1912-01-13 — Page 3

SHORT, SERMON.

And the Lord shall guide thee continuallyJssful, “Iviii, 11,

THE HONGKONG TELEGRAPH SATURDAY JANUARY 13 1012

DIRECTORS AND THEIR

LIABILITIES, DUTIES

AND POWERS.

|

Some interesting diets with re

gard to director's liabilities are to be found in the case of In re

Motels,

Intimations

Porest of Dean Mining Co. 10 Ch. HONG KONG HOTEL. THE GENERAL ELECTRIC

450, in which Jossel MR, (whose decisions have ever been regarded with the utmost respect) said "one must be very careful. "in administering the law of Joint Stock Companies not to press so hardly on hohoat direc Lora un to make thom liable for these constructive defaults, tho

12

FIRST DES AND UP-TO-DAİN.

J. H. TAGGART,.

Hongkong, 2016 April, 1911.

Telephone 618:

CO OF CHINA, LTD. Telegrame Manager. [25

Sparkles's GRAND HOTEL,

Telephone 197.

only effect of which would be to MANAGEMENT & OLISINE UNDER EUROPEAN MANAGEMENT

dotor all men of any property, and perhaps all men who have 2). any cliaracter to lose, from becoming directors of com- papies at all. On theone hand. I Thinle tho Court should do its "utmost to bring fraudulent directors to account, and, on the

The migratory season for birds (Continued from last Saturday.) and wild fowl nears ite ond. In Referring to the caso cited of quest of kindlier winter climate, Lare British Seamless Paper Bug innumerable winged creatures Co, it would soom that, upon the have already flown south, and each authority of that case, and of the day one is apt to seo groups on earlier one of In re Ambrose Lake the way to more balny regions. Co. 14 Oh. D: 890 where the It is not likely that such flights whole of the shares in a Company suggest much of anything to the are allotted to a few persons, average observer.

sufliciout in number to form the If they stir up any particular Company, all of whom are fully thought, probably it is one of mov-aware of every miterial fact reint ing, of change or of the curious ing to the formation of tho Com- and remarkable instinct lint pany, subsequent purchasers of causes our free neighbours to so shares from the allotless thereof care for their safety and upfort. liave no ground of complaint as tò The average observor obfervos the non-disclosure of any of those little and thinks less,

Lab, except against the vendors For in the flight southward of of the shares thy purchased. one lone winged thing, a true In the case last cited a new Com- poot of America behold the heart pany was formed for the purpo e

From this, it will be seen that and so colours for a great of acquiring the property and as the Court will not readily find a pooin-und of the greatest in our sets of an old Company. The pur director liable either for a mis- langage. And because it is achare price of such property and as fonsanto, or to acctiunt, if it is finer sermon than is often sets was stated, in the agreement evident that he acted honestly, and Company, only omitted, through inadvert pronebod in any pulpit, it is adopted by the new. here reprinted in the hoposta sum infinitely above the value once, or want of knowledge of the that it may not only comfort thereof; and all the shares in the law, to make disclosurda, which hie. a few, who feel us if they had new Company were allotted to ht to have made, or where his lost the way, but open the eyes Shareholders in the old Comparty. et or omissions resulted in no of many to God's most general The object of this being, as stat real harm to the Company. way of speaking-through Na-ed by James L., J. "the obtaining

ture.

:

So road and learn-William Callon Bryant's ado "To a Wator- fowl.":

Whither, 'midst falling dew,

While glow the, heavens with the last, stops of day,

"an undue advantage in the stock "market ... as between tho per- “sons who got the shares in the new Company and the persons who wure foolish enough to buy the shares from them in the "ney “Company,

There, was no

Far, through their rosy depths,and on the existing shurehold-

dost thou pursue

Thy solitary way?

Vainly the fowler's eye

Might mark thy distant flight to do the wrong, As, darkly painted on the crimson

shy.

Thy figure floats along. Seok at thou the plashy brink

weedy lake, or "murge" of

river wide,

F. REICHMANN, Proprietor,

ASTOR HOUSE

· (LATE CONNAUGHT HOTEL.) QUEEN'S ROAD, HỌNGKONG.

other head, should also do itsENTRALLY situated, up-to-date Hotel. Recently renovated, and under

best to allow honosi non to act reasonably as directors,"

(Tulis Continued,}

Prepaid Advertisements

$2 for no week,

OARD AND

RESIDENCE..

ers, because they were partics 25 WORDS. $1 for 3 Insertione or to it. There was no fraud on "any fature allottees' of shares, "besuso there could be, under. the' circumstances at the time the arrangement was made and completed, not future allotices "of shinres:" And, as

Brott L. J. said: If anybody who "had shares la the now Company "soll these sharon to anybody "of the quisise public. "on the faith of this agreement

Or where the rocking billows rite" and the representations made in

and sink.

it.. that would give a remedy

On the chafod crean side?" to my person who had been so "deceived against the person "who made these representations to him, that is, against the in- dividual," the vendor of the shares. But there could be no

There is a lower whose care

Teaches thy way, along tht

pathless coast,

1

The desert and illimitable air

Loue wandering, but not

All day tiywings have fanned,

At that far height, the cold thin füosphoro, sloop not, weary, to the wel- gomo land,

Though the dark night is

near.

entirely New Management. Large and Comfortable a. Ercellent Jaising under the supervision of an Experienced FRENO CHEF, and separate Tables, Bol and Cold Baths, Electrice Light throughout. Tema moderate, Fit Clark modation for Families and Tourists,

Under Proust Supervision bi

L GAMEAU,

Proprietor

*

Telephone, 170

N. BLUMENTHAL, Manager

Telgmmas "Astot."

*[24:

OPEN AIR SKATING. RINK

BELLE

VIEW

Telephone No. 907.

BESSIONS 10 A.M; to 12 Noon.

PM to 4 P.M.

HOTEL

Admission.25 cents.

5 P.M. to 8 P.M.

P.M. to 11 P.M.

Admission 50 cents.

String Band will play at the above Hotel every Sunday commedcing from 4 1. 10 10 p.m.

**** HOMEVICLE,” Mattison Hill, HOTEL CRAIGIEBURN.

plendid view of the barbaar, 10 minates from Post Offer by electric ara entrance 158, Wanchai Road.

Teleplung Ng.

PLUNKET'S

W. GALLAGHER, Миларет.

Hangkan, 5th Jantáry, 1912,

F21

ASTOR HOUSE.

Albors, F. GAP. Barrot, T. F.

(62

The Peak,

Auction

271

er the Tram Tenloor.

Tel. 56. For Terms, apply to the

(MANAGER.

Borgerson, A.. Bara, L. E. Carson, D. L. Clark, J.

Colinas, Clarence

Lapisque, P.A. Lotoh, Mrs. A. Logan, C. B. Lugebil, V. Helchers, 1. Miller, J. B.

Muller, Mr.

HOTEL LISTS.

Cortez, A.

Dyer, J. M.

LONGKONG ROTEL.

PUBLIC AUCTION.

right of action against the Com The Unterigid will by, Publis pany or its directors,

See also the case of Solomon Solomon & Co. (1807) A. C.,29,

Auction,

WEDNESDAY,

HUGHES & HOUGH,

Government Auctioneers.

Adams, Mrs. A. Martiott, Dr., 0.

D.

Margeson, J. J Armstrong, Me & Marelia!', Mr. and

Mr. J.

Mrs. J. T. Haldwin, Mr and Maxwell, R. B.

Mr. A. M.

and Lagunas Nitrate Company the 17th Jquery, 1912, at 8. P., (1880) 2-Ch. 392,

on the pot,

Pasler, C. A case which may be usefully The Several Lots Numbered 1 10 19 Dates, E. R referred to in this connection is Plan to be scon at te Auctions to Decker, C. the recent one of In're Darby Offics, for action of

Becker, G. (1911) 1. K. B. 95 whore & cor BOOTHS And MATSHEDS, . . D. poration was formed by two per-te Government Ground dining the And soon that tail shall end;

sons who, with five underlings, Race Curie, North file Grard

and Stond Encloure. Soon shalt thou find a sum-signed the Memoranduin

Terms.:-Carb. Articles of Association and re-i mer homé, and rest, And scream among thy fellows;gistered the corporation as a For Pao and Conditions of Sale,

apply to Company. They acquired, for a. reeds shall bond,

Soon, o'er thy sheltored inall consideration, a lease of a worthless slato quarry, and then formed another.Company of them- Hongkong, 8th Jan, 1913. ...

alvos, to which other Company they, as the original corporation, purported to sell the interests in the slate quarry for a large sum, payable partly in cash, partly in shares, and partly in debentures; the rondors (the corporation), un- dertaking to transfer to debanture holors one of such shares for ivory £10 debentures taken up. No NOTICE TO CONSIGNEES. prospectus-was issued inviting

Deat.

Thon'rt gono, the abyss of

honven

Hath swallowed up thy

form: yet, on my heart Deeply hath sunk the lesson

thou hast given,

And shall not soon depart.

He who, from zone to zone,

Guides through the bound

less sky thy certain

flight,

In the long way that I must

troad-alono

Will lead my stops aright.

NORDDEUTSCHER LLOYD, BREMEN.

IMPERIAL GERMAN MAIL Fearon, A. I,

LINE.

"GOEBEN,"

B. A.

W. Mickle, D. M. Mirrioca, J. R.

Morriss, Mrs. K

đa

Museo, di Oriulb

V. P.

&

-Nardin, Mr. and Mrs. E. W, Nelson, P. B. Older

Fanèhem, P Goldenberg, Mir, Mre. F.-L. Grande, A. Grunberg, H. ME Guyan, H, Hansen, J. W. A. |Holm, P, 0.

Jessen, Mr. & Mr.

Ribault, L. Busengranta, H.

J. Rosenthal J, Sampson, J.

16, Dee Vaux Rd. Hongkong.

HEAD OFFICE: 7 JINKBE ROAD, SHANGHAP `DIRECT AGENTS OF THE MANUFACTURERS

OF ALL KINDS OF

ELECTRICAL MACHINERY, APPARATUS; FITTING ACCESSORIES, TELEPHONES, Wiras and Cables, &o, &c.

50]

RETAIL SUB-AGENTS—

WM. C. JACK & CO., LTD.,

41, Dea Vœux Road, Hongkong,

SOUTH MANCHURIA

RAILWAY

|SHORTEST & QUICKEST ROUTE

BETWEEN

THE FAR EAST & EUROPE. is DAIREN:

WINTER SCHEDULE.

(Effective from October 28, 1911.J

THRICE WEEKLY. EXPRESS TRAIN SERVICE, .composed of eroallantly equipped Sleeping, Dining and 1st Class Care, is operated betwin Defron and Changchan in connection with the Trans-Siberian Express Trala and with Dairen-Shabghal Direct Steamer Service by the 8.8. "Kobe Mara".

■nd “Baikio Maru!! (esch-2,877 tone and equipped with wireless telegraph}"is Follow

NORTH BOUND,

Than Bun.

Bal. Tues Bun. Wed. FAL

Meinen, Mr. & Mr Mrs. J. T., Mollugh, Mr. Mokoan, Dr. G.

irt Claes

Fares

E..V. Johns, V. C..

$40.00

Sommer, IL. 0.

$14.95

Shanghal (Steamer) ...... Liv. Dairen

...A. (8.M. R. Trals)... L.

Mukdea

8.00 x.m, 8.50 p.

Thornton, Goo..

Y11.50

1

J... Liv.

4.05

Walker, W. W.

Changchun

-)... Ar. — 10.30

Kistler, II. K ̈ ̈ ́?

Wong Chek-gang Woods, J.

03.09

Harbin

(Russian Train)... L. J... Ar

11.50 *8,10.m..

#7

Mon. Than. Bat.

State Wa Late

**

Connecting si Harbin with -

Mitchelmore, E... Joseph, J. Moons, Mrs. K. C. Joseph, L Northcombo,

Capt. & Mrs. F. D.

Keegan, J. J.

Ossorio, Mr. and Kabel, E. 8.

Min. J. & ill Page, H. W.

Pearse, Dr. and

Mra, W. Pearson, Mr. and

Mra.

GRAND HOTEL.

Aitkin, A. B. Arnold, W. Brett, Mr. & Mrs. C. 1, . Bates, F. L. Bellinger, 8.

Horbacz, J. logram, J. F. James, D. Johnston, Capt

12

"

#

gon

Ex-

E1. press Litafor presi

fot Mos-Lor. Bi.. Moscow cow.Fat'g'

+

SOUTH BOUND,

Connecting at Harbin with pre

B. A. Kort, Dr. F. Brener

Kinghorn, Mr. and

Mrs. J. It. Braten, F. Cope, Mr. & Mrs. Len'outy, F. P.

R.

Manhoff, O. N. Crew, Mr. & Mrs. Myall, A. F.

AB

Nathan, A. B Danter, E 0. Nish, W. Molonos Evan", Mr. & Mrs. Rigage, Dr.

G. B

Ridger, Å. L. Fowler, D.-8.

Berimshaw, H. C. Gardner, Mr. and Biettengren, AZ

Mrs. J. and 2. Tap, 0. children Ganzer Harris, Mr. Mr. G.

State State Wagon

Ex prese from From

Pet'g. Moscow com

from

Mo

R 9.00

X11,00

Y14.95

Mukdenf

Dairen

)...As. (B.M.R. Train)...LT. ...Ar.

[Warbin(Rusalan'ï'rab)........v.j *12.00 a.m. Changchno (

Mon Wed FHI

* 8.40 p.m.

10.00

5.00a.m.

..

19

Tues. Than

· Lv.

- L...Az.

Steamer ... LT.|

5.16 1.20 p.m. Noon

11.

11

Wod

Sub

Y40.00

Shanghai

}...Arj

Fr

+

Kernia, J. Bingham, F. H. Brown,.8. M. Bomann, F. Chiivars, P. T Canwill, J. J. Cundall, 1. B. Davies, Hon. W.

Rees, K.d. [86 Clarke, W. E.

| D'Oettingen, V.

Tree, W. O.

am, E. J. W. Ehrenfels, Mr. and Pocoh, W. H.

Mrs. H. O.. Peter; Mrs. J. O. Piaber, H G.

Box, E. H. Raymond, E. M. Forrester, J. Reay, Miss F. Porthmann, Mrs. J. Ronald, Mr. and

H., Jr. & child. Mrs. A. E. Fuller, Denma Rose, C. H. Garrow, H. Schlofper, E. E the public to subscribe for shares, THE Steamship

Glas, Mr. and Mri, Scott; B.. G. AN but prospectuses wore, issuedĮ

A. B.

Spott, Miss D. inviting the public to take up,

Boglbourn, V. Scifort, G. debentures; iur answer to which having arrived, Consignees of cargo ere Copid, Mr. & Mrs. Shelton-Hooper,

1 Mr. A. Joseph strangers were foolish enough to hereby informed that their Goods, with subscribe over £14,000. By this the exception of Opium, Treasure and Grimshaw, R. J. Sibley, J. 0. means the two promoters, who Valuables, are being landed and stored Hale, Mr. & Mrs. Skene, Miss Smith, E. E Of late the Middle Temple has wore directors of the vendor at their risk into the bazardous and/or

extra bazardous Godowas of the Hall, Capt. T. P.olomon, A. H been somewhat prominent from corporation, though not of the Hougkong and Kowloon Wharf an Hall, Genert W. Spalding, Dr. and its attitude to the City authorities, purchasing company, fraudulently Godown Company, Limited, Kowloon, P.

Mrs. A. D. and This attitude a correspondent in obtained a considerable profit for and West Point Godowns, whence Hannibal, Mr. and the "Law Times" describes as "n themselves. It was hold that they delivery may be obtained.

Mr. W. A.

Spittles, J. Birt of dog in the manger policy." | could not retain it, notwithstand- Optional Cargo will be forwarded on | Hurdson, A,

Spurge, II, 8. The correspondent says that ing the argument which was unless intimation is receirod from the Hedin, 0. Square, Miss. W. difficulties are placed in the way raised that they had disclosed such Consignees-before Noon TO-DAY, lleon, Mia V. ·Stainer, Lt. and of legitimate research, for literary profit to all the shareholders of the questing it to be landed here. Hewett, Hon. Mr. Mr. C. E... purposes, permission to photo-Company'nt the time, who consist No claims will be admitted after the [.... and Mrs. E..A. Sutherland, P. D.

Thomas, H; P: graph, for example, being given ed only of themselves and a few Goods have left the Godoras, and all Hongh, Dr. 8.

Tolman, Mia, T. only for grudgingly short periods underlings, no shares having been goods remaining undelivered after the upcden, H.

11 of January, will be subject to rent. Hurtado, Mr. and R & child. of a few days. It is evident, too, transferred to the debenture All broken, chafed, and damaged Mrs. E. L. Turroy, Mrs, and that the porters have boon in holders. There appears to have Goods are to be left in the Godowns, lopes. Capt. Tr MIRA structed to carry out their duties been some doubt in the mind of where they will be examined on the Jones, Dr. U. L. Uyanura, K.. in the most uncompromising of the learned Judgo who decided |'18th of January, at 9.80 sm. Joseph, E. M. Vollbrecht, Mi, & spirit. I have seen aliveried the case whether these two persons All claims must reach us before the Joseph, M; A. ME porter roughly shut up the would not have been entitled to 20th of January, 1912, or they will not Joseph, R. M.. Warito, E. J.___|_Aston, Lient, and Jones, Dr. & Mr. pocket-book of a person who retain the profit so made "had be recognized

Kattwinkel, M 'Watermin, E. JA was simply without permission!" they called a general meeting of

No Fire Insurance will be affected. Klose, Dr. noting down the Tatin motto the shareholders” (that is to say,

Bills of Lading will be countersigned Kosh, Lady R. on one of the sundials. Another of themselves and their under-

the undersigned.

Kaupp, W. B. Willey, Mr. & Mré, Cachs, 8. J. Kretzer, Dr. D. On a

ON grievance in the closing of the linga) " and disclosed the profit / goal gato, during the Long and received authority from the Vacation, which causes goat in-aheroholdora to keep it. . convenisños, Time after timeBut they did not do so, and attention has been called to this therefore they cannot keep “this] Zwithout round

"profit"

This steamer brings on cargos

infant

Taylor, R. Telifson, AK, and Teraso, J.

Young, Miss B.

Basin Train Time le 28 minutes faster than 8.M.R. Time. For instance:

6 p.m. by the former is 6.87 p.m. by the latter. Supplementary Obarges on UAIREN-CHANGCHUN Berrion.

SLEEPING CAR Sorelankas...... 76.00" EXPRES EXTRA F ......IS.

ANTUNG-MUKDEN LINE-Opened for "standard gauge traffic and operating thrice weekly express service between Changchun and Seoul, changing,

at Mukden.......

TICKET AGENCIES-The Company's railway and stammer, ticketa am obtainable at all the Agencies of the International Bleeping Car & Expos Trains Co.; the Nippon Toten Kabba, Buanghai; Mours. Then Cook & Bos and Reisebureau der Hamburg-Amenko Linie,

RAILWAY HOTELS-YATO HOTEL (Tel. Add 1 "Yamato ") Dairen, Port Arthur, Mukden, Fashua and Changchun, all under the Co Fany's managetopat.

SOUTH MANCHURIA RAILWAY COMPANY? DA IREN.

Adams, Mr. & Mrs. Haselfool, Lieut. Ti Adi "Mantaten," Godes:

Codent A.B.C. 5th. Ri, A. T. a Laure

& 9 children.

&

Watson, Mrs, ind Calduc, Mr&Mrs. Kydd, Mr. & Mr.

child

Ex se "Boan” from Rs de Jandro. Lampman, Mr. & White. Mr. & Uma

Halay Operboy

WORDDEUTSCHER LLOYD, Langdón, W.0.0. Wilson,~Bir, shÅ

MELOHERS & CO.

De GesimlˇAgitaz

Legg, G. G Lamalkra, B.

5 Mm G. F. V Worster, DA

Mr.

and Maddensie, A.

Bitchie, Mr. and

Mr Wilson Li

Wood; E. M

od

FUSHUN

COAL

THE BEST TEAMING COAL IN THE BABE

Frah stooks always on hand st Daizen, Nawing and Tientala Pagets alag af Chatoo, Bhanghal, Hongkong, Agaporn and f'ening

MINING DELIKTMENT,

"SOUTH MANCHURIA RAILWAY COMPANY.

ADAIREN

anfem, codes? A. R. G. 5th. Ed; AL & LINNEM,

gent MITSUI BUSSAN KAISHA LTD