1911-03-02 — Page 5

COMPANY MEETING.

THE "SHELL". TRANSPORT AND TRADING. CÒMPANY (LIMITED).

ference Shares :--

THE HONGKONG TELEGRAPH THURSDAY MARCH 2 1911.

The resolutions were carried.

charge, to inke up any saros not happy to inform you that tho applied for by the shareholders. earnings of the joint companios, (Cheors.) The money raised by so far as we can estimuito them this issite will be applied, in without actual accounts, are not grost part, to the development of likely to show any falling off prove Oil Territories in which from those of last year honr, A mooting of the holders of the the Company have acquired large hour), the very large increase in proference shares in this company interests. Most autallo amongst salos of our products having was held in February at Winshos- these are the Concessions which made up for decline in price. tor Houso, Old Bead-street, under | we hold from his Highness Rajah (Hear, hear.) Wo purchased the the presidency of Sir Marcus Brooke in Sarawak, and in which assets of the Shanghai-Langkat Samuel, Bart, at which the fol- our anticipations of a rich oil field Company, and acquired through lowing was proposed as an extra-have been verified by the actual that the control of the only Sum- ordinary resolution:

experience of boring. We pro- tra petrol outside our own, any That this octing consonts on pose to work this field without this is recognised throughout the bolmalf of all the holders of Pre-further delay. I give my opinion, world as vastly superior to and

which is shared by my collongues, potrol produced elsewhero. that in this blition to the assets, of the Company we have a fiel Kenormonslyfi excess of the value) of the tofil issue of "Preferencie Shares which we are now offoring a but imastingh as, in the nature of things, it cannot come into boring for nt, Test 2 mofths, and it may 2. That the Board o au be two years (for we have to con- thorised to issue the said 50,000 struct a Pipeline of 110 miles, to Proferonce Shares ofther at or creet n telinery and Storage, and without any prominum and to sugh to build suitable shipping facili persons in such manner at such tios), it appears to the Directors timos and to be paid for by such befter finance to distain the money instalments or otherwise as they for this deorrad income by the think fit, aid without being bingitissato of Profesence Shares rather to offer the same or any of them to the existing Mombers of the Cons

1. That the Capital of the Company be increated to £5,000,000 by the creation of -50000) further Proforenen Shares of £10 qachi, ranking in all rus pects pari passa with the existing 100,000 Preferenco Shares, and conforring similar right.

|

the Shanghai-Langkat Company, This partofthe investment is prov- gromumerative, and will; we are onvinced, fully cover the whole of the extra interost wo simil have to pay.

j

SHANGHAI TRADE.

Messrs. Noel, Murray & Co.'s report on tho Shanghai piece goods trade HaysNo improve ment is observable in the general- demand since our last report, but it cannot be denied that clear ancos of earlier purchases, nost by the auction sales that were deferred in order to clear tho Now Your holidays, have on the whole been ontively satisfactory, while with goods bought privately to arrive delivery is taken prompt ly so soon as the steamer comes in. Very few importers are in a position to sell from stock; and with the drop in exchango, and, weak attitude of cotton, there is not much inducement to be in terested in any further buying in the home markets,

NIPPON CLUB BANQUET.

•

MARINE COURT.

CRUMBS FROM THE WELSH, DINNER TABLE.

A mero Saxon was surprised to leurn;

Before Commander C. W. Beckwith, R.N., Marino Magis trato, this morning, Inspector D. Mellonald charged Chan Yau, owner of an unlicensed salt junk,

That Woleh is the muly lan- with failing to report this arrival gunge in which an col can be in- of his junk at Yaumati and introduced tustofully into poetry. lawfully leaving his junk at You mali Bay without a clearance or

That a certain legal luminary's special permit on the 1st inst."

best impromptus take months to prepare,

He ploaded not guilty. Inspector McDonald stated that while on duty at 3.30 p.m. yester day, he noticed defondant's junk hoisting mainsail. He ordered him to stop his junk but as the dofendant took no notice, ho chased his junk in the Cosmopoli- tan Dock steam laich and suc- cectiod in overtaking him when near Stonecutter's Island. Ho found there was no licence on the junk.

Defendant stated that lio stop pod as soon as he noticed the police launch coming after him, He intended to got papers-in the afternoon.

Tho Magistrato found him guilty of breach of the lawful Harbour regulations and find him $25, or que month's hard labour.

Messrs. Jardine, Matheson and Co. prosecuted Chamig Kim, ' master of the steam launch Kwong Fat, and Chong Tsin, master of the stonni lunch Kwong On, for unlawfully permitting their launches to moor alongside one another in such a manner as to obstruct the free access of other vessels to Jardine's Wharf, at 6 p.m. on the 26th inst.

Preference shareholders. will be aware that wo have a prior

At the Nippon Club last night alaih upon, the joint earnings of Commander fadokaro and the The Royal Dutch Company and

officers of the Japanese training the "Shell" Company to the ex-cruiser Tsagam were entertained's imprisonment with hard

The defendants pleaded guilty, and were each sentenced to pay a fine of $10, with the option of une

labour."

docs

That the term "wolsher " not owe its origin to the doseen- dants of the ancient- Britons.

That, however, the lines

Taffy was a-Wolsliman Taffy was a thiol" are not without some foundation in fact

That the Welshman, like the cuptive Jew and the prisoned eagle, refuses to sing so far away. from his native land.

That a Welshman prays out his knees on one day of the week and proys on his neighbours during the other six.

That the Inst invasion of Eng-| land took place in Wales-at. Fishguard.

That there are to be found North of the Tweed two river- islands called "Lessor Cyniru" and." Greater Cymru," whose church-going inhabitants. pray! regularly for the welfare of the adjacent islands of Great Britain

and Ireland."

That Charles Il rofused to have A Welsh nurso,

than resort to a further isso, of Ordinary Capital at present. The money until expended will, of 3. That the Directors may courses, be earning interest. On make such arrangements as they the other hand, part of the issue shall think fit for procuring the will be applied to jayment of the said issue or any part thereof toassels which we purchased from ba underwritten by ang person or -persons (including themselves or or any of themselves) at such commission ust exceeding the rate of commission for the time being authorised by the Company's Articles of Association and dis- closed in the Prospectus (if any) as they shall think fit and to pay such commission accordingly, and so that go Director shall be liable to necount for any underwriting and including the year 1916. 1, Mrs. Yagi and Mr. T. Takamichi, 10 lampet by Vico-Consul and Commission reraived by himself a happy to say that the intorest

The owner of the steam launch with the knowledge of the Board we have derived from our invest-president of the club. A number Mow Shang brought a charge

of local Japanese merchants and but he shall be entitled to rotainments during the past year their wives formed part of the gainst his engineer of gross neg- the same for his own benefit. And amounts to 137,000, so that there

ligonco. which numbered in all company

The case was heard before the further, that, the Directors may can be no question whatever as

somo 130 persons. pay such broker (gojas it is lawful as the splendid security bohink

Assistint Harbour Mastor, Mr. The club was beautifully de-Ed. Jones, who found acensed - Jor a Commpany to gay'; and those shares, seoing that the catod for the occasion and a guilty and suspended lijs license That the consent licly Bufseho Petroleum Maatselp tempority stage erectod. Songs for three months, after which givan to thetereation of Proforene pij and the Anglo-Saxon Petre and dances in Japanese fashion time ho will be required to un- Shares, and to the terms of crea-loum Company (Limited) "distri

That it ispossible to go through tion and issue though Emited to buto in dividends Inst

were given by various members dorgo re-examination for his coran ovoning of this kind willout year of the company. the state muunt, of Proference | 41,500,000, and I do not hesitate

once hearing the name of Lloyd Shares, extends to any alterations to fall - you that the profits for in termis not contrary to the spirit | 1990, so far as the Directors are

CoorĶO. of the first three paragraphs able to estimate them, will not herouf."

fall below that figure.

זי

The Secretary(Mr. B. A, Smith- Rowso having read the notice convening the meeting,

unt of 1.50000 per annum undil

L'shall be happy to answer any questions that hayalolders may desire to pat, and I shall then The Chairman said:-Gentle-anove the adoption of the Re- mon, wo are inviting you to-day solutions.

The Chairman Mid-Gentlo-

DISTURBANCE IN PORTUGAL..

MOVEMENT AGAINST

CHURCH...

London Fob. 18-A Lisbon telegram states that a disturbanco has brokon out at Oporto, in op- position to the Roman Catholic Church, the ritors oven destroy-

POLO.

CUP

to authorise the ineroase in "the An extraorilitary general capital of the Shell" Transport meeting of the Company was and Trading Company Limitel held sibsently, Sir Marens to a further 1506000 of Protereare|Sigonel, again presiding, ating newspaper offices. As these Simros, in addition to the 11,000 which the same resolutions were disturbances are fouling to alien- 000 already issued. At the time proposal with reference to this in-ate the sympathy of men of post- of the creation of these shares the grease in the capital of the Con- tion from the Government, it is paid-up capital of the Ordinary pany and the issue of the Prefer- domanded that strict measures be Shures was 12,000,000. To-day | onco shures,

adopted for the suppression of the paid-up capital of the Ordin- The Secretary having read the present disturbance. nry Stures is 12.500,000. Whilst notice calling the meeting, at the time of the issue of tho Proforenca Shies the Roserve men, I am now addrossing the Fund stood it 100,000, tô-day the Ordinary sharoholders of the Com- THE KING'S CORONATION Reserves amount to L1,120,000pany. We havo called you toge- (hear, hoar, so that in relation to ther to-day to sanction a further The Ordinary Shares the further increase in the capital of the Com- creation of Preference Shares is pány to L5,000,000 sterling, by

The Ranelagh Club announces completely justified. Since the inertising the Preference shares that the King has approved of the pooling of the earnings of the from 1.1,000,000 to 11,500,000, a title of the King's Coronation "Shell" Company and the Royal resolution to effect which has just Cup" being given to a special Dutch Company, covering the been sanctioned by the Preference polo cup, to be played for ut years 1907, 1908, and 1909, shareholders themselves, whose Ranelagh on July 15. L1,745,000 has been written off consent we had to obtain before The trophy is a L250 challenge for deprociation out of earnings applying for yours. The Directors cup, given by the committee of (hear, hoir), whilst thissun will consider that the Proforence the Ranelagh Club, with four largely added to by the figures of shareholders are entitled to parti-souvenir cups to the winners.. It 1010 not yet escortninod, The cipate in the prosperity of the will be played for annually at tho Directors consider that the Pre-Company. They will consequent Ranelagh Club, and is open only ference Sharoholdors are entitledly ollor this issue to the existing to the winners of:- to participato in the prosperity of Profetence shavobolders at par 1. The inter-regimental tourna- the Company. They will, cou and pro rata, Thososhares will not sequently, offer this issue to the participate in the interest due on. The Hurlingham Champion existing Proference shareholders the 1st April, but, on the other

Cup: at par and pro rath. (Hour, heur.) hanel, we shall only ask for 10s, to Those shares will not participate be paid on application and the ba in the interest due on the 1st Ince of 19 103. por share on April, but, on the other hand, we the 3rd April. Some misundor- shall only ask for 10s. to be paid standing has apparently oxisted on application and the balance of among shareholders owing to the L010s, por share on the 3rd April. drastic powers sought by the Some misumidorstanding has ap- Directors in appealing for their parently existed among share-proxios. I must alate again that Boldors judging by the communithese powers were asked for on cations we have received, owing the advice of our legal advisers, to the drastic powers sought by ht that it is not intended in the Directors in appealing for ny way to exercise them, the their proxies. I must stato that Directors having arranged that these powers wore asked for on in the ovent of shareholders not the mivico of our legal advisors, taking the allotment to which but that it is not intended in any way to exercise them, the Directors having arranged that in the ovent of shareholders not taking the allotment to which they are ontitl- od, a first-class firm, having no connection, either directly or in- directly, with any Director, have undertaken, free of either coinmis pion or brokerage, or any other

·

.

ment;

tificato.

At the Marine Court to-morrow Wan Kum Shing, muster of the stenni launch Yvonne, will be charged by boarding officer Davey with failing to obsorve the rule

of the rond in the harbour.

COMMERCIAL.

MONEY VERY TIGHT IN NORTHERN MARKETS.

We are informed on good authority that money is very

tight" in the north

Both Shanghai and Tientsin are feeling the pinch, and fow foreign firms have escaped, in either place from the pressure of the times.

It is also whispered that-sensa- tional charges are being brought against some well known rosi- donis of the Model Settlement.

That there are thirteen coun- ties in Walos, without counting Haverfordwest.

That that foursome croature" the Red Dragon is to be quarter. ed on the Royal Arias of Britain.

That St. David really oxisted

*once.

OUR DIARY.

Thursday, 2nd March.

Opening of Station Hotel, Kow-

Intimations

loạn

s

Bijou Seepic Theatre, 0,15)

TRY OUR

CORNED PORK

TEIN.

Empire Cinematograph, 0.15

p.m.

Saturday, 4th March. Wharf and Godown Co. Moot- ing, 12.30 p.m.

Football

Competition.

Challongo Shifold

Kowloon Bowling Green Moot- ing, 5.45 pin.

Monday, 6th March. Rifle, Meeting. Address by Lady Lugard on Ministering Children's Lengue, Government House, 3 p.m. ..Crown Land Sulo, 3 pm.

Sommer's Institute Concert.

Tuesday, 7th March. Organ Recital, St. Jolin's Cathedral.

-- Wednesday, 8th March. Kowloon Land and Building Co. mooting, noon. 9.15 p.m.

Enginoors Institute Meeting,

Concort, Sailors' and Soldiers' Home.

Thursday, 9th March, China Fire Insuranco Company Meeting, noon.

Friday, 10th March. Hongkong Fire Insurance Co. Meeting, noon..

Saturday, 11th March, Engineers Institute Dinner. St. Androw's Athletic Club, Annual Gymnastic display.

To-day's Adbertiement

and

5

CORNED BEEF.

Pickled by our Europian

Butcher on the pro- misos,

The Dairy Farm Co., Limited.

POPULAR

ASAHI" BEER

FRICES!** Dex, Quarti d... ...$12.0ɔ per care 8 Dia. Pista. Sijja „ Hongkong, tóth Nesember, rora (1

C. E. WARREN & CO.,

30 & 32, Des Voeux Road,

GRANITE AND MARBLE MERCHANTE

illustrate Catalogues of Designs of FIGURE MONUMENTS,

HEADSTONES,

CROSSES, &o.

[NOTICE TO. CONSIGNEES,

“HE P. & O. §. N. Co.'s Steamship | Hongkong, 9th Feb; 1911, THE

On application.

YAUMATI

Established 1899.

[874

THE only successful Storm Laun-

dry in the Far East. The only Laundry in the Colony under European Supervision.

FROM BOMBAY, COLOMBO STEAM LAUNDRY CO.

"MARMORA,"

AND STRAITS. Consignees of Cargo by the nuovo- namo russel are hereby informed that their goods are being landed and placed That what was supposed to be at their risk in the Hongkong and a proud national motto on tho wall Kowloon Wharf and Godown Com- was really a refreshment-roompany's Godowas at Kowloon, where signboard "borrowed" from oue each Consignment will be sorted out of the stations on the Kowloon Mark by Mark and delivery can, bo Railway.

obtained as the Goods are landed. This vessel bengi on Chirgo:

From London," &c., ex

"Moldavid." From Persian Gulf, ex F.s. B. I. 5. N. and B. & P. COR Steamers. Optional Goods will be inurled bore ualosa instructions are given to the contrary within 6 hours.

That, in spite of unlimited misic and rhetoric, no one had a head-clio the next morning.

THE REPUBLICA.

8.8.

Wo regret to learn that some of Goods unt cleared by the 7th Inst., our readers have misunderstood aai 4 1.st., will be subjust to rent.. portion of our article in last No Fire Insurance will be effected Saturday's is feand have imagin-by me la any ouse wlistever.

od that we intended to reaffirm Damaged packages mast babit in some of the defamatory statements the Godowns for exuninition by the contained in the original articlo Consignees and the Company's But- of Wednesday last. We had no ayors, Mass. GODDARD and Dovelas, such intention and though we do 10. on MONDAYS and Tuons- not think that our article read as a within ten days of the steamer's arrival DATA. All claims must be presented At a meeting of the Board of whole could bear the interpreta-here, after which date they exist be Directors of The Shanghai Tug &tion put upon it, we horoby recognised. No claims will be admitted Lighter Co., Ld., it was decided state, so as to avoid any possible after the goale, have left the Godowns.

E. A. HEWETT,

Superintendent.

Filtered Water. Rogalar Dalivory. Flannel and underwear washs by akilled Japanese.

Monthly rates quoted. Dry cleaning. n speciality. Dopot No. 4, Beaconsfield

road. Tol. 82.

J

R. WOOD,

Manager.

Hongkong, 1st Mar, 1911:

[981

A LING & CO.

FURNITURE AND PHOTO SUPPLIES.

DEVELOPING, PRINTING

to recommend at the annual misunderstanding of our attitude general meeting the payment of in the matter, that our intention A final dividond for 1910 of 3 1.2 was to withdraw unreservedly Hongkong, 1st Mar., 1911, [41 por cent on the preference shares and apologise frankly for all the and: 6 per cent on the ordinary defamatory statements in the shares.

original article.

AN "ASIDE" AT THE FLOWER SHOW.

Exhibitors at the Flower Show are quite well aware that their Chinese gardeners are as koon 3. The Ranelagh Open Cup; upon securing a prize as they are And approved toams repres-themselves, but they are not al- enting India and the Colonies ways cognisant of the lengths to and Dominions of the Empire. which John" will go in order If there are more than two to secure the coveted honour. teams entered the first tie will be

On returning home yesterday played off on Wednesday, July evening a well-known gentleman 12, or Thursday, July 13. The noticed in his garden three pots match has received his Majesty's of plants which he had told his immediate patronage,

gardener to send for competition to the Flower Show.

& ENLARGING.

19, Queen's Road. Hongkong, 6th Feb., 1911. [863

DELICIAS DE

MANILA.

OUR OWN SPECIAL BRAND.

Our local financiers will be interested to learn that last year the Ta Ching, or Government Bank of China, did so well that

dividend of 23 per cent. will Made from the First Pick of the Finest Manila Leaf Tobacco, be declared.

The Gorman cruisora Gnois-

onan and Leipzig arrived in Singapore on the 23rd ult. from Caleuita. Both vessels were expected to leave for Hongkong on the 27th or the 28th.

Thomortality returns for Siuga Wo pore, issued by the Registrar of Births and Deaths, show that during the week onding Febr uary 18, there were 170 deaths, giving a ratio per milleol populu- tion of 31.39.

Roar-Admiral Truppel having When asked to explain why resigned the post of Governor of these plants had not boon sent, Kino-chow, the question of his the gardener blandly replied, successor came up in the sitting This not. 'long munba one, of the Committes of the Reich-masta', My makes bollo my they are entitled, a first-class stag. The Secretary for the Navy flond."

Tho Pacific Mail 8.8. Porsia will firm, having no connection, oi-stated that a difficulty arose con- The master stood aghast. leave for San Francisco to-morrow ther directly or indirectly, with corning his successor, owing to "John "had apparently come to at noon. Among the passengers any Director, Ive undertaken, the fact that the Reichstag last the conclusion that the plants are Dr. C. Thwaites, of the Con- free of sithor commission or year reduced the salary of the from his garden had no chance of tinental Tourist Co., London, no brokerage, or any other charge,Governor by 20 per cont. A winning a prize, so ho borrowed companied by Misses Constablo, to take up any shares not ap-motion that the Governor's salary what ho considered botter plants Waldron and Davy, for Kobe. plied for by the shareholders." should be raisedito the old amount from a gardenor friend and sont Mr. W, II. Blucher, for Vancou

Notwithstanding the cutting" numely 12,500-was defeated these down to the Show in his

master' nome,

of prices in the oil world, I am by thirteen votes to eleven,

vor, and Mr. E. H. Dunning, of Dunning and Co, for Shanghai,

PERFECTOS

REINA VICTORIAS

LONDRES

CHEROOTS

have also largo stacks of

- ו

ALL CLARO.

JUPITER. (Gold tipráð) Egyptian Cigaretter at 50 cents per tin of 50

SPECIAL (Cork tipp © 1}

M

12

GO

H, PRICE & CO., LTD.,

12, Queen's Road Central, Hengkeng,

and

63, Haiphong Road, Kowloon

Hongkong, 28th February 1011.

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