1925-12-08 — Page 4

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New Advertisements.

PROSPECTUS.

THE HONGKONG TELEGRAPH,

Tho Subscription List will be opened on Tuesday, the 15th day of December, 1925, and will close on or before Thursday, the 81st day of December, 1925,

HONGKONG TELEPHONE COMPANY, LIMITED. Incorporated under the Companics Ordinance, 1911. Capital $5,000,000 divided into 500,000 Shares of $10 each.

Of the above shares 110,000 were subscribed for each on the incorporation of the Company by the two Promoters, the Hon. Sir C. P. Chater and James Harper Taggart, as to 15,000 each, and by the Directors, the Hon. Sir C. P. Chater, the Hon. Mr. P. H. Holyoak, the Hon. Mr. Chow Shou Son, the Hon. Mr. R. H. Kotewall, the Very Reverend Father Leon Robert, Robert Gordon Shewan, John Scott Harston and James Harper Taggart as to 10,000 shares each.

On these $3.50 per share (hein; as to $2.50 one-quarter of the nominal value of the share and as to $1.00 the premium thereon) was paid on allotment and the balance (87.50 per share) will be paid when called up on the same basis as the remaining capital.

140,000 shares credited as fully paid up and ranking for dividend as from the 1st July, 1926, have been allotted to the China and Japan Telephone and Electrie Company, Limited, in pursuance of the Agreement (hereinafter called "the Purchase Agreement") 'dated the 29th day of May, 1925, made between the China and Jupan Telephone and Electric Company, Limited, of the oue part and Jumes Harper Taggart on behalf of the above Company of the other part.

The remaining 250.000 shares, to rank for dividend from the 1st day of January, 1926, on the nominal amount from time to time pald up thereon hat in all other respects equally with those already subscribed, are now offered for public, subscription. $3.50 per share Is payable on application, being as to $2.50 one-qaarter of the nominal) value of the shary and as to $1.00 the premium thereon. The balance due on each share, namely $7.50, will not be called up at present but is to be called up on subsequent demand as and when capital is re- yuired.

In alotting shares the Directors will, if there are sufflelent applications from bona fide residents in the Colony of" Hongkong, allot shares to such applicants only, and they will also pay due regardi to the applications of telephone subscribers.

Directors.

The Han. Si Catchick Paul Chater, Marble Hall, Victoria. Hongkong, Member of the Legislative Council of the Colony of Hongkong.

The Hon. Mr. Percy Hobson Holybak, of Messrs. Hulyork, Massey & Co., Ltd., Victoria, llongkong, Merchant.

The Hon. Mr. Chow Shou Son, of the. Bank of East Asia, Limited. Victoria, Hongkong, Banker.

The Hon. Mr. Róbert Hormus Kotewall, of China Building, Victoria, Hungkung, Merchant.

The Very Reverend Father Leon Robert, of Missions Etrangeres, Victoria, Hongkong, Missionary.

Robert Gordon Shewan, of St. George's Building, Victoria, Hongkong, Merchant,

John Scott Harston, of Prince's Building: Victoria, Hongkong. Solicitor.

James Harper, Taggart. of Vietoria, Hongkong, Managing

Directer of The Hongkong & Shanghai Hotels, Lid,

TUESDAY, DECEMBER 8, 1925.

"conduct in continuity of the business being "the property of the Vender Company and "used by it for the purpose of its business "and including spare plant and stores of all "descriptions (whether actually in use or not "in use) without any exception whatsoever "save as hereinafter montioned in the posKES- "alon of the Vendor Company or to which it "Is entitled and also meluding works of all, "kinds in the course of construction without "exception.

(d) The benefit of all contracts and engagements "entered into by the Vendor Company in the "Colony of Hongkong in relation to its sald "business (but excepting contracts with "employees of the Vendor Company for which "special provision is hereafter made)." "(e) The Vendor Company's rights and corres-

"ponding obligations in respect thereof relat "ing to all wayleaves ways and all other "rights and casements enjoyed and used by "the Vendor Company for the purpoac.of its "said business.

"(3) The consideration for the said sale shall be the

"following sums that is to sny:-

"(a) The sum of $1,155,000 (One million one "hundrod and fifty-five thousand Dollara "Hongkong Currency) for the plant of the

Vendor Company,

(b). The landed cost to the Vendor Company of "all additions made to the said plant and/or "property from the First day of January One "Thousand nine hundred and twenty-five to "the Thirtieth day of June One thousand nine "hundred and twenty-five.

NEW

ADVERTISEMENTS.

ADVERTISE YOUR WANTS IN

THE HONGKONG TELEGRAPH which is › THE EVENING NEWSPAPER WITH THE LARGEST CIRCULATION

25 WORDS FOR ONE DOLLAR PREPAID

$1.50 if not prepaid.

Advertisers should, note that replies must be called for at this office.

GIVE THESE COLUMNS AN OPPORTUNITY TO ASSIST YOU,

The following replies are awaiting collection ---- Nos. 1366, 1375, 1314, 1320, 1384, 1376 1985, 1342, 1392, 1397, 1409, 1418

PREMISES TO LET

TO LET. Two unfurnished.

European FLATS, with flush system, at St. Josep 's Man sion, Rob neon Foed. Overlock- ing Catholic Cathedral. Apply to Catholic Mission

!

MISCELLANEOUS.

fitting of a 2 roomed flat.

NOTICE.

IT IS HEREBY NOTIFIE that on and after WEDNESDAY, the 9th instant, THE SUPPLY OF WATER TO ALL the RI- DER MAIN DISTRICTS will be controlled by bringing the RI- DER MAINS into operation and that Wator will be Turned on to each RIDER MAIN daily for Two Consecutive Houre. Inform- ation as to the Hours of Supply to any Particular Property may be obtained on application at the Office of the Water Authority, the Secretariat "for Chinese Affairs, or at the Tung Wah Hospital.

HAROLD T. CREASY,

Water Authority.

Public Works Department, Hongkong. 7th December, 1025,

ST. STEPOEN'S COLLEGE.

FOR SALE-Tho furniture and 5, and 6 Prospect Palace, cost $1.906, will sacrieu for $1,000

The New Term begins Mon- for quick sale. This flat is fitted with European bath, zegeer, flush day, December 14th. Examinh- sya'am, gas elove. 2 large tion for New Students, Frides, Azmi s'er carpo a, cooking a on December 11th at 9.30 a.m. sils an gla-swaro. Can be soon PRIVATE RO FL, quirt Bri- every day from 11' .. until 6 tish family, fuli oard and Pa. 4, King's Terrace, top floor. residence from $4.00 daily. One Rent $100, vacant end December. minute from forry Special family "(d) The value of the stores of the Vendor Com-

rates. Cuisine under personal "pany which at the Thirtieth day of June One supervision. 1, Victoria Gardens. "thousand nine hundred and twenty-five are Hankow Road, Kowloon, Tel. "in the possession of the Vendor Company In K.357. "the Colony of Hongkong or are in transit to

"(c) The sum of $491,385 (Pour hundred and "ninety-one thousand three hundred and "thirty-five Dullars Hongkong Carrency) for "the land and buildings of the Ventior Com "pany which are more particularly set forth

in the Schedule teroto,

the Vendor Company there or for the pur-

"chase of which the Vendor Company has 10 LET. No. 11, Chatham Road, Kowlcon. Apply to

"entered into binding contracts.

"(4) The said consideration shall be antisfied (as to the J. M. Percita. Ecwloo. Hotel.

"sum of One million four hundred thousand Dollars "part thereof) by the allotment and issue to the

"Vendor Company of. One hundred and forty thou-TWO ROOMS, Top Floor, Apply "sand shares of Ten Dollars each in the Hongkong Holyoak, Massey & Co., Ltd.

Queen's Büildings.

"Company credited as fully paid up ranking for "dividend as from the First day of July One "thousand nine hundred and twenty-five and (as to

"The balance thereof) by payment in cash in Hong- "kong Currency in Hongkong by the Hongkong Com- "pany to the Vendor Company."

THE SCHEDULE ABOVE REFERRED TO: Properties Owned by the Vendor 'Company,

Ia pursuance of the terms of the Purchase Agreement, the No. 2 Queen's Rond Central and China and Japan Telephone and Electric Company, Imited, and the

No. 14 Ice House Street.

Oriental Telephone and Electric Company, Limited, or either of these No. 1 Cameron Road, Kowlcon. Companies, 80 long as these. Companies or either of them hold in

Inland Lot No. 57, Sections A & B

of Inland Lot No. 339.

Section A of Kowloon Inland Lot!

No. 549. Remaining Pertion of Rural

Building Lot No. 47. Properties Leased by the Vendor Company,

their or its own right not less than 100,000 fully paid up shares in Nos. 118 and 119, The Peak. the above Company are to have the right of hominating two Dircetors of the Company provided snrh Nomingted Directors are bona fide residents of Hongkong. The first nominated Directors (nominated i by the China and Japan Telephone and Electric Company, Limited,) are the Hon. Mr. P. H. Holyoak und Mr. J. H. Taggart..

Bankers, The Hongkong and Shanghai Banking Corporation, Hongkong. Auditors.

Messrs. Lowe, Bingham & Matthews, Victoria, Hongkong,

Chartered Accountants.

Solicitors.

Mesars, Deacons, Vieloría, Hongkong.

Registered Office.

10. Des Vocux Road Central, Hongkong. Acting Secretary.

A. L. Terry, ACLS.

The Company was formed on the 24th June, 1925, for the purpose of taking over the undertaking in Hongkong of the China and Japan Telephone and Electric Company, Limited, who was the Vendor thereof and whose Regis- tered Office is situate al Alderman House, Alderman Walk, Bishopsgate, London, England. The material terms of the bargain are set forth in the Purchase Agreement a follows:-

1

AL TA

(a) Six Office Rooms in Nos. 15 and 17 Queen's Rond Central, (b) One Two-storevell Godown, used as Store and Workshop

being No. 3a Duddell Street.

(c) Portion of land belonging to Kowloon-Canton Railway at Blackhead's Point, Kowloon, for storing cables, In addition to the allotment of 140,000 shares of the Company, credited as fully paid up, the China and Japan Telephone and Electric Company, Limited, has received from the Hongkong Company $200,000 in cash on account of the consideration specified in the Purchase Agreement.

TO LET-Cne Furopean flat, Wanrbni Gap Fund. Hong- tong. Apply to 32 Kennedy Road.

NOTICE.

TUE COINA LIGHT & POWEN COMPANY (1918) LIMITED.

"House, Flats, Building-Lots. The SEVENTH ORDINARY Estates nos otiated for rent, auc-YEARLY MEETING OF tion, or private sala. Manage SHAREHOLDERS in the above- ment arranged for clion's pro- Company will be held at the coading abroad. Telophone 04630 Offices of the Company. St. Small Investors, 1, Dos Vox George's Building, Chater Road, Road."

WANTED.

| WANTED—A good home for a Siamese Cat, Male, 5 months old. Reply Box No. 1422, Caro of

Hongkong Telegra¡ h."

LOST.

09.- 1 Camora (Eastman Box) St-Vicent de Paul Bazaar, finder pleasos return to

clo Jardine;}

At the General Meeting held E. E. Osmund on November 26, 1925, the Share-Matheson & Co., Ltd. holders of the Societe Francaise de Gerance de la Banque Indua- trielle de Chine have decided to increase the Capital of the Com- pany to Frs. 20,000,000 and to alter the name to:

BANQUE FRANCO-CHINOISE POUR LE COMMERCE &

of

L'INDUSTRIE. This new name does not imply any change in the organization the company, but has been adopted for the sole purpose of The Hongkong Company was formed for the purpose, also, of supplying telephonie communication within and between the Colony emphasizing the Franco-Chinese

character of the institution. of Hongkong and its Dependencies and the New Territories for a period of Fifty years under a Concession from the Hongkong Govern- ment detailed particulars of which appear more fully in The Telephone Ordinance 1925 (hereinafter referred to as "the said Telephone Ordinance").

The Hongkong Company is authorised to charge the following annual rates with effect from the 1st July, 1925:

(a) $108 per Exchange Line within (1) Victoria and Kowloon

as defined by the, Interpretation Ordinance 1911 and (f)) within the Peak District as defined by the Peak District) Reservation Ordinance 1904 bat substituting 700 feet"", for "788 feet."

b) $108 per Exchange Line within a radius of one mile from any exchange that may hereafter be opened outside the areas referred to in (a).

(e) An additional charge of $50 per mile or part of a mlie measured outwards from the nearest point of the boun- dary of the areas referred to in (a) and (b).

"(2) The Vendor Company will self and the Hongkong "Company will purchase as at the First day of "July One thousand nine hundred and twenty-five "the said Telephone business and the whole of the "andertaking in the Colony of Hongkong and the “Dependencler thereof as a going.concern (with the "benefit of all assets there situzte but exclusive of "The nel profits, investments, cash in hand and in "the Bank and debts due to the Vendor Company

(d) For extension telephones, bells, switches, switch-boards, "on the Thirtieth day of June One thousand ninet

power-circuits, removals, and other services of like nature, "hundred and twenty-five) of the Vendor Company

such charges as the Governor-in-Council may approve. "out free from all debentures, mortgages,

Should the charges above referred to be insufficient to pay to the "charges of any kind and the Vendor Company save shareholders of the Company a minimum dividend of Eight per cent. "as hergiu specially provided for shall pay and dis- per annum of the paid-up capital of the Company for the time being, "chargé all liabilities whatsoever incurred by the after making provision for working and managing expenses, main- "Vendor Company prior to the First day of July tenance and efficient service, depreciation and reserve, and the other "One thousand nine hundred and twenty-five nelud-deductions referred to in Section 35 of the said Telephone Ordinance "ing the satisfaction of all claims in respect of staff the above rates are to be raised so as to enable the shareholders to "superannuation funds bonus finds and/or other receive such minimum dividend of Eight per cent. per annum. "bonus payments up to and including the Thirtieth

The amount to be written off as provided annually for deprecia-

Or

"day of June One thousand nine hundred and twenty-tion is not to exceed ten per cent, on the cost of the Company's plant "five Provided always and these presents are upon and equipment other than land and buildings, and the amount that this express condition that the same shall be subject may be appropriated annually by the Company to a Reserve Account "to the said James Harper Taggart being satisfled shall not exceed $60,000. "with the state and condition of the plant (including

The net profits of the Company after providing as aforcsald are "eables conduits, etc.) of the Vendor Company. The to be used firstly in payment to the Government of a royalty of Four "said phrase the undertaking' shail be deemed Dollars in respect of each direct exchange line Telephone which has "to include:

been used and paid for during the whole previous Twelve months by Telephone Subscriber or One Dollar per direct exchange lino Tele- phone for each period of Three months or less.

"(a) The Goodwill of the Vendor Company as now "carried on in the Colony of Hongkong and "the Dependencies thereof.

The sald net profits are secondly to be applied in payment to "All the tands and buildings of the Vendor the shareholders of the Hongkong Company of the minimum dividend

"Company owned and/or leased by the of Eight per cont. per annum rising to Twelve per cent. per annum. "Vendor Company for the purpose of its sald

If the net profits be such that a larger dividend than Twelve "business being the premises set out in the per cent, por annum can be paid then as to the difference between "Schedule hereunder written subject to the Twelve per cent. and Eighteen per cent, half thereof is to be paid "rents conditions and reservations affecting and the remaining half of such difference is to be set aside for the by way of increase of dividends to the shareholders of the Company, (e) All plant material storos machinery property benefit of subscribers by way of reduction of the subscription rate

stock. In trade instruments furniture and authorised us above mentioned. The dividend payable to shareholders is limited to a 'maximum of Fifteen per cant per annum LEAN

"the same.

4

J

NOTICE.

KOWLOON BOWLING GREEN CLUB.

Victoria, Hongkong, on Monday, the 21st December, 1925, at 11.30- o'clock in the forenoon, for the purpose of receiving a Statement. of Accounts and the Report of the Goneral Managers for the year ended 30th September, 1925, and electing a Consulting Committee

and Auditors.

The Transfor Books of the Company will be closed from Thursday, the 10th December, 1925, until Monday, the 21st December, 1925, both days

inclusive.

SHEWAN, TOMES & CO... General Managora. Hongkong, 5th December, 1925.

BONGKONG Sг, ANDREW'S 'SOCIETY' པ་ཅན་ད:མངར་ ANNUAL BALL. to be held on

Friday 26th February, 1926.

CLOSING DAY.

Members are notified that the closing of the Bowling Season and The abova dato has now been" Presentation of Prizes will take fixed for the Annual Ball. Reel place on Saturday, 12th December. Practices will take place in the

B. WYLIE,

City Hall on Friday 19th Feb. Hon. Secretary and on Tuesday 23rd February Hongkong, December 7, 1925.

from 5.30 p.m. to 7 p.m.

Arrangemente for Ball Tickets for Membore and their guests will remain as already instructed for the original dato 'unless the

Full particulars in respect of the above appear in the Telephone

(b) The minimum subscription on which the Directors may Honorary Secretary is notified in

Ordinance, 1925.

proceed to allotment is Seven shares,

writing of any changes on or

(e) The shares now offered for subscription have not been before Thursday, 18th Feb. 1926.

underwritten.

.:

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

Company.

(e) The Company is to pay the preliminary expenses of and incidental to the formation and flotation of the Company down to the time when it becomes entitled to commence

Mr. A. Ritchie, the duties of Hon. Owing to the resignation of Secretary will now be undertaken by the undersigned.

A. K. MACKENZIE,

& Co., Ltd. Queen's Builditg.

business and also the legal costs and expenses of and e/o Messrs. Holyoak, Massey incidental to the negotiations which have taken place for acquiring the aforesaid undertaking and the negotiations with the Hongkong Government arising thereout and the obtaining of the aforesaid Ordinance, such legal costs and. exponses to be incurred during the year 1925, and the estimated amount thereof Is $20,000.

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 Directors, is to be $2,000 per annum,

NOTICE,

NOTICE IS HEREBY GIVEN that Mr. F. Munford is no longer connected with this Company and ceased to sign as Secretary from

(g) The Directors were interested In the promotion of the Company to the extent only that they of some of them are Directors of other companies with whom the Com- 1st. December, 1925.

pany may do business.

(4) Copies of the Memorandum and Articles of Association

of the Company and of the Purchase Agreement and of The Telephone Ordinance: No. 9 of 1925 cán bo inspected at the office of Messieurs Doncons, Solicitors for the Company, at any time during business hours, ( A copy of the Company's Memorandum of Association

Is annexed to this Prospectus and forms part of it.

() Application for shares should be made upon the form

accompanying the Prospectua and sent to the Company's Bankers together with a remittance of $3.50 per share, being as to $2.50 thereof one-quarter of the nominal value of the share and as to the remaining $100 the premium thereon. Where no allotment is made the deposit will be returned in full and where the number of shares allotted is less than the number applied for, a proportionate amount of the deposit will be returned..

(E) Prospectuses.can be inspected at and forms of applica

tion-obtained from the Company's Bunkers, the Hongkong and Shanghai Banking Corporation, Hongkong, and at and from the offices of the Company's Solicitors, Messieurs Deacons, No. 1 Des Voeux Road Central,

KOWLOON TONG & NEW TERRITORIES DEVELOP. MENT CO., LTD.

E. D. SHANK,

General Maneger.

MASSAGE HALL

28" WYNDHAM STREET

MRS. H. MORITA.

MASSAGE

Mr. N. AKAJI, Mr. E, AKAJI, Graduate of Tokyo wange School No. 252, 2nd. Floor, WYAIDĀM ST.

ÚONGKONG: TEL, CÁMS”