1912-02-24 — Page 3

AND POWERS.

THE HONGKONG TELEGRAPH SATURDAY FEBRUARY 24 1912

DIRECTORS AND THEIR insortion, in the prospectus, of Registrar whero no prospectus

LIABILITIES, DUTIES un oxisting fact. A man way, bo is issued (Section 84).

(9) The particulars to be sent negligent, and yet honest; in per- to the Registrar of all mortgages mitting a misstatement to be and churgos of the Company's made, but if he had no reason-property (Section 15). (Continued from last Saturday)able grounds for believing in its The following is a.continuation

of lust wook's article with refer truth, he cannot escape liability under the provisions of Section ence to the issue of a prop 80 of the Ordinace (84. of the Lushoinnt-article-dealt. principally with the law on the Act of 1908).. subject prior to the now Or dinance coming into forco.

(10) The abstract of receipts and payments to be filed by a re- coivor and managor (Section 97).

(11) Tho notice of appoint.

Notices

Notices

HOTEL.

Hotels.

THE TAIWAN KING EDWARD HONGKONG HOTEL

RAILWAY

HOTEL.

TAIPEH,FORMOSA.

ment of a liquidator in a volun-Under the Direct Management of the tary winding up.

(12) The notice to croditors to be given by such liquidator.

(13) The cortified copy of for misrepresentation, or 'non-lis- the Charter, Statute or Memor

An interesting case on the sub- That which apponra bolowject of the liability of directors

dosla with the present law,

which is now the same here, as closure of material facts, in a pro-andlum and Articlos of a Com-

(To be continúed.)

FOR PHOTOGRAPHERS.

וי

A CHANCE FOR EVERY, AMATEUR.

Tainan Railway Dept.

EXCELLENT OUISINE AND GOOD SERVICE RATES 6 YEN AND Ur.

Uniformed hotel porter meaty all

LIMITED..

TIME TABLE.

WREX DAYO.

[182

8.00a.m. to 10.00 a.m. 10.00 .m. to 11.00 a.m. 11.30 x.m/to 12.45 p.m.

10 min.

15 mio.

15 min.

11

12.45 p.ш.tv 1.16 p.m.

13

10 min.

15 min.

10

10 min.

13

15 min.

*

10 min,

1.16 p.m. t. 1.45, p.m. 1.45 p.m. to 2.10 p.m. 2.15 p.m. to 5.00 p.m. 5.00 p.m. to, 8.10 p.m.

NIGHT QARS. 8.45 p.m. and 9 pm, 9:48 p.m. to 11.10 p.in. every 15 minutes. SUNDAYS.

it is in England. The extreme spectus, has recently been short-pany incorporated outside the tmiss and steamers, Luggīgu ar-

gucats. importance of the fullest party roporto (fare Christianrille Colony, but establishing a placo rangal for midiout any trouble to

the

of Imsiness within the Colony,

Hongkong, 1st Feb., 10′12. ticulars being disclosed in prospectus is omphasized, and Rubber Estates, Lul. (1911) W. N. to be filed with the Registrar, the liabilities, both civil and 216) in which it was held that together with a list of the direc- PEAK TRANWAYS CO. criminal, of a director for miss the directors were not liable, priors, and the name of some re-

sident in the Colony authorised). stlements in a prospectus ly because of the delay on the to accept service, Also the ar pointed out:

part of the Plaintiff in taking al balsace sheet of such a The Section requiro full diss, proceedings, The foots of the Company to be filed with tho 7.00 .. to 8.00 .. Eváry, 16 nia. closure, as to nunes and dates to ease were that one of the direc-Registrar (Section 252). be made of every kind of non-tors hud juurehused for £1,000 tract, written of vårbal (Capel the property which was, only v. Sim's Co. 58 ↳ T. 807), which three months later," sold by him related to the affairs of the Com-tern Syndicate, by which it was old the Company for £51,000. pany, and which it was in any

In the prospectus" the contracts; way material to [an 'uppliemut for| shares, to know. An amission of btween this director and tho mike such disclosuro, rendered a Syndicate, and between the lat

The proprietor of the "Ilong- director liable to repay, the share for and the Company, were dis

was not diskong Telegraph "has dovided to hokler the amount he had paid closed, inte et for his shares (Tijeras tirant closed that our directer had pur-continue during February

chased the property so recently offer of two prizes for the boat 2 C. P. D. 469.

Provisions similar to those of for paly £1,000). The Plaintiff photographs submitted to the the Hamo Act of 1908 having now was put up onquiry as to this editor by amateur photographers boen introduced into a now Con- in lane, but took no steps, sati! during the month.

It has been decided to widen panies Ordinance in Hongkong, November. Evo' 1, held that

than the scope of the competition. To it will be necessary for the pro-"there must be more lection of directors in the future-disclosure, proved before restrict, it largely to active life in that the prospectus of a Commisrepresentation is establish the Colony excludes many oma- pany hereafter incorporated shall "ed--must” he shown that the tours who are not yet experien- stato (1), the contents of the "non-diselostre, is the non-disced in this class of work. As the Memorandum, f), the qualifica "closure of something the dis-whole purpose of the competition JOHN D. HUMPHREYS & SON, tion, remuneration (if lixod), and "elusure of which, would falsify is to stimuloiuterest in photo- ummox and addressins of the direesomething in the prospectus"graphy in Hongkong il has boor tora, (3), the minimum subscrip- And he further hold that the felt better to remove all restric-WANTED—A TYFIST. Good Re- tin on which the directors may laches of the Plaintiff disentitled tion and to

2 gu to gllotment, (4), the names him to the relief which he claimed. Give Everyone a Chance

lis álition to his liability un-Pictures of native life, then and addresses of the vendors offer the Companies Act, and, in any property purchased by, or Hongkong, under the Companies pictures of still life, pictures for, the Company, and, the Ordinances, for misstatements in recent or pictures taken montis Amount paid, or to be paid, there the prospectus, director hay fur-ago, pictures of life of scenes in ther be liable to be prosecuted Hongkong or pictures taken in for, in cașir or shares, or other criminally for a missiomcanour" wise, (5), the jamany of the pre-funder the provisions of the any part of Chinn, pictures taken Timinary expenses, nind themount Laréency Act 1861, Section 81, at Home--any picture, general'or

intended to be paid to any pro. moter, (, the dates of, and parties to, any material contract, (7), the names and addresses of the auditors (if any), 18), fun

which provisions were introduccil inle Hongkong of Ordinance No. 5 of 1885, Section 71.

a

local, may be sent along if it possessos interest at all. With the competition of so "coin- prohensive a cletractor there is a chance for any, ainutou photo prapher in Hongkong "to win cho cotition appeared in the issues of Feb. Land 2.

It is also expressly provided by Section 259 of the now Ordinance (Section 281 of the Act of 1908) that a personahall be guilty of particulars of the nature and ex-misdemeanour if he wilħilly, of the prizes. The rules of com- tont of the interest (if any) of makes a statement false in any every director in the property natorial particular, knowing if to be falso, in any of the docuinonte acquired by, the Company and

required for the purposes of thoso other particulars set out in See-provisious of the. Ordinance tion 81 of the Aet and Section 83 which are specified in the Fourth

Schedule thereto. of the now Ordinance. And a directar will bo hold liable in pay compensation to all persons

*

Those documents are në fol-

(1) The statutory declaration who subscribe for shares qu the to be made by the Solicitor, or å faith of the prospectus for any director or the secretary, of a losa they my sistaia by reasonCompany of compliance with the of untrue shitements therein, un-requirements of the Ordinance in

Coupon.

Photographic Competition,

Feb. 24, 1912,

the

I agree to enter the photographic competition on the express understand- ing that the editor's de cision shall be final, and that he may, at his discro- tion, use the print font herowith either in respect of an incidental to the less it is proved that the director registration of the Company (Sec- "Hongkong Telegraph or

the Weekly Telegraph. had reasonable ground to believe,|tion 18).

(2) Tho list to be delivered to. and did believe, the truth of such

•Name... ****** the Registrar of persons who have statements, or unless the pros consented to net as directors, and Address..... pectus was issued without his have undertaken to procure their knowledge or coysent, of which|qualification shares (Section 73). fact he has given reasonable pub- lie antice,

(3) The statutory declaration by the secretary or a director as to the allotment of, and paymont This liability of a director for for, shares, to be filled for the noncompliance with the provi-purpose of obtaining the Regis Bions of the Act, which require trar's Certificate entitling the the above particulars to be Company to commence business

(Section 80). inserted in a prospectus, aro (4) The return as to allot modified by Section 81 s.8. 2 (0)|ments to be filed with the Regis of the Act of 1908, Section 83 trar, stating the number and amount of allotments, names of allottees, etc. (Section 90).

as. 2 (0) of the now Ordinance whereby it is provided that he shall not be liable for such non-compliance, if he proves that "(a) as rogardu ajiy mattor not "disclosed, he was not coguisant

"thereof, or,--

(5) The report of the directors

TAIKOO

GRAVING

DOUK

p

7.30 ..

8.00 am, to 10.50 ■.m, every 15 mín.*

10.30 a.m. to 11.00 8,m. 11.46 at io 12.00 noon

12.00 noon to 1.00 p.m. 1,00 pro. to 6.00 p.30

6.00 p.m. to 7:00 p.m.

5.00 p.m. to. 6.00 pm.

FIRST CLA and Ur-

UF-TO-

J. H. TAGGART,

Muanger, [25:

GRAND HOTEL,

Hongkong, 20th April, 1911.

Under Entirely “Now

Management.

Thoroughly Renovat

Excellent Cuisine.

02]

H. HAYNES, Mannger.

Bougkong, 16th Jan.. 1912.

[95

WM. POWELL,

LIMITED.

GENT'S OUTFITTERS

TELEPHONE 346.

NOW SHOWING

"GLYN'S"

WELL KNOWS HATS

(Hand Made)

10 min.

#t

15 min,

10 min.

$1

15 min.

11

11

15 mis.

10 min. NEW SHADES

41

IN

·SOFT FELTS.

7.00 p.m. to 8.10 p.m.

.. 10 min. -NIGHT CARS us on Week Daya. SATURDAYS,

3

Extra Carn at 11:45 pm.

SPECIAL CARS. Arrangement at the Company's Offico, Alexandra Buildings, Des Voeux Road.

+

General Managers,

Hongkong, td Nov, 1911. -

terenoest

XXX

Apply stating Bary required to

Langkung, 18h Feb, 1912”

efo" Hongkong Telegraph."

[161

NEW BOWLERS..

Telephone 197.

MANAGEMENT & QUISINE UNDER EUROPEAN MANAGEMENT

CE

F. REICHMANN, Proprietor.

ASTOR HOUSE

(LATE CONNAUGHT HOTEL) ›

QUEEN'S ROAD, HONGKONG,

"ENTRALLY siluetei, ap-to-date Hotel, Recently renovated, and under.

entirely Now. Management. Large and Comfortable Rooms, Excellent Cuisine under the supervision of an Experiensed FRENCH CHEF, and parte Tables, Hot and Cold Baths, Elsoltic Light troughout. Terms

moderate, First Class accommodation for Familles and Tourists."

For particulars and rates apply to

PROPRIETORS.

Telephone; 170

Telegram *Autor."

AT

OPEN AIR SKATING RINK BELLE

VIEW.

Telephone No. 907.-0

SESSIONS-10-AM, to 12 Noon,

String Band will

rom p.m. to 10 p.m.

2. P.M. to 4. P.M.

HOTEL

Admission 25 cents.

5 P.M. to 8 PM.

9 P.M. to 11 P.M.

Admission 50 cents.

[34

play at the above Hotel every. Bunday commencing

Hoogkopy. 24th January, 1912

HOTEL CRAIGIEBURN.

W. GALLAGHER,

Manager.

Hongkono Hotel

Anderson, R. N.

NEW STRAWS, ETC, PLUNKET'S GAP: Hai, A

Prices Moderate.

William Powell,

Limited.

H.zkene. 31st Jan, 1912)

THE GENERAL

[ 7

ELEC=

OF TRIC CO. CHINA, LIMITED.

MANUFACTURERS AND IMPORTERS.

HEAD OFFICE- 7, Jinkoe Road,

16, les, Vaux Road,

Shanghai. Telegrains

Hongkong.

"Gonlsetric."

Telephone 518,

Telegrams "Sparkless."

MANUFACTURERS of Complete Electric Plant, Power Schemes and Complete Telephone Installations.

WORKS.

The Peak,

near the Tram Terminus, Tel 56. For Tamun, apply to the 27].

MANAGER.

HOTEL LISTS.

Αυτοκ Βόνιτ.

Insbar, A. G.

Ballisto. Mr. & Mrs. Hanisch, S.

Holnes, J. B. Jesson, Mr. E. V Joseph, I.

Birot, L.

Bradshaw, 11.

Caldwell, His

B.

E. Krait, M.

*Laplogue, P. A.

Lagobil, V. Malthens, A. A. Morris, Mrs. K.

Chopard; F. A. Colquhorn, W. L. Collins, L. J. Coliny, Z: 0: Dease, Rev. & Mrs,

de Moston, M£3. Munro, di Oriolo

V.. P. Nielson, Miss (. Engelbrecht, Mr. & Redford, Mr. and

Mro. Mi # J.

•Evans, C.

Riban't, LA Rosenthal, F. Sklabelle, S. Balabello, Mise Sisk, Capt. J. W.

. 6. 8. Dougherty, Mrs. J,

W.

Feinstein, J.

Tolt, Rev. & Mr.

F. R... Fischer, Geo. A.

0. & Iamily,

:

LONDON, WITTON, MANCHESTER, BIRMINGHAM. Gmur, Mr. & Mr. Staiger, Mr. and

LAROE STOCKS held of all Electrical Supplies, Wires, Cables, Fittings, Shades, Bells, Telephones, Batteries, Switchboards and Granado, A. Switch Apparatus, Steam Dynamo Sets, Motors, Arc Lamp Carbons, Grandi, M.”

Guillon, D. Robertson Lamps and Osram Metal Filament Lamps.

·SHIPBUILDERS,

FULL PARTICULARS AND ESTIMATED GIVEN

ON APPLICATION.

Retail Agent in Hongkong→

WM. C. JACK & CO., LTD.

Telephone, 358.

Mm, & family Swanstrom, GOP, Tabbitt, A. I.. Thornton, Gos

GRAND HOTEL

Abele, A. W

Hardy, B.

Jes, M. da

B. A...

Kast, Dr. F

Kupsch, Capt J. Kinghim, Mon Mze J. I.

||

Aqui t, Mr. & Mrs.. James, 1}.

P. R.

Aaliamor. I

Batre, F. L.

[59 Bellinger. 8.

14, DES VOUX ROAD.

Basson, Mlle, G. BOILERMAKERS Bier, H. SALVORS, AND

REPAIRERS, AND IRON FOUNDERS, CONSTRUC Braten, F. FORGEMASTERS, BRASS

TOINAL, ELECTRICAL AND MECHANICAL ENGINEERS.

Holistansen, Mr,

Kra, H. B.

Kruseman, A. Laver, Capt. H.

E. Haleh, Mra, H. E. Balch, Mina M. II. Lelouste, L. G. Baldwin, Mr. and Lemaitre, R.

Mm. A. M. Barrett, N. M.

Lloyd, G. T.

Lowe, F. H.

Macdonald, J.

Beckingsale, L.

Mackie, D. D.

Beilken, B.

Mamhall, F. B..Q

Bates, E. R.

Holiline, Mr. & Mrs. Mariott, Dr. O.

R. E.

Balilios, Mrs. E. R. Matheson, Mrs.

and maid Í, O. D. J. › Barais, J.

Mrs.

Bird, J. E. Boolton, G. Brodribb, Miscor Brown, B. M. Brook, Mr. &

E. Chiltern, P. T. Clarke, W. E. Collinson, A. H, Crentzfeldt, Dr. Davies, Hon. W,

Ress, U. D'Oettingen, V. Drew, W. O. Dupree, W. B. Kamer, E. J. W. Ege, C. Ehrenfels, Mr. and

Mrs. H. C. Eitzen, J. Fisher, B: Q, Florin, A. Q.. Forrester, J. Faller, Donman Gaubert, R. George, Mr. & Mrs.

F. J. Grorge, Miss

Gervilist,

- Comdr, do

Marcbali, W, B.

*K. L. &obild.

Meines, Mr. & Ms.

Mr. J. T. W MoKean, Dr. W Moore, J., Jr. The Mishima, M.

Mitobelmore, E.V. Morner, Mrs. J. Momm, Dr. Morris, Mr. and Mrs. J. N., TA- let and mald. Morrison, Mr. &

Mrs. B. T. Murch, A. 8.. Noble, Miss Noble Mrs. Northcombe,

Capt. & Mr Oyston, G. D. Peill, Mr. & Mm...

L. & Maid Penanha, C. Bay, B. H. Raymond, E. M. Rear, Miss F. Ritchie, Mr. & Mrs. Ritchie, Miss: Ritchle, J. Robinson, W. V. Robertson,Onpl.B. Rodyk, Mrs, F.

Lt. Rose, O. H.

Samron, A

Jalinton Capt. | Giles, Mr. and Mrs. Schoman, Mr. and

& Lenfery, F. P.

Medorn Appliances for quick construction and repair of Ships Churck, R. O.

Engines, Boilers, Railway Rolling Stock, Bridges, and all Coide. Capt.

Olasses of Engineering, Iron and Wood Work Craw, Mr. & Mrs.

Electrical Drives, Hydraulic & Pneumatic Tools,

installed throughout the Works.

A B.

Mabon, J. Muller, J. Mall, A. F.

Nish, W. Melanes Pond, E. HI, Dunlop, Mis Rogago, Dr. Fingert, Mri. and Reul, W.

Ridger, A. T... .child 50-ton Hydraulic TESTING MAO HIN E Evans, Mr. & Mrs. Rheinhardt

for Chains, Wire Ropes, Ri4 LE

G. H.

Spiak, Dept and Metal Specimens.

Taylor, R. Guertin, C. N. Harris, Mizen (2) Terpan, J. Hildebrandt, Dr. P. Tallifson, A. K.

Tratora; N. Horbicz, J.

OF HONGKONG, LIMITED.

TAIKOO DOCKYARD & ENGINEERING CO.

DOCKYARD,

to be forwarded to cael member 7871 by 88ft, by 84ft. 8 in, 7 days before the first statutory pmpty Dook fu meeting (Section 60).

28-4 hour.

་

HONGKONG

(6) The summary to be con THREE PATENT SLIPWAYS tained in the annual list of mom-taking ressels up to 8,000 tons bers to be made before each displacement, providing conditions for (b) the non-compliance arose annual general meeting, so far as painting ships with most efficient result from an honest mistake of fact it relates to the particulars as to 100-Tox ELECTRIC OBANE OF QU

directors, and mortgage debts, and ELECTRIO OVERHEAD GRANEE Tencu*BOUT on his part."

the statement in the form of a Tex Shore Bargina úr zo 100 Təri. The latter provision, it is con-balance sheet (Beotion 27).

Eatmaien given for Docking, B-paire v› Hall and Machinery, (7) The auditore report and Constructional Work, coived, does not assist to free a flirector from liability for an ae. the balanco shoot to be laid tual misstatement of fact, but before the Company in general

moeting (Section 114),

only for an honest mistake of foot (8) The statement in lieu of which induced him va omit the prospectus to be filed with the

MANARIKSAAND ACRETE)

BUTTERFIELD & SWIRE,

HONGKONG, CHINA.

Telegraphic Addr683 20-00

“TAIKOODOCK

CRAIGIEBURY,

A. B.

Mr. W.

Gorton, Miss B. L. Slingsby, A.

Gonibpura, V.

Smith, E. E.

Dorld, Mr. & Mr.J. Solomon, H. H

Grayhill, Mr. and

Mr. H. B. Grimsliam B. J. Haggart, J. R. Haes, David

B. A. Hall, Capt. T. P., Harrison, A.

·Hayos, J. A...

Hale, Mr. & Mrs.

Spalding, Dr. and

Mrs. A. D.&inft. Spittlow, J. Blenger, Prol, &

Mri.

Mr. A. P. Square, Miss. W Stainer, a Lt, and.

Mrs. C. B

Stoker, Mr. and

Henry, Mr. & Mrs. Sutherland, P. D.

F. 8.

Thomas, H. P.

Trimm, 0. Tachetiniau, J. Uyémura, K... Vermeij, G. Vallbracht, Mr.

Hesing, Mr. W. Thomas, L, F. Hewett, Hon. E A. Tomlinson, F. S.:

C.M.G. Hewett, Mrs. E. A. Higgins, J. A. Baugb. VI. S. Hard, M. A. 8. Hurtado, E. L. Innes, Capt. R.

Jamieson, J. W.

Chinchon, B. J. K Gaskell, Mr. and Mackenzie, Ai

Mrs. W. H.

Ritchie, Mr. and

Joreph, M.. A. Joseph, B. M Karmani, Al

Adams, Mr. & Mrs. Hasalfoot, Lleat

& 9 children

& Mrs. Aston, Lient. and Jones, Dr. & Mrs. | Jackson, C.

Mrs. My

EVAD

* Mag, H. "Warran, El

Watarms

Caldwell, Mr. & Mrs. Kydd, Mr. & Mr. Johnson, MN.P

Grant-Smith, E „Grant-Badth, Mr.

Wilson, L. G. Wood E, M

Aagar Kiba, H.

Klown Dr. Xuepp, W. B.