1928-02-11 — Page 20

THE HONGKONG TELEGRAPH,

OBITUARY.

SATURDAY, FEBRUARY 11, 1928.

CANADIAN

PACIFIC

QUICKEST TIME ACROSS THE PACIFIC

TO VIOTORIA & VANCOUVER.

Yanvar Arriva

SAILINGS 1927.

STEAMERS

Hongkong Shanghal

Koba LexyS

Yokohama

Lenye

EMPRESS OF CANADA Pob. 15

Feb. 18. Feb. 21

Feb. 24

Mar. 4

EMPRESS OF RUSSIA Mar. 7

Mar. 10

Hur. 13

Mar. 18

Mar. 25

EMPAESE OF ASIA Mer, 28

Mar, 31

Apr. 3

Apr, 6

Apr. 15

EMPRESS OF CANADA Apr. 18

Apr: 21

Apr. 24

Apt. 27 May

В

EMPRESS OF RUSSIA May 9

May 12

May 15

May 18 May 27

EMPRESS OF ASIA May 30

June2

Jun 6

June 8. June 17

EMPRESS OF CANADA Jun, 20

Jun. 23

3ún. 26

Jun, 29 July 8

E423134 OFRUSSIA July 11

July 14

July 17

July 20 July 29

J&B/Reus call at Nagasaki the day after departure from Shanghai.)

SPECIAL FARES TO EUROPE

€120

£112

£88

Ail first and second class rooms on the "Empress of Canada," "Empress of Asia" and "Empress of Russia" are fitted with hot and cold running water.

HONGKONG-MANILA SERVICE

Arrivo LOATO Hongkong Manila

"Feb. 24 Feb. 26

Mar. 16 Mac. 18

EMPRESS OF RUSSIA EMPRESS OF ASIA

Leave Arrive Manila Hongkong Kar, 5. Mar. 3 Mar. 24 Mar. 26

CANADIAN PACIFIC EXPRESS

TRAVELLERS CHEQUES PAYABLE THE WORLD ÓVER,

THE SAFEST AND MOST CONVENIENT WAY TO CARRY FUNDS.

Passenger Dapertionat

Freight and Express:

Tel. 0.752.

Tel. 0. 42.

Qabiles Onbles

"GAQANPAÇ." NAUTILUK."

GLEN LINE.

Fare Hongkong to London £82.

TO LONDON, HOTTERDAM & HAMBURG vla STRAITS & COLOMBO,

Motor Vosnol. "GLENAMOY" (Via Oran) ...

Steamship

"GLENSANDA" (Via Oran).......

Motor Vaasol "OLENLUCE" (Via Oran} Motor Vossol "GLENGARRY" (Via Oran)

TO SHANGHAI, KOBE, YOKOHAMA & VLADIVOSTOCK.

Steamship "CARMARTHENSHIRE"

Motor Vengol "GLENLUCE"

Motor Veenal "GLENGARRY"

Motor Vessel "GLENTARA"

FAMOUS COMEDIAN OF

VICTORIAN AGE.

London, Feb. 10.

CAPITAL REDUCED.

· RUBBER AND MINING.

LANE, CRAWFORD'S FINANCES.

LATEST QUOTATIONS AND DIVIDENDS.

rubber and

In the Supreme Court yester- Mossra. Carroll Bros. have been The death is reported of Little day afternoon before the Chief advised of the following quotations Tich, the famous comedian.Justice, Sir Henry Gollan, the and dividends on | Neuter..

question of the goodwill of Messrs. mining sharca: Little Tich was, during his time, Lane Crawford Ltd., arose when one of the most famous of British his Lordship said he thought it comedians, A dwarf and some was rather extraordinary that what deformed, but a man of no such a business "had no goodwill." little intelligence, ho succeeded in Mr. H. G. Sheldon had stated that amusing immense audiences, who such was the view of a firm of flocked to see and hear him where chartered accounts.

ever he appeared all over the country. He had wit raro-.

Allenbys Giononlys Jimahs Kedaha

Quotations.

$2.70

2.25

1.20

8.70

Malaka Pinads Pajama

2:10

2.00

Dividends,

Lingui 5% 2nd Int.

Takka Taiping 6d. per share and bonus 1/3 less tax.

United Malacca 6% 1st Int.

The matter arose when Mr. ly met with in these days and at Sheldon, instructed by Mr. R. A. times a biting sarcasm when touch- Wadeson of Messrs. Deacons, an- ing. popular toples of the day in plied to his Lordship on behalf of his stage pattor.. He was just the Company for confirmation by such a man who would have made the court of a special resolution an ideal court jester in the days passed at extraordinary general of long ago... As a dancer he was meetings for a reduction of capi- also very clever and was noted tal from $1,500,000 divided into for his way of making up, and 150.000 shares of $10 each, to 023.51, and profit and loss account into 150,000 $63,430.84, making a total loss in his extraordinary large and long $900,000 divided

all of $562,454.35: boots which almost swallowed him shares of $6 each. up. He retired from the stage' about ten years ago.

POLICE METHODS.

REPLY TO A SOLICITOR'S CRITICISMS.

The Resolution.

THE

FUNNE

BLUE

LINE

REGULAR AND FAST PASSENGER SERVICES

FREIGHT AND

LONDON SERVICE

"HECTON".. 22nd Feb, Mar'les, London, El'dam & Glasgow "GLAUOUS - 6th Mar Maṛ'ies, London, R'dan &'Hamborg “PHILOOTETEB" 20th Mar. Mar'ics, London, B'dan & Hamburg "AENEAS'

3rd Apr Marles, London, R'dam & Glasgow

LIVERPOOL SERVICE

"MENTOR" 29th Fali Genoa, Havro, Liverpool & Glangow?” "ACHILLES”. 6th Mar. Havre, Liverpool & Glasgow “POLYPHEMUR" 1st Apr. Genon, Havre, Liverpool & Glasgow "BELLEROPHON" 2011: Apr. Genoa, Havre, Liverpool & Glasgow PACIFIC SERVICE

via Kobe & Yokohama ETALTRYRIUS" "TEUCER"

... 16th Fab. "... 10th Mar

Victoria, Vancouver & Beattle. Victoria, Vancouver & Seattle

Mr. Sheldon stated that the

Half a Million Lost. Company was incorporated in 1922 under the Companies' Ordinance. Deducting those amounts. from After referring to the objects of the totals shown on the asset aldu the Company, Mr. Sheldon continu- of the balance sheet there were ed, that the capital was $1,500,-left assets to the total value of 000 divided into 160,000 shares of $1,151,796.79. For all practical $10 each. The Company had 18-purposes the liabilities shown on sucd 125,000 shares and the sum the balance sheet as $454,251.14 of $10 per share had been paid on remained the same. On deduct. ing the amount of the liabilities Arising from the case heard be-

them.

from the amount of the depreciat- fore Mr. R.-E. Lindsell at the Central Police Court on Thursday,

ed assets it appeared that the sur- in which the Police unsuccessfully.

At, extraordinary general meet-plus amounted to $697,545.05. proceeded on a summons against the proprietor of the Nanking ings of the Company held on Jan-The paid up capital of the Com- Hotel for allegedly allowing the nary 16 and 31, the following spe-pany was $1,250,000. The sum of NEW YORK SERVICE

3500,000 had been lost or was not premises to be used for an im-einl resolution was approved:

That the capital of the Com-represented by available assets. The circumstances responsible moral purpose, Mr. T. H. King. Director of Criminal Intelligence.pany be reduced from $1,600,000 appeared before the same Magis divided into 150,000 shares of $10 for the loss were depreciation of brate yesterday, afternoon to make each to $300,000, divided into 160,-the investments held by the Com- n statement.

000 shares of $6 each and that any, loss on re-valuation of fix- In that summons, which was disr such reduction be effected by can- turea, fittings, and floating as missed, Mr. G. K. Hall Brutton, celling the capital which has been sets, and less on the Company'a for the defence, condemned the lost or is unrepresented by avail-profit and less account.

The directora considered that character of the police trap, which able assets to the extent of $4 per

was a permanent de- was operated with the use of dr-share upon each of the 126,000 $500,000 coys. In his statement in refer shares which have been issued and ficiency and ought to be written off enee to this, Mr. King yesterday are now outstanding and by re- and cancelled.

said:

ducing in the nominal amount of all shares the Company's capital from $10 to $6 per share."

No Goodwill.

Referring to the question of

With your Worship's permission, I should like to refer to the case which was in this Court yester day and in which the Nanking Boarding House was prosecuted.

"The dolicitor for the defence ing of that special resolution the the whole goodwill of the business made certain remarks in regard paid up capital to the extent of had gone.

Continuing, Mr. Sheldon ex-goodwill his Lordship said he was plained that previous to the pass-rather struck with the fact that

2nd Mar.

17th Mar.

4th Apr. 2nd

May,

2nd Mar. 7th Mar. 16th Mar. 6th Apr.

due not only to complaints

For freight, pasango and further particulars, apply to:

JARDINE, MATHESON & CO., LTD, AGENTS: THE GLEH LINE, LTD.

BOSTON, NEW YORK & BALTIMORE.

-OIN SERVION OF THE

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AND

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I

8.8. "CITY OF KIMBULEY" yia Suez Canal 20th 8.8. "LYCAON".

8.8. "CITY OF ADELAIDE"

8.8. "RHESUS"

8.8. "CITY OF DUNKIRK'

Feb.

via Suoz Canal 9th Mar. via Suez Canal 23rd Mar, vía Suez Canal 6th Apr, via Buoz Canal 20th Apr.

Steamera proceed via Suoz Canal or Panama Canal at ownin'

option.

Subject to Change without notice.

For freight and particulars apply to:-

BUTTERFIELD & SWIRE or THE BANK LINE, LD., HONGKONG,

Hongkong & Canton.

Jardins Mathieson & Co., Ltd., Canton

THE NORWEGIAN AFRICA & AUSTRALI ALINE

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will load on or about 22nd February,

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For further particulars apply to:-

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Agenie.

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M.V. "CANTON"

h

to the conduct of the Pollee, and $500,000 and upwards had been

Mr. Sheldon sald he was in-

I only wish to make it quite plain lost or was unrepresented by avail-structed that that was so, that the action of the Police was able nasets.

but

His Lordship asked, supposing

The former minute proposed to they were going to sell the busi- also to instructions from our au-be registered was that the capital ness and stock, would not the good- thorities."

of Lane Crawford- Limited (and will of the business be worth Continuing, Mr. King said that reduced) henceforth should be anything?

into 150,000 Mr. Sheldon said that a firm of on the question of traps, the most $900,000 divided. expedient measure was that which shares (of which $125,000 had chartered accountants had stat must be taken, and that which was been issued) of $6 each instead ed that the marketable value could taken in the case was more ex-of the original canital of $1,500, not at present be calculated, and pedient than any other. "But in 000 divided into 150,000 shares of entered into the books,

His Lordship: It seems to me any case, I want to make it quita $10 each. At the time of the re- clear that the police were not act-gistration of that minute the sum to be rather extraordinary that a ing from cuprice, but from in- of $6 had been paid and was to busineas like Lane Crawford's has

be deemed paid up on each of the no goodwill. formation received,"""

Mr. Sheldon: That is the ex- His Worship: 1 think it is quite shares. clear from remarks that I havel

The following items shown in perts' view.

His Lordship: Yes, far be it made, that there was no doubt in the balance sheet na assets had de- my mind that you had such ad-preciated or could not now be call-from me to question the experts' vanee Information.

ed available or realisable assets view, but it strikes me as rather Mr. King: The C.S.P. is quite Goodwill, fixtures and fittings, in-curious.

Mr. Sheldon put in other af satisfied that your Worship your- vestments, and the balance of the

the applica- self is clear on the point. From proft and loss account. The ex fidavits bearing on the Press, notice of the case, the tent of that depreciation was.- tion.

and His Lordship granted the ap C.S.P. wants to make it quite Goodwill $100,000, fixtures plain.

fittings $65,000, investments $324,-plication..

BANK

LINE LTD.

ACENTS FOR

ELLERMAN & BUCKNALL S.S. CO., LTD.

SAILINGS SUBJECT TO ALTERATION WITHOUT NOTIOR UNITED KINGDON & CONTINENT

CITY OF PEKIN" "CITY OF BENARES" "CITY OF MAURAS"

Havre, London, R'dura & Hamburg London, Botterdam & Hamburg Havre, London, R'dam & Hamburg Havre, London, R dem's Hamburg "CITY OF EASTBOURNE”... Havre, Loadon, R'dam & Hamburg

AUSTRALIA

"CITY OF GLASGOW"

"KAZEMBE"

SINGAPORE/AUSTRALIA

Leaves Singapure

LYCAON" "RHESUS**

9th Mor.... New York, Boston & Baltimors 6th April... New York, Boston & Baltimore

PASSENGER SERVICE

"HECTOR*** 22nd Feb. "AENEAB

3rd April "BARPEDUN** 18th April

“PATROOLUS" 1615 May

Singapore, Marsailles & London Bingapore. Muranilfer & Landon Bangupore, Murssilles & London Singapore Marseilles & London

Als cargo steamers with limited passenger accommodation al specially reduced fares.

For freight, pasinge rates, and information apply.10

Butterfield & Swire,

A gants.

$

"Bon Voyage”.

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Loading about 14th February

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M.V. "SUMATRA". "...

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For further particulars apply to the

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For freight or passage on any of the above is anote: Telephone Central 4791..

THE BANK LINE, Ltd.

Hongkong.

ToʻSEATTLE and VICTORIA The Short, Straight Route to Mmarked Fortolahtly sailings on Wadaandieys

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