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566 THE HONGKONG GOVERNMENT GAZETTE, AUGUST 13, 1909.

IN THE SUPREME COURT OF HONGKONG.

IN BANKRUPTCY,

No. 12 of 1908.

In the Matter of the estate

of ALFRED HERBERT RENNIE deceased, E-parte TANG LAN KOK

(trading as the WING CHEONG FAT),

Debtor.

........ Creditor.

о

final dividend of 26 0683 。 in the dol- lar has been declared in the matter of the estate of ALFRED HERBERT RENNIE deceased, adjudicated bankrupt on the 8th day of May, 1908, and the same may be received at the office of the Trustee, No. 8 Des Vœux Road Central, Victoria, Hongkong, on the 12th day of August, 1909, or on any subsequent date between the hours of 10 a.m. and 5 p.m. except on Saturdays up to 1 p.m.

Creditors applying for payment must pro- duce any bills of exchange or other securities held by them and must sign a receipt in the prescribed form.

Dated this 12th day of August, 1909.

H. J. GEDGE,

Trustee.

HONGKONG & SHANGHAI BANKING

CORPORATION,

EIGHTY-EIGHTH

REPORT OF THE COURT OF DIRECTORS

TO THE

ORDINARY HALF-YEARLY GENERAL MEETING

OF

SHAREHOLDERS

TO RE HELD

AT THE CITY HALL, HONGKONG,

ON

Saturday, the 21st August, 1909, AT NOON.

To the Proprietors of the

HONGKONG & SHANGHAI BANKING CORPORATION.

GENTLEMEN,

The Directors have now to subunit to you a General Statement of the affairs of the Bank, and Balance Sheet for the half-year ending 30th June, 1909.

The net profits for that perio, including $2,006,234.08, balance brought forward from last account, after paying all charges, deduct- ing interest paid and dne, and making provi- sion for bad and doubtful accounts, amount to $5,493,446.41.

The Directors recommend th transfer of $750,000 from the Profit and Loss Account to credit of the Silver Reserve Fund, which Fund will then stand at $15,250,000.

After making this Transfer and deducting Remuneration to Directors there remains for appropriation $4,725,446.41, out of which the Directors recommend the payment of a Divid- end of Two Pounds Sterling per Share, viz.: £240.000 which at 1/94, the rate of the day, will absorb $2,726.627.22.

The Balance $2,001,819.19 to be carried to New Profit and Loss Account.

BRANCHES AND AGENCIES,

A Branch Office of the Bank was opened at Canton on the 6th July,

DIRECTORS.

Mr. G. FRIESLAND having resigned his sent on leaving the Colony. Mr. J. W. BANDOW has been invited to fill the vacancy; this appointment requires confirmation at this meeting.

AUDITORS.

The accounts have been audited by Mr. W. HUTTON POTTS and Mr. J. W. C. BONNAR.

ABSTRACT OF ASSETS & LIABILITIES,

HONGKONG & SHANGHAI BANKING

CORPORATION, 30th June, 1909.

LIABILITIES.

Paid-up Capital,....

Sterling Reserve Fund, £1,500,000

@ ex. 2/-...

Silver Reserve Fund,.

Marine Insurance Account, Notes in Circulation :-

(Authorised Is-

sue against Securities and Coin deposit- ed with the Crown Agents for the Colon- ies and their

$15,000,000,00

15,000,000.00 ..... 14,500,000.00 250,000.00

Trustees, $15.000.000,00) 14,149,703.00

Silver, $95,414,052,87 Gold.

Current Accounts.

£4,992,726.18.5d.— 56,730,866.07

-152,145,518,44

Fixed Silver, 162,034,168.86 Deposits. i Gold,

£4,661,536,128.1d.—52,964,800.97

-114,998,969.83

Bills Payable (including Drafts on London Bankers, Call Loans and Short Sight Drawings on London Office against Bills Receivable and Bullion Ship- ments).

Profit and Loss Account,

Liability on Bills of Exchange re-discounted, £4,972,346, 34, 10 of which £3,671,118.148. 5. have since run off.

Cash.

ASSETS.

Cr.

..$2,006,234.08

By Balance of Un- divided Profits, 31st December, 1908, Amount of Net Profits for the Six Montus ending 30th June, 1909.after making provi- sion for bad and doubtful debts, deducting all Expenses and

Interest Laid and due,.

3.487,212.33

-$5,493,446.41

$5,493,446.41

STERLING RESERVE FUND.

To Balance. #1,500,000 @ ex 2/-$15,000,000.00 (invested in Sterling Securities.)-

By Balance 31st December.

$15,000,000.00

1908, £1,500,000 at ex. 2/-...$15,000,000.00

$15,000,000.00

.14,063,599.17 5,493,446.41

SILVER RESERVE FUND.

To Balance,..

$15,250,000.00

$15,250,000.00

$345,601,236.85

By Balance 1908, ... Transfer from Profit & Loss

Account,

1st

December,

$14,500,000.00

750,000.00

$15,250,000.00

.$55,260,909.72

Coin lodged with the Hongkong Government against authoris. ed and/or excess Note Circula- tion,

13,000,000.00 Bullion in Hand and in Transit, 4,318,503,50 IndianGovernment Rupee Paper, 2,099,088.72 Consols, Colonial and other

Securities,

STERLING RESERVE FUND INVESTMENTS, viz. :- £1,208,000 24

per cent.

Consols at 82, £990,560

(of which

£250,000

lodged with the Bank of England as a Special London Ieserve.) £255,000 23

per cent. National War Loan, at 90,

£325,000 Other

Sterling Securities, written down to

229,500

10,213,250.76

279,940

£1,500,000 @ ex. 2/- 15,000,000.00

Bills Discounted, Loans and

Credits,

Bills Receivable, Bank Promises....

113.046,509.47 130,763,412.03 1,899,562.65

$345,601,236,85

GENERAL PROFIT AND LOSS ACCOUNT, HONG KONG & SHANGHAT BANKING

Dr.

CORPORATION, 30th June, 1909.

To AMOUNTS WRITTEN OFF:- Renumeration to Directors,..$ DIVIDEND ACCOUNT:-

}:

W. J. GRESSON, Chairman.

Hongkong, 10th August, 1909.

per Share on

120,000 Shares --

£240,000 at 1/91

TRANSFER TO SILVER

RESERVE FUND,. BALANCE forward to next

half-year,

J. R. M. SMITH, Chief Manager. J. COX-EDWARDS, Chief Accountant.

W. J. GRESSON, C. S. GUBBAY,

H. A. SIEBS,.

Directors.

We have compared the above Statement with the Books, Vouchers and Securities at the Head Office, and with the Returns from the various Branches and Agencies, and have found the same to be correct.

W. HUTTON POTTS, J. W. C. BONNAR,

Hongkong, 10th August, 1909.

Auditors.

In the Matter of the Estate of BEN- JAMIN ALFRED COOMBES, late of Victoria in the Colony of Hongkong, decrased.

"OTICE is hereby given that the Court has. by virtue of Section 58 of the Probates Ordinance, 1897, made an Order limiting the time for sending in Claims against the above estate to the 15th day of September, 1909.

All Creditors are hereby required to send their Claims to the undersigned before the said date.

Dated this 10th day of August, 1909.

J. H. KEMP,

Offcial Administrator.

DANGEROUS GOODS

REGULATIONS

AND

15,000.00 CONDITIONS OF LICENCES

UNDER ORDINANCE No. 1 of 1873 (including all amendments up to date).

Price One Dollar.

Copies of the above are on sale at the Ofice

2,726,627.22

750,000,00

2,001,819.19 of

$5,493,446,41

NORONHA & CO.,

Government Printers.

Hongkong, 30th July, 1903.

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