+
Intimation.
WM. POWELL.
LIMITED.
"ALEXANDRA
BUILDINGS,"
Des Voeur Road,
FIRST FLOOR BY LIFT.
OUR
FURNISHING,
DEPARTMENT
is completely stocked with all the.
newest
Art Tapestries.
Muslins.
Velvets.
Plushes.
Cretonnes.
Roma Satina, etc, etc.
CARPETS OF
EVERY
-
DESCRIPTION
AND MAKE.
Several hundred Smart Carpet Squares,--all sizes and prices.
Bedsteads, by the very best makers only.
Upholstering done in first-class
style.
Houses completely furnished. Special attention given to the Shipping trade.
BLANKETS!
BLANKETS!
BLANKETS!
SPECIAL
PURCHASE OF BLANKETS
NOW ON SHOW.
LADIES'
DEPARTMENT.
FOR THE RACES,
New Millinery, Sun- shades, Dress Fabrics, Gloves, &c., &c...
Ladies requiring «Costumes · are requested to pay us an early visit.
THE HONGKONG TELEGRAPH FRIDAY, FEBRUARY 10, 1905.
Auctions.
PUBLIC AUCTION.
THE Undersigned have received instructions
to Sell by Dr.
PUBLIC AUCTION,. FOR ACCOUNT OF THE CONCERNED,
on
MONDAY,
the 13th February, 1905, at 3 P.V., 23. Messrs. Jardine, Matheson & Co's Godowns, East Point,
SUNDRY FITTINGS AND GEAR ex S.5. "KENSINGTON," Comprising:-
BOAT DAVITS and BLOCKS, WIND SAILS, CARGO DERRICKS, STEEL WIRE, IRON BEDS. AIR PUMP BUCKET, CON DENSER BRASS TURES, LIFE BUOYS, &c., & C &c. TERMS: Á usual,
HUGHES & HOUGH, Auctioneers.
Hongkong, 9th February, 1905.
PUBLIC AUCTION,
(229
THE Undersigned have received instructions
to Sell by
PUBLIC AUCTION,
ON
WEDNESDAY AND THURSDAY, she'15th and 16th February, 1905, at to A.M. each day, at
H. M. NAVAL YARD, SUNDRY NAVAL, VICTUALLING, OBSOLETE AND CONDEMNED STORES,
Comprising: BOAT'S ENGINES, WILLAN'S ELFC- TRIC LIGHT. ENGINE, ELECTRIC CABLE, MACHINES VENTILATING and DRILLING, LATHE, BRASS, COPPER, IRON, MANGANESE BRONZE, PAPER STUFF, CANVAS, FURNITURE, BLAN, KETS, PROVISIONS, IMPLEMENTS, &c.
TERMS OF SALE:-As customary.
"-
HUGHES & HOUGH,
Government Auctioneers. Hongkong, 7th February, 1995.
ΤΗ
PUBLIC
AUCTION.
THE WRIHAIWEI GOLD MINING [$15 be credited as paid p on each. Of the
CO., L.D..
RE-CONSTRUCTION DECIDED UPON.
Entertainment.
HONGKONG PHILHARMONIC
balance, Sa per share would be payable on allotment, which would be made in the follow- ing way: within, twenty-one days after the greament should be signad the liquidator of the old company would notify each member as in how many shares be would be entitled in the A Society in the THEATRE ROYAL; on
The
An extraordinary meeting of the shareholders in the above-named Company, was held at Shanghai on and inst. for the purpose of conclaimed within Loo days of the execution of the new company. Thoss, shares must then be sidering special resolutions with a view to the agreement: and on the claim being made, the windind-up and reconstruction of the Company. shares would be allotted and $2 per share There were present Messrs. Marcus, Wolff
would become payable on each. (Chairman, J. M. Young and Capt. Dobie (Director), R. N. Macleod (Legal Adviser), C. E. when the directors should think fit.. Shares balance of the liability would be called up Cunningham (representing the Secretaries), and
not claimed within the too days would be sold' others representing, with proxies, 9,541 shares,
Mr. Macleod read the notice convening they the liquidator and the proceeds divided meeting.
among the shareholders of the old Company,,, would be the procedure except in regard to who would have been entitled to them. This.
who had declined to vote in favour of recon the shares of members of the old Company,
dissent to the registered office of the Company struction, and who sent written notice of their within seven days of the confirmatory meeting. disicating member would have been entitled, The shares in the new Company, to which such
and the member would got the proceeds after would be immediately sold by the liquidator expenses bad been paid,
The Chairman-The first business is to elect new directors. I believe Mr. Taylor has some names to propose; each one must be proposed
separately.
Mr. Taylor-What about the present direc
lors?
The Chairman-We retire at once as re- quested; of course we shall give what advice
*e can to the new directors.
Mr. Taylor--But no new directors can be appointed to take office till after the confirma tary meeting; isn't that so?
Mr. Macleod-No, Sir; the object of this meeting is to elect new directors; Mr. Wolff will remain in the chair during this meeting and the new Chairman will take the chair at the confirmatory meeting. It may as well be understood at once that if the new directors do not begin to do something soon, there is no use in appointing them at all, for the liquidator will take over everything.
Mr. Taylor then proposed, and Mr. H. Morriss seconded, that Mr. E. S. Little be ap- pointed a director.
This was carried nem, con.
On the proposition of Mr. Taylor, seconded by Mr. Morriss, Mr. F. C. Heffer and Mr. L. R Burkhards were severally elected directors
'nem, con.
Mr. Moller asked what arrangement would be made in regard to shareholders in Europe.
Mr. Macleod replied that the ice days would make their reply; the desire was to save as give them time in which to receive notice and much time as possible, but the period could be made 120 days after execution of the agree tent, if desired.
Mr. E. S. Little pointed out that the notifica. could be sent off immediately on the appoint. tion to shareholders in Europe and America ment of the liquidator, without waiting for the expiry of the twenty-one days' grace,
The object was not pursued.
Mr. Moller asked if the matter of the call could not be left to the discretion of the new directors instead of being fixed at Sz on allot ment..
Mr. Macleod replied that as the whole object of reconstruction was to get working capital as soon as possible, the new directors would be ubliged to make a call the first thing, and this was the most convenient way of doing it. In further explanation of the agreement, Mr. Mac- leod said it provided that the new Company from the 1st of January as the most convenient should take over the property and business as date. It was also agreed that the new Com. pany should issue debentures to the present tures held in the old Company; that arrange debenture holders in exchange for the deben ment was not binding on the debenture holders, but it was necessary to give the new directors authority to make the exchange.
Mr.. Macleod then read a statement of accounts which had been prepared to show the present liabilities and assets of the Company: The two sides, he said, as nearly as possible [231 balanced; the only doubt was in regard to the concentrates which were assets which could not be realised for some months. They had been put down at $6,000, which was the value placed upon them by the sub-committee which was recently appointed to go into the posi- tion of the Company. Including that sum the resets were now estimated at Fragrt.go, and against this the present liabilities were esti- mated at $12,469.64. These figures did not include the value of the land. the mill, ma-meeting. chinery, and various tools and stock at the mines,
"HE Undersi, ned have received instructions from the Official Administrator, to Bell by
PUBLIC AUCTION,
For Account of the Estate of the late ALFRED WRIGHT,
On
WEDNESDAY,
Mr. Sullivan seconded this resolution, which was declared cairird unanimously.
be taken to allow the liquidator to get to work Mr. E. S. Little suggested that steps should at once, instead of waiting for the confirmatory
seconded, that the appointment of liquidator Mr. Taylor proposed, and Mr. E. Jones
the 15th February, 1905, at 2.30 P 1, within his things which the Company did not"want to be left to the new directors. resides ce, No, z, Salisbury Avenue, Kowloon,
THE WHOLE OF HIS HOUSEHOLD FURNITURE.
Catalogues will be issued. TERMS: As usual.
sell, if the new Company was to carry on
operations. As the concentrates could not be realised as yet, as already sta'ed, the Company must consider themselves by that much at present unable to meet their liabilities; but RUCHES & HOUGH,
including the value of the mill and other pro- Government Auctioneers.perties, the Company was a little more than Hongkong, 9th February, 1905.
solvent, [231:
PUBLIC AUCTION.
CHE Undersigned have received instructions
to Sell by
PUBLIC AUCTION,
FOR ACCOUNT OF THE CONCERNED,
OA
FRIDAY,
the 17th February, 1905, at 11 A.M., at their Sales Rooms, No. 8, Des Vœux Road, corner of Ice House Steel,
A GREAT ASSORTMENT OF ENAMELLED WARE GOODS,
Comprising: TIFFIN CARRIERS, E and CO FEE POTS, SAUCEPANS, "SOUP LADLES, &c., ALSO
*c.,
do
A Quantity of AUSTRIAN RUB”ER BHOES.
TERMS:-As usual.
HUGHES & HUGH,
Auctioneers Hongkong, 9th February, 1905.
Intimations.
NOTICE.
HE HONGKONG AND CHINA GAS CO, LTD., beg to notify the Public that the PRICE or Gas-will be REDUCED from $3.50 to $3.00 per 1,000 cubic feet as from the 1st February, 1905.
GEORGE CURRY, Local Becretary, Hongkong, 1st February, 1905.
198
(230
The Chairman asked for summent on the statement, and, there hring none forthcoming proposed the first resolution as follows:-
That it is desirable to re-construct the Com- pany and accordingly that the Company be wound up voluntarily.
Capt. Dobie seconded and the resolution was carried nem, con.
resolution and said that Mr. Young would The Chairman then proposed the second
serond it. The resolution was as follows →→
Mr. Macleod said that could not be done. The Chairman suggested that an appoint ment might be made, though it could only be formally completed at the c nfi matory meet. ing,
Mr. Moller asked if the new directors had anyone in mind:
Mr. E. S. Little suggested the name of Mr. GH, Thompson. (Appliuse). No arrange ment had been made, as the new directors had
not yet assumed office.
It was unanimously agreed that Mr. Thomp son should be approached by the new directors with a view to his formal appointment later. present liabilities, amounting to $8,302, to meet The Chairman mentioned the subject of
which there was $3,215 in cash and the third gold brick. He asked if anything should be done. Proceedings might be taken against
the Company at any minute; should the brick
be sold?
The idea was received with loud laughter and the general feeling was expressed by a shareholder, who exclaimed, "Give the new directors a chance."
That the Liquidator or Liquidators be and they are hereby authorised to consent to the
Mr. Sullivan remarked that the Consulate registration of a New Company to be named would be closed for the holidays, and proceed. the Weihaiwei Gold Mining Companyings could not be instituted in the meantime. -Limited.
Mr. Young-Who are to be the liquidators I can't second without knowing.
Mr. Macleod-No arrangement has yet been made in regard to the liquidators.
Mr. Young withdrew his objection and seconded the resolution which was carried
nem. con.
The Chairman then proposed the third reso- lution as follows:-
The buslaers of the meeting having been allowed to draw attention to the latest reports declared at an end. Mr. Young asked to be of Mr. Dawson, Mr. Duff, and Mr. Moller, from which, as well as from other verbal expressions by those who had seen the mine, it would be seen that all agreed in attributing the difficulties development work, in the absence of sufficient of the Company to the backward state of the Working capital. It was, therefore, he thought, clearly disproved that the retiring directors were responsible for what bad unfortunately occurred.
Mr. Taylor absolutely, dissented from this view. If the directors had issued the balance of the preference shares at the time they were at a premium, there would have been no need to get the overdraft from the bank, and there would not have been the lack of capital. He considered the present position to be entirely caused by the directors, (Applause.),
That the draft Agreement submitted to this Meeting and expressed to be made between this Company and its Liquidators of the one part and the Weihaiwei Gold Mining Co., Id. (1905) of the other part be and the same is hereby approved and that the Liquidators be and they are hereby authorised pursuant to Bection 49 of the Companies' Ordinances of of the directors to go out and try and sell a few Mr. Young did not think it was the business Hongkong. No. 1 of 1865, Part IV, to shtershares on the market, into an Agreement with such Now Company Mr. Taylor repeated his opinion and moved when incorporated in the terms of the said the adjournment of the meeting, which broke up draft and to carry the same into effect with amid laughter and applause, M. C. D. News. such, if any, modifications' as they think ex pedient.
Mr. Macleod made an explanation in regard to the agreement, which was, he said, drawn in the ordinary form of an agreement for recon struction as between the liquidator of the old spmpany, and the new company. Should the new, company be formed, it would have a
WHY NOT THE BEST? Capital of $702,000 divided into ordinary shares and preference shares, each of $20. It has been proposed at first to make the shares $25 with
SEVEN GRAND PRIZES AWARDED TO
SINGER SEWING MACHINES $20 paid-up, but the scheme now was to have
AT THE
ST. LOUIS EXPOSITION,
SHOW-ROOMS ¡—1, Wyndham STREET.
Cash or Easy Monthly Payments. Hongkong, 28th January, 1905.
GREEN ISLAND CEMENT COMPANY, LIMITED.
PORTLAND CEMENT.
[48
In Casks of 375 The nel $5.00 per Cask ex Factory.
COMMERCIAL.
SOCIETY.
CONCERT, will be given by the above THURSDAY, 16th February, at 9 PM under the distingu'shed patronage of His Excellency Orchestral Pieces, Solos and the Naval Can- the Governor. The Programme will consist of at "THE REVENGE," Tennyson's Poem set to music by C. V. Stanford, performed by the Choir and Orchestra.
Tickets: price $3, 5a and Sr, obtainable at the ROBINSON PIANO CO.
Hongkong, 8th February, 190".
Entimations.
__Intimations,
YOU WANT
PROVISIONS
AND
[227
WINES
IN
HONGKONG ICE COMPANY, LIMITED,
HOLDERS will be held at the Offices of the TANNUAL MEETING OF SHARE HE TWENTY-FOURTH ORDINARY
General Managers, Pedder's Street, at 12.30 Statement of the Company's Accounts to P.M., on MONDAY, 13th February, to receive at December, 1904, and the Report of the General Managers.
The TRANSFER BOOKS of the Company will be CLOSED from the 3rd to the 13th February, both days inclusive,
[187
JARDINE, MATHESON & Co.,
General Managers, Hongkong, 28th January, 1905. THE HONGKONG, CANTON AND MACAO STEAMBOAT COMPANY, LIMITED.
OF
NOTICE TO SHAREHOLDERS. ·· “HE SEVENTY-SEVENTH ORDINARY THE STATEARLY MEETING SHAREHOLDERS in the Company will be held at the Office of the Company, No. 18, Hank Buildings, Queen's Road Central, on TUESDAY, the 14th February, Rt 12 o'clock Noon, for the purpose of receiving a Report of the Directors, together with a Statement of Accounts, declaring a Dividend, confirming the appointment of a Director, and electing Auditors.
will be CLOSED from the 31st January to the The TRANSFER BOOKS of the Company 14th February, both days inclusive.
By Order of the Board of Directors,
T. ARNOLD,
Secretary,
(166
Hongkong, 24th January, 1905.
HONGKONG AND SHANGHAI BANK.
ING CORPORATION,
NOTICE is hereby given that the ORD).
NARY HALF YEARLY MEETING OF THE SHAREHOLDERS in this Corpora. tion will be held at the CITY HALL, Hang. kang, on SATURDAY, the eighteenth day of ceiving the Report of the Court of Directors February, 1905, at Neon, for the purpose of res together with a Statement of Accounts to grat December, 1904.
By Order of the Court of Directors,
J. R. M. SMITH,
Chief Manager. Mongkong. 31st January. toog
1'96 HONGKONG AND SHANGHAI BANK ING CORPORATION.
1905.
GET YOUR SUPPLIES
FROM
R. Perez & Co.
(SUCCESSORS TO
A. CHAZALON, & Co.
AND
G. GIRAULT)
6, QUEEN'S ROAD CENTRAL,
Opposite Connaught Hotel
Who are Suppliers of High Class Wines, Spirits and Provisions,
French Bakers, Navy Contractors,
and
Commission Agents.
BRANCHES : HONGKONG, SHANGHAI, HANKOW. Hongkong, 7th January, 1905.
[31
NOTICE is hereby given that the REGIS THE WINE GROWERS
SUPPLY CO.
will be CLOSED from SATURDAY, the fourth, OF SHARES of the Corporation to the eighteenth day of February, 1905, (both days inclusive), during which period to Transfer of Shares can be registered.
By Order of the Court of Directors,
J. R. M. SMITH,
Chief Manager.
Hongkong, 31st January, rong.
[197 HONGKONG AND WHAMPOA DOCK COMPANY, LIMITED.
NOTICE TO SHAREHOLDERS.
THE ORDINARY YEARLY MEETING the Offices of the Company, Queen's Buildings, OF SHAREHOLDERS will be held in
1995, at 12 o'clock Noon, for the purpose of New Prayz, on MONDAY, the 20th February, receiving the Report of the Directors and the Statement of Accounts to the 31st December,
T
1904.
February, both days inclusive. will be CLOSED. from the 6th to the zoth The TRANSFER BOOKS of the Company
(177
By Order of the Board of Directors,
THOS. I. ROSE, Secretary. Hongkong, 26th January, 1905.
HONGKONG FIRE INSURANCE COMPANY, LIMITED. NOTICE TO SHAREHOLDERS.
BARRETTO & Co., General Agents, Hongkong.
PORT WINE,
Direct shipments from the COMPANHIA AGRICOLA E COMMERCIAL DOS
VINHOS DO PORTO, (Successors to DONNA ANTONIA A‚FERREIRA),
Monopoly for China of THE WINE GROWERS SUPPLY CO.
Per Case of
I'Dozen
2
Selected Old Port $50.09
31
**
15
35.00
J
30.00
71
"
2F
25.00
#
#
1
20.00
15
ME 15.00
Dry No. 1
Quinta de Porto Diy No. 3 ORDINARY Quinta da Granja HOLDERS in the above Company, will be Tawny, (White Label)..... THE THIRTY-SIXTH
ANNUAL MEETING OF SHARE-Tawny, 1887, Vintage, held at the Offices of the Company, Pedder's Street, on MONDAY, the 6th day of March, 1905, at 11.30 A.M., to receive a Statement of Accounts to 31st December, 1904, and the Report of the General Managers, and to elect a Consulting Committee and Auditors,
14.00 13.00 13,00
Medium Tawny, (Brown Label) White Tawny, (White Label)....... Full Wine, (Brown Label)............... 11.00 White Taway, (Brown Label)ue “20.50 Light Tawny, (Brown Label)ai -10.00
The TRANSFER BOOKS of the Company will be CLOSED from the 20th February to the 6th March, both days inclusive.
JARDINE, MATHESON & Co.,
General Managers. - · Hongkong, 8th February, 1905, [216 2.46 | HUMPHREYS ESTATE and Finance:
COMPANY, LIMITED,
TO:DAY'S EXCHANGE, Selling London-Bank T.T.
..I t Do demand............................................1/19/16 Do. 4 months' sight .................................................I II Finnce-Bank T.T.
America-Bank T.T, Germany--Bank T.T.prosecan India T.T...
Do. demand. Shanghai-Bank T...............Nominal Japan-Back T.T........ Java-Bank T.T. .....
...
Buying, months sight J./C. 6months' sight. L/C. T
Szo shares with $15 pald-up on each. The only question was whether the capital proposed was too much or too little; it would allow a balance to remain for subsequent issue of shout B,000 ordinary shares which would represent about $160,000 for additional capital as required The agreement further provided for the sale of the property of the old company to the new company subject to any existing incumbrances. 6 months sight In consideration of this agreement of transfer
-2.00
146
1464
.1177
1/11/ ...2/0
30 days' sight San Francisco & New York 487.
months sight
do.
491
so days' sight Sydney and Melbourne 20 mantha' sight, Francs. ................................................2,50
4 months' sight Germany imom2,05. Bat Silver ......................................38 3/16
NOT
TOTICE IS HEREBY GIVEN that on and after this date-Interest at the ralp
of 8% per annum will be charged upon all Calls
in respect of SHARES NOT FULLY PAID UP from the day appointed for Payment of such Calls, namely 3rd January, 1905.
JOHN P, HUMPHREYS & SON,
General Managers, Hongkong, Irth January, 1965,
[122
·E.
. R...
there would be an agreement by the new com- Bank of England rate ranyapsiz?item3 % VICTORIA SCHOOL AT TANG-
pany to meet the liabilities of the old company and keep it indemnified against all claims, The new company would undertake to pay the
OUM QUOTATIONS, Today's quotations are as follows i—.
1,075/1,100
Wm. POWELL, Ld. Bags of aso lbs, net $8.20 per Bag expenses of the transfer and the cost of wind: Malwa Now..........
HONGKONG,'
Ho-skeng, and February
ex Factory, SHEWAN, TOMES & Co., General Managers, (35) Hongkong, and September, 1904.
Oldest S
ing-up. The most interesting point in the agreement, was that each shareholder would get. one share in the new company for every, share Patua New held in the old company. Ordinary and pro- Bedares New ....... [59ference shares would be treated. exactly alike, | Pemian (Paper), „
Per chest
[email protected],200/1,290 ..@ 1,300/1,350
... 780/910...
LUNG-CHAU, for Children of EURO.
PEAN BRITISH SUBJECTS, will be OPENED an March 30th, 1905.
The School will be open to Children of both 5x6s, but Girls over 12 years of age will not be admitted. For further particulars, applica tion should be made to the Education Depart.
EDWARD A. IRVING,
Insp. of Schools. Hongkong, 7th February, 1908.
ment.
MELROSE WHISKY
Scotland's Best. Delicious Mellow and Matured,
PROPRIETORS Bowen & M'Kechnie.
CEFA RUBY RIOJA CLARET.
per dozen,
$6.00
from well-known Growers, Brewer- and Direct Importers of Wine, Beer and Spirits
Distillers. Price List on application,
BARRETTO & Co.,
Noa, 21 & 24, Bank Buildings,
Queen's Road Caniml Hongkong, 26th January, 1905
(42
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