1901-10-10 — Page 3

THE HONGKONG TELEGRAPH, THURSDAY, OCTOBER 10, 1901.

UNION INSURANCE 80CIETY OF ] be re-elecíad mud tors, and the meeting unan-

CANTON, LIMITED."

ANNUALÝMEETING, ["

The twenty-eight ordinary yearly meeting of the Union Insurance Society of Canton' was held at noon to-day at the Head Office of the Society, No. 1, Queen's Buildings, Mr. R. L. Richardson presided over a well attended meet- ing. Anong other Directors present" were:--- Messrs. N. A. Sicbs, S. Sharp, and G. 11. Medhurst with W. J. Saunders (secretary),

The shareholders present were :-Messrs. A, B. Rouse, C. H. P.. Hay, C. M. S. Burnie, H. J. M. Carvalho, J. A. Carvalho, A. G. Morris, B. Byramjee, R. C. Wilcox, W. A Cruick shank, W. R. Ray, and A. Finke.

THE REPORT,'

The following report was submitted to the meeting The Directors have now to submit to the shareholders a report of the business of the society for the year 19ne and for the six months ending the 30th June, 190).,

1900.-The net premium collected for the yer, after deducting returns and reinsurances, amounts to $2,682,643.94. After providing for a bonus of zo per cent, na gatiibutions paid in May last, there remains at Credit of Work- ing Account a balance of $97.543.38 as per annexeil statement. -

From this sum the Directors recommend the payment of a dividend of $15 per share, equi váleni to 46 per cent.. on the paid up Capital of $50 per share, and an addition to the Reserve Fund of $75,000-raising the Reserve to $1,500,000. The balance remaining Sana 543-38 they propose to carry forward to under-writing suspense account to close the account for the year 1990.

of

Ago-The position for the present year, ag Er as it can be ascertained, is as follows:--- Balance of working zċrnunt to the oth June as per annexed statement,...

Add estimate of Premium to joth

September,

Estimate of losses to pay,

DIRECTORS...

{

imously approved of the motion.

The Chairman :-That is all the business before this Board, and l'have much pleasure în saying the bonuses will be sent out to

morrow.

HONGKONG BOAT CLUB, There will be a scratch race for four-pared boats on Monday next, the 14th instant, at 5.15 p.m. over three-quarter of a mile on the regatta

course. A launch will leave Statute Wharf at 3 pan. for the convenience of members, friends of members and reporters. The following are the three competing crews

BOAT AND STATION,-NÓ, IL

». 'F. C. Barlow (bow) ........ get gib

j. Plummer

C. Sherrington

9st 41b .12st Sib

E. A. Katsch (stroke) ........ gst rob GK. Steve Jr. (cox)

NO. 3.

E[St I th 11s: 11th

• J. Bošėniow (bow)... 11. Heckford

H. L. Bengay, R.E... tst 4 E. W. Carpenter (stroke)...118 S.. A. Seth (cox)

he stereotyped official denial will doubtless be forthcoming as usuall

Intimations.

SANITARY

BOARD.

Padas Expedition-The Resident of Beau- fort laconically wires to Resident Labuap: Returned here, expedition successfat !"" This may mean anything. The great secrecystal Division of the City of Victoria, WNERS of HOUSES situated in the which is maintained makes those knowing the and in the Western Division of Kowloon, Chartered Company's ways, sceptical." This | who have not had their Premises LIME. message only leaked out through one of the WASHED and CLEANSED in accordance subordinate officials allowing his tongue to with Law, are reminded that the period during wag in the Bazaar, whilst rather merry. A which this work should be FINISHED ends on the 31st day of OCTOBER, 1901, and the sample of how things are nin here!

Sanitary Board being convinced of the necessity of Cleanliness in its efforts to Stamp dut Plague, is determined to rigorously prosecute any owner in default after the above named Date. Garden Road on the East, and Morrison Street The Central Division of the City lies between” and East Street on the West. The Westem Division of Kowloon is all that part of the Kowloon Peninsula to the West of Robinson Road and includes Tsim Sha Tsui, Yau Ma Ti, Mong Kok Tsui, Tai Kok Tsui and Sham Shui

By Order of the Board,

THE PLAGUE.

Number of cases reported (Chinese...... 5562 up till noon of the 9th Other Asiatics 54 October, 1901 Europeans31

(Chinese ....... Number of cases reported Other Asiatics o

during the past 24 hours

Europeans.... Total number of cases reported to date 1,647 Number of deaths reported (Chinese......1,527 up till noon of the 9th Other Asiatics, 36 Europeans.....12 Other Asiatics o Chinese O

Europeans... 0

October, 190.....

Number of deaths reported during the past 24 hours"

Po.

Sanitary Board Office, 1st October, 1901.

7

NO. 3, H. Hursthouse (bow).... W. J. G. Whiley

G. M. Young...

H. Kennett (strokej H. Skitt (cox).

yst 9st 5th

9st 411.

Total number of deaths recorded to date 1.575 Since noon, on Saturday last the cases and deaths are:-

..

T

Cases Chinese.....

+1

Other Asiatics European

Toini

AT THE MAGISTRACY,

AN ABUSIVE FOREMAN,

Mr. F. G. Hanson, manager to Kaing On, a contractor, summoned Chung Tsung, a foreman in the employ of the firm for behaving in a disorderly manner and using indecent and and threatening language towards him. His evidence was to the effect that on the moming $1,365,189.94

of the gth inst. He had occasion to address the defendant about non compliance with an 700,000,00

order. The defendant made use of foul language $2,125,189.04 | and, becoming abusive, was struck by com- 670,000.00 plainant. Mr. Hazeland fined him $15 or 6

weeks' imprisonment. $145389

ASSAULT.

Since the last general meeting Mr. H. W, Chung Tsung then summoned Mr. Hanson Shule las joined the Board, and Mt. J. A. | for assault, and the defendant was ordered to MacKay has resigned his seat on leaving the * Colony.

•

In nccpidance with clause 86 of the articles of association, Mr. C. S. Sharp and Mr. G. B. Medhurst retire, but offer demselves for re élection..

AUDITORS.

Messrs J. 11. Cos and W. Hutton Patts retire, but offer themselves, for re-election.

pay $15.

ON THE WAR" PATH.

Sin - Ki Shan,this morning paid $100. for commencing work by cutting through a party wall between Nos. 09 and to Hollywood Road without a permis from the Public Works Department, in contravention of section 69 of the Building Ordinance, 1889, Mr. P. I. Crisp, Inspector of Building's, prosecuted

2

LABUAN NOTES.

Sandakan Treasury,

Pangeran Tengah has scored and scooped in the dollars, but his retainers have been duped. Some of them have already applied to the

|

Deaths Chinese.....

Other Asiatics Europeans......

Total

The plague returns for last week were →→

Cases............... Deaths...

3.

VEXATIOUS LITIGATION IN

JAPAN.

A Foreign Banker," writes the following letter to Mr. Masujima's journal, the Register: | I wish to call your attention and through you, the attention of the reading public, to the dis- . discredit attaching to the Japanese Courts front the amount of vexatious litigations arising out of the technicalities of Bills of Exchange, Pro- missory Notes, &c. &c. Every one acquainted with Japanese commercial affairs will know what I am referring to.

The trouble arises partly from a blind ad- option of the German systein of business methods,-a system full of unnecessary forma- lities and technicalities and partly from a“ lack of common sense in arriving at a judicial decision.'

The systems in vogue in England and America are far more free from these numerous technicalities and formalities, behind which dishonesty is often prone to skulk. If the Japanese were wise they would amend their laws so as to give inure real security and less red tape.

THE LOST YOKOHAMA-BOUND OIL SHIP:

་

G. A, WOODCOCK,

Secretary.

[1083c

CANTON INSURANCE OFFICE, LIMITED.

NOTICE TO SHAREHOLDERS,

HE TWENTIETH ORDINARY GEN-

ERAL MEETING

SHARE- เนี HOLDERS will be held at the OFFICES of the Undersigned at 12 o'clock (NOON), on THURSDAY, the Nth October.

The TRANSFER BOOKS of the Company will be CLOSED from the 3rd to the 17th October, both Days inclusive.

JARDINE, MATHESON & CO, General Agents,

CANTON INSURANCE UFFICE,

LIMITED.

Hongkong, 25th September, 1901.

WANTED.

f1058c

N EXPERIENCED LADY MANAGER

Afor CRAIGIEBURK HOTEL

Apply by Letter, stating experience and enclosing copies of Testimonials, &c., to

THE MANAGER,

CRAIGIEBURN HOTEL. [B52c Hongkong, 8th August, 1901

IMPERIAL BANK OF CHINA.

WANTED.

A Act as COMPRADORE from next China New Year.

N EXPERIENCED MAN of business to

Full Particulars can be obtained on applica tion to the Undersigned..

By Order of the Board of Directors,

E. W. RUTTER, Manager.. Hongkong, seth July, 1901;

(8121: GREEN ISLAND CEMENT COMPANY,

LIMITED. T

85.50 $3.30

PORTLAND CEMENT.

Cask of 375 lbs. Net ex Factory, Bag of 250 lbs.

SHEWAN, TOMES & CO., General Managers,

fro

Hongkong, 1st June, 1001.

C. E. WARREN,

BUILDING CONTRACTOR, Wyndham STREET (Opposite to the

Club GERMANIA).

SANITARY APPLIANCES SUPPLIED DRAINS, TRAPS, WASTE PIPES, &c., CLEANSED and RE- PAIRED. Sanitary Board Notices receive prompt attention. Agent for MOSAIC TILES.

-15585-

DROZ

New comes from Australia of the finding on Bikar Island, a small uninhabited atoll of the Marshall-group, of wreckage which is thought to indicate that the British ship"

"Manchester | Prices în Application. came to grief there. Foctprints and marks of two boats' keels on the sand and other signs make it seem probable that the captain and his wife and children and crew had, been on the island, and, being unable to find water, had pushed off again. There were footprints of d woman and children" plainly marked in the LEVER sand. Also there were found bodies of birds which had been sucked for blood to aflay thirst. A small schooner came across these traces

& Co.,

WATCH MANUFACTURERS," STEAM FACTORY ESTABLISHED 1864. ST. IMIER, SWITZERLAND.

SPECIALITIES: WATCH & CHRONOGRAPHS.

TRADE MARKS: MAXIM, BERNA, &c.

Resident of Labuan for proceedings against about three months ago, and as no trace has EPAIRS of WATCHES and CLOCKS.

the Pangeran to show cause why the latter should not hand over amounts alleged to be due to them out of this money. No official cession of territory baving yet been recognized, the Tabuan authorities of course have no juris- diction to grant their request. These retainers are now wiser but sadder men, and likely to remain so.

D

by competent European experts at Moderate Rate.

No. 10, QUEEN'S ROAD CENTRAL. Hongkong. 15th May, 1000

been found of the missing people since, it is supposed that they died of. thirst before reach- ing inhabited istands. The body of one man was found in the scrub near the shere. Many T. cases of kerosene were scattered about the beach. The Manchester, Captain F. Clemens, left New York loaded with kerosene for Yoko. hama a year ago and has never been seen since. She was a four-masted steel ship of 2,851 tons. Kobe Herald.-

The Chairman said :-The report has been in your hands for nearly three weeks, and, with your permission, we will take it as read. The premium income for the year 1900 amounts to nearly three million dollars and exceeds the THE ATTEMPTED CESSION OF BRUNEI pemium income for the year 1899 by more

TERRITORY. than $300,000. On the other hand, he losses

(From our own Correspondent.) are also sonic $300,000 more than they were in

LAIAN, September 29th. - 1899. The percentage of underwriting profit From further particulars which have now is, therefore, not so good as last year, and it is leaked out, it appears a certain l'angeran of satisfactory to note that, notwithstanding this, Dent Province, for some time past in the ser we are able to recommend an increased dividvice of B. N. B. Company--to old Borneans the end of $23 per share compared with $20 per celebrated Abbas of Menambok-has received share last year. This is mainly duc to the $2,500 for "brokerage” on the recent transac: increased interest account, which in its turn is tions and Pangeran Tengah of Mengalong an due partly to the growth of our various reserve immediate advance of $11,000 against his ces- fonds-and partly to the increase in premium sion money. This news is confirmed from receipts. We propose, to place $75,000 to native sources also, and with the payments of Reserve Fund, which will raise this fand to the $4,000 and 57,000 before referred to, to the round sum of on a million and a half of dollars, Brunei Royal family just accounts for the and to carry forward the balance, viz $292,cqu$25,000-brought down by the 5.5. Labuan from against outstanding losses and claims. This finishes with the year tooc. As regards the figures for the year 1901, they differ very little from the figures shown for the year 1900 in last year's report and are so far satisfactory. Į would like to point out to Shareholders that, as regards the first six months of 1901, there is no very large increase either in premium receipts or in interest as compared with "1900, and that, therefore, they must not expect another step upwards of three dollars in the dividend next year. Considering the state of trade all over the world and especially in the East, 1 think it is a matter for congratulation that the premium receipts show no diminution Turning now to the balance sheet, there is a reduction compared with last year of some $33,000 in the Exchange Fluctuation Account, and a feduction of some $30,000 in the Investment Fluctuation Account. On the 28th September the coal company's The former is due to the fact that our Sterling express launch Glen left Labuan at 6 a.m. for balances have been carried out at the exchange Mengalong, for the purpose of hoisting the of to the dollar, and is, therefore, a purely Company's flag on the new territory. Just nominal reduction. The decrease in the In- before starting, owing to information received, vestment Fluctuation. Account is due to the or perhaps instinct, the. Company's Pangeran fall in the market value of our best Sterling thought discretion the better part of valour and securities, and it is very for rate that, resolutely declined to accompany the party- we have this fund to fall back upon he is considered by the natives a pinang muda for this purpose. The Reinsurance Fund and wanted by them-which consisted of the and Underwriting Suspense Account both show Government Mally interpreter, a Labuan satisfactory increases, and i think all will admit native, as leader, who was proudly displaying that the position of the Society is altogether a. the Company's flag he intended boisting to the very sound one. Before proposing the adoption bystanders on the wharf, and several of the of the report, I shall be glad to answer any Brunei Pangerans before mentioned. For the questions that you may wish to ask.

uninitiated it should be known that Pangerans in There being no questions asked the Chair-Brunei are as numerous as Esquires in England man propesed the adoption of the Reprit and or "vons" and "des," on the Continent. They returned at 6.30 pm, with the result that was to be expected, the people having refused to allow the flag to be hoisted nod their territory ceded to a so-called government they look upon with contempt, without their consent, merely at the will of a certain Pangeran of doubtful standing. No European officer accompanied by Russia to antex Cure, has gone like wild the party! The people requested to see the Governor of B. N. Borrico himself

accounts.

Mr. Morris, have much pleasure in seconding the adoption of the Report and accounts. I can only say that I am not only satisfied and gratified myself, but I am sure it must be the same to the whole body of share holders (hear, heat).

The motion was unanimously carried...

DIRECTORS RE-ELECTED

On the proposition of Mr Finke, seconded by Mr. Byramjee, Messrs. C. S, Sharp and

|

|

On the 27th September about a dozen hungry Pangerans of Brunei, of the impecunious penchuri gynui type, invaded the Government offices to offer their services for the following day's expedition.

GREAT UNREST IN COREA.

It is stated the Corean correspondent of the Nagasaki Preis says) that considerable unrest is begining to show itself among the people, As the time draws near when the Fall takes must be met and the people find themselves. without the means to meet the demands of the. Government, they are begining to ask them- selves. What are we to do?" All sorts of reports calculated to embitter the people against His Majesty's rule are being circulated among the people. For instance, it is reported that dancing girls are all the vogue with the Emperor and Court now, and recently an Imperial largess of locoo Yen a piece was bestowed on seven of them who won the Imperat fancy by their skill. The people contrast this with the terrible winter to which they look for ward and are beginning to grumble.

In the meantime the news from, Japan' is anything but quieting. It is a remarkable fact that the report circulated in the papers to the effect that Japan and Russia had reached an agreement by which in return for a free hand in Manchuria, Japan was to be permitted

fire all over the country and and has greatly stirred the people. It angered them, and they It will be interesting to read the official loudly resent the action of the two nations in censured version in the Herald on this subject, bartering Corea among themselves. Of course,

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