1921-11-26 — Page 2

· NOTICE.

THE BEST AND THE CHEAPEST."

SALE

of

A fine selection of Faney Worsteds for ladies' and gentle- men's wear. Large assortments of serges, gaberdines, Venitiane. Whipcords, & Fancy Tweet Suiting offered ai specially cheap prices by

CASSUM

(Tel. No. 1462).

AHMED & CO.,

32-34, Wellington Street.

E. HING &

CO.

SHIPBU DILNIO MATERIALS, SHIFCHANDLERS AND HARDWARE MERCHANTS.

'PHONE NO. 1110.

PUBLISHED ANNUALLY",

THE

25, WING WOO ST.

CENTRAL

W. S. BAILEY

LONDON DIRECTORY & CO., LTD.

with Provincial & Faregs Sections,

sakživa traders to communicate Jureat w123

MANUFACTURERS & DEALERS

Tudur.

sada Ve vincial T-wpa and Crators this sad vis på and

1b Coral

THE DA141.

5-1 other deals are ciasteci under melt than 1,000 to need to suelading EXPORT MERCHANTS

walk dermed particulate of the Dovis vN: poesi and 15 Best Fren Markets vapplied

STEAMSHIP LINES

rez-dauer the Pure to which ther d kadin..the pots.mate de,lenge]

Oprigt BESINAS PARDg of Forms dearring PENT AVANCETURT, of Trade Kartu et

DELLERE BELKING ADENCIES We printed at a mom of £1.10% 02, for each ruire a at seated Larger étrendet £

Pop Arature will be meat he paren

£2. a cash ADPAAP,

THE LONDON DIRECTORY CO., LTD., 24. Amtramck Lane, for baka, E!

Fa

#DAINA LOTARLINDED IN 1928,

METALS

ENGINEERS & SHIP- BUILDERS, HOK UN KOWLOON.

HARBOUR REPAIRS Call Flag "L"

Sale Agents for "KELVIN MOTORS." Motors from 12 B.H.P. to 50 B.H.P. Dow in stock also spare parts.

Works

Tel. K.21. Manager...

K.633. Secretary

K.369. Harbour Engineers.. K.604. K.622. Telegrams "SEYBOURNE."

MEE CHEUNG.

HIGH CLASS PHOTOGRAPH.

in

THE HONGKONG TELEGRAPH.

SATURDAY, NOVEMBER 26, 1921.

A copy vị this Prospectu in English and Chintay kas born 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

service to the Empire; to maintain shippers to catch any cargoes offer the power of the Empire and to jing in these days, the scale was turn- hold to its best traditions and to ed against the organisers of the re- draw closely together in the band ceptiem and the departure of the af comradeship British people the boat could not be delayed as they world over..

had hoped to arrange. The idea ot The grounds of Marble Hall, this garden party originated with) commanding a glorious and ex-Mr. Rice, who had recently cops tensive view of the harbour and trees and had sour experirner of the the Peninsula, are ideally situated great organisation controlled by the for the bolding of a social func-Overseas Club in London. He was

on Between 200 and 400 means that working direct bers and friends were received by done to stimulate the local branch; Sir Paul Chater and Mrs. Mon and the garden party was arranged. tague Elle.

Prior to the perch He would like to pay a tribute to the making the visitors had ample uthusiasm and energy Mr. Rice had opportunity of inspecting Sir

shown in atrancing all the detail Paul's charming realdence and of and is the open-handed generosity” admiring the many valuable arti

of Si Paul Chater that made such a treasures and the well-kept and

gathering possible. (Applause) splendidly laid-out grounds. Tea

Without going into minute details nicely tables

decorated with flowers and containing appetising with regard to the Overseas Club, delicacies, were dotted about the Mr. Breakspear promised to send lawn and in front was a ecvered any who were interested some pam. dais draped in Union Jacks from phlets which would convey all the which several interesting speeches information required. He deprecat. were delivered during the course the attitude of some people whis position was summed up in of the afternoon's proceedings.

Lord Northcliffe's Message. the question "What do I get out sli At four o'clock

Pant it! As to that he thought even the to Chater opened the proceedings most commercially-minded person Iwith s short address. He said: just agree that an afternoon spenti Your Excellency, Ladies and fiereso pleasantly in a delightful house

leman.While it gives me the very and grounds placed at their disposat | greatest pleasure to welcome you with such luspitable entertainment here today, I must apologise for the Iwas all that the most exacting mer. very untidy state in which you and her of the Operseas Clubs could de- my house. Men have been at work sire. (Laughter and Applande Bar here since the beginning of October) sezinusly, the Overseas Chib was z and it is very difficult to say when non-party society for British rea

I should, offdents in all parts of the world In they will leave the course, have been better pleased to the most cát- the way places one) have received you at a house frewas sure to find some representative from such inconvenience, but this of the Overseas Club. Its underly meeting could not he convenienting motive was to promente enity

drs postponed. It

among British subjects, to was originally ar

them together in the bestuds of com- ranged in the Lope that Lord North elife, the President of the Overseas¦radeship and the Ärsz oĥject in per- Club, am, I believe, one of the sented to its members was to help He hoped that this founders, would be present to addressone another. you. Unfortunately the esigenties gathering would do something to One aust of his arrangements have prevented help towards that and him from doing Ser, bat

remember that one could not always' sympathies are with us and he has measure the value of a good work. left a message which later will be by the amount of dividend it paid! pat before you. Although a menin hard cash (Applause).

Sir

His Excellency the Governor's Appeal.

- OTHERS take your photos, but her of several clubs in London. I am by our 30 years experience we proud to be a member of the Over take

His Excellency the Governor, who yours EXCEL ENT! seas Clit Club whose mefulnes CONDITION and NATURAL]to all dwellers overseas, in Dorit was received with applause, said: | COMPI EXION instead of mere-uns and Colonies, cannot be over Sir Paul Chater, Ladies and cotle- of all kinds, especially for ship-ly clear and sharp.

estimated; and, if I might do semen. It is not my desire to give I would urge upon all here who are your any further information with building and engineering works.

not already embers to jais forth regard to the Overseas Clab, as Mr. with

1 will now introduce to pou¦ Breakspeartasaisen you a treat deal Mr. Ervakspear, our bical secretary, and per you in the way of obtaining |

mewage item bond the rest Who bat a

Ian, buy will call upon Northelife and who will be pleasel for write 19 Mr. Breaksjear they will to give you any further informatilt get some most interesting literature, about the Club (Applause).

inting a charming magazine call-

Compléte stock. Best

terms.

Immediate deliver.

SNGON & GO.,

Established A. D. 1580.)

HING LUNG ST. Phone 515

StudioIce House Street. IMA SIS AGE HALL.

33. FLOWER STREET,

MRS. S. UZUNOGE. MRS. MORITA.

IFICATE MARETURS PASSANTE TREATED A Trets Owy His

DESTRE

THE NEW FRENCH JEMEDY THERAPION No. 1 THERAPIONENɑ. 2

A. TACK & CO. THERAPION No. 3 be present Lord Northcliffe hands after-mn 1 msaated this platform

The Largest Photo-Supplies

in the Colony.

DEVELOPING AND; PRINTING

UNDERTAKEN.

26, DES YEUX ROAD, CENTRAL

Not Said Molly dealinei bendiata Perkin ERZIAD 1 Da, Del Better Med, As, Harmentiga Bunde Kwa l-Pa. The Train Stark mund *Satopion can be done.

Baden Mataren, Sv. 2 fuz Blient k

no, Sv. Starben: Be

ROSE GET:

Mr. Break-pear said he saw Lonijad "Over«das," which is one of the Nontcliffe that morning on board beards whichi ya derive from be the Nyanza, and after expressing bisjeoming members of the Overseas very great regret that he could netjCini, əhich I trust you all will this!

him a letter to Sir Paul Chater.jás probably the oldest member of whom he described, very truly Mejthe Ovetwas Club here, to exp1033 | Freakspear thought, në a "brick. the keen appreciation of the mem- Mr. Breakspear then read the fubjbers of the Club of Sir Paul Chater's lowing message from Lord North Kindness in placing these grounds!

at or disposal. The object of the "I much regret that owing to aflab is a good ene and we are in- Garden Party at Marble accepted invitation to visit the debted to Sir Paul Chater for his

Hall.

Governor of Singapore at the end assistance in enabling us to carry of this month, I am unable to be is out. I can only again urge that present at the Overseas gathering any one of you who does not happen The Hongkong Branch of the day.

to be a member of the Club win; In my opinion there *A* Overseas Club and Patrioti: League

never remedy that defect as soon 23 pos:

hrid

spccessful garden greater need for the organisation ofsible (Applause).

OVERSEAS CLUB.

LETTER FROM LORD NORTHCLIFFE

il

Yery

eli:

MEE FONC party yesterday afternoon in the British people throughout the Far Sir Paul Chater briefly thanked

HIGH CLASS PHOTOGRAPHER 'Old Supreme Court Building

GREEN ISLAND CEMENT COMPANY, LIMITED.

PORTLAND CEMENT.

In Casts of 375 lbs. nat.

In Bazs of 250 lbs. net.

the

The Concert.

beautiful grounds of Marble Hall East than there is at this moment. His Excellency for the honour hel which had been kindly placed at Events in the near fature will make had conferred upon him in being the disposal of the Committee for necessary for all English-speaking present. They all heartily appreciat the occasion by the Hon. Sir Paul peoples in the Far East to combine. Jed his kindness and the interest be Club. Overseaa Chater. The function was arrang- Unity is strength and if we are took in

cordial dealt with separately and one by one ((Applause). Special Department for Developed principally to offer

welcome to Viscount Northcliffe, by any hostile Power the labours of The party than sat down to tea, plug Printing for Amateurs and

the President of the Clab, who was generations, of Britons who have daring which the Wiltshire Band, on a brief visit to the Colony, and worked in the Far East will go for specially engaged for the occasion, Enlarging & Framing.

it was a matter for great dis-nought. The Overseas Club has rendered, under the able con- appointment to the large number played a very effective part inductorship of Bandmaster J. W. of visitors who accepted Sir Paul organising the British section of the Fatson, a number of pleasing ship, Ending it impossible to ex- Chater's invitation that he lord-English speaking peoples in China. selections, Ample provision had I am hoping to induce the Club to been made for the large number tend his stay, was prevented from send out another travelling organi-of guests and the arrangements attending owing to the P. and O.ser to reinvigorate the Overseas were very successfully carried out] .s. Nyanza, upon which he was Club and Patriotic League, with by Mr. Herbert Norton of the travelling to Singapore, leaving which I An proud to have been Hongkong Hotel. earlier in the day. During the connected since their inception. course of the apesch-making a

Tea over, the guests assembled It seems to me that special steps letter was read from Lord North should be taken to deal with com- in the Music Room where a short cliffe regretting his inability to be manities which by their very neture musical programme was rendered. present, referring to the necessity are not so permanent as this, for The contributions were listened to] for all English-speaking peoples example in

with a great deal of pleasure and in the Far East to combine and

all the artistes were accorded; warm receptions. Mrs. Abbey wishing the Hongkong Branch all populations are stationary. I am

presenting a report to the Club on opened the programme with a very Outside the 250 members of they return which I hope will have fine interpretation of the violin Hongkong Branch, few Britishers beneficial results in the near future.solo Sicilians, Rigandon (Fran- Mr. H. G. An- in the Colony are acquainted with Meanwhile let me wish all success to the objects of the Overseas Club the Hongkong Branch" (Applause) niss sang three songs, "Come Stimulating the Local Branch.

"Oh! Mistress and Patriotic League, but we are

away, Death," Proceeding, Mr. Breakspear reMine (P Quilter) and "My | pleased to be able to say that in- terest in the movement is being marked that he was somewhat in the Dream," very impressively. Mr. effort, in position of a music hall manager Eric Rice's piano solos Prelude revived and that an

Now

(Debussy) and Nocturne, (Chopin) which Mr. Eric Rice, His Excel-who had lost his star torn lency the Governor's private Lord Northcliffe was out of hearing charmed the audience. The pro- secretary is taking a leading part, he did not mind confessing that the gramme concluded with two songs, is being made towards substantial-possibility of his being present was Charpentier's "Depuis le jour"

Louise) and ly increasing the membership.regarded in the fight of a happy (from

Elzar's The objects of the Overseas Clab coincidence. They knew they were "Pleading," by Mias Stokart whose are four. Briefly, they are to help cutting things very fine, and at the sympathetic rendering was much one another; to render individual last moment, owing to the desires of admired.

SHEWAN, TOMES. & CO.

General Managers.

Hongkong.

A

MARTIN'S PIOL & STEEL Tar Lades PILLS arisan Ramdy, for all fresqu'aİZİM. Thousands at Lädļos alway• kiep u baz Marila's Pille is the hoɑau, se tiss ng the kiss sign of any Irreguiatiny ut the Bystem a limery dose may be id- ministered. Those who use them reuzmi mend them, brase theirenoSMÖTE KRİK. 1 Goalsta sud dvorne soil shemu. throughout the World, or pont zzes X/-, MARTEN, Chemist, Bonibämpton, Ang-

MARTIN'S PIOL & STEEL

A

I ́ise Lafes 1

PILLS

Juccess.

New Zealand, where:

coeur-Kreisler).

COMPANY, LIMITED.

[INCORPORATED UNDER THE COMPANIES ORDINANCE 19:1-1921.)

SHARE CAPITAL $1,000,000.00 ·

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

Of the shave states 19,710 ure to be issued and credited as paid up, and as hereinafter mentioned, 30,290 of the zena.bing stares are now offered for publio subscription, payable as follows:

$5 per share on Allotment

$5 per hate on Application.

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

DIRECTORS.

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

W. A. DOWLEY, Exchange and Bullion Broker, Room 6, Peal Office Buildings, Hongkong. M. CHAN HARR. Managing Director, Sincere Company, Limited, Bongbong. BO JACK LUM, Partner, Kwong Seng Lee, Hongkung.

W. M. HUMPHREYS, Partner, W. G. Humphreys & Co., 5, Duddell Street, Hongked

BANKERS

Hoogkong & Shangbal Banking Corporation, Chartered Bank of India, australia and China, Bank of China.

SOLICITORS:-Wilkinson sad Grist, SECRETARY:-8pday Humphreys.

AUDITORS:-Percy Smith Seth and Fleming... REGISTERED OFFICE:—5, Duddell Street, ABRIDGED PROSPECTUS. Object-The Company has been formed to purchase as a going concern the business known the Humphreys Hide and eather Works, earned up by the tires of W. G. Humphreys and Company of No. 5. Duddall Street, Hongkong.

Basiness-Toe business comprises the manufacture of all kinds of Leather and the dealing in of hides and skius, and of all desenptions of goods and merchandise incidental to the business of such cature, and is carried on upon extensive, well-built, commodious, and modern premises situated at Ma Tas Kok. Kowloon, on Kowloon Inland Lets Nos. 1207 and 640, which contain Premises at an area of 110.012 sqbare feet, held under a Croup Lease for 75 years with an Ma Tan Kek" option of a further 15 years from the 19th day of December. 1911, subject to a Crown rent of $506.00 per aBDOM. These premises are within the Offensive Trade Aren as defined by to Sanitary Authority and a licence has been granted by the Government to carry on the business of

Tastery in all respects thereon.

Site-The Site is ideal for the purposes of the business, its area ia ample for any future exten sions that tay be necessary, it is situated on the main road between Hok Un and Kowloon City, and ia in close proximity to the sea treat.

·

"

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

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

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.

Labour.- Mentiful and healthy supply of cheap country labour bath male and femain is al- ways obtainable. The expansion of the business will therefore provide employment to a large number Chinese labourers whow increased eticiener and development is in itself sufficient to commend this undertaking to all those who have the interests of Chinese and British trade at heart. From the fore- going facta it is asserted that from its equipment and position the Tannery has faw equals.

Purposes of Formation.-The Reasons of the Vendors in turning the business into a limited liability Company, are:-fa To procure the necessary additional Capital required, in order to meet the iccreasing demand for their Leather, (6, To further develop the business along sound progressive lines.

TERMS OF PURCHASE,

The premises are old to the Company subject to a charge to the Mortgagees to secure $300,000 at an interest of 37 per cent per annum. The Mortgages stipulate that $160,000 shall be repaid by the Company at an early date and consent to the balance remaining on loan. If a is solicipated the shares now offered to the public are fully subscribed it is proposed to pay of the whole debt forthwith.

Valuation of Property.--Hergunder 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.

Lal K.LL. 1207 and 6-10-110,949 sq. feet, and Buildings thereon as valued by

J. Caer Clark, Architect and Surveyor

$ 800,305.00 Machinery and Plantas 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 as shown by the backs

120,779.11

65,821.05

$ 487,105.18

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 and 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 $602.000 to be provided by the present issue of 76,200 shares, now offered for public subscription, is intended as regards $282,000;

(a) 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 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 shareholders before any appropriation of profits is made by the Directors to the Reserve Fund.

Contract. The following contract has been entered into: ·

Contract dated the 10th day of November 1921 between W. G. Humphreys & Co., of 6, Doddell Street, Hongkong, Merchants, the owners of the properties of the one part, and Charles David Wulkinson 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 Inland Lots 640 and 1207 together with all messuages tapements 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 sum $300,000 will be of the Company at $187,100, 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 18,719 ordinary shares credited as fully paid up.

Confidence of the Vendors. That the Vendors themselves bave 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 Shangbai Banking Corporation, Chartered

Bank of India, Australia and Chins, Bank of China./

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