1911-08-18 — Page 5

TOERANGIE RUBBER'

COMPANY.

Extraordinary Meeting, An extraordinary meeting of the shareholders of the Toenge

THE HONGKONG TELEGRAPH FRIDAY AUGUST 18 1911

It is

e.

4. Capital to the extent of tors themselves to carry it up £10,000 ni least to be subcribed without the authority of the as working capital by means of shareholders in general, the issue of shures to that amount therefore necessary that such atd. in the new compatty”

thority be given at this nice 5. No bonds sliares to boing in accordance with the issue, or other advantages not terms of the resolution of which | possessed by the ordinary shureyim have recived notice, and Rubber Company, Ltd., was held holders to be given to the promo- which will be formally put to you, last evening at the officos of the|ters of the sclisme, Company in the St. George's 6. The expensesattendant upon Buildings, Chator Road, for the the Hoitation in Londoni of the purpose of considering and pass new company not to exceed the Lug, if though it, the following re- sum of 1300 or thereabouts.

Bolution :-

· authorised “lo enter into, an ogree- -

The promotors of the scheme have suggested taking, and of

#

..

If, before it is pul, any share- alder desires further inform tion. I shall be plansed to an- weany questions to the best of my ability.

As the objectif convening this meeting was not so much for the

Such a resolution as this, which

f.

the option holders in respect of their option shares in this com- pany he issued for enshi,

That the new company shall to under responsible manage

meut

That before definitely binding

That the promotion expousos

aro not to exered £2,000. Mr. Romse seconded.

JIMAH AFFAIRS.

Judge's Strong Comments. Judgmont was delivgrød by Mr. Justice Fisher in the. Supreme Court last Thursday afternoon in

MILK

FIVE-CENTS A PINT.

PURE, FRESH, SEPARATED, "NATURAL, REMOVED: THE CREAM ONLY."

T

*

ADDED: NOTHING.

If you must use Soparated Milk why not have it

FRESH?...

For salu by

THE DAIRY FARM Co., Ld.

the action brought by the Final this company to a solo of its Rubber Co., Ltd., to recover front the Hongkong and Shanghai Bank undertaking and Husols the

an amount of $7,500 paid in by directors obtain the sanction of cheque by J. H. Wills and which it is alleged was part of the money the shareholders to such sale,

atsappropriated by the late secro- sary A. A. Gun. The judgment was given at consider ble length and took over an hour and a

Mr: Justice Fislfër found that the lines through the word "bear- "were not on the cheque whet it was handed in to the bank, but were put in subsequently. He did not sce any ub. rious reason why Wills should it but with Gunn the caso Led defalcations to the amount of was different. Gunn hud admit-

cheque of $7,500 for, which the $20,000 and they included this The Hon. Mr. Ede:-Thevare plaintiffs had given Wills credit, Qum sermod to have stayed some always ready to agree, are un-After-admitting his defaleations tiers if it is a hair deal.

The anodment was put to the weeks in Singapore and a he eating and carried, the directors gathered from Mr. Down's evid-

once there were negotiations he having withdrawn the original woon his relatives and the com- (Taking Cargo Bills of

motion.

Defendant's Evidence.

Before Mr. F. X. Hazeland

a

pany as the result of which $2,000 Id been already' paid back on his

That the directors o horolours paying for, shares in the purpose of getting a resolution The Hon. Mr. Edo throw out quarter to rond.. ment for the sale of the business now company to the value of pathorising your Directors the suggestion that they should and undertaking of company to a from 20 to £30,000, but walenter into a binding agreement,

consider that they should be pre-for that of obtaining your viowe try and see that two directors ont now company to be formed in England upon the terms that the pared to take up at least from 35 as to the proposed scheme; and of the five on the board should be

to £40,000 in cash\as working] baying regard to the fact that, in reprosentatives of the company.

·slaïcholders of this company shall receive in consideration capital. This however, would order to carry out the selome,

Mr. Looker thought that was therefor one fully paid up, share gessitate the capital of the now further nicotings" will have to be of 1 in such new company for company being fixed at rather held for the purpose of winding very good suggestion. He would cach sliare in this company in over 100,000, which is the up this company praparatory to not include that in his amend respect of which the sum of $78. amount of the nominul rupital of the transfer of its business to the ment, but leave it as a direction to the negotiators. There ought to 81. his best paid, find upon such this company, for the shares popose now-company, it may other terms as the directors shall already issued, together with the uit you better to pass i resolution be someone to look after the think proper.

option shares, amount altogether mordy authorising your Directors Lengkong end, Thuso present wore Messrs, tó 64,600, leaving only 31,100 an4io onter into negotiations for the A. Denison presiding; H. Pincks present capable of being issued, sale of the property and under- funking of this conjey to a new noy, Hon. M. Montigus Ele, D. The promotion af new C. Forsyth, H. W. Looker, A. 1. [company, in femdon almony, upon the terms set ou porn the circular dated the 14th Stein, I. Hancork, W. Wilkinson, invariably posts, some U A. B. Reuse, G. F. II. Boivis and rent for, underwriting, uid the instant, which you have all re . J.-M. A. M. Willings (for the promoters themselves require reived.

necroturies Mossrs. Lowe, Bings la certata number of option shares. l aid Matthews).

la this instance we understand will be only an ordinary resolu- THE "CHICKEN CASE. behalf and there appoured to be After Mr. Williams lu rond that the total cost of forming the tion, is not really necessary, to

some sort of arrangement for Turther ropayments which might the notices convening the meet new company and carrying tremulles Your Directors to enter

or might not be carried out. ing, the Chairman mid:

the scheme, will amount only to into such negotiations, but it will

During the negotiations no steps Gentlemen,As is cloudy in £1,000 or theroabouts, for the satisfy the promoters of the

were Lakon 10. prosecuto, Gunn dicated by the form of resolution prometers, being about to become! scheme in London that it, is'ap- sot out in the notice convening this ordinary shareholders themselves, proved of by the general bly of the Magistringy this afternoon, and when his Lordship asked meeting, homoeting luns ben call are desirous of 'keeping down shareholders, which is practically the adjourned hoaring was con- Mr., Down he said the reason! ed for the purpose of placing before expenses as inch ng possibile, all that is required at the present tinued in the case in which E. for the non-prosecution-was-bo-

cause in the interests of the share you a proposition which has been and they will not roguire option ticnlent.

Braun, a sigar-boiler in the em received by your directors that the shares, inasmuch as they will Hi is obvious from the noti ploy of Jandino's Refinery, was holders the directors felt it their business and undertaking of this probably take up all the shares onvening this meeting that the urged at the instaurd of AJ. duty to recover as mitch as they company shall be transferred to a available.

general nature of the special Waller, Chief Engineer on board could of the $20,000. If the I might mention that those who business for which it is called, is the ss. Charles Hardouin, and plaintifa refrained from prosecut- new company to lie incorporand In Indon. The pritise terms have mule the proposition to us the consideration of a proposed to Mes, Walter with alleged assaulting herause they wanted to get upon which the syndicate, by are connected with the United if the business of the company our Quarry Bay on the 12th bark the money and did not take proper steps to sorve the writ whom the proposition has beau Langkat Plantations Company in certain terms, and therefore faly last.

which was issued, but allowed mailo, are prepared, to carry out which, as you all doubtless know, at the notice is amply sullicicit Mr. J. H. Qurdiner appeared the scheme are not yet known to is one of the most powerful-coin-tremble a clution-to-be-puss for the complainants and M-M. Cuan 10x it seemed to him there us, and it has therefore been pracpanies in Sumatra. With the editor in the form originally tender Harris, of Messrs. Wilkin was only one inference-that there tically imposside to frame rakuslodge they must possess of suggested, or in another form., and Christ, appeared for the was some reasonable prospect of

their getting some at least of their | solution, or set of res. Jutions, quas our property, and with their back- The Chairman then formally defence. bodying terms tam, which yorting, I shall have, personally, no proposed, the restibulon, Mr.j

The defendant's cross examinaoney from spoone else. And -night be asked to authorise your fears for the future of nur under. Wilkinson secoäding,

tion was continued by Mr. tint was why he suggested during directors forarty cut the proposúd, | raking

Mr. Lanker sad ho had an Gardiner who was appearing for und hat an apparent reason

the hearing of the case that! but your directors trust that you Tho ndvantages to us of accepi- men ment tu propuse which he the plaintiff and in reply to ques havo such suficient confidence in ing the prop kalapper fome to be would road directly. He was a tion said that the plaintif had for committing that forgery them, and in their desire and in-abyious, ur one time past we title puzzled, when he get the two hen coups while Mr. Gil and give the plaintiff's a tention to fully protect your in-have been strongly of opinion rentar referred to, to come to mind Mr. Manning had one evelt, shance of recovering the $7,500 terests, that you will pass the re-that it would be lehetrial to the conclusion as to what the respin-

Were the hen coops in front from the bank. He did not sug- gest that the directors were cog- solution as it stanjis.

interest of the company more

ion, really was. According to your house?-They were

Fuisant of it or that there was any I am ablo, Jowever, to say that capital than is at prosent at our notice the meeting was called almost in front of my door. reason why they should suspect

for I have good reason to believe that disposal were available,

They were both opposite your. But if Gunn had representad for one object, and according to the following are the in terms ] the purpose of angularly the circular for quother. Therefonse?-Yos.

to the whion his defalcations of the proposition:

heining the planting of to

was in doubt that there would be ]'; The road opposite your 1. The 8,700 Tully paid up face, and, generally, of the more shares to be replaced by similar speedy development of the exteny advantages in putting the terrace is about 14 feet 6ins shares in the new company. “

11, might of course have been on the London market, wide?Something like that

I provided, of bourse proper side- A And the coop that you an in- pards of their interesis were set was about fifteen feet away ured, but he thought they must from the path, on the grass?- to satisfied theựt they could rely No

L

coup

One penny a pint!

HONGKONG GYMRMANA

CLUB.

THE FOURTH GYMKIJANA MEETING of the above Club is POSTPONED SATURDAY, the 26th instant, at 8,50 P.3.

REGINALD F. & MASTER,

ilon. Sec., and Treasurer. Fongkong, 18th Aug., 1911 [1828)

FOR SINGAPORE, FESANG AND CALCUTTA.

Lailing to Rangon, Madins, and Mauritius.) Steinship

**ARRATOUN APGAI," Captain G. F. Hinison, will be desc patched for the above porta on MUNG DAY, the 2141 instant, at 3.

Per Freight or Passage, apply to

DAVID SASSOON & CO., LD. Agents.

[1318

Hongking, 18th Ang., 1911.

L

POPULAR

ASAHI" BEER

Note our Price $12.00 per caso con-

taining 4 dozen quarts or 6 dozen, piots.

THE NEW

SHOW

CAUSEWAY BAY..

GIGANTIC SUCCESS!

EVERY EVENING UNTIL FURTHER NOTICE.

N. BOROWSKY, Equestrian Director.

FIRST MATINEE-SATURDAY ay 4,30 13 Children Half-price to, all Parts, Booking Office Now Open at ROBINSON PLANO CO

THE SHOW OF SUCCESS

FRANK FILLIS..

LOUNTED VICTORIĄ SKATING RINK, Opgesite Contoid Market,

THE RAGE.

THE FASHION.. Banninoa-ly admitted by PRESS AND. TO BE THE "BEST, BRIGHTEST EUROPEAN CIRCUS EVER SEEN IN, DONGKONG,

PUBLIC

INSTANTANEOUS SUCCESS FRANK E. FILLIS FAMOUS. IMPERSONATION Ü

DICK TURPĪN'S RIDE TO YORK AND THE DEATH

1 OF BLACK BESS, BLACK BESS the Arab blond mare is the theme of admiration the world

PART THE RENDEZVOUS AT KILBURN, - PART 11-THE RIDE TO YORK, PART-III-THE DEATH OF BONNIE BLACK DESŠ.

DICK TURBIN

:

Vill be pro laud, TO-NIGHT AUGUST 18,- 1911,.

On a grader and better scalo than ever. New and apptoprints dressos and

presenting a cat of over 60 l'erformers.

an brder choque and that the came to light that the cheque was INSTANTANEOUS SUCCESS! bank in crediting it to its privato account had inado a mistako The 53,000 shares on which possible for us to raise the capital

which rendered them liable to 178. 6d. will have been paid up by the issue of more shares, but,

make the amount good to the in September to be replaced by having regard to ilie, pretest state

company, hi indebtedness would we. The press and public in Suth Africa, lave for over 3 years, entlogixed the same number of shares in the of affairs in the Colony, wo shonld, in the people in London to look How far was it?-Thie new company but be folly paid think, havo founditexree:Engly} after their interests, and to see that was about four feet from the have a very good chance of being Prank Fillis“ prodnation of DICK TURPIN; and the 'present· BLACK up shares of £1 cash, where's difficult-to-get-new-shares-takershares were not unduly watered path,

foluced by $7,500. Hi Lord BESS is absolutely the ace of perfection. In her dying scene she actually the present goholders will be up. Therefore it sectis to me tar that promotion expenses should If you had loff the rickshawship commented very strongly on ass for breath and dies like hain act or on the stage. The thousands

layo mitnessed this play have actually believed that Bonnio Black Bass bad relieved froin all further fihility, by ageeing to the purposal, not be too great. When they where it was, there would the evidence given by J. H. Wills breathed her last the realisation is so perfect.

and added am afraid Lmust 3. The interests of the holders anly do we not deprive the prese riginally took staros in the cou have boon plenty of room for pe characterise it as wilfully un- of the 8,000 option shares will hin skäreholders of any actual benefit

true. His Lordship thought the preserved, prolmbly as regards which they possess entitling them they bad only in mind the ple to pass?---Yes.

possibilities of rubber, but sinée) Thon why do you suppose ilmt some of them by giving a similar take up new share but when they had gone in for tobago, Mrs. Walter and Master Dixon bank were justified in not think-

ing there was anything wrong. option in respect of the same firety. "surmount the difficŭlig. policy which needed a very came down?-To try and kill me with the cheque, there seemed no number of shares in the new which we should have experienced big angual outlay. The present I suppose. company, but with an extended in so endeavouring to raise capital was not suthcient to pro-

Mr. HazelandYou think that possible reason why they should, period. But, as regards others of the extra capitul required

wie nothing to put the bank on these option shores, it must be for thoroughly developing the vile for the planting of new fields they intended to kill you?-Well and it followed that as theroenery,

for tobacco next your, and it was they came down with a stick, -borne in mind that they rëpresint | property. T

enquiry, and therefore no neg- ligence, the plaintiffs' action must unfortunate Gunn was guilty of fail. le felt bound to say, if the misappropriation, he was cer tainly given every possible chance thaie. to commit it. It was clear from the evidence that either Mr. Down, or Mr. Hilckes took the slightest trouble to check Gunn's Recounts and it was quite clear pro-foom Mr. Hilckes' evidence that!

the certificate of the half rearly bank balance statement was left to Guon as a mattor of course. Judgment was entered for the Hongkong and Shanghai Bank with costs.

htful if they could get more Mr. Gardiner-After you were the remuneration of some of! ·la adlition to this, if the the original principal prouoters scheme is cried out, tho share Hougkong. He thought they struck you say that you becaine Buch faith in the prospects benefit of 2s, 6.a sharo and it will times for disposing the company of this company, who had holders will obtain an immediate would be well advised to authorise senseless, were you senseless bo

to directors to entor,into negotia- |-·fore ?—No!

How long did you cousin of the company that certain of iwe madily understand that great to a London firm. Doaling with senseless?-1t might have been them consented to act, as visiting advantages can be required"enshaw shares he thought two seconds or it might have agents for several years without by obtaining a quotation that the amount of these should been a minute. the ordinary remuneration, but the London Stock Exchange. I be not more than 25 per cent, simply upon receiving an option London-thefe is a anore or less

},

"

Did you regain the whole of

The cross-examination was

MENT.

on a number of shares. It is steady market. Here there is Mr. Loker then read his your couses?--Yes, moreover due to those gentlemen frequently no market at all. The mendment, but subsequently that the proposal now being con-majority of us, it is true, hold our modified, it till it stood in the ceeding as we went to press.

following form~~ sidered by us was put forward, sharos in this company as ań Should the schemo be approved of investment, and not for the pur- That the directors be puthorised by you, and carried out, we shall rose of speculation, but none of to enter into negotiations for the A JOURNALIST'S RETIRE- have to thank them for the benefits know whether or not a time, «le.of the undertaking and assets accruing to us thereby, and for will come when it may be con-of the company to a London most of what has been already sidered advisable or necessary company on such lines us will on dose in the development of our that our shares should be disposed sure: property. Under these ciresin- of. stances your directors feel that it Tho Sumatra shareholders have. would be but fair to make it one unanimously agreed to accept the of the terms of the agrequon you proposal, and it only remains for are asked to authorise them to us to decide whether we also shall enter into, that, of these option neeept it, or whether we shall keep shures_a_certain number may the property in our own hands, he issued to the gentlemen in which latter event it will be in question without payment; necessary for us to proceed very I have no doubt hat, as a consi-rautiously and slowly, having re-s. doration for thus, they will con-gard to the difficulty I have mon- sont to continue to look after the tioned that we should find in interests of the company for some raising more capital hero. timo to come. Their own por- Under the Momorandum of As- Boual interests will more tlion over moviation of our company power prompt them to render the com- is given to curry out the proposed pany every assistance in their schems, but no express rower in power,

| given in the ártiutes to the direa-!

Counsel for the Jimah Co. Mr. M J. Upcott, counsel for the Bank, Mr. G. S. Carver,

That the shareholders in this Mr. W, Jeans, the Father" company receive a fully paid of the Press Gallery and the el simre for each share obby of the House of Commons, 17s. 6d. paid in this company.hus retired from hisoflicial duties, That no shares are issued by and at the annual dinner of the the new ermpany ox eps frallory, ho was presented with a cast" savo as hereafter author handsome gift, as a token of the Rink, 9.15 p..

Asteem in which he is hold by his

jail.

DON'T FORGET. Friday, August 18. -. New Hippodrome Cirons, Fillis Cirous, Victoria Skating

-Saturday, August 10th. Criminal Sessions.

That the Uirectors mako, such late colleagues. Mr., Jonns hias arrangements for tho, inking been in the Gallery for 12 years,Half-yearly meeting of the over by the new company of and during that time be ins Hongkong and Shanghat Banking We option shares in the present written for a number of papers, Corporation, City Hall, noon.

Monday, August 21. Company as they may think are He was for over 40 your con-

Half-yearly mooling of the to the interests of this Cumiputy nosted with the "Danded Ad- and of the new company but vortiser," and one of his many Hongkong and Whampoa Dock that 75 per cent. of any sharos coups was to announce Mr. Glád- Compony, Queen's. Buildings, of the now compony issued (qjstope's conversion to Liems Rule, 121911.

Turnpike gates, 6 fest high.

Who mistov, DICK TURTIN, Lsses the front of life time. NEW AND BRILLIANT ACTS.

In the 1st part of the Programue everything is novel and autertaining,

* POPULAR PRICES PREVAIL Soldiers' nel Sales of H., Service fall price toll parts, Gallery oxcepted." Booking and Plan Openolat ROBINSON PIANO Co., from ting to kng

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