1911-03-22 — Page 5

SUPREME COURT.

IN BANKRUPTCY.

THE

ments. The manager, aftor making the affidavit, disulppeared. Molchers would not suffer; it we thoir compradore who would be the losor. Preference payment might therefore be made with

HONGKONG®

TELEGRAPH

RAISING of revenue.

WILL TOBACCO BE TAXED IN HONGKONG?

WEDNESDAY

MARCH

22

1911

· LOCAL COMPANIES.

CHINA TRADERS' INSUR- ANCE Co., LTD. Subject to audit, the directors

for account 1900, making $1, end of $4 por sharo be paid for the yoar, an interim divida end of $1 per share for 1910

and a Bonus of 20 persent on

To-day's Advertisements..

NOTICE.

HEREBY bez to notify that I nin Javing the Colony TO-DAY for period of two weeks returning on the th prox.

W. G. WORCESTER.

[982

POLICE COURT.^-

Two coolios wore charged this morning with ontoring No. 36; Cochrane Street, last night with In the Supremo Court this

It was mentioned in the intent to commit felony and unwill recommend tlist a final divid- morning, in Bankruptcy-heforo perfect impunity. If the man Hongkong Telograph" some siona bunch of skeleton keys. They lawfully having in their possos tho Chjof Justice-Mr. Eldon disappeared the Official Receiver Pollor made na application on "was poworless. They realised time ago that the tobacco mer-wore sentenced to three months bolmlf of Mr. Fletcher, the Orial the peculiar position of flongkang. eluaats in the Colony, like their hard labour and four hours'

Mr. Slado submitted that oven brothren in Canton, wore becomi-stocks. Receiver, that in the bankruptcy, if this affidavit could be admitted ing alive to the possibility of a Al Shan, unomployed, was contributory promin. They Hongkong, 22nd Man, 1911. of Kwang Cheong, two payments this application ought to be dis-new tax bong imposed upon sentenced to three weeks im- will further recommend that mado by the managing partner of missed. The Official leceiver the weed" in order to help re-prisonment for stealing a silvor 110,000 be passed to Reinsur- “BEN“ LINE OF STEAMERS, that first, in bankruptcy, he do- did not appreciate, the dormant plenish the deploted colonin ex- watch and chain, a half sovereign ance Fund, leaving $225,358,20 claro. fmmudulont preference.

motivo for the payment which chequer. And although a tem- and a quantity of small jowollory, to be carried forward to Un- NOTICE TO CONSIGNEES. Alr. Marcus Staleappeared for certain crolitoys and defrauding found here by increasing the Young Fat, caretaker of the Coffee thus closing the account for 1909. was with the view of protectingporary expedient has been valued at $17.10; the property of dorwriting Suspense Account, Mossrs. Meleliers &e, the firm others. The jatontion must be to for impost, the who had received the payments defriadothers. If the paymont was

tobacco Plantation comotory. trade referred to.

made not with the view of gaining mid to be dit of the wood.

can hardly got bo' time and settlingup his affairs and with no other object than to dofrand his creditors then it was a case of fraudulent preference. At this stage the Court

Mr. Folter, in hisopening, said that this was an applications that the payments rule to Melchers & Co. bo set asido, as such pay monts amounted to fraudulent preferonce and wem boptrary to the policy of the Bankruptcy Act. There were several precodents-of

oven some paymouls made by the

journod..

When a few yours ago the to- bacco tax was introduced in Indin in order to make up for the ad-growing expenditure fow expected that it would produce the amount of rovonue it is now producing Singaporo would have had the tobacco tax had it not boon for the fact that it is not expected to produce as muchi ne is needed to make up for the deficit causa.l by the loss of revemo in opium.

.

Such payments boing set asido, DEVELOPING WHAMPOA. Official Receiver subsequently | VICEROY DESIRES TO IM-] being considered fraudulent proferonce. In this case the ro. coiving-orilor was toado in August and tho firni unde

Bankrupt on the 25th Nov. 1910, The petition was filed on the 4th Nov. These proceelings were the result of certain admissions made by the bankrupt in his

lic examination. Comisol would chuti, att the

PROVE RIVER PORT.

Our Canton correspondent has

.:

Nine mon word, cliarged with. gambling in No,.,: Dos Vienz. Road Contral. The first and second defondants were fined $50 each, and the remainder $2 oach, Leg Ping was given three months hard labour and four hours stocks for the theft of $72, from an Indian in Queen's Road

Central.:

LOG BOOK.

S.S. "BENALDER,"

ANTWERP, MIDDLES- BRO, LONDON & STRAITS.

informed that all Goods are being

UNION INSURANCE SOCIETY FROM

OF CANTON, LIMITED, Subject to audit, the directors will recommend that a final divi- dond of $20 por share bo paid CONSIGNEES of Cargo na hereby for account: 1909, making $40 handed at their risk into the hazardous per aliare for the year, an interim for extra lingantas Gedowns of the dividend of $30 per share for Hongkong and Kowloon Wharf and 1910, and a bonus of 20 per cent. Oudown Co., Ltd, whenes and/or on contributory premium. They from the wharvas delivery may be will further recommend that obtained.

£10,000 bo passed to Storling No Chris will be admitted after the Roserve Fund, leaving $481,000 Goods have left the Godowns, and all to be carried forward to Under-Goods roinnining, undelivered after the

20th inst. will be subject to rent.

All Claims against the Steamer must bo presentot to the Undersigned on or before the 3rd paix, or they will not by rcgnized.

The 8.8. Drufar is in Cosmopoli-writing Suspense Account, thus tan Dock, undergoing a general closing the account for 1900. overhaul.

"The Times" announces that A question has been asked by movement is on foot in Great a render as to when any an Britain to promote the organisa nuncement is likely to be made tion of industrial workers in Inoue, aro to be left in the Godown

Hongkong, it is expected, will also have a tobacco-tax very soon, reported, and the native papers if the indications are correct, (says sport his assertion, that the Shanghai contemporary), and in Canton, Viceroy is desirous of the meanwhile wo understand that rising Whanga opeeniore to in the Viceroy of Canton is proposing pristine glory as a trade martobacco innopoly, in additions to the cause of the dange din.

to the opium monopoly, in order to raise the revenue; noedou very.

which was done to the steamer, Conch, some time ago, when go- ing behind Stonecutters towards the dock. It seems that the lar bour authorities mado an investi- gation, and then the search was

In consultation with his advisors, time knowing that he was insol-ho is said to have pointed out that ladly. We know how Japan has vent, realised sono sock-in-trade the labour provides a good a very large revenue from her in his shop and divided the pro typhon shelter by reason of the tobacco monopoly, and possibly goods amongst thres Pro Surrounding unlains, is centralna may find it a fentitful source firms in the Colony. In this pin position, case of access and in out every commodity in China Up to now nothing has been made

of revenue. But it has been pointed tilar, they were dily ilebling

direct cominunication, with the with one firm.

socms to havo been taxed la tho

To-day's Advertisements:

made by the naval authorities. UNION INSURANCE SOCIETY

OF CANTON, LIMITED,

know why Melelors and Co. tioned in it, love the revonne to the Government

His Lordship said he did not interior. It, nalural goographical) utmost, in spito of the fact that public, and, as far as we know, NOTICE TO SHAREHOLDERS,

resulted in dove-nots tithe of what is collected.

should be singlə】 out.

de l'otter did not think that it was a cause of singling out. Perhaps when the other firms saw that this was a case of

apore,

locate the stones, which it is said danged the plutos. Meanwhile

no red flag has boon hotted to

AMERICAN TRADE IN FAR EAST.

AN INCREASE DURING 1910.

loptent along modern lines. While Hongkong-is-suffering the owners have had to pay the With His Excellency's aspirations

from the suppression of opium bill. were in full sympathy,

Canton has to make up for the The development of Whumpor loss occasioned by the suppres fraudulent preference they would us the dovelopment of a tradesion of gumblings agree to refund. Thero wore that, should add greatly to our

affidavits in this case. Ono prosperity, bus while the river and problem, as her resourcos Hongkong has had a pretty was sworn to by Mr. Fletcher port doubtedly possesses may, are not so great as that of Sing- and the other by to managing facilities, such as opportunities!

and her trade ontirely partner of the bankrupt firm for bunding, the construction of depends like that of Singapore Counsel had recrival notice to roads, and typhoon shelters, as

on keeping the port free. There produce the debtor for examina-welt as being decor, foot was the taxation of spirits some This was the man incation with the interior, yet there tane ago, and now wo learn that whose public examination such is much to prevent it taking a

the revenue from that source has admissions were mados to cause eating part in local commerce.not been half what the Govern

In the first plate, the condition)! theso proceedings.

Mfr. Slade said that whatovor of the native currency will went thought it would be. Bai what the effect of the tobacco admission ho might have unde, militata against any great it was no ovidence against Mel extorsion of trade. The lack of taxation will be is not known. confidence.fr the native lens Thero is bound to be a good deal of opposition to the proposal, and we cannot see how, when it is considered that tobacco taxation Singapore will not produco a the of the revenue needed, the amo kind of taxation in long- kong will help the latter.

chors.

·

JOTICE is hereby given that the THIRTY-EIGHTH ORDIN-

N

ARY YEARLY MEET! of the

Society, will be helt at its Pead Office, No. 2, Quecu's Buildings, Hongkong, on WEDNESDAY, the 26th April, |1911, at Noon, fər ibo purjora of re

62 31st December, 1910, and of declar- ceiving the report of the Directors to- gather-ich-thie statements of account

lag Dividends, r

Society will be CLOSED from 1611: The TRANSFER BOOKS of the Apil to the 26th April, both days in- disivo.

By Onler of the Bonn,

! C. MONTAGUE EDE,

Secretary. Hongkong: 22 Mach, 1911. (985

Far Eastern purchases of American goods in the eleven months ended November 30, 1910, roached a value of $110,000,000, of $7,000,000 more that in the corresponding period of 1909.

The principal buyers were (Bureau of Statistics figures:) Australia and

Tasmania 28,428,078

CHINA TRADERS' INSUR- Philippine Islands... 18,010,194 ANCE COMPANY, LIMITED Japan Mr. Potter said that they lads a premium upon the use of

New Zealand...........

22,470,920. NOTICE TO SHAREHOLDERS.

5,703,077 boon sorred with antice to pro-subsidiary stage, and although

Straits Settlements

1,751,980 duce this man. Lafortunately is Excelloney roalises this

OTICE is hereby given that the 9,501,719 FORTY-FIFTH ORDINARY they had not boon ablo to pro-lilieulty and as first step to the

Dutch East Indicu

14,520,101 YEARLY MEETING of the Chine duco hing for reasons unknown development of the port suggests

Chinose Empire

0,697,085 pany will be held at its land-OMer, to the Official Receiver the the establishment of sound native

British Indin. Hongkong......

4,709,412 No. 2, Queen's Buildings, Hongkong, dobio had gone to Canton.banking concerns, it is dithenlt to

Asiatic Russin

1,002,061 on WEDNESDAY. the 20th April, Thorofory Counsel was not in a believe that those will carry the

MARINE COURT. Other principal buyers were 1911, at 12.90 p.m. For the purpose position to producó him, but he same weight as the banks of As a vorune.ilar

British China, French China, of receiving the re, ort of the Livestors would submit that the Court had longkong.

Before Com. Beckwith, to-day, German China, Japanose Olina, together with the statements of account power to admit those aduissions papo sensibly, joints out, tho. in evidence, although Molchers & Hongkong and Shongbai Bank and PC. C. M. Wilson charged Ng Fast Indies, Corea, Persia and 1910, and of dockring Co. had not had an opportunity similar concerns here are a guar- Tai, mustor of launch Su On, Siam. to croix examine the debtor.antee of finncial stability. The Kwok Tuk, mister of hunch Comusel would satisfy the Court gonoral use of subsidiary coins, Yew Sang, al Lai Chat, master thing unless the Court numitted to want of confidence, will of launch Itung Ony with unlaw then a great injustice would be always restrict widespread busi- fully blowing a whistle other done. His friend's point of viewness, this is the first and than for the purpose of navigation would doubtless be that it would greatest difficulty that confronts at 10.50 p.m. on the 15th inst, in be unfair for them to have Whampoa,

1

harbour.

affidavits put in evidence; widlo On the otherland, the unsettled Mr. Beckwith said this practico his fricul was not in a position and piratical condition of the of giving local sound signis was to cross-examine the sinkrupt neigherhood must be reckoned becoming too common, and ho It might work gross injustice,with,, for it is impossible that, ordered first defendant to be re- specially when specific power wastrado can be carried on with any examined as to his knowledge of give to the Court to admit. Turress when its activitios are not the rules of the road and sound showed that it was to the interost actively guarded. The shallow signals, before taking charge of a of justice that such should be noss of the river at this point has launch again. IniChat wasnlso to done. There was a specific rulo also to be considered, and this, be re-examined. Kwok Tuk could in bankruptcy-at-home which perhaps, forms one of the most not be found, gave power to the Court to admit, I serions drawbacks to Wampoa's It it appeared to the Court that development.

THE MOST POPULAR HYMN.

The Director and General Manager of the Toyo Kison Kai shin, Mr. M. Shirashi, and the San Francisco agent of the line, Mr. B. A. Harnott, havo arrived in Singaporo.

TRADE

divifunds, &3.

Tho TRANSFER'BOOKS of the Company will be CLOSED from 16th

inclusivo. April to the 20th April, both days

Ry Order of the Board,

C. MONTAQUE EDE, Becretary. Hongkong, 22nd March, 1911. [9SG.!

MARK

THE

BERNESE ALPS MILK STALDON EMMENTHEL, SWITZERLAND.

great injustice would be done if i Recognising these difficulties, the documents weigexcluded, the however, to the full we yet do not p Court had the power of admitting seo any reason why the Viceroy's them. Melchiors and Co. admitted desiros should not be fulfilled. A New York Methodist Epis the paymont, The only fact that Tho question of the subsidiary copal church which has taken n was desired to ho established by coinage wo have always with us; poll of its congregation in order menus of this inen was that ho we must welcome any suggested to determine the ten best hymns, knew he was insolvent at the tine development which would be im- aunounces that the following were 981) the paymont was made. !possiblo were itant, settled. the most popetar:

Mr. Sindo contended that there la the same way, the proper "Nearer, My God, to Thee," was no reason why the affidavit polieing of the region, the "Abide with Mo," "Josua, Lover should be admitted. The point bringing of it under control, of My Soul," "I Love to Tell tho very seriously affected the com- would be as valuable to general Story," "Toad, Kindly Light," mercial life of this Colony. It commerco as Whampoa'sontrance "Rescue the Perishing," "Rack was a case of a Chinoso firm, which into the ranks of the principal of Ages," "Onward," Christian Jnd been in the habit of trading ports, while the drodging of the Soldiors," "What a Friend Wo with some European firms, be river, even if the port never proved Have in Jesus." coming insolvent and for some reason or athor the debts due to prosent, would confor a benefit on tonth place: "Love Divine. All the European traders were paid trade. Wo thereforo hope that Love Excalling," "Just as I Am," to the exclusion of the Chinese despite the difficulties in his way, "Faith of Our Fathers, Living creditors. The managing partner His Excellency the Vicaroy will Still" and "In the Cross of Christ mudo theso payments, and sub- be able to carry out his project of I Glory." sequently disappeared to Canton making our small neighbouring

"No. Io" SCOTCH

CO

WHISKY. BOTTLED AT DUNDEE, SCOTLAND. ·

Agents: F. BLACKHEAD & CO., HONGKONG & CHINA.

MLLE. GAUTHIER,

THEATRE ROYAL.

SATURDAY, 25th, at 9 p.m.

more conspicuous than it is at Four others were tied for the CONCERT BY THIS GREAT

prior to his public examination port as valuable as possiblo. A The Soldiers' and Sailors' Help which was the onlyopportunity the little optimism will go a long Society concert will tako placo Official Roceiver had to extract' way towards achieving the desired to-morrow night at the R. E. Adanicious as to preferenco pay- ̧

Theatre. result,

SINGER

FRESH FROM HER TRIUMPHE AT

Covent Garden, Berlin, Parls, The Hague.

FULL ORCHESTRA,

́Plan at the ROBINSON PIANO CO., LTD. [980)

All broken, chifed, and damaged

where they will be examined or the [200 inst. at 11 AM.

No Fire Insurance has been effected. Bill of Lading will be asuntorsigned

GIBB, LIVINGSTON & CO.

Agonts. Hongkong, 22nd Mar., 1911. [983

Katimations

SOURED MILK.

We are making a speciality of Ariftotally Squred Milk this summor. Try it.

Professor Metelinkoff, in a book on the Prolongation of Life, strongly advocates the uso of Boured Milk as a nurs curo for Indigestion, Dyapopsia and morbid conditions of the digestiva organ.

The Dairy Farm Co., Limited.

PPULAR

"ASAHI" BEER

PRICES

..S:ano ptr cass

4 Dox. Qaarta 8_D_ Pinter

Hongkong, 15:5 Dihdibeg egna. E

BEER

ORIENTAL BREWERY LIMITED

HONGKONG.

CAPSTAN MIXTURE

MEDIUM

CAPSTAN

In 1/4 lb.

&

FULL

Air Tight

MIXTURL

Tins.

W. D. & H. O. WILLS.

NOTICE

H. PRICE & CO., LTD.

In pursuance of Bastion 6 of the Company's Articles of Association, the Directors have decided to issue 3,000 an-allotted shares, (eing the balance of 15,000 Shares authorised to be issued under the Company's Articles of As Bociation).

The 3,000 un-allotted shares will be issued at 20% pro nium, (i.o. $12 per sara firefly pi {up $10. Share),

Sharchal lers whore names appear on the Company's Registo', ara astitled to one new Share for every Four Shares registered in their names on the 11th Day of April, 1911,

.

Applications for the Now Isana should be sent to the Secretary of the Company on or before the 11th April, 1911, together with cheque in payment thereal, as after that date the Directors will proceed to dispose of all new shares not applied for without further notice, on such terms and conditions as they may

tüink fit.

The now issue will be entitled to participate in the profite of

as from the 1st day of January, 1911.

The Transfor Book of the Company will be closed from the 11th to the 15th April, 1911.

By Order,

Hongkong, 20th March, 1041.

A. CHARLTON, SECRETARY

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