1936-07-18 — Page 6

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HONG KONG DAILY PRESS, SATURDAY, JULY 18, 1936.

REORGANISATION

SCHEME APPROVED

BANK OF CANTON'S

AFFAIRS

PETITION BEFORE

COURT

A scheme for the reorganisa tion of the Bank of Canton. Ltd., and the reduction of its capital, was brought before the Chief Justice. Sir Atholl Mac. Gregor at the Supreme Court yesterday, when the petition for sanctioning the scheme was approved.

Subject to an amendment where by the 30.000 shares at $10 to be subscribed within three months be incressed to 50,000, and the cap tal was allowed to be redacca from $8,665.600 to $1,083,200, made up of 216.640 shares of $5 each the scheme was approved.

41

'Mr Leo D'Almada, nr. in structed by Mr. C. D'Aimada. ap- peared for the petitioning 'credi- tors, and Mr. H. C. Macnamara,

the uncertain future of the Bank. The report stated that the Bank could only make 7 per cent. pru- fits, and he submitted this was only a conjecture. for the Bank might be able to make 20 per cent. profits,

MAN'S DEATH PROBED

EVIDENCE CONFLICTING

Friends Disappear

The inexplicable presence of a small abrasion over the left ayebrow of the deceased, was the determining factor which the prevented the jury at Central Court yesterday from

In reaching a verdict the Inquiry into the death of one, Ah Choi, who died in the Tung Wah Hospital on May 29. Mr. Burgess sat as Coroner and

"I the prospects of the Hong- Long and Shanghai Bank, with its $10,000,000 building, were only .7 per cent pronts this would cause the jury empanelled were: MessrN considerable amusement in bank-D. A. Montalto (foreman),

ing circles." said counsel.

The report further stated that full information concerning the position of the Bank had not been put before the creditors at the meetings, and counsel submitted that the reason for this was that the date was not available at the time.

Mr. Macnamara said that as all the technical steps in regard to the reduction of capital had been taken, he would not deal with them any further..

Referring to the scheme of re- instructed by Mr. D. B. Evans, reorganisation, counsel said it was overwhelming presented the Bank in support of the petition. Mr. J. B. Prentis, supported by an Official Receiver, and Mr. S. Hamp majority of the creditors who were den Ross. Special Manager of the Bank, were also present.

Mr. D'Almada said the petition was to ask the Court to sanction the scheme of reorganisation and to confirm the reduction of capi- tal The bank, said counsel, was

the best judges as to the wisdom and unwisdom of the plan. As the petition was not opposed, he submitted it should be granted.

His Lordahly enquired if it would have any effect on the scheme if he were to adjourn the petition in

Lee

Around the Courts

LOFTERING IN CEMETERY

Chung Chul, 18, unemployed was charged before Mr. W. Schofield at the Central Court yesterday with loitering in the Roman Catholic Cemetery. Happy Valley, at 5.40 | am. on July 15,

Det. Bergt. Dowman said... that the defendant was seen,' by the gardener to scale the wall. Defen- dant was later found hidden” be- hind a tree. He was detained. There had been complaints of flowers being stoler.

Defendant

$25.

STOLE FROM A TRAVELLING TRADER

WAITER CONVICTED

Chun Cheung. a waiter, living at No. 1, Upper Lascar Road, was charged before Mr. Burgess at the was bound" over in Central yesterday with the larceny

BANISKEE Sentence of eight months was passed on Luen Cheung, a return- Yook Tong and M. A. Games.

Det-Sergt. Riddell said that theed banishes when he appeared be- two friends of the deceased could fore Mr. W. Schofeld at the Cen-

tral Court yesterday. not be found and their evidence

Defendant was banished for 10 could not, therefore, be taken.

Dr. R. S. Begbie, Medical Officer years on April 10, 1934. of the Victoria Mortuary, stated that the body, of the deceased was admitted to the Mortuary on May 30. It was identified the next day as that of A Chol by named Lam Ping.

3. man

FALSE COLOURS

Che Shu-pak, alias P. C. Chak of No. 197 Nathan Road, ground floor, was summoned on remand before Mr. E. Himsworth at the There was a small abrasion over Kowloon Magistracy yesterday for the left eye and the deceased was wilfully and falsely taking or using

a name or title implying qualifica suffering from early lobar prey-

affecting both monia,

lungs, tion to practice medicine on June Death in the opinion of Dr. 21, Det-Insp. A. H Elston ap-

of. the skull and cranial timated that defendant was not Begbie, was caused by a fracture peared for the prosecution and in-

haemorrhage

Present in Court.

TIC BECOME occasion that the case has had to be re- manded.

It was posible that the fracture of the skull was caused by a fall when" overcome by faintness

Dr. Y. F. Ip. resident doctor of brought about by the pneumonia the Tung Wah Hospital said that male was brought in by a Chinese

Inspector Elston said that a constable who was sent to reissue the summons, reported that the

incorporated in 1912 and carried / order to allow the creditors to re- on May 28, an unknown Chinese "doctor" had vacated the premises.

on successfully, increasing its capi- tal and its number of branches from time to time. until Septem- ber 9, 1935, when it found itself un- "able to meet payments and had to put in a petition for winding-up. At that time the Bank had tran- ches in Canton, Shanghai, Bank- kok, Hankow and other places. in China, as well as in San Francisco.

THE DELAY

consider their decision in view of the information now available.

Mr. Macnamara replied by say- ing that such a course would be fatal in view of the long delay and the heavy expenses.

INCREASE OF SHARES

in view of the overwhelming majority of the creditors in favour of the scheme. His Lordship said that he could not refuse the peti- Because the Bank had brantlom, although he would like to ches in two Continents this ac- make an smendment to the counted for the delay for the scheme, namely that 30,000 shares winding up and the drawing up of at $10 each to be subscribed be the petition Shortly after the increased to 50,000. If the shares petition was filled the local credtors

were not subscribed within three of the Bank in collaboration with months a compulsory winding-up some of the creditors put forward order would be made.

scheme for the reorganisation and decided that it would be best for all concerned that preliminary meetings should be held before any attempt should be made to obtain the necessary sanctions of the Court.

These "teeler" meetings resulted

constable.

There were no external injuries on the man. The patient died ou May 29 and was sent 10 the public Mortuary.....

Questioned by the jury, the doctor said that there was no - bruise on the left eyebrow and the man, never regained con- sciousness.' When' be was found dead on May 29 thare was: no bruise on the eyebrow.

answer to a question by Bergeant Riddell witness said that the deceased had been lying' on a matress on the floor.

In

His Worship then asked the jury to retum a verdict. They retired for about 15 minutes and He expressed regret that he was when they returned said that ac- unable to postpone the hearing of cording to the evidence of Dr. the petition so as to enable the Begbie and the doctor of the creditors, to reconsider their decl- Tung Wah Hospital, they

ion in view of further information unable to determine how the now available, birt he felt conf-wound came in the skull or cause dent that, with the publicity given of death. They returned a ver-

were

In an overwhelming majority in to the petition, they would have dict of Death in the Tung Wah

time to study the matter and it Hospital of a cause unknown." favour of the scheme and the re- ault was an originating summons they desired to changed their heard before Mr. Justice Lindsell minds they could do so by not sub- who gave directions as to the call-scribing to the shares,

ing of meetings and the necessary requirements. Similar directions,

were

it might be recalled, were given to the National Commercial Bavings Bank and the Ka Wah Savings Bank in their schemes of reorgani- sation "which

presented a short time before the present one. In both these cases the meetings "were held and the schemes salic-

tloned by Mr. Justice Lindsell.

REQUIREMENTS CARRIED.

OUT

Mind

BURGLAR CAUGHT

PETTY THEFTS TRACED

All the requirements were car- Gaol Term Imposed

ried out although there was a long interval of time between the notice

WOUNDING CHARGE

ASSAILANT IN DOCK

Case Remanded

The case was remanded for a further two days. A warrant for arrest was ordered to be issued.

+

of a quantity of goods valued et $140 from Chun Man Kwan, 3 travelling trader.

Mr. W. M. Brown appeared for the defendant and pleaded guilty.

Det.-Sert, Mann said that the complainant came back from America three months ago, leaving some of his goods over there, "to be" brought to Hong Kong later. They were brought by a

re-

med Chun Chut Yue, who when he arrived could not get in touch with the complainant as he had gone to Canton. The goods were in suitcases and left with the de-. fendant. The complainant turned and when the suitcases. were opened goods to the total value of $140 were missing.

Defendant was aned $80 or six weeks and ordered to make amands of $60.

EVIDENCE ADHERED TO

Extradition Care

The extradition proceedings. against Yu Láp-tui, alias lú Chi- non, altas Li Shek-you, were con- tinued yesterday afternoon before Mr. W. Schofield at the Central Court

VICIOUS ATTACK Cheung Lin Tung was sentenced The allegations against the de- the six months' hard labour at the fendant are that on July 23, 1931, Kowloon Magistracy yesterday he murdered Tonk U Lo, Becretary when he appeared before Mr. E to Mr. T. VBoong, Minister of Himsworth charged with a vicious Finance, in the North Railway attack an Sze Hok Chun. The Station, Shanghai, and did attempt azydk complainant spent some weeks into murder Mr. T. V. Soong, hospital as a result of the injuries with others did conspire, confede he received. Detective Sergeant Ft. Frate and agree to murder V. R Elis prosecuted.

ASSAULT AT TAI WAN

INCIDENT RELATED

IN COURT

An altercation between several Portuguese boys and several fokie"

Soong and did solicit, encotirage, perstiade or endeavour to persuade another person or persons to mur- der Mr. T. V. Boong.

Mr. D. L. Strellett is conducting the case for the Crown again and Mr. P. H. Ein represented the fu- gitive.

تم

The Crown case was that defen- dant with five others shot at T. V. Soong at the North Station, and instead killed their intended. `vic- tim's secretary, who was walking by the latter's aide during one of his visits to Shanghai. Defendant

of the Tai Wan Public Bathing was seen to are the first shot in took Beach, was related, to Mr. E. His the shooting affray which worth at the Kowloon Magistracy plate in the station and immedi- yesterday when Mario Gill, 18, ately after that the secretary clerk, of No, 16 Granville Road was Tong, dropped to the ground” and charged with assaulting two Chin later succumbed to his injuries. ese Yau Wong, 29, and Lau Yee-hol, student, on July 4. The assault was alleged to have taken place at about 9 p.IL-

Sub-Inspector. P. Kellett appear ed for the prosecution while Mr. M. A da Silva was for the de- {ence.

Defendam and two other Portu-

Luk Yau Tsol, of the Shanghai Railway Police, was yesterday sub- lected to the cross examination of Mr. Bin. It will be recalled that after describing the incidents at the station, witness had been able to identify Yu Lap Ful, by photo- graphs as one of the assailants."

STABBING CASE Culprit Gaoled

Pleading guilty to a charge of bodily

Relating the facts of the case,

Despite the cross, examination, A sensational stabb attair in Hung Hom district shortly before the prosecuting officer said that Luk Yan, Tsol adhered to him evid- one of the complainants was a ence-in-chief. The case was ad- 11.15 am on Thursday resulting in four persons, one of whom was fok of the public matshed, whist Journed.

Both a three year old girl, receiving the other was a student. Arrested bitering outside No. 127, serious stab wounds, had a sequel were swimming at the beach on convening the meeting and the Robinson Read on July 11 resulted at the Kowloon Magistracy yester- the night in question. meeting themselves because of the in Chung Cheung, 27, appearing be day, when before Mr. E. Himsworth fact that the American creditors fore Mr. Burgess at the Central So Hung, 58, master of the Bungguese boys attempted to take a had to be consulted.

Court yesterday charged with (a) Kee Barber shop, No. 77 Bulkeley boat for a row which was being Continuing, counsel said that al-} though ample notice had been loitering, (b) the larceny of a all-Street, was charged with "malic-housed under the matshed. It was given to the creditors, none of ver powder bor, a silver mounted fous wounding, with intent to locked and the foki told them that assault causing grevious

mirror and a silver shoe hom the main, disgure or disable, four it was impossible to take the boat, harm, Chat Yul was sentenced to Nole Agents-HUNG CHEONG them had come forward to oppose property of Dr. Gazdar residing at persons residing in the rear pre- following which a guarrel ensued three months hard labour when

the petition. There was, however No. 87, Bonism Road and (c) theThe victims were;

mises of the barber shop.""

A Portuguese named Rosario, he appeared before Mr. Burgess at who was not being charged in the the Central Court yesterday. something in the way of a obinrcery of one chromium plated Kwok Rang, 31, male, principal case was asked by complainant to Mr. DH. Blake appeared for. lection. namely the report of the clock the property

toperty of Mr. W. A tenant, No. 77, Bulkeley Attest; go to the station but he refused to the complainant, Pang Chor Yin. Official Receiver. The report Balter living at No. 185, Robinson sapering from stab wounds an do so. He possessed a bicycle and a banker ving at No. 5. Holly- counsel aufmutted, could not have Road. been put on the Ble," because there

both shoulders and back.

made as if to ride home. Com Wood Road Det-Bergt Marin was was no winding-up by the Court on June 2, Dr. Guzdar reporter them the breast Her condition is stop him and held the machine.

Sub-Inspector Kirby atated that Fook; 23, his wife; stab wound plainant (the fox) attempted to for the Police.

Mr. Blake stated that the com. and the Omcial Receiver therefore larceny at his house. On July 10, regarded as serious,

at the same time called out for plainant was a cousin of the de- had no jurisdiction to make such Mr. Salter reported the larceny at gue mother of Kwok assistance.

fendant and on June 11, the de- a statement. The objection p his house. On July 11, the deren Hung wound on the shoulder:

Mario Gill (defendant) went to fendant went to the complainant's parently came from a party or dant was seen peeping into a win- Ewok Chi-top three-year-old his friend's assistance, and it was house and asked for a loan of $30 partes interested in the winding dow at No. 127. Robinson Road daughter of Kwok and Li Fook: alleged that he struct complainant. This was refused and the ap of the Bank in the sense that when questioned he said that he stab wound in back

a severe blow over the eye. The plainant came back again later he stood to gain by it.

His Lordship: Whom do 70% which he had been told to remove for the presecution. The cable was who was standing nearby and fered a few dollars, which defend- was looking at some furniture Inspector A. EL. Piston appeared second complainant, a student and again was refused, but was of-

Upon inquiries being made the remanded til Monday.

had not taken part in the quarrel ant then refused, defendant admitted to the two As already reported in these was also set upon by Gill for no Defenderit then left the room

and returned with a knife previous incentes and took the columns, accused was prevented reason whatsoever. His Lordship: But he is an Police to a shop in Lower Lascar from esusing any further injury Lau Kwan Yau ran to the which he stabbed the official of the Court Is it not Road where the clock had been by Mr. Long of the Hong Kong † station and made a report follow ant in the right lower sufficient to say that the only in sold for $2 The silver articles of and Yaumáti Ferry Company Ltd ing which defendant wax arrest-knife was one of those used in the formatien before the Court, which the doctor had beet melted down who happened to be Tasting at the 11 any sense critical to the fat a shop in Circular Path where time la His car, Together with scheme was by an official of the they had been sold for $9. Chinese constable C 644 accused Courtă-ne

HONG KONG BENEVOLENT SOCIETY

MEN'S SUMMER CLOTHING ARE URGENTLY REQUIRED

DAILY PRESS BUILDING Mondays & Thursdays.

mean?

Counsel: The Special Manager

BEMARKS, WITHDRAWN

Counsel If your Lordship ob Jecta to my remarks. I will with- draws them

Counsel then went on to read

Inspector Kuby added that the war ken defendant had styen the Police Latest overy assistance in recovering the Hospital!: articles, tudi premier 7. Kuok Chi Tong, lyin

her: thöther? Defendant was sentenced to

the report of the Orcial Receiver total of eight months on the three and said that it dealt mainly with chai

edhe

The

said tening in amah at the

Yau Wong, describing himself as a tea hauger, in evidence that he was employed at the He var vietáined in Bospital days ak a 'result of in th

Followi

threa

pant went into the wit 12. ness box and corroborated the case