SUPREME COURT.
'IN SUMMARY JURISDICTION, (Before Mr. Fielding Clarke, Pulins Judge.)
February 26th.
LO WA SUN V. KOʻTIM,'
The adjourned hearing of this esse, in which
THE HONGKONG TELEGRAPH, THURSDAY, MARCH 5, 1891.
HONGKONG AND SHANGHAI BANKING CORPORATION.
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words "must be paid in Hongkong in dollzen" | Proft and Loss Working written across them. -
The Chairman-In reply to Mr. Taylor I have to draw on dividend warrants in London they. to say that if ha or any other abareholder desiren can, presumably, do so by notifying the Board beforehand.
M1, Taylor -How long beforchand} The Chairman-The notice should be given before the end of each half year.
Account 189; Debit Balance as per 1st year's
Workingn/c1890
Balance Sheet....
Debit Balance
at below..............33 605 28 Less Interest at
Cr. of Profit
25.296.79
and Loss..... 4,723.28 30,877.00 56,173-79
in making a goat of yourself. Strangely enough the legal whirlwind didn't tell Ede and the other ante-dliavian ́sponters that heurmy gossip was no evidence, and that his respected 'colleague
The ordinary yearly meeting of shareholders was only, holding himself, up to ridicule. Why "this backsliding, most reverend knight of the inte hore named Corporation was held at the City Hall at noon to-day (Feb. 28th), for the Holy Apostla↑ The Secretary was instructed to call upon the owners to redrala the premises. purpose of receiving the Report of the Court of if Hugh McCallum were not as especially decent Directors together with a Statement of Accounts Scotchman vara duif in Hongkong-wa to 31st December, 1890. There were present: would recommend the owners of the houses in Messrs. H. L. Dalrymple (Chairman); J.
Mr. Taylor-I merely put the question question to ask for the Sanitary Board's Moes, H. Happius, 1. Poesnicker, T. B. Davier because Hongkong shareholders appear to he
H
at a disadvantage as compared with London stand-well, let the thing rip,
Forbes, St. C. Michaelsen (Directors); 1 If the Bovis (Acting Chief Mannger), C. P. Chater, shareholder has too shares and realises on colleague Ede into another, and kept there Bell-Irving, M. S. Silas Sassoon, H. N. them here, and he bas 199 in London and
. J. bermaticnily sealed for three months, it would be McCrich R, 1. RA. Gubble realises on them there, he will get-As the Calls still unpaid de the Sanitary Board and the colony as well G. Gubbay, A. McConachie, E. Sharp, G. an immensity of good.
Champeaux, F. Henderson, S. L. Darby, ivalent in dollars on his London shares-a D. McCulloch, J. H. Cox, N. F. S. Green, Chould be placed on the same footing as share W. H. Young, E. J. Coxan, H. Gaskell, deal more for the latter than for the former.
think it is only right that we in Hongkong Sandry Creditors Taylor, G. S. Coxou, G. Stewart, S. A. Joseph, holders at home. C. A. Uzarlo, and others.
W.
the plalatt, the musigues of à lesson of the authority and a lot of other things, but as matter J. Keswick, D. R. Sassoon, C. J. Holliday de gnarebolders. I, for instanco, a Hongkong'i
Tang Hing Theatre sued for $625.65, the balance. of a deposit paid to the landlord on the sigalag of the lease, was resumed to-day.
Mr. Reece (of Messrs. Ewens and Reccs) was for the plaintiff, and Mr. Hastlags (of Messrs. Wotton and Deacon's office) appeared for the defendant.
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were stuck into one drain and his worthy
Dr. Cantlic, in a special minute stating that a case of small-pox and resulted fatally at the Tung-wab Hospital, wished to know If such Ho Tim, cross-examined by Mr. Reece, said cases were allowed to be retained at that he had paid $18,000 as mortgags on, the rath institution. The Secretary, said a number of October, 1880, that was part of the $38,000. He small-pox wards were isolated from the mais did not remember anything about the $22,000 buildings, the other Sanitary experts knew He did not produce the agreement of the lanse, nothing about the matter, and the curtain was He could not remember what were the terms of rung down in solemn allence. The Hon, Samuel's the lease. The rent book produced was given graspsonho didn't know anything, although by him to the tenant on the 6th October, 1589; he is Surveyor General and President of the the entries therein made were in his bandwriting Sanitary Board that the new hospital hulk His Lordship What are you --A braker Infygda would be used for smallpox cases,
property.
eluched matters.
Have you an office ?—No, a small rooms.
The water supply was the next Itam, and as nobody seemed to know anything whatever, And you keep no accounts ?-No,
beyond mere hearsay or uncertain speculation, Cross-examination continued-The premises as to the probablilty of a scarcity of water for fell down on the 22nd January, 1890, and he public needs, or of the actual provisions made to did not ask the plaintiff for further payment prevent such a catastrophe, the discussion of rent. The theatre was repaired by September, resolved itself into an undignified personal and he then asked the plaintiff's brother to enterrencentry in which the President, the learned Into a new lease for the premises. The month One, the Registrar, and the Secretary all chipped previous to that the plaintiff's brother came to in. Result-wil him and wanted the deposit money. Hé sald he would get the money from Lo Chun. He wrote a letter on the 12th September, 1890, in which he said he would pay the deposit to the plaintiff's brother. He remembered an inter- view with Mr. Ewens, and admitted paying $1,000 or the 19th September. The money came from Lo Chun. He received a further tum of $300 from Lo Chun, but he had not received any more. He had no books to show that he had received such money from Lo Chup. Mr. Hastings aald the plaintiff had no power to age the defendant as there was no contract between the parties. The plaintiff should have brought the action against the original lessor Lo Chun, with whom the deposit had been placed; there was no covenant-between the present parties. He also took exception as to the form of action. It would have been more correct if they had claimed for money paid on behalf of the deposit. He submitted the plaintiff could not claim on the lease, and he farther contended that no evidence had been shown that the defendant had benefited supposing there was a deposit of $1.000. They should give some evi- dence that there was such a sum, yet none and been called. The court might have surmises and suppositions, but he submitted the court could not act upon such as those.
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Your
some
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The Chairm-If Mr. Taylor will leave the matter with the Board I think it will receive dee consideration.
The Chairman The matter will have the Mr. Taylor-Certainly. consideration of the Board of Directors. If there are no further questions I beg to move the adoption of the report and accounts as presented. Mr. D; McCulloch seconded, and it was carried unanimously,"
DIRECTORS.
Mr. George Coran seconded. Carried unanimously, · ·
RE-ELECTION OF DIRECTORS. ' proposing the re-election of Mr. W. H. Forbes, Mr. C. P. Chater have much pleasure In MH. Daltraple and Mr. J. S. Mosc, who up the names individually. retire by rotation, and I shall thank you to pul
was carried in the manner desired by the Mr. G. Stewart seconded, and the re-election
propesor.
... AUDITORS, Messrs. P. Ryrie and F, Henderson were re- Bell-Irving, secanded by Mr. J. H. Cux. elected auditors upon the motion of Mr.:J. jv
· The Chairman then announced that dividend warrants would be posted on Monday.
A Portuguese clerk at the reporters' table Parable on Monday, Sir!
The Chairman-Yes, dividend warrants will be payable on and after Monday the and proximo.
› GREEN ISLAND CEMENT COM.
PANY, LIMITED.
shareholders at the second ordinary yearly meet- The following is the report issued to the ing, to be held at the offices of the Company on Friday, the 6th of March, 1891, at 4 pm. To the Shareholders of the
GREEN ISLAND CEMENT COMPANY, LIMITED, GENTLEMEN,
··Liabilities.
Capital Account:-
Paid up
-
$723.489-77
T. H. Whitehead.. Four competitors, Duncan Sinclair, 39.5, first; J. Carson, 33.9 second'; C. H. Thompson, o; C. Hadden, o. Sinclair's put was unapproachable; Carson's was the next best, but only measured 33. ft. 9 in.
LONG JUMP (three tries)-Prixe presented by Hongkong Athletic Club, L. C. Barff, 18ft Jin, first; J. M. Dow, 16ft. in., second.; J. H. first jump was not passed. The others being Simple, 16ft. 8in., third.. Five competed. Barff's
clean out of the swim,
220 YARDS FLAT RACE (HANDICAP).-First Prize, presented by the Hon. J. J. Keswick. Second Prize by the Hongkong Athletic Club, $720,155.00$720,155.00 Four starters. F. C. Dundas, ist; E. M. Loring,
279.845.00
2nd A. Denison, 3rd: Won easily. Time- 23.1/5. $1,023,000 00
WORKING ACCOUNT, 1890. Dr.
..
To Works, Genel Charges (including
labour on manufacture, Head Office Charges Charges on Stores
D
Raw Material Freight and Transport ............ Stationery...............................
.. Madao Agency Establishment ....... Commission to General Manager en-Sales, &c, &C mini
Stores..................
|| Coal, Coké nad Limestone.......
Advertising
"
Legal Expenses
Packing
Remuneration to General Man ...ager..........
Wages and Salaries......... Auditors' Fees, 1889 & 1890
Cr.
$66,486.13 63.00
3.334-77 $723.489-77
BICY LE RACE, HALF MILE (HANDICAP).— Start in Saddle.Prizes by the Hongkong" Athletic Club. Sample scratch E. L. Colling. wood, 20 yds., first; J. M. E. Machado, 135 yds., second; E. B. Shepherd, 80 yds., third C Aitken, 20 yds. o; A. Denison, 25 yds, a Sample lost a lot at the start and after going once round threw up the sponge. Won easily by Collingwood. Time-2 min,
$ 24.708.79
HALF-MILE FLAT RACE; (Post entries) open 1953.12
so Non-Commissioned ÷officers and of H: M. 130.09 Services, including Police; winners at previous 3,442,74 | meeting in Hongkong and elsewhere to be 4.140.40 | penalised. First prize, $20; second prize, $ioj 594.50 third prize, $5. Presented by J. J. Francis, 236.00 E1qQ.C. Guadah Singh, first; Lan-Copl
Davidson, second; Private Murdoch, third, Nine 3,500.96 started for the race. The first named, who is 3,076.11 now.quie pccteran, winning by twenty yards. 34.938.00 Time--a'min. zlib scc.
352.50 842.00 6,046.75
J
HURDLI RACE, 120 YARDS, 10 FLIGHTS, Previous winners at Hongkong or elsewhere to be penalised af yards. First Prize; presented by G. S. Cakon, Esq.; Second Prize, by the Hong- 5,000.00 kong Athletic Club L. Jackson, first; E. M. 23,815.95 Loring, second; A. Denison, third, Five started 300.00 for this race, and all got off well together. After the sixth hurdle, however, the race lay between Jackson, Denison and Loring, who were making a final struggle when Denison unluckily fell over the last hurdle-leaving the race to Jackson, with Loring a good second.
$115,248,or
By Cement sold.............
Transfer fees............ Stocks of Finished Ce.. ment, Clinker, Coká and Raw material on hand and in course of manufacturers
*13,103.60
79,652.73 Balance to Profit & Loss account 35,605.28
$115,258.01
PROFIT AND LOSS ACCOUNT, On 31st December, 1899, To Working account 1889. Amount at Debit as per 1st year's bilance. sheet .....
..825,296.79
Working account 1897. Amount at Debit as above.......................
By Interest account
operations during the year 1890.
I have to report to you on the Company'sBalance curied down.
Within this period the Works on Green Island have been completed, so far as the amount of capital at the Company's disposal would permit, From the Second quarter of the year the Company commenced a regular output of cernent and sales of the same at prices which-when the output is increased-will undoubtedly leave an appreciable profit.
and the demand for its product far exceeds the The Company, has several contracts pending present supply The excellent quality of the Company's cement has, for a long time, been beyond all doubt It has been approved of br the War Department and included in their specifications whilst it has everywhere given satisfaction.
The Chairman sald Gentlemen, the past hall ar has been a very profitable one, and a glance fast afford our shareholders the utmost satis- At the figures of the report we have presented faction: the evidence of the continued steady development of the Bank's business and the handsome balance for division cannot but be very gratifying to you. When I addressed you. six months ago it was anticipated that the prospects of the half-year would prove very bright in results, and this forecast has been amply realised: in addition tổ
The Chairman proposed the confirmation of usual dividend of C1.fos. per share we are the appointment of C. J. Holliday to the. Board able to distribute a bonus of a like amounts Mr. A. P. MocEwen, who resigned on Icay-
the new shares participating pro rats in ing the colony, this division of profits) and to place 3 lakhs of dollars of reserve I will only refer to one of two of the principal items in the report, and as of primary importance would draw your attention to the consi- derable increase in the sum standing under the certain unfathomable means the Registrar had these have increased to the extent of ten Public latrines were the next teaser, and by head of deposits; daring the past six months discovered that some evil-minded persons had millions of dollars. On the other side of favored the erection of public latrines for the the account, you will observe that our invest perty, and when the property had been thus augmented by the equivalent of purpose of depreciating the value of private pro-ments in Indian Government Loans bave been depreciated the conspirators at once pur. $1,800,000. The £250,000 Console and 3 per cent. chased the property and lo and behold Indian Government Sterling Loan stand in our the latrines immediately disappeared. No! books at £95. As regards Reserve Fund, with by heavens! we are not joking; this most the sum appropriated from the half-year's profits, Munchausen-like statement was actually made and the estimated amount still to come in at lo saber earest by the Hon. J. H. Stewart-the end of next month from the premium on the Lockhart, Registrar-General of Hongkong, balance of instalments of the new shares, our Member of the Legislative Council, etc., and he reserve on 31st March will stand at About followed it up by a proposition prohibiting any. $7,500,000. We have also thought it body from opening a latrine for public use with desirable to put aside out of our large profits out the sanction of the Sanitary Board. We the sum of $100,000 against, Bank Premises panse to take a breath for a few minutes, to account, and it is our intention, from time to enable us to think over this latest charge of time, when profits admit, to continue this policy. criminal conspiracy There now! we have Whilst recommending the adoption of this recovered by the aid of a little stimulant of a principle we do not wish you to think that liquid nature. Mr. Nathaniel J. Ede, the fore our assets under this heading do not represent man of the jury in the Conspiracy case, seconded good value: on the contrary, we look on the Registrar's resolution; he said that he the cost of our real estate, as, it now had himself lately heard of such attempts at stands in the books, as below its intrinsic depreciation of property having been made. Wat value, but following the example of the this enough from such a professedly strict apostle leading English Banks, we are of opinion of the pure and virtuous as Mr. Ede pretends to that a policy of gradual writing down is be? We think not. What did he hear, and sound and prudent. It is in contemplation His lordship said the claim was for the balance from whom ? Was it not his duty as an honest to erect new banking premises at Singapore, at of a deposit of $2.000 paid by the original man-we don't go any further-to state the cases, which port our business has of late years very lessee Chew Chow Man, to the lessor, Lo giving names of properties and persons? No largely increased, and we think you will all Chun. Credit had been given for $1.300, and doubt it was, and as he failed to do so we have allow that our present offices there are not worthy a amali sem had been deducted for rent and no hesitation in writing down, Mr. Ede In his of this institution: we have acquired a suitable taxes, leaving the balance $625.65, the amount public capacity of a Sanitary reformer as a first-and very central site, and shall shortly be claimed. The lease was, that at a certalo rent class sham. As Mr. Ede bears so much, did considering and deciding on plans for the new he was to have the Tang Hing Theatre and it a report at any time reach his ever-open ears of bank: the outlay under this head furnishes our was, therein provided that on the expiry of the certain persons palming off on a newly formed reason for writing down as opportunities arise. agreement the lessee should pay $2.000, which Industrial enterprise' à say-mill plant, that had Your Directors have again, for the third time in should be returned at the finish of the lease. proved a fallure in Hongkong and had been the annals of the Bank's history, desired to Lo Ching afterwards transferred the lease and openly hawked round the town for sale at specially recognise the zeal and general ability agreed to hold the $2.000 for the plaintiff, the $10,000, for $28,000? Perhaps not; but if he is of the staff, and have voted our employés a substituted lessee, Subsequently transfer of interested, we shall be glad to favor him with bonus of lo per cent, on their salaries for 1890, the property was made by Lo Chun on the particulars. The Q.C. thought the Government and I am confident that you will warmly endorse 11th October, 1889, to He Tim, the present ought to have been asked first, but as this was the action of your Directors (applause). At the defendant, and the question had been argued step in advance he would not oppose the same time we wish to here record our sense of the whether Ho Tim was liable for that sum. The motion. The profound reasoning of the eloquent services rendered by our managers, agents, and question had to be decided on another considera- Francis will doubtless strike our readers with staff, and in recognition of which we have passed tlon, On the 1th October, 1889, the defendant the force of a full-grown mult.
this vote. As you are most of you doubtless took the theatre and it seemed to him, (his
Mr. Ede, who appears to have been making a aware a general tour of inspection of the Bank's lordship) quite clear that if he actually received personal study of a congenial subject, had a few branches has been undertaken by our San the $2,000 and agreed to hold it on the words with his dearly beloved-no, learned Francisco agent during the past few months, and same terms he would be liable on the same friend anunt the regulation of Chinese cemete. I am glad to be able to inform you that so far as grounds as that for which the money was rics. We regret that our space is too valuable this hes at present been accomplished, Mr. received. There was no actual proof, he to allow us conscientiously to devote any portion Harris has reported very favourably on the solicitor said the court could not act on surtaises tombs of our Celestial friends, or to Mr. Jaa. J. tops and Shanghai, to Japan, which he cantem: had received the money, but the defendant's of it either to Mr. Ede's meditations among the position in which he has found matters. Our inspector now on his way, vid the coast and suppositions. The court was guided by Francis' frivolous objections to nothing. such, and it would be impossible to arrive at conclusions at all if they were not, taken into | Government Civil Hospital, very properly bad and from whence he will have to resume charge Dr. Atkinson, the Superintendent of the plates visiting while on his tour of inspection consideration, therefore he did not agree with Mr. directed the attention of the Sinitary Sanhedrim of our agency at San Francisco. When we last Hastings, He then reviewed the evidence, charac to the fact that a patient suffering from small- met I referred to Mr. Jackson's services, and you terising the defendant's statements as being quite pox had been brought to the Hospital in a public were good enough to pass a special vote of unreliable. The defendant admitted the claim shuma estal Doctor had taken the thanks to him and the staff. I am sorry he is by the letter he had written on the 13th Septens precauties to disinfect the vehicle, but he not present to-day to receive your thanks for ber, and he believed the defendant actually thought, and so do we, that it was the Sanitary mental in producing. The constant fluctuations received the deposit money and that the plaintiff Board's business, if that stale imposition has any silver during the past six months must have was justified in looking him for it Judg.business, to prevent such a danger to the public made his duties, at times, very onerous and ment for the amount claimed and costs..
beath occurring in fature. Wordy discussion anxious, but you have the results before Pag,nsual, and as usual no definite result.
and I need you
Do moze on this Small-pox, it seems, is raging in Canton and subject: facts and figures testify very amply Macao, and the effective methad the Hongkong to the services I have referred to. Mr. de Meeting of the Sanitary Board last Friday after. Sanitary Board adopted of preventing the disease Bavis took over charge on the rat January, noon. Fresent-the sisual quorum of spouters Instructing the Secretary to address the captains Noble next autumn: in hiza you have an able from being introduced Into Hongkong, was in and will remain here until the return of Mr, and honest John Humphreys. Sita for a Western and officers of steamers plying between Hong- chief and one in whom the Directors have Market discussed. We thought that had been kong and Canton and Macao, advising them to complete confidence. Your Directors have mettled years ago; but then the QC once exercise increased vigilance and report any case to regret the loss of an old and valued upon a time estimable friend. Price was always found at once. A true bill; as we live and manager in the person of the late Mr., Edward then the Board went home to dine, each member Monti, who had died in Yokohama last autumn. unfathomable. The late hon, the Surveyor isn't fancying himself an insportant factor in the Now, gentlemen, I have but one more matter to the Q.C.' friend now by a long chalk I would be dally existence of Hongkong. Great Cesar! touch upon, and that is in connection with the very sorry to be; so would we. The odour of Governor des Voix has yet done nothing la financial troubles in London at the end of last the association le not altogether, altar of roses. this colony that will gigs his name and gigfw! yearTM The threatened collapse of probably the Mr. Ede, who as a paid employs of the Union He is practically unsafe the masses with ber caused almost a panic in banking circles:
anything beyond the most ephemeral existence fargest commercial house in the world last Novem Insurance Society, is entirely out of place on the the classes (the Lord help them he is sald tp this catastrophe was, through the abin kisanagë... Saultary Board, thought a large market on the have earned, imost unenviable: kupopularity ment of the Bank of England, happily averted. foreshore opposite the Sillors' Home would be. He is not a waiveriai female adores like Sir Invliations were made to the leading banks in the best. He didn't say why he thought so personally acquainting himself with the rank Bank of England, and in this your Directors at George Bowen, and his heila has prevented his Londen to participate in a guarantee to the doubtless because he didn't know. He certainly and file of the people he to supposed to governance consented to share we have come under doesn't know very much at the best, unless it Fe known little or sathing about the Hongkong a guarantee to the Bank of England to the be how to plio up the shekels, and all the lost people, their modes of life and palitical and social extent of
& Co., and I am glad to be tribes are adepts at that game The Cpirations, their conditions and prospects la Baringo on account of Messrs. thought that site would be a good one, but hinted fact all he knows is that he has been told, and able to inform you that we have it on good those who told him know exactly he muck and authority that the liquidation is proceeding that he held a brief for the Trustees of the more than His Excellency Plain-speaking, vary satisfactorily and that there is Sallors' Home, and they would see the Sanitary but true. Tas Hongkong Government, in its reason to anticipate that no call on the "every Board doubly distilled before any market should. small way, is one of the biggest shams on the guarantors will be made... I think it is be erected in front of their show. The Hon har et la globes, overy, department of the but right that was should here. record: our Samuel grinned, the Registrar General groaned, Service Is an Imposition on public good nature appreciation of his services, and our thanks to the and the QC with fippancy all his own, which, in the United States for instance or any Governor of the Bank of England, who so opined that it would be best to consider the whole matter de soup--this break out in dead of the Australasian colonies, would not be promptly stepped, into the breach, and by his tolerated for Abe day, We include the Courts timely and energetic action, with the assistance tongue is the result of John Joseph's wrestling of furice, which loudly call for thorough of the Government, averted one of the most ith the midnight oil, and coolly proposed fast, cleansing without further delay. But the biggest serious financial and commercial crises of modern the Hon. Samuel, Stewart-Lockhart, and Brather, aiming fraud today is that emasculated society times. Is conclusion, gentlemen, I have Ede should be appointed as Bound to investigate of chattering ninales known as the Sanitary only to add that the business of our Bank and report, Agreed to with startling sosnimity, Beard. If Geremos das Voro wishes to goes on very satisfactorily. We are satisfied but nobody knew what they were voting for, nor end from his retirement,
and is in sui- that the increase of our capital was a wise step, de they know now.
falou, please
, "elents" "good" health po The smells from some dralas in Mosque. Ter recomiend him to lasugurate fly on we find employment for all our funds, ***** pubilo report is the best that has ever been issued rice were the next course, and the inepressible, pumption, of the disties of his highs office by by the Bask. Before moving the adoption of Zde, he appeals to peads consider af apporo at once, and without, hesitation suspending the the report and accounts. I shall be pleased to tion of time that belongs to his employers functions of these so-called Sanitary authorities, answer any questions that shareholders may amelling around the cesspools of the colony, sald, antil page can be taken to summarily abolishish to put to the chair.
Tromba ka had been told there was a gret deal of side public body that has undered itself the laughing. Mr. C. S. Taylor asked whether it could be nead in that quarter, but he did now whether stock of the enlany 3. The sooner the foundation arranged that Hongkong, shareholders desirous the drains had anything to do with it or not fald for a Misnicipal Council in Hongkong, of realising on thels dividend warrants in sterl Well, friend Ede, if you didn't know about the the better will be both far, the Government Ing in London would be allowed to do so? He drains, and if you were only said about the fed the commmeity. And the only difficultiesas under the impression that such an arrange. sickness, you ought to have surclandcm in the way kaw a few, contempublé faldies and ment was mooted some, years ago, but he did wise discretion and kept your mouth shutz You: parasites of a past age, who ought long since to not think it could be done even at the ment Diver Properties don't often chuck out pessis of wisdom, and on have been allowed to quietly languish in thelf tinke. He asked the question because he noticed) Furniture dals pocsplox yas seem to have saly, eneseeded I own impotente, bemand waai wasa invariably issued bearing Se 1 Bundry Dabiole
A SANITARY BOARD BURLESQUE
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the magnificent report he has been so fastru-
The Directors are giving their earnest attention to an extension of the machinery plant. Certain apparatus is here awaiting crection and only requires motive power to place it in working.. order. For this purpose every endeavour is being made to ensure the payment of, at least, so much of the overdue calls and interest as will | cover the cost of this extension. I have every
to shew a most satisfactory result of the present hope, therefore, that within the corsing half-year the dally output will have been so increased as year's working
quent on the extension of the Factory referred Excepting only such buildings as are conse- to above, constraction work on any scale of importance, is entirely finished. January, 1891, Meats, Amhold, Karberg & Co. At an Extraordinary Meeling hald on the 3rd Company Their appointment was confirmed on the 19th January, 1891, to date from the 20th were appointed General Managers of the
Jahuary, 1891.
Under or by virtue of a Special Resolution passed and confirmed at the above meetings, 7,014 shares were forfeited.
Directors by appointing Mr. James Orange
It is thought desirable to add to the number of
Nolasco da Silva, and their election as members and an influental Macao resident, Mr. Pedro of the Board is consequently recommended.
I beg to anhex to this Report the Balance Sheet for the period under review, shewing the financial position of the Company on the gist December, 1896M
Chairman,
Berat lobort in C. EWENS, Hongkong, 19th January, 1791. 52 hot
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BALANCE SHEET ON 31ST DECEMBER, 1890.
met2iuntura mainan Jac Properties Account Purchase from Green Island Cement
Co., La. of their rights in Giten:
***** 35.025.28
$ F6,931.07.
..$ 4,728.28
·56,173-79
$60,902.07
C. EWENS, General Manager.
I have compared the above statement' with the Books and Vouchers of the Company and certify the same to be correct.
JAMES H. Cox, Auditor,
Hongkong, 23rd February, 1891.
HONGKONG ATHLETIC CLUB.
FIRST ANNUAL MEETING,
Saturday, the 28th February, 1891.
Open to all gentlemen amateurs who are members, subscribers or visitors of the Hang- kong Athletic Club (or who have been invited to compete.)
.:
Pipers of the 1st A. & S. Highlanders played By kind permission of Colonel Chater and the Officers of the Regiment, the Band and
during the afternoon.
William des Voeux, K. C.M.G., &c. &c.
President His Excellency Sir George Vice-President-The Hon. Calchick Paul
Chater,
Com Hon. S. Brown; 6. A. Caldwell, Commilles :-Dr. J. M. Atkinson; J. J. Bell Esq His Honour Fielding Clarke: G Coxon, Esq.; Capt. Duvidann, 1st A. & S. H.; A. Denison, Esq.; W. H. Forbes, Esq. Charles Ford, Esq.; J. J. Francis, Esq. O D. Gilles, Esq. E. H. Gore-Booth, Esq.; H Hoppius, Esq.; J. D. Humphreys, Esq. Hon. J. Kerwick; J. M. Laing, Esq. A. Thomas Jackson, Esq.; H. U. Jefferies, Esq
Capt. Rumsey. R.N.; DR. Sassoon, Esq. Leach, Esq.: R. K. Leigh, Esq. McCallum, C. H. Thompson, Esq.; A. K. Travers, Esq; 1.5. Van Buren, Esq.;. V. V. Vemon Eg Hon. T. H, Whitehead; A. G. Wise, Esq.
Judges. Leach; Esq, Capt. Henderson, A. & S. H.; A. G. Wise, Esq., R. K. Leigh, Eq....Y. V. Vernon, Laq,
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LADIES'. PURSE-HALF-MILE FLAT RACE (HANDICAP)-Prizes presented by the Ladies of Hongkong.To be presented immediately after the race by Miss C. Birker. R. E. Humphreys, first; R. F. Lammert, second; A. Rodger, third. Six starters. A fine race. Godsil led by 30 yards until about too yards from home, when Hums phreys came through the field with a rush and won by a yard from Lammert, who finished very gamely: A fair third. Time--2.15.
HIGH JUMP; three tries). Prize presented by R. K. Leigh, Esq. LC. Barff, 5.1 f., first P. M. de N, Braga, o; C. N. P. Remedios, p; J. J. M. E. Machado, o: Four competed, and the event was well contested. The air, however, proved a trifle too dense for Machado, who finally retired leaving Barff, Braga aud Remedios: to contest the event. Barff eventually won with the moderate record of gft. tin...:
100 YARDS CHållenge Cup.-Presented by H. N. Mody, Eaŋ, ́Holder J. M. Atkinson.—To be won two years in succession before becoming the property of a competi.or. Second Prize by: the Hongkong Athlètic Club. First three in each heat to run in the Final F. C. Dundas, first J. M. Aikinson, second: E. M. Loring.. third H. S. Burn, o; C. N. Young; R. P. Robinson; M. Dow. This event was run in one beat there being only seven starters. A splendid race and most exciting finish between Atkinson, Jast year's winner of the cup, and Dundas, who eventually won by a few fuches.
HIGHLAND FLING-Open to Soldiers and Palico-Competitors to be in full Highland costume. Judges: Colonel Chater, David Gillies, Esq., and Captain G. C. Anderson. First Prize, $25. presented by D. Gillies, E1q, SecondTMTM Prste, $15, "présented by Capt. G. C. Anderson, ̈• There were only three entries for this event, Private John Robb belog the first to 'face the music. He was followed by Piper J. S. Stewart and S. Maclennan 'the latter was awarded first prize. Piper Stewart was second, and Private John Robb a decent third.
THROWING THE "CRICKET BALL (Three tries)-Prize presented by the Hongkong Athletic Club. J. T. H. Sample,.98ft. 6in., first; C5. Barff, 96lt; second; H. S. Bura, gelt. g., third. Three entries only.
a First and Second Frizes presented by GA Caldwell, Esq. J. H. Sample, first; E. L Collingwood; sicood; J. M. E. Machado, third;
BICYCLE RACE, ONE-MILE (HANDICAP).--Start
Aitken, o; E. B. Shepherd, o; A. A. de Costa, o. Six starters. Three competitors fell out of the race which resulted in rather an easy win for Sample, with Collingwood a good second. Machado landed in safely sometime after. Time: ---3-478-**
MILE CHALLENGE CUP-Presented by E. R. Belillos, Esq; holder R. E. Humphreys, To be won two years in succession before becoming the property of a competitor. Second Prize by the Hongkong Athletic Club. There were only Barff, Godail, R. E. Humphrers, H. Gedge, and five starters for this race out of 15 entries. L. C
won the event last year, and considerable R. F. Lammert toed the scratch: Humphreys interest was he should become the possessor_of_it manifested ས་ to whether or not. A good start was effected and the race lay virtually between Humphreys and Gedge. The latter stuck most pluckily to hisleng Iegged opponent, but atride will always tell, and Humphreys ultimately won a really good race by about 3 yards the rest nowhere, Time- 5 min. 16 1008 )
Fudges of Dancing--Col. Chater, 1st A. & S. H; David Gillies, Esq.; Capt. G. C. Anderson,
Handicappers-0. A. Caldwell, Esq.; A. Denison, Esq;, F. A. Hazeland, Esq.; W. H. VETERANS, RACE-120 YARDS FLAT RACE Young, Esq.
(HANDICAP) Competiton to be over 35 years Clerks of the Course:-James, Saponin India, China or the tropica First Prize of age and of not less than ro years' residence
Island, Macas and of their Workshop Esq. A. Denison, Esq. C. H. Thompson, presented by the Hon-O. P. Chater, Second
Goodwill; Business,' Machinery and Buildings per Articles of Association and first year's Balance Sheet....................................$436.906.13 Reclaimed · Land, as per ·
16,831.45
1st year's... Balance; enda alama, Sheet.com) (15,168.15 - Of Reclaimed Land, in the
year 1890.htoni 4 4,664,31 Buildings, Machinery and cost of erecting the bame as per 1st year's Balance SheetBERRIAK- Buildings, Machinery" In
the year 1896
Cub -
w-155,911.99
13.030.70
85,995:171 69,916.83 ·
On hand and to Hongkong&Shang-VA
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1582-77 Coal, Coke and Limestone Stones, Packing Material,...,"
retail Oli, Labricaria, Sandry,
by pi ceblade Iron Ware
Menúfactured Stocks→ 43
Finished Cement and this Raw Material in coursera. of manufacturs Cementoncǝnsigament
outstanding will
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13,103.60
....
B49.1,7. Grant, Esq.; E, H Gore-Booth, Esq.
Starter G. A. Caldwell, Esq. San Markamın 1-Į. H. Sample, Esq.;· F.A. Haveland, Esq.
Tyme Kuper-Hoctor Sampson, Esg Treasurer )—W, R. Needham, Esq. . Hon. Secretary—W, H. Young, Esq...
Prize by the Hongkong Athletis Cla Nine veterans stripped for this coveted prize, which was won after a most interesting struggle by A. Rodger in the excellent-time of rs r-gth-socs, Melbys was a good second, and Burnle wall up for third place.ty "Nutrent 4 en sla
DOUGLAS CHALLENGE CUP.-QUARTER-MILM FLAT RACE),Presented by John S. Laprak, Eg Holder J. M. Atkinson. To be won twe The first meeting of the Hongkong Athletic years in succession before becoming the property Club was held on the Race-course, Happy of competitor, Second Prize by the Hongkong Valley this afternoon. The attendance was Athletic Club Osly four men faced the starter only moderate at first, but as the afternoon for this eventAtkinson led for about half the advancedsa fairly large number of spectators, distance when he was passed by Dandas, who many of the fair sex, ensembled in the disked a fine style and won as he liked. Grand Stand and enclosure: The heat was in Loring, walked in for second place the tes tense and was very much against the accomplish Anished nowhere. ment of fast times-to: say nothing of besis on up-OF-WAR- men aside. Open to all focord in the flat races or any other creats of comers Nationality to be decided by that of
varied programme. However, all passed if the father. satisfactorily, the net result being an enjoyable spikes or nails allowed. No sitting down. No To be pulled over 15 feet. No afternoon's sport: Special interest was centred holes to be dug in the ground before pulling. In the Veterans' race which was pulled off by To be decided by one pull Frises presented by Price presented by D, R. Sassoon, Ests Second Mr. Rodger in 13 1-gth sacs, but the Club Germanis. This context, which usually
20 YARDS FLAT RACE (Handicap)-First Prize by the Hengkong Athletic Club First
on proved rather a medley this year, and cases no small amount of interest to be centred indeed legal advice: (grails for once) had to be
in each Heat to run in the Final: E. M. called in to decide what teams were qualified to Loring, first.C Dandas second : J. M. pull. After sort of Kilkenny cat businessa Naval Atkinson, tafid; This event was in off in one team, 'the greatest of ease, palled eight men
th
Cycle be there being only eight starter: A good zace from the Regiment, over the lids, after which Chad and mi exceedingly close falsh Atkinson coming performance they tackled a Polica team which wap within wet sad at the 41st. Won by a few was supposed to be formed solely of men who persado afrk Inches. Time--131'acceHalled fine North of the Twled, and this tank AUG 2015.04 PUTTING THE SHOT (15 lbs.) (y ti, quay no the Navy men and performed with consummate
1753ygayál Efollow, Open --Pride' presented by the Yan,,'ento,
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