bank wished to do was to keep back any money to "which a customer was rightly en-

titled.

Reversed Entries.

Driver's Story.

Mr. W... Hawes said that on

.A. R.

Hong Kong, April 27.

China Providents opened with

buyers at $5.00, business being done

at 80.10 for June.

China Lights were much easier.| with sellers at 827) June and 820.00

eash.

Ewos were weaker on settlement

taken at Tis: 14.93.-- shares coming out and these were

To-day is settlement day.

HONG KONG POLICE RESERVE.

[ORDERS ISSUED BY THE HON. MR. E. D. C. WOLJE, GM.., INSPECTOR- GENERAL, OF POLICE.]

Inspection,

All ranks are reminded that a whole general inspection of the Polien Reserves by the Hon. I.P.G. accompanied by the Hon,, Commis.

to 8300,000 by the creation of 5,000 POIGNANT TRAGEDY. sioners of Police Reserve will take

new shares of 820 each, ranking for dividend and in all other res prets per prisen with the existing shares of the company,"

Effect of the. Strike,· The loss is attributed to the fact ainee The strike of 1025 the busi- ness of the company had been car- ried forward to the Profit and Loss Account and on January 29, 1930, the accumulated balance on the debit side of that account was 8380,000.

BROTHERS ·ATTACKED BY

SHOP FOKI.

ONE DIES FROM STAB

WOUNDS.

place at Central Polico Station to- day at 5.30 p.m. All members inst allend. • Dress-White Uniform. Belts without frogs and enp with white cover.

Life Saving Classes,

A class for life saving will be organised to take place at Police A poignant tragedy was enacted Headquarters Gymnasium. The in a small Chinese fat in Canse-inss will be in charge of Police way Bay Road on Monday morning Sergeant R. J. Hunt. All Police when a young Chinese, 65 years of Reservists who wish to join this age, was done to death and his ass are requested to send in their elder brother severely stabbed by

aames to their respectivo O. C's. not visitor to whom they had given later than April 30, 1931.

April 15 he was driving a car, be- longing to the Hong Kong Flying Club from the Aerodrome. He was travelling at about 20 miles per hour. When approaching. Field Cottage, a Chinese mule, who was walking on the left side of the rond, Mr. Potter, arguing on the ques-suddenly stepped into the middle tion of outs, seferred to a sum of of the rond, when he was about 8350,000 represented by reversed three yards from him. He sounded entries in the statement of account, Counsel said that this sum had the horn, applied both brakes, and been drawn out by Mr. Choa Fo swerved to the right. Ho telt the car | Hies, and the bank could only get it back not by reversing the enakid and then hit the man. The left

A large stock of 'goods, carried tries but by a decision of the trial side of the ear struck the man who by the company since the strike of judge that the money was due to

was thrown away and pot run over. 1925 was disposed of in 1920 at a them on any ground which they de sired to establish.. It would not Just before the accident he found great loss, and the Directors and! du for Mr. Biggar, manager of the he was in danger of going down the shareholders were fully satisfied

There will be no classes at the bank, to say I reversed the en embankment on the right side of the that the assets of the company, less stated that he was the secretary Police Training School to-day tries." That would, be absurd.

Counsel wth un to say that the road, and so turned to the left. its liabilities, could not, in any of the Shin Shening firia of 204, owing to the General Inspection. reversed entries should not appear He pulled up about 12 feet from the sense, be regarded as equivalent to Wing Lok Street, West, and that in the accounts and that in law they body in a direct line, but in a big the amount of its paid-up, enpital, his younger brother was employed

Chinese Company. were meaningless. Mr. Biggar's ex- planation was that the entries were half circle. The man did not look and that the deficiency of $500,000 in the Shu Wo firm of 44, Con- Annual Inspection. All ranks of wrongly made. The bank have to back before he stepped on to the or upwards must be regarded as a mught Road, West. At a late hour the Chiness Company are remind- prove that Mr. Chva Pp Sien was rond. He had no licence, but had permanent deficiency and ought to on Sunday night a man named that the Annual Inspection by indebted in the sum of 8350,000 in

addition to the $139,000. The bank, one at home. where he had been

had to show enose that they had driving for six years. The car was

right to reverse the entries, and

be written-off or cancelled.

a

shelter for the night,

The elder brother, in giving an account of the night's occurrence,

Police Training School,

Wong Nui came to the flat and the Hon. I.G.P. will take place to His Lordship, granted the appli- asked for a night's lodging to which day at 6:30p.m. sharp. Dress- White uniform, belts without frogs it was for them to prove that the only used inside the aerodrome cation, directing that the words the brothers agreed, the mere so

and cap with white covar.

accounts were wrong.

Mr. Potter eubmitted that Mr. Justice Wood's decision was right. Plaintiff claimed the securities and was prepared to pay $130,000. The bank's case would be that there were Beven wrong entries and the amount should be 8500,000. On that pleading the onus would distinctly be on the bank.

The Court adjourned until 10 o'clock this morning.

ROUSE'S VICTIM BURIED..

"UNKNOWN MAN" INSCRIBED

ON THE COFFIN,

Northampton, March 30.-The un known man whose body was found in the blazing car of Alfred Arthur Rouse was buried at dawn to-day in the churchyard of Hardingstone, 200 yards from the scene of the crime.

Although it is over four months since the tragedy, and over 2,000 Ietters relating to missing men have been received by the police, there ía stífi no clue to the identity of the victim.

The body was taken from North- ampton Hospital to Hardingstone Church in a motor hearse.

ground.

•

Summing up,,, Mr. Hamilton said that Mr. Hawes' description of the facts had been extremely frank, and what he had told him in the withess- box was a very common habit among Chinese. He found that the deceas ed met his death by accident. From the evidence before the Court he found that Mr. Hawes was not guilty of gross criminal offence, the doceased being to blame. He must, however, censure Mr. Hawer for driving a car on the public road without a proper driver's licence.

The proceedings were sent to the Attorney-General, for verdict.

GOVERNORS CALLED TO

CONFERENCE.

JAPANESE PREFECTURAL

CHIEFS SUMMONED.

Tokyo, April 20.-The Premier, Baron Neijiro Wakatsuki, to-day decided that all of the Prefectural Governors of Japan will meet here on May 17 to discuss future poli- cios.

"and reduced" be used for since he was a foki of the firta month, and that the matter be ad- where the elder brother was secre-

tary. vertised.

AN OLD RESIDENT.

DEATH OF MR. W. W. FOX.

We regret to announce the death of Mr., W. W. Fox who passed away yesterday morning, after a long illness, in his residence, &, Ying Fai Terrace, Caige Road.

Indian Company.

Annual Inspection-All ranks of the Indian Company are reminded that the Annual Inspection by the

Wong Nui explained that he had had some words with a relative of the proprietor of a firm and as a Hon. 1.G.P. will take place to-day result had been dismissed. That at 5.30 p.m. sharp, Dress-White was the reason why he had to acek uniform, bolts without frogs and a night's lodging in the house at cap with white cover. Causeway Bay.

Flying Squad, "Are You Had "*3,

Annual Inspection.-All ranks of reminded Wong Nui was given a bed in the the Flying Squad are front portion of the house near a that the Annual Inspection by the The lato Mr. Fox was 54 years spot where the young brother Hon. I.G.P. will take place to-day of age and was educated at the slept on a canvas bed. The elder at 5.39 p.in. sharp. Dress-khaki Diocesan Boys' School After brother retired with his family in uniform and cap with khaki cover, Thore will be no instructional serving a few years with Messrs. a cubicle at the back of the house. Jardine, Matheson & Co., Ltd., he took up the profession of a school master, to which he devoted prac-

tically the whole of his working

College and this position he held at

the time of his death.

At about 3.30 he was awakened by patrol for the Kowloon Section to a continuous moaning and on get day, owing to the General Inspec- ting up to ascertain the cause, was tion. stabbed in the back. He struggled

was, exclaimed: Wong Nui, ate of the Hong Kong Section will take with his assailant and, guessing who

The weekly instructional patrol

life. A few years ago, he was ap you mad?" There was no reply pointed assistant master of King's and the struggle ended abruptly Fince on Friday, May 1. Fall in at with the assailant dashing out of the Central Police Station at 5.15. the cubicle and out of the house..-- p.m. sharp.. Dress-Khaki uniform

There being no electric lights in the house, it was some time before and cap with khaki cover. the wile of the elder brother man- aged to light a candle and it was only then that it was realised that

Sharpañcolora Company,

Annual Inspection.-Every moth-

He is survived by his wife and seven children, including Miss K. Fox who is also on the staff of King's College, Mr. W. A, Fox, the younger brother had been badly her of the Company must fall in Secretary to the Hong Kong and stabbed. When medical aid was

forthcoming, life was pronounced at Police Headquarters at 5.00 p.m. Kowloon Cinema Co., Ltd., and Mr. extinct. The injuries to the elder to-day. Dress - Khaki uniform, The funeral, including the vicar who Administrative and financial re-H. L. Fox, assistant manager to brother, fortunately, were not of a tunics, shorts, pattees, black boots; performed the ceremony, his wife forms are to be urged and consider. Messrs. H. Skott & Co., and to serious nature,

The Only Wreath. The first part of the service took place in the church, and the service Was continued at the graveside. There were 17 people present al

and five police officers who gave evidence at the trial of Rouse.

The coffin bore the inscription *Unknown man. Died November 6,

1030

alle attention is to be given to the

problem of unemployment..

There are prospects that n fund There was only one wreath. It of Yen 38,500,000, of which the

The stabbing, it was ascertained, helts, pouches, holsters, revolvers, them much sympathy is extended.. was done by a fairly long screw rifles and caps with khaki covers.

The genial disposition and kind-driver which Wong Nui must have liness of the deceased had earned brought with him in a bag, which

clothing him a large circle of friends be bad explained, contained his The funeral has been arranged to The police were informed of the

Miniature Range -The Company

on the miniature range on Thurs Rifle Club will carry out practice

was of carnations and lilies, and was } Imperial Government will provide take place this afternoon in the occurrence as soon as possible, buty, April 30, at 5.15 p.m.

en 22,000,000, is to be created for Protestant Cemetery, the corthge as yet no trace has been found of

passing the Monument at p.m. the alleged assailant.

sent by the officers and constables of the Northampton and Daventry

divisione

the relief of unemployment,

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