1910-10-13 — Page 5

New Companies Bill.

DIFFERENCE BETWEEN PRESENT

AND PROFOSED LAW,-

MEMORANDUM BY THE REGISTRAR.

"A mamorandum, on the differences between the provisions of the Companies Bill and The Companies (Consolidation) Act, 1968, by Mr. J H. Kemp waslaid before the Legislațiva Oesseli this afternoon. The memorandum 'shows the „diferenca between the provislou sof the Bli and "those of the Companies (Consolidation) Act, ©19-8, of the Imperial Parliament on which the- Bill is based, and infers specifically to every clause about which there is likely to be any controversy. Other changes are treated gan- efully. We quote the following extracta ;— ¦

The sections in the Act, and the correspond- Ing clauses in the Bilf, are given at the end of sich paragraph or sub-paragraph.

The changes have been made chiefly on account of the following-

(a) The existence of the "Shanghal Com-

panier"

w

(d.). Chinese language and customs. "- (c) Existing local law, courla; currency, etc.

- SHANGHAI COMPANIES.

A great miny of the companies registered in Hongkong ata cómpaolos, which transact all thale business outside the Colony, Most of these "Compiniai have their head offices cíther nt. Shangbai or at Tientsia. They bara no office here for the transaction of business, and' their directors and officers and all their property are out of reach of the jurisdiction of the Hongkong courts. Under thess circumstances, control' over them is difficult, and it is found lo pratilce that some of them ara very dilatory and megli- gent in complying with the provisions of the law In order to strengthen our control over these ́companies a number of provisions have been Introduced into the Bill which do not exist in the Act because the difficulty has bever become scale in the United Kingdom. Other provi sions have been inserted in order to meet the convenience of these companies; these have been rendered necessary by the time which letters take to reach Hongkong from Shanghai, Tientsio, o C., and by the fact that different newspapers circulate in those ports. One pro- vísico, which is adopted from previous législa flon, ie,, Ordinance 16 of 1907; as amended by Ordipan a 10 of 1909, is the result of a compromiso between the rival claims of the Hoogkong Government and the extraterritorial authorities at Sbangbal to collect probate or estate duty on the shares of theso "Shanghai Companies." All the special provisions re- ferred to are enumerated below.

CHINESE LANGUAGE and CUSTOMS. Some special provisions are introduced in order to meet the requirements of the Chinese language, and one provision in pmitted os ́account of the expected attitude ohio Okluose- towards it. The following are the details :-

(a.) Chinese Names. It is well known that Chinese individual and place names aro

of little ure upless given in Chiasso char- acters, The Bill requires that the Chinese names and addresses in the company's segister of members, and in the annual, summary, aball be given. Act, Sections ~25, ±6; Bill-Clauser 26, 27,

(4) Chiness Equivalent of "Lim ted Com-

pany."-The Act requiris, all limited companies to use the ward'" limited "is part of their names, and forbids the use of the word by unincorporated persons, The regular Chiness equivalent of limited company" is "you han kung iz (有限公司) The Bill provides that

any Chinese equivalent ofits name which a limited company may' dso thail con- tala that expression, and ́it. penalites tho use of the term by persons who baya pat been incorporated “with limited lably, Act, Sections, 3, 4, 258. 274, 28a; Bill, Clausen 4; 5, 336, 257, 280- *(c.) Binks, Half-Yearly Statement. – Hitherto

there has been no limitation in Hong- kong on the six fiol partoerships formed for the purpose of banking, and iba Xn. glish law on this, subject is now being applied for the first time. „Opposition' is expected to this provision of the Bill, on account of the publicity which it will in. volve, and it has been decided as conces sion to exempt banks from making the statement requked by clausê 108 of the Bill. Act, Section 108; Bill; Clause 108.

· ROLES – FEIF-TAULES- FORMS,

The provisions of the Act and of the Bill are compared under the following heads -

(a) Fee for search by non-members of a company's registers of members and mortgage-In the Act the fee in 1f, and In the Bill it is so cants, which is the presentifee for search of the register of 'mamber. Aci, Sections 30 and 101'; Bill,

Clausen ge and 101, s

||

THE

HONGKONG TELEGRAPH THURSDAY OCTOBER 13, 1910

|

First Schedale both in the Act and in "The existing law is contained in the Companies the Bill. Table 1 ip ite Bill simply re- Ordinance, 1865' (No. 1 of 1865), which In les enacie Table B of the pres et Com prezent form in Sir John Carrington's Edition. paules Ordinance, 1865, which contains | of the Ordinances ls a consolidation of the the fees chargeable here at present. Our prigioal Companies Ordivance and of various scals in a little bigåer than the scale in subiequent ordiaunces wbich adopted select, the Act, so far as it goes, but it stops at ad portions of later Euglish legislation. Li a maximum of 5300 while, the English contains none of the English legislation after scale goes up to 5o. "To look" only, at 1898, and the legislation up to that year was Table B, however, would be to obtain only partially taken over. In particular, the a very misleading comparison between Director Liability Ací, 189, (53 and 54 Vict. the fees payable on the registration ofa C 61), was not adopted. The present 13 il is company la England and Honkong based on the Companies (Consalidation) Act, mspectively, for in England there le pays allo, the Directors Liability Act, 1890, 1908, ( Hdwardy, c. 69), and this embodies, abla in additión a Capital Duty of 5/- (53 and 54 Vich c. 61), the Companies Act, por £10ɔ of caplial, and there is no limit 1900, (63 and 64 Vict. c. 48), and the Companies upon this duty. It was imposed by the Act, 1907 (7 Edward 7, c. 5o). In the references Finance Act, $899, s. 7, and has no

at the end of the paragraphs, "Ordinnoce“, means the Companies Ordinance, 1865, and counterpart is Hpagko g. The result "Act" means the Companies (Consolidation). in that in all but the very smallest com Act, 1958, panies our registration fees are far lower than the English fees. For lastance, in

PARSUMMARY,

The following is a summary of the principal the case of a company with a capital of|changes introduced by the Blij lato the existing 5500,000 our fee is $124 while in Erg. law. Fuller details, and also other its im Jand it would be £127-10-0, or say $1,500, portant changes, are given in the body of the

memorandum. For present purposes i hava disregarded such fors as do not vary with the amount of the capital.

The fees la Table B of the Act may be lowered, but may not be increased, by the Board of Trade (Sections 118 and 244). Similarly, those in Tabla B of the Bill may be lowered, but may not be increased, by the Governor (Clanzos 118 and 211)...

{/} Fon for registration of decumenis-This

is 3/-'under the Act, and 53, the present for, under the Bill, Clause 253 nod Table B,

(e) Stamps on memorandum and articles-

Both the Act and the Bill require that the memorandum an 1 the articles shall each boar the same stamp as if it were a deed In Eogland the general deed stamp is 10, and In Hongkong it in 530, Act, Section 6 and 11; Bill, Causes 7-1 and

"(4) Stamp on ibare warrants to hearer,→The present Companies Ordinance, 1965, 1: 5 requires shain warrants to bearer to he stamped with an ad valorem Atamp of 30 cesta' par $102 of nominal value. In England this duty in provided for in the Stamp Act, 1891, and not in the Companies Act, and it has been decided to asai with it here in an amend- ment of the Stamp Ordinance. - It may he mentioned that the English rate is five times the present Hongkong rain. (1) Winding up feex-Under the Act these are fixed by the Lord Chancellor with the sanction of the Treasury, and under the Bill by the Governor-In-Council.

• Act, Section 237 (3); Dill, Clause 219 (2) (j) Winding up Roles "including winding

up form."Under the Act these are made by the Lord Chancellor, with the concurrence of the President of the Board of Trade, and under the Bill by the Chief Justice with the sanction of the Colonial Treasurer. Act, Section 337 (1);. Bill, † Clause 119 (1).

(b.). All other rules of procedera, "including

rules an to costs and fees," are made in England by the authority having power -to-make-rules-for-£opreme Court,

, the Lord Chancellor, Lord Chief Justice, Master of the Rolls, President of the Probate, Divorce and Admiralty Tivision, and four other judges. The Bil places this power in "the Chief Jus. tice with the approval of

of the Legislativo Council" This is the authasity which possesses, under section gz. of Ordia. ence 3 of 1873, the limited power of mak- ing rules for the Supreme Court which Is all that the legislature has parted with in this Coleny (except for a limited power given to the Chief Justice by Section 700 of the Code of Civil Pro cedora), Act, Section 138; Bill, Clauss

210,

(1) Tables and Forms-Under the Act, any of the tables and forms in the First Schedule to the Act may be altered by the Board of Trade, except that it may not increase the fees payable to the je gistrar of companies, Duder the Bill thess tables and forms may be altered by the Governor, and he ãlso has no power to increase the fees payable to the registrar of compinies. Act; Sec- tion 18; Bill, Clause st8.

**

DANKS.

The fact that backing partnerships wero ex- cluded from the operation of the Companies. Ordinance, 1865, has necessitated the lasertion In Clause aay of a provision that banking com- panies in existence at the time of the com- mercement of a Hill may register under it, and of a consequential alteration in Clanso 234. Ol course existing banks need not register unless they wish. In ons olber matter relating to (banks the Bill differs from the. Act, fa, limited banking companies are not required to publish In the Act the fto. is sixpence par the statement of assets and flabilities referred hundred- words, and in ibe_Bill it is a5 | to in Claure 108 of the Bill. Act, Sections so8, cents per follo, which is the present fan || 549, #367 Bill; Clauses 108, 227, 954- for copies of the register of membus, Act,,Sections

30 and

102; Bill, Clautos

** (6.): Fes for coples applied by a company,

31 and 103.

INSPECTICH CY REGISTER OF MENDERS.

The Bill provides that the registrar of com- panies may inspect the registers of members, (c.) Yes for search in the cffice of the regis and debenture holders, of any company without trar of companies-The Act provides | |fos. Act, Sections yo (1), 101, 103) Bili, Clausen

HOLDING OF LANDS IN HONGKONG. BY FOREIGN COMPANIES.

(og "the payment of such fats as may be .31 (1) 167, 203., ippolated by the Board of Trade, not excending ona shilling for each inspecè. Tekstion". The B'll' fixes It ́at ́11.00, which ́in the "presast feel. Act, Fection 243 -(6); Bill, Chute 233 (6) ******

Under the Bill, every company incorporated outside the Colony wbic ruißt the condi❜lons of clavio 252 lí empowered to bold lands in the (1) Fens for c;ples supplied by the registrar | Colony i this follows the parent law (sen Or of compau'es – The Act provides for fees | diance 7 of 1978), The Act-given the powers -- not exceeding sf› for a certificate of lo. only to compiles incorporated in a British. --- Corporation and not exceeding sixpazce | possession......... Act, Sectional 174, 9751 Bui,

per follo" ter a copy of any document | Olauses 2531-253» 1.09% The Bill Exit the Ices at $5.op and 40 cents per folio respect valy, which aro the pressat feer Act, Stcilop 149 (6); Bill, Glapse 223 (5)

(1) Fede op registration of a company and on registeklen of an increase of capital

(a) Annual Summary —This 'will' contain' soma naful additional information la. future,

(&) Annual Balasca Shest.—All companiás will in future kave to file_na_anqual balance sheet of assets and liabilities; (c) First Meeting and the Statutory Report.

Seven days before the first meeting the directors must send to every ahore- holder, and file with the registrar of companies, a "statutory report" contain log full details of the allotment, alc. (,) Prospectus,-Provision is made against

misleading prospectuses. Minute direc tions are given as to the Information that a prospectus must contain, and in care ....of misrepresentation the anus in thrown on the directors and promoters to show that they had reasonable ground to believe that the misleading statement was true. At present the onus is on the subscriber to show that the director of promoter knew the statement to be filie.. (4) Allotmas-Restrictions as imposed in order to prevent allotments being made on insufficient applications and business belog commenced without a reasonable capital.

(f) Commissions and Discounts.—Restric

tlose imposed in the paymeal, out of capital of commissions or dircousis for "taking or placing shares. This is intend

ed to praveni a practice which was once common in Hogland, of adding large amounts to the price, advertised no pay. able to the vendors, who then arrange the underwriting, giving large blocks to financiers who guarantee, that sufficient akaras shall be taken to provide work ing capital,

(6.) Mortgages and Charges-All future mortgages and charges on the company's property or undertaking will be void as against the creditors and liquidator unless they are registered within six works after the date of their creation. (A) Auditora-The powers of auditors'aroes. larged, their responsibility is increased, their duties are rendered more stringent and provision is made to ensure that the shareholder shall bear and have access to their report. This subject is entirely unregulated by statute at prezent. In practice, of course, provision is made in the Articles for audit, but there restristics of of

COMMERCIAL.

Tyth October, "I p.m.

The following quotations for rubber shares by wire, are supplied by Mesara, B. 5. Kadeorts & ON P

Alfagues... --Anglo-Jaras

Anglo-Malays.. Balgownies

513 „100}='

Batu Tigal....kyan- Bakit Kajange (pp.) ott Caroy Uniteds išmokooli. 20/- prem;" Castlefields ...........................120/ Changkat Serdange 59 Cheras (part pald).................................§8 prem. Do (fully paid).............................$18 Damansaras.................................$57/6 Kastern Internationals......t 1/9 prema. Glenaslys.55-75 *Highlands and Lowlands .................107;6. Indragiris...on $17 Kamanings.........................${9 prem. Kuala Lämpor Lauadrons (fully paid) Lanadrons (ppd.)

Ledburya

Linggis

sarah-dae

London Asiatico... London Ventures čar shamr Merlimat

To-day's Advertisements.

NOTICE TO CONSIGNERS.

FROM SHANGHAI, KOBE AND MOJI.

THE Steamship

#GREGORY APCAR" having arrived from the above Ports, Consignes of Cargo ate hereby informed that their Goods: will be delivered from alongside.

Cargo impeding the discharge will be landed at Consignees, risk and expense; into the bazardous and/or extra' hazardous godowns of the Hongkong and Kowloon Wharf and Go- down Co., Limited pat

No Fire Insurance has been affected. Bills of Lading will be countersigned by the Undersigned.

DAVID SASSOON & CO. LIMITED, * Agents, :) Hongkong, 13th October, 1910.

FOR SHANGHAI

"HE P. & O, S. N. Co.'s Steamer

1655

Intimations.

APPLES!

APPLESI

"TASMANIAN - STURMERS "

EXCELLENT QUALITY 20 cents per lb.

THE DAIRY FARM CO.,

ΤΗ

751- +45/5.

* DEVANHA,MUA Captain H. Powell, will leays for SHANGHAI TO-NIGHT, the 15th inst, at Midsight,

For Freight or Pasuago, apply to

E. A HEWETT,

Hongkong, 13th October, igro.

HONGKONG VOLUNTEER

ASAHI

5. Superintendent,

ASAHI

ASAHI

and

SAPPORO

Pegola cámarasi+$31. Rubber Trusts.20/- prem. Saggasömumu......moon370/-

Sandycrofts.....

Sapongi mamu.....24/~

Shelfords......70/- Singapore & Johores 5743 Somatra Parms

Sungel Chobs............97/6 Sucgel Kaparemnaunant4/9 Tangkaha...............................37/6 Toerangle.....................)- prom,

Ualted Sardange103/6 United Singapore#...$1.50. United Sumatra........ United Langkat.Boj.

Doff's

8/5

14/9

Tronoks........

341-

................6/3 par lb.

SEPTEMBER RUBBER RETURNS.

Para Rubber

RES&KYB,

FIRST MEETING,

Yesterday the first mosting of the Volunteer Reserva was held at the City Hall. H,E, Sir. Henry May presidad. · O.. the motion of Mr; G. H..Wakeman, seconded by Captain Branch, H.E. Sir Henry May was elected president of the Reserve. Sir Haury, lo rataralag- ibanks for the appolotment, said he had much pleasure in accepting the office. He knew that he could sely upon the members to make the movement a real success, which he thought it ought to bs. | It ought to prova a very valuable addition to

the defence force of the Colony,

Mz. A. Mackeszie proposed, and Captain Branch seconded, the election of the following commliteg:-Captain Branch, Meiers. Baker, R. E. O. Bird, L. G. Bird, W. Dobbs, G. H. Wakeman and C. E. H. Beavis. Carried, Mr.

SAPPORO

SAPPORO

·BEER-

LIMITED.

AWARDED

GOLD MEDAL

ANGLO-JAPANESE EXHIBITION,

PRICES:

-4 Đoz. Qaart.c............$12,00. par caso

8.Doz, Platiniu$t350

THE

OF ALL

WINE

MERCHANTS

A. Jenkins was appointed secretary. On the CHINA, PROVIDENT LOAN AND

INCH KENNETH :-/ï 1,895 lbs ; Agaîunt 8,407 question of the annual subscription, Mr.

ibs,

RATANUI:- GLENKALY

ERYQUAT:- VALLAMBROSA

MALICCA -

KRUPSEY :- HARPENDEN :---

KLANANG PRODUCE :- GLENSHIKL

2,050 lbs. 2,132 lbs; 6,415 lbs. 33,700 lbs. 33,000 lbs.

4,099 lbs, 12,000 lbs. 10,300 lbs. 4,784 lbs. "CNITED SUMATR▲:-4,850 lbs. Total nine months 31,467 lbs. COFFEE:-8 pils. Total aine months 2,444 pkls."

LPzGOI

6,304 lbs. TAMBALAR -

1,137 lbs. JEHONO:21,880 lbs. Total nine months 163,400; against 89,080 lbs,

CALEDONIA :----

—TALI-AYER¬~A

GEDONG :-

26,000 lbs. 17,546 lbs, 12,000 lbs, 17,500 lbs. 20,000 lbs. 13,000 lbs. 720 lbs. BUKIT LINIARo:-4,700 lbs; agnius 1,175) Total three months 13,500 lbs; against 2,505 lbs.

BALGOWNIE

NOVA SCOTIA !—

RUBANA: BATAK 'RABIT HAI KEE :-

that the promoters may choose to adopt. (7) Windlog up by the court-Every liquida. tor in a winding up by the court is placed under the regular and systematised con- ttal of the. «fficial receiver. He must -send-bis accounts to the officiat receiver to be audited, must pay all recalpts into *ap account controlled by him, must give bim all necessary information, and most apply to him for his releate. The official receiver reports to the court on the assets and fisb'lities of the company, on the causes of its failate, and if aby fraud has been committed. At pressat, of coures, the liquidator has lo many cases to obials the sanction of the court before taking acllon; the court makes a special order in each case as to the passing of bis" accounts, and may take cognizance of any neglect or mis feasance on his part. It moved in that bebaif and the Regisizer of the Supreme Court has 15 countersign all his cheques. .But there is no authority whose duty it|181,1284b is to walch his conduct, or who is em powered to take action of his own motion in cafe of recessity. Some provisi: is also made for the case of voluntary winding up, but of course there is po re gular crnirol.

(/) Directors and Promoters,The company must keep and file a register of directors. Provision is made to ensure that the p.rsons held out to the public as latend ing directors shall really take up the office. In may proceeding by a subscriber against a director or promoter for mis sepresentation. to the prospecius, The onus will in fature be on the director to show that he bad reasonable ground to believe the misleading statement to beʻj trus. At present the onus is on the sub`. scribar to show that the director knew the statement to be false. Failure to comply with the requisamanis of the law- will in many caos entails pecuniary pan. ally on the directors Power is given to the court to relieve directors who have acled bcostly and reasonably and tho aught fairly to be excused.

(*) Foreiga Corporations-Evary company incorporated outside the Colony which commences business in Hongkarg after the commencement of the wow Ordiną. abce will bava to'give certain foforms- tion and fle an sonuel batzoço abest... ........(2) Falno-t tatements in Returns-Anyone who knowingly and wilfully maket a material misstatement in á rafatu, report balance sheel, certificate, vtc,, will.com. mit a misdenieszcor.

(m.) Banks-In fature, partnerships of more, than ten persors formed for the porposa- of banking will be illegal unless register. ed. Banking partnerships were omitted from the Companies Ordinance, 1865, because it was intended to deal with them separately." They havej: bowerst, been left entirely upregulated

(*) Ganer.ily sparking, the provisions of the Bill apply to existingına well as to future, companies. There are exceptions, and in particular it may be noted that foreign companies already doing business here, -and existing banks, need not reglsten:en |, If must, of capres, be understood that some of the less important matters dealt with by the Bill dre at present ordinarily regulated in the memorandum and articles of each individual The following memorandum of the chief company, but they are made absolute in the differences between the provisions of the new Bill and are not left to the discretions of the Companies Bill and the existing law in the promoters of companies, and the ramark dons Colony professes, pelikar exhaustivasa Dot BY CAMS apply to such matters are criminal efiances, civil liability of directors and literal accuracy, and various minor detalls and promoters, extures to be filed, or winding up

emilled adrisalire requiremente and graitph

NOTE,

7,653 lbs. 1,100 lbs, 1,150 lbs.

2,278 lbs, 950 lbs,

ALMA :-- 1ENGKALAN DURIAN :--- MERTONI- CHENG:- LANADRON :~38,997. Ibs; against - 25,120 lbs. Total for nine months 281,87 lbs; against

SINGAPORE AND JOHORE:-12,664 lba; gain 4,474 lbs. Total formine months 85,945 Ibu, against 25,33 lbs.

SENAWANG-5,336 lbs; against 1,815 lbs, Total for eight months 46,908 lba; against 9,50% lbs.

LEDBURY:-10,633 lbs; agulost 6,745 lbs: Total for «nloe months, 81,512 lbs, against" 43,948 lbs,

SEMBAWANG :-665 lba, August 6cg lbs. BANTENG 1-4133 lbs; against 9:0 lbs. Total five months 13,897 lbs. against 1,784 lbs.

CHERSONISE.*** DENNISTOWN

3,385 lbs. 1,198 lbs. GLBY SHIEL-4,784 iba. Total 9 months 0,033 lbs, against 2,266 lbs,

CHERAS

FED, SELANGOR :— 'BATU TIGA:-

FMS

· KUALA LUMFÖR I— TANJONG MALIM !---

- DAMANSARA :-93,290 lbs.

Sukoki KRIAN:-L015 lbs. Angust 8,405.

ALOR FORGIL:—

BRICH

Aver Kumino >—–

86; lbs.

17,058 lbs.

9,601 lbs.

34,145 lbs,

49,216 Ibr

960 lbs. (Three months.)

February to

.

2,628 the

1,675 16

220 lbs

AYER PAMAH:-1,580 1b; Total to data

4.339

KOTA TINGGI -

670 lb

Events Coming.

by Saturday, 15th Octobarzhetikën

Wakaman was under the impression that the subscription should be limited to $3. I ́lt were fixed at a higher figare it might proveni men from joining. H.h. poiated out thât the Reserva would obiaiu s-grant in respect of materiale thought himself that $3 would bà sofficicat. He would like to see old Volunteers. folalog, : There were quite a number in the Colony.

Mr. Brett remarked that being a military force he thought a subscription would have been sunecessary and that a grant. from the Government would have met all expenses. The Präsident, pointed out that ...thap, waAER not a military force, but an organised club with a militury blas. He did not think they could get on without some litla fund, They would bayo_range_expanses,

Mr. Wakeman proposed that the annual sub- :scription commence from October ist,

Mr. Boavia. seconded. The motion was carried.

The framing of rules was left to the com. mitica,

Mr. Hoarlo asked what sort of riffe would be lasted?

The President said that the short service: military rifle would be issued. He was la com- munication with the Volunteers with a view to procuring rifles at coco. Next year there would be a vole lor the purchase of rifles.

Mr. Hearle suggested that some" members might prefer the long rifle, with was better for

better to adopt the servico rifle, and be in the shooting. The President said that it would be

same position as the military.

MORTGAGE 09.; LD.

(Carival Paid UP.........$1,350,000)

Loses on Mortgagé óf House Property, dos “Goods tacsired on Storage.

Advances made on Merchandiìa. Loans made on the Provident System.

(Rates and Paniculars on application),

THE OFFICE OF -TRUSTEE-EXROUTOR OF-WILLS. ATTORNEY, &t, Undertaken and Executad.

SHEWAN, TOMES & 60,

• „Ganeral Managers. Hongkong, roth March, 19oll.

SAVE YOUR HEALTH-

ix drinking the cheapest and most agreeable Table Mineral Water

'COUZAN GATIER approved by the French Faculty of Medicine.

Largo Bottles

Doren

Case 50 Bottler...................

60

In conclusion, His Excellency urged upon SOLE AGENTS: members the necessity of shooting their mar ketry course so as to obtain the grant of po rounds of free ammunition.

from

*FRENCH STORE."

Hongkong, 18th July, igra.

NICOLA ESCAPED

our box at the City Hall, but neither he

nor anyone else can escape from

the fact that

Dr. MacKenzie's Stout

is the best Stout to take now that the Cool

Weather has set in.

RA

For anyone training för

Athletics of any sort it is invaluable. It builds

up the Nerves and Tissues, and taken after a .

Canion laqurance Ofica, annual masting, strenuous gamo it has a marvellously invigorat

Boos

Gymkhana Club, filth meeting, Race Course, ing effect.

יו

3.30 pm.

Football, at Happy Valley, Variety Entertalament, City Hall “Bedford * Relief Fand,

Monday, 17th October, Valsty Entertainment, Olty. Hail ford" Relief Fund." ***

****

Concert at Seaman's Instituterte Harmston's Qlicus, Gausaway Bay,

Thursday, noth October."

Property Tala, Hughes and Hough,

gislativa Desaçli mancing, 130 20

In Quarts, Pints, and Splits from

H PRICE & COMPANY LTD

12. Queen's Road Central,

Hongkong

Page 5Page 6