1912-06-01 — Page 5

COMPANY MEETING.

concentrated 10.

THE HONGKONG, TELEGRAPH, SATURDAY, JUNE 1, 1912.

MR. HIND AND BANK

NOTES:

THE BULK GOOD; TEST NOTE BAD.

A Novel Point

necessary to cancel the attendance of tho Volunteer Corps at the Parado if tho members do not attend on Saturday."

The orders issued to-day wore as follow:

Corps Orders by Lient. Col. A. Chapman, V.D., King's Birthday. Parade,

Sir Jolia Jordan will press for a man of business The commis settlement of our claim only in sion charged by London to Hong- A. S. Watson and Co., Ltd. the event of the ministers of other kong is two and bull per cent. nationals making similar claims. and no further charge is made The general managera havo como whatever, not even for a penny The 27th ordinary annual to the conclusion (with which con- stamp. We could not get it dono general meeting of Messrs A. 8. clusion the consulting committee cheaper by anybody else or so well. are in thorongbaccord) that, under I might mention in that connec- Watson and Company, Ttd. was tho altered couditions of trade in tion that we also bave a buying held in the Hongkong Hotel this this part of the world, the whole agency in New York who have At the Police Court, this morn-

Members taking part will morning, Mr. H. Humphreys of the Company's energies should no connection with ourfirm whating, Mr. W.B. Hind made an in- parade at Volunteer Headquart prosided and there were also be

Hong-over. We first started with them cresting suggestion in reference ersat 6.45 a.m. on Monday, June 3, Dress-Roviow Ordor Khaki, prosent:Sir Paul Chater, Houng and Canton whore effective on a two and a half percent com-to the genuineness of banknotes.

supervision can be maintained. mision, but about twe years ago He argued that the ones owned medals to be worn. (Officors :=| Mr. E. Osbourne, Mesken J. Scott With this object in view all out they said it was not worth their by his client, which the police Khaki jacket, brooches and Hurston and II. P. Whito (con-lying branches will be closed is while to do business at that said were bud, were in truth good, putties, Sam Browne Belt and sulting committee), J. A. Turrant soon as suitable opportunities romane ation bec: use there was a and the one the money-changer Sword. (N. C.) Olliceramon, Khaki (secretary), Mewes A. H. Ough these outlying branches were at But they continued at per cont.,

With two exceptions, tremendous amount of detail, had compared them with was bad jacket and trousore, putties, rifle, nan was charged with belt and sidearms, one pouch on W. D. Jupp, D. E. Clarke, tached to the business when it which is two and a hall per cent attoring twelve forged notes on a left of belt no bandolier. All Maitland, Taylor, J. Hooper, was convorted into a limited more than our London offico.

Canton bank and endeavouring ranks Khaki Helmet with leather Horaby, J. M. Nagundo, Clinbility company and in regard I would like to refer to one or to pass them on a money changer chinatrap and Silver dragon to Potte, F. T. Cimpple, H. W. Bird to those exceptions viz. Amoy and two more anonymous letters, and at 171 Queen's Road West. The be worn in front of pagri F. W. Stapleton, C. E. Warren, Mactavish & Lehmann, Shanghai, I hope if the writers to presont notos were supposed to be $5 ones

Rifles and Equipment. will be J. M. Wong, Lau Chu Pak, Lau the former has been remuner they will ask some questions. There and the monoy-changer told do- drawn at once on arrival at Ta Choung, Lou Pak To, Ellis, ative but the latter not. The was a letter this morning, stating fondent he would want a premium Headquarters and returned after. J. II. Seth, L. Qug, and others. nature and scope of a small phar that the Company was in of $1.82 on overy $10, To this parade.

as rend,

occur.

meet.

Mr.

The Reason Why.

if

ALLEGED ARMED

MARU.

THE MAGISTRATES. ›

$21,000 worth Missing.

Mr. Lewis: These men have. bcon arrested since the other three were remanded, and I thought it would be as well for your Wor- ship to take them all together.

BUTTER.

BUTTER.

We are pleased to announce still

FURTHER REDUCTIONS

From ist June, the following prices will rule-

"DAISY" A BRAND 80 cents per lb.

DAIRYMAID

** BUTTERCUP"

PASTRY

70

68

33

65

THE DAIRY FARM CO., LD.

WINE MERCHANTS.

DES VŒUX ROAD.

TELEPHONE 630.

Supply the nighest quality Wines, Spirits, Cigars and Cigarettes obtaina.le, consistent with price. All Wines and Spirits bottled in Europe by Shippers of world wide reputation...

Hongkong, 15th January, 1912.

NOTIUE..

-

Mr. Melbourne: There is Fri-TBE DRAGON CYCLE DEPOT has found it necessary to remove day.

from No. 63, Des Voeux Road Central Mr. Lewis: Then you have the to more commodious quarters, and will Yaumati murder oase down for for the future be located at No. 24, Des hearing in which I am defending. Voeux Road Coutral, next to P.'& 0.

Mr. Melbourne: Thursday Office. afternoon, the murder care.

Mr. Lewis: And Friday after noon also your Worship.

Mr. Melbourne: Quite right, Mr. Lewis; two days.

Mr. Lewis: I cannot tike it soon as Tuesday.

•

Wo solicit your kind patronage an you have extended to us in the part, and jussuring you of the very best of atten-

tion.

We beg. to remain,

ASAHI BEER: SAPPORO

TV DO METAM

[21

Chairman's Speech: macy nowadays are such as to moribund condition and stating defendant agiced. The money- The Secretary having read the requiro rigid economy and un-that the only remedy was to hand changer took the nuids but was notice convening the meeting, the remitting toit on the part of those Well, it seems to me, gantoors, doubtful of their genuineness and ROBBERY ON THE SOSHU GARNER QUELCH & CO. chairman said:-Gentleman engaged in it to make both ends it seems to me, gentlemen, compared them with a good note. These conditions rarely that that is a rather old-fashioned He found that they were bad ones propose with your permission to take the report and statement of jobtain in such a business unless treatment of a patient in a and called the police. He gave】 SEVEN more meN BEFORE accounts and the auditors' report can such a business be taxed with him to death. But this Company

worked by the owner. Neither moribund condition-bleeding defendant in charge.

Mr. Hind said the man had supervision expenses or a The first thing that will pro more thinn is actually required to condition. Financially speaking, fot, he had been instructed to nan is by no mean in a moribund pleaded guilty but, despite that bably strike you on looking at the accounts before you in the do the work without show at all events, it is in stronger uppear on his behalf. He had not At the Police Court, this morn- a jous. Retrenchments condition to-day than 25 years had the opportunity of discussing ing, before Mr. Melbourne, Mr. vory heavy capital loss occasion-g od by the closing of our Manilave already been made and ago,

the matter with his client and he Lewis on behalf of seven mer and Mastavish & Lehmann bran strictest economy will be observed

Another anonymous correspon thought thers should be an ad-arrested in connection with the in the conduct of the Hongkongnent says 'wo are paying too joùramout for that purpose, in alleged armed robbery on the 8.8. ches, especially the formor. The Manila loss, though regrettable,eral managers in conjunction W

and Canton business. The gen much in wages. Of course, fairness to the defendant. He be- Sasha Maru, asked for a remand have. IL good many loved the notes were good, was, in our opinion, inovitable,

as he could not go on with the and in cutting it, we feel confid with the consulting committes Europeans in Hongkong

caso that day. ent that we not only acted in the will give their earnest attention think about 20 altogether but Mr. Melbourne-Why did he

Mr. Melbourne: In July some best interests of shareholdere, but this matter. Competition in all wo havo a very large business not tell the police that, instead of time (laughter). were fortunate under the circum-opatments of the business gets here, both wholesale and retail saying they belonged to a soup

A big Hoda-water shop? stances in being able to sell both coner every day but with the We have the drug business and the aerated experience and facilities which we business, a big Chinose business, Mr. Hind-You Know what water businessas going concorns., wo feel confident we can which requires European book these people do when questioned Further delay would merely have more than hold our own in long, keeping, and, in addition to that, by the police: they are very liable added to our trading losses with kong and Cantou and that when we have to keep the books of our to tell a falsehood. the possibility anuuting almost are quit of outlying branches, branches and have to be in a

Molbourne:Well,' to certainty that the capital etter results will begin to show. position to supply our branches you have a remand I cannot take foss at the end would have deed they are beginning to not only with any slock that the case to-day. beon grouter will. We have almanifost themselves already. they may require at a mo. The money-changer wont into ready begun to feel some benefit Thore was an increase in the ment's notice but also any the box and said the aptes were from the sale of this branch whose trading profit of 1911 as compar European assistance. If wo had bad ones. indebtedness to Hongkong had od with 1010 of $8,619.53 not not these branches, I admit Mr. Hind said he objected to steadily increased year by year withstanding that Shanghai and we might be able to do with that evidence since the witness without any corresponding ex- precedentedly bad year out two or three Europeus, but was not an officer of the bank and pansion of trading profit. The and business in two of our depart until that time comes I do not was not an officer of the Govern- annual profite bail, as a matter of meats in Hongkong was much think we can do with any less ment issuing the notes. He fur- fact, continued to dwindle until urtailed by the Chinese revolu- Europeains.

thor argued that the notes were of of Inte considerable trading losses lion.

There is still one more letter 1 recent issue, the colour was dif lind boon sustained and this not- The loss on subsidiary coirs would like to refer to. There is forent from the previons issue, withstanding our Escolta leaeo continues to be an aununl occur. another shareholder whosuggests and money-changers had not be admitted of our occupying the fence, the loss last year amount that the General Managers are come acquainted with the now promisos.required for own use ating to $14,126 02.

vory foolish in selling their colour. He submitted that the a nominal rent. The first half-of

branches and that the buyere notes were good and it was for the Your general managers and 1911 showed a lading loss for the consulting committee

are romping a rich harvest police to prove that they were not, Manila branch, but after the sale you will approve of the large gets his information from. I were not and intended to receive Well, I don't know where he und that the defendant know they in May last, tho Mapila account writing off proposed. showed a profit which was repre-

have heard rumours to the effect money for them knowing they The dismantling of the old that one or two are doing well, were falso notes. aented by interest on the mort-factory necessitated the scrapping tmt on the other hand I have gages of the drug business and of a good deal of old machinery heard that one of the buyers

The case was remanded. nerate water factory respectively and plant and a considerable would gladly all his business A LACK OF ENTHUSIASM, formally remanded on the same and surplus rentals accruing amount in nended to write these back to us for what he paid for it. from the Esculta loase. This out of the books nitogether, I will not depart from my lense (formerly included in build-

Furnituro, fittings and utensils opinion, nor will the Consulting ing improvements account) has

of trade are still considerably in Committee, that it was a wise policy thirteen years to run, and brings excess of what they would fetch on the part of the Company to in about Pa800 per month, if sold and therefore require to be clear away all its outlying branch- clear of all outgoinga. If not written down freely. sold, it can be gradually amor-

es. It is a little inconsistent, 1 The summor is, naturally re- tised out of iis own revenue make, but if any shareholder has mous correspondents to charge us teering, and the uncomfortable I have no further remarks to think, on the part of these anony-garded as the off season for volun-

ance annually for credit of profit pleased to answer them to the Watsons, and on the other hand suffers during the middle of the any questions to ask, I shall be on the one hand with exploiting weather from which Hongkong and loss account for the next best of my ability, thirteen years. The mortgages

to say that we were foolish in year is amplo justification for the referred to above, bear interest at

getting rid of these branches. course adopted. When warmer the rate of 8 por cont, per annum At the conclusion of the writ What shareholders overlook is weather seta in, rifles and equip- in the case of the A. S. Watson ten speech, the Chairman replied this--that the General Managers ment are returned to the Head- Co. Incorporated, and 7 per cent. to anonymous correspondents to are, and have been for many quarters and the amateur sons of ing, two men named Kwan Tain per annum in the case of the the Press, His remarks were years, large holders of the stock. Mars are able to rest for a spell, and Li-Ming were charged with Philippines Drug Co., Incorporat-made extempore and as he spoke They own or control at the pre- Consequently it is not altogether causing the death. ed. Cash remitted to Hongkong in a low and indistinct voice i sent moment one-sixth of the surprising that no too great on-It appears that the man was on account of the sale of the Manil was difficult for the reportershares of the Company, so the thusiasm is shown in answering working on a ladder, and it is 1 business enabled us to build our present to catch all that was said. interests of the General Managers calls to parades, etc., during the alleged the defendants pushed a new soda-water factory and add The following. however, is pracare practically identical with the summer. The recent notification truck into the ladder bringing the to its plant and general equip tically a verbatim account of the interoste of A. S. Watson & Co. issued from headquarters, how-deceased to the ground with such ment, and also to purchase remarks made:-

And it would be criminal policy over, seems to show that's greater force that he died almost im-

and still leave a substantial bal

Reply to Critics.

trual

Will the Volunteers Take Part in Monday'ı

Parade P

Mir. Melbourne: Perhaps Mr. Irving can take it.

Mr. Lewis: He is also booked up for next week.

Mr. Melbourne: Then I am afraid I can only grant a formal remand Mr. Lewis. If I give you afternoon? an afternoon will it finish in an

Mr. Lewis: I am afraid not.

D. 8. Wills: There is $21,000

at stake your Worship,

Mr. Lewis: There are men

oharge.

Mr. Melbourne: I will formally

remand the cave, Mr. Lowis, think I will take it myself.

Mr. Lewis: That will suit me; your Worship.

CHINESE KILLED.

About half-past four yesterday afternoon a Chinese met his death in a passage at the rear of the Hongkong Hotel,

At the Police Court, this morn-

(subject to mortgage) Sliemeen I have no further remarks to for them to go against the in- lack of interest than hous! Is mediately.. Lot 74, which figures in the make as regards the speech al- terests of Watsone business. Tevinced in the King's Birthday The case was remanded, bail accounts for the first time. The ready written, but before I ait don't think I have any further Parade, which is to be held on being fixed at $250... burchase, however, was referred down I would like to make one or remarks to make, but I should Monday morning.

Other Busines

LOCAL SPORT.

LAWN TENNIS,

·YM.CA. Tournament.

Further results in 'the above

tournament, now in progress,

re

יי

Gents Singles.

Second round: "Hickling (owes

Yours Faithfully, DRAGON CYCLE DEPT.,

Phone No. 482. Hongkour 22nd May, 1919.

(899

HALL WINE DEAL Note our Price $12.00 per care o03- taining 4 doxen` quarîa: or 6 donan plate

£70%

IT COSTS A TRIFLE MORE THAN THE OTHER KIND, BUT YOU ARE BUYING

THE MOST DELICIOUS NATURAL MINERAL WATER

IN THE WORLD.

ISUAN

THE CHINA COMMERCIAL COMPANY,

3, Duddell Street.

Tel. No. 1208.

f387

PERFECTION WHISKY.

IS ALWAYS

PERFECTION IN ITSELF

AND

"Worth having

THE BEST “SCOTCH"

Perfection

WHISKY

PROPRIETORS.

D&J.MCCALLUM. EDINBURGH.

PERFECT IN MELLOWNESS; PERFECT IN BOUQUET,

by me at some length at our two remarks with regard to some be glad to answer any ques As stated in the "Telegraph" bat annual meeting. The only anonymous correspondence which tions, which shareholders may it was originally announced that, ther item in regard to Manila Ilasappeared in the "Fouth China wish to ask-(Applauss.) providing a sufficient Lamber of need refer to is "San Jacinto Morning Post." One of the

the men were willing to turn out, land and buildings" which is correspondents who signs bimself.

the Volunteers would be repre-! down $13905.17. Of this deuroase" Concerned" writes to the paper Chairman moved the adoption stand that a fair number replied There being no questions, the sented at the parade. We under instalments received on account of in a somewhat ambiguous manner. purchase account for Pa 6500 It is a little difficult to know what of the report and accounts, signifying their intention of at- the balance represents loss which he moans, but, if the letter moans Mr. Wright seconded-Carried, tending.. A practice was fired for is included in the general loss on anything at all, it means that the On the motion of the Chair-Thursday evening, but the num the sale of the Manila branch. General Managers of A.B. Wat man, seconded by Mr. Hornby, her who turned up was doolded. Ban Jacinto will not figure in the son and Co. Ltd. are getting their Sir Paul Chater's appointment to ly disappointing. As a result accounts next year, as arrange 6 or 10 per cent, commission on the Consulting Committee was the following notice was issued ments have been made by the everything that is sent from confirmed;

by the Staff Officer :--- purchasers to commute the re London, in addition to which Mr.Jupp moved and Mr. Clarke "There are still a large number maining instalments by the pay- they charge Hongkong with all seconded the re-electionof Messrs. of members who have announced | ment of a lump sum. The item their out-of-pocket expenses. IF. Maitland and W. Hutton Potts their intention of attending the Second round: Mrs: Follow

Stocks in trade and Forat do not know if his means that he auditors at the salary of above parade and wlio have not and Middletonowa 15) beatA PERPECT DRINK WITH TANSAN: ture, Attings, plant etc. show but if he does I give it the lie di-$600 per annum, and this was been present at a practice. A Newman, and Hioks (scr.) 6-1,

carried. large reductions due for the most rect. Mr. Jupp is in charge of our

'second practice will be held at 6,2, part to sales of the branches at London office and all those who' The Chairmen Thais nil the the Headquarters at 5.45.p.mon Bemi-final round. Mrs: Sinca ready Hferred to

karo know bir Jupp and among those usiness of the meeting gentle Saturday, Juno1; for their benefit. and Heigh (owes 16) beat Minn With regard to the Tose at present are many who do know me thank you for your attone Biaf Officer shes to Emberley and Longstaff (cor.)

Hadersleod that it may be 1-3, 6-8, Oldagkong, we are informed that he is a sound, capable and honest danoo,

40) beat Davidson (owes 16) 6-0; Semi-final round: Slovens lowes 15) beat Munday (owes 3-8).

Mixed Doubles. ·

PERFECT IN PURITY

AND

ド

"PRICE-PER-DOZ,, DUTY-PAID

BOLE AGENTS:

Tel No. 185,

81.00

GANDE, PRICE CO., LTD.,

Shop Wing, Merchant Queen's Road Central, Hongkong,

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