1910-04-09 — Page 14

INIL

CHINESE IN THE PHILIPPINES,

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THE HONGKONG TELEGRAPH SATURDAY APRIL 0 1010

fibrae; curry mullased the members were unauimous in their decision. It has been learned, however, that the decisions board will bare to go to the insular collector, Col, Henry B. McCoy, for Bual confrmation, and sutil he sanctions the busida scilon, the attorneys for the Chinare, who have been recommended as bang eligible to remain, bere cannot sok the court for their immediata relente, it is cont dently expected, however, that Colonel McCoy. will confirm the board's action. The board is for that purpose and its members have concien tiously proved and have examined into the re- cords and bare found that the men should re- mais. The procedure in these cases his been ing to land

AWNUAL

The", sevanth

TUG AND

79,000.00,

ons has

enfor dya*agulate of uifaire) but I don't think EFORTATION CASE. In this caro, and said that the Chinese mun

there has been any neglect in the company's since the form be looked upon as never having legally) left

business as I will explain later on.

344 640.00 the islands, which was the exact point in the

Mr. Osborne-1 (quite ngeng with your re- average of over case and bat therefore, the deportees were not

marks that there is no caosure on the board of have written off for The habeas corpus proceedings on behalf of subject to the immigration roles povering Dew arrivals or even of returning Chinese who

general meeting of management whatever, but judging from my Indirect ways; roc the six Chinese who were illegally deported last voluntarily come and go. He said in concius

experiance, gactiamen on board sometimes reduction of our Capital bove, company was held Augort by the police of Manila and who are at sich that the, six, Chiness now being held by

do not manage to contribute basioasa; that is the earning power of the Hefewer bresent” - present being held by las customs; enthorities, the customs authorities are so detained wrong,

to say, kunikues wur come along if they are on not affect the market value, Geod (chairman) W Weight The board or motiva if the company is in a post-It abould make little differ came up for bearing before Judge Crossfield

HAJ Micray As Kitob to carry on its business in proper way* T73350.00'abari onia 77 basia, yesterday morning, reports the Manila Cablefully and prayed the court to right the great wrong that bad been done them and restore

'Craddock,' ctors), W. E. Kant, R. Mac: the busloats comes to the company, and a share on a 142 basis: and we hope news of fist alt.

them to their homes and families.

Gregor, Walker, H.D. Morrison, J. Harrop though it is advisable to hare good, mes on latter dividend this year. :)/25 The petitionsis, were represented by At-

B. Clarke, J. Barrst")]. Prentico, I. 1, torneys O'Brien and De Witt, with Hartford THE DECISION Beaumont of counsel, bydsey Lanfer and W. In rendaring his decision Judge Cromfold

Osborne, W. B. Jackson, T. Meyer, R. Chester, the board who can possibly infiance. I don't Before proposing the resolution I will 4. Kincaid appeared on behalf of the defend held that according to be testimony brought

W. J. Dyer, E, H. Donninge Douglas, think they will do very much in that way to war any questions to the best of my KULA MERAWAT PANDA forth ́at tke' hearing, the status of the six Ohlossn the sums au in avery other case of Chinese set**: Welz, and H&ON FAWilson (Secretary.) Mr. Walker was carried, the Chairman stating" Mr. Macray seconded the rea

54. Be Thor resolution having been taconded by ability, 3

bat of course the directors were dos voting on questions belog asked, It was put The first witness was J. W. Farrier, who had was Dos quite clear. According to the return of the collector of customs, somebody, who it is not prepared. memorandum of the documents on

this question": Ben the customs house regarding these Chin keown, is holding these people on the Zifiro, esa, Mr. Ferrier explained the contents on the plea that the detention, abed usually of the documents and also gave explana- used for this purpona war too crowded. They tions, In answer to questions by counsel, an are being held, it is alleged, for the special to the modes of procedure, in the fanding of board of Inquiry of the immigration division to aliana, Chinesa or otherwise, in the Philips | investigate and determine whether or not they pine Irlands. The rules under which Chinese have the sight to land, which in the opinion of were permitted to leave here to visit China and the court, that board has the legal right to do, return were discussed. Mr. Ferrier stated that having jurisdiction over such cases. the special board of inquiry of the immigration The court did not agree with counsel altoge. division had so get ruler,, bat. that their decl ther and said that even if the Chirose had never sloss and deliberations were governed by the physically left this city, the special board of in facts and conditions and testimony in sachquiry could at any time order one of them up. separate case. He also stated that the mem- before it and investigate his right to live bars of this board were appointed by the colhere. The couit therefore ordered further pro lacior of customs,

Chief of Police J. E. Harding next gave his testimony and in answer to questions by Mr O'Brien, stated that be had 001 brought the documents which he was directed to bring by the subpons as they were coufflential docu

ments of the police department. The attorneys for the government objected to the documenis being brought in and the objectius. was sustain- od by the judge: Chief Harding-was per, asked by Mr. O'Brien whether be bad given the order to arrest the Chiness and be admitted having done so. Asked by what authority he answer.

ed, over the objections of the government attor. noys, that it was by order of the executive de- partment of Philippine islands. He admitted having caused the twelve,Chinese to be placed on the Yuaniank...

The six Chinese who came in on the Zafiro werd here; paraded before Chiel Harding who was asked if he could identify any of them as being of the twelve above mentioned. He said that the ooe 'be recognized 'was Agapito Uylongco, whore lace ho recognized from the pictures appearing of him to the local papers. Mr. O'Brink asked the Chiel if he personally made the maresis and the latter answered that agents of the police department had arrested them by his orders. Mr. O'rien asked Chief Harding if aby papers had been taken from tha arrested Chinese. The Chief answered yes ni d that the paper so taken from the Chinese bad been turned over to the executive' acpartment of the government; and that they were regie, tration certificates. He further testified that the twelve Chinese were in the custody of the police far about ibres quarters of an hour and that they were not told that they were to be

deported or what the charge was against them.

C. R. Trowbridge, chief of the secret servica bureau, was the next witness. Asked if he knew any of the six Chinese standing before bim, Chief Trowbridge stated that he re- cognized Sy Chang, by a photograph he had of that men in the office. He said that no photographs of the twelve men were taken on the night they were arrested and deported. The somerlof the men were read to him by Attorney O'Brien. Some of them Chief Trow bridge recognized, others he did not he re membered some of them from a list furnished him at the tinie by the Chief of Police, "in

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ceedings of the writ to be suspended until the special board of inquiry has passed on the cases and on the right of the deported Chinese to land in the isterim they are to be in the custody of the Sheriff. The court expressed the opinion that the matter would finally resolve into the question, ara theory of law, if these -insp were ever legally absent from the islands, and further said that if the board of inquiry of the customs service did not act with reasonable rapidity, the count would again take the marer up. The court refused to permit the prisonere to give bond, and they wil be kept at Bilibid detection ward p:ading the decision of the special inquiry board,

KEETING OF THE BOARD.'

BECWAR WASHINGTON,

Six Chiusse, officially kidnapped August re- tom custom special board laquiry, decidas right remain Yorbar secretly orders police kidnap deport again feeling disregaid law high American prestige stake please act.ANE

O'örizn and DeWITT, Attorneys, The foregoing is a copy of a cablegram sent to Secretary Dickinson last night, mis anna

CHINESE EDE GOVERNOR-GENERAL)

FOR F.130,000..!!

Manila, zad April. Toa six illegally deported Chinese who are now making an affort to establish their right to remain in these istands yesterday morning through O'Brien and DeWitt, Gled soft against Governor General W. Cameron, Forbes, Chief of Folice & Harding and Chief of Detectives C. E. Trowbidge. The suit is filed in the court of first instance and is for the sum of Prats de bain 1955,0. for each of the six casen They also asic that a preliminary in junction against the defendants above harded to preveor them or their agents from illegally departing them again or threatening to do so. Judge Crossfeld did, dot issue the injunction on the ground that the men in whose behalf, it was sought were already under the protection

<f the court.

The complaint prepared for each of the six Chinese makes the following allegations

That the plaintiff is a Chinese person and is lawfully a resident of the Philippine Islands, his right to remain therein having been duly establimbed in accordance with law by the Insular collector of customs and the immigra

The special boaid of inquiry appointed by the insular collector of customs to decide the. right of the six Chinese to land, met at the offices of the immigration division at the Manila custom house yesterday afternoon. W. T. Wilder, acting chief of the immigration division, was the chairman and W. C. Brady, immigration authorities: tion division and Jesus Uhleta, faw clerk of the custom houts, were the other members of the

board.

After hearing the testimony in the case of 4 of the six men, the board retired for a coo sultation upstairs and returning announced that i had been decided to allow, but one of the three counsel for the men to be present during the remainder of the examination, A. tome.

bested what

anent argument easted"

this announcement, but the board remaited stubborn in its determination and an the examination procended they studiously -avoided going into the question of how the men happened to be without any papers, confining

the examination to the six men's status as marchants and refusing to allow their consol

to ask any questions bearing on the subject of the papers, which, the Chinese stated, in court in the morning, bad been taken away from them by the secret service, officials pravious to their being taken on board the Yuensang in the evening of August 16,

At ante bour in the afterno00, the board adjourned, in meet again this morning when The examination will be continued.

That on or about the 19th day of August, pag, the defendants, Charles R. Trowbridge and J. E. Harding, unlawfully and frau dulently conspiring and conniving with the elber defendant barein, the said W. Came ron Forbes und, acting under his direction, did nnlawfully reirs and carry on board the sa. Yuentang the said plaintiff herein agajost his will, with the intent to unlawfully deport and expel him from the will of the said plaintiff berein:

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After the reading of the notice calling the meeting, the chairman unidi- fork

Gentleman, The Report and Accounts for the MacGregor The noxt resolution I have. The meeting than terminated

year ending 31st December 1909 having been in your hands for some days, i prasums you will follow the usual custom and permit them to be taken as read. Notwithstand ing the unsatisfactory state of trade dur tog the past year, more especially she port trade, the result of the operuions of The Company for the last twelve months show tome improvement on the set earnings of the previous year, the Credit Balance of Working Account transferred to Profit and Loss sic being Tls/122314,44 as against: Tia 172,001.00 in 1908, and but for the large falling off in the quantity of Goods landed, this sum would have been considerably augmented, as it is this branch of our business which is the more profjuble to the Company. The Export business on the other hand shows a large increase in the qunatitles shipped off, but the exp connected with same are very heavy and the margin for profit is exceedingly medorate.

In August last interim dividends of 3% on the Preference Shares and a% on the Ordinary Shares were paid, absorbing Tl. 47,500 and deducting this amount from the above Balance of Profit and Loss a/c, there wow, remains for appropriation the sum of Tie. E9170.43 which the Directors recommend should be disimbuted as follows :-

Το

paya foal Dividend of, 31% on 10,000 Preference Shares To pay a final. Dividend of 3% on

20,000 Ordinary. Shares To waste off for Depreciation To carry forward to New

-Tls, -

17,500.00 30,000.00 30,902.02 11,670.43

resolved that until otherwise determined, the to propose ist "That under Art. 97 it is hereby remuneration of the directors shall be Tis soo each per annum." I am sure that when the company is lo a more flourishing state we will be able to: increase the remuneration, but I think we have had to cut our cloth and 1 think you should also. 23 10 We

Mr. Oshome-1 propose an amendment that the remuneration of the directors shall be the yearly rum of Tis, 2,500, divided among them is proportion to their respective attend- Ances at board meetings during the year, or otherwise as the board may determine from time to time. I have had some experience in these things and I need scarcely point out that those gentlemen who attend is their duties should be paid for it. That is the prima motive of my suggesting this amendmentated b

Mr. MacGregor agreed to accept the amenda ment, as a substantiva 'proposition, and Mr. Osborne having seconded, the motion, was carrieda

Sidney the annual

"MURDER AT:SHAU-KIWAN:

WELL DRESSED WOMAN'S" "BODY"FOURD

IN A NULLATISH

(67%6th inst Details of a mysterious case of murder have come to haod, Bhortly after nine o'clock yesterday morning, the dead body of a well- dressed Okinese woman was discovered in a. nullah at Bhan-ki-wan. A quantity of jewellery was found on the woman's body at the time of the grassome discovery, so this fact eliminates any theory that robbery wanɛ' the motive which led to the crime; but as thara are good grounds for sapposing: that: "The murdered pocáon; was either a kept woman OT

member of the unfortunate clasy, Jealousy of

cause of the tragedy. It is surmised by those revenge seems more likely to have bana the

"who are in a position, to judga that the woman This concluded the business to

was thrown into the water and, the corpsa waR meeting, and an extraordinary meeting was afterwards washed down into the mullah.” The then held to consider the following resolution: Police are making a minute investigation of That the capital of the Company be re- the roomstances attending the tragedy: but duced from Shanghai: TIE 1,500,000 (divided at the time of writing nothing has been disa into 10,000 preference shares of Tls, so aach covered to throw suspicion on any pasty and and 20,000 ordinary shares of Tis, go each) to nember has the woman been identifed. Shanghai Tii, 1,000,000 (divided into 10,000 preference shares of Tis 59 each and 10,000. ordinary share of Tis 25-mach) and that such- reduction be effected by cancelling pald og capital which has been lost or is unrepresented byavailable assets to the extent of Tis, :25 per share on each of the ordinary shares and ary abures from Tis. 50 to Tis. 25-osch." by reducing the nominal amount of the ordin Mr. Prantice May I ask how many shares are represented at this meeting?

Mr. Wheelock-There is a quorum. Mr. Prentice-But we must know how many shares are represented.

suid:~~

Doring the year the entire fleet bas bea0 kept in excellent condition, the Tags, Launches and Lighters have been docked and painted whoo necessary, and all repairs executed as required, lbs whole cost of same being charged to working account. At the suggestion of some of our Constituents a Branch of the Company was steriod at Hiokow us an experiment, and

After a pause the Chairman announced that although the compatition met with was very koop, the result has not been unsatisfactory, a 6,479 abares were represented. small credit balance, and above all expenses,Speaking on the resolution, the Chairman baing earned; the directora propors to continua the business for another year and as our pria- cipal opponents have retired from ine field, it is hoped a far better showing will be made for this period. Daring the year no adding of to Steel Lighters of 60 Tops each have been built and bave proved very useful in carrying on the Company's work think this is all i have to say with reference to the Report and Accousti, but before putting a resolation to you that they be accepted and passed i shall be pleased to That the defendants, by their alleged unlaw-swer any questions Shareholders may desire

to ask. ful acts, have damaged the plaintiff in the sum of P20,000,

That the defendants after forcibly placing the plaintiff upon Fuensang did cause the steamship to carry away the plaintif. from the Philippine Islands to the port of Amay, in the Empire of Chilia!..

That the said delendents horain, unlawfully conspiring and conniving together, forcibly prevented the plaintiff barain from reiuraing to ibesa Philippion Islands until the agth of March, 1910.

The special board of inquiry, appointed in examine into the alleged right of the six Chinese to re-coter this port, bas finished the examination of the yalious, witnesses, the

morning.

THE SHANGHAI STOOK EXCHANGE

"VEAN'T" REVIEW,"

We publish,belów tko speech delivered by The chairman at the annual general meeting (adjourned) of the Stock Exchange on March 19.h. Mr. A. L. Andemon said 3-pad day sp

Bofors I ask you to pass these accounts 1. wish to say a few words regarding the future of the Stock Exchange

P

The past years, while entalling upon us heavy expenses in the transition to this building ban brought us in a larger income in entrance-faas than we are likely to receive in any similar term, for the reason that there are fewer vacan- clos left and no large numbers of resignations is probable. It will be for the iscoming Committes to fix amount of the entrance-fam for the ensuing twelve months, and in passing!! I wish to say that, in my opinion, this might ri be doubled evan trablada de Surve

It appears to me that money derived from this source should not be used for current ax- proses, but should be set aside to capital c count, to be used as I shall presently describe, and after drawing your attention to the fact that in no year has the amount of subscriptions been sufficient to pay for the upkeep of the Ex change, I would argo on you the advisability mention that the working expenses during this year will be largely increased. Bord 19

ARIWET to questions by Mi. O'Brien, Chief. 1:40 allow the sherif 10 detain them at the testimony of the last having been taken this tors be authorised to appropriate the amonut at the Shanghai Tug Boat Co. For some time of increasing the monthly subscription."I may

Trowbridge gave the names of Detectives Walker, Brown and "artproce as being amco

The six Chinese are now confined at Bilibid prison, be collector of custems having refused

customs detection station and the police being willing to grant the use of the Luneta police s'ation for the purpose of temporary detention.

1st April.

'Baguio, Benguet, March 10, 1910. Imperial Chinese Consul General,

Munila. Your telegram has been received. Have directed that the deported Chineus ba sepi away again.

FORBES.

the number ni the officers who made the arrest, Witness acknowledged that he nuw.the prisoners brought in and that they had their certificates of registration with them also that thate word warrants for their arrest and that he had 'ected ander orders from the chief of police and bad given verbal orders to his own men in the secret service bureau to carry out bis instructions. He detailed the men sizo from burean to take the prisoners down and The Cbluese consul general has received the pat them on the Yuansang, by order of the foregoing telegram from the Governor General chief of police. He said that bis rues had not at B-gain beating on the matter of the six de reported to him after they had completed their poited Chinese now secking re-admission to work and that he only now remembered ranihe Philippines.. man, Walker by name, as being of the party of A representative of Cablinews American in- detectives from his bureau whom be detailed | terviewed the consul general spmewbat as fol-

hit night.

lows 1

F. W. Holland, of the Cablinews American, testified to seeing the Chinese taken on' bɔand the Inbach Bohol for transperiation to the Tumsang by the secret service; man on that night.

The six. Chinese who returned were then sworn and all testified, after giving their names, ages and resid nees, to their long residence in these islands, potably Agapito who has been here thirty-five years and has grown childre. They all gave the same testimbay'; that they were suddenly arrested by the officers, made to give up their registration warrants, not told anything about the matter, and bus:led on board the Yucosang, ibat tḥay were then isken to Amoy nud as soon as they could, made their way to Hongkong, and then here; that the mokey necessary for their trip back was up. piled by relatives and friends in Manila other

wise they could never have come back,›

The last witores was Mr. E. W. Reynolds, law clerk in the executive bureau, who plated in answer to questions by Mr. O'Brien, that the executive bureau here now was not in charge of any one person, Mr. Carpenter, the executive secretary, being on his way to the States and Mr. Yriarte, the second executive secretary, being at the present seat of the government at Haguis. Asked by Mr. O'Brien if he koaw where the documents taken from the departed Chinese and the other records in these cases were at present, the witness created

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"Would you mind stating the contents of your awe messige to the Gaveroor General, Mr. Consul?

***That I am opable to do. It would be divulging diplomatic secrets,"

“May mo quote you as, slating that you recommended the re-deportation of these Chinese ?"

"I did recommend their removal from the Philippines," the coonul replied, with emphasis.

Th-consul general went on to explain, thai, io view of the fact that the original deportation of the men, who were not very desirable, citizens" had beep requested by his prede cessor, acting under instructions from the Peking goverament, he felt it to be his duty, and he was sure that he was quite within his rights, to now repeat that request thus sustaining the action of his predecessor in office and carrying but the wist es of the imperial government He then volunteered the information tha, he would makë request upon the executive branch of the Philippines government for the deportation of any Chinese who, in his be? lief, were bad people, this in the interest of peice and harmony within the Chinese com munity of Manila and to maintain the prestige of the Chinese nation abroad,

Chief of Police 1. Barding was naked at night by a Cablenews representative if be bad received the orders mentioned in the telegram to the Chinese Consal from Governor General

a mild sensation by declaring that they were W. Cameron Forbes regarding the re-deporte

in the bands of Governor General Forbes, bor tion of the six returned Chicese. Chief Itard

The police authorities one and sil denied yesterday having received any orders from Governor General Forbes, av contained in bis telegram, from Baguio to the Chinese Consul here the day before. The Constabulary officers here in charge of affairs and also the authorities at Bilibid Prison stated to a Cablenews repre- | 18: talive, last night that they would govern their acts by the law in the casa It is learned from reputable authority that the order 'for the second kidnapping has been issued to the | Constabulary,

The last of the six cases of the returning Chinese who were illegally deported by the police lest, August war heard before the board of special inquiry of the division of immigration yesterday, The board minutely investigated all the circumstances of this Chinaman'à xes]- dence here for one year prior to his deportation and returned a verdict of two in favour of his remaining bare and one sgainst. "Three of the Chloese were previously unanimously voted upan by the board as being entitled to remain while in the cases of the two others the board stood two for remaining and one againal. The findings of the board in all six casea bave been referred to the collector of customs for decision,

Coblensrus Americon.

HONGKONG HOCKEY CHALLENGE CUP.

NAHRATTAS DI UNI'ED SERVICE;

6th just.

This match was played off yesterday alter noon, at the Hongkong Hockey Club ground before a large gathering of specialers. The game was a fast and good one thronghest, and the teame word very evenly matched. At the early stage no scores were made although both teams tried hard, Close to the bail time the Mahratias made a fast rush and scored the first goal of the game: Soon after this, the whistle sounded for half time, In the second half the U.S. did a lot of atracking and ike ball was taken quite close to the native goal, where the gralkeeper fouled one of his opponents and a penalty was awarded. This then put the score out all; and the whistle sounded for time. An exira to minutes each way was played. In the first portion of this time the U.S., R.. C managed to score another goal

To a final Dividend of 3% on

Ordinary Skaros. To write off for Depreciation To carry forward.

Tis.

Il 89.170.43

Mr. Such seconded. . Mr. Prentice-Suppasing the resolution re- ducing the capital is carried. Why should we write of Tis, 30,000 for depreciation ?

The Chairman will explain later, at the extraordinary meeting?

The resolution was then adopted, Mr. Buyers proposed and Mr. Meyer seconded the re-election of Messrs. Michalau and Maucban as directors.

Mr. Osborne-If we are going toʻre-organiss the company and not have more thin five directora?". It seems to me a very funny arrangement,

The Chairman-The other resolution has not been passed. It is customary at an apatial' meeting to re-elect directors, and if the re- solution to be proposed later is carried it will- remain for the directors to decide who shall retire.

The motion was then carried, and· Mesure. Lowe, Bingham and Matthews ware re-siacted auditors on the proposition of Mr. B, A. Clarke seconded by Mr. Morrison.

Gentlemen:-As you are aware this meeting has been called for the purpose of passing, if you see fit, a resolution that has already been in your hands for some time, namely, to reduce the Capital of this Company from Tis 1,500,000.00 to Tle, 1,000,000,00, and to order to effect this reduction, to change the no- minal value of the ordinary shares from Th. go.00 to Tia, 25.00. each. This may be con fidered a very dr stic step, to take, bát is. reality it le lile more than a book entry to all intents and purposes and the reasons No questions were asked.

for taking this step are as follows: The pre- The report and accounts were then adopted rant Company was formed as of the 1st Janu. on the proposition of the Chairman seconded ary, 1903, and is composed of three other Com Mr. Michelau,

panies The Shanghai Cargo Boat Co, the *The Chairman then proposed, that the dire. Co-operative Cargo Bout Co. of Shanghai and their disposal v.1. Tis. 89370.43 us follows:-

previous to the formation of the present Com- pany the two former Companies mactioned Tox Snal Dividend of 31% on 10,000° ་་

above ware working under a Pool Agreement, Gentlemes, I need not tall you that's very Preference Share

17,500,00 but the Tag Boat Company was on its own much larger amount of capital is now invested 20,000,000

ccount. During 1902 a telegram was received in the securitius passing through our hands 30,000.00 from Home, making a firm offer, in cash, for than ever before, and as we have apparently ****** 30,000.00 the Tug Boat Company, which at that time interested new sources of wealth it in impor 11,670.43 was paying over 21 % per annum in dividaible to predict the dimensions to which the onds To the other two Companies it seamed shate-market kern may grow. As some of you

grant pity that a Shanghai Company should

are aware, competition with London has al» pats into the bands, of foreign interests, apart ready taken place, and something like a race),

between the white money of the yellowman, from the fact that opposition would be sure 10 spring op. It was then that the idea was | and the yellow money' of the white man oc conceived of amalgamating the three Com- curred,

With the "large, number' of new flotations panics into one, the present Company. The

ng Boat Company was wealthy at the time, which this influx is certain to induce, it will be the duty of fature committers to protect but the price offered was most tempúng, and

the interests of our clients,, and, thereby our as a natural result that Company held out for a lion's share of the new shares in the present own, by carefully considering every application Company. The other two Companies at the for inclusion in our official quotations, and in time were doing very well and paying large this sense, anytblog which tends, to increase dividends, and naturally did not wish to be let the weight and authority of the committee will out, and certainly would not come is on the maks for good to the layástlor public. Lat par valus bisa of their shares. The shares of me remind you, that according to Article 3 la the Companies at the time were quoted on the our Memorandum of Association, we are band. market at the following approximate prices:-ed together to establish just nod equitabla par value Tis, Ico, a principles in the stock and share, market at Shaoghal " and Article 5 **to promote measures quoted at Tis. Shanghai Tug Boat Co330

for the protection: of the business and persons, Shanghai Cargo Boat Co, 265 engaged therein,

The more, jeniór members among you can Co-operative Cargo Boat Co...165 The result we, Gratlemen, that the present appreciate the changes which have taken place Company was formed on a 7% basis, and thus in our method of working, and, if you will was largely over capitalized. At the time oítka allow me to say so, in the standing of the emalgamation: the total amount at which the members. And in this connection 1.ated only Mr. MacGregor rise with a certain amount respective floats of the thine Companies stood say that the committee's decisions bays savoml of diffidence to propose a rezolution, which. 1.

on the barks of those Companies was Tis. times been sought by members of the general have sent in, but I feel it is simply absurd that 843.712.65. This sum sppeared on their Ba-public, and arbitrations arranged and disputes weshould have cightd rectors drawing very high. lance Sheets of the st. December 1902 The settled by this means remuneration, in fact there is no other Company present Company started as of the 1st January This, however, says nothing more than that bere that has got, anything like the number 1903, and the sum appearing on its books, as of we have moved with the times; have" ju“, fact, of directors and our interests are practically that date, representing the value of the Beat grows up with the place. But, gentlemen, similar. Therefore, I move That under Alt taken over from the three Companies was the times are moving now very much faster, clo 97 it is hereby resolved, that, until othe wise Tle: 3,118,880.04 OF BE indation of value of and our present business methods: must; ba dite mined, the number of directors shall be Tis. 493,157.39% This inflation of value should changed, and changed at once) (vantüre: not less than five nor more than twelve and undoubtedly have been put straight away to a to repeat i what is urged on god some Bre that the qualification of every Director shall "Goodwill Account" and if that had been done year ago—a clearing house must be notabs, be the holding in his own right, or, if he be there would have been no occasion for this lished, or no contracts made for more than partner in a firm, his firm holding, or he and meeting to-day. The fact remains, however, four weeks ahead. The tourcaseRZY:+ZİCK, his firm together holding, not less than twenty that this was not dose, and this error wa sie, unDÉCOITALY EXDOLED, and unnecessary; labour shares. Two members of one firm shall not be now trying to recify The Value of our finet which the clearing of March and devolved Directo's at the same time." "int

an it now stands open our books as of the upon us, and not upon, as alone cannot, be alteration in the Articles of Association

Conservative, estimate, pathaps over-cop should be the first daty of the incoming Com Mr. Osborne-I presume this will require an eat December last is Tie,, 1772,548.94, and allowed to happen agalo, and in my opinion it The Legal Adviser (Mr. W. A. G. Platt)— sorvajive, makes this valuation Tia 613,948.64 mitee to adopt new methods of clearance. To too high, or tince you have passed our accounts this I will add that if the change does not come The Chairman---We were Gregor would alter the wording of the first part fairs that I bara fost described has been Our capital account now contains some (A Platt that it would simplify matters if Mr. Mac. more, Tis: 383,048.94 100 high. This state of outside, so t of the resolution viz. "That sader Art 07 11 i known to your Directors for some time, and 30,000, and this will, I hope, be sagmented by hereby resolved eic." This resolution will not perhaps it wosti have been bettor if you had sutrance fcas and registration-fee to be paid by require-confirming, at a subsequent meeting. been apprised of the situation before thit, now companies applying after April tata ill On behalf of the directors may say we all ad-

The only excurs For Directors hays is that, godoto capital account, and as "Article 6. 18mg mit that 5 directors is a rather large number but on learning of this state of affairs, boriness that the income of the Exchange shall be apa the secret of that is that when the company was showing sigos of improvement and it was plied to the promotion of the objects of Er was first started it was, composed of three hoped that large amountd might be written off change, and no ponion shall be paid to any i companier, and twelve directors from thole every year out of prosti.. In this as you know member, I feel sure that those upon whom the three companies were elected directors of the we have bead disappointed, business during charge may fall will understand that it la mada Dow complay: From 12 the number has been the last three years having been unprecedently not for the pecuniary good of the membare bat diminished to â by resignation and no! filling | bad, and Bow, the time has come when the is a mains of strengthening the" Kachanga up vacancies when they occured, most say situation must be faced, and in our opinion by itself, and thereby mare effectually protectie there is a great deal of common sense in what | fat the wises; course to pursue is to redaca our the interests of the investing publia viet Mat), MacGregor, said that: & directors is a capital at suggested and put the Compasy in a 4. This sums of T11, 30,000 could form & Du cumbersome number, and I have no doubt it sound position. We would like it daderstood, or rather margins to which could boʻl can be arranged that certain of the directors Gentlemen, that the difference between the coup Tix 50,000 which we could raltar should retire. "The thing to be taken into actual sud book valos of your flest has been in opresivas against 6. per cent del consideration · is that, some of the directors on way dus to négligence or mismanagement, with this we could. Contribute a large proportion of the company's of your property, Luthink you will agren with buildies on a build basiness, and it would be undesirable that this statement when I fell you that, on this last fuoUS EPACK BE OFF CRS, OF those gentlemen should retire. On the valuation of the feet, TIE 1,155,610.00, we have. For a rimang whichil contrary is desirable, in, they loterens during the last seven festa, pald over 1024 in the standing of an flautimation, of the company that they should remain

dande,) and” during the same, time, oUC 10. PAR/CHtunatoj: turned! Therefore, I think, if this' resolution in carried

lands on your bidinary shame have averag (securities im ond day you bad better louve it to the present directors

fransactions" ading this last, ýaar 1909. 40, ArtRage' Amongst themanires as to who shall retire. I don't thisk? Mr. MacGIDENT MOLAS this sa a vote of demeure, it it is oNUALETE

whether ha bad taken them with him to the ing minted that, ha had received po such'arders | which, scoţe îtood tin the end of the game 21 No. AURREA Cvised by Mr. for the year and written off Tia. 30,000.00 | from inside; the House, it will come from the

summer capital or bad left them in his office and knew nothing whatever about them, that The United Service being the winner for 3 years

at the Ayuntamiento witness could not state,

be had heard nothing pos bad be seen anything of such a telegram. Asked what would be his courts if he did receiva orders to re-dapost ike unfortunate six, Chief Hardlog said that the never 'crossed bridges before. ha: came to them.

in succession, they are entitled to keep the "Cup which was presented by Mr. J. Banton Alter the game: H. E. Major-General Brand- wood presented the Cap to the winning

team.

"MIGH AND MÊN?”.

THE PLEA, Mr. De Witt made a strong plea to the court that the writ he granted. He stated that he was put airaid to sstert that the authorities who ordered and executed this illegal deportati • were guilty of a grave crime under the Peas! The cases of the six Chinese who were illegal- Coda and subject to punishments these men ly deported last August together with six others ware not subjici to the immigration laws as ¦ of their countrymen, and who have reinned and they wore forged to lauve the country againeturs now being held by order of the court in the their will and that their case was parallel with custody of the sheriff at the Bilibid detention Following is the caste for " Mice and Men • obe in which alx min would be driven out to ward, camo,up again for hearing yesterday to be produced by the A.D.C. on 12th, 13th and sen in a boat doing a storm, in which avent morning at 9.x o'clock before the special board 16th inst. #bose men would not be subject to the rules of ] of inquiry, of the Immigrating division of the Mark Embury

THE CANTE,

Mr. G. Balloch

**

Mr. E, S, Lindsey

⠀⠀

Cápt, Adison).R.X.

Mr., H. F. C. Master

the immigration bureau of the customs service Dorado of Customs, Firs of the six Chinese] Roger Goodlake' that the action of the officers of the low in thas now here examined and their records minutely Capt, George Lorall, illegally arresting and departing these Chinese inventiosted. Many witnesses were called and Sir Harry Trimblestone cannot possibly be qualified by any lawyer most of them testified that the five men examine Kit Baralgor

Mr. H. W. Looker - as proper procedure that the Chinese ed were reputable Chicamen and entitled to Peter

Mr. W. Rekool of the Philippine felands are as much entitled remain bere. The board adjourned for luach Beadlo

Mr. G. W. Worcester as any other allons to the protection of and at the afternoon session resumed its inves-Joanna Goodlako Mrs. H. W. Looker the provisions of the sth Amendment, which tigations. When adjournment was bad at 5 Mr. Deborah

Mro, M. W. Slada - is part of the organic law of those islands, p.m. yesterday, the board gave an its decision, Matron

Mrs. Adisongan add"which provides that no person, whether that, as the "ress!t of ita" ipvestigations, Chur Molly

Miss Benbow alien, or not skali have bir fifs, fibery or Tia and Gan Tax wore antitled to lan i bare at Peggy So

Miss Elle Rown Masa property thranjened without a proper bearing merchants and By Chang as Jabourer, In Foundilogs-Mrs. Potter, Mr. Alabaster, ander due process of law which heating was the cases of Dy Tyco and Agapito Uy Kisses Edwards, Jacks, E. Potts, G. Potts, and neden Certainly not given these Chinese, and cited * Tangen the board (was divided, the mem Benbow

t'of decis pas to beat him entrada, 122 Bern, stapping for permitting there men to Guests at Marqunade Ball-Massia, Dāvid.,

trogint nitump... mimala and one against The sixik depor"" 'son, Oliver, Wodehouse, bbenton, Rosamond

Akoritz 196* Can will be reached to-day in hd dut: Graves, Dannyi, ind Dewbiegla