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The
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inystery concerning the
IN BANKRUPTCY.
OBJECTION RAISED TO A PETITION.
ASSETS OF TWO MISSING DEBTORS.
the
Chief Justice (Sir Josph
A creditor's petition against Li departure of H. M., Sterling from Wai Tong and Li Wai Lam, des here on Friday night has beci ribed as father and son, who hand TOKYO
IMPERIAL HOTELcleared up, the explanation being been in business na brokers, was MARUNOUGHI
that the destroyer went out to reopposed by the Official · Recelyer, HOTEL
lieve the Somme or piracy patrol Mr. E. 1. Agassiz at the Bank- OMORI HOTEL ToXTO STATION in Bins Bay. The latter left for rupter Count on Saturday before
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Hoihow anddenly upon receipt of news of heavy fighting in that port between Canton and Nanking fe tions. It is understood that th small British community were evacuated by the B. & King Yunn on Friday but were disem barked the following when her tilities coused.
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NOW ON SALE
The
CHINA YEAR BOOK
-1931
EDITED BY
H. G.-W. WOODHEAD, C.BE.
"A Mentor Superb......It is not an exaggeration to my that the "Chinn Year Book" is one of the most remarkable productions of its kind in the world......No-one who pretends to desire to discuss or study affairs in China can afford to do without this book."-North-China Daily News.
The China Year Book" as it is presented to-day, is a volume that no nowspaper, commercial, government, in fact any office can do without."-China Press,
There is no singlo work containing such a mass of varied and most useful information on things Chinese as the Chin Year Book." Similar publications exist in many other countries, but fow can compare with, and none excels, the latest issue of this work."-Finance & Commerce.
ON SALE AT
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AND
COMMERCIAL PRESS, LTD., Canton.
PRICE: $20.00
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"KIWI" Is the Acknowledged STANDARD of QUALITY & is Universally Appreciated in BLACK, TAN, PATENT LEATHER, LIGHT TAN, DARK'TAN, NIGGER, OX BLOOD & BROWN,
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Kemp.)
The petitioner, Lo Kai HonZ, alleged that debtors had assets to the value of 87,300, one of these being auid to be a holding of 81,800 in a Chine company and another being the calance of money oying on a contract with the Po Hing Theatre. Petitioners claim amonat
Upon information being received here to the effect that fighting had broken out at Hoihow, H.31.S.ed to $110. Somme was immediately "despatch. ed to that port, arriving there at 10 a.. on Saturday. As far as it is known, there is a very small foreign community resident in 'Hci- how atid all person are reported to be safe. The Somme has, however, been ordered to "stand by " ́until further notice.
Fighting at Holbow.
⚫ Hostilities began about four days ago between the Po On Doi troops and the Cantonese forces.
The former, whose headquarters are at Hainah, were organised by Chan Ming Shu, and age, said to be in favour of President Chiang Kai Shek. Only one reginient was Atationed at Hoihow when the troublé broke out.
WILY
After examination by Mr. F. X. 'Almada, the petitioner cross-examitul, by the Offical Re coiver. Petitioner said that in hin opinion the debtors were actually partners and they divided the profits between them. The asset of | $1,800, he had been informed, was a joint one. Witness admitted that he had received much of his in- formation shout the debtors from his brother-in-law and other people. He had no eren the debtors since a judgment was delivered against them in connection with the Po Hing Theatre contract
Grounds for Opposition. The Oficial Receiver said he was opposing the petition and tho granting a receivnig order on two ground. In the first there was no proof of any joint assets,
Recently the Po On-dei"revoll ed" from the Leftist cause, and a contingent of Cantonese troops was despatched to disarm them, and to reorganise conmletely the Po Onor was he antisfied that the deb dei forces, if possible, without bloodshed. It now seems necessary that a ganhoat will have to be dispatched from Canton for this purpose.
DONÁTIONS TO THE
UNIVERSITY.
STATUTES AMENDED.
RIGHT TO NOMINATE
STUDENTS.
Particulars of amendments in the Statutes of the Hong Kong University are contained in the current issue of the Gazette.
These provide that a subscriber of 850,000 or more (previouly $10,000 or more) to the funds of
tors were partners, or joint trad. ers. Further, the evidence as to assets was absolutely worthless.
The asset for 81,800 alone could be admitted, at information in his
possession showed that it was au asset of Wai-tong personally,
The Po Hing Thontrò amotut mentioned was useless, as Li Wal- tung had en subject to an action. which prowd that in fact he owed money to the alleged debtor is the affidavit, Judgment had been given against him in the case, with costs. His Lordship asked if there was any evidence to show that the $1,800 asset was actually one of Li Wai-tong personally. The Official Receiver replied that an official of the company in question could be
He asked for the petition to be dismissed.
the University Endowment Fund | entled to give evidence, if required. shall have the right to nominato one scholar to study at the Uni- versity as an undergraduate with out payment as provided in paM- graph 4 of the statute provided such scholar is, duly qualified an required by statuto 21.
For unch additional sum of 850,000 (previously $10,000) aub- scribed to the Fund another scholar may be nominated by the subscriber on the same conditions provided that the number of schb- lara nominated as aforesaid by any one subscriber shall not exced
four in number at any one time.
Any city, town, or village in or out of China may exercise the like privileges of nominating free scho- lars, but scholars can only be nominated by the representatives of the subscribers properly credited to the satisfaction of the
Council.
After kission on the point, his Lordship made a reediving or der agains, Li Wai Tong, amend- ing the petition hy striking out the name of the other debtors
,。.
Extraordinary Application."
The Official Receiver opposed what he called an "extraordinaty application," which was made by Mr. E. S. C. Brooks on behalf of Chung Chuleo.
Mr. Brooks applied fer the bank. ruptcy petition to bo withdrawn, explaining that creditors had con, sidered the matter and were will ing to let debtors try and rehabi The right to nominate scholarslitate himself, so much so that without payment shall comprise the they were prepared to trust him right for the scholars to attend the with further contracts. University without payment of tui-.
Froe Tuition."
tion fees only. Provided always Tho Oficial Receiver said that that the total number of scholars such a procedure would violate attending the University at any the principle of the law of pay- one time without payment of fees
1931.
ed the general basis of bankruptcy
NURSING BOARD.
pointed by the University of Hong Kong. Members shall be appoint ed for a period of three years,
nw, and, in his opinion,, the ar rangement would not enable debtor | REGULATIONS PUBLISHED IN Should may members of the Board
to rehabilitate himself in trade as
' GAZETTE, he would have claims hanging over
Regulations under Section 4 of hin hond All the time. As the it the Nurses Regulation Ordinance, terests of the public'had to be con. 1931, are published in the Govern -sidered, as well as those of erediment Gazette, tars, he thought it was a case where the bankruptcy should take its or The application dinary course. would be dismissed and judication would be granted."
The Board shall consist of Reven members, vit:→
+
die or leave the Colony during his period of appointment his place shall be filed for the remainder of
his terra of office by a member ap pointed by the amino authority na appointed the deceased or absent member. The Director of Medi cal and Sanitary Services aha.i be the Chairman of the board.
Qualifications of nurses to be en-
The Director of Medical and Sanitary Services; the Principal. Matron of the Government Hospitared on the register are detailed, tala; three members appointed; by the Governor and two members ap-
also syllabus of subjects for ex- amination for the certifiente of { general nursing.
Grand Macnish
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ment. He stated that debtor filed that is one of the outstanding achievements in the industry. his petition on June 14 as a pro
For tuition, board and lodging, shall not exceed 30 in number un- tection against a Bugimary Court less the Council shall from time
judgatent. It was shown that 35 General Electric offers you the widest range of refrigerating, service ice cubes, four different
zones of temperature, sliding shelves, small operating, and a score of other advantages.
croditors, who were treated an one, had agreed to accept 10 per cent in cash and 20 per cant. by notes of acknowledgment to be paid by instalments within Jour. years Another ten had agreed to post- pone their claims.
to time determine ɑthorwise. · ·
The period during which sub- scribers shall havo the right to nominate scholars without payment shall be limited as follows: (a) In the case of individual subscri- bore during the fo-time of the subscribers; (b) in the case of firme or corporations or cities, towns or
Application Dismissed. villages in or out of China, who subscribo during such period as most improper one and bo naked
The application, he said, was may be mutually agreed between that the application be dismissed the subscribers and the Council at and adjudication granted. the time when the subscription is
made.
Mr. Brosks remarked that the
An individual subscriber of a judgment against debtor did not sum of 850,000 or more shall be seem to have any application, bo entitled to become a life member cause, if he petition was with of the Court of the University, and drawn could be enforced against to have a framed portrait or bust of himself erected in the Hall of the University under auch ein- ditions as the Council may deter
mins.
him.
His Lordship anid he thought it was a case in which rare for the Application should not be given. The propald -arrangement violat
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