1932-03-01 — Page 7

7

COMPANY MEETING.

HUMPHREYS ESTATE AND

FINANCE CO.

Mr. Henry Humphreys presided no the annual general meeting of the Humphreys Estate and Finance Co., Ltd, yesterday, when he re- "viewed a successful yoni's work.

Addressing the gathering.. the 'Chairman said: -

The profit is $201,811.15 more than the previous year, entirely due to the sale of property in Kow- Joon-without which the prot would have been somewhat less. Turning to the accounts, you will notice that instead of an overdraft ∙of $186,847.34 with our bankers last year we have now a credit balance of $313,713.14, partly due to sale of property and partly to the new issue of shares. The item under! the heading of Liabilities" Pre- mium on Now Shares" $125,000, your Directors propose to trasfer

as follows:-

$50,000 to Reserve Fund.

bringing this up to...$500.000 B40,000 to Typhoon and

Floods Insurance Fund, bringing this up to

...$100,000.

*35,000 to Building

Improvement Fund, bringing this up to $50,000 Amongst the Assets you will note that the item. "Sundry Debtors " which usually bonaist mainly "of outstanding rents, this year stands as the large figure" of $300.140.94 due to the sale of property in Kow-: loon not being completed. The pur- chaser is to complete to-day.

Another item of the Ansots, “In- reatments at cost $352,085.50 ap. pears in the accounts for the first time. The investments consist of shares in Hong Kong Companies which your Directors consider "gilt edged." As we were only getting one per cent from the Bank for our credit balance in current account we thought it advisable to get ai considerably larger return by pur- chasing local stocks.

Directors' Remuneration.

I do not think there are any other items in the accounts which call for comment, but I should like to mention that it is proposed to Increase the remuneration at pro- sont paid to your Directors and the allowance paid to your General Managers to cover office rent, salary of secretary and clerks. Although expensos have increased consider ably, these have remained the swine for very many years Due notice will be given in the Press when the dates for the Extraordinary Meetings necessary to pass auch Revolution have been fixed,.

I now beg to propose that the proât of $429,924.89 available for appropriation be allocated UB follows:--

Pay a dividend of 8

per cent, and bonus

of 4 per cent. on

150,000 old shares.$180,000.00

Pay a dividend of s

per cent and bonus of 4 per cent, on 50,000 now shares (Banking for divid- end se from May 1, 1981). Transfer to a Rebuild-

ing Reserve

Carry forward

40,000.00

150,000.00 ...59,024.80

$479,924.89

After the accounts have beon seconded I shall be pleased to an- swer any question in connection with the account, shareholders may have to put.

Seconded by Col.. L. G. Bird and carried unanimously,

TH

“HONG KONG

[BY LYER"}

1.--In the beginning stood a great

rock of expoeding barannoss and they who lived thereon wore bit fow' and of littlo worth.

3.And it care to pass that others

came from a dietunos and look ed upon the Rock and it seem- ed good to them,

3.Whereupon they did find cause to umite the few that were there and to take from them the land that was theirs and; on the highest point, as a sign to all men, they hung them a cloth, even of red and of white and of blue.... 4-And this place they called

41

HONG KONG DAILY PRESS TUESDAY MARCH 1, 1932.

~ and bidden to the great man's table. And, some of the fords. wero, good and more, there were who were bad, but always they tarried not, making their mark and departing them thence,

LEGAL CHANGES. HONG KONG STOCK

MR. FITZROY VACATES GOVT. POST.

i

18-There wore also sent many MR. LINDSELL TO BE PUBLIC

sarvants of the kind that is called 'vivil, so that they might build and do divars works that wore needed of the people and many more that were not 17-Now the survants mads

PROSECUTOR.

Mr. H. Somerent Titzroy, Publil Prosecutor and Assistant Attorney General, has severed his connection great Clamour, yea. even more with the Hong Kong Government than the Taipons, and then from yesterday, and, according great men hearkened unto them to his present plans; will" go into and fed them and for that private practice again. The post- which they did they received tion which he vacutes will be fill- many talents of silver and for od by Mr. R. E. Lindseli, who has that which they did not do been eating as Puisne Judge dur

ing the absence of Mr. Justice Wood.

even more.

17

Arriving in Hong Kong in the

of

Fitzroy 1994, Mr. middle

18.-And so that they should have pesce always, there were sent to protect them many soldiers and these also did the great was admitted to praction 2.4 men oft, times feed, but they (4 received not many talents of silver.

in Hong

Barrister-at-Law Kong in July, but in April, 1927, be was given the newly-erentad post of Public Promcutor, with his office at Police Headquartere

Mr. Fitzroy was called to the Bar in January, 1910, and prac tised until the outbreak of the

Hong Kong, whiop., being "in- terpreted, meaneth Fragrant Streama, but the wherefore no man knoweth, for of streams" Aro there

magy but of frag-19.--Other mon ako were sent to rance little,

protect the soldiers, and these came in great ships, whercop they lived, but on feast days ware these also allowed to visit the land and sit at the great War, when he served on the Ad" man's table.

miralty War Staff in the latelli 0.-Now the people divided them-gence Division and later as Mili-

selves 2

and the Loudest.tary Control Officer. 'Sub-soquent. "Clamours. "built themselvesly he acted as British Vice- Consul

dwelling-places on the topmost as New York. hill and they spažu not thoj} language of the people who Hived below, and knew them

noti

Now when they heard of this Rock in a far country which is called Britain many there were who would hie them thened and they made haste so that they might enter upon the lowermost tier.

-And the men from the North wars fastor" for they were no nother garments and their lugs were free, so that they got them first to the Rock and they took to themselves the best places and so that all might know whenes they came, they called the place of the least fragrance Abordeon

1.--And the people that did dwell

7-Now the Rock was nigh unto

the land which is called China. and many there were, yea nyen multitudes of the people of that country who found it good to come to Hong Kong and there make their dwelling, for they knew not the men of the North and thought, perchance, they might maka profit from them.

8.But Loud Clamours were they who came from the Far Land, evan those from the South as well as those without nether garments, and they all did sit

in the big places and take to themselves many servante of the Chiteee..

9-And, they did sit within their walls in great comfort, wuring rich gud fat, for albeit they tailed not, yet each appointed

Chinese of the first number to be hia steward and through him derived much profit. 1-Then the Loud amour, or

As some say Taipams, desired tą be over louder, and they brought from the Far Country losser Clamours as their bonds- men; and it came to pass that

ECHO OF JUNK SEIZURE.

EXTRADITION PROCEEDINGS

COMMENCED.

The authorities in Canton are

on the land that was neither up nor down spake not with them who lived upon the lower, most ground and knew themcking the tradition of Loung Cheung who is alleged to have been implicated two years ago when a junk was weized by pirates in Chinese waters near Canton.

nob.

It was rumoured, moreover, that other people there were who dwelled noross the water, but these no man kneweth and, of them, men spake only in whispers.

-Now the mon who had taken

to themselves wives desired some place wherein they might

MARKET.

YESTERDAY'S OFFICIAL

QUOTATIONS,

Quite a few buying orders were in evidence at the opening yoster- day morning, thus imparting a steadier tone to the market.

Axles.

Dafon Insurance 8407): Wharves $153. Hotels (Old) #13.40. Cements (Combined) $10,35.,

Buyers.

Douglases $25) Hoteli (Old) $13:25. Chinese Estates. $95.

Hong Kong Trams 820). China Lights (Old) $19.30. China, Lights (New) #18.80." Singapore Tractions (Praf.). 14/-, Cements (Comb,) $18,35, Dairy Farms $204. Amusements $19.23. Government Loans 3 per cent. premium."

Doole. $29, Realties $11.

Sellers.

· AFTERNOON SESSION.

A Fow further sales have been. reported at slightly enhanced rates, otherwise it has been a quiet. market

Bales.

Wharves #153/153). Lands $73,"

* Dairy, Tarma. $30.

We have just received a large

2

selection of

SPRING

SUINNGS

From

London's Fashion

Centre

They are in all colourings in Worsteds, Serges, Flannels, also Palm Beach. We invite your inspection or patterns will be willing sent upon request.

Our Tailoring leaves nothing to be desired the Style and Fit being Guaranteed.

Wm.

POWELL, Ltd.

Tailors and Breeches Makers

10, Ice House Street

China Lights (Old) $191.

PIANOS

FOR SALE OR HIRE..

Buyers.

Hong Kong Trams $20).

* KWAI - SIAT."

9

Extradition proceedings against the fugitive were commenced at. Central Magistracy yesterday. The charges include armed robbery, piracy, kidnapping and attempting CHINESE PLAY BY BELILIOS they built them a palace of to destroy and ink the craft con. cominunion, and there they cerned. In view of the gravity of gathered each day to improve the allegations, Mr. Schofield, re- their minds sad their bodies

most to aponk the story, and

and there was great content fused an application for bail mada amongst them.

by Mr. Hin Shing Lo on Behalf 24-But the women were exceeding of the accused, remanding him un

wroth and smote their hustil Thursday morning, bands with their tongues O that there was no peace in the

19

Mr. T. Murphy, A.S.P. indicat

home until there was set aparted that Mr. B. E. Lindsell would a pince in the palace of com- be appearing for the Crown. munion wherein they also

could unfold the narrative and

bring to the light of day the

wickedness, of "othera

25-In the fulness of time, there

CASE. DISMISSED.

LAUNCH ENGINEER GETS BENEFIT OF DOUBT.

SCHOOL GIRLS.

The Great Hall at Queen's Col lege presented a very happy sceNE last evening when the girls of the Belilios Girls' School presented a Chinesa play entitled “Kwei Sai?”. There was a very large gathering present, amongst whom were Lady Kelly, Mrs. W. T. Southorn, Mr. and Mra G. P. de Martin, Mrs. Kotewall, Miss Kotewall and Miss Skinner (Headmistress of the. school),

came to the Rock one ford to govern and with him brought ho his wife who exceeding good

. Prior to the concert, tea was serv- and she did look to the young women that they wore garmente

Before Mr. Fraser at Kowlooned to the guests who afterwards of wool nigh unto the skin and Magistrucy yesterday, Kwok Tim; adjourned to the Great Hall hon she tended their souls and all an employes on the G.P.O. Launch thay, were delighted by the fine act- the maidens rejoiced greatly. No. was charged with possessioning on the part of the girls. The Then she departed elsewhere. of 44'guany bagu 28.-Another lord there came who tender on the launch and since de- Marty and the way in which it was The bags wars found by Mr. Chit play was produced by Madame did tell the people all that he did, yes even did he tell them fendant could give no satisfactory executed spoke volumes for tho of all who fed at his table.

account of how he came to be in

there was much noise and And those that, fox at the tab Possession of them, he was handed amount of work she had put in.

blowing of wind instrumente in the Land.

11.-Now S-UEND there

who

thought they would speak eveni na the Chinese, and they took | stepa, But so it came that in the end, the language that 'was spoken was like, mito that of the land which is Portugal. 18.-After a time, there enme

the Rock women of exceeding friendliness towards all mon and some even of the Loud Clamours took unto themselves. wives of these, and straightway these became themselves Loud Clamours and forget them whence they came."

13.-Thereupon athers of high

The Hon. Mr. C. Gordon Mackie, Mr. J. Scott Hurston, and Mr. J. M. Alvos were re-elected Directors |-- inn the proposal of the Chairman,

seconded by Mr. Frank Austin.

Mr. M. Manuk proposed, and Mr. D.. E. Clark accorded, the re- election of Messrs. Percy Smith, Seth & Fleming and Mesara. Lán; | stead & Davis as auditors. · Oarried

nem-con.

The meeting terminated with the announcements that dividend war rants were ready for issue.

Amongst them present were the following:--Hon. Mr. C. Gordon Mackio, Mr. J. Scott Harsion and Chev, J. Alven (directors), hir J. L. Quis (secretary), and Col, La. Bird, Messrs. M. Manuk, Frank Austin, B. E. Clark, J. D. Humphreys, C. Bernard Brown, D. V. Stevenson, and H. R. Forsyth (shareholders)...

こ

estate adid unto themselves it is not good that we should live alone and, they besought them whom they might wed. So it came to pass that those who tended the sick and also those who cared for the infants were sought and men, yes sten those of the Uppermost Peak, Tell for them and took them to wife.

14-Then there was much erging and lamentation in the land for all the women forget them the lowliness of their begin- ning and sought always the highest place afid thers was no penor anywhere, 15-Now Trom the Bar Country

J

were sent great men to be lords of the Rock and each man was greater than the last and when be cause all the Lourd Glamours maised their "voices

so that they might be heard

of the lord bore themselves proudly, but those who fad not there wept and gnashed their teeth, yea even the women gnashed the teeth. 28.-Now whilst men sat in their

i3

over to the police.

Mr. F. X. D'Almada, spr., in- formed the Court that the bags be- longed to defendant's aunt who could not keep them in her boat, as it was too small. The aunt, giving evidence, corroborated this state- ment.

work-dwellings there would come, to them in fery chariots His Worship discharged the de- others who would haste to in fondant but added that that did not form them that trouble had, be mean that he believed his statement. fallen the silver talents and There was a" doubt and the defen- straightway would get them | dant was entitled to the benefit of it. thence. And great men were these, so that, all in the land made way for their chariots. And there came to the Rock large fishes, the name of which ia forgotten, and they dwelt in the house of ice, but it cooled them not.

30-Now it came to pass that the servanta conspired together- and said the one to the other, that the lords required too much of them, and for that which they did they received but little silver, wherefore they said we will not work, and straightway they did go their ways to a far land, Jew and even more far.

31.--Thon the great of the land wors

made to work and many things they did that liked them not and even the women must soil thair lily white hands even as they had not done since they had left the doorsteps of their forefathers in the lands of Toot, and of Bol, and of Hami, 32-After many days came the ser

vanti back for they were of good heat and, liked not to haar of the sufferings of their Jords, and the fowliest of 'thó servants were acclaimed with (Continued at foot of next column.)

43

great rejoicings and they were given. wreaths of violets. 33-Now the rich man got them

animals of four legs and did matoh them to run the ong against the other for many talents of silver, and they would got them up before the dawn and bie them to the vales. -of Happiness and there would" they watch with great care how they should run, then would

they go away rajoicing or per- chance sorrowing

34--And when they had got them thorice, the slaves would get them "together, and they would talk much of this horse and of that and which one, would be foremost and it was so 35.-Now some there wore who tasb- ed not the large fshes nor did they put their faith in the men with the Gary chariota; neither chid they hie them to the wale of Happiness for the sport that there was or to reat there in, wherefore they came at Inst again to the land of their fathers, but this they liked not nor tarried there, but departed to the land of El which is like unto the Book in the Afta Snow

COMING SHORTLY TO THE KING'S

A Lover by Day... At Night a Fiend

DR JEKYLE

MR. HYDE

With incom

parebit tar of *The Rotul Family "p | ported byzsár of

Loves 100

Fredric March

Miriam Hopkins

Bose Hobart

ANDERSON PIANOS

TUNING

REGULATING

REPAIRING

THE ANDERSON ·MUSIC CO., LTD.

Ion House STREET

TEL. 21822.

CADDY BAGS

$0.50

UPWARDS

LARGE & VARIED RANGE

LANE, CRAWFORd, Ltd.

SPORTS DEPT.