1889-07-29 — Page 2

Intiaiations.

DAKIN'S

SPARKLING AERATED

WATERS

ARÉ UNSURPASSED.

THE HONGKONG TELEGRAPH, MONDAY, JULY 29, 1889.

which the Company was formed as it had with the man in the moon, and were only prevented from so doing by the unflinching opposition of the fourth member of the Board. Suspicions that the proverbial sc're was'louse somewhere were at once engendered, which up to the present time have never been thoroughly removed, and it is not too much to say that the general manage- ment of the concern has not tended to raise its prospects in the public estimation.

The long-clt want the Steam. Launch

SPECIAL TERMS TO LARGE BUYERS. Company claimed to supply was an efficient

COAST ORDERS PROMPTLY ÁTTENDED 10.

No Extra Charge for Packing.

DAKIN BROS. OF CHINA LIMITED, CHEMISTS,

HONGKONG.

(Telephone No. 60.) Hongkang. 23rd July, 1889. "

that assurance.

the Prince of Wales' "grant by the sum of MasSRS. Adamson, Bell & Co., agents for the nature of the case is. Does anyone appear for he was sober, I am quite willing to £36.000) tald stress upon the fact that the Canadian-Pacific Line, inform us that the steam-you, Mr. Fraser-Smith ? Queen's ample fortune should be 'sufficient te ship Abyssinia left Vancouver on the alternoon provide for the proposed grant.

of the 26th inst. for Japan, &e

The amendment was opposed by Mr. Glad stone in a vigorous speech, eulogistic of the Queen's and the Prince of Wales' services to the

country..

(From the Comercio.) SPAIN

MADRID, July 19th. The debate in the 'Ch_mber of Deputien has resulted in favor of the Liberals. The Chamber has been prorogued.

The loan of fifteen million dollars to the Philippine Islands will not be completed at present...

!.

LOCAL AND GENERAL, H.M.5. Satellite left Shanghai the 24th inst. to join the quadron at Hakodate.

local service of first, class steam launches, fully equipped and in every possible way adapt d for the comfort, convenience and requirements of the Hongkong community. There was some vague talk by the Chairman (Mr. Juo, J. Francis, Q.C.,) at the statutory meeting, as to the launches utilised as patrol boats in case of war, för being which it was expected a subsidy would be paid by the Government,

ant, but moonshine of this ser could only have been regarded seriously by bellicose members of the Volunteer Artillery, and the shareholders and public gene- rally were satisfied to judge the Company on its metits as 'common carriers of a much higher Hall Museum for the week ending July 28th, are: THE returns of the number of visitors to the City stamp than the plentiful Chinese article crowd-Europeans 201; Chinese 2,455 ; total, 2,656, ing every corner of the harbour. It cannot be 113 claimed that a very brilliant start was made. Three old steam launches were purchased from the Secretary of the Company for` $13,000- doubtles cheap at the money-and two of them plared on the line between Pedder's Whaif and Kowloon and Bingham respectively, the third being reserved as a "despatch" boat." Four new launches were als contracted for, with the Sceretary, last October, on lens which have not been made public, but it has been stated that the whole of them were to be built and Tig recommencement of the Peak Tramway handed over within seven months, and we under-service on Saturday was largely taken advantage stand that two of these launches have been of yesterday, the cars being crowded all after running for some time. Wihout going into noon by perspiring residents. further details of working it may very safely be sad that up to the present time the Steam Launch Company has not fulfilled the expecta- tions that were formed of it, nor has it even

A. S. WATSON & CO., LD.

ESTABLISHED A.D. 1841.

N drawing attention to our special prepara tions, we beg to stale that we continue to import Drugs, Chemicals, and Goods of every kind of the best description only. No other quality is kept in Stack. Our long experience and intimate acquaintance with the Trade and the best sources of supply enables us to purchase direct from the Producers on the very best terms, and thus gives us an advantage which enables us to offer our 'Constituents the benefi of a considerable reduction in the price of all Specialities of our own Manufacture or putting up, as compared with similar articles said else.

where.

WATSON'S

CHOLERA AND DIARRHEA REMEDIES. CHOLERA MIXTURE

As prescribed and recommended by Dr. AYRES, Colonial Surgeon, when President of the Hongkong Sanitary Board. To be used in cases of vomiting and purging attended with violent pain. Prepared only by

A. S. WATSON & Co., Ltd., THE HONGKONG DISPENSARY, Hongkong, China and Manila. In Bottles, $ and 31 50 each. ASTRINGENT ANTACID DIARRHOEA MIXTURE,

As recommended by the London Board of Health for use in all cases of Diwrtha, Cholera, &c.

THE

Prep ted only by

A. S. WAT ON & Co., Ltd.,

Hongkong, China and Manila, In Boules. Stand $1.50 each.

WATSON'S

ASIATIC CORDIAL Desk:--For Diarrhæn, Cole, and Dysentery, 1 teaspoonful every 2 or 3 hours. For Cholera, 1.2, or 3 teaspoonfuls every hour, or in urgent cases oftener.

In Bottles 50 cents and $1 each

WATSON'S CHLORODYNE. Dosk:-Ten to twenty drops in brandy and

water.

In Bottles-50 cents $1 and $1.50 each.

WATSON'S

ASTRINGENT PILLS, FOR DIARRHEA, DYSENTERY, &c. Dose:-One plil after each liquid Motion. In Bottles 75 cents and $1.50 each,

WATSON'S

ANODYNE LINIMENT. For relieving pain in all cases of Spasms, Colic, Cholera, Diarrhea, Inflammation of the Bowels, &c.

DIRECTIONS FOR USE -Sprinkle some on hot Flannel or Spongio Piline soaked in boiling water and apply over the seat of pain.

In Battles, 75 Cents and $1.50 each.

BERMUDA ARROWROOT:- RUSSIAN ISINGLASS,

CALVES FOOT JELLY. Invalids' necessaries and appliances of all kinds kept in stock.

A.,S. WATSON & Co., LIMITED, THE HONGKONG DISPENSARY, HONGKONG, CHINA AND MANILA.

DEATH:

'On 21st instant, Mr. ALIXANDER ROBERTSON,

BIRTH.

On July zand, at the Hôtel des Colonies, Shanghai, Mrs. GEO. BUTLER, of a son,

The Honghoan Betragoph

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H.M.S. Rattur left Singapore on the zeth inst, for a cruise to Batavia and the Christmas and Cocos islands. She is expected to be absent for about a month.

THE agents (Messrs. Adamson, Bell & Co.) inform us that the Shire" Line, steamship Flintshire, from London, &c., lett Singapore yesterday for this port.

THE decision in the Poolung Dock case, recently tried in Shanghai, will, in accordance with a resolution, passed at a meeting of shareholders held on the 23rd inst, be appealed to the Privy Council.

Hongkong this afternoon, and may be expected

A TELEGRAM in an Australian paper, dated London, June 28th, says that the Austrian Premier has made a statement that if Russia and France continue their bellicose action towards England, Turkey will join the Triple Alliance.

THE Fooksang reports that the Knifong (Captain Gyles) which left flangkong for Tientsin on the jand instant, was ashore on Rees Island when the passed there two days ago. The Kaifong is. a new steamer belonging to the Chiña Naviga- tion Company, and another of the Company's steamers and a Holt's boat were rendering assist

ARCC."

THE "Military Mummers will give perform. ances at the Garrison Theatre to-morrow and Wednesday evenings, under the patronage of the Colonel commanding the Troops and the Officers of the Garrison. In addition to “Cox and Box" and "Chiselling"-two of the best farces ever put on the stage there will be some comic and sentimental warbling, and a special war dance. On Wednesday night "B. B."

will be substituted for Box and Cox," The "Mummers" will give a first-class show,

SAYS the Shanghai Mercury of the 23rd inst.: A telegram has been received here, informing the contending, parties in the famous suit "Benjamin Wainewright," that the case has been finally settled by arbitration. Our readers will remember that the defendant appealed to the Privy Council · against the decision of the Supreme Court here, and the proceedings have been carried on for six or seven months. The Acting Chief Justice's decision must, after all, have been well founded, as the defendant, it seems, had but little hope to gain the day to submit the case, after all the trouble and expense of an appeal to the Privy Council, to arbitration. The arbitrators, we hear, have awarded Mrs. Benjamin the full amount given to her by Mr. Mowat's decision, and her

costs of suit besides

་

THB new unsinkable triple safety ship, the in- ventor and patentee of which is Mr. Edwin Rollason, of Coventry, is a novel and marvellous invention, and in speed, stability, and strength will compare favorably with most ships afloat. Four screw propellers are placed in line along

give the ship double speed and propulsion,

bow to stern, to carry off the swell of the waves,

Mr. Fraser-Smith No, I appear for myself, An assault case as your Worship is aware, was heard before you last Thursday

His Worship (who seemed to think that Mr. Reece had been retained by the King of Siam):

Does anyone appear for the defendant ? Mr. Reece said that he did.

Mr. Fraser-Smith:-A ricksha coolie in the employ of Mr. Webber summoned Mr. Ough for assault.. I was subpoenaed as a witness In the case, having seen the assnalt committed, and I say that the defendant, Mr. Gugh, took out a summons against me simply out of revenge for the fact that I happened to be present and witnessed the assault; that he came here, after having taken out a summons maliciously, and falsely swore in the witness-box, that I assaulted him. He had an opportunity of prosecuting his summons against me, but found it convenient to withdraw it. I objected to its being withdrawn, as you are aware, and you named a time for hearing it next morning. He did not appear, and your Worship dismissed the Ordinance 16 of 1875, section 17 that is the casc. I accordingly applied, under, I think, Ordinance under which my solicitor applied simply to get the defendant into Cour. Now for a summons, my object, of course, being that he is in Court, I have no intention at present of addressing your Worship on the facts; will wait until I have produced evidence will, simply call your attention, first, to Ordinance 14 of 1845, section 32--

His Worship-Do I understa d that you prosecute under Ordinance 14 of 1845 ?

Mr. Fraser-Smith :--Yes, under section 32. Mr. Recce: What has Ordinance 14 of 1845 got to do with it?

Mr. Fraser-Smith will shew you, if you will wait a minute.

Mr. Reece-Never mind Ordinance 14 of 1945, let's hear what the case is.

Mr. Fraser-Smith:-1 think if 1 read this sec-. tion it will explain my position better than if I spoke for an hour. It is as follows:- And whereas informations are often laid for the mere sake of gain, or by, parties not truly aggrieved, and the offences charged in such informations are not further prosecuted, or it appears upon prosecution that there was no sufficient ground for making the charge,' be it enacted: That in of any offence shall be laid before any Magistrate, every case in which any information or complaint and shall not be further prosecuted, or in which, if further prosecuted, it shall appear to the Magistrate by whom the case shall be heard, that there was no sufficient ground for making the charge, the Magistrate shall have power to award

pounds, to be paid by the informer to the party complained of or against, for his loss of time and expenses in the matter, as to the Magistrate shall seem meet."

Actempted to carry out its original programme. No new lines have been opened, no attempt has been made to discover and develop fresh. We are informed by the agents of the Austro- fields of enterprise-in fact, 1we launches running Hungarian Lloyd's S. N. Co, that the Company the centre keel, and these are so arranged as to to Kowloon, against long established oppositions

steamer, Orion, from Trieste, left Singapore for that can scarcely be set aside, comprise the entire effants in the direction of passenger traffic.

on or about the 4th proximo. "Launches may be obtained on hire for pleasure parties or for towing or general purposes, but here again powerful oppositions are met on every hand."Making every allowance for shortcomings and drawbacks, something more than this ought surely to have been accomplished!

The most sensational feature, however, in the short career of the Steam Launch Company was a semarkable "corner in its shares the working of which was credited to a number of daring 3-crula ors who afterwards obtained considerable notoriety in a similar venture on a larger scale. Ja January last it was perfectly well known that the Company was working at a small loss and that prospects were not particularly encouraging; the value of the shares was then fairly represented by the current quotation-20 per cent, discount. Without the slightest alteration in the position of affairs the scrip was rushed up within a few weeks to over 300 pe cer premium, the result of the inost burefaced combination the local share market had seen up in that time. To what exten this mov. ment prejudicially affected the st..bil y and perspects of the Company it is dif aul: to say, but there can be very litle doubt that for a tune at least public confidence in its baut files wis withdrawn It has been stated

ages are provided under her bottom, from and thus increase her speed, as well as stopping the usual rolling and tossing. The ship has been so constructed as to enable her to with, grand collision without danger of sinking; and flooded without fear. Her working machinery in case of fire, any part can be isolated and -engines, shafts, screw propellers, and rudders M, FA, YCINKT, French Minister of War, stated-being fixed in duplicate and triplicate stop-such amends, not exceeding the sum of ten page, while increasing her speed, will greatly duce the consumption of coal-Shipping World.

that when the shares were quoted at the Gientious, Corner" antes, Eusopeans who were leguinte holders sold out, the pur- chnaers being, of course, the gentlemen who were rigging" the market. The effect of this, if it be true that the "shart-sellers" repudiated their contracts, is that nearly the whole of the Company is owned by a very select circle of individuals, the chief of whom are Chinese.

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the other day that France is at present equally as pri pred for war as Germany. It is to be hoped for the sake of la grand Republique that there is more truth in this assertion, than in a similar fymous statement made by General le Bœuf prior to the outbreak of the Franco- Prussian war.

A CALCUTTA telegram dated the and inst. says: Patrick Program, the European sailor who was sentenced to death for the murder of a boy on the high seas, was executed this morning. He was apparently ndifferent, and ascended the scaffold steps without faltering. This being the first European execution for ten years, consider able excitement was manifested,”

THE Band of the Argyll and Sutherland High. landers will play the following programme at the Sanitarium, on Wednesday, the 31st inst, commencing at 5 30p.m. →→→

Grand March..." Silver Trumpeta "

......Viviani. Valse

Waldeufel, Selverion "Glpay Tire". Je Thiers. Allegretto Scherzando from Pts Symphony...Beethoven. Selection."Olivetta"..........................Andran

God Save the Queen,

MANY Continental papers, at a loss for events of more importance, have lately been discussing no less a subject than the night-dresses which are to be worn by Princess Alexandra of Greece, the bride of Prince Paul of Russia. It may interest some of our readers to know that there are three of these garments. One is of silver fox, boidered with gold, another is of sabic, and bas golden clasps set with large pearls; the third, is of blue fox, fastened with a girdle of diamonds.

THE Limag Planting Company, Limited, was registered here a few days ago with a capital of $300,co.in, six thousand shares of $50 each, $25 paid up. The property of this Company fituated near the Koyab estate in British North Borneo, and the general managers are Messrs, Gibb, Livingston & Co., with the Hon. B. Layton and Messrs. H. 1. Dalymple and E. E. Abrahamson as a Consulting Committee. All the shares have been subscribed for, and a manager (an, old Sumatra planter) has been appointed. The China-Borneo Company, Limited, are the local agents of the Company in Borneo,

SUPREME COURT.

IN ORIGINAL JURISDICTION.

(Before Acting Chief Justice Fielding Clarke)

CHATER AND OFFERS 2. THE HONGKONG HOTEL CO.

VERDICT FOR THE PLAINTIFFS.

This litigious tare-worm was got clear to-day, The jury listened for six. hours to speeches by (Mr. A. J. Leach) and the Acting Chief Justice. Mr. Francis, Q.C., the Acting Attorney-General, At nearly four o'clock they went out to consider their verdict, and returned in about half an hour. Their decisions on issues were as follows :— (1) Was the brick and stone verandah run- ning along the south side of the leased premises pulled down and removed, and were the founda to the 15th April, 1887 7 tians of the same pulled up and removed, prior

Mr. Reece: The summons is not taken out under that section.

Mr. Fraser-Smith:-It doesn't matter under what section it was take out; we have got the defendant in Court, and that is enough. There was no need for a summons at all. Heshould have been here last Friday; if he had been I would have introduced this Ordinance at that time, Your Worship will see that Ordinance 16 of 1875 in Identical with everything I have just read, except that it is a little different in form and does not

go quite so far.

His Worship desired to hear Mr. Reece, if that was all Mr. Fraser-Smith wished to say,

Mr. Recce :-Before I touch on this case

I

I should like to mention one matter which arose out of the foriber charge. Mr. Fraser-Smith seems to think that a charge of drunkenness, has been made against him by my client.. I | submit that that is'not a fact; that such'a charge was never made. What my client said--and say at once I regret that he said it, and he him self regrets it was this (reading from a news paper) "my opinion is that he was not sobeɛ."

Mr. Fraser-Smith-I beg your pardon; he Chater on 16th April, become unsafe and unin. Press, is it not? Well, in the same report you (2) When did the building leased to C. Psaid nothing of the sort. That in the Daily habitable?

will find that his Worship, a little further down, said Mr. Fraser-Smith objects to certain evidence given by Mr. Ough, which he has had no opportunity of examining him upon. Mr. Ough said that he thought Mr. Fraser-Smith was drunk,"

No.

About five or six weeks' before the 6th func, 1888.

(3) Was this the result of wear and tear ? No (six to one.) (4) Or was it the result of either or both of the following causes: (a) the opening by the Hotel Co. of the trench in proximity to the south wall of the leased premises:

Yes, (six to one)

Or (4) the pulling down and removal of the verandah mentioned in the first issue, or the pulling up and removal of the foundations thereof if such removal was effected subsequent to the 15th April, 18877

Yes, (six to one.)

(5) Or was it the result of the negligent way in which the work mentioned in the last issue or any of it was done ?

Yes.

His lordship then thanked them for their un remitting attention to the case.

Mr. Francis said that the plaintiffs would move for judgment later. Probably he might arrange some of the consequences with his learned friend.

HONGKONG JEUNESSE DOREE' AT THE POLICE COURT.

MALICIOUS PROSECUTION.

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Mr. Recce: Your Worship, the report in the Daily Press to which I refered is not, of course, strictly speaking, evidence, but as reported in that paper my client's words were "my opinion is that he was not sober," and I believe if your Worship will refer to your notes you will see that those were the words used. Now I don't want to palliate that for a moment-my client ought not to have expressed such an opinion, whether, rnoment I got out of Court, and he expressed it was well founded or not,-I told him so the

his regret at having done so. I repeat now that he regrets having given expression to that opinion and if Mr. Fraser-Smith says that that' opinion is erroneous I am quite willing to take

his word for it.

Mr. Fraser-Smith:-I need hardly remind your Worship that I requested an apology to be made in Court, which was declined.

Mr. Reece:-That is not a fact, your Worship. | Mr. Fraser-Smith:-It is a fact.

accept

Mr. Fraser-Smith I have no intention of giving any such assurance-I prefer to give his Worship the statements of eight or ten gentlemen who were present--

Mr. Reece-There is no dispute about that, Mr. Fraser-Smith :—It is a question of malice, and, Mr. Reece must have a very circumscribed opinion of what evidence is if he does not acc that this is a proof of malice, for which I am prosecuting. Mr. Ough, naid I was drunk l

Mr. Recce -He never suid so,

Mr. Fraser-Smith :-Then if he didn't why do you apologise ? It is a very strong proof of his malicious intentions, his not appearing after justification at all. taking out a summons for which there was no

His Worship (who had been reading the Ordin- ance during the discussion) to Mr. Reece - You are going on now with what is not in the least a matter for my consideration-all I can deal with at present, and all I am considering, is if this is

a pre per form for the case to aɔms before me, I wish to hear you with regard to the summons. and continued:-The summonsis for maliciously Mr. Reece then read the section quoted above, and unlawfully obtaining a summons without reasonable cause."

His Worship ----The doubt I have is whether a question of this kind can be raised on a sum- mons. It appears to me that the section provides for a magistrate ordering as he thinks fit at the end of n case, but not for instituting proceedings.

Mr. Frases-Smith :Yes, but he did not proceed with the prosecution. If he had been in Court, or had this Court gone on with the case, then your Worship could have exercised your powers.

Mr. Reece Mr. Fraser-Smith was here, and might have made an application.

Mr. Fraser-Smith:-1 made a proper applica- tion--and intimated that the case was going. further.

His Worship:-I think that because Mr. Ough did not appear it does not follow that the prose. cution was malicious. The way I read the Ordinance is that if after a case there has been any malice shewn in bringing the prosecution..... a frivolous charge or so on-the Magistrate may charge or punish, the complainant, but I am'

taken.

doubtful whether fresh proceedings can be

before the Supreme Court if you doubt it. Mr. Fraser-Smith --I am prepared to argue it Section 32 of Ordinance 14 of 1845-

Mr. Reece interrupted. The summens was not issued under that section.

Mr. Fraser-Smith It doesn't matter what, section it is under-I have the defendant in Court and I can ask his Worship to amend the summons if necessary.

►

His Worship:Yes, certainly; the summons could be amended.

Mr. Recce coincided with the Magistrate's inter- pretation of the Ordinance. Mr. Frager-Smith's proper remedy was to institute a soit for malicious prosecution in the Supreme Court; he could not do anything under the section he had referred to. That referred to Informations.

Mr. Franer-Smith-Well, isn't a summons a criminal information ? -,

Mr. Reece was prepared to submit that it did not apply to that cast.

Mr. Fraser-Smith-He would not get a summons without laying an information, I take iL.

Mr. Reece, sitting down--I submit that neither sections are applicable.

given very eagent reasons for your belief.

Mr. Fraser-Smith :-You don't seem to have

Mr. Rerce 1 submit that the section, applies to the hearing, and not to any subsequent appli- cation.

Mr. Fraser-Smith:-Ithink it must be perfectly apparent to your Worship that this section would be altogether inoperative, taking the basis this gentleman argues upon; it would be competent for anyone to go and swear a false faformation and. never appear, and according to Mr. Reece, there would be no remedy against him.

His Worbip-Mr. Ough did appear. adjourned until sext day

Mr.Fraser-Smith:-Yes, and then the case was

His Worship It was a bond fide application that is to say he did appear and wished to withdraw it. I was unable to give him per- 'mission, but at the same, time I was unable to

compel him to prosecute.

Mr. Fraser-Smith: You will remember that I commenced to make an application to you and you declined to hear it ?

cast.

His Worship-No, that is certainly "not the

Mr. Fraser-Smith:-Will you permit me to continue? I said that the case would go further, and you said you could not hear me on that.

His Worship:--I said I had nothing to do with

that

Mr. Fraser-Smith ;-1 had no intention of going on~this section covers my case exactly.

Mr. Reece submitted that the application should have been made at the time.

Mr. Fraser-Smith Mr. Reece is apparently very anxious to avoid this prosecution.

Mr. Reece I want to get rid of this as soon as I can.

His Worship again pondered over the Ordi-

nance.

The meeting of shareholders to be held to-morrow should threw a good deal of light both on the past and future of the Steam Launch Company. Unless challenged directly on the paint, the Chairman is scarcely likely to volunteer any statement on the subject of the notorious Corner" to which we have just referred, although it seems to us that, in view of the many damn ging sports that were in. circula. tion when the "boom was at its height, some xplanation would not be out of place. For instance it would be reassuring to shareholders and to those of the public who ill regard this enterprise as a useful factor in our little world, to have it plainly announced that neither the Directors nor any person connected with a little hand" in that the management 100k admirably planned but ir judiciously carried out corner. It is only coinmon fairness BAY here that, excepting the tongue of evil rumour, which is rarely reliable in this colony, nothing Las transpired to justify any other conclusion however, the trustees of public interests are very much in the pos tion of Caesar's wife-they ought UNDER the heading "Reported Defalcations in to be above suspicion. The Company's Report of Hongkong and Shanghai Banking Corpora and Statement of Accounts doubt be forth makes the following references to the heavy Lyons," the Shanghai Mercury of the 14th inst. regarding which details will no tion, Manila, aged 26.

[95:

coming, Asan uncontradicted statement appeared loss recently sustained in Lyons by the Hong- in the local press in November last to the effect kong and Shanghai Banking Corporation :-On that the four new launches required by the Monday we referred to the sudden drop in the

Mr. Reece-1 desire to point out to the Court Mr. Reece Interrupted with another sub- Cm any had been put up to public tender and price of Hongkong and Shanghai Bank shares,

that this does not arise out of the present case mission"--I submit that there was no informas alletted to the lowest tenderer-the ordinary and said that the bottom had been knocked out

we are summoned for maliciously taking out a tion in this case.. Your Worship will allow me and proper course with all pablic companies of the market in Hongkong. It was then believed

summons for assault. All this matter is entirely to refer to Archbold's "Pleading and Evidence it would be interesting to know if such was the here that the recent exposures in connection with

irrelevant. I only wished to mention that the in Criminal Cases"; the definition of an infor casa-and if not, why not 7 When was the con- the Rope Company case in Hongkong had a Mr. A. H. Qugh, surveyor and architect in the moment my client came out of Court he'mation is this—“An Information, ex oficio, in tract for the construction of these launches drawn depressing effect upon the speculative spirit of employ of Messrs. Danby and Leigh, appeared expressed regret for using the words, and the formal and written statement of an offence up, and when was it signed? Was the contract

the Colony, and that this in some way affected at the Police Court this morning in answer to a Mr. Webber said that he would arrange the committed, filed by the Queen's Attorney, time seven months If not, what was the actual other stock outside that of the Company in ques-summons taken out by Mr. R. Fraser-Smith, by matter. He has taken out this summons that General." (aughter).

green ent on this point? What arrangement

tion. But we now learn that the fall in Hongkong which he was charged with malicious proaccu- is what Mr. Webber calls arranging the matter. His Worship again consulted the Ordinance was entered into as to demurrage for breach of and Shanghal Banks had another predisposing tion. On coming before Mr. Wodehouse, his Mr. Fraser-Smith It is very singular that | for some time, and then after writing down his contract? What has been done és the anti- cause, this time not in Hongkong or Manila, Worship asked Mr. Reece what case he appeared the only expression of regret I have received in' decision, said—I have considered both these cipated Government subsidy ? in what direc-but in Lyons. There was great excitement in, to which the latter replied that he represented the matter I got after I came into Court a few sections, and I am opinion that under netther of tion is it contemplated to employ the 'two

to-day in the Settlement, over the news from Mr. Ough-in Mr. Fraser-Smith's case,

minutes ago a letter written to Mr. Webber just them can proceedings of this kind be taken after fine for king launches now in course of construc-

head quarters. It seems that a defalcation, to His Worship-That will be tried in the other before, by Mr. Reece, in which he says: "Dear the case has been concluded. Therefore it is tice? These and a dozen others, equally the extent of about three or three-and-a-quarter Court,

Sir-The words of Mr. Ough to which Mr. | impossible for me to hear any evidence on the pertinent, are questions which might well be

iscs of dollars has been discovered in the Lyons Mr. Fraser-Smith and his witnesses then Fraser-Smith takes exception are reported in the subject. answered, and we have no dubt whatever that branch of the Bank, and it is freely stated that took their places la Mr. Pollock's Court, as Dafly Pres as follows My opinion is that he Mr. Fraser-Smith good, your Worship; they can be satisfactorily answered. The Report the Manager, Mr. F. Morel, is involved in the directed, the defendant, his solicitor, Mr. was not sober. If this opinion is erroneous Mr. The second act will be played in the Supreme

Court very encouraging, but the debit balance dicerent versions of the heater peat all the Reece, and a clerk following, with an exten- Ough regrets that be expressed it." Now that is (996) is very much smaller than was generally different versions the matter which are in sive library at law-books. After hearing a not altogether consistent with the story which Mr. Reece The summons is dismissed, I anticipated, and even although nothing has been circulation. We made enquiries at the local number of petly cases respecting a lot of Chinese. Mr. Reece has just told if Mr. Ough expressed take it? allowed for depreciation, the outlook is not branch of the Bank to-day and found that there whose time was not worth a dollar a week, regret to him immediately he went out of Cout altogether a hopelest one. Efficiently managed was no secrecy whatever about the affair. We Mr. Pollock suddenly realised that the parties on Thursday what necessity was there for there seems no reason to doubt that the were at once informed that it was true that a were in Court, and asked Mr. Recco who he writing this letter? Company could pay a fair dividend. The deficiency of Fr. 1,200,00 in the Lyons branch appeared for. meagre details given in the Statement of had been found out, but it isnot known how much

estimate as to cost of management, the Working

Affair will affect the very good bonus which share- Account being conspicuously unsatisfactory in holders were expecting on what has been other this respect. It will also be observed that on June | wise an exceedingly profitable half year in fact 30th, when the accounts were closed, $7,57 the bonus will not now, of course, be pild, and of the third call of $10 per share still remained

there will consequently be much weeping and unpaid, but we understand that since then wailing smongst speculators, particularly in the whole of the outstanding balance has been Hongkong, where a large number of shares received.. The $41 for, transfer fees is highly have been bought from Shanghai for delivery suggestive. From the amount of business at about the end of the year, at prices reported in the Company's shares a much larger ranging from 195 to 208 per cent. premium. return in this department: might reasonably but it is stated that an officer from the London The bank bere has so far but few particulars, bave been looked for, but it is not easy to decide how many of the reported transfers were bogus office bas gone to Lyons to make enquiries into and how many genuine. We live in strange the matter, The defalcation affects the shares times, and the Scam Launch Company, Limited, to the extent of $5 or $6 cach, but we know that with the splendid business and bigh probity of the corporation's branches in the East, and other places, this unfortunate loss will soon be wiped off. Mr. Morel, who is a Belgian, was formerly manager of the Comptoir, and after- wards a well-known and prosperous biļi-broker here. He gave up his business in Shanghai to take charge of the Lyons branch of the Bank

HONGKONG, MONDAY, JULY 29, 1889.

OUR LOCAL STOCKS.

THE STEAM LAUNCH' COMPANY, LIMITED.. The history of the Steam Launch Company is easily told, but, apart, from the moral to be derived, it may be doubted whether it is worth the telling. This concern sprang into existence during the autumn of 1888, ostensibly to meet a long-feis public want, but actually to provide lucrative employment in the shape of steam Launch construction for the principal promoter. As limited liability companies are usually, if not invariably, originated and Acated by persons with some special object in view, who, to use a some. what vulgar but very expressive phrase, 'have an exe to

grind, the promoter of the Steam Launch Company, if his object was not a very lofty one, was only following the example of many high. toned promoters of far more pretentious enter prises. But when a self-elected Board of Direc tors was formed of four gentlemen whore prac tical knowledge of the business which they under- tok to manage was of the most elementary character-with, possibly, one exception, and whose special qualification appeared to consist in the fact that they were property owners at Kowloon, people in this most censor lous of colonies were ill-natured enough to -suggest that another purely philanthropic move- ment was, on foot to enhance the value of houses and land at Tsim-tsa-tsol at the expense of the subscribers to the Steam Launch Com. pany. Of course this was only satire, perhaps not altogether pointless, but still without any absolute foundailon, and would probably have soon been forgotten, had it not leaked out shortly afterwards that shree" out of the four Directors had actually agreed to saddle the aporebolders with an engineering business which kað. about as much to do with the object for

is

Mr. Reece replied that he was for the defen-

Mr. Recce:-50 that there should be no mis- take about it.

Mt. Fraser-Smith :-So that there shouldn't

Account afford no data for basing any reliable | of this may be recovered again. As it is, the dal pollock said that a mistake had been be any mistake, chi And as for saying that

bas been one of the victims.

TELEGRAMS

THT ROYAL GRANTS.

LONDON, July 26th,, Mr. Labouchere in propraing bis amendment (to the proposition of the Government to increase

some ten years ago.

Mr.

made in bringing the case Into that Court.

Mr. Reece replied that Mr. Wodehouas told him it would be tried there.

His Worship-No, I can't try this case here. Everybody then trooped back into the other Court, and passed half an hour listening to the scusational details of a Chinese gambling case on board the steamship Gleniyon. Then Mr. Wodehouse noticed the fashionable audience for Fraser-Smith decided to take the case. He said the first time, and on a polite remaider from Mr.

be would like to hear something about the case first, and sent for the first clerk, Mr. William Monarch Burnside Arthur, which dazzling official, after respectfully removing bis spectacles, in- formed him of the circumstances attending the granting of the summons. At the conclusion of the narrativo

this has nothing to do with the case, you were the very one to introduce it. It was on this point you addressed the Court.

Mr. Reecoli was before addressing the Court on this case that I said I wished to refer to something which occurred on a former occasion,

Mr. Fraser Smith Well, if it was irrelevant, why did you introduce it ?

Mr. Wodehouse The summons is not diss missed-it is not entertained.

Mr. Fraser-Smith; think the summons must be dealt with it has been argued on..

His Worship-It has not been heard on this application—all this is preliminary to it.birt.

Mr. Fraser-Smith The summons has been. inged,

Mr. Recce:And I take it your Worship refuses to entertain ́it ? :

Mr. Fraser-Smith His Worship has catere tained it..

His Worship —The application was not mado to me in the first instance; if it had been' I should certainly have expressed an opinion. I

may be wrong...

Magistrate and heard by another. Do I under- Mr. Frasci-Smith - It has been signed by one. stand that you dismiss the summons

Hi Worship No-I do not entertain, its. that is what}} say,

client does not make any charge against Mr. Mr. Reece:Your Worship will see that my Fraser-Smith of drunkenness or anything of that sort--he bastily expressed an opinion which he says he regretted as soon as it was spoken, Mr. Webber promised to arrange it, and then takes out this summons for malicious prosecu- tion, and I believe the complainant thinks this question is involved in the case before us. I say His Worship sald-Very well, I'll take the it has nothing to do with it. My client has made case, bland d

pase call the amends he can, and I ask your Worship Mr. Reece-Will your Worship allow me to to entirely disregard anything Mr. Fraser-Smith say a word or two before the case goes on fait, may say about it. There is no question

His Worship-3 must first learn what the between is but this if Mr. Fraser-Smith says.\an awkward position with regard to an appeal.

Mr. Fraser-Smith:-I will not venture to dictate to your Worship what course you should take, but my opinion is that you must do one thing. oranother. (Afterexamining t

gthesummons), THE summons is signed by you,

His Worship: -Yet, but it was granted by the other Magistrate.

Mr. Fraser-Smith-You see this places me in

J

J