1921-11-16 — Page 10

NEW

ADVERTISEMENTS.

Don't Forget the Kowloon

THE HONGKONG TELEGRAPH. WEDNESDAY,” NOVEMBER 16, 1921

Fair on Saturday 19th, at Chate CITY HALL

Bungalow. Open from 1.30-7.30 p.m. 8.30-11 pm.

TO BE LET.

Third Piano Recital (Romantics).

given by

TO LET About March next, HARRY ORE

six roomed house in the Bowen Road. Can le divided into two self contained fats. Apply J. Caer Clark, architect, 14 Queen's Road Centzat:

TO LET.-Ona office in No. 4 Queen's Road Central to be lat For particulars apply to Bank of Chins.

FOR SALE.

FOR SALE-HUDSON SPEED- STER CAR 1920 model, four Seater wire wheels, with two extra wheels and tyres, spot light, two electric horns: converted to Magneto ignition, very powerful hill climber Price $5000.-Apply Speedster co "Hongkong Tele- graph**

FOR SALE.-7. SEATER CADILLAC CAR Splendid

On Monday, arst November at 5.30 p.m. sharp. LADY STUBBS

I will honour the recital with her presence.

Booking at ANDERSON'S.

SOCIETY OF ST. VINCENT

DE PAUL.

THE BAZAAR COMMITTEE

begs to appeal to the ladies of

Hongkong for gifts of

SOUVENIRS OR PRIZES

for the

38th ANNUAL AL FRESCO FETE

Condition-Going a Real Bargain.

Apply Box So 624, Hongkong to be held on the 4th December. Telegraph.

LOST.

LOST A: M. C. L. Bazaar on 12th. instant. Gold Safety Pin Brooch with Cats Eye inset Will finder please return to F. M. Crawford, eo Lane, Crawford & Co.

ROYAL, HONGKONG

YACHT CLUB.

All gifts will be gratefully received and acknowledged.

Farcels should be sent fis

Mr. J. M. NORONHA, cio Credit Foncier d'Extreme- Orient,

Princes Buildings

OT

Mr. F. H. BARNES,

Notice is hereby given that an 14, Humphreys Arenue, Kowloon-

Extraordinary General Meeting will be held at the Club House, North Point, on Saturday Novem- ber 19th at 5.30 p.m. to confirm the resolutions passed a the last Extraordinary General Meeting. The meeting will take place at about 330p.m., or immediatels after conclusion. of the day's racing.

A. G. LAMPLUGH.

Hon. Secretary.

PUBLIC AUCTIONS.

THE Undersigned have received instructions to sell by Public Auction on

Thursday, the 17th Nov., 1931 commencing at 11 am. at their Sales Rooms, Duddeil Street

5 bales Printing Paper 37 x 50;

80 lbs, to ream

6 cases Tinned Meat

cases Licorice Roots

Terms: Cash on delivery.

LAMMERT BROS.

* Auctioneers.

THE Undersizzed bave received instractions to tell by Public

Auction on

Thursday, the 17th Nov,, 1921 commencing at if a.m.

at their Sales Rooms, Duddell Street

3 cases Black Calf

4 bales Brown Calf

2 bales Sole 1 eather

3 cases Cotion Thread 160s

100 dozen Caps

50 dozen Felt Hats

2 cases Needles

1 case Envelopes

115 dozen Gothic Handles and

Roses

70 dozen Lifting Handles

50 dozen Escutcheons

5 dozen Shovels

Terms: Cash on delivery

LAMMERT BROS,

Auctioneers.

THE Undersigned bave received instructions to sell by Public Auction on

Monday, the arst Nov., 1931 commencing at 2.45 p.m. at No. 1 Broadwood Terrace A Quantity of Valuable Household Furniture

(Full particulars from catalogue);

On view from Saturday the 19th. November 1921

Terus: Cash on delivery.

LAMMERT BROS,

Auctioneers.

ITALIAN CONVENT.

BAZAAR-BAZAAR--BAZAAR On Saturday, 19th November, 1931, and the following day, Commencing each day at 10 am. Useful and Fancy Articles. In a large variety of style.

SOLVESIR TICKETS.

THE AGLER. ELECTRIC POND. STAR SHOOTING. BELL SHOOTING.

Children's Stalls of Xmas To5s, Dolls, Balls, BIC.

All are cordially invited to attend.

THE STEAM LAUNDRY CO., LTD.

NOTICE IS HEREBY GIVEN that an Extraordinary General Meeting of the Steam Laundry Company Limited will be held at the Registered Office of the Com- pany, Alexandra Building, Vic-

toria Hongkong, on Wertoesday the 30th day of November 1921 immediately after the previous Extraordinary General Meeting of this Compary convened for the same date when the sub-joined resolution will be submitted for the purpose of considering and if thought fit passing as an Ordinary Resolution, the following, name- Ty

NOTICE

The OCEAN Accident & Guarantee Corpora-

tion, Ltd. of London, England, beg to announce that they have appointed

Messrs. DODWELL & Co, Ltd, 2, Queen's Buildings, as Principal Agents to the Corporation in Hongkong.

The OCEAN Corporation is prepared to entertalo proposals" for MOTOR CAR (Private & Commercial), MOTOR CYCLE, PER- SONAL ADVID NT, PERSONAL ACCIDENT & SICKNESS, FIDELITY QUARANTEES, EMPLOYEES BENEFIT, BURGLARY, LIFT, GENER- AL THIRD PARTY, FLIGHT RISKS, etc.

The OCEAN Aasets exceed Claims Paid exceed. Eastern Head Office:

Manager -

£ 7,400,000 £25,000,000

Cbartered Bank Chambers, SINGAPORE) ALBERT C. FALL.

THE STEAM LAUNDRY COMPANY LIMITED.

FOR SALE or TO LET.

THE RESIDENCE “KENL ́S.T

NOTICE IS HEREBY GIVEN that an Extraordinary General

At Mount Kellet, Prak. Area Meeting of the Steam Laundry 12,956 Square Feet. Possession, Company Limited will be held at 1st January 1922-Apply Box No. the Registered Office of the 523 c/o "Hongkong Telegraph." Company Alexandra Buildi. g. Victoria, Hongkong, on Wednes- ; dav, the Thirtieth day of Nor., | 1921, at noon, when the subjoined Resolutions which were passed at the Extraordinary General Meeting of the Company held on the Fourteenth day of November 1921, will be submitted for confirmation as Special Resolu tions -

(1) That it is expedient to effect an amalgamation of this Company with the Hongkong Hotel Company Limited and with a view thereto this Com pany be wound up voluntarily and

FOR HAIPHONG AND HOINOW.

Ritzyskie Turning,

Fasle for fagkong and Waiphong tracy

The favourite passenger sommer HAL-MUN

(Capt. Charles E. Page). Theke "Human" wil leesy fisarkose

laiphong via Banane at Nava, 1st Sur, 1-2. Apply Thos. Cook xad Songne Pu Hồng Txi. 11, Wing Lok Street

IN THE MATTER OF THE HONGKONG MERCANTILE CO., LT IN VOLUNTARY LIQUIDATION.

=

NOTICE TO CREDITORS OF

MEETING.

M. FERNANDEZ.

Liquidater. Hongkong. 12th Nov., 1921

HONGKONG BOXING

ASSOCIATION.

that Charles Bernard Brown of Messrs Linstead and Davis be and he is hereby appointed Liquidator for the purpose of such winding up.

the (2) That

conditional

In pursuance of Section 187(2)of Agreement submitted to the the Companies Ordinances 1911-; meeting for the amalgamation 1915, wotice is her by given that] of this Company with the

meeting of creditors in the Hongkong Hotel Company above matter will be held at 7] Limited upon the terros (inter Queen's Road Central, Hong- ain) of the acquisition by the kong on Monday the Twelth day Hongkong Hotel Company of December. 1921, at twelve Limited of the complete under- o'clock noon, at which the Liqui- taking, business, grodwill, and dator will lay before the meeting property of this Company is an account of his acts and deal. return for the issue to thisings and of the conduct of the Company of 8,000 Eight winding-up during the preceding | thousand) sheras of the Hong-year. kong Hotel Company Limited of the cominal value of $10 each credited as fully paid up and the payment of $10,000 by the Hongkong Hotel Company Limited to Messrs. Linstead and Davis, the General Man- agers of this Compans by wir of bonus and compensation for loss of office BA General Managers of this Company by First TOURNAMENT of Season. ressoo of the transfer of the business, property and under- taking of the company to the Hongkong Hotel Company Limited and in consideration of the payment to Edward John Chapman, the Manazing Director of his Company of $1,000 to William Sampel Brown & Director of this Com- pay of $1.000 and to Charles Bernard Brown, the Secretary of this Company of $1,000 by way of boats and comrenza- tion for their loss of office as Managing Director. Director and Secretary respectively by reason of the aforesaid amalga- mation be and the same is hereby approved and the Liquidator be and he is hereby authorised pursuant to Section 185 of the Companies Ordinance 1911 to adopt the said Agree- ment and carry the same into effect with each (if any) modifications either before or after the execution thereof as the said Liquidator may think expedient.

(3) The aforesaid 8,000 shares of the Hongkong Hotel Company Limited shall in parsuance of clause 7 of the aforesaid Agreement be allotted to shareholders on the register of shareholders of the Steam Laundry Company Limited on the Thirtieth day of November

1921.

"That in the event of any of the 8,000 shares of the Hong- kong Hotel Company Limited of the nominal value of $10 each credited as fully paid the subject matter of the Special) Resolution of this Company passed on the 14th day of November 1921 and confirmed this day being unallotted by

The Transfer Books of the reason of any of the share- bold re of this Company bold-Company will be closed from the ing such a number of shares as 30th day of November 1921. to would entitle such shareholder the 6th day of December 1921, to a fraction of a share of the both days-inclusive.

Hongkong Hotel Company Dated the 15th day of Nov., 1921. Limited only had fractionat

By Order of the Board. certificates been provided for iben and in that event such

*C: BERNARD BROWN, unallotted shares of the Hong-

Secretary. kong Hotel Company Limited eball be sold by the Liquidator of this Company and the net .proceeds shall be divided amongst those members of this Company who would have been

NOTICE.

MRS. FCCLES, who studied

entitled to such fractions in in Paris Berlin and Milan, is due proportions." Dated this 15th, day of Nov., 1921. Prepared to give a limited number

of lessons in singing and Training

By Order of the Board.for opera or concert in English,

C. BERNARD BROWN,

Becratury.

French, German, Particulars and terms-Apply, Peak Hotel

THEATRE ROYAL Saturday, November 26th, at 9.55 p.m. Main Event Featherweight Championship of the Colony. Tecdy Neal Hongkong.

T.

Leading Stoker Britt H. M. S. "Cairo " Prices $5-ringside) $3-(reserved)

and

Sr. (unreserved) Booking at MOUTRIES. Members only on production of Current Membership Cards). Tuesday, November aand. General Public Wednesday, November 3rd, to Saturday, November 26th.

THE COWIE HARBOUR COAL COMPANY LIMITED. SILIMPOPON COAL.

The undersigned are prepared to quote prices for best quality freshly mined SILIMPOPON COAL trimmed into Bunkers at SEBATTIK

or SANDAKAN (British North Borneo) or to contract for regular Bunker Sup- plies for 6 or 12 months at favour-

ble rates.

Steamers calling at SEBATTIK or SANDAKAN exclusively for Bunkers are exempt from pay- ment of ordinary Port Cha.ges. The minimum draft of water alongside the Company's Wharf at Sebattik is 28 feet at low water Spring Tidea. Charts of Cowie Bay (Sebattik Harbour) and any required information concerning the port can be had on applica

tion to

BRADLEY & CO. LTD,

Agants, The COWIE HARBOUR COAL

CO. LTD.

SUNFISH CAUGHT OFF FIVE. A five specimen of the sunfisb, weighing 85lb, has been caught in St. Andrew's Bay, Fifeshire,

A copy of this Prospectus in English and Chinese has been fled with the Reginitar of Companies.

1

The Subscription list will open on 15th day of November, 1931, and will close on or before 15th day of December, 1921.

THE HONGKONG HIDE & LEATHER

COMPANY, LIMITED.

(INCORPORATED UNDER THE COMPANIES ORDINANCE 1911-1921) SHARE CAPITAL $1,000,000.00

Divided into 100,000 ordinary shares of $10 each.

Of the above shares 19,710 are to be issued and credited as paid up, and as hereinafter mentioned, 56,290 of the remaining shares are now offered for public subscription, payable as follows:

$5 per hare on Allotment

$5 per hare on Application.

It is mas proposed to issue the balance of 25,000 shares until it shall appear necessary or advisable to do so (in the interests of the Company), and for the purpose of the further development of the Company's undertaking.

DIRECTORS.

Hon. Mr. LAU CHU PAK, Gentleman, Caine Road, Hongkong.

W. A. DOWL) Y, Exchange and Bullion Broker, Roco 6, Post Office Buildings, Hongkong..

M. CHAN HARR Managing Director, Sincero Company, Limited, Hongkong.

HO JACK LUM, Partner, Kwong Song Lee. Hengkung.

W. M. HUMPHR) YS, Partner, W. G. Humphreys & Co., 5, Duddell Strees, Bongkang.

BANKERS

Hongkong & Shanghai Banking Corporation. Chartered Bank of India, Australia and China, Bank of thina.

POLICITORS:-Wilkinson and Grist.

SECRETART:-Sydney Humphreys.

AUDITORS:--Percy Fmith Seth and Fleming. REGISTERED OFFICE-5, Duddell Street. ABRIDGED PROSPECTUS.

Object -This Company has been formed to purchase as a going concern the business knoWD, BJ the Humphreys Hide and Leather Works, carried on by the firm of W. G. Humphreys and Company of Nu. 5. Duddell Street, Hongkong.

Business -The business comprises the manufacture of all kinds of Leather and the dealing in of hides and skins, and of all desenptions of goods and merchandise incidental to the business of soeb nature, sad is carried on upen extensive, well-built, commedious, and modern premises situated at Mu Tau Kok, Kowloon, on Kowloon Inland Lots Nos 1267 and 640, which contgin Premises at

na area of 110,942 square feet, held under a Crown Lease for 75 years with gu Na Tan K. optio of further 75 years from the 18th day of December, 1911, subject to a Crown rent of $306.00 per annum. These premises are within the Offensive Trade Area as drined by the Sanitary Authority and a licence has been granted by the Government to carry on the business of a Tannery in all respects thereon.

-ite-The Site is ideal for the purposes of the business, ils area is ample for any future exten- sicos that may be necessary, it is situated on the main road between Hok Un and Kowloon City, and ja in close proximity to the sea front,

Balldings. The extensive buildings erected on the Property are onnstructed of the best solid brick and concrete with tiled roofs, and concrete pile and door: this type of construction ensures a law rate of Insurance against Fire,

Machinery and Motive Power. The Tannery is equipped with the most up to date Hide sad Leather working machinery. The motive power is supplied by a 100 B. H. P. Crude Oil Bolinder Engine with Generator direct ecanseted, the various processes in the Tannery being. operated by separate Electric drives from individual Motors

Water Supply.-There is an independent supply of water from a specially constructed Well on the premises which is ampla and suitable for the business.

1.abour-A plentiful and healthy supply of cheap country labour both male and female in al- way obtainable. The expansion of the business will therefore provide employment to a large number of Chinese labsurers whose increased efficiency and development is in itself sufficient to commend this undertaking to all those who bave the interests of Chinese and British trade at heart. From the fore- going facts it is asserted that from its equipment and position the Tannery has few equals.

Purposes of Formation -The Reasons of the Vendors in turning the business into a limited liability Company, are:- (a) To procure the necessary additional Capital required, in order to meet the increasing demand for their Leather. (b) To further develop the business along sound progressive lines.

TERMS OF PURCHASE.

The premises are sold to the Company subject to a charge to the Mortgagees to secure $300,000 at sa interest of $7 per ceas per annum. The Mortgage:s stipulate that $160,000 shall be repaid by the If as is anticipated the shares Company at an early date and consent to the balance remaining on lond

now offered to the public are fully subscribed it is proposed to pay off the whole debt forthwith.

Valuation of Property.-Hereunder are set forth at consertative figures the value of the property purchased by the Company and upon which the Vendors have based the purchase price. Land K.I.L. 1267 and 640-110,942 sq. feet) and Buildings thereon as valued by

$ 300,505.00 J. Caer Clark. Architect and Surveyor Machinery and Plant as valued by Robt. Hunter, of Macdonald & Co., Engineers Stock of Hides. Leather, Chemicals and Materials etc., as per valuation by S. Humphreys and certified by Edmund McGrath, Tanner, less amounts due o shown by the books

120,779,11

$55,821.05

$ 487,105,16

No charge for floodwill, ete-in as much as the undertaking is a comparatively new one. the Veadors present to the Company the goodwill of the business sad the trade marks and chops relating to their goods, which are already well known and growing in popularity rapidly..

The Vendors also claim no recompense for approximately 2 years of careful experimental work, as a result of which climatic and other difficulties have been overcome, the types of Leather most suited

to the Chinese market gauged, and exact manufacturing cost ascertained.

APPROPRIATION OF CAPITAL

The capital of $562,000 to be provided by the present issue of 56,200 shares, now offered for public subscription, is intended as regardă $262,900:

fa) To provide for the extension of the drying accommodation of Tannery.

(b) For the purpose of providing further working capital in order to finance the rapidly

increasing business.

The balance will be devoted to paying of the existing loan of $300,000 upon the security of the Property.

Dividend. It is provided by the Articles of Association that a preferential dividend of 10% per annam be paid to shareholders before any appropriation of prouts is made by the Directors to the Reserve Fund.

Contruct--The following contract has been entered into:

Contract dated the 10th day of November 1921 between W., G. Humphreys & Co., of 5, Duddell Street. Hongkong, Merchants, the owners of the properties of the one part, and Charles David Wilkinson on behalf of the Company of the other part for the sale of the business and the leasebold property registered in the Land Office as Kowloon Inland Lots 640 and 1257 together with all messuages tenements fixtures erections and buildings erected thereon.

The purchase price for the sale of the properties has been fixed by the vendors who are the promoters Of this sim $300,000 will be of the Company at $487,100, nothing.being charged for the goodwill. payable to the Mortgagees for the purpose of paying off a loan of that amount advanced to the Vendors on the security of the properties, and the balance of $187,100 will be paid and satisfied by the allotment. of 18,71 ordinary shares credited as fully paid up.

Confidence of the Fendors. That the Vendors themselves have every confidence in the undertaking is shown by the fact that they are receiving no cash consideration for the sale of the Tannery, but are accepting shares in the new Company.

Applications will be received by -Hongkong and Shanghai Banking Corporation, Chartered

Bank of India, Australis and China, Bank of China.

And Prospectus and forms of application can be obtained at the above Banks, or from:-Members of the Hongkong Stock Exchange, Members of the Hongkong Ghare Brokers Association, The Registered Office of the Company or at the offices of the Conk- pany's Solicitors, Messrs. Wilkinson and Grist, 9, Queen's Road Central, Victoris, Hongkong.

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