1923-04-13 — Page 3

SINCERE'S

SMART STYLES IN

SILK SHIRTS

From $600 to $13.00 each.

LATEST NECKWEAR

$1.00 to $2.00 each.

TRAVELLERS!

Why not bay

·C. P. GOERZ'S Camera here?

Prices moderate.

Sole agents in China.

Tel. 3217.

HALL, LAW & CO.

10, Des Voeux Road, Central.

GOLDEN STATE BUTTER

From CALIFORNIA CREAMERIES. Sold by all the leading dealers in one pound cartons (FRESH)-and and 1 lb. tins.

BOLE AGENTS:-GETZ BROS. & Co. of the Orient Ltd.

PROVISION DEPT.

Mr.

N. AKAJI,

(JAPANESE MASSAGIST.)

A Graduate of the Tokyo Massage School. No. 23. Wyndham Street.

Visitors during my absence are requested to

leave note behind.

Telephone No. 4395

THE

WING FAT PRINTING CO., LTD..

PAPER SELLERS, STATIONERS. Printers,

Photo Engravers, Paper-Box Makers and Eookbinders

SALE ROOM

PRINTING OFFICE

No. 149, Wing-Lok Street No. 22A, WHITFIELD Rd.

TELEPHONE CENTRAL 2257

TELEPHONE CENTRAL 1910

JAMES

STEER.

S, ICE HOUSE STREET.

WATCHMAKER AND JEWELLAN.

CHRONOMETERS, CLOCKS, WATCHES AND NAUTICAL INSTRUMENTS REPAIRED UNDER MY PERSONAL SUPERVISION.

TEL. CENTRAL 2877

Millinery

TEL CENTRAL 2877

DAINTY HATS

From Paris.

AFTERNOON AND

EVENING GOWNS-

MADELEINE PEARSON

(Next to Cafe Wiseman) Tel, 2313. P, O. Box 530.

MORRISON PIANOS

Built to Suit this climate. Guaranteed for

SEVEN YEARS.

TSANG FOOK PIANO COMPANY.

94A, Wanchai Road

TAI LEE CHAN

Established 1884. -

and

METAL COODS Telephone Central 1998

SUNDRY HARDWARE

119, Jervol→Stet

THE

HONGKON;

PEAK RESIDENTS ASSOCIATION.

FELEGP M

(Continued from Pagt 2) tramway. The other point was that they should endeavour to overcome the mechanical objection to

wanted to see p

FRIDAY, APRIL 13, 1923.

congestion. The journey could be If two houses were sold together, made in five or six minutes instead one as a shop and the other as of at present seven, eight or nine godown, as in the present case, it was only reasonable to expect to minutes.

This would

house.

The Chairman pointed out that get another $1,000. one difculty which would be exsive an average of $25,000 per perienced in regard to a non-stop

When Experts Disagree. train would be by people gaing from

Mr. Eldon Potter: You have the the Peak only down to Rosen Road been informed, and no doubs you present tramway. They all of them It would meas that ther would have have read it in the papers, thatf car which would to go right down to the bottom or Mr. B. W. Hird has valued these carry more people, and to the lay wait for a tram which stopped at house at $15,000 each. Would you

mind it seemed almost incredible the halt that such a difficulty could not be overcome."

call that the market valuation or the security valuation 2

Witness: I cannot answer that

very well.

Do you agree with bis valuation? -No, I do not agree with his

Hon. Mr. Parr, said that residents who did not wish to travel right| Hon. Mr. Fletcher explained that down would have to wait for the the mechanical difficulty could be other cars.

Mr. Fatkin supported the pro overcome if residents wore content

posal for alternate non-stop trame with a lessening of the present,

Is your own igure of $50,000) speed. That was really the dif. the Peak. It would enable the based on what you consider to be culty. The services in Switzerland Company to increase the number of the market value at that time and America had been studied and tram He thought the proposal Yes.

raluation.

in the well worthy of serious consideration la cross-examination by Mr. F.

he knew of no country world where trams carrying the number NE passengers

same

ran at the same rate of speed as

the Pusk trams.

Tourist Parties.

Mr. H. A. Nou expressed the opinion that if the trams could be

increased to accommodate another 12 or 15 passengers they would be

The Chairman suggested that the C. Jenkin. counsel for the defen matter should be left to the indant, Mr. Little said he was aware coming Committed to take up with that ebarges of having fraudulent- the Teamway Company.

ly sold the property at a gross un- Si- William Reet Davies thought had been made against the defen-

dervalue on January 11th, 1921, | it would strengthen the hands of the Committee if a resolution on the

dant.

subject was adopted by the meet agree with me that you must judge Mr. Jenkin: You will therefore

ing He proposed that representa-bis conduct by the position of the

able to meet the requirements for/tions should be made to the Com- | market on that date"

aby to inaugurate non stop trams the Peak levels during certain. hours of the day.

motion was ananunously approved

The Peak Store.

Witness: Yes.

One of the methods of arriving at the market value of the proper-

the actual sales over a period and etrike an average. The witness Jenkia's suggestion that no sales was quite prepared to accept Mr. of sunilar property in the vicinity took place during the years 1019 and 1920.

the next few years. He gathered that there were very great, if not insuperable, dißculties in doing Mr. Chimpertz secondled and they, the witness said, was to take this: but ho ught that if they were tackled seriously they could be got over. The question had, Mr. A. Murdoch sked whether any been under consideration for a long information could be given regard tine and the congestion had beening the support accorded to the getting worse daily. He suggested Peak Hotel Store. He had been that some steps should be taken told that it had cut been given, the Mr. Jenkin suggested that the at once to improve the present support that they might expect, and only way to find the market value service, He realised that it had he thought the present a favourable was to take the sales before the been greatly improved recently, but opportunity for the Committee to property in questing was disposed he felt convinced that more could impress upon the Peak reside's of on January 11, 1921. be done in this direction. For value that it was to them. It west instance, they might have ten that they would be entirely inde minute service from Boon until pendent of Chinese labour in the 12.b, and also from 2.33 on Satur-event of a strike or anything f day and Sunday afternoous during that nature occurring the bathing season. At the present The Chairman replied that the time if one happened to be unlor-matter had been, discussed at a Com tunate enough to live in Barker mittre meeting a couple of months Road it was impossible sometimes ago and the Hon. Secretary sent to get up or down. Very often out postcards urging members bouses?

*

Mr. Little, replied that he had taken the only sales he had been

time.

ADNDRY

THEAD OFFICE

&

WORKS. YAUMATI

NL K.33

HONGKONG

DEPOT.

16. Stanley St.

Tel. 1279

KOWLOON

DEPOT,

19, Canton Road

CANTON DEPOT. 19. Sharki

Central East

YES SIR, WE'LL SEND IMMEDIATELY.”

IT IS TO YOUR INTEREST TO HAVE YOUR

GARMENTS HYGIENICALLY

PHONE OR

LAUNDERED.

WRITE ANY OF THE ABOVE OFFICES.

THE STEAM LAUNDRY CO.

JAPAN COAL

AND

GENERAL IMPORTS AND

EXPORTS

AGENTS FOR :—

able to discover within a reasonable THE MITSUBISHI MARINE & FIRE INSURANCE CO.

THE OSAKA MARINE & FIRE INSURANCE CO.

Fortunate. Mr. Jeakin: Take any computa- tion you like, you will find that: the sales before January 11th, 1921, show that the bighest market price is $39,500 for two

Mr. Little: I am prepared to

this occurred through tourist par-support the Store. He understood ties monopolising the accommoda that since then there had been an accept that, but I would point out Lill They could not very well improvement, but there was still that none of those sales are within ask the Tramway Cujapany to fore-room for greater improvement.

would be

in

too

two. years at the date of the sale.

go the revenue they obtained from Mr. Beavis considered tha: one Mr. Jenkin proceeded to put a this source, but he thought it might difficulty was that the Store did question in which he referred to be suggested than they should not open until 8 am, which did the solicitors who bave been make arrangements with the tourist not give the coolies time to get back fortunate enough to secure your agents to avoid the busy hours. again in time for breakfast. Per-services."

Hon. Mr. E. V. D. Farr suggessonally he

only

"Do not be rude. Mr. Jeakin," ted that a trum when it was full anxious to support the Store if the interposed Mr. Porter.

"I am time. should be allowed to start at once.coolies could get back

not rude," was Mr. instead of waiting, as often hap. He though that if the Store was Jenkin's retort.

"But

worda you used the That. opened half an hour earlier it would pened, for several minutes.

the 'unfortunate to -secure your he thought, would relieve the con-make all the difference in

majority of cases.

services, M. Potter observed. gestion somewhat. I 1 itam

Mr. Hornell mentioned that hel

"Sa. 1 used the word 'for- started immediately it was full it

had discussed the matter with both tunate." Mr. Jenkin replied. Mr. could be back within SeVPIL or

Potter was satisfied and smiled. Mr. Bridger and Mr. Sterenson. eight minutes, and off again

That

There was considerable difficulty.

Mr. Jenkin: Do you say that in opening before 8 o'clock because in 1921 at a figure of $31,000 was the sale of these particular houses the Dairy Farm men had to

get

ould mean that in the course of half an hour or so they would be able to get one more journey in.

aver from Kowloon. Fish could Disgraceful Scramble. not be obtained from the market Hon. Mr. A. G. M. Fletcher until 10 o'clock, and as

eggs and thought the Company might con [bacon and practically anything else aider a scheme of issuing tickets required for the breakfast table to passengers as they arrived. It could be obtained when the Store is perfectly disgraceful the scram. opened, there ought not to be any bling and pushing that gues on great difficulty about it.

This was all the business.

some occasions. Women and chil. dren are often pushed out of the There was the dificulty, of Way. course, of people getting in att Kennedy Road and Barker Road. but it ought to the within the hounds of possibility to havé sour (proper method of preventing the

rushing of the trams.

PROPERTY VALUES.

& fraudulently gross undervalue?

Witness: I say the value was $50,000 at that time.

What you say is that the defendant should have employed broker tu dispose of the property? I should certainly have employ ed a broker.

You perhaps do not know that be did? It is not up to me to know what he did.

If he employed s broker and ask- ed $37,000 for that property and eventually got $31,000, would you Aay that the sale WAS at a fraudulently gross undervalue-I have not said that yet.

More Expert Evidence

Would you say so-I am only Interesting evidence on property here to say what the value is.. MÀ H. B. L. Dowbiggin entirely values in Hongkong was given The Chief Justice: I think that concurred with Mr. Fletcher's reyesterday afternoon in the Chinese is a fair answer. The witness is marks. He had himself been pre. partnership dispute now being heard not expected to indulge in flowers vented from boarding three trams by the Chief Justice (Sir William of rhetoric as to fraudulent icted- by people arriving at

Rees Davies). The plaintiff in the tions. He gives you his opinion as ation alleges that two bouses in to what the property is worth. mitiute and pushing themselves on Gilman's Bazaar in which he was In reply to further questions the He considered that only a limited interested wers sold at a gross witnees still beld that the real number of persons should be allow-jundervaluation by the defendant, value of the property was $50,060. the managing partner. The sum Ho pointed cut that mang Chinese

the Jast

ed on the platform'at, a tithe,'

or

Non-Stop Trams. Mr. E. B. C.

Hornell asked

85 Mr.

MITSUBISHI SHOJI KAISHA

(MITSUBISHI TRADING CO., LTD.)

HEAD OFFICE :-TOKYO

No. 14, PEDDER ST.,

ONCE YOU HAVE TRIED-

HONGKONG.

SCHEWEPP'S LEMON

YOU WILL AGREE THAT IT IS BEST, Wholesale From

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SHIPBUILDING MATERIALS, SHIPUHANDLERS AND HARDWARE MERCHANTS.

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

The Chief Justice: Mr. Bird

commercial transaction.

say that it should be purely a

Mr. W. C. Shiner thought that of $1,000 was received for the property buyers were satisfied with the difficulty in the way of Mr. property and the plaintiff's conten a low rate of interest on account of Parr's proposal was that it took tion is that this is about $20,000 the position of the premises. They such a long time to load up the less than the actual market value. got their profts from the busi market coolies and their baskets in The principal witness yesterday Dess the morning.

The Chief Justice: Mr. Bird said Tuttle, Calbourne.

A COLDSTREAM RELIC. Hon. Mr. Parr Tial dors not F.B.I.B.A., of the firm of Messrs that the property in 1021 was worth

An ancient bell, reported to be apply to the middle of the "day Little, Adams and Wood, architects no more than in 1922. Do you

la the about a thousand years old, has the evening.

and civil engineers. Examined by agree?

Witness: Property in 1922 was sale of property you should consider just been unexpectedly recovered Mr. Eldon Potter, counsel for the

Properties what return you are likely to get by Coldstream Town Council after plaintiff, he estimated the value of worth a little, more.

In other upon it. You say that the pro- having been lost for many years. the property in dispute at $50,000.improve every year. whether it would not be possible He considered that sales of a words the value of the property perty in question bas enhanced in This is the Lennel hand, bell,, an value owing to its surroundings, and interesting relic of the old border' to have certain of the trams run similar class of neighbouring was less in 1921 than in 1922.

although you get a smaller return village of Leonel, which was straight up to the Peak without property over a certain period gave

uz the capital you get it out of the completely wiped out during one The witness pointed out, in re- stopping. At Se present tuae fair inder of the market price. Mr. Prak residents were crowded out Little gave the following sales of ply to further questions, that business. The two propositions of the frequent wars in the Bor

are entirely different.

ders about the year 1200. Unill by pouple who only wanted to go House aumber one was add in perty in this particular Vicinity.

similar property in the some street, there was a big demand for pro

The witness agreed."

1716 the parish of Coldstream to Bowen Road and Kennedy Road. December, 1022, for $24,000 house A six per cent basis was a generous Mr. Potter pointed out that there itself bore the name of Lennet or

Hon. Mr. Parr thought. Mr. number 18 in December, 1921, for basis for property of this kind. were hundreda and thousands of Linhall Hornell's idea an excellent ODE. £26,000; house number 21 in July. In buying premises for his own use properties in the Colony, which Worked in conjunction with the 1922, for $25,500: house number a Chinese hardly ever considered were not bought for the purposes suggestion ho himself bad made 27 in March, 1921, for $21,000, and the percentage be was likely to get of investment.

Big Demand.

about the trama starting a soona balf share of boue number 41 in from it. He was content with the After further evidange Ead been so they were fall, he thought July, 1922, for $18,000. This profite he would make on the busi- given, the case was adjourned. would relove a good deal of the gave an average price of $24,500, peas there,

Carnéo, said 1, Žy VICTOR RECORDS ahilf be my Biograph MOUTRIES:-Solo

i+