1923-03-27 — Page 3

THE HONGKONG TELEGRAPH.

TUESDAY,

MARCH" 27, 1923,

THE SWATOW LACE CO.

MANUFACTURERS AND EXPORTERS

OF

Up-to-date LacES, DRAWN-WORK. EMBROIDERIES,

AND

ミ

Great assortment of Silks, Linen, Ivory, Sandal- wood, Beads & Precious Stones, the finest art of Chinese hand carving, weaving and painting.

TOUR INSPECTION INVITED

No. 17a, Queen's Road Central.

P.O. Box 473, Phone Central 1469 (HUNG ON) Cable Address: “SANSCRIT.""

Wholesale

KWA ENG LEE

and Retail.

SPRING DISPLAYS

OF.

NEW GOODS

AT

WHITEAWAY LAIDLAW & CO., LTD.

MAGNIFICENT UP-TO-DATE STORE

SUMMER DRESS MATERIALS

NEW VOILES FROM $1.75 yd.

NEW PIQUES FROM $2.50 yd.

NEW ZFPHERS FROM 85 cts. yd.

NEW TO BRALCOS FROM $1.25 yd.

NEW GINGHAMS FROM 85 cts, yd.

NEW ORGANDYS FROM $1.25 yd.

SEE WINDOWS. CALL AND INSPECT.

WHITEAWAY LAIDLAW & CO., LTD.

20, DES VOEUX ROAD CENTRAL, HONGKONG.

HALL'S DISTEMPER

The KING of Water Paints

Its Sanitary, washable, and high disinfecting qualities make it the ideal wall covering for your home or office.

Handled by all Contractors and Painters.

Write for our Brochure on "How to decorate your Home" to

WILLIAM C. JACK & CO., LTD.

Sole Agents HONGKONG & SOUTH CHINA,

KLOSTE

PILSENE

BRAUERE

BIEW

ON SALE AT THE IMPÉES, STORE, KOWLOOK

THIS PROSPECTUS HAS BEEN DULT FILED WITH THIS REGISTRAR OF COMPANIES.

The Subscription List will open on Saturday, the 24th day of March, 1923, and close on or before Saturday, the B1st day of March, 1923.

HONGKONG REALTY AND TRUST COMPANY, LIMITED.

Incorporated under the Companies Ordinances, 1911-1921.

Capital $2,000,000 divided into 200,000 shares of $10 each. Of the above sharès 100,000 have already been subscribed for cash by the Directors and their friends. On these $250 per share will be paid on application and the balance when called up on thei same basis as the remaining capital.

In addition the Directors are ellotting 30,000 shares credited as fully paid up under the terms of the Option and subsequent corres- pondence thereon referred to in paragraph (c) hereof.

The remaining 70,000 shares tanking equally with those already subscribed are now offered for public subscription payable as to $2,50 per share on application. The balance dve on each shire, riz, $7.50| will be called up on subsequent demand as and when further capita? Is required.

Any of the shares now offered to the public which may not bel subscribed for will be allotted in such manner as the Directors shall determine.

DIRECTORS.

JOAN SCOTT Harston, 1, Des Voeux Road Central, Hongkong,

Solicitor and Notary Public.

Hon. Mr. Chow Suov Sox, Bank of East Asia, Lid, Des Voeux Road Central, Hongkong, Unofficial Member of the Legisla tive Council.

JAMES HARPER Tacolar, Managing Director, Hongkong Hotel

To., Ltd., Fowell's. Building, Hongkong

The Very Rev. Father Leox Rosser, Procureur General des Mis

sions Etrangeres, 1, Battery Path, Hongkong. ASTECE RILASPS Lowr, 3, Queen's Road Central, Hoogkong,

Chartered Accountant.

FRAME MALCOLM LANE URAWFORD. Managing Director, Lanc

Crawford, Ltd, Chater Road, Hongkong.

FUNG TAT HANG, Compradore, Hongkong Hotel, Hongkong. PSTZE KINGSON Kwok, Bank of East Asia, Ltd., Des Veux Road

Central, Hongkong. Merchant.

BANKERS.

THE HONGKONG & ShanghaT BANKING CORPORATION.

AUDITORS.

LINSTEAD & Davis, Alexandra Building, Des Yeux Road Central,

Victoria, Hoagkung.

SOLICITORS.

Messrs. DEACON, HARSTON & SHENTON, 1, Des Voeux. Road Central,

Fictoria, Hongkong.

REGISTERED OFFICE OF THE COMPANY. POWELL'S BUILBING (2nd door), Des eux Road Central, Hongkong.

SECRETARY OF THE COMPANY (pro tem).

T. A BARRY, Powell's Building (2nd door), Des Vœux Road

Central, Hongkong..

PROSPECTUS.

(a) This Company has been formed principally to acquire tỪ{

purchase (under the terms of the Option and subsequent correspondence thereon hereinafter mentioned) from Lane Crawford Limited (whose Registered Office is situate at Ice House Street, Victoria, Hongkong) and develop by building thereon the land registered in the Land Office as Section A of Marine Lot No. 7 and commonly known as "The Wiseman Site" situate in Des Vœux Road Central Hongkong. The purchase price of the land is $1,000,000, $300,000 of which will be satisfied by the issue, to Lane! Crawford Limited of 30,000 shares of the Company credit- ed as fully paid np. Of the remainder of the purchase price, $148,781.50 will be paid in cash, and the balance of 3551,218.50 will be satisfied by the taking over by the Company from Lane Crawford Limited of the Mortgage (repayable on the 30th April, 1927) for that amount now subsisting on the property in favour of Lane Crawford Limited and carrying interest at 8% per annum.

In addition to the purchase price payable as above, the Company will under the Option hereinafter mention- ed, pay the brokerage of cne per cent, on the purchase price amounting to $10,000 which is referred to in pare- graph (b) hereof, and also indemnity Lane Crawford Limited to the extent of $26,394.30 in respect of the Plans and Specifications referred to in paragraph (c) hereof.

The Option for the acquisition of such land bears date the 5th day of March 1923 and is made between Lane Crawford Limited as Vendors of the one part and Mr. W. E. L. Shenton, one of the partners in the firm of Deacon, Harston and Shenton the above mentioned Solicitors to the Company, as Trustee for the Company of the other part. A copy of this Option and the subsequent cor- respondence thereon can be inspected at the offices of the said Solicitors to the Company (No. 1 Des Voeux Road Central, Hongkong) at any time during business hours. A copy of the Mortgage above referred to which bears date: the 5th day of May 1922, and is for a term of Five years from that date can also be inspected at the same place and time.

There are no other Contracts relating to the land to be acquired by the Company...

On the land to be acquired as abova by the Company it is proposed to erect a modern seven-storied building with a Basement, so as to afford accommodation for Stores, Shops, a Safe Deposit Vault and First class Office Rooms, particularly suitable to professional people. The Site is considered to be specially favourable for such a building, being in the centre of the business part of the City and close to the Hotels, Banks and Shipping Offices, etc...' (b) In respect of the above mentioned Option a brokerage of 1% on the purchase price of $1,000,000 amounting to $10,000 is payable by the Company to the Solicitors to the Company in respect of the sale of the land the subject of such Option.

(c) Under the fast mentioned Option the Company are to be under the obligation of fademnifying Lane Crawford Limited to an extent not exceeding $26,294.80, in respect cf the cost of certain Plans and Specifications prepared in 1922 in connection with the building which Lane Craw- ford Limited at the time proposed to erect on the said land.

(d) No other commission or promotion money will be paid by

the Company.

(e) The Company is to pay all preliminary expenses of and incident to the formation and floating of the Company down to the time when it becomes entitled to commencé business, and also all costs and expenses to connection with the acquisitan of the land and the Assignmenit thereof to the Company, the estimated amount whereof is $20,000.

The minimum subscription on which the Directors may proceed to allotment-is seven shares

The Articles of Association provide that the qualification. of a Director is to be the holding of 1,000 shares in the Company and that the remuneration of each of the Direc tors is to be $1,000 per annumá

VERYTHING

ELECTRICAL

Specifications, Estimates and advice free for-

LIGHTING, HEATING, POWER, BELLS, ETG.

ELECTRO-PLATING

IN GOLD

A SPECIALITY

SILVER NICKEL,

ETC.

ELECTRICAL DEPARTMENT.

THE HONGKONG HOTEL CO., LTD,

LACTOMALTINE.

AN IDEAL FLESH-FORMING FOOD

LACTOMALTINE

Relient Flesh Forming !

་་

Prepaired from the

FINEST SCOTCH BARLEY CREAM & MILK

PALATABLE,

HIGHLY NUTRITIOUS.

STRENGTHENING.

Suitable for adults and child- ren, all the year round.

Obtainable at all Chémista,

NEW PROCESS.

COLUMBIA RECORDS

JOURNEY'S END CHICAGO

LADY OF THE EVENING

MR. GALLACHER

DON'T SAY GOOD-BYE STOP YOUR KIDDING RUNNIN' WILD

FOX TROT

FOX TROT

......

FOX TROT

-ONE STEP FOX TROT

FOX TROT

FOX TROT

I WISH I COULD SHIMY GREENWICH WITCH

FOX TROT

IVY

Etc. etc.

AT

FOX TROT FOX TROT

ANDERSON'S.

Opposite WISEMAN'S,

E. HING & CO.

Tel. 1322.

BHIPBUILDING MATERIALS, SHIPCHANDLERS AND HARDWARE MERCHANTS.

25, WING WOO ST. 'PHONE CENTRAL NO. 1110, CENTRAL

(h) Directors are interested in the promotion of the Company

as follows:-

(1) As to Mr. Harston in respect of the brokerage men-

tioned in clause (b).

[1

SHIELD YOURSELF Against SKIN DISEASE!

APPLY

7am Buk

TO THE FIRST ITCHY SPOT OR ERUPTION

AGENTS, Wakefield & Co, 60, Kiangse Road, Shanghai.

CHINESE GUNBOATS.

Crews Threaten to Strike.

Peking, March 26-It appears that Sun Chuan-fang has not yeë› reached Foochow. His main force- jis still at Yeuping.

The crews of three Chinese gun- boats have demanded from Ma Lien-chia, Tuchun of Anhui, their | ten ~months” ́ ́arrears' of Wages, failing which they declared, their intention to strike. The Captains have been instructed to pacify the mea, whose attitude bas created aaxiety-Reuter.

MACAO · CHARITIES.

A Magnificent Gift.

With regard to Mr. Lee Hy san's latest benefaction, to which we briefly referred yesterday, we take the following from the Portuguese pewspaper, O Liberal, of Macau, of Sunday' date:

We have heard the news that' Mr. Lee Hy-san, the Macao Opium Farmer, has just made a gift to" the Santa Casa da Misericordia of Macao, of the sum of £390,000, which are to be devoted by this benevolent institution to charitable purposes, in the manner it may best think fit.-

We have been informed that Mr. Lee Hy-san has received sa official letter from the worthy Pre- sident of the Santa Casa, thanking bim for his generous gift, satating also that he was going to apprise His Excellency the Governor of this docation. He has also received a communication" from the Chief of the Finance Department in the name of His Excellency, the Gor

tendering his sincerest. acknowledgment for his muni- Ecent offer and expressing the highest consideration and esteem in which Mr. Lee Hy-san is held by bim.

erpor,

(2) As to Messrs. Taggart, Lowe, Crawford and Harston Mr. Lee Hy-san is already well- to the extent that they are Directors of Lane Crawford known for his sets of philanthropy Limited who are the Vendors of the land to be acquir-To quote an example, it is known ed by the Company.

that during the seamen's strike in

1

(3) As to Messrs. Taggart, Lowe and Harston to the Hongkong, be succeeded in getting

extent that they are Directors in the Hongkong Hotel ships to bring zice and provisions. Company Limited who are Shareholders in Lane" to Macao, so that this place was Crawford Limited.

supplied with staple articles of food. In the last general strike, with the help of bis representative, Mr. Fong Teok-lam, be rendered valuable services so that a satisfac-

(4) As to the Rev. Father Robert to the extent that he is a Director of the Dairy Farm, Ice and Cold Storage Company Limited who are Shareholders in Lane Crawford Limited, the Vendors aforesaid, -

(5) As to all the Directors other than The Hon. Mr. Chowtory settlement might be arrived: Shou Son, Fung Tat Hang and Peter Kingson Kwck at. The above mentioned gift is that they or some of them are Directors of other worthy of praise. .Companies with whom the Company may do business.

(1) Copies of the Memorandum and. Articles of Association of the Company can be inspected at the aforementioned offices of the Solicitors to the Company at any time during business houre.

RAIN WHICH FALLS ON THE

"JUST?"" People in the Fen districts of Lincolnshire-where thesportsge

A copy of the Company's Memorandum of Association of drinking water is so cute is anexed to the Prospectus and forms part of it.

| are said to show a peculiar pre- Application for shares should be made upon the Formference for rain water collected: attached.to the Prospectus, which should be detached from church and chapel roofs. therefrom and sent to the Company's Bankers (The Hong-They dislike the water from their kong and Shanghai Banking Corporation) together with own roofs, says the Surveyor of a remittance of $2.50 per share, the amount of the deposit. Spilsby Rural District Connell, Where no allotment is made, the depoelt will be re and an enterprising native retails. Farned in full, and where the number of shares allotted is water from the Mission Church less than the number applied for, proportionate amerat mid the Wesleyen Chis

buckets, a penny. of the deposit will be returned. Prospectuses can be luspected at and

chiained from the Compan

and Shanghai Banking Con temporary onder of the (second for Der Tour Brad Dated the 23rd day of March 1928.