1923-05-03 — Page 6

THE HONGKONG TELEG

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17, Connaught Road, Central, Tel. C. 1166.

The Telegraph.

HONGKONG, 3rd May, 1923.

DEFENDING OUR EASTERN INTERESTS.

A

THURSDAY, MAY 3. 1923.

LOCAL COMPANIES AMALGAMATE.

position wo should have to Continna to rely on the goodwill of Japan. That would be an intolerable position. Whether Japan ware to remain for ever Land Investment & Central friendly or not, no self-respecting Estates Meetings.

Copies of the existing memo- randum and the draft new one had been open to inspection__at the Company's registered office and at the office of their solicitors,

DAY BY DAY.

THESE ARE THE SIGNS OF A

and there were copies which WISE MAN: TO REPROVE NOBODY, might be inspected on the table. TO PRAISE NOBODY TO BLAME Power, as Commander Bellairs:

A comparision of the two showed NOBODY, NOR EVEN TO SPEAK OF rightly remarked, could indefin-Land Investment and Agency considerable additions to the old

A meeting of the Hongkong that the new memorandum made HIMSELF ON HIS OWN. MIRITS.-- itely be expected to depend on Company, Ltd., was held at the one, partionlarly in regard to

Epictetus. another Power for its security officea of Messrs. Jarline,overy-day powers which a com- Yesterday's health

Matheson & Co this morning. Mr. pany should possess. and even its existence. Finally. D. G. M. Bernard presided and

return shows two cases of small-pox there has been no secret regard-there were also present Sir Paul directors al found needed bring-

The Articles of Association thend one of plague. All wer

Chinese. ing our intentions to mate Chater, Mr. A. H. Compton, Mr.jing up to date and altering in Singapore a

H. P. White, Mr. A. S. Gabbay, certain respects. As in the cas caval basa-the

Mr. H. A. Jones, manager of possibility was fully realised by Mr.

Sir Robert Ho Tung (directors) of the Memorandum of Associs-Mesars. Moatris and Co, Ltd

L. S. Greenhill (xating tion, prints of the *Washington Conference, secretary), Rev. Father Robert, Articles and the draft Articles Singapore by the P. & O. &...

the existing left on business trip t

Karmala yesterday.

Britain's Air Power.

Resolutions were then passed

Central Estates Meeting.

...

N

One of the lodgers at a boarding Central was yesterday removed house at No. 17, Connaught Road to the Government Civil Hospital with a larcerated tongue. The

From every standpoint, therefore, Mesars. E. Sadick, 4. B. Stewart had been open to inspection. it is essential that we have the H. A. Rodgers. G.. W. Barton, of the alterations to the existing C. C. Boyd, W. E. L, Sherton, Explaining the most important meaus of defending our interests J. T. Bagram, R. J. Wilton. Les Articles, the Chairman said that Company have arrived here by The Gilbert and Sullivan Opera in this part of the world. Those Ping-seen and J. M. Alves these provided that no person the E&A. 88: S: Albans, but no means cannot, unfortunately, be

(shareholder) met in Hongkong, but they can meeting had been convened for stead of 2,500, and under another

The Chairman said that the of more than 10,000 shares in a performances being given.

could be registered as the bolder announcement has been made of be provided in Singapore. And the purpose of considering, and if article power was taken for re- we are glad that the House of thought fit, passing an extraord-duction of capital, also for the is far too lengthy for publication Mr. J. M. Xavier. Your letter Commone gave auch

inary resolution adopting the con sub-division a large ditional agreement for the amal under the present article 13 was san condense it by simply outlin a shares, which in our columns. If, however, you majority in support of the project. gamation with the Company of probibited.

the Hongkong Central Estates, been changed from 12 to 6 mem-be pleased to give publicity to The quorum had ing practical proposals, we shall Ltd. and for the purpose of consi-bers personally present and the your views. dering, and if thought fit, approv-provisions as regards voting had ing the draft new Memorandum of bean slightly varied. The number In view of the decision to make Association with regard to the of directors was to be not less than 0... Karmala yesterday includ

Passengers leaving by the P. & Singapore a great naval base. and objects of the Company, and also three or more than nine, insteaded Mr. and Mrs. D. W. Tretman," the question of serial defence of the draft new Articles of Associa of not less than five or more than Mrs. Parker Rees, Engineer Com- that island, the statement by Sir [tion of the Company. Samuel Hoare that he wanted to As regards the conditional machinery introduced for effact H. Edmonds, OBE,

nine. Provision was made and mander G. W. Odham, Major C. see the British Empire leading in agreement, the directors of the ing the capitalisation of reserve Teesdale Mackintosh and Mr. J.

Mr. development, and the greatest air Company were approached some fund, if desired, at any time and Bentley. power in the world, is of additional time ago by the Chairman of the payment of interest out of capital import. Eventually, with all the Board of Directors of the Hong-was provided for. schemes that are a foot, the Empire kong Central Estates, Ltd., with should attain an unchallengeable the suggestion that it would be assenting to the proposed changes position in world affairs. The to the mutual benefit of both British army has been reduced-Companies to smalgamate. The some say to a degree well below Company's Board of Directors the margin of safety-but our had gone very thoroughly into Central Estates, Ltd., was held to cut it off in an attempt to com- A meeting of the Hongkong man, it is said, had endeavoured navel and aerial strength is ap-the matter and were of the following the above meeting. Sir mit suicide. parently to be brought up to alunanimous opinion that standard that will make up for scheme for amalgamation was were also present Rev. Fr. Robart, the Paul Chater prasided and there all seeming deficiencies in other desirable. directions. It is generally agreed tore conditionally entered into Compton (directors), L. S. Green Hall on

They had

there-Messrs. D. G. M. Bernard, A. H.give recitals at the Cathedral I upils of Mr. Harry Ore are to that modern warfare and the this agreement with the directors hill (acting secretary), Sir Robert instant. On the first-named date warfare of the future-must be of the Hongkong Central Estates, Ho Tung, Messrs. C. C. Boyd. H. the contributors to the programme the 14th. and -16th. based principally on aerial actions, Ltd. and were asking for approval M. E. Nemazee, J. T. Bagram, E. will be Miss H. Irving, Miss A This Colony has more than 80 Britain's very serious deficit in of the schema. passing interest in the proposal early remedying. It is to be hoped tion it was necessary that the

Sadick, and J. E. Joseph (chars- Remedios, Mlle. S. Gain, Miss J. this department certainly requires!

In order to cffact the amalgama-holders). to establish at Singapore & big, that the forthcoming Imperial Hongkong Central Estates, Lid.men, as indicated, in the notice Miss M. Gomes. On the 16th, The Chairman said:-Gentle A Baptista, Miss M. Nicholl and Tharahill, Mise R Wong, Miss. modern naval base. Hongkong Conference will see its way to should go into liquidation. The which has just been read by there will be a vocal and piano has been the headquarters of the tion, without ins delay, of the were shortly: The Hongkong meeting has been convened for Gomes, with Mr. Ore as the so- inaugurate a scheme of augmenta- terms of the amalgamation the Company's Secretary, this recital by Miss Maria Margarida Chins Squadron for many years Air Force unit. Unfortunately Central now, and it will be with feelings the Conference will not meet until transfer to the Company, all and if thought fit, passing an extre

Estates, Ltd., would the purpose of considering, and companist. of considerable regret that we the sutuma, when we shall pro- singular, its lands, buildings, etc. ordinary resolution that it is! shall in the future see our pre-nations in this important arm of ditional agreement.

bably be still further behind other as from the date of the con-expedient to effect the amalgama DESPERATE ROBBERS. dominance #13

In returation of this Company with the naval base our defence. One big factor to therefor the Company would Hongkong Land Investment and decline in favour of the southern take into consideration is Labour allot four shares of its unissued Agency Co, Ltd., and with a view

Man Badly Injured. port. The terms of the Washing sibly for the good of the nation, but fully paid up to every member of wound up volontarily and that Ngaupunten when robbers broke acxious to save money (osten-capital of $25 each credited & thereto that this Company be on the night of the 29th. ult. at A desperate struggle occurred ton agreement, however, make probably more as a parrot-like echo the Hongkong Central Estates, Mr. H. P. Smith be appointed into a hut occupied by a labourer further developments here im- of its election pledges), anxious to Ltd., in respect of each $100 liquidator, and possible, and it thus becomes avoid war at any cost, and eager share held by bim is that Com-sidering, and if thought fit, to discover three men by his bed- further con- and his wife. The man woke up inevitable that arrangements be Government. The Conservatives, would

to find a lever for use against the pany. Further, a sufficient sumpassing two further extraordin side. He resisted their efforts to made whereby British interests and many of the Liberals, can be liquidator out of cash in hand to liquidator to adopt the Conditional having been pressed to the ground, be retained by theary resolutions authorising the overpower him but eventually, in the East shall be adequately counted on to keep national de- pay to each member of the Hong Agreement which is before this he was cut on the head, arms and protected and provision also be there is always the risk of a future equivalent to $60 per share in effect, and also as to date of the assailants picked up from a fensive needs to the fore; but kong Central Estates, Ltd. a sum meeting and to carry same into legs with a chopper which one of made for the defence of Australia. Labour domination upsetting the respect of every share held by allotment of shares in the Land table. The debate on the Singapore pro-best-laid plans of our present him. ject in the House of Commons Government.

One of the things that was bers of this Company.

Investment Company to mem- Money and valuables of the necessary to provide for was the

total amount of $65 were stolen security of the debenture hoders your Company were petitioned

Some time ago the directors of before the gang made their escape. speaking, but it seems to me that Japanese and Tennis.

of the Hongkong Central Estates by a large majority of sbare- Ltd., there being outstanding holders of this Company stating It is truly remarkable. how debentures to the value of one and that they considered an amalgam- not only labouring under mis lawn tennis has gripped the a half million dollars which were ation of the Company with the apprehensions regarding our right people of Japan within recent repayable on the 31st May, 1924. Hongkong Land Investment and to lay down, such a base, but years, eg that in a way it has The debenture holders had agreed Agency Co, Ltd, would be in the

become almost the national sport to allow the Hongkong Central best interests of the members of Mr. J. R. Wood, at the Police were also uncommonly willing to

A Chinese was charged before of the more leisured classes. impute ulterior motives to the

In Estate Ltd, to go into liquidation both Companies. Your Board Court this morning, with the tropical cities one may see without the debenture holders of Imperial Government in connec Japanese 60 enthusiastic that therefore enforcing,

Directors went into the theft of eleven spoons and three tion with the matter. Incident-they play throughout a grilling would

they matter and were satisfied that forks belonging to the Palace be entitled .to do, the members of this Company Hotel, Kowloon. Another man ally, it was of some interest to

hot day; and thore is at least the security comprised in would undoubtedly benefit by was charged with being the Far Easterners to observe that player hailing from Nippon who debenture holders accepting in with a view thereto approached

one case on record of a keen the

trust deed, the proposed amalgamation, and receiver." two former biogapore residents, installed

system of lighting lieu thereof covenants by the the Directors of the Hongkong from the Hotel, whilst visiting in the persons of Mr. Darbishire with electric arc lamps so that Company to perform the condi-Land Investment and Agency Lascar Row, by chance discover. Evidence was given that a boy and Mr. Penas, took distinctly should

even the setting of the sun tious of repayment in the Co., Ltd The Board of Directors ed the missing articles, which

not interfere with his debenture trust deed. opposite viswa on the subject (enjoyment of the game! Japan

The Chairman mentioned that ment and Agency Co., Ltd., in quence of a report he then made of the Hongkong Land Investhe readily identified. In conse- during the Parliamentary dis-bas produced players of world- Prince's Building and Land Com-their turn went into the proposed to the police, the shopkeeper was ' wide fame, with Shimidzu the Pany, Ltd., and Mr. Nemezee had scheme of amalgamation with the arrested as being the receiver. most prominent of all. Hong agreed with the Hongkong Central result that they approved thereof. This man declared that he bought We cannot conctive anyone kong is shortly to have the Estate Ltd., to pay off on maturity and the conditional agreement the goods under the impression that conscious of Britain's Imperial opportunity of seeing in action the whole of the moneys secured which is before this meeting was they had been lawfully obtained. interests opposing this Singapore to develop in time into a cham-the benefit of that covenant would into between the two Companies, witness, & little girl, was unsatis- a young Japanese who promises by the debenture trust deed and in consequence thereof entered achemo for protecting trade Dion of more than local fame-be transferred to the Company by and has now just been approved factory, and his Worship ordered The evidence given by another and commerce and maintaining. Honda. The writer of this the liquidator.

pote had the opportunity of

by the members of the Land the discharge of both defendants. our position in the

With regard to the draft new Investment Company in meeting. East watching Honda play in the Memorandum of Association, The result of the amalgamation If the Little Englandere bad Malayan lawn tennis singles the existing Memorandum was will be that the various pro- concessions, goods and chattels, their way, we should soon be championship last year, which he one which had been reduced to the position of a third-vious year he had succumbed to ever since the incorporation of ment & Agency Co, Ltd., will be will, together with full benefit of

won against all comers. The pre-force

inperties owned by the Company moneys (except a certain sum in in the present form and the Hongkong Land Invest cash) and undertaking and gond- rate Power. Already our Navy the then chempion, also a Japan-the Company in 1889, and the under one direct control, which all contracts and covenants sa has been cut down to almost ese, and thus exbibited greatly directors considered that in order will undoubtedly make for more from the date of this Conditions! dangerous limite, and now that improved form within a twelve- that the Company might be efficient administration. there is a desire that the mobility game, with apparently "soft" powers necessary to enable it to ation it is necessary that this indicate the particulars as to

month. Honda plays a deceptive equipped with the increased

Agreement. In order to effect the amalgam- The Chairman then went on to of the remnant shall not be un-returns which, however, are of keep pace with the times, and Company go into liquidation. The shares in the Land Investment duly curtailed, we have the deadly accuracy; and his marvel maintain its position, it should terms upon which the amalgams Co, that would be received in peace-at-any price cranks raising temperamental opponent, how of the Company as set forth in its the conditional agreement which Central Estates, and referred to lous coolness spells disaster to a increase the scope of the objects tion is to be effected are set out in exchange for shares held in the all manner of objections. Whatever brilliant. He lobs well, and Memorandum would be the position if the has a good service, but the main with a view to being placed in s some days past by members of this for the security of debenture of Association, has been open for inspection for the meeting yesterday providing Admiralty were content merely feature of his play in the Malayan position to carry on its business Company at the Company's reholders. to rest on its dars so far as the taked on the same side of the and also to carry on certain our solicitors, but I will shortly embodying the amalgamation of contest was bis backband stroke, more economically and efficiently, gistered office and at the offices of The extraordinary resolutions East is concerned? We should racket as the forehand drive, and classes of business which, under state you the terms. not have a single naval dock in denoting great strength and existing circumstances, might be

the two Companies were put to the the East capable of taking a showing up here will be keenly combined.

flexibility of the wrist. His conveniently and advantageously the Hongkong Land Investment

This Company will transfer to meeting and carried unanimously.

A vote of thanks to the Chair capital ship, and in our helpless followed in lawn tennis circles,

with their present & Agency Co., Ltd., all and man concluded the business of business,

singular, its lands, buildings the meeting.

the critice of the scheme were

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