1914-02-10 — Page 5

C

COMPANY MEETING,

Hongkong Canton and MacaO

Steamboat Co., Ltd.'

(VERBATIM

This morning at the offices of the Company, the annus! general meeting of the shareholders in the Hongkong, Canton and Macao Steamboat Company Ltd., wAN beld, the Hon. Mr. D. Landale presiding. There were aleo present:Mesara: H. A. Siebe, G. Friesland, E. Goetz, P. H. Holyoak, M Stegar, C. Landgraf, directors; J. H. V. Figueiredo, J. G. B. Sayer, K. D. Gazdar, M. 8. Northcote, A. R. Lowo," "L. G. Newall, E. Danenberg, G. J. Sequeira, A. H. M. da Silva, T. F. Hough, O. E. Warren, A. Rodger and J. Arnold, acting secretary.

past

the

The Chairman:-It is time for which this meeting bas been called; I will ask the acting Secretary to read the notice convening the meeting:

THE HONGKONG TELEGRAPH, TUESDAY, FEBRUARY 10, 1914.

SPECIAL CABLES.

TWO PLANTERS MURDERED.

TERRIBLE TRAGEDY ON BORNEO ESTATE,

(From our own Correspondent),

Singapore Received Feb. 10.1

Two European plantera-Me, Pau, manager, and· Mr. Leggate, assistant, of the Molalap Estate, Borneo, were murdered on January 27.

Mr. Pauw wake up a Japanese coolie, who stabbad him with a kris, sal Mr. Loggett interveasd and was also stabbed, dying tu twelve hours. Mr. Pauw reosivod a dozen stabs and died immediately.

BREACH OF PROMISE CASE.

WIDOW OF EX-GOVERNOR OF COCOS ISLAND SUED.

(From Our Own Correspondent.)

Singapore. Received Feb. 10.. Mr. Gustav Siemens, formerly Secretary of the Van Wijk Hotel, is using Mrs. Clunies Ross, widow of the late Governor of Coons Island, for breach of promise.

Ile claims $20,000 damages.

The acting Secretary read the and passage fares remained very notice accordingly.

The Chairman said:-Gentle flow until towards the end of for the benefit of the shareholders

men-The annual report and state-

August when all the competing ment of accounts, with Auditors componies agreed to a mutual Report attached, having been in

working agreement for the main- your banda for the usual period, paying basis. This syetem I om tenance of passage rates on £1 I will, with your permission, take pleased to say has worked satis them as read, The resal. of the year's working under review will, factorily for all concerned,

The loss in exchange on sub-

I hope, be considered very satis-sidiary coins for the year is the factory by the shareholders, and large at on record. namely $58, I ust the proposed appropria540, 30. I hope to see a reduction tions of funds will meet within this annual loss when the new your approval. The reason for. transferring to credit of Special. law comes into force in this Repairs Fund a sum of $30,000, the cartent ear.

Colony during the early part of is to provide for the cost of extra there is any hing else calling for I do not think ordinary, repairs to the shell

special mention. but should any plating and framing of the steamer Honam, the cost of

sharaboldera require, ony further which

will come

information, I shall have much into the current year's working. The

pleasure

in answering, any value of our steamers hae beзn questions. increased by the cost of the new steamer Taishan, paid for during the year. The balance of her cos: stands at debit of Loan Account, namely $100,000, which will be Liquidated as opportunity offers. The value of wharves, halks and

The Chairman-It has been moorings has been increased by Proved that the report and ac

counts be adopted and the matter

1 propose that the report and accounts be adopted.

much pleasure in reconding the Mr. M. 8. Northcote have adoption of the report and ac-

connte.

repairs to the wharvoe? I think only for repairs to steamers and

we might have that subdivided w as the shareholders on looking at the balance sheet, would knois

according to the report that the what they are reading. There o another thing, air, I notice

ing oa that occasion: I do not that there was a very grand out Taishan was put on the run, and

see any mention of that on the balance sheet; whether it was paid for by the directors and the secretary, or whether it was paid

agreed with me when spoken to for

by the shareholders. good of the shareholders

many on the matter that they were not treated with the courtesy that they might have been, and also that outsiders who have no claim invited, while shareholders, who whatever on the Company were

directore paid for it out of their Company, got none. are really the backbone of the

own pockets I cannot say any

re, on behalf of the sharehol

If the

, but if the shareholders paid the cost of construction of a news now before the meeting for, huve invited the shareholders.

for it, i think the courtesy should hve been shown by the directors to steel and concrets wharf at Can- ton, and by the cost of the discussion.

Mr. A. R. Lone:-Aucording to the account of $57.406.55 The Chairmen :-In reference extension of the Wing Lok Wharf at Hongkong, both of which have your address the Fluctuation increase in the value of shares, been paid for out of this year's Account is about eighteen per earnings. Value of jointly-owned out of the investment. Original: properties at Canton se been you used to transfer the profit increased by the payment of realisation to the Profit and Los shenko to the Chinese Govern- Account. It seeme to me that this ment on reclaimed land, and, in very high reserve against your connection with this master. I am yestments, and you can take pleased to state that a settlemen:

this special reserve if you want

of this long outstanding question bas i hope been at last been arrived at between the Provincial Govern- ment and the Companies concerned.

DAIRY FARM NEWS.

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Next door to Thos. Cook A Son.

WM. POWELL, LTD.

THE LATEST

TELEPHONE 346.

Special Display

OF

SMART

"Marquisette DRESS MATERIALS

GAUZE,

FOR

RACE WEEK.

(SEE OUR WINDOWS)

RAGING SEASON

BORDERED

ROBE

LENGTHS.

1914

STOP WATCHES and BINOCULARS OF THE

VERY BEST MAKERS ARE ALWAYS STOOKED

IN LARGE VARIETIES ALL WATCHES SOLD BY US ARE FULLY GUARANTEED. Jewellers, Wateruakers' &

J. ULLMANN & CO.

THE

CJENER OF FLOW

Srauer,

KRUSE AND CO. ANDERSON MUSIC CO., LTD.

BOY SCOUTS.

Movement for a Band and a hall. |

form a drum and life band A movement bcs been started

at

LATEST SHIPPING

NEWS.

MOVEMENTS OF STEAMERS.

San Francisco on the 2nd February

The P, M, ss.. MANCHURIA arrived

The C.P.R... EMPRESS OF RUSSIA was 1000 miles from Yokohùma on the ?th

(Formerly Mosses: LANE, CRAWFORD & Co's, Plano Desti

PIANOS

BROADWOOD,

UNSUR- PASSED

OF

QUALITY.

STEINWEG,

SPECIALLY

COLLARD, ALLISON, DORNER,

FOR TONE, TOUCH

IND

FINISH.

st. st. 10 p.m. and 19 due to SITIVE CONSTRUCT- Yokohama on the 10th isst, at noon and

Joave Yokohama on the 11th inst, at 7 " ED.

that is not all realised profit and and also to e-tablish a Scouts it has been the policy of the Hall for the St. Joseph's College directors since the oponing of this Boys Scouts and the Body Guard. Fluctuation Account, to transfer The following donations, have any alteration in the value of the been received Company's holding of shares to that account. If it is found later

Anonymous Supporter, $300, Mr. Ho Kom-tong, $200.

The L.G.M.se, DERFFLINGER which left here on the 5th inst. at 6 pm.. "on that it is necessary to deal

The latter contleman, remark-urrived at Shanghai on the 8th inet, at

The German 8.8. RAJAH has left Son-

has Boveral sements

to

a.m.

with the balance of that account, ing in his letter on the splendide commendation to the shareholders. the Colony, sends his subscription about the 18th install your directors will make a rework the movement is doing in dakas and may be expected herega or With regard to the remarks made to the Boys with his best compli- The A... ST. ALBANS from Sydney about dividend, the Company ments. The fund is worthy of mor and Manitay on the 9th lust, and

heavy

disbur- the support of all and all donations may be expected to arrive here on the 21st

will be acknowledged in the press jüstant meet some

the new steamer $190,000 bas! wharf at Canton and the cost of J. Edwards. St. Joseph's College:" expenditure in the way of a new

and by tho Scoutmaster, Mr. A.

not all been paid yet and the directors do not think it would of any larger dividend then Board this afternoon a letter way be wise to recommend payment At the meeting of the Sanitary $54,714,30 on shown in the acreslative to the reclamation of they have done. The sunount of read from the Government! wharf includes no salaries; it is count for repair to steamers and the foreshore at Shaukiwan.

SANITARY BOARD.

Co-oap's Atveritsements

out of that excres in the Fluctus account to the other reserve ac- tion Account, from that reserve count. That leaves $30,000 more in profit and loss which is I must take this opportunity of

realised profit. There arems to be a reserve for everything in publicly expressing the thanks

this company. and if you turn and appreciation of this Board for the valuable advice and Bar where the shareholders have put back to the meeting of 1895 vices rendered in connection with their view as to the running this matter by H.M's Coneal of this company, before the dir General and Vico-Consul, and Deacon & Co. Ltd. at Canton, for not necessary, not being an insure the Company's Agenta, Mesarstore, it was stated that it was it is certainly due to their un reserves. The mention of a pro- ance Company, to have such big tiring efforts that the mattere have been so far satisfactorily not clearly in your account. Why Atof $57,000 in your speech is settled.

During the year under review not use that special profit

entirely as stated with regard have not been the papers before

Dr. Fitzwilliams minuted: I THE members of the Peak we have asposed of thares and provide

10

"the ~pecial debentures in Publio Companies reserve, special charges? I only directore went out on a trial trip of the to exhore by the opte, the current year will be sold in amounting to $143,377,50, and suggest that for the director, in the now Laishan in order to that causes the smell; it is ex-the Club at 7p.m. on Friday next, to steamers and wharves. The surely it is not the disturbance newspapers and periodicals for you will be pleased to note that but it seems to me more money satisfy themselves that the abip posure by the reading tide. our investments under this head- would be available for dividend

was in a satisfactory state to be

ing still stand at $739,872.50, ataud.the profits can stand it. In taken over by the company, and|

1910 the Company made

NOTICE.

Club are reminded that the

13th instant.

WANTED.

the close of the year as against $229,000 odd and they paid a kept, in view of economy, to an proposed $826,050.00 on 31st December

invitations to that, trial trip were and Mr. Holyoak bas been 1012, showing an appreciation in dividend of the labs, and this few a number as were thought and secondet by Mr. Lowe. WANTED AT ONCE. TWO

by Mr.. Nowall value, no 1-adjusted to rates year they make $255,000 and necessary. Now gentlemen if Those in favour sign.ily int prevailing culet December 1913, they only propose to pay $180,000

Experienced Ironers. Ap- there are no other questions, it usual way--thone sainst-carri ply ta MANAGERESS, ORIENTAL LAUNDRY, 38, Austin Road, Kowloon.

of $57,400.55 which amount has

been carried to the credit of Fluctuation Account Loans on

Company's Civil:

Engineers

in dividend; and then apart from

I take it that the ships are written

way. This money, it seems to

Mesara. Palmer and Turner. The me, could be treated next year, Messrs M. Steger, P. H. Holycak,{ new steamer Taishan was domif you do not wish to alter the and E. Goetz as directora,

for next year's interim dividend,

pleted towards the middle of

the

NOTICE TO SHAREHOLDERS

the $57,000 profit on the abares, ded by Mr. Northcote that the

is proposed by myself and secon-ed unanimously.

Mr. Goetz:I beg to propose down or a proper basis so that report and accounts be carried. the reelection of Afusers A.O'D. mortgage remains the same as in

these reserve funds that you have Carried unanimously. Those in favour. last year's report and, as is cus-

Against. Gourdin and W.H. Potts as audi- tomary, the properties have been are intact. I do not wish to in-

tora for the ensuing year at a HONGKONG, CANTON and re-valued and surveyed by the convenience the Board in any propose the, confirmation on the

Mr. T., F. Hough: I beg to remuneration of $400 each.

MACAO STEAMBOAT Co., Ltd. Mr. Sequeira-Ĺ have much. board of the Hon. Mr. D. Landale pleasure in seconding that.

The Chairn an:-It has been propored by Mr. Goetz and Mr. Figueiredo: second seconded by Mr. Sequiera that, speed trials was socepted from I should like to ask of the Chair-

Mr. Sayer:-There is one thing that,

that Messrs. A. O'D. Gourdin and The Chairmen :-The the builders, since when she has

con- W. B. Potts be reelected for the THE FINAL DIVIDEND of been profitably employed on the ann before it is put to the meet-firmation of the election of the ensuing year at a remuneration $1.00 per Share, declared at Hongkong Macao Service, Sheng. The Profit and Loss Account gentlemen whose names have of $400 each. Those in favour the ORDINARY ANNUAL is very popular with all classes of on steamera and wharfage is just been read out is proposed please signify in the usual way ERS, held This Day, will be passengers and fully justifies her $54,000 odd. This seems to be Hough and seconded by Mr.against carried unanimously. PAYABLE at the Hongkong and Position in the service. This very

sort Figueiredo. Those in favour The Chairman-That is all Shanghai Banking Corporation, of arrangement. I am sure of please signify in the usual way. the business, dividend warrants on and after TUESDAY, the 10th steamer replaced the steamer Sai An on the line, which, after one thing, the directors and any or Against-Carried unanimate now ready and may be bad February, 1914. general overhaul and having in- body who placed it in the ously.

November, and after successful present appropriation.

vague

1

Ureased saloon stateroome fitted, accounts, know anything about Mr. Newall I propose the the shareholders. I do not see reelection of Mr G Friesland

on application.

was placed on the Macao-Canton how they can understand them in and Mr. P. H. Holyoak to the Empress of Japan goes Into Dock, Line to improve that service. v

Traffic during the year has the slightest degree. Ishould lik, board,

MEETING OF SHAREHOLD-

Shareholders are requested to apply to the Office of the Com- pany for Warrante

By Order of the Board of

The Empre

050 very erratio and uncertain

to koon whether that amount Mr. Lowe: I beg to second it..

The menue salaries to office Bluff or

Chairman:-

Mr. Trickland 599eive attention.

tower this

Japan was Directors, the Kowloon Dock here she will

JOHN ARNOLD,

ETC.

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Acting Secretory Tel. No. 135.

10th Feb., 1914,

6. Queen's Road Central,

Hongkong,

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