1930-01-22 — Page 5

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GARRISON NEWS.

NAVY TEAMS PLAY FRIENDLY SOCCER.

A

On the Dockyard ground yesterday afternoon, a large crowd aw friendly foolball match in which Iroquois and the Topmen of the Kent drow with a goal each. The Topmon could field only ten players to com- mence. Teams:

Iroquola. Brettell; Sawyer, North field; Watson, Spivey, Findley; Jen- kins, Colville, Hiller, Bird Pullen.

Topmen, Kent-Hughes; Kentish, Norman: Gibbons, Vale, Stapleton: Buntain," Adams, Boyston, Snow, Constable,

To-Day's Match.

In view of a protest made after a

Chins Fleet Football League match some time ago, when a penalty was awarded against the Marazion, and when the referee ordered the kick to

be retaken owing to the goalkeeper having moved, a re-play will take place today at Happy Valley, The jack-off will be at 3 pm,

Hockey.

A semi-final in the Small Units Knock-out Competition will be played off to-day on the U.S.R.C. ground, bully off at 2.30 p.m. The match will If I Can't Have You

be between "B" Company, K.O.S.B. (You Can't Believe My Eyes | and "1" Company, S.L..J."

by the HIGH HATTERS

22204/Through

Why Do You Suppose

by NAT SHILKRETS ORCHESTRA

CINEMA NOTES.

"IN OLD ARIZONA" MADE

IN THE OPEN.

|

WEDNESDAY, JANUARY

INSTONE BREWER IN not remember an individual trana.

WITNESS BOX:

(Continued from Page 1.) hud the right to demand cash?--I have the right to pay this in to my account. I cannot put an agreement Into my account but I can pay a compradore's order or cheque into my account.

action.

You told us that people who took up, these shares were ready and willing to pay their money. Can you say whether Mrs. Brewer was able to pay this $432,0007-Most decidedly. If the firm required her to pay the money she would have at once proceeded to collect it from the people who indemnified

ber.

"

Personally, I think it is very un- She may have had to sue but can fortunate you did not say. I don't you say that at any moment Mrs. think anybody had the slightest Brewer was in possession of that Idea and I don't think anyone has money 1-She was never in posses. suggested there was A comprasion of that amount and she would dore's order in existence until to never have accepted a llability like day?-You will admit there is north that, ing in the statement antagonistic.

I am not questioning the fact that the compradore's order will ex plain the matter, but i do say it is very regrettable you should not have said it before..

Among Records. Do you know what became of it? presume it is among the cash records of the firm.

In reply to a question by Mr. Fitzroy as to how payment could be met when there was only $9,000, Mr. Brewer replied that the com- pradore made a special payment of $45,000 into the cash account.

Compradore's Security.

t

So you were drawing on the compradore's security to pay the company's debts7-1 the com. pradore approves it is perfectly legitimate.

No Claim on Guarantors.

To his Lordship, Hr. Brewer said his wife could have, paid about $16,000...

Mr. Fitzroy: Did your Status tory Report include this $432,000 as having been received for the company in cash? Yes,

And yet you knew perfectly.well

1930.

You claim that the company had received $876,750 in cash and the Crown suggest that you have not and that you received that sum knew the Company had not received it. That is the issue between you and the Crown Now I have be fore me an application and also a promissory note for $500. That noto, was accepted by the Bank In respect of the second call of five per cent. Therefore the note; is the only consideration you received in respect of that call?That is true.

Well now don't you agree that your figure of $870750 is incorrect and that so far: $500 ought to po deducted from it? No, because that note is payable on demand. It was accepted na cash and put in: the booka as such..

A Legal Argument. The result was that the Bank had not the money but had a pro- mise to pay in lieu?—Yes.

You say here that the Bank had money? We were content to ne- cept the note,

The Bank had not got that $500 of that manes) at least $400,000 in cash. They only had a promis could not possibly be recovered?sory note?It is a legal argument On the contrary,' It could be re-whether we were justified in call- covered, not from the principal. ing it cash. but from the guarantora.

His Lordship pointed out that it was Mrs. Brewer who was guaranteed and not the bank, and added the position was that as for as the bank was concerned they could not have made a claim on the guarantors of Mrs. Brewer.

You do not agree then that the figure is incorrect to that extent?--- No. There may be a legal argument on that point to see if it is sound.

I understand your to say that this is not the only note accepted in re spect of the second call?--There are

others.

•

7

Substantia) Men!

A

56.

OUR NEW BRITISH CROSSWORDS:

12 Amert.

14 Less

Across.

10 Sea-swallow, i

1. New.

0 Refuse. 10 Soil

11 Individually. 18 Head cook., 16 Guard from violation. 16 Sarcastic ridicule. 17 Tear.

Mr. Fitzroy:And yet" you re-

18 'Form, Did he approve in this case?-turned that as a cash payment?—— The money remained under his Until it was mentioned just now it

So the jury will know that what-20 Cengealed water.

22 Esse. control. If he disapproved he never struck me that the bank ever they decide about that figure 2

could never have used Mrs. that it also applies to others?--Yes. 23 Level.

26 Chargo need never pay it.

Do you know whether he apBrewer's guarantors.

In every case it was a director of 27 Pertaining to wings.;, don't you?-It Was His Lordship pointed out the a bank and a substantial man.

30 Wanders. proved or never paid out.

statutory Report stated that the to- But you say $10,000 or $7,000 was

Lal amount of cash received by the my own pocket. "

33

36

His Lordship proceeded to ques-32 Travelled through the air.

Evening servicos, Begged paid out?-Oh, I paid that out of company in respect of shares issu- tion Mr. Brewer regarding Mrs.

ed wholly for cash was 8876,750. Brewer's shares. After proceeding 37 Den. So that the compradore's security was the only means by The case for the Crown was that step by step in the transaction His 38 Dealer in men's wear.

that was an incorrect statement, Lordship asked "Mra. Brewer pur-40 Heroie. which this $48,000 could be met?-He asked Mr. Brewer: "After hay-ported to pay $432,000 in cash? 41 Feb.

42 Trees. Yes. At that particular time"

We know shares were taken up

by Mrs. Brewer and therefore the order was "met?—I can only day that I do not know that the com. pradore's order was ever actually canhed and I am prepared to admit that at that time the only money in the firm that would have "met I would have been the com- pradore's security, but I also say that that security would not have

been handed over without the com pradore's consent because he was a necessary party.

ing answered Mr. Fitzroy's ques- Lions, do you still hold it is a cor-

rect statement?"

+

45 Made well. It was well known to you that 47 Improvised vessel. Mrs. Brewer had not got 8432,000? 60 Deserve. 52 Ponsosa. Yea, She did not possess it. That was a well known fact 754 Soldiers. Yes. Neither of us could have put up that that amount.

"

Had to Give Figure. Mr. Brewer:-1 am still of the opinion that it is a correct state- ment. I wish to say that I have And yet in the repart which you got to put a figure in. The Govern-drew up you declare that in respect ment form requires me to put a of those shares the bank had re- gure in and I still maintain that ceived that money. Can you justi I could put no other figure in. Ify it? Yes, the Bank had loaned I had written it myself I would pro-her that sum and she had paid it bably not have worded it in that

way.

His Lordship consulted the form and anid he did not think it was a Statutory form and he did not think it was in the schedule.

back.

.

Differentiation?

In the case of the other directors you have insisted that they are people of substance 7-Yes.

You consider it of importance- Yes.

A Cash Receip17 Well; if it was 'not met that way then no money was paid?-1 con- sider that the compradore's order was cashed. Mr. Brewer con- Hia Lordship:-I think what you Raoul Walsh's newést Fox pro-

tinued that according to thedid, Mr. Brewer, was to get hold of Eduction, "In Old Arizona," is not

in Hongkong

com- one of the text books of company only the first feature length drama Custom

WAS # cheque. law and found that form.

But in the case of Mrs. Brewer, to be made 100 per rent. In pradore's order movietone, but it has accom-Presumably, before that order was

Mr. Brewer: I was certainly un- in an identical position, you admit plished the seemingly impossible sued, the compradore's consentder the impression it was a Statu-she was not able to pay. Why is that

"tory form.

not important?-Because her debt by being made, for the most part, was obtained and he'saw no reason

was guaranteed by directors in a position to pay.

TSANG FOOK PIANO CO. entirely away from soundproof in doubt it.

8, Des Voeux Road, Central,

(Entrance Ice House Street.)" Telephone C. 4648.

SHAMEEN

stages. As a matter of fact, its making entailed location trip to Zion National Park, to Cedar City, Utah. to the famous old San Fernando Mission in California and to the Mohave Desert at Victorville, Cal.

}

Based on a story by Tom Burry, "In Old Arizona," scheduled for its opening to-day at the Queen's Theatre, it is said to have one of brilliant casta in any picture, silent or sound, produced in several years,

the most

Warner Baxter, Edmund Lowe, Farrell Macdonald, Ivap Linow, Tom Santschl are names to con- jure with in the film firmament, for each is a star in his or her

PRINTING PRESS own right.

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Tet. C. 345,

Mr. Brewer agreed with his Lord- If you know it was obtained, well ship it was only a form suggested and good?-I don't, but I see noin the text books. reason why it was not.

Are you prepared to say that. $48,000 in cash, apart from this order, was paid for these shares which were allotted to Mrs. Brewer, or don't you know?—I don't know in the least how it was done. I presume the company accepted its own compradore's order as a perfectly good cash receipt,

You were the person allotting these shares and you had to be satisfied that this money was paid in cash, Did you satisfy yourself or did you merely assume it was all right? satisfied myself that the books showed the money had been paid in cash because cash payments did not come through

mu,

The document she gave was of small value?-She could be arrested

His Lordship:And you con- |sider in using:that form you had no

choice but to put in that figure? under it, I suppose. That is. my opinion.

I.

Voluntary Addlilon,

41

Not a Piece of Paper.

It seems qulle clear that the ulti- mate result was this. That you re- Bank held $432,000 against Mrs. presented in the report that the Brewer's shares when they only had a piece of namer?~) disagree. They could have recovered the whole amount because her piece of paper was guaranteed. Therefore Was R purely it is not just a plece of paper. voluntary addition of his own.

His Lordship then referred to Palmer's Precedents and pointed out that the certificate followed the form so far and suggested to Mr. Brewer that the addition of the words to the effect that the total sum stated to have been paid in advance of calls

Mr. Brewer answered It Was Mr. Brewer completed his evi- necessary to add that in order to dence, and when the Court adjourn- avoid discrepancy. Mr. Brewer ad-ed, said he would call as a witness ded that he considered it would qualified accountant, have been incorrect to have, stated that the company received no more than $100,000.

Mrs. Brewer's Pasition.

His Lordship suggested that the Surely you must know how payment in advance of call did not shares were allotted to Mra.make the shares fully paid up, Mr. Brewer-All I

the Brewer replying that the Ordin Hill Was [verdipt of money as paid to the ance required the amount received

in respect of all shares to ca-hier.

Do you remember the receipt for stated. ibis $18,000 being brought you? It is my opinion that the receipt was brought to me but I His Lordship: Your ense is that cannot remember the actual transmoney paid in advance of calls was action. Before I issued any share money paid, in respect of shares serip I saw the receipt but I can within this Section?-Yes,

Lo

FRECKLES AND HIS FRIENDS

MY STARS! EVERY KID IN THE TOWN HAS GONE COWBOY CRAZY ........... IT LOOKS LIKE ALL THE COMBOYS IN THE WORLD ARE IN OUR LIVING ROGAN = THEY'LL WRECK

THIS! PLACE

NOW NOW is JUST LET THEM

GO-THEY'VE NEVER HARMED

ANYTHING -

YET!

Advance of Calls,

SAY! YOU FELLAS LOOK GREAT!! Look

LIKE COWBOYS

TO MEL

TWO TOES LOST,

cause

or

Whilst watching men at work in one of the buildinga at the Kow- beloon Docks this morniny, a sexman from a Sanitary barge lying at the Docks, through some other, got his foot caught in the machinery and lost two of his toes. He was subsequently taken to the Kwong Wah Hospital for treat nient

YOU GUESSED RIGHT. AND. WE'RE GOING.

UP ON A RANCH---- "MY UNCLE CLEM'S RANCH!!

VIELL-IT'S KINDA LATE-IN THE YEAR TO GO TO A RANCH AN' BESIDES SCHOOL

STARTS PRETTY SOON YOU CAN'T MISS SCHOOL, YOU KNOW!!

66 Will beneficiary. 57 Pacc. 68 Departed. 50 Prank. 60 Reason.

65 Belonging to a university.

1 Mass of ice.

2 Athlete.

3. Once.

4 Plant.

16 Pretend.

19 Clutches.

21 Flower.

24 Species, of, vipers

25 Transgress.

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28 Respected.

20. Ald.

31 Aground

92 Touches.

34 Leguminous plant.

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40 Terra firma.

41 Additions.

43 Disgraces,

44

46 right

cubes,

48 Space. 49 Legal term.

51 Knocks.

52 Chopped.

63 Grape plant.

Yesterday's Solution,

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YOU SEE IF MY DACLE: CLEM, WRITES

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WERE GOING!!

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