1921-11-18 — Page 4

NEW

ADVERTISEMENTS.

Don't Forget the Kowloon Fair on Saturday 19th, at Chater Bungalow. Open from 1.30-7.30 pm. 3.30-11 pm.

WANTED.

WANTED:-European Office assistant for Canton. Experience in Exports preferred-Apply Box 625, c/o “Hongkong Telegraph."

MANAGER (European) want-

THE HONGKONG - TELEGRAPH FRIDAY, NOVEMBER 18. 1921.

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

ed for the Seaman's Institute.to be held on the 4th December.

Applications by writing only to the Chaplain. Seamen's Institute.

TO BE LET.

TO LET.- About March next. six roomed house in the Bowen Road. Can be divided into two sait contained fixts. Apoly J. Caer Clark, architect, 14 Queen's Road Central.

TO LET.-One office in No. 4

Queen's Road Central to be let. For particulars apply to Bank of) China.

PUBLIC AUCTIONS.

THEUndersigned have received

instructions to sell by Public Auction on

Monday, the 21st Nov., 1931 commencing al2.45 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

Terms: Cash on delivery.

LAMMERT BROS,

Auctioneers.

TH HE Undersigned have received instructions to sell by Public Auction on

J

Wednesday, the 23rd Nov., 192r

commencing at 11 am.

at their ales Rooms, Dùddell Street

A Selection of High Grade Cashmere and Tweed Suit Lengths. Superior Overcoating

etc.

Terms: Cash on delivery.

LAMMERT BROS.

Auctioneers.

HONGKONG BOXING

ASSOCIATION,

First TOURNAMENT of Season.

THEATRE ROYAL Saturday, November 16th, at 9.15 p.m. Main Even: Featherweight Championship of the Colony. Teddy Neal Hongkong.

...

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

and Stunteserved) Booking at MOUTRIES, Members only (on production of Current Membership Cards). Tuesday, November aand. General Public Wednesday. November 23rd, to Saturday. November 26th.

All gifts will be gratefully received and acknowledged.

Farvels should be sent to

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

Orient,

Princes Buildings

or

Mr. F. EL. BARNES, Humphreys Avenue, Korham.

VICTORIA RECREATION

CLUB.

Regaita.

Members are reminded that the First Scratch Regatta will be held a Black Boulder Point on Sunday the 4th of December, when the following will form the Programme of events

(1) Senior Fours, (2) Junior Fours. (3) Junior Tube, (4) Beginners Pairs. For further particulars consult Notice Board.

Beginners are requested attend at the Club regularly for instruction.

to

A Launch will leave Murray Pier on the 4th of December`st 10 m. with members and their friends.

Dance.

A Subscription Dance will be

held on Friday the 25th last, at 9 p.. for members and their lady friends.

Invitations can be bad on application to the undersigned,

R. C. WITCHELL Hon. Secretary.

ITALIAN CONVENT.

BAZAAR-BAZAAR BAZAAR On Saturday, 19th November. 1921, and the following day, Commencing each day at to s.m. Useful and Fancy Articles. In a large variety of style.

SOUVENIR TICKETS.

THE ANGLER. "ELECTRIC POND.

STAR SHOOTING. BELL SHOOTING.

Children's Stalls of Xmas Toys, Dolls, Balls, etc.

All are cordially invited to attend.

NOTICE TO CONSIGNEES.

KONINKLIJKE PAKETVAART

MAATSCHAPPIJ"

From BELAWAN DELI, PENANG and SINGAPORE. The Steamship

"VAN CLOON”. having arrived from the above ports, consignees of cargo by her are notified that all goods are

HALL being landed at their risk into the

CITY HALL

Third Piano Recital (Romantics).

given by

HARRY ORE

assisted by Daniel Onderwijzer (Baritone).

On Monday, 21st

November

at 5.30 p.m. sharp.

LADY STUBBS

will honour the recital with

her presence..

15

Booking at ANDERSON'S.

hazardous and/or extra-hazardous godowns of the Hongkong & Kowloon Wharf & Godown Co., Ltd.. whence and/or from thel wharves delivery may be obtain-i

NOTICE.

The OCEAN Accident & Guarantee Corpara-

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

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

The OCEAN Corporation is prepared to entartain proposals for MOTOR CAR (Private & Commercial), MOTOR CYCLE, PER- SONAL ACCID NT, PERSONAL ACCIDENTË SICKNESS, FIDELITY OVARANTEES, EMPLOYEES BENEFIT, BURGLARY, LIFT, ORNER- AL THIRD PARTY, FLIGHT RISKS 610.

The OCEAN Assets exceed Claims Paid exceed..

£ 7,400,000 £25,000,000

Eastern Head Office Chartered Bank Chambers, SINGAPORD

Manager:- ALBERT C. HALI...

THE STEAM LAUNDRY COMPANY LIMITED.

THE STEAM LAUNDRY CO., LTD.

་་

NOTICE IS HEREBY GIVEN

NOTICE IS HEREBY GIVEN tha: an Extraordinary General that an Extraordinary General) Meeting of the Steam Laundry | Meeting of the Steam Laundry Company Limited will be held at Company Limited will be held at the Registered Office of the the Registered Office of the Com Company Alexandra Baildi. g. pany. Alexandra Building. Vie- Victoria, Hongkong, on Wednes-toria Hongkong, on Wednesday day, the Thirtieth day of Nov., the 30th day of November 1921 1921, at noon, when the subjoined immediately after the previous Resolutions which were passed Extraordinary General Meeting at the Extraordinary General of this Company convened for the Meeting of the Company held on same date when the sub-joined the Fourteenth day of November resolution will be submitted for 1921. will be submitted for the purpose of considering and if confirmation as Special Resolu- thought fit passing as an Ordinary Resolution, the following, name-

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

"That in the event of any of the 9,000 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 reason of any of the share- holders of this Company hold- ing such a number of shares as would entitle such sbarchokder to a fraction of a share of the Hongkong Hotel Company Limited only bad fractional certificates been provided for then and in that event such unallotted shares of the Hong- kong Hotel Company Limited shall 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 entitled to such fractions in dus proportions" Dated this 15th, day of Nov., 1921.

By Order of the Board.

C. BERNARD BROWN,

Secretary.

COWIE HARBOUR COAL COMPANY LIMITED.

SILIMPOPON COAL.

12) That the conditional Agreement submitted to the meeting for the amalgamation of this Company with the Hongkong Hotel Company Limited upon the terms lister alia) of the acquisition by the Hongkong Hotel Company Limited of the complete under- taking, business, goodwill, and Droperty of this Company in return for the issue to this Company of 8,000 Eight thousand shares of the Hong- kong Hotel Company Limited of the nominal value of $10 each credited as folly paid up and the payment of $10,000 by the Hongkong Hotel Company Limited to Messrs. Linstead and Davis, the General Man- szers of this Company by way of bonus and compensation for loss of office 85 General THE Managers of this Company by resson of the transfer of the business. Property and under- taking of the Company to the Hongkong Hotel

The undersigned are prepared Limited and in consideration to quote prices for best quality of the payment to Edward freshly mined SILIMPOPON John Chapman, the Managing COAL, trimmed into Bunkers at Director of this Company of SEBATTIK of SANDAKAN $1,000

William to

Samuel | (British North Borneo) or to Brown Director of this Corn- contract for regular Bunker Sup-i razy of $1,000 and to Charles plies for 6 or 12 months at favour- Bernard Brown, the Secretary able rates. of this Company of $1.000 by Steamers calling at SEBATTIK way of bonus and compensa- or SANDAKAN`exclusively for tion for their loss of office as Bunkers are exempt from pag Managing Director. Director ment of ordinary Port Cha ges. and Secretary respectively by The minimum draft of water. reason of the aforesaid amalga-longside the Company's Wharf mation be and the same is at Sebastik is 28 feet at low water beraby approved and the Spring Tides. Charts of Cowie Liquidator be and he is hereby Bay (Sabattik Harbour) and any authorised pursuant to Section required information concerning 185 of the Companies Ordinance the port can be had on applica- 1911 to adopt the said Agree- tion to ment and carry the same into effect with Buch (if any) modifications either before or The COWIE HARBOUR COAL after the execution thereof as

CO. LTD. the said Liquidator may think expedient.

Company

BRADLEY & CO. LTD.

Agenta,

THE VERY BEST EYE INSURANCE

aforesaid (3) The

8,000 shares of the Hongkohz Hotel Company Limited shall in pursuance of clause 7 of the you can get for the hot season- aforsszió Agreement be allotted including risks of dust and glare) to starébolders on the register |—is a pair of Sir William Crookes' of shareholders of the Steam Glasses—the ideal guard from Laundry Company Limited on gtars. There are two varieties of į the Thirtieth day of November this glass: (a) A glass very 1921.

slightly tinted, of a pale amethyst) ed

"The Transfer Books of the colour which looks almost colour- Goods not cleared by the 25th. Company will be closed from the less. (b) A neutral tint which Nov. 1921 will be subject to rent. 30th day of November 1921. to cuts down the glare as well as All broken, chafed and damaged the 6ib day of December 1921, absorbing the harmful rays. packages are to be left in the both days inclusive.

Crookes lenses of any prescrip godowns, where they will be Dated the 15th day of Nov, 1921. tion in either regular or Toric form are manufactured by the Hongkong Optical Co., Successors to Clark & Co., Manufacturing and Refracting Opticians-the most competent optical manu- facturing establishment in South China-located in 53 Queen's Road Central.

examined од the 24th, Nov. 1921 at 10 am. by Messrs. Goddard & Douglas.

Claims against the steamer must be presented in writing within ten days after arrival of steamer, otherwise they will not be recognised.

will be

No Fire Insurance effected by the undersigned in any case whatever.

Bills of Lading will be counter- signed by

JAVA-CHINA-JAPAN LIJN.

Agents.

Hongkong, 18th Nov, 1921.

By Order of the Board.

C. BERNARD BROWN,

Recretary,

FOR HAIPHONG AND MOIHOW.

Sails for Unnghoog and Talpbant every alternate Tuesday.

The favourite passenger escamer

HAJ-NUN.

(Capt. Charles E. Page).

The ct." Haman “ will izate Hongkong Harping vix Huib as Boom, Ist Kev, 1921.

114, Wing Lok Street.

TO-NIGHT I

"THE LAW DIVINE ***

THEATRE ROYAL.

A copy of this Prospectus in English and Chiness has been filed with the Registrar of Companies

The Subscription list will open on 15th day of November, 1921, 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 ivaned and credited as paid up, and as hereinafter mentioned, 36,290 of the remaining shares are now offered for public subscription, payable as follows: {

$5 per bare on application. $5 per share on Allotment

It is not proposed to issue the balance of 25,000 shares until it shall appear necessary or advisable to do on the interests of the Company, and for the purpose of the further development of the Company's undertaking.

DIRECTORS.

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

W. a. DOWLAY, Exchange and Bullion Broker, Room &, Post Office Building», Hongkong, M. CHAN HARR. Mansging Director, Sacare Company, Limited, Hongkong.

HO JACK LUM, Partner, Kwong, Sang Lee, Hongkong.

W. M. HUMPHRITS, Partner, W. G. Humphreys & Co., 3, Duddell Street, Hongkong.

BANKERS

Hongkong & Shanghal Banking Corporation, Chartered Bank of India, Australia and China,

Bank of China.

SOLICITORS:-Wilkinson and Grist. SECRETARY:-Sydney Humphreys.

AUDITORE:-Percy Smith Seth and Fleming. REGISTERED OFFICE:-5, Duddell Sheet.

ABRIDGED PROSPECTUS.

Object. This Compray has been formed to purchase sa s going concern the business known a the Humphreys Hide and Leather Works, carried un by the firm of W. G. Humphreys and Company of No. 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 descriptions of goods and matchandise incidental to the business of such nature, and is carried on upon extensive, well-built, commodious, and modern premises situsted at E

Tau Kok. Kowloon, on Kowloon Inland Lota Now. 1207 and 640, which contain Premises at

* area of 110,842 square feet, held under a Crown Lease for 75 years with an Ma Tau Kok option of further 75 years from the 19th day of December. 1911, subject to a Crown rent of '$306.00 per sonum. These premises are within the Offensive Trade Ares as defined by the Sanitary Authority and a licence has been granted by the Government to carry on the business of

Tannery in all respects thereon.

Site -The Sits is ideal for the purposes of the business, its area is ample for any future extez- sions that may be pecansar, it is situated on the main road between Hok 'n aad Kowloon City, and is in close proximity to the sea front.

Bulidings.-The extensive buildings erected on the Property are constructed of the best solid brick and concrete with tiled roofs, and conrrate pits and floor: this type of construction ensures a low rate of Insurance against Fire.

Machinery and Motive Power. The Tonuers is equipped with the mcat up to date Hide and Leather working machinery. The motive power is supplied by a 100 E. H. P. Crude Oil Bolinder Engine with Generator direct connected, the various processes in the Tannery being operated by

parate Electric drives Icom individual Motor

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

1 abour -A plentiful and healthy supply of cheap country labour both male and female in al- ways obtainable. The expansion of the business will therefore provide employment to a large number of Chinese labourers wbme 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 fare. going facts it is asserted that from its equipment and position the Tannery has few equal,

Purposes of Formation -The Reasons of the Vendors in turning the business into a limited liability Company, are:-ay To procure the cecessary additional Capital required, in order to meet the increasing demand for their Leather. by 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 $500,000 at The Mortgages stipulate that $160,000 shall be repaid by the an interest of $7 per cent per annum. Company at an early date and consent to the balance retasining on loss. If as is anticipated the shares now offered to the public are fully sub-rribed it is proposed to pay off the whole debt forthwith.

Valuation of Property.-Hereunder are set forth at conservative figures the value of the property purchased by the Company and upon which the Vendors have based the purchase price. LA (K.LL. 1267 and 610= 110,142 sq. feet) and Buildings thereon a valued by

J. Caer Clark, Architect and Surveyor

$ 300,305.00 Machiners and Plant as valued by Rubi. Hunter, of Macdonald & Co., Engineers Stock of Hides, Leather, Chemicals and Materiala ete.. as per valuation by S. Humphrey and certified by Edmund Metmth, Tanner, less amounts due as -hown by the beaks

120.770.11

65.821.05

$ 437,106.16

No charge for Goodwill, etc.-in as much as the undertaking is a comparatively new one. the Vendors present to the Company the goodwill of the business at 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 erst ascertained.

APPROPRIATION OF CAPITAL.

The capital of $562,000 to be prosided by the present issue of 56,200 shares, now offered int public subscription, is intended as regards $262,000!

(a) To provide for the extension of the drying arcommodation 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 off the existing loan of $300,000 upon the security of the Property.

Dividends.—It is provided by the Articles of Association that a preferential dividend of 10% per annum be paid to share bollers before any appropriation of profits is made by the Directors to the Reserve Fund1.

Contract. The following contract has been entered into:

Contract dated the 10th day of November 1521 between W. G. Humphreys & Co., oí 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 leasehold property registered in the Land Office as Kowloon Laland Lots 640 and 1267 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 the Company at $487,100, nothing being charged for the goodwill. Of this sum $300,000 will be 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 19,710) ordinary shares credited as fully paid up.

1

Confidence of the Vendors.-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, Australia and China, Bank of China.

And Prospectus and forms of application can be obtained at the above Banken, or from:-Members of the Hongkong Stock Exchange, Hebers of the Hongkong Share Brokers' Association, The Registered Office of the Company, at the offices of the Com- pany's Solicitors, Messrs. Wilkinson and Grist, V, Queen's Road Central, Victoria, Hongkong