1916-02-01 — Page 8

THE HONG KONG TELEGRAPH.

HONGKONG

EXTRA

HONGKONG, TUESDAY, FEBRUARY 1, 1916

COMPANY MEETINGS,

The West Point Ballding Com Ltd.

The twenty-eighth meeting of the shareholders of the West Point Building Company, Ltch, was held at the offices of Massza Jardine, Matheson and Co, today at 11.30 am. for the purpose of receiving the report of the directors, together

with a statement of accounts for the year ending December 31, 1915. The chair was occupied by Sir Paul Chater, C. M. G., those also present being the Hon Mr. David Landale, Mr. J. C. Bennar, M. C. S. Gubbay Directors), MS Nortboote (acting Secretary), and Messrs. H. W. Looker, A. A. Fyfe, F. Maitland, E. J. Chapman, and E. B. Shepherd (shareholders.)

The Acting Secretary having read the notice convening the meeting.

The Chairman said:-Gentlemen,

-The report and statement of ae- counts, together with the anditor's

copo, having been in your posses-

sion for some days, may be taken as read. The figures for the year under review differ but very slightly from

those for 1914, and the usual divid- end of $4.05 for shares has been easily maintained, with a slightly increased sam from that of last year

to caxy forward. The present les bext March, and it will be of inter-

see's term expires at the end of

est to shareholders to know that a

The Hongkoar Central Estate, Ltd.

The second ordinary meeting of shareholders of the above company was held at the offices of Messrs. Jardine, Matheson and Co., this morning at 11.45. The chair was on cupied by Sir Paul Chater, mid- among these also present were the Eod. Mr. David Landale, the Hot Mr. E. Shellim, Dr. J. W. Noble, and Mr. Q & Gabbay (directors), Mr. M. S. Northoots (Acting Secre tary), and Messrs. H. W. Looker, A A. Fyfe, and E B. Shepherd (shareholders)

The notice of meeting having been read by the Acting Secretary

The Chairman said: Gentlemen, -The report and balance sheet, with the auditors' report, having been in your hands for some days, may The period now be taken as read. under review covera & full year's against only seven working a months in the previous account, and is therefore not of much use for par poses of comparison. It gives you, however, a fair indication of what may be expected from year to year, sad as you see, we are paying.& dividend of per cent. for the year, as we did for the first seven months pleased to be able to state that so of the Company's life.

I am

those also present were Sir Paul Obster, CMG, the Hon. Mr. F. Shellim, Mr. H. P. White, Mr. 0. 8. Guhbay (Directors), Mr. S H. Northcote (Acting Secretary) Messrs. H. W. Looker, Ha Fook,

& Fyfe, L N. Leefe, E. J. Chapman, E. Seth, Lo Cheang shui, N. E. Anger and E. Bruce Shephard (ahareholders).

The notice soavening the meet- ing was read by the Acting Secre

after which The Chairman id=-

SHARE MARKET QUOTATIONS.

Up to the Minute.

Unions.

$912, sales and buyers. Douglasa. $124,

buyers. Shella-90-, sales and

buyers.

Star Ferries. ---- $361

bayers.

Hongkong Hotals.

$112, bayers. Ewo- $148, buyers. Shanghai Ustons-The

90, bayers. Cements-$10,bayers. Langkata TL 38,

buyers. Tramwaya-$5 60. Waterbosta-$16)-

Mr. Leefe:-I

STEAMBOAT CO. DIVIDEND.

The directors of the Hongkong- Canton and Macao Steamboat Co. Ltd, recommend a dividend of $1 per share, leaving $2,378.43 to be carried forward.

HARBOUR OFFICE.

Masters Mates and Englacers'

Examination.

The following are the results of the above examinations, held at the Harbour Office during the

outh of January, 1916--

Hugh James Chubb, for 2nd Mate, passed on the 5th January, Artbar Challoner Nixon, for 2nd Class Engineer, passed on the 6th January.

Joseph Welch, for 2nd Class Branch to be formed in Hongkong Engineer, passed on the 6th

OVERSEAS CLUB.

BR.4

There

an enthusiastic gathering last night of members that of the Overseas Club and others

Gentlemen-I propos, with your permission, to take the re-

have been in your hands for the part and balance sheet, which past week, as read. The net pro- fits for the year under review mount to $342,311,11 as against $450,858.41 for the previous year, decrease of $10,547.30. This is accounted for largely by the that there have been fact no gales of property Caring Mr. B. Percy Smith and Mr. Ho consider the advisability of 1915, whereas in

1914, the Bernard Brown be re-elected andi- forming a permanent branch in derived from

this tors st a remuneration of $500. Hongkong. profita source amounted to $56,303,39, and is further explained by & The Chairman :--Will those decrease in rents of $16,256.95, due partly to the loss of rents derived from the properties sold in 1914 and also to loss of rents from European properties rendered vacant from war ·Cânses, the

estimated rental derivable from

far, with one exception, rents cae such at present vacant, being to the Company from enemy leases have been promptly and fully met,

and I trust will continue so to be until such times as their tenancies run out, when we must hope that new tenants will be forthcoming may further state that with regard to the exception mentioned, the amount remaining due and unpaid

Some

$2,800

per

***GSUSCR

While interest derived from

propose

Mr. Asger:- beg to second,

in favour please signify? That is carried. That is all the busi

a gentlemen. The dividend warrants will be ready to-morrow,

on application.

The Hongkong Land Reclamation

Company, Limited.

The fifteenth ordinary meeting of shareholders of the above com-

mortgagee and investments in pany was held to-day at 12.15 kindred land Companies shows p.m. at the offices of Messrs. an incrasse of $17,581.47, on the Jardins. Matheson and Co., Ltd. other hand, interest paid out is The Bon. Mr. David Lendale

Mr. H. E. Playfair, presided, and, after outlining objects of the Club, said that museting had been called with the idea of organising the members in the Colany. This -was only in the light of a prelim-

inary meeting, and they hoped

to

form a committee which would be able to confer with Mr. Bryan, the Hon. Secretary, and repart on the matter at a future date.

An outline of the history of the

Bryan, who dwelt on the valuable work its members had accomplish- ed since the ontbreak of war, not the least being the work they had three seroplanes. Moreover, he be

Club was given by Mr. J. J.

"new lease has been arranged with of the firm in question, and will, 104177. Out of the total value of (Directors), Mr. E. B. Shepherd one in Hongkong in providing |

other parties at a considerably in creased rental riz 87,950 per

has been sämitted by the liquidators

am confident be eventually paid

with regard to the Fem Repairs to

actual amount expended during the parties to complete the lease have been signed, and a deposit to the star was slightly over 86,000, which spm incinded the cost of an entirely amount of 85,000 as security therefor

new root to No. 8. Des Fox Road, paid over; upon completion of the agreement the balance of the securi-Central, an unforseen outlay of some ty, to the full amount of 80,000,$4,300, an item of expenditure which will not occur again. Against this will be forthcoming. The property the sum of $2,500, received from the will, of course, have to be put into vendors on the formation of the thorough repair, for the new lessees

building, and shown in Suspense Account in the account of 1914, has now been appropriated I am pleased to say that, with the ex- ception of one godown, we have practically no vacant foces

a

January.

ایک

Alexander Walters Barclay, for 2nd Class Engineer, passed on the 7th January

Edward Vincent Nicolay, for 2nd Cises Engineer, passed on the 13th January

Albert Alexius Laurita Nielson, for 2nd Mate, passed on the 19th January.

Harry Giffard, for 2nd Mate, passed on the 25th January.

Charles Al-xander Belletty, for 2nd Cises Engineer, passed on

the 27th January.

Blackett Douglas Robinson, for 2nd Class Engineer, passion

the 27th January,

ROYAL GIFT BOOK.

A Most Attractive Publication.

The keynote of "The Queen's Gift Book" which Messrs. Hodder and Stoughton have pablished in aid of Queen Mary's Convalescent Auxiliary Hospitala is to be found in a phrase from Mr. Balfour a

The Pleasures of Reading" with which the book opens "The best methods of guarding against, the danger of reading what is useless is to read only what is intereste ing. It is hoped that every member of every family will find something really interesting in this Royal Gift Book.

A glance at the contentswill, we think, prove that this hope is more thar justified. In a most moving and charming preface Jobn Galsworthy tells of the workandng those who have lost their limbe in the War,he work for which the book is published. The need is very great, for on November 1st last 2,400 cases were on the Hospital Register, and 1,250 patients ready or nearly ready to be admitted. These numbers do

not take into account the amputa- tion cases since August last, of which it is feared there are a great

number.

There follows "The Pleskires of Beading. a kind of general

#

foreword to the whole book from

THE SCHOOL HOLIDAYS- the pen of the Right Hon. Arthur

pan

Breaking-Up Programme at

Salylagpua.

»

so that, although we may expect to Company for repairs to lifts and letting off much of the latter. profita for the year amount to bearing the name of Hongkong. Mr. Tan Ho, they were entertain... besatifully illustrated, in the

see an increase under the heading of repairs to buildings in our balance sheet for 1915, on the other hand we shall see a far larger su standing to the credit of Bent Acceart and we may, I think, confidently look

James Balfour, sad them a de- liciously humorous store by Sir J. M. Barrie entitled "The New increased by $22,537.34, our in-presided, those also present being

Dramatis, s stirring piece of vestment in property having risen Sir Paul Chater, C.MG., the Hou,

romance by John Booban, sad a from $6,709,142.68 to $7,224, Mr. Shellin, Mr. C. & Gabbay

very touching picture of cat and dog life which will appeal to all our properties, $6,829,813.03 re-Acting Secretary) and Mear

On Monday, the Government saimal lovers by the famona presents properties developed and A. A. Frie, M., S. Norcose, Ho Reved that the members were the District Schools closed for the novelis. E. F. Benson, and a mensem. Documents binding the Property, I would say that the revenue earning, and, as you will Fook, E Seth, Lo Cheung-ar, firat to send any tobacco home New Year vacation. As Saying-whimsical sketch of country life

Maxwell

to the soldiers under any fond 368 from the amount at credit Ho Kom-tong, and

the following was the by J. E. Backrose, author of of Bent Account, give a return fhareholders).""

He was now going to make a programme for the day: The "Down our Street. * The Acting Secretary read the further appeal to their generosity distribution of something over 7

per cant.

Other contributors to the book of meeting, following to provide

of the halfyearly During the year, two new blocke notice

bed, or beds, and reports was followed by an ad- are Hall Caine, Ethel Dell, Cozzan maintain them at Netley Hospital dress, after which the School Doyle, Mra de la Pasture, Sha were completed and handed over, which

The Chairman said; Gentle for the wounded soldier. The was dismissed for the morning. Gilbert Parker, John Oxenham one on the Prays East and one in Wongnaichong Rosd; the former men,I am sure you will agree coas per bed per annum would a re-assembling, the boys were Joseph Bocking, Mr. Humphrey is now fairly occupied, bat we in taking the report and accounts only be £50 odd, and he was rare marched to Queen's Road Wear, Ward, and many other leading have not so far succeeded in now before us as read. The set they would like to have a bed where, through the generosity of writers. The publication Several of our large leases of $55,389.25. No sales of property Their neighbours at Shanghaied to a free cinematograph per frontispiece being a painting of Chinese property in the Wanchai have been made during the year had provided two and he was lomance, which prozed bath Her Majesty the Queen in the district fell in during the year and and our investments in mort told they were well on with the instrucure and amusing. On their Garter Robes, by William new leasee have been made a gagra have been incressed by third. Although the objects of return to School, they had a Llewellyn, AR A, while the remunerative rates. This has $41,000. The lease of our small the Club were not so much for tea party, and, through the kind- portrait of His Majesty in naval With necessitated the properties being house property at Yaumati was the benefits which the members mess of our local firma, each uniform is that presented to the these remarks I beg to propose that overhauled and renovated, which renewed for a further three years themselves obtained, yet he might boy received a tin of Neade's Queen by the Marys of the the report as presented be passed secounts in part for the increase at a small decrease in rent. Rents mention they did get some advant- coffee and milk preparation. The pure as a Coronation gifs, and

Mr. Looker: I beg to second that. shown ander some enquiries had been made from

The Chairman:-It has been pro repairs to house properts.

the beading received from storage on vacant Ages. There was fine. Club in tes was followed by an entertains painted by 4. S. Cope, B. A. parties desirous of acquiring the

grand show a falling off, as stocks London where members at Home mens given by the masters and who also painted the portrait of property and we have had further posed by myself and second by may mention that a lease of all ofcoal and timber have been much would go, and Mr. Mead, who had boys, and consisted of a miscel E. R. . the Prince of Wale such during the year which have Mr. Looker that the report and ao

our remaining Chinese property smaller during 1915. We continue been on the premises recently, laneous programme of short plays, which is included in "The Queen's not so far reached a figure your counts be accepted and passed

in the Hanghom and Taumati to pay the usual dividend cf7 per would perhaps give them a de citations, songs, and instra Gift Book" These notabl Directors deem suficiently high to shall be very glad to consider. With these remarks, I beg questions that any gentleman would districts has been arranged, com- cent, upon the paid-ap capital,scription.

mental music. A vary successful paintings are all in Buckingham to propose that the report and Lite to put to me. There being no / menring early this year. The carrying forward some $14,000 Mr.J. H. Mead gave-a glowing | day was brought to a close by the Palace, and have been specially statement of accounts be adopted questions, I beg to put the resola Company's holding in shares in less than in the last secouat. sccount of his visit to the Clubfining of long string of crackers, photographed there for reproduc

kindred Companies has increased Before proposing the adoption of premises in London, and said it The performance is being repessed M. Maitland: I have much plestion which has been proposed by

every member 10 sure in secording the adoption 1yself and seconded by Mr. Looker. by $10,588.25 and the income these accounts, I shall be pleased tored

far the benefit of the parents and. an sare all the shareholders will be Those in favour, will they please derived from this source and to answer any questions share wear a badge, for they would be

guardians of the pupils. satisfied with this statement, show hold up their band? Those against mortgages amounts to about 64 holders may desire to put. There sure to find some people at Home per cent, Commission Account, being no questions, I beg to pro-who had no te for those from ing the steady progress of the Com- That is carried manimously.

The Chairman:-The next busas foreshadowed last year, has pose the adoption of the report abroad, but they would always pazy and the prospect of looking

and accounts. forward to increased dividends. I ness is the re-election of & director. increased.

find a friend in member of the No progress has been made dar- Mz. Ea Fook:-I beg to second. Overseas Clab and by wearing a ing the year with the Prays Esst that.

badge they would be identified se Reclamation Scheme, in which The Chairman-It has been belonging to the same Club. The we are largely interested, owing proposed by myself and seconded premised were very fine and an to the war conditions prevailing by Mr. Ho Fook that the report exceedingly pleasant bour could I beg to propose that the report and accounts be adopted. Those be whiled away at the Club, and socounts be accepted sa in favour? Those against? That where there was also a ladies presented.

is-carried unanimously. The next business is the relection of director.

forward to larger dividends in the future. I mentioned last year that

****

sure that we owe our thanks sand congratulations to the directors for having locked after our interests so well in the past.

The Chizirman:-If any sharehol- der has any questions to ask, I shall be glad to answer them to the best of my power. There being no ques tions I will put the resolation pro- posed by myself and seconded by Mr. Maitland. These in favour These against? That is carried un animously.

I

ENAWET STY"

Mr. Gubbay:-I beg to propose that the Hon. Mr. David Landale be re-elected as director of this

company

Mr. Northcote-I beg to second that.

The Chairman:-It has been pro- posed by Mr. Gabbay and seconded

A

Mr. Lo Cheung-shui pro by Mr. Looker that the report and Gabbay and Sir Robert Ho Tang proposed by myself and seconded pose the re-election of Mr. S. accounts be accepted. I shall be as directora.

by Mr. Northcote that Mr. Landale Mr. Looker I beg to secand be re-elected a director of this Com-that, pany. Those in favour? Those The Chairman-It has been against? That is carried.

Mr. Northcote-I beg to propose The Chairman:-The next bas-that Mr. H. Perey Smith and M Deas is the election of directors.

C. Bernard Brown be reappointed auditors at remuneration of $75. Mr. Shellim:-I second that. Ma Fris:-I have pleasure, in of that proposition? That is carried The Chairman-Those in favour seconding that.

unanimously. That is all the busi The Chainian:-Those in favour?ness, gentlemen. The dividend war- That is curried, "'

rants will be ready to-morrow.

M.. Lookers-I beg to propose that Sir Paul Chater and Mr. J. W. O. Boxer be re-elected directors.

Mr. Bonnar: I beg to propose that Mr.. H. Percy Smith be re-elect- ed anditor at a remuneration of 230. Mz. "Notheote :-I beg to second that

The Chairman:-Those in favour, will kindly hold up their hands Those against That is car ed unanimously. The is all the hnéinées - gentlemen, thank you for rous attendance The dividend war rasta will be ready to-morrow.

The Hongkong Land Investment

and Agency Co., Ltd."

FOOTBALL

tion in four colours in this book Altogether, "The Queen's Gif Book is a marvellous production for half-a-crown. Everyone who buys it will have more than fall value for the money he speads, and will in addition be helping splendid cause. As Mr. Gale worthy says in his Pralace, In the name of the Lady, dear to Kagland, who watches over this work, it is my pivilege to sak that we fail not our honour in this ́matter. However little these Stoici These team will meet on Satur- make of it now theirs is an abid- It was proposed by the Chair- man, and second by Mr. Oxberry, day, February 5, kick off at 4ing sacrifice, an abiding grial. thas a branch should be formed p.m. The Hongkong teams in We are deep in their debt. All

with acclamation.

Hongkong, and it was carried J. Rodger; FW. Black, J. that we can, shall we not cheer-

McCubbin, M, L Railton, fully repay?" Stewart, T. B. Chaseols; G. A. Robinson, W. A Viveash, J.. Walker, L. E. McTavish and J.

room

Messts.

Mead, T. Smith, glad to answer any questions The Chairman: Those in Eldridge and Dawson were ap which the shareholders wish to favour of that will the kindly pointed on the committee to act sak. There being no questions, I signify. That is cazried. The with Mr. Bryan. in favour please signify in the saditors. will put the resolution. Will those next business in the election of

nenal

The secretary handed to severa}" members of the Club nest.little badges as a small momento of the valuable and "-strennous services they had rendered - in raising money in connection with the Aircraft Fund.

H. K. F. C. v Shropshires.

Stalker.

CRICKET.

The following wil represent the best v. HK Q. O. on Thore day, February 3 at 10 am.-B.

way?: Those against? Mr. Lo Cheung-abni I beg to That is curied. The next business propose the re-election, of Mesura, is the election of a director, H. Percy Smith and Bernard pose that Mr. H. P. White be re-aration of $50 each,ssé

Mr. Bo Fook I beg to pro- Brown as auditors at a remun-

elected a director.

Mr. Ho Kom-tongs-I beg to Mr. Fyfe-I second that, second that, The Chairman-It has been The Chairman (d) proposed by Mr. Ho Fook and favour? That is carried. That is bed with 850, and, judging by O. Bird Capt), Major Robert seconded by Mr. Fyle that Mr. E. all the business geztiem thank the enthumasticmanner in which today at 2000,

P. White be re-elected a director, you, for your attendance. The the project was received, the The chair, seas,ocompied by the Those in favour? Those against ? dividend warrants will be ready desired

amount will shortly be Hon. Mr. David Landale and That is carried musnimously.

The twenty-eighth ordinary meeting of shareholders in the above Company was held at the offices of Hewers Jardine, Mathe son and Co., Ltd -

Prior to the closing of the meeting, Mr. Crow headed the in subscription list for the hospital

ou, B. C. Witchell, G. E. Marley K. Brayshay, F. Redmond, Braga, B. D. Frans, F. Pons A&W.Hamilton and J. Ro

LATEST SHIPPING:

NEWS

MOVEMENT OF STRAMERA. The C.P. B. LL: MONGAGLE szíved Yokohams on Monday the 31st Jan, si 10am. Jaft Yokohama on Monday the Sixă January, at midnight, durto szíva Kobe on Wednesday the 2nd Fah, as da right.

TO-DAY'S WADVERTISEMENT.