1922-02-01 — Page 7

YEE SANG FAT CO.

BIC

CLEARING SALF

We have marked down

Our entire Stock at

ROCK BOTTOM

PRICES

SOMETHING

THE HONGKONG TELEGRAPH. WEDNESDAY, FEBRUARY 1, 1922.

- + ,

ask any question or seek sny.ax- planation. I shall be pleased to answer such question or give |such_sxplanation to the best of

my ability.

There were no questions and the meeting agreed to the "Chair: man's suggestion to take all four resolutions en Noc, which were then proposed by the Chairman as follows

(1) "That the Authorised Capital |

of the Company (which is now $2,500,000 consisting of 250,000 shares of the nomina) value of $10 each, whereof 219,300 shares have beer issued) be increased from $2,500,000 consisting as afore

ין

DAIRY FARM NEWS.

BUTTER

OWING TO FALL IN PRICES

IN AUSTRALIA

!

we have reduced our

said to $5,000,000 (consisting DAISY" BUTTER to $1.10 per lb.

of 500,000 shares of the nominal value of $10 each) by the creation of 250,000 addi tional shares of the nomina value of $10 each rankin (subject as hereinafter men Noned) as from date of allot ment for dividend and in al other respects pari paasu wit) the shares constituting' thi Company's ́ present issued Capital."

(2) "That 109,650 shares be offer ed (in the proportion of one new share for every complete number of two old shares helt by them respectively) to the persons who on the date of the confrmation of this Resolu tion as a Special Resolutior are registered in the Com- pany's Share Register as the bolders of the sxic 219,507 shares at a premium of $5 per share, and so that on allot- ment the rminal amount due| in respect of such 109,650 shares plus the said premium of $5 per share shall be pay- | able

as follows:

Date of Payment.

Amount payable in respect of the nominal value of cuch share.

Amount payable In respect 3 of the premium on each

stiary,

Total,

"DIARYMAID "

$9

1.00

"

FURTHER REDUCTIONS ARE ANTICIPATED

The above two brands have no rivals on the market.

THE DAIRY FARM, ICE & COLD STORAGE CO., LTD.

ENGLISH MADE

Once a user of our Palsta, always a usur of our Paints," is the rule rather than the exception. Our knowledge and experience of the local conditions enable us to offer the very best Ready Mixed Paints for all gen- eral purposes.

Paints

1

Mixed Ready for Use.

Packed in 7-lb. tins with handle, and I-cwt, Drams

French föret

X: Re

Green

Back

ית תרולין

Dark Gree

Stocked In Hongkong.

Laachi Drab Car R-J

Dark wal Blas Pale Purple Stowa Light Maure Blus Light Stage Color

" Aktual Palasin 2-pins Tiar,

Sandstone Calozi troen White Lead Color

J. T. SHAW

TEL 892

EXCEPTIONAL OFFER

OF

BURBERRY

LIGHT WEIGHT OVERCOATS IN PURE WOOL

LATEST MODELS JUST TO HAND

INCLUDING

"THE GUARDS” WEATHERALL "SLIPON"

RACE WEATHER ALL"

ETC.

JUST WHAT YOU REQUIRE

Usual Prices Reduced To

$115.00 each

$85.00 each

SPECIALIST IN MEN'S WEAR

NEXT DOOR Hongkong HOTEL

Powell

"TELEPHONE +3:46

SALE! SALE!!

NÓW ON

Owing to the removal of our Gentlemen's Tailoring and OutStting Departments we are clearing the following goods and many others at a very low price.

UNDERWEAR

BOOTS & SHOES $12.75

$3.75

(ALL SIZES)

(WOOL)

PYJAMAS

3.75

DITTO (COTTON)

1.25

WAISTCOATS

4.75

TUNIC SHIRTS FLANNEL

GOLF HOSE TIES

1.75

(WINTER)

3.75

++

COLLARS (sorr)

25ct

2.75

1.00

FELT HATS GLOVES

3.75

1.00

י;

20% Discount on Trunks and Bags

SUITINGS and OVERCOATINGS at HALF-PRICE

SOMETHING

NEW

EVERY DAY

DOING

EVERY M NUTE

YEE SANG FAT CO.

HONGKONG HOTEL-

Increasing Its Capital.

15th March

1922 15th Augt. 1922 15th March 1023.

ta $5,000,000 of which amount 109.550 shares will be offered to the shareholders at a premium of $5 per share as indicated in the resolutions set out in the hotica (8) convening this meeting. As the notice advertising this meeting ests forth comprehensively the manner in which such Capital will be called up from time to time, it appears superfluous for An extraordinary general me to go into further details in meeting of the Hongkong Hotel this particular connection, except Company was held at the Hotel to point out that the 109,550 shares

"PENINSULA HOTEL” 500N

TO BE STARTED.

$3

$2

$5

I

+-+

$1

$5

310

$5 $15

and further that until such time as the said 109,650 shares

shall be fully paid up they] shall, vis a vis the said 219,300) shares, only rank for dividend in proportion to the ratio borne by the amount paid sp thereon to the fall nominal value (610) thereof, and that any of the said 109,650 shares, which shall not be taken up by the Company's Share- holders in manner aforesaid be disposed of in such manner as the Company's Board of Directors shall think it."

"That the balance of the shares constituting the Come | pany's unissued Capital be issued at such time or times, in such manner and upon such terms and conditions in every respect 23 the Company's Board of Directors may decide."

entitled to any offer of a frac- tion of an additional share in! respect of any odd share held by him."

This was all the business, the

Office to-day, at poor, for the pur- | will rank fordividend in proportion| (4). "That no Shareholder shall be| pose of considering four resolu- to the amount from time to time tions seeking to increas the paid up thereon in respect of the capital of the Company from nominal value thereof. By rec- $2,500,000 to $5,000,000. During ommending an increase of the the meeting reference was made authorised capital of the Hotel to the fact that building will soon | Company, your Board has taken Mr. G. C. Moxon seconded and commence on the new Peninsula into consideration the strides the resolution was agreed to nem Hotel which the Company pro- which the Company has made con. poses to erect a Kowloon. Mr. during the past few years, and at U. Montague Ede presided and this point I would especially Chairman announcing that a there were also present Mr. J. emphasise that shareholders bave second meeting would take place Scott Harstoo, Sir Paul Chater, nor been called upon to finance

on February 17th, Mr. A. R. Lowe, Sir Ellis either the Repulse Bay scheme Kadoorie (Directors), Mr. J. H. or other extensions which have Taggart (Managing Director), Mr been affected during the last H. N. Beaurepaire (Secretary), 'eight years, and which are now and Messrs. G. C. Moxon, E. J.revenus-producing. The major Chapman, the Rev. Father Ro- portion of the capital which bert, N. V. L. Croucher, M. 8. will accrue from the issue of the Northcote, E. W. Alderson, E. M. new shares will be utilised for the Raymond, W. E. L._Shenlos, purpose of financing the "Pedin- Fung Tarhang, A. D. Gee, T. R. sula Hotel" at Kowloon, opoa Parsons, E. A. Ram, A. 8. Ellia which plans are now in prepara- and E. E. Ellis (shareholders), |tion, and construction is intended representing 149,429 shares. to be commenced in the near The Secretary having read the future, the Hotel Company hav- notice convening the meeting, ing actually taken over the the Chairman Baid:-Gentle land (which is that remarkably men-As indicated in the notice fine site in front of Victoria which has just been read by the View at Kowloon) as from the Company's Secretary, this meet-First of January of the current ing has been conveced for the year.

I do not propose to detain you, purpose of considering, and, if thought fit, approving the nec gentlemen, with further details. essary resolutions with a view to | However, before formally putting fnoressing the authorised capital | the resolutions to this meeting, if of this Company from $2,500,000 | any shareholders would like to

MAN-

丰

Send for Tas Card and Prices to

Wilkinson, Heywood & Clark, Limited,

Iscorporated in the Crized Klagforal ALEXANDRA BUILDINGS, HONGKONG.

RACE WEEK

AT THE

REPULSE BAY HOTEL

DERBY NIGHT

Tuesday, 21st. February,

FANCY DRESS DINNER

DANSANT

Wednesday, 22nd. February, DINNER DANSANT

Saturday, 26th. February,

DINNER DANSANT.

1

THE LAW AND M. KRASSIN. the ground that as the authorised representative of a foreign state, he was immune from the law.

Lord Justice Bankes said that M. Krassin had not established | that be was recognised in this

Appeal Judges Hold That "He is Not Immune.

It was decided in the Court o country in any capacity other

that

than that of chief official agent M.

the Funder

trade agreement, Krassin, the officizi agent of the

Appeal last month

Soviet Russis, does not possess which did not give him immunity

the privileges of an ambassador. from civil process.

Lord Justices Scrution

and

A claim for £45,638 had been brought against M, Krassin and Atkin concurred, and the appes? the All-Russian Co-operative was disulazed with costs.

It is understood that the Society, and M. Krassin had. Bought to have this set aside, on question will be taken to the

House of Lords.

The following Ports have been added to our list

CALDBECK'S ROYAL TAWNY $40 per case duty paid

GUIMARAENS CROWN VINTAGE

$48 per case duty paid

GUIMARAENS DRY WHITE PORT $40 per case duty paid

CALDBECK, MACGREGOR & CO., LTD.

18 Quuen's Road Central.

(Telephone Ev. 7832-

FRENCH LESSONS.

G. MOUSSION,

15, Morrison Hill Kond.

TSANG FOOK PIANO CO.,

MAKERS, EXPERT TUNERS & REPAIRERS. Telephone 2127. 948. Wanchai Road.

WHEN YOU THINK OF

BETTER SOUP & PUDDINGS

THINK OF

THE HING WAH PASTE MFG. CO., LTD. (No. 47-48 Connaught Road Central, Hongkong) MANUFACTURERS

OF

PASTE

MACARONI, VERMICELLI,

STARS, ECG NOODLES &c. RING UP-330

HALL'S DISTEMPER

THE KING OF WATER PAINTS

De BigHary, washable, and high dialstonho Seg qualities monks is the idesi walioovering lar

vity home of alles,

Handled by all Contrastate saă Palmieraj

Wzile lot our Bewskaze'»'. "

WILLIAM C. JACK & CO., LTD.

Sale. Apazio,