1915-02-02 — Page 5

COMPANY MEETINGS.

Ltd.

THE HONGKONG TELEGRAPH, TUESDAY. FIBRUARY 2, 19.5.

would have bron payable had the year the amount advanced on

proposed dividend been per mortgage stands at $318,000, DAIRY FARM

cont.

In consequence of one or two The West Point Building, Co lenges having expired since the

company was formed, your direct ore have been enabled, as an ticipated, to renew the same at increased rentale,

(VERBATIM)

against $86,000 in the previous year.

As I informed you at our last general meeting, the question of reclaiming the foreshore along. Praya East, in which wo are largely interested, was being The annual general meeting of

On account of the war, some of ravived by the Government, but the West Point Building. Com the foreign laners may be cap-on-cocust of the war no further pany, Ltd., was held the crux oelled before their full term ha progress has been made in the at the cflices of Musers. Jardine, ron, aithnagh so far that has not foheme. I hope, however, the mai Matheson and On, Lid.. Sir O. P. been the oase; however, we have tor will not be postponed for Chaler presiding. There were

enquiries in respect of some much longer. also present the Fan Mr. of them for their ra-letting. Landale, Moris. . S. Gubray should such cancellation ocour and J. W. C. Binnar, directors; I have nothing more to say, gentle Mr. A. Shelton Hooper, accretamen. If there are any questions and Messrs. M. S. Northcote, E. to be asked I shall be pleased to Bruce Shepherd, A. A. Fyfe, F.

ladswer them. Mailland, A. F. Arculli and H. W. Looker, hareholders.

The Secretary read the notice covering the meeting.

The Charman eaid:-Gent men, you are agreeable, wo will take the report and accouple as read. Toe het profits on the year's working amount to $53,304 52,as aguinat $52,042 24 the previous year. The revenue, as the whole of the property in under lease, is exactly the same. The existing lease has 15 months to run, but I may mention that

The Chairman:-There being no questions, I beg to propose that the report and rents

shall be pleased if some goatle prosented berccepted passed. man will second th 1

Mr. H. W. Look·r seconded. The Chairman: It has been proposed by myself and seconded by Mr. Looker that the report and accounts as presented be accepted and fad. Those in favour please hold up their hands, Those against ? Oarried ananimously.

Mr. 0.8. Gabbay I have during the year there have much pleasure in proposing the been several enquiries from re-election of Sir C. P. Chater as parties desiring 10 acquire director. the property, bat, 18 Mr. Mody:I beg tsecond the none of these came up to what re-election of Sir C. P.Chater as your Directors thought the Estate

director. was werth, we have bal no occasion to bring the matter of a sals before you.

There were also during the year, before war broke

cut several cffers to leave the proporty at increased rental, baton secount of the currency of the existing lease, nothing can be settled in this direction for the present.

If any shareholders would wish for any further information should be glad to furnish it..

The Chairman There being no questions, I beg to propose that the report and accounts be a cepted.

Mr. Aroulli I beg to secund the adoption of the report and

accounts.

མ་

The Chairmaa:-Proposed hy Mr. Gubby and seconded by Mr. Mody that Sir Paul Chater be re- elected director. Thosein favour, Again: 6? Carried unanimously.

Mr. Looker:I beg to propose the re-election of Mr. H. Peroy Smith and Mr. A. C. Hynes us anditors at a remuneration of $75 cach.

Mr. Gubbay:-I beg to pecond that,

The Hongkong Land favesiment

and Agency Co., Ltd..

The Company's holdinga in kindred land Companies has been increased from $271,218.70 to $383,481.20; une lakh of this amount represents the interest wo have soquired in the Central Estate, Ltd. We have been a pointed Agents for this Company, which will increase our Commis- Faion Account,

FISH.

NEWS.

WE HAVE RECEIVED A NEW SHIPMENT OF

SELECTED FINNAN HADDOCKS,

FILLET HADDOCKS

AND

KIPPERS.

On account, of the war, there has been a light decrease in the value of the landed properties, but so far this has been felt very slightly by ourselves, as many of S, Nortbento, secretary; Mensra. our Chiness properties are let on J.. N. Mady, E. Howard, Ho lease, which are still current, and Kom-tong, Ho Fook, I. P. Smith, we believe that when the war has] A. A, Fylo, A. Shelton Boopar ceased all propertien will again an Cheung shinshareholders. become enhanced in value.

The Secretary having read the

BIG

BIG BUSINESS DEAL.

Well-known Soap Firm Buys Hongkong Godowns.

We understand that Mesare.

manu-

We have not so far had any notice convening the meeting, the offices thrown on our hands, Chairman said:-Gestlemen,-1 and although a time may come am sure you will agree in taking Brunner, Mond and Co. uf when it will be necessary for us the report and accounts now London, Shanghai nad Hong. to seek new tennote I do not think before us a read. There is little kong, the well-known they will be difficult to find. If it if any comment to be made upon facturers of puro alkali, oap aad other products, have purchas should be found that there are the accounts now under review. ed the large godowns belonging more offices available than the The net profits for the year business community of tiongkong amount to $54,715.54. No aules to the Hongkong, Canton and requires, it is not those in the of property have been made Macao Steamboat Company. Ltd. centre of the business quarter, during the fear and our invest- Mr. F. W. White, ostate broker,

have inducted the negotiations, where ours are situated, that are mente in mortgages likely to remain empty for any been increased by $390,000, length of time, but rather those all it good rates of interest, while more on the outskirts of that loana at call are reduced by quarter. I think I am justified in $422,000. Our small house pro aaying that I am hopeful that we perty at Yaumati is still onder shall be able to avoid any serious lease and in good preservation. reduction in the revenue from And we continue to pay the usual rentals of offices.

dividend of 7 per cent. upon the paid-up capital, canying forward some $10,000 loss than in the last account.

After the adoption of the report and accounts has been propseed, and seconded, I shall be happy to answer any question Before proposing the adoption which shareholders may wish to of these accounts, I ahal be ask to the best of my ability. I pleased to answer any question beg to move the adoption of the shareholders may desire to pur. report and accounts.

I beg to propose the adoption of

COMPRADORE OVER-

CHARGES.

Sequel in the Police Court.

Cheung Cheong, comprado ra of Arconal Street, was summoned his morning, before Mr. Haze. land, for charging for foodstuffs more than the prices fixed by the Food Prices Committee.

Mr. T.F. Hough I beg to the report and accounta as Naval Yard, said that January 25 second the adoption of the report presented. and accounts.

The Chairman-lhe report and accounts are now before the meeting, if any shareholder bus any remarks to make

Proposed by myself, and second-

The Chairman :-It Eng been propreed by Mr. Loker and seconded by Mr. Gubbay that Messrs. Parcy Smith and A. C. Hynes be re-elected auditors at a remuneration of $75 each. Those in favour. Against? Carried unanimously. That is all the The Chairman:-Proposed by business, gentlemen; thank you myself and seconded by A. for your attendance. Arculli that the report and ne counts as presented be accepted. Those in favour please hold up their banda. Against? Carried The annual general meeting of ananimously.

the Hongkong Land lovestment Mr. F. Maitland-I bave much and Agency Co., Ltd., was held at pleasure in proposing the renoon to day at the offices of election of the Hon. Mr. D Masera. Jardine, Matheson and ed by Mr. Hongh, that the report Landale and Mr. C. 8. Gabbay 88 Co., Ltd., the Hon. Mr. D. Landale and accounts as presented be directors..

presiding. There were also pre-adopted. Those in favour please Mr.Fyfa: beg to second that. sent Sir O. P. Chater, the Hon, eignify in the usual manner. The Chairman:-Proposed by Mr. E. Shellim, Mesars. O. 8. Three against? "Carried un Mr. Maitland and seconded by Qabbay and G. W. Barton, Lanimously. # Mr. Fyfe, that the Hon. Mr. directors; Mr. Shelton Hooper, Mr. H. W. Looker:-I beg to D. Landale and Mr. O. S. secretary; and Mears. T. F. propose the confirmation of Mr. Gubbay be accepted. Those in Hough, H. W. Looker, L N. Barlos and Mr. Widmann at favour please hold up their hands. Leefe, Ho Fook, A. F. Arculli, direstore.. Against? Carried unanimously. M. S. Northcote, D. K. Mcss and:

Mr. Northcote bag to pro-H. P. Smith, ahareholders. pose that Mr. A. C. Hynes be The Seuretary having road the re-elected auditor at a remuner ation of $50 for the coming year. Mr. Shepherd: I beg to second that.

Mr. Ho Fook-I beg to second

that.

Mr. Ho Kom-ong:-I have much pleasure in seccading the id option of the report and accounts. The Chairman:The adoption of the report and accounts is now before the meeting, if any share holder has any question to ask. There being no questions, the adoption of the report and ac counts has been proposed by myself and seconded by Mr. Ho Kom-tong. Tobe in favour please signify in the usual way. Those against ? Uburied up animously

Mr. Shelton Hooper I beg lo propose the re-election of the Hon. Mr. E. Shellim and Mr. Ho Tung as directors,

Mr. B. P. Smith-I beg to sce-nd..

Mr. A. M. Pritchard, charge. men of founders at the Royal

the compradore entered in his book eight cents for two lbs. of sweet potatoes, which was one cit per pound above the price sol our in the published lista,

The defendant eaid that the complainant's cock asked for. aight centa' worth of swest potatoes and received them.

His Worship will that the Ordinaros had to be strictly followed, and fined the defen lant $25, or, in default, on math's hard labour.

DAY BY DAY.

Latest Advertisements.: A. vacancy occurs at the Dia. Ceann Girls' Sobool for a trained teacher-Page 5,

On the 5th inst,, Mr. G. P. Lammert is selling tweed and serge suit longths.--Page 5.

The Chairman-Proposed by notice convening the mat ting, the Mr. Looker and reconded by Mr. Chairman said: Gentlemen, In Ho Took that the election of submitting the "reports and ac Meeta. Barton and Widmann be The Chairman:-Proposed by counts which are already in your confirmed, Those in favour please Mr. Shelton Looper and seconded The Chairman:-Proposed by possession, I will, with your ap- eigaily in the usual manner. Those by Mr.Tercy Smith that the Hon. Judgment Reserved.. Mr. Northcote and seconded by proval, take them as read. The against ? Carried unanimously. Mr. E. Shellim and Vrlo Tung The action in which Mos¿TE. Mr. Shepherd that Mr. A. net profits for the year show an Mr. T. F. Hough I beg to be appointed dirot:Those Lawran and Company were sued Hynes be re-elected as auditor, improvement to the extent of propose the re-election of the Ilon. in favou please hold up their for $1,000 under an agreement, Those in favour. Against? $73,185 48; of this amount $58,- Mr. E. Shellim and Mr. C. S. hands. Againet? Carried and which was adjursed in the Carried unanimously. That is all 303.39 is the profit made on sales Gubbay as directore.

animanely.

Summary Court, yesterday, wis| the business, gentlemen; think of property and $33,483.15 is the Mr. Arcolli beg to second Mr. Ho FookI beg to pro continued to-day. At the conclus you for your attendance.

incresce in our rental accounts. that."

pose the re-election of Mr. H. P. ion, hie Lordship reserved jadg Against this there is $18,373.41 The Chairman Proposed by Smith and Mr. A. O'D. Gourdin ment... The Hongkong Central Estate, for increase in the debit interest. Mr. Hough and seconded by Mr. as directors at a remuneration of

The annual general meeting of At the beginning of the year, Aroulli that the Hon. Mr. Shellim $50 each per annum. the shareholders in the Hongkong we brought forward $9,550,68, and Mr. C. 8. Gubbay be re-elected

Mr. Lo Cheung shiu:-I beg to Central Estate, Ltd., was held this and after paying our usual divid directors. Those in favour. second that. morning at the offices of Mesere end of 7 percent, we are enabled Against? Carried unanimously. Jardine, Matheson and Co., Ltd., to carry forward $70,340.01, a Sir O. P. Chater residing. There rosult you will no doubt deem

satisfactory. were also present the Hon. Mr.

The amount at which our D. Landalo and the Hon. Mr. E. Bhellim, directors; Mesers, landed property standa in our bonkais 30,706,142.03, as against Hoopt, secretary; O. S. Gabbay, H. W. Locker, $6,362,808.61 in the accounts for

Shelton

Ltd.

.'

The Coal Case. The hearing of the oase, in which two Chinese are charged with being in palawful possession The Chairman:Proposed by of brignettes, the property of Mr. Ho Fook and seconded by Mr. Messrs. Jardine, Matteson and Lo Choung-shin thut, klesars. H. Co., was resumed this afternoon, P. Smith and Mr. AOD. Gour the proceedings not having con dia bere-eleated. Those in favour, oladed when we went to press.. Against? Carried ananimously. Thatisall the business, gentlemer; thank you for your attendance.

TO-DAY'S ADVERTISEMENTS.

DIOCESAN GIRLS SCHOOL,

W KOWLOON.COM

Mr. L. N. Lelo-I beg to pro poso the election of Messrs. I.P. Smith and A. C. Hypes as auditors. at a remuneration of $500 each.

Mr.D. K. Moss-I have math pleasure in seccoding that.

The Chairman Proposed by M. S: Northcote and J. H. N. the previous year, for, although Mr. Leefe and seconded, by Mr. we sold some properly, we have Moss that Messra. Percy Smith Mody, shareholders.

The Secretary having read also acquired a valuable property and A. C. Bypes be elected Port of Sourabaya. the notice convening the in the central district,⠀⠀

auditors. Those in favour pleaseThe receipts of the customs at A. vacancy will occur in March meeting, the Chairman said:- Out of the total value of our signify in the usual way. Against? Sourabaya over the whole year for a trained Teacher-Apply to Gentlemen,The balance sheet properties, $6,469,895.00 repre- Curried unanimously. That is all 1914 amounted to a total of the Eestruistress at the School, and report baving been in your sente properties fully developed the business gentlemen thank fü 148,000, or six hundred thou King's Park, Kowloon. hands for some days I will, with and $239,748 78 properties in you for your attendance. Dividend aand guilders less than in the warrants will be ready on appli- preceding year. There are, how yourpermission, take them as read, coures of developmezt.

Repairs. All the Company's cation to-morrow morning. ever, various indications that the The company only having been

trade of the portis gradually formed seven months ago the properties have been kept in acconals to 31st December, are repair and the cost of these The Hongkong Land Reclamation reviving

The Late Sir. J. P. Rodger, only for that portion of the year repairs, which in one instance Co. Ltd.ediff

The annual general meeting of and the net profits made therein was the re-roofing of a house at

some memorial tablet has been amount to $44,163.73, oat of an expenditure of about $7,000, the shareholders in the Hongkong Iroh, January 21.A hand-the 5th February, 1915, com-

have all been charged to. Working

Land Reclamation Company, Ltd., erected in All Saints Church, which it is proposed to pay a Account. It necessarily follows was held this afternoon at the Taiping, to the memory of the dividend at the rate of a

offices of Meesre. Jardine, Mathe-late Sir J. P. Rodger, Resident that as we increase our holdings and Co., Lld., the Hon. Mr. successively of Palang, Selangor little over 7 per cent. per

amount expended in the annum, or $4.00 por share maintenance of property mast D. Landale presiding. There and Perak And Flatterly the cent per ahere which on smount increase proportionately were also present Sir C. P. Chator, Governor of the Gold Const

the Hon. Mr. E. Shellin, and Mr. Straits Times, Mortgages. During the past S. Gabbay directors Mr M of the broken period of a year

thus avoiding a fraction of one

the

PUBLIC AUCTION. HE Undersigned has received instructions to soll by Public Auction on

FRIDAY

mencing at II a.m. at his o Sales Rooms, Duddell Streetz:

A Large Quantity of Serge & Tweed Suit. Lengths,

On viow from Thursday, the

Terms: Cash on delivery..

GEO. F. LAMMERT

Auctioneer,

4th February

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