1941-05-30 — Page 8

PAGE 8-HONGKONG DAILY PRESS

·

GENERAL

LAMMERTS AUCTIONS LAMMERTS AUCTIONS $12 MILLION REVENUE

IN THE SUPREME COURT OF

HONG KONG

Original Jurisdiction..

Action No. 26 of 1941.

PUBLIC AUCTION.

HE Badersigned have received

instructions

THE

BETWEEN

Cheung Hlu Tong

Plaintif

and

Yiu Yuen

Defendant

PARTICULARS AND CONDITIONS. OF SALE

of

The Defendant's equity of re- demption" in the valuable leasehold property situate at Mongkoktsui in the Dependency of Kowloon in the Colony of Hong Kong and re- gistered in the Land Office in the Kowloon Iu Yuen as name of Inland Lot No. 3009 and known as No. 185 Fa Yuen Street.

To be sold by Order of the Court made in the above action

by

PUBLIC AUCTION.

on

WEDNESDAY, the 4th day of JUNE, 1941

at 3 o'clock in the Afternoon

by

Messrs. LAMMERT BROTHERS,

J

Auctioneers

11

14

to sell by

PUBLIC AUCTION

[2]

Friday the 30th May, 1941.

commencing at 2.30 pm..

at their Sales Room, No. 35,. Hankow Road, Kowloon.

A QUANTITY OF VALUABLE HOUSEHOLD FURNITURE

comprising:

Teakwood & Iron Bedareads, Wardrobes, Dressing Tables, Chests of Drawers. Sideboards, Dining Tables, Chairs, Chesterfield Suites Ornaments, Cutlery, Porcelain Glass and Brass Ware, Clocks. Pictures, Cooking Utensils, etc.,

etc.

also

A FEW PIECES OF BLACKWOOD FURNITURE.

And

2 Tientsin Carpets (almost new)

Victoria,

1 Dining Room Suite

at their Salesroom. No. 2, Con-2 Celling Fans naught Road Central.

Hong Kong.

The property consists of the 1 Beg Room Suite

right, title and interest of. Iu Yuen 1 Large Oil Painting

in all that plece or parcel of ground situate at Mongkoktsul in the Dependency of Kowloon in the Colony of Hong Kong and known and registered in the Land Office as Kowloon Inland Lot No. 3009 with the messuage erections, and buildings thereon known as No. 165, Fa Yuen Street. Subject to a Mortgage dated the 5th day of September, 1940 and made between Tu Yuen of the one part and Luen On Fire & Marine Insurance Co.. Ltd. of the other part and regis- tered in the Land Office by Me- morial No. 166878 to secure the

Upright Piano "John Broadwood & Son**

Cooking Stove

On View from Thursday, the

29th May, 1941.

Terms: Cash on Delivery.

LAMMERT BROS.

CASTLE

AUCTIONEERS.

ON RECONSTITUTED TAX

Allowances For Families Revised By Committee

REPEAL OF WAR REVENUE

ORD.

Total revenue will be $12,200,000 a year instead of $11.000,006 at present estimated according to increased bagle rates, and'in- cluding revenue from Interest Tax (on loans and mortgages), a new imposition, as contained in the Report of the Reconstituted War Revenue Committee tabled in Legislative Counell yesterday afternoon.

The Committee recommend an increase in the basic rates of Salaries, Business Prößts, Property, Corporations Profits and In- terest Taxes, from 5 per vent, and 10 per cent. to 6' per cent, and ̧ 12 per cent, respectively.

BILLS PASSED BY COUNCIL

A Bill to provide for the lasu.. by the Financial Secretary of one-cent legal tender currency notes was passed at the meeting at the Legislative Council yes- terday afternoon as was a Bill' to amend the Prevention of Eviction Consolidation and Amendment Ordinace. 1939.

A Bill to amend the Buildings Ordinance, 1995, was read a first time.

The reports of the Finance Committee (No. 19 of 1940-41) and (No. 1 of 1941-42), dated May 22, 1941, were adopted.

die

The Courich was adjourned sine

THOSE PRESENT

An important recommendation comprehensive report which was

Present at the meeting were His is that, because "of the rise in the gratefully adopted by the full Com- Excellency the Governor, Sir Geof- (President), H. E. cost of living some relief should mittee and which formed the basis fry Northcote

be afforded to those payers of for our conclusions and recom-Major-General A. & Grasott, Col- Salaries Tax who have wives and mendations. Our conclusions have onlaj Secretary (Hoh, Mr. N. L. children. There, it is proposed been incorporated in a draft War Smith). Attorney General (Hon.. families Revenue Bill which is attached to MT, C. G. Alabaster), Secretary

this Report. as an Appendix.

INTEREST TAX

that the allowances for be revised and that in future the allowance for a wife should be $3,000 instead of $2,000 as at pre- sent. $2,000 for the Arst child, $1,000 the second and $500 each for the third and fourth children, as compared with a fat rate of $1,000 for each child up

to and

for Chinese Affairs (Hon, Mr. R. A. C. North). "Financial Secretary (Hon. Mr. R. R. Todd), Director of We felt that the charge of in-Medical Services (Hon. Dr. P. S. equitable incidence could not be Selwyn Clarke), Director of Public

devised some avoided unless we

Works (Hon, Mr. A. B. Purves). means of taxing the one broad

Chairman of the Urban Counc source of unearned income at pre- (Hon. Mr. W. J. Carrie), Commis-!

including the fourth as at the present "untaxed-namely, interest stoner of Police (Hon. Mr. J. P.

sent time.

..

The essential parts of the Com- mittee's report are in part:

Our examination of the existing

loans and mortgages. We have

Pennefather-Evans), Hon. Mr. J.J. therefore devised a scheme for the taxation of certain classes of in-Paterson. Hon. Mr. S. H. Dodwell. terest which we have included in Hon. Mr. MK, Lo, Hon. Mr. Leo the draft Bill under a new Chap-D'Almade e Castro, jun. Hon. Mr. This WN. Thomas Tam, Hon, Mr. A. L. measures of War Taxation, was ter entitled "Interest Tax." governed by three main considera-tax is practically limited to in-

Mr. T. E. Shields, Hon.

Pearce. terest on mortgages, bills of sale, Hon. Mr. Lf Tse-fong and Mr. debentures and loans made to cor- C. Bramah Burgess (Deputy Clerk

are liable of Councils). porations or Arms who to Profits Tax; we found that the Field to be expected from taxing

tions:

(a) We were informed by the Financial Secretary that owing to defence measures which had been taken since the Budget for 1941-42 was framed or which were likely interest on bank fixed deposits,

near future. savings bank accounts, etc.. would above would bring in a further to be taken in the the Colony's war expenditure dur-be too small in relation to the cost $1,570,000 raising the "total to $10, ing the present financial year would and trouble of administration to 870.000. Since data collected by the War Taxation Department in- amount to considerably more than the banks concerned.

dicate, that profits generally have risen it is not unreasonable to put the total yield at the round figure

fails considerably short. of the

FRIDAY, MAY 30, 1941.

JUST RECEIVED TRU-FORM

KIDDIES' SHOES.

SANDALS IN TWO STYLES WHITE CANVAS

AND

BROWN LEATHER

11.

ONE - BAR BROWN LEATHER

LANE,

ALL SIZES.

LADIES' SALON .'

CRAWFORD, LTD.

TEL.

28151.

Meeting Of The Equitable Rice Sales Fund Committee

THE THIRD MEETING OF THE EQUITABLE RICE SALES. FUND COMMITTEE was held at Medical Headquarters on May 26 and among those present were Rev. W. H. Alton, Mr. T. Y Fung. Mr. Kwok Mok-holy Mr. C. N. Li. Mr. C. C. Liao, Mr. G. Lessing. Mr. Wong Quincey, Rev. H. A. Wittenbach, Mr. Young Tsun-dart and Hon. Dr. P. S. Selwyn-Clarke in the Chair.

The Minutes of the Second Meeting held on May 19, which had been circulated, were taken as read and were confirmed and signed.

REPORT OF DIRECTOR

'cooked rice on an

the sum of $12,300,000 shown in With a view to, increasing the the printed Estimates. This add-yield from Business Profits Tax we

experimental' tional war expenditure was likely considered that the exemption;

At the invitation of the Chair basis at Wanchai using oil-burn- to be of the order of $5,500,000. limit should be reduced from sto - $11,000,000: This sum, however, man, the Director gave his reporters. Mr. Murdoch had kindly in-

Allowing for an estimated yield 000 to $5,000 and that the limit for in 1941-42 of $9,300,000 from War the lower rate of taxation should amount which the Financial Se-for the second week's operation"vestigated the question of all rubl Sales of Grade A rice at $14.80 and the object of the project was Taxation on its present basis and be reduced from $100,000 to $30.-cretary had advised us was neces- per picul had amounted to

262 to introduce communal cooking in PEAK ROAD a net surplus of revenue over ex-.000. The reduction of the exemp.sary, and we had next to consider bags (and 100 lbs.) and had rea-peace time" to effect a saving m penditure for the financial year tion limit would greatly increase/how additional revenue could bestlised $8,778.80, while some 160 bags wood fuel and the shipping needed

MOTOR ACCIDENT

principal sum of $6,000 and in- terest thereon at the rate of $7 per $1,000 per Chinese lunar month.

This property is held under a Attempting to avoiding a head Crown Lease dated the 24th day on collision with another car, the of December, 1032 for the term of jariver of private car No. 4388 75 years renewable for 75 years crashed onto the hillside and commencing on the 4th day of damaged the car. August, 1931.

Messrs. D'ALMADA REMEDIOS & CO.. Solicitors for the Plaintiff.

or to

Messrs. LAMMERT BROTHERS, ·

4. Auctioneers.

Hong Kong, the 27th day of

May, 1941.

The

(c) Arlington

ance had disclosed inequities which

lington Hotel, from Rangoon,

Salesman Fails In Appeal Against Death Sentence:

Sentenced to death by the Chief Justice, Sir Atholl MacGregor. at the February Criminal Sessions, HO SUNG-HEI, 22. salesman of the Chun Hwa Book Company, brought an application before the Full Court of Appeal, comprising of the Pulse judge (Mr. Justice PEF. Cressali) and Mr. Justice E.H. Willams, for leave to appeal against conviction.

it was desirable to smooth out and loopholes for evasion which it was desirable to close.

NO INCOME TAX

evaston and ensure equal incidence

nesses.

who

ALLOWANCES INCREASE

be found."

5% and 10%

6% and 12%

$13,200,000.

$15,400,000

ADJOURNMENT There being no other business, 4 the Chairman adjourned the fallen meeting until 4 p.m. on Monday,

Department,

U.S. People Getting Taller

NEW YORK.-If the

American

fand 195 lbs.) of Grade B rice had to bring it to the Colony. 1940-41 amounting to $3,000,000 the number of Arins paying this

HIGHER BASIC RATES which. could be carried forward tax and would minimise the in-

resulted in $3,620.70, at $14 per}

Dr. Selwyn-Clarke was authorised into 1941-42, it was desirable to centive to the splitting of busi- We came to the conclusion that pleul. making a total of $10,863.80 |

by the Committee to negotiate.... raise additional revenue to the ex-

the extra amount required could cash received." sent of some five million dollars by We considered the question ofbest, be obtained not by the im- Expenses amounted to $10,399.50 with the Food Controller with a modifying the existing War Taxes whether a ides by a business or position of new miscellaneous in repayment to Government, for view to ascertaining whether he According to a report made by or by imposing new ones or by a corporation in one year should be taxes, the yield from each of the rice purchased, $40 for trans-would be prepared to finance the

set off against profits in succeeding which would be Area 1,049 square feet or there- the driver, Wong King-cheung, re- combination of both methods.

comparatively port and $114.74 for personnel and capital expenditure on such an ex-

about.

siding at No. 388. Laichikok Road, (b) From the relatively small years but in view of the temporary small, but by raising the basic sundry expenses making a total of periment, the Committee meeting Wong stated that about 10.30 a.m.

five war taxes. On | $10,554,24. The balance from the the cost of rice, etc., from any Annual Crown Rent $20.00.

number of firms paying Business nature of the Ordinance and the rates of all

week's working thus surplus balance remaining from on Wednesday whilst he was driv-Profits Tax and the fact that up urgent need for revenue we have basic of 5%, and 10% the estimated second For further particulars applying along Castle Peak Road, near to March 31, 1941, the net amount not

recommended such a provi-yield was $11,000,000 so that rais amounted to $399.36: In addition sales of rice. the 11-mile stone, another private charged in respect of Business Pro- sion. For similar reasons, we con- ing the basic rates to 6% and there were about 800 empty bags car. No. 493, overtaking a

bus fits Tax

was only $1,070,000 as sider any provision for deprecia-12% would produce an additional to dispose of. from the opposite direction. forced compared with $4,531,000 in respect tion in

respect of the expiry of one-fifth or two-fifths or $4,400,000,

FALL IN SALES him to swerve into the hillside.

Bates

Estimate of Corporation Profits Tax it was leases to be undesirable. We have

Although the "sales had $11,000,000 evident that a large section of the not recommended that payments

off considerably, it was unanimous June 2. business community was not bear such as charitable contributions

ly

that the operations agreed 1% and 14% following telegrams "are

war funds or

should be continued as a hint to lying at the office of Messrs. Cable ing its fair share of the Colony's and donations to

in expenses incurred war-time burden.

connexion

The first alternative (6% and retallers. The Rice Controller (Mr. and Wireless, Ltd., awalting

with Air Raid Precaution measures 12%) would produce rather less F. C. Barry) had claimants: - Kinich,

advised this One year's experience of Hotel, from Rangoon; Kinich Ar- the working of the present Ordin- should be exempted from Profits and the second alternative (77.

and 14%) rather more than the

The Chairman congratulated Mr. additional sum which the Fina Fung for the successful efforts of cial Secretary had advised it was We came to the conclusion that necessary to find: taking into con-

the Tung Wah Committee at the in view of the rise in the cost of sideration the healthy state of the

Central Market Equitable Rice living some relief should be afford- Colony's surplus balances and the Sales Depot, Mr. Llac for similar To reduce the possibilities of ed to those payers of Salaries Tax estimated annual yield of at least efforts by the Hongkong Red Swas- have wives and children. half a million dollars from thetika Society at the wanchal Mar- we first considered the advisability With this object we have recom- recently imposed duty on Toilet ket Depot and Mr. Li, Senior Camp people, on the average, are getting taller, as some studies seem to in- Medical of allow- Preparations we finally decided to Overseer. of recommending the complete re-mended that the scale

dicate, there may be need for peal of the present War Revenue ançes for a wife and children recommend that the basic rates be first at Jordan Road Depot, and, Ordinance and the substitution should be revised as follows:- raised to 67 and 12%. The esti- since Monday morning, at the Tin changes in design of things that therefore of a full Income Tax en-

Now. Recommended mated yield at the old and new Hau Temple, Yaumati, hr courtesy are used by everyone.

be The idea that there may actment; we decided, however, by

basic rates can be set out, in de- of the Tung Wah Committee. "Wife" $2,000 a majority that in

"giants ahead" in the American · view of the

tall as follows:-

RICE DEPOTS 1st child $1,000

future-at least greater opposition which the suggestion to

height 2nd child $1,000

The Chairman reported that as with each succeeding generation and 10% and 12% the result of a survey of retail intrigues the chemists and engine- 1,300,000 1,440,000

shops in the Sal Ying Pun District ers connected with Arthur 2.300.000 2,760.000

which has shown that the dealers Little, Inc., whose business it is to

Clovernment help 4,790,000 5.640,600 were selling rice at

anticipate the rates and of good quality, he had future. 1,800,000 2,160,000 consulted the Director and they

Need" for adjustment in #1,000.000 1,200,000 had arranged for the opening of

tecture and furnishings are fore- -a rice depot lo the area to be 11,000,000 13.200.000 postponed. Mr. Kwok undertook to seen. Chairs, especially in thea- CONCLUSION

keep a look-out on the local situatres, will be proportioned for long- cr legs. Automobiles Bra adready We recommend that the Warton. The above amendments, and

Revenue Ordinance, 1940, be re- Discussion took place in regard making allowances for taller pec- many others on matters of detail

to the opening of a depot in Hung ple. The standard bed will have which we have incorporated in the

pealed and replaced.

Hom, Kowloon City and Kowloon to be lengthened. Clothing manu- The draft all includes a pro- draft Bill but which we do not propose to attempt to explain in vision that all matters pertaining Tong where Mgr. Bishop Valtorta facturers may rearrange their aize-

distribution tables, this Report since they are explain to the year of assessment which bad kindly offered premises.

In the absence of enough volun- Evidence that the atlil unstable ed in the Table of Correspondence ended on March 31, 1941, shall be

population is getting attached to the Bill, would in our dealt with under the present Or-tary supervision in these areas, American

two of which were rather removed taller with each succeeding genera- opinion result in a more equitable dinance. distribution of the burden of war In conclusion we should like to from centres of poorer Inhabitants, tion comes largely from studies in there was not suhacient evidence tation in saying that there was taxation. It is estimated that they express our indebtedness to Mr. Fit was decided not to take advan Universities, Mr. Le added that several letters to convict you of this crime. You ample evidence before the Jury, would result in the following, in- |M, A. Barnett, the Secretary to /tages of these offers yet.".

A study of Harvard students had been written to the sister in have therefore, through him ask which they believed they were creases or decreases in revenue:---

Mr. Young Tsun Dart informed whose ancestors have been in. Shanghai in an effort to trace the ed for leave to appeal against justified in accepting, and return-

the Committee, who has kept fall whereabouts of the brother-in-law your conviction.

Increase Decrease minutes of our meetings and who the meeting that Mr. Nan Kene America, for at least two genera- Your Counseling the verdict they did.

Ho of 103, Fuk Wah Street, had tions indicates a gradual and re- but no reply had been received. has stressed the point that the

$80,000 prepared the first draft of our Re- "As reference has also teen Business Profits Tax $ 650,000

generously offered the use of the gular increase of one inch Der port. Mr. Justice Cressall said the evidence was purely circumstan-made to the summing-up of the Interest Tax

(Signed) C. G. Alabaster (Chair Ho Theatre in Shamshulpo as generation for four generations. the evidence Mr. Lo proposed to tial that no one actually saw trial Judge, we desire, to say that

to a.rtce depot. It was decided mán), R. R. Todd, Stanley H. Dod-

Wellesley and other colleges furnish call was not new as it was in you commit the crime.

the summing-up was a perfect

depot here the needmilar figures for girls. well, J. J. Paterson, M. K, LO, LI open a existence at the time of the trial. "May we remind you that, in model of fairness to the accused.

Refusing the adjournment Mr. many cases, circumstantial evi- This Court says there is absolute-1941-42 at $9,300,000 if the present Grayburn, D. J. Blogs, R. Robert-cently established in Yaumaid,

The cause of the growth is some- Taking the estimate of yield for Tse-fong, W. N. T. Tam, V. Marose, possibly by closing that re-

what puzzling, and in the opinion Justice Cressali remarked that the dence is even better than directly no merit in your application for War Revenue, Ordinance were to sam, L. Kadoorie, Ng Chak-w.. A.

of those who have studied the pro- present Court was of the decided evidence beause circumstances leave to appeal, which is discontinue unchanged, the adoption G. Clarke, Cyril van Langenberg The Chairman placed before the blem cannot be assigned to any opinion that the case was not a cannot lie. We have read the re- missed." »

of the amendmente mentioned and Leo d'Almada e Castro, Jrr.

meeting a proposal for the sale of one factor

He was found Guilty of the proper one tu which an adjourn-introduce Income Tax had called imurder of a fellow-empicyec, Woo ment should be granted and forth in 1939 we would re-affirm Tong-chlu, At the company's allow new evidence to be put tor-in this regard the recommendation godown. No. 3, Giman's Bazaar, ward,

of the original War Revenue Com- on Dec. 5 last year.

mittee. We decided to appoint Sub-Committer composed

$3,000 $2,000

$1,000

3rd child $1,000

4th child 31,000

$ 500 #500-

have recommended that

We consider, however, that no allowance should be made for Regarding the appeal against

of Mr. children in excess of four, or for He was defended by Mr. Somerset conviction, Mr. Lo reviewed the Fitzroy, instructed by Mr. J. Hall. evidence adduced by the Crown 4. G. Clarke (Chairman), Mr. Edependent relatives. At the same

Appellant yesterday was repre- who based its case on circumstan M. Bryden, Mr. L. Kadoorie and time we sented by Mr. Lo Tang-fan, in- tial evidence. He submitted that Mr. C. van Langenberg to examine the lower rate of Salaries Tax be in detail the present War Revenue brought into line with the lower stracted by Mr. J. M. Hall, and there was insufficient evidence to Ordinance with a view to smooth rates of the other War Taxes. Mr. J. Reynolds, Crown Counsel, convict and that the defence raised, ing out its inequities and increas had not been properly put to the ing the yield from War Taxation. appeared for the Crown.

Jury.

This Sub-Committee beldi twelve meetings and presented most

a

ADJOURNMENİ. SOUGHT

Mr. Lo asked for the application

JUDGE'S RULING

►

be adjourned for four weeks on Dismissing the application and. the ground that the appellant addressing the appellant, Mr. wisted to call the evidence of his Justice Cressall said: brother-in-law in whose company

cord of the proceedings and the "Your Counsel has based his summing-up of the trial Judge. arguments on the ground that In the result we have no hesi

he was at all material times on the night of Dec. 5,

Salaries Tax ....

Net Increase

$1,000,000

$1,570,000

Salaries Tax

Property Tax Corporations Profits

Tax. Business Profits

Tax Interest Tax

At.5% *AL B

SALE OF COCKED RICE

industry

D.

arch-